For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Carter Bankshares Inc’s stock clocked out at $16.63, up 1.77% from its previous closing price of $16.34. In other words, the price has increased by $1.77 from its previous closing price. On the day, 0.17 million shares were traded. CARE stock price reached its highest trading level at $16.64 during the session, while it also had its lowest trading level at $16.27.
Ratios:
To gain a deeper understanding of CARE’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on October 02, 2024, initiated with a Outperform rating and assigned the stock a target price of $22.
On May 01, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 12 ’25 when Bloomfield Kevin S. sold 1,629 shares for $16.81 per share. The transaction valued at 27,377 led to the insider holds 16,418 shares of the business.
Bloomfield Kevin S. sold 4,509 shares of CARE for $75,367 on Jun 11 ’25. The Director now owns 18,047 shares after completing the transaction at $16.71 per share. On Jun 09 ’25, another insider, Bloomfield Kevin S., who serves as the Director of the company, sold 1,000 shares for $16.52 each. As a result, the insider received 16,521 and left with 22,556 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CARE now has a Market Capitalization of 385134144 and an Enterprise Value of 350979392. As of this moment, Carter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.87, and their Forward P/E ratio for the next fiscal year is 8.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 2.395.
Stock Price History:
The Beta on a monthly basis for CARE is 0.76, which has changed by 0.35203254 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, CARE has reached a high of $20.40, while it has fallen to a 52-week low of $12.28. The 50-Day Moving Average of the stock is 5.91%, while the 200-Day Moving Average is calculated to be -3.05%.
Shares Statistics:
It appears that CARE traded 76.45K shares on average per day over the past three months and 118010 shares per day over the past ten days. A total of 23.16M shares are outstanding, with a floating share count of 22.25M. Insiders hold about 3.91% of the company’s shares, while institutions hold 46.97% stake in the company. Shares short for CARE as of 1748563200 were 658827 with a Short Ratio of 8.62, compared to 1745971200 on 645567. Therefore, it implies a Short% of Shares Outstanding of 658827 and a Short% of Float of 2.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.04.
