Carter Bankshares (CARE) Projected to Post Earnings on Thursday

Carter Bankshares (NASDAQ:CARE) is anticipated to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Carter Bankshares to post earnings of $0.21 per share for the quarter.

Carter Bankshares Price Performance

Shares of Carter Bankshares stock opened at $17.36 on Tuesday. The firm has a market cap of $400.50 million, a PE ratio of 28.00 and a beta of 1.00. The stock has a 50 day moving average of $18.15 and a 200 day moving average of $17.45. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.23. Carter Bankshares has a 12 month low of $10.95 and a 12 month high of $20.40.

Analysts Set New Price Targets

Separately, Hovde Group started coverage on shares of Carter Bankshares in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $22.00 target price for the company.

About Carter Bankshares

Carter Bankshares, Inc operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposits.