Carter Bankshares, Inc.
General ticker "CARE" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $397.8M (TTM average)
Carter Bankshares, Inc. follows the US Stock Market performance with the rate: 66.5%.
Estimated limits based on current volatility of 1.4%: low 20.51$, high 21.09$
Factors to consider:
- Total employees count: 680 (+0.1%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Cybersecurity threats, Operational and conduct risks, Third-party risks, Economic downturns and volatility, Litigation risks
- Price in estimated range
- Earnings for 12 months up through Q4 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [16.21$, 22.45$]
- 2025-12-31 to 2026-12-31 estimated range: [16.49$, 23.04$]
Financial Metrics affecting the CARE estimates:
- Positive: with PPE of 16.5 at the end of fiscal year the price was neutral
- Positive: 7.67 < Operating profit margin, % of 12.88
- Positive: 6.64 < Operating cash flow per share per price, % of 8.99
- Negative: Shareholder equity ratio, % of 8.25 <= 19.40
- Positive: Inventory ratio change, % of 0 <= 0
- Negative: -0.16 < Industry inventory ratio change (median), % of 0
- Positive: Industry operating cash flow per share per price (median), % of 10.58 > 10.29
Short-term CARE quotes
Long-term CARE plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $179.15MM | $211.82MM | $239.67MM |
| Operating Expenses | $117.43MM | $183.10MM | $208.81MM |
| Operating Income | $61.72MM | $28.72MM | $30.87MM |
| Interest Expense | $20.25MM | $74.11MM | $107.27MM |
| Income(Loss) | $61.72MM | $28.72MM | $30.87MM |
| Taxes | $11.60MM | $5.34MM | $6.35MM |
| Profit(Loss)* | $50.12MM | $23.38MM | $24.52MM |
| Stockholders Equity | $328.63MM | $351.24MM | $384.31MM |
| Assets | $4,204.52MM | $4,512.54MM | $4,659.19MM |
| Operating Cash Flow | $70.79MM | $46.73MM | $36.94MM |
| Capital expenditure | $5.89MM | $9.80MM | $8.13MM |
| Investing Cash Flow | $-382.07MM | $-307.01MM | $-68.40MM |
| Financing Cash Flow | $80.35MM | $267.94MM | $108.11MM |
| Earnings Per Share** | $2.04 | $1.01 | $1.06 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.