SeekingAlpha · Aug 6, 2026
Carter Bankshares' Growth Doesn't Buy It A 'Buy' Rating
Carter Bankshares stock is a "Hold" despite rapid growth, a stronger balance sheet, and low deposit risk. Here's what investors need to know about CARE.
CA
NASDAQ · CARE
Carter Bankshares, Inc.
Financial Services · Banks - Regional
$32.34
Up+$0.38 (+1.18%)
Updated Aug 13, 2026, 6:48 PM
SID Score
7.0/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 453.33M
- P/E ratio
- 14.29
- Dividend yield
- 0.00%
- 52-week range
- $19.41 – $36.06
- Volume
- 304.93K
- Avg. volume
- 88.2K
Price performance
CARE price history
1M range · 21 trading sessions · Daily adjusted prices
CARE closed at $32.34 after 21 trading sessions, up 0.25% for the selected period.
- Last close
- $32.34
- Period change
- +0.25%
- Period low
- $31.72
- Period high
- $35.72
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 12, 2026 | $31.80 | $32.53 | $31.77 | $32.34 | 304.93K |
| Aug 11, 2026 | $31.73 | $32.19 | $31.265 | $32.01 | 470.67K |
| Aug 10, 2026 | $32.67 | $32.9603 | $31.615 | $31.72 | 581.86K |
| Aug 7, 2026 | $33.76 | $34.495 | $32.8093 | $33.00 | 497.75K |
| Aug 6, 2026 | $35.15 | $35.31 | $33.87 | $33.90 | 542.57K |
| Aug 5, 2026 | $36.00 | $36.01 | $34.88 | $35.11 | 372.16K |
| Aug 4, 2026 | $35.41 | $36.06 | $35.13 | $35.72 | 435.52K |
| Aug 3, 2026 | $34.76 | $35.52 | $34.76 | $35.43 | 544.82K |
| Jul 31, 2026 | $34.11 | $34.645 | $33.40 | $34.58 | 478.32K |
| Jul 30, 2026 | $34.81 | $34.93 | $34.07 | $34.13 | 441.65K |
| Jul 29, 2026 | $34.50 | $34.99 | $34.32 | $34.51 | 373.39K |
| Jul 28, 2026 | $34.13 | $34.945 | $34.13 | $34.54 | 519.92K |
| Jul 27, 2026 | $34.15 | $34.58 | $33.91 | $34.07 | 421.61K |
| Jul 24, 2026 | $34.10 | $35.14 | $33.71 | $34.01 | 421.95K |
| Jul 23, 2026 | $32.18 | $34.095 | $31.35 | $33.90 | 424.68K |
| Jul 22, 2026 | $33.15 | $33.15 | $32.495 | $32.92 | 320.5K |
| Jul 21, 2026 | $32.99 | $33.39 | $32.605 | $33.29 | 273.47K |
| Jul 20, 2026 | $33.31 | $33.52 | $32.72 | $33.01 | 386.1K |
| Jul 17, 2026 | $32.83 | $33.48 | $32.33 | $33.35 | 504.21K |
| Jul 16, 2026 | $32.19 | $33.06 | $32.19 | $33.06 | 483.33K |
| Jul 15, 2026 | $31.94 | $32.64 | $31.8529 | $32.26 | 243.49K |
Latest CARE news
The latest Smart Investors Daily articles mentioning CARE.
Stock researchCompany · Overview
CARE research
Overview
Company profile and research snapshot.
Company profile
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. It offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $22.00
- Implied upside
- —
- Analysts
- 9
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 1, 2026 | Raymond James | Market Perform | — |
| Jun 3, 2026 | Hovde Group | Market Perform | — |
| May 15, 2026 | Freedom Broker | Hold | — |
| Oct 2, 2024 | Hovde Group | Outperform | — |
| Aug 29, 2024 | Raymond James | Outperform | — |
News briefing
No generated briefing is available yet.
ChartMill · Jul 23, 2026
Carter Bankshares (NASDAQ:CARE) Disappoints on Core Profitability Despite Revenue Beat
Carter Bankshares shares fell pre-market despite beating Q2 2026 revenue estimates, as an adjusted EPS miss and rising nonperforming loans weighed on investor sentiment.
Benzinga · Jul 23, 2026
Carter Bankshares Q2 Adj. EPS $0.53 Misses $0.76 Estimate, Sales $45.262M Miss $55.913M Estimate
Carter Bankshares (NASDAQ:CARE) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.76 by 30.26 percent. This is a 29.27 percent increase over earnings of $0.41 per share
Yahoo · Jul 14, 2026
Carter Bank Named Best Bank in Virginia by Forbes
The Martinsville-based community bank topped the magazine's 2026 Best In State Banks list. MARTINSVILLE, VA / ACCESS Newswire / July 14, 2026 / Leading business magazine Forbes recently named Carter Bank (Nasdaq:CARE) the Best Bank in Virginia in ...
AI research layers
Interpretive context generated from the platform’s current data sources.
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