How to Buy Carter Bankshares Stock
Carter Bankshares Inc
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services.
Carter Bankshares stock last closed at $17.36, up 0% from the previous day, and has increased 26.44% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.02 percentage points. Carter Bankshares stock is currently +58.54% from its 52-week low of $10.95, and -14.9% from its 52-week high of $20.40.
There are currently 23.07M CARE shares outstanding. The market value of CARE is $400.53M. In the past 24 hours, 78,318 CARE shares were traded.
How to Buy Carter Bankshares Stock
Wondering how to invest in Carter Bankshares stock? Here's how.
- Figure out where to buy Carter Bankshares stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Carter Bankshares stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Evaluate Carter Bankshares stock: The Carter Bankshares ticker symbol is CARE. Is Carter Bankshares stock a good investment? Should you buy shares of CARE? How do CARE's underlying business fundamentals look? Do top analysts think Carter Bankshares is a good buy? Why has CARE's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if CARE is a good stock to buy).
- Make your CARE buy order: Decide if you will purchase CARE shares at the current market price or use a limit order to purchase CARE stock at a given price.
- Watch your investment in CARE: Create a watchlist to keep tabs on your new investment in Carter Bankshares stock.
Step 1: Figure out where to buy Carter Bankshares stock
You will need an online brokerage account in order to access the NASDAQ market and buy CARE stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in CARE today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring money into your investment account.
Step 4: Evaluate Carter Bankshares stock
After you have chosen the best place to buy Carter Bankshares stock, it's crucial to evaluate their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Overview of key CARE info
Fundamentals of Carter Bankshares
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on CARE's stock page.
Is CARE stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CARE's intrinsic value.
Using relative valuations measures:
- CARE may be undervalued based on its P/E ratio of 27.56x, relative to Banks - Regional industry P/E ratio of 35.56x
- CARE may be undervalued based on its P/B ratio of 1.04x, relative to Banks - Regional industry P/B ratio of 1.12x
- CARE may be undervalued based on its PEG ratio of 0.37x
You can access more valuation research on CARE's stock here.
CARE Financial Health Overview
Signs that CARE is financially healthy:
- CARE's operating cash flow of $33.36M allows it to safely service it's debt of $90.00M.
- CARE earnings of $18.30M is not sufficient to cover its interest payments.
Signs that CARE is not financially healthy:
- CARE profit margin has gone down from 26.6% to 11.2% in the past year.
- CARE has a relatively high debt to equity ratio of 10.93.
Is CARE stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who monitor CARE, the consensus analyst rating on Carter Bankshares is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Carter Bankshares stock forecast page.
CARE Technical Indicators
CARE Performance Metrics
Last year, CARE earnings were $14.36M. In the past 3 year, CARE's earnings have gone up by -75.32% per year. This was slower than the Banks - Regional industry average of 30.49%.
Last year, CARE revenue was $128.51M. In the last three year, CARE's revenue has increased by -28.93% per year. This was slower than the Banks - Regional industry average of 15.19%.
Learn more about CARE's earnings and revenue performance here.
Are CARE executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at CARE have not bought or sold any shares.
Research more about who owns CARE stock here.
Does CARE provide a stable income stream?
No, Carter Bankshares doesn't provide an income stream by paying out dividends.
CARE Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your CARE buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in CARE
Now that you own some CARE shares, you'll want to keep up with your new investment.
Create a watchlist to track your CARE stock.
CARE Feed
How to Buy Stock in Carter Bankshares
To reiterate, here are the 6 steps to buy Carter Bankshares stock:
- Figure out where to buy Carter Bankshares stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Carter Bankshares stock
- Make your CARE buy order
- Watch your investment in CARE
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Carter Bankshares, create a watchlist on WallStreetZen today.
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