$0.75 EPS Expected for Carolina Financial Corporation (CARO)

June 15, 2018 - By Adrian Mccoy

Carolina Financial Corporation (NASDAQ:CARO) Logo

Analysts expect Carolina Financial Corporation (NASDAQ:CARO) to report $0.75 EPS on July, 19.They anticipate $0.19 EPS change or 33.93 % from last quarter’s $0.56 EPS. CARO’s profit would be $16.83 million giving it 13.96 P/E if the $0.75 EPS is correct. After having $0.71 EPS previously, Carolina Financial Corporation’s analysts see 5.63 % EPS growth. The stock increased 0.29% or $0.12 during the last trading session, reaching $41.88. About 91,067 shares traded or 22.12% up from the average. Carolina Financial Corporation (NASDAQ:CARO) has risen 40.79% since June 15, 2017 and is uptrending. It has outperformed by 28.22% the S&P500.

Carolina Financial Corporation (NASDAQ:CARO) Ratings Coverage

Among 4 analysts covering Carolina Financial Corporation (NASDAQ:CARO), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Carolina Financial Corporation had 14 analyst reports since December 21, 2017 according to SRatingsIntel. On Monday, June 11 the stock rating was maintained by Brean Capital with “Buy”. Brean Capital maintained the stock with “Buy” rating in Friday, May 11 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, December 21. Keefe Bruyette & Woods maintained it with “Buy” rating and $46.0 target in Monday, February 26 report. The rating was maintained by Sandler O’Neill on Thursday, January 4 with “Buy”. The stock of Carolina Financial Corporation (NASDAQ:CARO) earned “Buy” rating by Brean Capital on Monday, February 5. The stock of Carolina Financial Corporation (NASDAQ:CARO) has “Buy” rating given on Monday, May 21 by Brean Capital. The firm has “Buy” rating given on Monday, April 23 by Brean Capital. The firm has “Buy” rating by Brean Capital given on Thursday, April 5. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, January 26.

Carolina Financial Corporation operates as a bank holding firm for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company has market cap of $939.62 million. The firm operates in Community Banking and Wholesale Mortgage Banking divisions. It has a 27.66 P/E ratio. It offers checking accounts, commercial accounts, savings accounts, money market accounts, retirement accounts, longer-term certificates of deposit, noninterest-bearing demand accounts, and interest-bearing demand accounts to individuals, businesses, associations, organizations, and governmental authorities.

More news for Carolina Financial Corporation (NASDAQ:CARO) were recently published by: Prnewswire.com, which released: “Carolina Financial Corporation Announces Commencement of Common Stock Offering” on June 06, 2018. Nasdaq.com‘s article titled: “Research Report Identifies Carolina Financial, Dicerna Pharmaceuticals, On Assignment, Digimarc, CIRCOR …” and published on May 18, 2018 is yet another important article.

Carolina Financial Corporation (NASDAQ:CARO) Ratings Chart

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