Carolina Financial Corporation (CARO) Analysts See $0.75 EPS

June 19, 2018 - By Vivian Currie

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 $16.83M giving it 14.66 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 2.33% or $1 during the last trading session, reaching $43.97. About 233,979 shares traded or 204.26% up from the average. Carolina Financial Corporation (NASDAQ:CARO) has risen 40.79% since June 19, 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. Brean Capital maintained Carolina Financial Corporation (NASDAQ:CARO) rating on Monday, June 11. Brean Capital has “Buy” rating and $4600 target. The stock of Carolina Financial Corporation (NASDAQ:CARO) earned “Buy” rating by Sandler O’Neill on Thursday, January 4. The firm has “Hold” rating by Stephens given on Thursday, January 25. The company was maintained on Friday, January 26 by Keefe Bruyette & Woods. The stock of Carolina Financial Corporation (NASDAQ:CARO) earned “Buy” rating by Keefe Bruyette & Woods on Monday, February 26. The stock has “Buy” rating by Brean Capital on Thursday, April 5. The rating was maintained by Brean Capital with “Buy” on Monday, April 16. Brean Capital maintained the shares of CARO in report on Tuesday, January 2 with “Buy” rating. The stock of Carolina Financial Corporation (NASDAQ:CARO) earned “Buy” rating by Brean Capital on Monday, February 5. The rating was maintained by Brean Capital with “Buy” on Monday, April 23.

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 $986.51 million. The firm operates in Community Banking and Wholesale Mortgage Banking divisions. It has a 29.04 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.

Another recent and important Carolina Financial Corporation (NASDAQ:CARO) news was published by Streetinsider.com which published an article titled: “Carolina Financial (CARO) Commences Common Stock Offering” on June 06, 2018.

Carolina Financial Corporation (NASDAQ:CARO) Ratings Chart

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