Carolina Financial Corp (CARO) Analysts See $0.53 EPS

September 17, 2017 - By Richard Conner

 Carolina Financial Corp (CARO) Analysts See $0.53 EPS

Analysts await Carolina Financial Corp (NASDAQ:CARO) to report earnings on October, 18. They expect $0.53 EPS, up 12.77 % or $0.06 from last year’s $0.47 per share. CARO’s profit will be $8.50M for 16.04 P/E if the $0.53 EPS becomes a reality. After $0.56 actual EPS reported by Carolina Financial Corp for the previous quarter, Wall Street now forecasts -5.36 % negative EPS growth. The stock increased 0.95% or $0.32 on September 15, reaching $34.01. About 160,183 shares traded or 155.26% up from the average. Carolina Financial Corp (NASDAQ:CARO) has risen 61.84% since September 17, 2016 and is uptrending. It has outperformed by 45.14% the S&P500.

Carolina Financial Corp (NASDAQ:CARO) Ratings Coverage

Among 7 analysts covering Carolina Financial Corporation (NASDAQ:CARO), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Carolina Financial Corporation had 14 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Carolina Financial Corp (NASDAQ:CARO) earned “Outperform” rating by Raymond James on Thursday, April 7. The rating was initiated by Raymond James on Friday, December 18 with “Strong Buy”. The firm has “Hold” rating by Stephens given on Thursday, July 20. The firm has “Hold” rating by Stephens given on Monday, June 12. The firm earned “Strong Buy” rating on Tuesday, June 13 by Raymond James. The stock of Carolina Financial Corp (NASDAQ:CARO) has “Equal-Weight” rating given on Friday, September 9 by Stephens. The firm earned “Buy” rating on Friday, July 7 by Keefe Bruyette & Woods. The rating was maintained by Brean Capital with “Buy” on Wednesday, August 2. The rating was initiated by Brean Capital on Wednesday, November 30 with “Hold”. The stock has “Buy” rating by Sandler O’Neill on Wednesday, November 9.

Carolina Financial Corporation is a bank holding company. The company has market cap of $545.68 million. The Firm operates through CresCom Bank , a state-chartered commercial bank. It has a 18.89 P/E ratio. The Firm operates through three divisions: community banking, wholesale mortgage banking (mortgage banking) and other.

More notable recent Carolina Financial Corp (NASDAQ:CARO) news were published by: Nasdaq.com which released: “Carolina Financial Corporation (CARO) Ex-Dividend Date Scheduled for September …” on September 12, 2017, also Bizjournals.com with their article: “CEOs of Carolina Financial Corporation, First South tout acquisition deal” published on July 25, 2017, Bizjournals.com published: “CEO: Carolina Financial Corporation buyout of First South driven by Triangle …” on June 14, 2017. More interesting news about Carolina Financial Corp (NASDAQ:CARO) were released by: Zacks.com and their article: “4 Reasons Why Carolina Financial is a Solid Pick Right Now” published on September 07, 2017 as well as Bizjournals.com‘s news article titled: “Filing: First South had four suitors other than Carolina Financial Corporation” with publication date: September 11, 2017.

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