News coverage about Carolina Financial (NASDAQ:CARO) has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carolina Financial earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.4489619980793 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

CARO has been the topic of a number of research reports. Zacks Investment Research raised Carolina Financial from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Wednesday, November 1st. Brean Capital reaffirmed a “buy” rating on shares of Carolina Financial in a report on Monday, October 30th. Sandler O’Neill set a $44.00 price objective on Carolina Financial and gave the company a “buy” rating in a report on Thursday, January 4th. ValuEngine lowered Carolina Financial from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, BidaskClub lowered Carolina Financial from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $40.17.

Shares of Carolina Financial (CARO) opened at $39.07 on Monday. Carolina Financial has a twelve month low of $22.62 and a twelve month high of $40.20. The firm has a market capitalization of $822.83, a P/E ratio of 21.35 and a beta of 0.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.81 and a quick ratio of 0.80.

Carolina Financial (NASDAQ:CARO) last announced its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.01). Carolina Financial had a net margin of 24.80% and a return on equity of 11.46%. equities research analysts forecast that Carolina Financial will post 1.87 earnings per share for the current fiscal year.

In other Carolina Financial news, Director Robert M. Moise sold 3,000 shares of Carolina Financial stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $36.76, for a total value of $110,280.00. Following the sale, the director now owns 119,086 shares of the company’s stock, valued at approximately $4,377,601.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 12.23% of the stock is currently owned by insiders.

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Carolina Financial Company Profile

Carolina Financial Corporation is a bank holding company. The Company operates through CresCom Bank (the Bank), a state-chartered commercial bank. The Company operates through three segments: community banking, wholesale mortgage banking (mortgage banking) and other. The Company’s community banking segment provides traditional banking services offered through CresCom Bank.

Insider Buying and Selling by Quarter for Carolina Financial (NASDAQ:CARO)

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