Headlines about Carolina Financial (NASDAQ:CARO) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Carolina Financial earned a news impact score of 0.20 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.6624344751649 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern’s rankings:

NASDAQ CARO opened at $40.40 on Friday. The company has a market cap of $850.50, a PE ratio of 19.80 and a beta of 0.61. Carolina Financial has a 52 week low of $23.25 and a 52 week high of $42.42. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.15.

Carolina Financial (NASDAQ:CARO) last released its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.07. The firm had revenue of $37.50 million during the quarter, compared to the consensus estimate of $34.33 million. Carolina Financial had a return on equity of 10.36% and a net margin of 22.22%. equities analysts anticipate that Carolina Financial will post 2.85 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, April 6th. Investors of record on Tuesday, March 6th were given a dividend of $0.05 per share. The ex-dividend date was Monday, March 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.50%. Carolina Financial’s payout ratio is 9.80%.

Several equities research analysts have recently commented on CARO shares. Brean Capital restated a “buy” rating on shares of Carolina Financial in a report on Thursday, April 5th. BidaskClub upgraded Carolina Financial from a “hold” rating to a “buy” rating in a report on Monday, February 5th. 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. Zacks Investment Research downgraded Carolina Financial from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, ValuEngine upgraded Carolina Financial from a “hold” rating to a “buy” rating in a report on Wednesday, April 11th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Carolina Financial currently has a consensus rating of “Buy” and an average price target of $41.83.

In related news, Director Robert M. Moise sold 5,000 shares of Carolina Financial stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $38.84, for a total transaction of $194,200.00. Following the transaction, the director now owns 111,614 shares of the company’s stock, valued at $4,335,087.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.76% of the stock is owned by insiders.

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About Carolina Financial

Carolina Financial Corporation operates as a holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and Other. 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.

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

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