Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Carter Bankshares, Inc. before investing.

In this article, we go over a few key elements for understanding Carter Bankshares, Inc.’s stock price such as:

• Carter Bankshares, Inc.’s current stock price and volume
• Why Carter Bankshares, Inc.’s stock price changed recently
• Upgrades and downgrades for CARE from analysts
• CARE’s stock price momentum as measured by its relative strength

About Carter Bankshares, Inc. (CARE)

Before we jump into Carter Bankshares, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans, such as secured and unsecured, real estate construction and acquisition, and commercial and industrial loans; consumer loans, such as automobiles, home improvements, education, overdraft protection, and personal, and residential mortgages loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it offers other banking services that include safe deposit boxes, direct deposit of payroll, social security checks, and debit cards; online banking products, including online and mobile banking, online account opening, bill payment, electronic statement, mobile deposit, Zelle, credit monitoring tools, digital wallet, MoneyPass, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

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Carter Bankshares, Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Carter Bankshares, Inc.’s stock price was $34.580.

Carter Bankshares, Inc. is up 1.32% from its previous closing price of $34.130.

During the last market session, Carter Bankshares, Inc.’s stock traded between $33.400 and $34.650. Currently, there are approximately 21.85 million shares outstanding for Carter Bankshares, Inc..

Carter Bankshares, Inc.’s price-earnings (P/E) ratio is currently at 7.2, which is low compared to the Banks industry median of 12.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Carter Bankshares, Inc. Stock Price History

Carter Bankshares, Inc.’s (CARE) price is currently up 1.68% so far this month.

During the month of July, Carter Bankshares, Inc.’s stock price has reached a high of $35.140 and a low of $31.290.

Over the last year, Carter Bankshares, Inc. has hit prices as high as $35.140 and as low as $16.780. Year to date, Carter Bankshares, Inc.’s stock is up 75.89%.

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What Caused Carter Bankshares, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Carter Bankshares, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Carter Bankshares, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Carter Bankshares, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Carter Bankshares, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Carter Bankshares, Inc. (CARE) by visiting AAII Stock Evaluator.

Relative Price Strength of Carter Bankshares, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Carter Bankshares, Inc. has a weighted four-quarter relative price strength of 17.65%, which translates to a Momentum Score of 91 and is considered to be Very Strong.

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Carter Bankshares, Inc. Stock Price: Bottom Line

As of July 31, 2026, Carter Bankshares, Inc.’s stock price is $34.580, which is up 1.32% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Carter Bankshares, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.