Carver Bancorp Inc. (NASDAQ: CARV) Has Another Chance To Impress You


    Balyasny Asset Management LP recently announced the acquisition of new stake in Carver Bancorp Inc. (NASDAQ:CARV). This fresh investment now brings its stake to 1.90% valued currently at $0.39 million. In addition, Jane Street Capital LLC raised its holdings by 19083.0 to 19083.0 shares.

    With over 3.22 million Carver Bancorp Inc. (CARV) shares trading Tuesday and a closing price of $6.45 on the day, the dollar volume was approximately $20.75 million. The shares have shown a negative weekly performance of -4.44% and its price on 08/25/20 gained nearly 6.26%. Currently, there are 3.70M common shares owned by the public and among those 0.48M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for CARV have a consensus price objective of $300.00. The analysts have set the share’s price value over the next 12 months at a high of $300.00 and a low of $300.00 should the stock experience a downside. But an upside of 97.85% will see the stock hit the forecast high price target while mean target price for the stock is $300.00.

    Insiders at the company have transacted a total of 6 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 6 of these insider trades were purchases, accounting for 30,000 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

    Vanguard Extended Market Index Fu owns 6946.0 shares of the company’s stock, all valued at over $38203.0. The company bought an additional 6501.0 shares recently to bring their total holdings to about 0.19% of the shares outstanding.

    Shares of Carver Bancorp Inc. (NASDAQ: CARV) opened at $6.40, up $0.33 from a prior closing price of $6.07. However, the script later closed the day at $6.45, up 6.26%. The company’s stock has a 5-day price change of -4.44% and 258.33% over the past three months. CARV shares are trading 165.32% year to date (YTD), with the 12-month market performance up to 98.46% higher. It has a 12-month low price of $1.25 and touched a high of $22.97 over the same period. Currently, 3.22 million shares have been traded, compared to an average intraday trading volume of 2.21 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.86%, -1.97%, and 91.07% respectively.

    Institutional ownership of Carver Bancorp Inc. (NASDAQ: CARV) shares accounts for 11.20% of the company’s 3.70M shares outstanding. Mutual fund holders own 1.76%, while other institutional holders and individual stakeholders account for 8.36% and 0.22% respectively.

    It has a market capitalization of $19.03M and a beta (3y monthly) value of 1.81. The earnings-per-share (ttm) stands at -$1.40. The company has a debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.37% over the week and 13.01% over the month.

    Analysts forecast that Carver Bancorp Inc. (CARV) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for Next Year. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.

    Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”


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