Carver Bancorp (NASDAQ:CARV) Now Covered by Analysts at StockNews.com

Posted by Joseph Casey on Mar 12th, 2025

StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV – Free Report) in a research report report published on Sunday morning. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Down 0.4 %

CARV opened at $1.50 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.63. The stock has a market cap of $7.69 million, a price-to-earnings ratio of -0.78 and a beta of 1.12. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39. The company’s 50-day moving average price is $1.76 and its two-hundred day moving average price is $1.79.

Carver Bancorp (NASDAQ:CARV – Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The savings and loans company reported ($1.09) earnings per share (EPS) for the quarter. Carver Bancorp had a negative return on equity of 59.15% and a negative net margin of 24.99%.

Institutional Investors Weigh In On Carver Bancorp

A hedge fund recently raised its stake in Carver Bancorp stock. Renaissance Technologies LLC lifted its holdings in shares of Carver Bancorp, Inc. (NASDAQ:CARV – Free Report) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,600 shares of the savings and loans company’s stock after purchasing an additional 6,000 shares during the quarter. Renaissance Technologies LLC owned 1.05% of Carver Bancorp worth $99,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 18.20% of the company’s stock.

About Carver Bancorp

(Get Free Report)

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.