Carver Bancorp (NASDAQ:CARV) Issues Earnings Results

Carver Bancorp (NASDAQ:CARV) released its quarterly earnings data on Thursday. The savings and loans company reported ($0.46) earnings per share (EPS) for the quarter, Zacks reports. Carver Bancorp had a negative net margin of 33.51% and a negative return on equity of 117.36%.

Carver Bancorp Price Performance

Shares of NASDAQ CARV traded down $0.45 during mid-day trading on Friday, hitting $3.07. 1,413 shares of the company’s stock traded hands, compared to its average volume of 44,315. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.00 and a quick ratio of 1.00. Carver Bancorp has a 1 year low of $1.30 and a 1 year high of $3.85. The company’s 50-day moving average is $2.74 and its two-hundred day moving average is $2.09. The company has a market capitalization of $15.56 million, a P/E ratio of -1.26 and a beta of 1.42.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Carver Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Carver Bancorp

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.