Guaranty Bancshares, Inc. (NASDAQ:GNTY) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Brokers have set a 1 year consensus price objective of $34.50 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 215 out of 265 based on the ratings given to related companies.
Several equities research analysts recently issued reports on GNTY shares. Zacks Investment Research cut Guaranty Bancshares from a “buy” rating to a “strong sell” rating in a research note on Tuesday, February 27th. BidaskClub cut Guaranty Bancshares from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Finally, Sandler O’Neill reiterated a “hold” rating and issued a $33.00 price target on shares of Guaranty Bancshares in a research note on Monday, January 29th.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Banc Funds Co. LLC raised its position in Guaranty Bancshares by 8.1% during the fourth quarter. Banc Funds Co. LLC now owns 135,100 shares of the company’s stock valued at $4,141,000 after purchasing an additional 10,100 shares in the last quarter. BlackRock Inc. raised its position in Guaranty Bancshares by 7.2% during the fourth quarter. BlackRock Inc. now owns 97,157 shares of the company’s stock valued at $2,979,000 after purchasing an additional 6,498 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Guaranty Bancshares during the fourth quarter valued at approximately $456,000. Wells Fargo & Company MN raised its position in Guaranty Bancshares by 4,856.9% during the fourth quarter. Wells Fargo & Company MN now owns 7,138 shares of the company’s stock valued at $219,000 after purchasing an additional 6,994 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in Guaranty Bancshares during the fourth quarter valued at approximately $409,000. Institutional investors and hedge funds own 21.63% of the company’s stock.
Shares of Guaranty Bancshares (NASDAQ:GNTY) traded down $0.44 during mid-day trading on Friday, hitting $34.55. The company had a trading volume of 568,827 shares, compared to its average volume of 32,227. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $382.09, a PE ratio of 24.50 and a beta of -0.07. Guaranty Bancshares has a fifty-two week low of $28.00 and a fifty-two week high of $37.36.
Guaranty Bancshares (NASDAQ:GNTY) last issued its quarterly earnings results on Friday, January 26th. The company reported $0.42 earnings per share (EPS) for the quarter. The business had revenue of $19.27 million during the quarter. Guaranty Bancshares had a return on equity of 9.24% and a net margin of 16.78%. equities research analysts predict that Guaranty Bancshares will post 2.04 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Wednesday, March 28th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, March 27th. This represents a $0.56 annualized dividend and a yield of 1.62%. Guaranty Bancshares’s dividend payout ratio is currently 39.72%.
Guaranty Bancshares Company Profile
Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.
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