Shares of Guaranty Bancshares Inc. (NASDAQ:GNTY) have received an average broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.
Brokerages have set a twelve-month consensus target price of $34.00 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 169 out of 265 based on the ratings given to its competitors.
Separately, Stephens reissued a “hold” rating and issued a $34.00 price objective on shares of Guaranty Bancshares in a report on Tuesday, July 25th.
A number of hedge funds have recently modified their holdings of the stock. Hennessy Advisors Inc. bought a new position in Guaranty Bancshares during the 2nd quarter valued at $1,438,000. Kennedy Capital Management Inc. bought a new position in Guaranty Bancshares during the 2nd quarter valued at $4,768,000. Emerald Mutual Fund Advisers Trust bought a new position in Guaranty Bancshares during the 2nd quarter valued at $6,390,000. Rice Hall James & Associates LLC bought a new position in Guaranty Bancshares during the 2nd quarter valued at $1,179,000. Finally, UBS Asset Management Americas Inc. bought a new position in Guaranty Bancshares during the 2nd quarter valued at $2,359,000. 19.39% of the stock is owned by institutional investors and hedge funds.
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Shares of Guaranty Bancshares (NASDAQ:GNTY) traded down 1.42% on Monday, hitting $29.12. The company’s stock had a trading volume of 10,791 shares. Guaranty Bancshares has a 1-year low of $28.27 and a 1-year high of $35.76. The company has a 50 day moving average of $30.41 and a 200 day moving average of $31.06. The firm has a market cap of $320.55 million, a PE ratio of 18.50 and a beta of 0.03.
Guaranty Bancshares (NASDAQ:GNTY) last posted its earnings results on Monday, October 23rd. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.01). The firm had revenue of $18.80 million during the quarter. Equities analysts forecast that Guaranty Bancshares will post $1.55 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Investors of record on Friday, September 29th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend was Thursday, September 28th.
About Guaranty Bancshares
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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