Shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) have been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.
Brokers have set a one year consensus price target of $33.50 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 16 out of 265 based on the ratings given to its competitors.
A number of equities analysts have recently issued reports on GNTY shares. BidaskClub upgraded shares of Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Zacks Investment Research upgraded shares of Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th.
Shares of Guaranty Bancshares (GNTY) traded up $0.42 on Wednesday, hitting $31.73. 3,670 shares of the stock were exchanged, compared to its average volume of 18,160. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $347.13 and a P/E ratio of 18.78. Guaranty Bancshares has a 1-year low of $28.00 and a 1-year high of $36.38.
Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings results on Monday, October 23rd. The company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.01). The company had revenue of $18.80 million during the quarter. Guaranty Bancshares had a net margin of 18.17% and a return on equity of 9.60%. equities analysts forecast that Guaranty Bancshares will post 1.55 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Tuesday, December 26th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.76%. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 22nd. Guaranty Bancshares’s dividend payout ratio is presently 33.14%.
A number of hedge funds and other institutional investors have recently modified their holdings of GNTY. New York State Common Retirement Fund acquired a new stake in Guaranty Bancshares in the 2nd quarter valued at about $109,000. California State Teachers Retirement System acquired a new stake in Guaranty Bancshares in the 2nd quarter valued at about $115,000. TIAA CREF Investment Management LLC acquired a new stake in Guaranty Bancshares in the 2nd quarter valued at about $156,000. Cullen Frost Bankers Inc. acquired a new stake in Guaranty Bancshares in the 3rd quarter valued at about $211,000. Finally, SG Americas Securities LLC acquired a new stake in Guaranty Bancshares in the 3rd quarter valued at about $229,000. 20.04% of the stock is currently owned by hedge funds and other institutional investors.
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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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