Guaranty Bancshares, Inc. (NASDAQ:GNTY) has been assigned an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.
Brokerages have set a one year consensus price objective of $33.50 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 23 out of 265 based on the ratings given to related companies.
Several research analysts have issued reports on GNTY shares. Zacks Investment Research cut shares of Guaranty Bancshares from a “hold” rating to a “sell” rating in a report on Thursday, November 16th. BidaskClub upgraded shares of Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Finally, Sandler O’Neill restated a “hold” rating and issued a $33.00 price target on shares of Guaranty Bancshares in a report on Monday.
Shares of Guaranty Bancshares (GNTY) traded up $0.84 during trading on Thursday, reaching $31.65. 11,856 shares of the company’s stock traded hands, compared to its average volume of 18,623. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. Guaranty Bancshares has a one year low of $28.00 and a one year high of $36.38. The company has a market cap of $342.50, a PE ratio of 22.04 and a beta of 0.02.
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Stockholders of record on Tuesday, December 26th were issued a $0.14 dividend. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.13. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Friday, December 22nd. Guaranty Bancshares’s dividend payout ratio (DPR) is currently 39.72%.
Several large investors have recently added to or reduced their stakes in the company. Asset Dedication LLC bought a new stake in shares of Guaranty Bancshares in the 4th quarter valued at about $1,802,000. Thomson Horstmann & Bryant Inc. boosted its stake in Guaranty Bancshares by 16.4% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 182,100 shares of the company’s stock worth $5,581,000 after purchasing an additional 25,619 shares in the last quarter. Castine Capital Management LLC boosted its stake in Guaranty Bancshares by 4.7% in the 3rd quarter. Castine Capital Management LLC now owns 98,385 shares of the company’s stock worth $3,147,000 after purchasing an additional 4,399 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Guaranty Bancshares in the 3rd quarter worth approximately $229,000. Finally, Hennessy Advisors Inc. boosted its stake in Guaranty Bancshares by 22.2% in the 3rd quarter. Hennessy Advisors Inc. now owns 55,000 shares of the company’s stock worth $1,759,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 20.75% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/14/zacks-brokerages-set-33-50-target-price-for-guaranty-bancshares-inc-gnty.html.
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.
Get a free copy of the Zacks research report on Guaranty Bancshares (GNTY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Guaranty Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guaranty Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.