Guaranty Bancshares, Inc. (NASDAQ:GNTY) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a twelve-month consensus price target of $36.00 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 179 out of 255 based on the ratings given to related companies.
GNTY has been the topic of several recent research reports. Zacks Investment Research raised Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. BidaskClub raised Guaranty Bancshares from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 20th. ValuEngine lowered Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, May 9th. Finally, Stephens restated a “hold” rating and issued a $36.00 target price on shares of Guaranty Bancshares in a research note on Monday, June 18th.
NASDAQ:GNTY traded down $0.33 on Friday, hitting $32.94. The company’s stock had a trading volume of 26,530 shares, compared to its average volume of 26,090. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $364.28 million, a price-to-earnings ratio of 21.12 and a beta of -0.01. Guaranty Bancshares has a one year low of $28.00 and a one year high of $37.36.
Guaranty Bancshares (NASDAQ:GNTY) last announced its earnings results on Tuesday, April 24th. The company reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.07). The firm had revenue of $19.04 million for the quarter. Guaranty Bancshares had a return on equity of 8.22% and a net margin of 17.30%. equities research analysts expect that Guaranty Bancshares will post 2.03 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 11th. Shareholders of record on Wednesday, June 27th will be issued a dividend of $0.14 per share. The ex-dividend date is Tuesday, June 26th. This represents a $0.56 dividend on an annualized basis and a yield of 1.70%. Guaranty Bancshares’s payout ratio is 35.90%.
Institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC bought a new position in shares of Guaranty Bancshares in the first quarter worth $132,000. American International Group Inc. boosted its position in Guaranty Bancshares by 260.7% during the first quarter. American International Group Inc. now owns 5,046 shares of the company’s stock valued at $168,000 after buying an additional 3,647 shares during the period. The Manufacturers Life Insurance Company boosted its position in Guaranty Bancshares by 1,087.2% during the first quarter. The Manufacturers Life Insurance Company now owns 6,423 shares of the company’s stock valued at $214,000 after buying an additional 5,882 shares during the period. Wells Fargo & Company MN boosted 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 buying an additional 6,994 shares during the period. Finally, California State Teachers Retirement System raised its stake in shares of Guaranty Bancshares by 264.3% during the first quarter. California State Teachers Retirement System now owns 12,023 shares of the company’s stock valued at $400,000 after acquiring an additional 8,723 shares during the last quarter. 22.64% of the stock is currently owned by hedge funds and other institutional investors.
Guaranty Bancshares Company Profile
Guaranty Bancshares, Inc operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. It offers various deposit products, such as checking and savings, money market, and business accounts, as well as certificates of deposit; and loan products comprising commercial and industrial, construction and development, commercial real estate, farmland, consumer, one-to-four family residential, multi-family residential, and agricultural loans.
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