Shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) have received an average broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.
Brokers have set a one year consensus price target of $28.00 for the company and are forecasting that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also assigned Guaranty Federal Bancshares an industry rank of 161 out of 255 based on the ratings given to its competitors.
GFED has been the topic of several research analyst reports. Zacks Investment Research raised shares of Guaranty Federal Bancshares from a “hold” rating to a “strong-buy” rating and set a $29.00 target price on the stock in a research note on Wednesday, October 24th. Raymond James raised their price target on shares of Guaranty Federal Bancshares from $27.00 to $28.00 and gave the stock an “outperform” rating in a report on Monday, October 22nd. Finally, TheStreet upgraded shares of Guaranty Federal Bancshares from a “c” rating to a “b-” rating in a research note on Thursday, October 18th.
Shares of GFED opened at $23.80 on Friday. Guaranty Federal Bancshares has a 1 year low of $20.41 and a 1 year high of $27.39. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 1.49. The company has a market cap of $106.62 million, a P/E ratio of 16.30 and a beta of -0.07.
Guaranty Federal Bancshares (NASDAQ:GFED) last released its quarterly earnings results on Thursday, October 18th. The financial services provider reported $0.88 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.34. Guaranty Federal Bancshares had a net margin of 12.28% and a return on equity of 12.08%. The business had revenue of $12.19 million during the quarter, compared to analyst estimates of $10.10 million. On average, equities analysts predict that Guaranty Federal Bancshares will post 2.22 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 19th. Shareholders of record on Tuesday, October 9th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, October 5th. This represents a $0.48 annualized dividend and a yield of 2.02%. Guaranty Federal Bancshares’s dividend payout ratio is currently 32.88%.
An institutional investor recently raised its position in Guaranty Federal Bancshares stock. Dimensional Fund Advisors LP grew its position in shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 2.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 134,638 shares of the financial services provider’s stock after acquiring an additional 2,903 shares during the quarter. Dimensional Fund Advisors LP owned 3.03% of Guaranty Federal Bancshares worth $3,068,000 at the end of the most recent reporting period. 26.51% of the stock is owned by institutional investors.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides banking products and services in the southwestern corner of Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.
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