Guaranty Bancshares, Inc. (NASDAQ:GNTY) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus target price of $34.00 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 100 out of 256 based on the ratings given to related companies.
A number of brokerages recently commented on GNTY. BidaskClub upgraded Guaranty Bancshares from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 15th. Zacks Investment Research upgraded Guaranty Bancshares from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Finally, Stephens reiterated a “buy” rating and set a $34.00 price objective on shares of Guaranty Bancshares in a research report on Tuesday, April 23rd.
In related news, Director James S. Bunch acquired 5,000 shares of Guaranty Bancshares stock in a transaction that occurred on Friday, April 26th. The shares were purchased at an average price of $27.01 per share, for a total transaction of $135,050.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 22.60% of the company’s stock.
Large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA raised its position in Guaranty Bancshares by 516.7% in the first quarter. BNP Paribas Arbitrage SA now owns 1,591 shares of the company’s stock valued at $46,000 after purchasing an additional 1,333 shares during the period. Ramsey Quantitative Systems raised its position in Guaranty Bancshares by 180.5% in the fourth quarter. Ramsey Quantitative Systems now owns 2,264 shares of the company’s stock valued at $68,000 after purchasing an additional 1,457 shares during the period. Metropolitan Life Insurance Co. NY raised its position in Guaranty Bancshares by 365.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 2,796 shares of the company’s stock valued at $83,000 after purchasing an additional 2,195 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in Guaranty Bancshares in the first quarter valued at $175,000. Finally, MetLife Investment Advisors LLC raised its position in Guaranty Bancshares by 53.9% in the third quarter. MetLife Investment Advisors LLC now owns 6,119 shares of the company’s stock valued at $185,000 after purchasing an additional 2,143 shares during the period. Institutional investors own 21.56% of the company’s stock.
Guaranty Bancshares stock traded down $0.08 during trading on Friday, reaching $29.25. 27,893 shares of the company were exchanged, compared to its average volume of 27,175. Guaranty Bancshares has a 52-week low of $24.27 and a 52-week high of $36.30. The company has a market cap of $343.31 million, a price-to-earnings ratio of 15.81 and a beta of 0.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 0.88.
Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.05). Guaranty Bancshares had a return on equity of 9.22% and a net margin of 19.63%. The company had revenue of $22.57 million for the quarter. On average, analysts predict that Guaranty Bancshares will post 2.22 EPS for the current fiscal year.
About Guaranty Bancshares
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, 1-4 family residential, commercial real estate, farmland and agricultural, multi-family residential, and consumer loans.
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