Guaranty Bancshares Inc. (NASDAQ:GNTY) has earned an average broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Analysts have set a 1 year consensus target price of $34.50 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 105 out of 265 based on the ratings given to related companies.
Several research firms have commented on GNTY. Sandler O’Neill began coverage on Guaranty Bancshares in a research report on Monday, June 5th. They issued a “hold” rating and a $34.00 price objective on the stock. Stephens began coverage on Guaranty Bancshares in a research report on Monday, June 5th. They issued an “equal weight” rating and a $35.00 price objective on the stock. Finally, ValuEngine lowered Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th.
Institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund acquired a new stake in shares of Guaranty Bancshares during the second quarter valued at about $109,000. California State Teachers Retirement System acquired a new stake in shares of Guaranty Bancshares during the second quarter valued at about $115,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Guaranty Bancshares during the second quarter valued at about $156,000. State Street Corp acquired a new stake in shares of Guaranty Bancshares during the second quarter valued at about $492,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Guaranty Bancshares during the second quarter valued at about $651,000. Institutional investors own 19.39% of the company’s stock.
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Guaranty Bancshares (NASDAQ GNTY) traded up 1.009% on Tuesday, reaching $31.545. The company had a trading volume of 2,914 shares. The firm has a 50-day moving average of $30.64 and a 200-day moving average of $31.30. The stock has a market capitalization of $347.25 million, a P/E ratio of 20.041 and a beta of 0.01. Guaranty Bancshares has a 12 month low of $28.27 and a 12 month high of $36.38.
Guaranty Bancshares (NASDAQ:GNTY) last released its quarterly earnings data on Monday, July 24th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $18.32 million during the quarter. On average, equities research analysts expect that Guaranty Bancshares will post $1.58 earnings per share for the current fiscal year.
About Guaranty Bancshares
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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