Guaranty Bancshares, Inc. (NASDAQ:GNTY) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokerages have set a twelve-month consensus price objective of $34.00 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 183 out of 255 based on the ratings given to related companies.
Several equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. Stephens restated a “buy” rating and set a $34.00 price objective on shares of Guaranty Bancshares in a report on Tuesday, January 22nd. Finally, BidaskClub downgraded shares of Guaranty Bancshares from a “hold” rating to a “sell” rating in a research report on Wednesday, February 13th.
Shares of GNTY traded down $0.11 during mid-day trading on Wednesday, hitting $27.82. 12,389 shares of the company traded hands, compared to its average volume of 27,480. Guaranty Bancshares has a one year low of $24.27 and a one year high of $36.30. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $329.31 million, a P/E ratio of 15.04 and a beta of 0.04.
Guaranty Bancshares (NASDAQ:GNTY) last released its quarterly earnings results on Tuesday, January 22nd. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.03. Guaranty Bancshares had a net margin of 19.85% and a return on equity of 9.23%. The business had revenue of $23.03 million for the quarter. As a group, analysts anticipate that Guaranty Bancshares will post 2.22 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Wednesday, March 27th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Tuesday, March 26th. Guaranty Bancshares’s dividend payout ratio is presently 36.76%.
In related news, Director Richard W. Baker bought 100,000 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was bought at an average price of $30.00 per share, for a total transaction of $3,000,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Randall R. Kucera sold 1,000 shares of Guaranty Bancshares stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $30.19, for a total transaction of $30,190.00. The disclosure for this sale can be found here. Company insiders own 22.57% of the company’s stock.
Institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN raised its holdings in Guaranty Bancshares by 53.9% during the third quarter. Wells Fargo & Company MN now owns 12,555 shares of the company’s stock worth $379,000 after buying an additional 4,399 shares during the last quarter. MetLife Investment Advisors LLC lifted its position in Guaranty Bancshares by 53.9% during the third quarter. MetLife Investment Advisors LLC now owns 6,119 shares of the company’s stock valued at $185,000 after buying an additional 2,143 shares during the period. Ramsey Quantitative Systems lifted its position in Guaranty Bancshares by 180.5% during the fourth quarter. Ramsey Quantitative Systems now owns 2,264 shares of the company’s stock valued at $68,000 after buying an additional 1,457 shares during the period. Martingale Asset Management L P lifted its position in Guaranty Bancshares by 1.3% during the fourth quarter. Martingale Asset Management L P now owns 30,204 shares of the company’s stock valued at $901,000 after buying an additional 400 shares during the period. Finally, Vanguard Group Inc lifted its position in Guaranty Bancshares by 10.2% during the third quarter. Vanguard Group Inc now owns 277,762 shares of the company’s stock valued at $8,396,000 after buying an additional 25,723 shares during the period. Institutional investors and hedge funds own 21.33% of the company’s stock.
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, 1-4 family residential, commercial real estate, farmland and agricultural, multi-family residential, and consumer loans.
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