Guaranty Bancshares (NASDAQ:GNTY) released its quarterly earnings results on Monday. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.14, MarketWatch Earnings reports. Guaranty Bancshares had a net margin of 20.06% and a return on equity of 13.54%.
Guaranty Bancshares stock traded up $0.35 on Wednesday, hitting $32.93. 481 shares of the stock traded hands, compared to its average volume of 16,810. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The firm has a market cap of $361.37 million, a P/E ratio of 14.81 and a beta of 0.43. The business’s fifty day simple moving average is $30.91 and its 200 day simple moving average is $27.97. Guaranty Bancshares has a 1 year low of $20.02 and a 1 year high of $33.90.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 13th. Shareholders of record on Monday, December 28th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.43%. The ex-dividend date was Thursday, December 24th. Guaranty Bancshares’s dividend payout ratio is currently 35.56%.
In related news, Director James S. Bunch purchased 1,600 shares of the stock in a transaction dated Thursday, November 5th. The stock was purchased at an average price of $27.99 per share, with a total value of $44,784.00. Following the transaction, the director now directly owns 105,000 shares in the company, valued at $2,938,950. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tyson T. Abston sold 11,700 shares of Guaranty Bancshares stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $29.52, for a total value of $345,384.00. Following the completion of the transaction, the chief executive officer now directly owns 80,800 shares of the company’s stock, valued at approximately $2,385,216. The disclosure for this sale can be found here. In the last three months, insiders have acquired 10,291 shares of company stock valued at $295,361 and have sold 21,625 shares valued at $642,801. Company insiders own 29.58% of the company’s stock.
Several equities analysts have commented on GNTY shares. TheStreet raised Guaranty Bancshares from a “c+” rating to a “b-” rating in a research report on Thursday, October 22nd. Piper Sandler raised their price objective on Guaranty Bancshares from $26.50 to $32.00 and gave the company a “neutral” rating in a research report on Tuesday, October 20th. Finally, Zacks Investment Research lowered Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, January 6th.
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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