Shares of GBank Financial Holdings Inc. (NASDAQ:GBFH – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $37.3333.
GBFH has been the subject of a number of recent analyst reports. Raymond James Financial assumed coverage on GBank Financial in a research note on Friday, May 29th. They issued an “outperform” rating and a $35.00 price objective for the company. Wall Street Zen raised shares of GBank Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Zacks Research lowered shares of GBank Financial from a “hold” rating to a “strong sell” rating in a research report on Friday, July 31st. JonesTrading restated a “buy” rating and set a $35.00 price objective on shares of GBank Financial in a report on Thursday, August 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of GBank Financial in a research report on Friday, July 24th.
Get Our Latest Research Report on GBank Financial
Insider Activity
Hedge Funds Weigh In On GBank Financial
A number of large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of GBank Financial in the 2nd quarter valued at $20,156,000. Susquehanna International Group LLP purchased a new position in shares of GBank Financial in the second quarter worth about $1,700,000. Kennedy Capital Management LLC lifted its stake in shares of GBank Financial by 37.0% in the 4th quarter. Kennedy Capital Management LLC now owns 126,509 shares of the company’s stock valued at $4,287,000 after acquiring an additional 34,158 shares during the last quarter. T3 Companies LLC bought a new stake in shares of GBank Financial in the 4th quarter valued at about $888,000. Finally, Squarepoint Ops LLC purchased a new stake in GBank Financial during the 2nd quarter valued at about $759,000.
GBank Financial Price Performance
GBank Financial stock opened at $19.93 on Friday. GBank Financial has a 52 week low of $19.25 and a 52 week high of $42.23. The company’s 50 day moving average price is $24.56 and its two-hundred day moving average price is $27.34. The company has a quick ratio of 0.98, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. The stock has a market cap of $289.38 million, a P/E ratio of 15.57 and a beta of 0.03.
GBank Financial (NASDAQ:GBFH – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $21.95 million during the quarter, compared to the consensus estimate of $21.80 million. GBank Financial had a net margin of 15.44% and a return on equity of 14.42%. On average, equities analysts predict that GBank Financial will post 1.59 earnings per share for the current year.
About GBank Financial
GBank Financial Holdings Inc operates as a bank holding company for GBank which provides banking services to commercial and consumer customers principally in Nevada. The company offers business and personal checking and savings accounts. GBank Financial Holdings Inc is based in Las Vegas, Nevada.
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