Shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1 year consensus price objective of $34.00 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 111 out of 256 based on the ratings given to related companies.
A number of research analysts have recently weighed in on GNTY shares. Stephens reissued a “buy” rating and issued a $34.00 price target on shares of Guaranty Bancshares in a research note on Tuesday, January 22nd. BidaskClub downgraded Guaranty Bancshares from a “hold” rating to a “sell” rating in a research note on Wednesday, February 13th. Finally, Zacks Investment Research raised Guaranty Bancshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 31st.
Shares of GNTY stock traded up $0.42 during trading hours on Friday, reaching $28.65. The company had a trading volume of 1,834 shares, compared to its average volume of 23,377. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.52. The company has a market cap of $329.15 million, a P/E ratio of 15.49 and a beta of 0.01. Guaranty Bancshares has a 1-year low of $24.27 and a 1-year high of $36.30.
Guaranty Bancshares (NASDAQ:GNTY) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $0.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.05). The company had revenue of $22.57 million during the quarter. Guaranty Bancshares had a net margin of 19.63% and a return on equity of 9.30%. Research analysts anticipate that Guaranty Bancshares will post 2.22 earnings per share for the current fiscal year.
In other Guaranty Bancshares news, Director James S. Bunch acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average price of $27.01 per share, with a total value of $135,050.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 22.60% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN raised its stake in Guaranty Bancshares by 53.9% during the 3rd quarter. Wells Fargo & Company MN now owns 12,555 shares of the company’s stock valued at $379,000 after acquiring an additional 4,399 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Guaranty Bancshares by 13.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 36,454 shares of the company’s stock valued at $1,102,000 after acquiring an additional 4,443 shares in the last quarter. BlackRock Inc. raised its stake in Guaranty Bancshares by 1.4% during the 3rd quarter. BlackRock Inc. now owns 376,829 shares of the company’s stock valued at $11,391,000 after acquiring an additional 5,026 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in Guaranty Bancshares during the 3rd quarter valued at $573,000. Finally, Renaissance Technologies LLC raised its stake in Guaranty Bancshares by 42.3% during the 3rd quarter. Renaissance Technologies LLC now owns 65,300 shares of the company’s stock valued at $1,974,000 after acquiring an additional 19,400 shares in the last quarter. 21.33% of the stock is currently owned by institutional investors and hedge funds.
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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