GBank Financial Holdings Inc. (NASDAQ:GBFH) Receives Consensus Rating of “Moderate Buy” from Analysts

GBank Financial Holdings Inc. (NASDAQ:GBFH) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $42.3333.

GBFH has been the topic of several analyst reports. Zacks Research cut GBank Financial from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Brean Capital initiated coverage on GBank Financial in a report on Thursday, March 12th. They issued a “buy” rating on the stock. Wall Street Zen cut GBank Financial from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Raymond James Financial initiated coverage on GBank Financial in a report on Friday. They issued an “outperform” rating and a $35.00 target price on the stock. Finally, JonesTrading reiterated a “buy” rating and issued a $50.00 target price on shares of GBank Financial in a report on Thursday, April 30th.

Institutional Trading of GBank Financial

Institutional investors have recently added to or reduced their stakes in the stock. JCSD Capital LLC boosted its holdings in GBank Financial by 54.2% in the fourth quarter. JCSD Capital LLC now owns 62,939 shares of the company’s stock valued at $2,133,000 after acquiring an additional 22,131 shares during the last quarter. Quantbot Technologies LP acquired a new position in GBank Financial in the second quarter valued at approximately $69,000. BNP Paribas Financial Markets acquired a new position in GBank Financial in the second quarter valued at approximately $28,000. Dimensional Fund Advisors LP lifted its stake in GBank Financial by 93.7% in the first quarter. Dimensional Fund Advisors LP now owns 11,696 shares of the company’s stock valued at $313,000 after buying an additional 5,657 shares during the period. Finally, Emerald Advisers LLC lifted its stake in GBank Financial by 223.2% in the first quarter. Emerald Advisers LLC now owns 29,227 shares of the company’s stock valued at $782,000 after buying an additional 20,185 shares during the period.

GBank Financial Stock Performance

NASDAQ:GBFH opened at $29.63 on Wednesday. The stock has a market cap of $428.75 million, a P/E ratio of 24.09 and a beta of -0.12. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average is $28.23 and its 200-day moving average is $31.24. GBank Financial has a 1-year low of $23.87 and a 1-year high of $44.00.

GBank Financial (NASDAQ:GBFH) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.19). GBank Financial had a return on equity of 14.46% and a net margin of 15.62%.The firm had revenue of $19.65 million for the quarter, compared to the consensus estimate of $22.10 million. Equities research analysts anticipate that GBank Financial will post 2.03 earnings per share for the current year.

GBank Financial Company Profile

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.