Shares of Guaranty Bancshares (NASDAQ:GNTY) have been given a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.
Analysts have set a 12-month consensus target price of $34.50 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 98 out of 265 based on the ratings given to related companies.
GNTY has been the subject of a number of recent research reports. ValuEngine upgraded shares of Guaranty Bancshares from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Guaranty Bancshares from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Wednesday, March 28th. BidaskClub upgraded shares of Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Finally, Sandler O’Neill reiterated a “hold” rating and issued a $33.00 price objective on shares of Guaranty Bancshares in a report on Monday, January 29th.
A number of hedge funds have recently added to or reduced their stakes in GNTY. BlackRock Inc. boosted its holdings in Guaranty Bancshares by 239.6% during the first quarter. BlackRock Inc. now owns 329,913 shares of the company’s stock valued at $10,989,000 after acquiring an additional 232,756 shares during the period. RMB Capital Management LLC boosted its holdings in Guaranty Bancshares by 50.0% during the first quarter. RMB Capital Management LLC now owns 142,075 shares of the company’s stock valued at $4,733,000 after acquiring an additional 47,365 shares during the period. Northern Trust Corp boosted its holdings in Guaranty Bancshares by 182.0% during the first quarter. Northern Trust Corp now owns 67,968 shares of the company’s stock valued at $2,264,000 after acquiring an additional 43,866 shares during the period. Bank of New York Mellon Corp bought a new stake in Guaranty Bancshares during the fourth quarter valued at about $456,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in Guaranty Bancshares during the first quarter valued at about $454,000. Institutional investors own 22.63% of the company’s stock.
Shares of NASDAQ:GNTY opened at $32.93 on Friday. The firm has a market capitalization of $362.29 million, a P/E ratio of 21.11 and a beta of -0.01. Guaranty Bancshares has a 1 year low of $28.00 and a 1 year high of $37.36. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.87 and a quick ratio of 0.87.
Guaranty Bancshares (NASDAQ:GNTY) last issued its quarterly earnings data on Tuesday, April 24th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.07). The business had revenue of $19.04 million during the quarter. Guaranty Bancshares had a return on equity of 8.22% and a net margin of 17.30%. equities analysts anticipate that Guaranty Bancshares will post 2.04 EPS for the current year.
About Guaranty Bancshares
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, commercial real estate, farmland, consumer, one-to-four family residential, multi-family residential, and agricultural loans.
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