Shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) have received a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.

Analysts have set a 12-month consensus price target of $33.00 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 23 out of 265 based on the ratings given to related companies.

Several equities research analysts have recently commented on the company. BidaskClub upgraded Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Investment Research upgraded Guaranty Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th.

Shares of Guaranty Bancshares (NASDAQ:GNTY) opened at $31.28 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.85 and a quick ratio of 0.85. Guaranty Bancshares has a 1-year low of $28.00 and a 1-year high of $36.38.

Guaranty Bancshares (NASDAQ:GNTY) last issued its earnings results on Monday, October 23rd. The company reported $0.37 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.01). The business had revenue of $18.80 million during the quarter. Guaranty Bancshares had a return on equity of 9.60% and a net margin of 18.17%. research analysts predict that Guaranty Bancshares will post 1.55 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Tuesday, December 26th will be issued a dividend of $0.14 per share. This is an increase from Guaranty Bancshares’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, December 22nd. This represents a $0.56 annualized dividend and a dividend yield of 1.79%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GNTY. Thomson Horstmann & Bryant Inc. boosted its position in shares of Guaranty Bancshares by 60.6% during the third quarter. Thomson Horstmann & Bryant Inc. now owns 156,481 shares of the company’s stock valued at $5,005,000 after buying an additional 59,075 shares during the last quarter. Kennedy Capital Management Inc. purchased a new position in shares of Guaranty Bancshares during the second quarter valued at approximately $4,768,000. Banc Funds Co. LLC purchased a new position in shares of Guaranty Bancshares during the second quarter valued at approximately $3,994,000. Castine Capital Management LLC boosted its position in shares of Guaranty Bancshares by 4.7% during the third quarter. Castine Capital Management LLC now owns 98,385 shares of the company’s stock valued at $3,147,000 after buying an additional 4,399 shares during the last quarter. Finally, UBS Asset Management Americas Inc. purchased a new position in shares of Guaranty Bancshares during the second quarter valued at approximately $2,359,000. Hedge funds and other institutional investors own 20.04% of the company’s stock.

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About Guaranty Bancshares

Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.

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