Guaranty Bancshares, Inc. (GNTY) Receives Consensus Recommendation of “Hold” from Analysts

Guaranty Bancshares, Inc. (NASDAQ:GNTY) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Brokerages have set a twelve-month consensus price objective of $36.00 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 91 out of 255 based on the ratings given to related companies.

GNTY has been the topic of a number of research reports. Zacks Investment Research lowered shares of Guaranty Bancshares from a “buy” rating to a “strong sell” rating in a report on Tuesday, February 27th. BidaskClub lowered shares of Guaranty Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, May 1st. Finally, ValuEngine raised shares of Guaranty Bancshares from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.

GNTY traded up $0.02 during trading on Friday, reaching $32.18. 6,200 shares of the company’s stock were exchanged, compared to its average volume of 24,475. Guaranty Bancshares has a one year low of $28.00 and a one 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. The firm has a market capitalization of $357.76 million, a price-to-earnings ratio of 20.63 and a beta of -0.01.

Guaranty Bancshares (NASDAQ:GNTY) last posted its earnings results on Tuesday, April 24th. The company reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.07). Guaranty Bancshares had a return on equity of 8.22% and a net margin of 17.30%. The business had revenue of $19.04 million for the quarter. equities research analysts predict that Guaranty Bancshares will post 2.03 EPS for the current year.

Several large investors have recently bought and sold shares of the company. First Trust Advisors LP bought a new position in Guaranty Bancshares during the fourth quarter worth $409,000. Wells Fargo & Company MN boosted its stake in Guaranty Bancshares by 4,856.9% during the fourth quarter. Wells Fargo & Company MN now owns 7,138 shares of the company’s stock worth $219,000 after acquiring an additional 6,994 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Guaranty Bancshares during the fourth quarter worth $456,000. BlackRock Inc. boosted its stake in Guaranty Bancshares by 7.2% during the fourth quarter. BlackRock Inc. now owns 97,157 shares of the company’s stock worth $2,979,000 after acquiring an additional 6,498 shares in the last quarter. Finally, Banc Funds Co. LLC boosted its stake in Guaranty Bancshares by 8.1% during the fourth quarter. Banc Funds Co. LLC now owns 135,100 shares of the company’s stock worth $4,141,000 after acquiring an additional 10,100 shares in the last quarter. 22.64% of the stock is currently owned by institutional investors.

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, commercial real estate, farmland, consumer, one-to-four family residential, multi-family residential, and agricultural loans.

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