Guaranty Bancshares (GNTY) Set to Announce Quarterly Earnings on Monday

Guaranty Bancshares (NASDAQ:GNTYGet Rating) will announce its earnings results before the market opens on Monday, April 18th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Guaranty Bancshares (NASDAQ:GNTYGet Rating) last issued its quarterly earnings results on Tuesday, January 18th. The company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The firm had revenue of $30.06 million for the quarter, compared to analysts’ expectations of $30.70 million. Guaranty Bancshares had a return on equity of 13.37% and a net margin of 31.31%. During the same period in the previous year, the firm posted $0.79 EPS. On average, analysts expect Guaranty Bancshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of GNTY opened at $34.55 on Friday. The company has a market capitalization of $417.71 million, a P/E ratio of 10.47 and a beta of 0.49. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average of $35.51 and a 200 day moving average of $36.69. Guaranty Bancshares has a twelve month low of $31.65 and a twelve month high of $44.60.

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 13th. Investors of record on Monday, March 28th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, March 25th. This represents a $0.88 annualized dividend and a dividend yield of 2.55%. This is an increase from Guaranty Bancshares’s previous quarterly dividend of $0.20. Guaranty Bancshares’s dividend payout ratio (DPR) is 26.67%.

Several equities research analysts recently commented on the company. Zacks Investment Research cut Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th. Raymond James increased their price objective on shares of Guaranty Bancshares from $42.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, January 19th. Finally, Stephens increased their price objective on shares of Guaranty Bancshares from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, January 19th.

In other Guaranty Bancshares news, Director James S. Bunch bought 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 24th. The stock was bought at an average cost of $33.89 per share, for a total transaction of $67,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 27.35% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC raised its stake in Guaranty Bancshares by 49.2% during the 4th quarter. Barclays PLC now owns 19,475 shares of the company’s stock worth $733,000 after acquiring an additional 6,426 shares during the period. Parametric Portfolio Associates LLC purchased a new stake in Guaranty Bancshares in the 4th quarter worth $214,000. Geode Capital Management LLC lifted its holdings in shares of Guaranty Bancshares by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 152,107 shares of the company’s stock worth $5,716,000 after buying an additional 3,310 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Guaranty Bancshares by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 22,175 shares of the company’s stock valued at $834,000 after acquiring an additional 878 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Guaranty Bancshares by 86.4% in the 4th quarter. JPMorgan Chase & Co. now owns 12,969 shares of the company’s stock worth $487,000 after purchasing an additional 6,011 shares in the last quarter. Institutional investors own 21.73% of the company’s stock.

Guaranty Bancshares Company Profile (Get Rating)

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. The company offers checking and savings, money market, and business accounts, as well as certificates of deposit; and 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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Earnings History for Guaranty Bancshares (NASDAQ:GNTY)

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