Guaranty Bancshares (NASDAQ:GNTY – Get Free Report) released its quarterly earnings data on Monday. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.03, Yahoo Finance reports. Guaranty Bancshares had a net margin of 14.48% and a return on equity of 8.66%. The company had revenue of $45.59 million for the quarter, compared to analysts’ expectations of $29.40 million. During the same quarter in the prior year, the firm earned $0.54 EPS.
Guaranty Bancshares Stock Performance
Shares of GNTY opened at $33.68 on Wednesday. The firm has a market capitalization of $387.89 million, a P/E ratio of 13.80 and a beta of 0.57. Guaranty Bancshares has a 52 week low of $26.87 and a 52 week high of $37.28. The stock has a 50 day moving average price of $33.76 and a two-hundred day moving average price of $31.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.85 and a current ratio of 0.85.
Guaranty Bancshares Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a yield of 2.85%. Guaranty Bancshares’s dividend payout ratio (DPR) is currently 39.34%.
Insider Activity
Analysts Set New Price Targets
GNTY has been the topic of several recent research reports. Keefe, Bruyette & Woods increased their price target on Guaranty Bancshares from $34.00 to $35.00 and gave the stock a “market perform” rating in a report on Tuesday, July 16th. Stephens increased their target price on Guaranty Bancshares from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday.
View Our Latest Report on GNTY
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. 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, agricultural, multi-family residential, and consumer loans.
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