GNTY has been the subject of several other research reports. Zacks Investment Research upgraded Guaranty Bancshares from a sell rating to a hold rating in a research note on Wednesday, April 10th. Stephens restated a buy rating and issued a $34.00 price target on shares of Guaranty Bancshares in a research note on Tuesday, April 23rd.
Shares of Guaranty Bancshares stock traded up $0.57 on Wednesday, hitting $28.80. The company’s stock had a trading volume of 4,271 shares, compared to its average volume of 20,690. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.52. Guaranty Bancshares has a 1 year low of $24.27 and a 1 year high of $36.30. The firm has a market cap of $337.57 million, a PE ratio of 15.57 and a beta of 0.01.
Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.05). Guaranty Bancshares had a net margin of 19.63% and a return on equity of 9.30%. The business had revenue of $22.57 million during the quarter. On average, sell-side analysts expect that Guaranty Bancshares will post 2.22 EPS for the current year.
In other news, Director James S. Bunch acquired 5,000 shares of the business’s stock in a transaction on Friday, April 26th. The stock was bought at an average cost of $27.01 per share, for a total transaction of $135,050.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 22.60% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA increased its stake in Guaranty Bancshares by 516.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,591 shares of the company’s stock worth $46,000 after buying an additional 1,333 shares in the last quarter. Ramsey Quantitative Systems increased its stake in Guaranty Bancshares by 180.5% during the 4th quarter. Ramsey Quantitative Systems now owns 2,264 shares of the company’s stock worth $68,000 after buying an additional 1,457 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in Guaranty Bancshares by 365.2% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 2,796 shares of the company’s stock worth $83,000 after buying an additional 2,195 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in Guaranty Bancshares during the 1st quarter worth approximately $175,000. Finally, MetLife Investment Advisors LLC increased its stake in Guaranty Bancshares by 53.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 6,119 shares of the company’s stock worth $185,000 after buying an additional 2,143 shares in the last quarter. Institutional investors own 21.33% of the company’s stock.
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, 1-4 family residential, commercial real estate, farmland and agricultural, multi-family residential, and consumer loans.
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