Guaranty Bancshares (GNTY) Scheduled to Post Quarterly Earnings on Monday

Guaranty Bancshares (NASDAQ:GNTY) will be releasing its earnings data before the market opens on Monday, April 15th. Analysts expect Guaranty Bancshares to post earnings of $0.51 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings results on Tuesday, January 16th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. The firm had revenue of $28.61 million for the quarter, compared to analysts’ expectations of $27.65 million. Guaranty Bancshares had a return on equity of 9.87% and a net margin of 16.79%. During the same period in the prior year, the business posted $1.05 earnings per share. On average, analysts expect Guaranty Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Guaranty Bancshares Stock Down 1.0 %

GNTY stock opened at $28.80 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $29.77 and its 200 day moving average is $30.31. The stock has a market cap of $332.06 million, a price-to-earnings ratio of 11.29 and a beta of 0.53. Guaranty Bancshares has a 1-year low of $22.12 and a 1-year high of $35.00.

Guaranty Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Monday, March 25th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.33%. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, March 22nd. Guaranty Bancshares’s dividend payout ratio is 37.65%.

Analyst Ratings Changes

Separately, Stephens restated an “overweight” rating and issued a $36.00 price objective on shares of Guaranty Bancshares in a research report on Wednesday, January 17th.

Insider Buying and Selling

In other Guaranty Bancshares news, Director James S. Bunch purchased 1,000 shares of Guaranty Bancshares stock in a transaction on Tuesday, February 13th. The shares were acquired at an average cost of $29.40 per share, for a total transaction of $29,400.00. Following the completion of the transaction, the director now directly owns 166,000 shares of the company’s stock, valued at $4,880,400. The purchase was disclosed in a filing with the SEC, which is available at this link. 24.98% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC grew its position in Guaranty Bancshares by 313.6% during the fourth quarter. Lazard Asset Management LLC now owns 790 shares of the company’s stock valued at $27,000 after acquiring an additional 599 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Guaranty Bancshares by 777.1% during the first quarter. Citigroup Inc. now owns 1,456 shares of the company’s stock valued at $41,000 after purchasing an additional 1,290 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Guaranty Bancshares by 42.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,601 shares of the company’s stock valued at $55,000 after purchasing an additional 476 shares during the period. UBS Group AG purchased a new stake in shares of Guaranty Bancshares during the fourth quarter valued at approximately $78,000. Finally, Deutsche Bank AG boosted its stake in shares of Guaranty Bancshares by 108.2% during the third quarter. Deutsche Bank AG now owns 3,165 shares of the company’s stock valued at $91,000 after purchasing an additional 1,645 shares during the period. 39.39% of the stock is currently owned by institutional investors.

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.