Guaranty Bancshares (GNTY) to Release Earnings on Monday

Guaranty Bancshares (NASDAQ:GNTY) is scheduled to issue its quarterly earnings data before the market opens on Monday, October 21st. Analysts expect the company to announce earnings of $0.62 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Guaranty Bancshares Stock Performance

Shares of NASDAQ GNTY opened at $35.18 on Friday. The firm’s 50-day moving average price is $33.66 and its 200-day moving average price is $31.41. Guaranty Bancshares has a 52-week low of $26.87 and a 52-week high of $37.28. The company has a market cap of $405.17 million, a PE ratio of 14.42 and a beta of 0.57. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.29.

Guaranty Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Monday, September 30th. Guaranty Bancshares’s dividend payout ratio (DPR) is presently 39.34%.

Insider Activity

In related news, EVP William Travis Brown sold 750 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $33.75, for a total value of $25,312.50. Following the completion of the sale, the executive vice president now directly owns 1,211 shares of the company’s stock, valued at approximately $40,871.25. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP William Travis Brown sold 750 shares of Guaranty Bancshares stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.75, for a total transaction of $25,312.50. Following the transaction, the executive vice president now owns 1,211 shares in the company, valued at approximately $40,871.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James S. Bunch sold 5,643 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $32.28, for a total value of $182,156.04. Following the completion of the sale, the director now owns 160,357 shares of the company’s stock, valued at $5,176,323.96. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,762 shares of company stock valued at $356,034 in the last ninety days. Corporate insiders own 26.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on GNTY shares. Keefe, Bruyette & Woods increased their target price on Guaranty Bancshares from $34.00 to $35.00 and gave the company a “market perform” rating in a report on Tuesday, July 16th. Stephens lifted their price target on shares of Guaranty Bancshares from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th.

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. 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.