ValuEngine Lowers Guaranty Federal Bancshares, Inc. (GFED) to Buy
ValuEngine cut shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) from a strong-buy rating to a buy rating in a research note released on Monday morning.
Shares of Guaranty Federal Bancshares (NASDAQ GFED) remained flat at $21.27 during midday trading on Monday. The company had a trading volume of 649 shares. The firm’s 50 day moving average is $21.97 and its 200 day moving average is $20.75. Guaranty Federal Bancshares has a 52-week low of $15.89 and a 52-week high of $23.71. The stock has a market capitalization of $94.03 million, a P/E ratio of 15.41 and a beta of 0.59.
Guaranty Federal Bancshares (NASDAQ:GFED) last posted its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. Guaranty Federal Bancshares had a net margin of 18.91% and a return on equity of 8.51%. The business had revenue of $7.26 million for the quarter, compared to analyst estimates of $6.90 million. On average, equities analysts anticipate that Guaranty Federal Bancshares will post $1.44 earnings per share for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Tuesday, October 3rd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, October 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.88%. Guaranty Federal Bancshares’s dividend payout ratio is presently 29.20%.
In related news, major shareholder Castle Creek Capital Partners acquired 24,782 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average price of $20.88 per share, for a total transaction of $517,448.16. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 12.50% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of GFED. Dimensional Fund Advisors LP increased its stake in shares of Guaranty Federal Bancshares by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 133,413 shares of the financial services provider’s stock valued at $2,602,000 after acquiring an additional 702 shares during the period. Renaissance Technologies LLC increased its stake in shares of Guaranty Federal Bancshares by 1.2% during the first quarter. Renaissance Technologies LLC now owns 25,400 shares of the financial services provider’s stock valued at $484,000 after acquiring an additional 300 shares during the period. Finally, ZPR Investment Management increased its stake in shares of Guaranty Federal Bancshares by 1.2% during the second quarter. ZPR Investment Management now owns 15,678 shares of the financial services provider’s stock valued at $332,000 after acquiring an additional 188 shares during the period. Institutional investors and hedge funds own 25.77% of the company’s stock.
Guaranty Federal Bancshares Company Profile
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.
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