Shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) have received a consensus broker rating score of 2.00 (Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.

Analysts have set a one year consensus price target of $23.00 for the company and are forecasting that the company will post $0.38 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Guaranty Federal Bancshares an industry rank of 105 out of 265 based on the ratings given to related companies.

A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Guaranty Federal Bancshares from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Thursday, October 19th. ValuEngine downgraded Guaranty Federal Bancshares from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd.

Shares of Guaranty Federal Bancshares (NASDAQ:GFED) traded up $0.15 during midday trading on Friday, hitting $22.05. The stock had a trading volume of 138 shares, compared to its average volume of 294. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.07 and a current ratio of 1.08. The firm has a market capitalization of $97.50, a P/E ratio of 15.64 and a beta of 0.52. Guaranty Federal Bancshares has a fifty-two week low of $15.89 and a fifty-two week high of $23.71.

Guaranty Federal Bancshares (NASDAQ:GFED) last issued its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The business had revenue of $7.62 million during the quarter, compared to the consensus estimate of $7.36 million. Guaranty Federal Bancshares had a return on equity of 8.65% and a net margin of 18.63%. equities research analysts forecast that Guaranty Federal Bancshares will post 1.45 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ZPR Investment Management increased its holdings in shares of Guaranty Federal Bancshares by 1.2% in the second quarter. ZPR Investment Management now owns 15,678 shares of the financial services provider’s stock valued at $332,000 after buying an additional 188 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Guaranty Federal Bancshares by 1.2% in the first quarter. Renaissance Technologies LLC now owns 25,400 shares of the financial services provider’s stock valued at $484,000 after buying an additional 300 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Guaranty Federal Bancshares by 0.5% in 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 buying an additional 702 shares in the last quarter. Hedge funds and other institutional investors own 25.81% of the company’s stock.

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About Guaranty Federal Bancshares

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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