Shares of Guaranty Bancorp (NASDAQ:GBNK) have earned a consensus rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $29.90.

Several equities research analysts have recently weighed in on GBNK shares. Zacks Investment Research raised shares of Guaranty Bancorp from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, December 29th. BidaskClub raised shares of Guaranty Bancorp from a “sell” rating to a “hold” rating in a report on Sunday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $29.00 target price on shares of Guaranty Bancorp in a report on Thursday, October 19th. Finally, ValuEngine lowered shares of Guaranty Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th.

In other Guaranty Bancorp news, EVP Keith Dickelman sold 5,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $29.02, for a total transaction of $145,100.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 8.40% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC bought a new stake in Guaranty Bancorp during the 3rd quarter worth about $221,000. Teacher Retirement System of Texas bought a new stake in Guaranty Bancorp during the 4th quarter worth about $228,000. Institutional & Family Asset Management LLC bought a new stake in Guaranty Bancorp during the 3rd quarter worth about $285,000. Voya Investment Management LLC bought a new stake in Guaranty Bancorp during the 2nd quarter worth about $279,000. Finally, Engineers Gate Manager LP bought a new stake in Guaranty Bancorp during the 3rd quarter worth about $348,000. 70.35% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Guaranty Bancorp (NASDAQ GBNK) opened at $27.90 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.50. Guaranty Bancorp has a fifty-two week low of $22.90 and a fifty-two week high of $30.42. The firm has a market cap of $812.38, a PE ratio of 20.36, a PEG ratio of 1.48 and a beta of 0.89.

Guaranty Bancorp (NASDAQ:GBNK) last posted its earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.02. Guaranty Bancorp had a net margin of 24.18% and a return on equity of 11.75%. The business had revenue of $38.36 million for the quarter, compared to analyst estimates of $37.42 million. research analysts expect that Guaranty Bancorp will post 1.88 earnings per share for the current year.

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Guaranty Bancorp Company Profile

Guaranty Bancorp is a bank holding company. The Company’s bank subsidiary is Guaranty Bank and Trust Company (the Bank). As of December 31, 2016, the Company operated 32 branches and two investment management firms, Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.

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