Zacks: Guaranty Bancshares, Inc. (GNTY) Given $33.50 Consensus Target Price by Analysts
Guaranty Bancshares, Inc. (NASDAQ:GNTY) has been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Brokers have set a one year consensus target price of $33.50 for the company, according to Zacks. Zacks has also assigned Guaranty Bancshares an industry rank of 245 out of 265 based on the ratings given to related companies.
A number of research firms have weighed in on GNTY. Zacks Investment Research lowered Guaranty Bancshares from a “hold” rating to a “sell” rating in a report on Thursday, November 16th. BidaskClub raised Guaranty Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, Sandler O’Neill reaffirmed a “hold” rating and set a $33.00 price target on shares of Guaranty Bancshares in a research report on Monday, January 29th.
Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings data on Friday, January 26th. The company reported $0.42 EPS for the quarter. Guaranty Bancshares had a return on equity of 9.24% and a net margin of 16.78%. The business had revenue of $19.27 million for the quarter. research analysts expect that Guaranty Bancshares will post 1.92 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of the stock. Thomson Horstmann & Bryant Inc. lifted its stake in Guaranty Bancshares by 16.4% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 182,100 shares of the company’s stock worth $5,581,000 after purchasing an additional 25,619 shares in the last quarter. Banc Funds Co. LLC increased its holdings in shares of Guaranty Bancshares by 8.1% during the 4th quarter. Banc Funds Co. LLC now owns 135,100 shares of the company’s stock worth $4,141,000 after buying an additional 10,100 shares during the last quarter. Castine Capital Management LLC increased its holdings in shares of Guaranty Bancshares by 4.7% during the 3rd quarter. Castine Capital Management LLC now owns 98,385 shares of the company’s stock worth $3,147,000 after buying an additional 4,399 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Guaranty Bancshares by 7.2% during the 4th quarter. BlackRock Inc. now owns 97,157 shares of the company’s stock worth $2,979,000 after buying an additional 6,498 shares during the last quarter. Finally, Asset Dedication LLC acquired a new stake in shares of Guaranty Bancshares during the 4th quarter worth approximately $1,802,000. 21.63% of the stock is currently owned by hedge funds and other institutional investors.
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Guaranty Bancshares Company Profile
Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.
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