Guaranty Bancshares (GNTY) Projected to Post Quarterly Earnings on Tuesday

Guaranty Bancshares (NASDAQ:GNTY) is anticipated to post its quarterly earnings results before the market opens on Tuesday, January 21st. Analysts expect Guaranty Bancshares to post earnings of $0.61 per share and revenue of $29,491.00 billion for the quarter. Parties interested in registering for the company’s earnings conference call can do so using this link.

Guaranty Bancshares (NASDAQ:GNTY) last released its quarterly earnings results on Monday, October 21st. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.62 by $0.03. Guaranty Bancshares had a return on equity of 8.86% and a net margin of 15.01%. The company had revenue of $45.59 million during the quarter, compared to analyst estimates of $29.40 million. During the same quarter last year, the business posted $0.54 earnings per share. On average, analysts expect Guaranty Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Guaranty Bancshares Trading Up 1.6 %

Shares of GNTY stock opened at $35.29 on Friday. The company has a market cap of $402.98 million, a PE ratio of 14.76 and a beta of 0.61. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.83 and a quick ratio of 0.83. The stock’s 50 day simple moving average is $35.69 and its two-hundred day simple moving average is $34.10. Guaranty Bancshares has a 1 year low of $27.01 and a 1 year high of $38.93.

Guaranty Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 30th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Monday, December 30th. Guaranty Bancshares’s dividend payout ratio is presently 40.17%.

Insider Activity

In other Guaranty Bancshares news, CEO Tyson T. Abston sold 7,000 shares of Guaranty Bancshares stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $34.02, for a total value of $238,140.00. Following the completion of the transaction, the chief executive officer now owns 101,000 shares of the company’s stock, valued at approximately $3,436,020. The trade was a 6.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 26.39% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Stephens raised their price objective on Guaranty Bancshares from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods lifted their price objective on shares of Guaranty Bancshares from $35.00 to $40.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th.

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.