Guaranty Bancshares (GNTY) Scheduled to Post Earnings on Monday

Guaranty Bancshares (NASDAQ:GNTY) is scheduled to be posting its quarterly earnings results before the market opens on Monday, October 21st. Analysts expect Guaranty Bancshares to post earnings of $0.62 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Guaranty Bancshares (NASDAQ:GNTY) last issued its quarterly earnings data on Monday, July 15th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.10. The firm had revenue of $28.48 million for the quarter, compared to analyst estimates of $28.50 million. Guaranty Bancshares had a return on equity of 8.66% and a net margin of 14.48%. 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 Stock Performance

NASDAQ:GNTY opened at $33.72 on Monday. The stock has a fifty day moving average price of $33.25 and a 200-day moving average price of $31.27. The company has a market cap of $388.35 million, a price-to-earnings ratio of 13.82 and a beta of 0.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.85 and a current ratio of 0.85. Guaranty Bancshares has a fifty-two week low of $26.29 and a fifty-two week high of $37.28.

Guaranty Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were given a dividend of $0.24 per share. The ex-dividend date was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.85%. Guaranty Bancshares’s payout ratio is 39.34%.

Analysts Set New Price Targets

GNTY has been the subject of a number of recent analyst reports. Stephens upped their target price on Guaranty Bancshares from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Keefe, Bruyette & Woods upped their target price on Guaranty Bancshares from $34.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday, July 16th.

Insider Buying and Selling

In related news, EVP William Travis Brown sold 750 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $33.75, for a total transaction of $25,312.50. Following the completion of the sale, the executive vice president now directly owns 1,211 shares in the company, valued at $40,871.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Guaranty Bancshares news, CEO Tyson T. Abston sold 2,500 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $34.00, for a total value of $85,000.00. Following the completion of the transaction, the chief executive officer now directly owns 69,953 shares in the company, valued at approximately $2,378,402. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP William Travis Brown sold 750 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $33.75, for a total value of $25,312.50. Following the completion of the transaction, the executive vice president now owns 1,211 shares of the company’s stock, valued at $40,871.25. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,897 shares of company stock worth $567,018 in the last ninety days. 26.39% of the stock is owned by insiders.

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.