Guaranty Bancshares (GNTY) Scheduled to Post Earnings on Monday

Guaranty Bancshares (NASDAQ:GNTY) will issue its quarterly earnings data before the market opens on Monday, October 21st. Analysts expect the company to announce 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 earnings results on Monday, July 15th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.10. The business had revenue of $28.48 million during the quarter, compared to the consensus estimate 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 Trading Up 2.6 %

Shares of GNTY stock opened at $33.72 on Monday. The company has a market cap of $388.35 million, a P/E ratio of 13.82 and a beta of 0.57. The stock has a 50 day simple moving average of $33.25 and a two-hundred day simple moving average of $31.27. 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were issued a $0.24 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a yield of 2.85%. Guaranty Bancshares’s payout ratio is currently 39.34%.

Insider Activity

In other news, Director James S. Bunch sold 5,643 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $32.28, for a total transaction of $182,156.04. Following the completion of the sale, the director now owns 160,357 shares in the company, valued at $5,176,323.96. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO Tyson T. Abston sold 5,610 shares of Guaranty Bancshares stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $34.38, for a total transaction of $192,871.80. Following the transaction, the chief executive officer now owns 73,000 shares of the company’s stock, valued at $2,509,740. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director James S. Bunch sold 5,643 shares of Guaranty Bancshares stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $32.28, for a total value of $182,156.04. Following the transaction, the director now directly owns 160,357 shares in the company, valued at approximately $5,176,323.96. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,897 shares of company stock worth $567,018 over the last quarter. 26.39% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

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.