Guaranty Federal Bancshares Inc. (GFED) to Release Quarterly Earnings on Thursday
Guaranty Federal Bancshares Inc. (NASDAQ:GFED) is scheduled to post its quarterly earnings results on Thursday, October 13th. Analysts expect Guaranty Federal Bancshares to post earnings of $0.33 per share for the quarter.
Guaranty Federal Bancshares (NASDAQ:GFED) last released its quarterly earnings data on Monday, July 18th. The financial services provider reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by $0.05. Guaranty Federal Bancshares had a return on equity of 7.97% and a net margin of 18.34%. On average, analysts expect Guaranty Federal Bancshares to post $1.27 EPS for the current fiscal year and $1.45 EPS for the next fiscal year.
Guaranty Federal Bancshares Inc. (NASDAQ:GFED) opened at 16.85 on Wednesday. Guaranty Federal Bancshares Inc. has a 1-year low of $14.23 and a 1-year high of $18.70. The stock has a 50 day moving average price of $16.37 and a 200-day moving average price of $16.10. The company has a market cap of $74.68 million, a price-to-earnings ratio of 13.81 and a beta of 1.20.
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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 20th. Stockholders of record on Monday, October 10th will be given a $0.08 dividend. The ex-dividend date is Wednesday, October 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.90%. Guaranty Federal Bancshares’s payout ratio is 26.23%.
Separately, Zacks Investment Research raised Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday, June 21st.
In other Guaranty Federal Bancshares news, Director John F. Griesemer acquired 7,900 shares of the stock in a transaction dated Thursday, September 29th. The stock was purchased at an average price of $16.17 per share, with a total value of $127,743.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 12.50% of the stock is owned by insiders.
A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. Maltese Capital Management LLC boosted its position in Guaranty Federal Bancshares Inc. (NASDAQ:GFED) by 30.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,600 shares of the financial services provider’s stock after buying an additional 25,200 shares during the period. Maltese Capital Management LLC owned 2.46% of Guaranty Federal Bancshares worth $1,718,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 35.35% of the company’s stock.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Bank (the Bank). The Bank’s principal business is attracting retail deposits from the public and investing the deposits, together with funds generated from operations, in commercial real estate loans, multi-family residential mortgage loans, construction loans, permanent one to four-family residential mortgage loans, business loans, consumer loans and other loans.
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