Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) announced its earnings results on Wednesday. The financial services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01, Bloomberg Earnings reports. Guaranty Federal Bancshares had a return on equity of 8.13% and a net margin of 18.57%.
Guaranty Federal Bancshares (GFED) opened at 21.7837 on Thursday. The firm has a market cap of $96.31 million, a PE ratio of 16.7567 and a beta of 0.59. Guaranty Federal Bancshares has a 12-month low of $15.89 and a 12-month high of $21.95. The firm has a 50-day moving average price of $20.47 and a 200 day moving average price of $20.16.
The company also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Shareholders of record on Monday, July 3rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $0.40 annualized dividend and a yield of 1.84%. Guaranty Federal Bancshares’s dividend payout ratio (DPR) is 31.01%.
Several equities analysts have commented on the company. ValuEngine raised Guaranty Federal Bancshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research cut Guaranty Federal Bancshares from a “buy” rating to a “hold” rating in a report on Tuesday, June 6th.
In related news, major shareholder Castle Creek Capital Partners purchased 100,000 shares of Guaranty Federal Bancshares stock in a transaction dated Monday, June 26th. The shares were acquired at an average cost of $20.75 per share, for a total transaction of $2,075,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 12.50% of the stock is owned by company insiders.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.
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