Guaranty Bancshares Inc. (GNTY) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Guaranty Bancshares Inc. (NASDAQ:GNTY) posted its quarterly earnings data on Monday. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01), MarketWatch Earnings reports.
Guaranty Bancshares (GNTY) traded down 1.38% on Monday, reaching $29.35. 140 shares of the company’s stock were exchanged. Guaranty Bancshares has a 1-year low of $28.27 and a 1-year high of $36.38. The stock’s 50 day moving average price is $30.48 and its 200 day moving average price is $31.11. The firm has a market capitalization of $323.08 million, a price-to-earnings ratio of 18.65 and a beta of 0.03.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Shareholders of record on Friday, September 29th were paid a $0.13 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.52 dividend on an annualized basis and a yield of 1.75%.
Institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System bought a new position in shares of Guaranty Bancshares in the 2nd quarter worth about $115,000. State Street Corp bought a new position in shares of Guaranty Bancshares in the 2nd quarter worth about $492,000. Northern Trust Corp bought a new position in shares of Guaranty Bancshares in the 2nd quarter worth about $735,000. Finally, Vanguard Group Inc. bought a new position in shares of Guaranty Bancshares in the 2nd quarter worth about $1,624,000. Institutional investors own 19.39% of the company’s stock.
Separately, Stephens restated a “hold” rating and issued a $34.00 price objective on shares of Guaranty Bancshares in a research note on Tuesday, July 25th.
About Guaranty Bancshares
Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.
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