Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) declared a quarterly dividend on Monday, June 29th, Wall Street Journal reports. Investors of record on Tuesday, July 7th will be paid a dividend of 0.15 per share by the financial services provider on Friday, July 17th. This represents a $0.60 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Monday, July 6th.
Guaranty Federal Bancshares has increased its dividend by an average of 36.8% per year over the last three years and has raised its dividend annually for the last 5 consecutive years. Guaranty Federal Bancshares has a payout ratio of 70.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Guaranty Federal Bancshares to earn $0.32 per share next year, which means the company may not be able to cover its $0.60 annual dividend with an expected future payout ratio of 187.5%.
Shares of Guaranty Federal Bancshares stock traded down $0.60 during trading hours on Monday, reaching $15.25. The stock had a trading volume of 408 shares, compared to its average volume of 3,271. Guaranty Federal Bancshares has a 1 year low of $12.70 and a 1 year high of $26.93. The firm has a 50 day simple moving average of $14.91 and a two-hundred day simple moving average of $19.59. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $69.20 million, a price-to-earnings ratio of 7.16 and a beta of 0.58.
Guaranty Federal Bancshares (NASDAQ:GFED) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. Guaranty Federal Bancshares had a net margin of 17.88% and a return on equity of 11.20%. The firm had revenue of $9.81 million during the quarter, compared to analysts’ expectations of $9.00 million. Sell-side analysts forecast that Guaranty Federal Bancshares will post 0.77 EPS for the current year.
Several research analysts have commented on GFED shares. Raymond James cut shares of Guaranty Federal Bancshares from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 17th. TheStreet cut Guaranty Federal Bancshares from a “b-” rating to a “c+” rating in a research note on Thursday, March 26th. Zacks Investment Research cut shares of Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, June 23rd. Finally, ValuEngine raised shares of Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research note on Monday, June 1st.
Guaranty Federal Bancshares Company Profile
Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides a range of banking and mortgage services to individual and corporate customers in southwest Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.
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