Guaranty Bancshares (GNTY) Expected to Announce Quarterly Earnings on Tuesday

Guaranty Bancshares (NASDAQ:GNTY - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Tuesday, January 21st. Analysts expect Guaranty Bancshares to post earnings of $0.61 per share and revenue of $29,491.00 billion for the quarter.

Guaranty Bancshares (NASDAQ:GNTY - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.03. Guaranty Bancshares had a net margin of 15.01% and a return on equity of 8.86%. The business had revenue of $45.59 million for the quarter, compared to analysts' expectations of $29.40 million. During the same period last year, the firm posted $0.54 earnings per share. 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 Price Performance

NASDAQ GNTY traded up $1.17 on Wednesday, hitting $35.27. 24,559 shares of the company's stock were exchanged, compared to its average volume of 70,184. The stock has a 50-day moving average of $35.73 and a 200-day moving average of $34.03. The stock has a market cap of $402.92 million, a price-to-earnings ratio of 14.76 and a beta of 0.61. Guaranty Bancshares has a 52 week low of $27.01 and a 52 week high of $38.93. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.14.

Guaranty Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 30th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.72%. Guaranty Bancshares's dividend payout ratio (DPR) is currently 40.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Stephens lifted their target price on Guaranty Bancshares from $38.00 to $40.00 and gave the company an "overweight" rating in a research report on Tuesday, October 22nd. Keefe, Bruyette & Woods raised their price target on shares of Guaranty Bancshares from $35.00 to $40.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th.

Insider Activity

In other Guaranty Bancshares news, CEO Tyson T. Abston sold 7,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $34.02, for a total value of $238,140.00. Following the completion of the transaction, the chief executive officer now owns 101,000 shares of the company's stock, valued at $3,436,020. This represents a 6.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 26.39% of the stock is owned by corporate insiders.

About Guaranty Bancshares

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.

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