#3 - Guaranty Bancshares (NASDAQ:GNTY)
Speaking of companies that are increasing dividends, the next of the small-cap stocks on our list is Guaranty Bancshares (NASDAQ:GNTY). This is a Texas-based commercial bank offering personal and business banking services.
Shares of GNTY stock soared at the beginning of the year on expectations of the company’s earnings. The company posted a slight beat on earnings, but a slight miss on revenue. That was enough for investors to dump their shares.
But a potentially bullish sign is that bank insiders aren’t dumping their stock. In fact, a director recently purchased 2,000 shares since the bank last reported earnings. And as investors know there are many reasons to sell a stock, but only one reason to buy. That is an expectation that the stock is moving higher.
GNTY stock is down slightly for the year. However, the stock looks to have an attractive valuation. And with solid growth and earnings expected, analysts are giving the stock a 25% upside.
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.
Read More - Current Price
- $36.91
- Consensus Rating
- Hold
- Ratings Breakdown
- 1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $35.00 (5.2% Downside)
