Guaranty Bancshares (GNTY) Set to Announce Quarterly Earnings on Monday

Posted by Defense World Staff on Apr 10th, 2023

Guaranty Bancshares (NASDAQ:GNTY – Get Rating) will announce its earnings results before the market opens on Monday, April 17th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Guaranty Bancshares (NASDAQ:GNTY – Get Rating) last posted its quarterly earnings data on Tuesday, January 17th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.17. The firm had revenue of $33.48 million for the quarter, compared to the consensus estimate of $34.20 million. Guaranty Bancshares had a return on equity of 17.31% and a net margin of 27.57%. On average, analysts expect Guaranty Bancshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Guaranty Bancshares Stock Up 2.5 %

Shares of NASDAQ GNTY opened at $26.76 on Monday. The stock has a market cap of $319.25 million, a P/E ratio of 7.99 and a beta of 0.42. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a 50 day moving average price of $30.12 and a 200 day moving average price of $33.39. Guaranty Bancshares has a 52-week low of $25.52 and a 52-week high of $37.91.

Guaranty Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 12th. Stockholders of record on Monday, March 27th will be given a dividend of $0.23 per share. This is an increase from Guaranty Bancshares’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, March 24th. This represents a $0.92 annualized dividend and a dividend yield of 3.44%. Guaranty Bancshares’s dividend payout ratio is currently 27.46%.

Insider Activity at Guaranty Bancshares

In other Guaranty Bancshares news, Director Richard W. Baker acquired 4,611 shares of the stock in a transaction dated Wednesday, January 18th. The shares were bought at an average cost of $34.49 per share, for a total transaction of $159,033.39. Following the completion of the acquisition, the director now directly owns 637,482 shares of the company’s stock, valued at $21,986,754.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Richard W. Baker bought 4,611 shares of the stock in a transaction that occurred on Wednesday, January 18th. The shares were acquired at an average price of $34.49 per share, with a total value of $159,033.39. Following the completion of the transaction, the director now owns 637,482 shares in the company, valued at $21,986,754.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James S. Bunch purchased 1,000 shares of the stock in a transaction on Monday, March 13th. The shares were bought at an average cost of $26.75 per share, for a total transaction of $26,750.00. Following the transaction, the director now directly owns 160,000 shares in the company, valued at $4,280,000. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 16,042 shares of company stock valued at $507,329. 26.59% of the stock is owned by insiders.

Institutional Trading of Guaranty Bancshares

A number of hedge funds have recently modified their holdings of GNTY. Dimensional Fund Advisors LP lifted its holdings in shares of Guaranty Bancshares by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 272,662 shares of the company’s stock worth $9,445,000 after buying an additional 4,394 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Guaranty Bancshares by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 152,877 shares of the company’s stock worth $5,295,000 after purchasing an additional 1,650 shares in the last quarter. State Street Corp grew its position in shares of Guaranty Bancshares by 0.7% during the 3rd quarter. State Street Corp now owns 140,863 shares of the company’s stock worth $4,903,000 after purchasing an additional 954 shares in the last quarter. rhino investment partners Inc raised its position in shares of Guaranty Bancshares by 11.4% in the fourth quarter. rhino investment partners Inc now owns 98,439 shares of the company’s stock valued at $3,410,000 after buying an additional 10,082 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Guaranty Bancshares by 6.0% in the first quarter. Renaissance Technologies LLC now owns 58,569 shares of the company’s stock valued at $2,050,000 after buying an additional 3,300 shares in the last quarter. Institutional investors and hedge funds own 24.17% of the company’s stock.

Guaranty Bancshares Company Profile

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Guaranty Bancshares, Inc is a bank holding company, which engages in the provision of financial products and services. It offers online banking and bill pay, fraud protection, person-to-person payments, direct deposits, personal loans, auto loans, student checking, and premium checking. The company was founded on January 13, 1913 and is headquartered in Addison, TX.