Zacks: Guaranty Federal Bancshares Inc. (NASDAQ:GFED) Given Average Rating of “Buy” by Analysts
Guaranty Federal Bancshares Inc. (NASDAQ:GFED) has received a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating.
Analysts have set a 1-year consensus price target of $18.00 for the company and are anticipating that the company will post $0.33 earnings per share for the current quarter, according to Zacks. Zacks has also given Guaranty Federal Bancshares an industry rank of 112 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research report on Friday, August 26th.
In other news, Director John F. Griesemer purchased 7,900 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The stock was purchased at an average cost of $16.17 per share, for a total transaction of $127,743.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 12.50% of the company’s stock.
A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. Renaissance Technologies LLC boosted its stake in Guaranty Federal Bancshares Inc. (NASDAQ:GFED) by 5.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,900 shares of the financial services provider’s stock after buying an additional 1,200 shares during the period. Renaissance Technologies LLC owned about 0.55% of Guaranty Federal Bancshares worth $358,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 35.35% of the company’s stock.
Shares of Guaranty Federal Bancshares (NASDAQ:GFED) opened at 16.8499 on Friday. The company has a 50-day moving average price of $16.34 and a 200-day moving average price of $16.06. Guaranty Federal Bancshares has a 12 month low of $14.23 and a 12 month high of $18.70. The company has a market capitalization of $74.68 million, a P/E ratio of 13.8114 and a beta of 1.20.
Guaranty Federal Bancshares (NASDAQ:GFED) last posted its quarterly earnings data on Monday, July 18th. The financial services provider reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.05. Guaranty Federal Bancshares had a net margin of 18.34% and a return on equity of 7.97%. On average, analysts forecast that Guaranty Federal Bancshares will post $1.27 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 20th. Investors of record on Monday, October 10th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Wednesday, October 5th. Guaranty Federal Bancshares’s payout ratio is 26.23%.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Bank (the Bank). The Bank’s principal business is attracting retail deposits from the public and investing the deposits, together with funds generated from operations, in commercial real estate loans, multi-family residential mortgage loans, construction loans, permanent one to four-family residential mortgage loans, business loans, consumer loans and other loans.
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