ValuEngine Downgrades Guaranty Federal Bancshares (GFED) to Sell
ValuEngine lowered shares of Guaranty Federal Bancshares (NASDAQ:GFED) from a hold rating to a sell rating in a research report released on Tuesday.
GFED has been the topic of a number of other reports. Zacks Investment Research upgraded Guaranty Federal Bancshares from a hold rating to a strong-buy rating and set a $29.00 price objective on the stock in a research note on Wednesday, October 24th. TheStreet lowered Guaranty Federal Bancshares from a b- rating to a c rating in a research note on Tuesday, July 24th. Finally, Raymond James lifted their price objective on Guaranty Federal Bancshares from $27.00 to $28.00 and gave the stock an outperform rating in a research note on Monday, October 22nd.
Guaranty Federal Bancshares stock opened at $23.65 on Tuesday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.04 and a current ratio of 1.05. The stock has a market capitalization of $105.95 million, a PE ratio of 16.20 and a beta of -0.07. Guaranty Federal Bancshares has a 52 week low of $20.41 and a 52 week high of $27.39.
The company also recently announced a quarterly dividend, which was paid on Friday, October 19th. Investors of record on Tuesday, October 9th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date was Friday, October 5th. Guaranty Federal Bancshares’s dividend payout ratio (DPR) is presently 32.88%.
A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. Alliancebernstein L.P. increased its position in shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 54.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,391 shares of the financial services provider’s stock after buying an additional 36,296 shares during the quarter. Alliancebernstein L.P. owned 2.30% of Guaranty Federal Bancshares worth $2,457,000 at the end of the most recent quarter. 26.51% of the stock is owned by institutional investors.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides banking products and services in the southwestern corner of 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.
Recommended Story: Do stock splits help investors?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Guaranty Federal Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guaranty Federal Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.