Guaranty Federal Bancshares Inc. (NASDAQ:GFED) announced its earnings results on Thursday. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.03. Guaranty Federal Bancshares had a return on equity of 7.99% and a net margin of 18.58%.
Shares of Guaranty Federal Bancshares (NASDAQ:GFED) opened at 20.9799 on Friday. The firm’s 50-day moving average is $19.44 and its 200 day moving average is $17.28. Guaranty Federal Bancshares has a 52 week low of $14.80 and a 52 week high of $21.95. The firm has a market cap of $92.98 million, a PE ratio of 16.9193 and a beta of 0.98.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Tuesday, January 3rd were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Thursday, December 29th. This is a boost from Guaranty Federal Bancshares’s previous quarterly dividend of $0.08. Guaranty Federal Bancshares’s payout ratio is 32.00%.
In other news, Director John F. Griesemer bought 3,000 shares of the stock in a transaction on Thursday, October 27th. The shares were bought at an average price of $16.86 per share, with a total value of $50,580.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.50% of the stock is currently owned by corporate insiders.
A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. Maltese Capital Management LLC increased its position in shares of Guaranty Federal Bancshares Inc. (NASDAQ:GFED) by 30.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,600 shares of the financial services provider’s stock after buying an additional 25,200 shares during the period. Maltese Capital Management LLC owned 2.46% of Guaranty Federal Bancshares worth $1,718,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.35% of the company’s stock.
Separately, Zacks Investment Research raised shares of Guaranty Federal Bancshares from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Tuesday, December 20th.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.