Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Monday.
According to Zacks, “Guaranty Federal Bancshares, Inc. has a subsidiary corporation offering full banking services. The principal subsidiary, Guaranty Bank, is headquartered in Springfield, Missouri, and has nine full-service branches in Greene and Christian Counties and a Loan Production Office in Webster County. Guaranty Bank is a member of the MoneyPass and TransFund ATM networks which provide its customers surcharge free access to over 24,000 ATMs nationwide. “
Guaranty Federal Bancshares (NASDAQ:GFED) traded down 1.19% during midday trading on Monday, hitting $20.01. 612 shares of the stock were exchanged. The stock has a market cap of $87.02 million, a P/E ratio of 15.76 and a beta of 0.81. The firm has a 50-day moving average price of $20.25 and a 200-day moving average price of $18.55. Guaranty Federal Bancshares has a one year low of $14.90 and a one year high of $21.95.
Guaranty Federal Bancshares (NASDAQ:GFED) last posted its quarterly earnings data on Thursday, January 19th. The financial services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.03. Guaranty Federal Bancshares had a net margin of 18.49% and a return on equity of 8.03%. On average, equities research analysts anticipate that Guaranty Federal Bancshares will post $1.41 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Investors of record on Tuesday, April 4th will be given a $0.10 dividend. The ex-dividend date is Friday, March 31st. This represents a $0.40 dividend on an annualized basis and a yield of 2.00%. Guaranty Federal Bancshares’s dividend payout ratio (DPR) is 31.75%.
A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. FJ Capital Management LLC raised its position in shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 8.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,700 shares of the financial services provider’s stock after buying an additional 24,700 shares during the period. Guaranty Federal Bancshares accounts for 1.0% of FJ Capital Management LLC’s holdings, making the stock its 28th largest position. FJ Capital Management LLC owned about 7.60% of Guaranty Federal Bancshares worth $7,005,000 at the end of the most recent reporting period. 29.36% of the stock is owned by institutional investors.
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.
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