Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Guaranty Bancorp (GBNK) Share Price
Headlines about Guaranty Bancorp (NASDAQ:GBNK) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Guaranty Bancorp earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.8407146988396 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several analysts have recently weighed in on the company. BidaskClub raised Guaranty Bancorp from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 7th. DA Davidson downgraded Guaranty Bancorp from a “buy” rating to a “neutral” rating and set a $32.00 target price for the company. in a report on Wednesday, May 23rd. Zacks Investment Research upgraded Guaranty Bancorp from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Tuesday, June 19th. Piper Jaffray Companies restated a “hold” rating and issued a $32.50 price target on shares of Guaranty Bancorp in a research report on Friday, August 10th. Finally, ValuEngine cut Guaranty Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $34.63.
GBNK stock traded down $0.05 during trading on Monday, hitting $30.95. The company had a trading volume of 814 shares, compared to its average volume of 137,396. The stock has a market capitalization of $907.11 million, a PE ratio of 20.20, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89. Guaranty Bancorp has a 1-year low of $24.70 and a 1-year high of $35.20. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.80.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 31st. Shareholders of record on Friday, August 24th will be given a dividend of $0.1625 per share. This is a boost from Guaranty Bancorp’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, August 23rd. This represents a $0.65 annualized dividend and a yield of 2.10%. Guaranty Bancorp’s payout ratio is presently 42.48%.
About Guaranty Bancorp
Guaranty Bancorp operates as the bank holding company for Guaranty Bank and Trust Company that provides various banking and other financial services to consumers, and small to medium-sized businesses. The company accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit.
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