Somewhat Positive Media Coverage Somewhat Unlikely to Affect Guaranty Bancorp (GBNK) Share Price
Press coverage about Guaranty Bancorp (NASDAQ:GBNK) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Guaranty Bancorp earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.6152285686519 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Guaranty Bancorp (GBNK) opened at $28.45 on Monday. Guaranty Bancorp has a 52-week low of $22.60 and a 52-week high of $30.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $831.91, a PE ratio of 19.62, a P/E/G ratio of 1.94 and a beta of 0.93.
Guaranty Bancorp (NASDAQ:GBNK) last announced its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). Guaranty Bancorp had a net margin of 24.17% and a return on equity of 11.20%. The company had revenue of $37.46 million for the quarter, compared to analysts’ expectations of $35.81 million. research analysts forecast that Guaranty Bancorp will post 1.46 EPS for the current fiscal year.
Several brokerages have recently commented on GBNK. BidaskClub downgraded shares of Guaranty Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Zacks Investment Research raised shares of Guaranty Bancorp from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Friday, October 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $29.00 price objective on shares of Guaranty Bancorp in a research note on Thursday, October 19th. Finally, ValuEngine raised shares of Guaranty Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $29.90.
In related news, EVP Keith Dickelman sold 5,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $29.02, for a total transaction of $145,100.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W Kirk Wycoff sold 50,000 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $29.15, for a total transaction of $1,457,500.00. The disclosure for this sale can be found here. Insiders have sold 255,000 shares of company stock worth $7,390,202 in the last quarter. 8.40% of the stock is owned by corporate insiders.
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Guaranty Bancorp Company Profile
Guaranty Bancorp is a bank holding company. The Company’s bank subsidiary is Guaranty Bank and Trust Company (the Bank). As of December 31, 2016, the Company operated 32 branches and two investment management firms, Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.
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