Shares of Guaranty Bancshares Inc. (NASDAQ:GNTY) have received a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Brokerages have set a 12 month consensus price objective of $34.50 for the company, according to Zacks. Zacks has also given Guaranty Bancshares an industry rank of 97 out of 265 based on the ratings given to related companies.

A number of research analysts have recently commented on the company. Sandler O’Neill assumed coverage on Guaranty Bancshares in a report on Monday, June 5th. They set a “hold” rating and a $34.00 price target for the company. Stephens assumed coverage on Guaranty Bancshares in a report on Tuesday, June 6th. They set an “equal weight” rating for the company. Finally, ValuEngine lowered Guaranty Bancshares from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. New York State Common Retirement Fund purchased a new position in shares of Guaranty Bancshares during the second quarter worth approximately $109,000. California State Teachers Retirement System purchased a new position in shares of Guaranty Bancshares during the second quarter worth approximately $115,000. TIAA CREF Investment Management LLC purchased a new position in shares of Guaranty Bancshares during the second quarter worth approximately $156,000. State Street Corp purchased a new position in shares of Guaranty Bancshares during the second quarter worth approximately $492,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Guaranty Bancshares during the second quarter worth approximately $651,000. Institutional investors and hedge funds own 19.39% of the company’s stock.

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Guaranty Bancshares (NASDAQ:GNTY) traded down 2.27% on Wednesday, reaching $31.06. 2,596 shares of the company’s stock traded hands. Guaranty Bancshares has a 52 week low of $28.27 and a 52 week high of $36.38. The firm has a market capitalization of $341.91 million, a P/E ratio of 19.73 and a beta of 0.01. The stock has a 50-day moving average of $30.92 and a 200 day moving average of $31.40.

Guaranty Bancshares (NASDAQ:GNTY) last issued its quarterly earnings results on Monday, July 24th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The business had revenue of $18.32 million for the quarter. On average, equities analysts expect that Guaranty Bancshares will post $1.58 EPS for the current fiscal year.

Guaranty Bancshares Company Profile

Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.

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