Guaranty Federal Bancshares (GFED) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Guaranty Federal Bancshares (NASDAQ:GFED) from a hold rating to a sell rating in a report published on Monday, Zacks.com reports.

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. “

Separately, ValuEngine upgraded shares of Guaranty Federal Bancshares from a sell rating to a hold rating in a research note on Wednesday, May 1st.

Shares of Guaranty Federal Bancshares stock opened at $23.90 on Monday. The company has a market capitalization of $105.35 million and a price-to-earnings ratio of 10.96. Guaranty Federal Bancshares has a 52 week low of $20.11 and a 52 week high of $27.39. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.08 and a current ratio of 1.08.

Guaranty Federal Bancshares (NASDAQ:GFED) last announced its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.47 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.04). The company had revenue of $9.37 million during the quarter, compared to analysts’ expectations of $10.10 million. Guaranty Federal Bancshares had a net margin of 15.22% and a return on equity of 13.26%. Analysts anticipate that Guaranty Federal Bancshares will post 2.16 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Tuesday, April 9th were paid a $0.13 dividend. The ex-dividend date of this dividend was Monday, April 8th. This represents a $0.52 annualized dividend and a yield of 2.18%. Guaranty Federal Bancshares’s dividend payout ratio is currently 23.85%.

An institutional investor recently raised its position in Guaranty Federal Bancshares stock. Simmons Bank grew its position in Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 17.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,300 shares of the financial services provider’s stock after acquiring an additional 1,645 shares during the quarter. Simmons Bank owned about 0.25% of Guaranty Federal Bancshares worth $247,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 27.52% of the company’s stock.

Guaranty Federal Bancshares Company Profile

Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides a range of banking and mortgage services to individual and corporate customers in southwest Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.

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