Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) recorded a sharp decline in short-term interest in December. As of December 15, there was overdraft interest totaling 1,000 shares, a decrease of 69.7% from the total of 3,300 shares as of November 30. Currently 0.0% of the company’s shares are sold short. Based on an average trading volume of 6,400 shares, the day / coverage ratio is currently 0.2 days.
Several institutional investors and hedge funds have recently changed their positions in the company. Renaissance Technologies LLC raised its stake in Guaranty Federal Bancshares by 3.0% during the second quarter. Renaissance Technologies LLC now owns 41,300 shares of the financial services provider valued at $ 1,009,000 after purchasing an additional 1,200 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Guaranty Federal Bancshares by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 143,477 shares of the financial services provider valued at $ 3,494,000 after purchasing 2,345 additional shares in the last quarter. Simmons Bank increased its stake in Guaranty Federal Bancshares by 146.8% during the third quarter. Simmons Bank now owns 27,890 shares of the financial services provider valued at $ 671,000 after purchasing an additional 16,590 shares in the last quarter. Finally, Alliancebernstein LP increased its stake in Guaranty Federal Bancshares by 18.7% during the third quarter. Alliancebernstein LP now owns 268,719 shares of the financial services provider valued at $ 6,463,000 after purchasing an additional 42,387 shares in the last quarter. Institutional investors and hedge funds hold 24.85% of the company’s shares.
Separately, Zacks investment research downgraded Guaranty Federal Bancshares from a “buy” rating to a “keep” rating in a report released Tuesday, December 28.
Actions of GFED traded at $ 0.45 during the midday session Tuesday, reaching $ 32.06. The company had a trade volume of 5,044 shares, compared to an average volume of 5,052 shares. The company has a 50-day moving average price of $ 30.44. The company has a quick ratio of 0.92, a current ratio of 0.93, and a debt ratio of 0.48. The company has a market cap of $ 140.55 million, a price-to-earnings ratio of 15.34 and a beta of 0.62. Guaranty Federal Bancshares has a one-year low at $ 16.85 and a one-year high at $ 33.69.
Guaranty Federal Bancshares (NASDAQ: GFED) last reported its quarterly results on Friday, October 22. The financial services provider reported earnings per share (EPS) of $ 0.76 for the quarter, beating the consensus estimate of $ 0.58 by $ 0.18. The company posted revenue of $ 14.91 million in the quarter, compared to analysts’ expectations of $ 11.00 million. Guaranty Federal Bancshares recorded a return on equity of 9.89% and a net margin of 16.72%. On average, analysts predict that Guaranty Federal Bancshares will post 2.43 EPS for the current year.
The company also recently unveiled a quarterly dividend, which will be paid on Friday, January 21. Shareholders of record on Tuesday January 11 will receive a dividend of $ 0.15. This represents an annualized dividend of $ 0.60 and a dividend yield of 1.87%. The ex-dividend date is Monday January 10. Guaranty Federal Bancshares’ payout rate is currently 28.71%.
Guaranty Federal Bancshares Company Profile
Guaranty Federal Bancshares, Inc. operates as a bank holding company. The company specializes in the provision of financial and banking services. It focuses on investing deposits in commercial real estate loans, multi-family residential mortgages, construction loans, permanent residential mortgages for one to four families, business, consumer and other loans.
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