Daily Stock Market Reports

Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Sees Significant Increase in Short Interest


Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 90.0% from the December 15th total of 1,000 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Shares of NASDAQ GFED opened at $34.64 on Friday. The firm’s 50-day simple moving average is $32.16 and its 200 day simple moving average is $27.03. The company has a market cap of $151.72 million, a price-to-earnings ratio of 16.57 and a beta of 0.62. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.48. Guaranty Federal Bancshares has a 12-month low of $17.29 and a 12-month high of $34.67.

Guaranty Federal Bancshares (NASDAQ:GFED) last issued its quarterly earnings results on Friday, October 22nd. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.18. The business had revenue of $14.91 million for the quarter, compared to the consensus estimate of $11.00 million. Guaranty Federal Bancshares had a net margin of 16.72% and a return on equity of 9.89%. On average, equities analysts expect that Guaranty Federal Bancshares will post 2.43 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 21st. Shareholders of record on Tuesday, January 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, January 10th. This represents a $0.60 dividend on an annualized basis and a yield of 1.73%. Guaranty Federal Bancshares’s payout ratio is presently 28.71%.

(Ad)

Silicon Valley millionaire Jeff Brown called it in 2014, when he first bought Bitcoin.

In 2016, he recommended Nvidia at $25… before it hit $799… and he predicted the #1 returning tech stock in 4 years out of 5…

Separately, Zacks Investment Research lowered shares of Guaranty Federal Bancshares from a “buy” rating to a “hold” rating in a report on Tuesday, December 28th.

A number of institutional investors have recently added to or reduced their stakes in GFED. Simmons Bank lifted its position in Guaranty Federal Bancshares by 146.8% during the 3rd quarter. Simmons Bank now owns 27,890 shares of the financial services provider’s stock valued at $671,000 after purchasing an additional 16,590 shares during the period. Renaissance Technologies LLC lifted its position in Guaranty Federal Bancshares by 3.0% during the 2nd quarter. Renaissance Technologies LLC now owns 41,300 shares of the financial services provider’s stock valued at $1,009,000 after purchasing an additional 1,200 shares during the period. Dimensional Fund Advisors LP lifted its position in Guaranty Federal Bancshares by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 143,477 shares of the financial services provider’s stock valued at $3,494,000 after purchasing an additional 2,345 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Guaranty Federal Bancshares by 18.7% during the 3rd quarter. Alliancebernstein L.P. now owns 268,719 shares of the financial services provider’s stock valued at $6,463,000 after purchasing an additional 42,387 shares during the period. Institutional investors own 25.61% of the company’s stock.

Guaranty Federal Bancshares Company Profile

Guaranty Federal Bancshares, Inc operates as a bank holding company. The firm engages in the provision of financial and banking services. It focuses on investing deposits in commercial real estate loans, multi-family residential mortgage loans, construction loans, permanent one- to four-family residential mortgage loans, business, consumer and other loans.

Read More: Penny Stocks, Risk and Reward Factors

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Guaranty Federal Bancshares right now?

Before you consider Guaranty Federal Bancshares, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Guaranty Federal Bancshares wasn’t on the list.

While Guaranty Federal Bancshares currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 



Read More: Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Sees Significant Increase in Short Interest

You might also like