Guaranty Federal Bancshares, Inc. (GFED) Cut to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) from a hold rating to a sell rating in a research report released on Tuesday morning.

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. “

Shares of Guaranty Federal Bancshares (NASDAQ:GFED) opened at 20.00 on Tuesday. The stock has a 50 day moving average of $20.05 and a 200-day moving average of $18.84. Guaranty Federal Bancshares has a 52 week low of $15.50 and a 52 week high of $21.95. The stock has a market capitalization of $88.42 million, a PE ratio of 15.75 and a beta of 0.81.

Guaranty Federal Bancshares (NASDAQ:GFED) last released its quarterly earnings results on Thursday, January 19th. The financial services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.03. Guaranty Federal Bancshares had a net margin of 18.49% and a return on equity of 8.03%. On average, equities research analysts expect that Guaranty Federal Bancshares will post $1.41 EPS for the current year.

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The company also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Tuesday, April 4th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Friday, March 31st. Guaranty Federal Bancshares’s dividend payout ratio is currently 31.75%.

A hedge fund recently raised its stake in Guaranty Federal Bancshares stock. FJ Capital Management LLC boosted its position in shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 8.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 330,700 shares of the financial services provider’s stock after buying an additional 24,700 shares during the period. Guaranty Federal Bancshares accounts for approximately 1.0% of FJ Capital Management LLC’s investment portfolio, making the stock its 28th largest position. FJ Capital Management LLC owned approximately 7.60% of Guaranty Federal Bancshares worth $7,005,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 29.36% of the company’s stock.

About Guaranty Federal Bancshares

Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.

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