Guaranty Federal Bancshares (NASDAQ:GFED) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued 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. “

A number of other analysts have also weighed in on the stock. Raymond James lowered shares of Guaranty Federal Bancshares from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 17th. TheStreet lowered shares of Guaranty Federal Bancshares from a “b-” rating to a “c+” rating in a research report on Thursday, March 26th. Finally, ValuEngine raised shares of Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, June 1st.

Shares of GFED traded up $0.18 during midday trading on Monday, hitting $15.85. 400 shares of the company traded hands, compared to its average volume of 3,271. The firm has a 50 day moving average of $14.94 and a 200-day moving average of $19.45. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.93 and a current ratio of 0.94. The stock has a market cap of $69.20 million, a price-to-earnings ratio of 7.44 and a beta of 0.58. Guaranty Federal Bancshares has a 52 week low of $12.70 and a 52 week high of $26.93.

Guaranty Federal Bancshares (NASDAQ:GFED) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.08. The firm had revenue of $9.81 million for the quarter, compared to analysts’ expectations of $9.00 million. Guaranty Federal Bancshares had a net margin of 17.88% and a return on equity of 11.20%. Sell-side analysts predict that Guaranty Federal Bancshares will post 0.77 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the company. Acadian Asset Management LLC increased its position in shares of Guaranty Federal Bancshares by 69.9% during the fourth quarter. Acadian Asset Management LLC now owns 2,034 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 837 shares during the period. State Street Corp increased its position in shares of Guaranty Federal Bancshares by 11.2% during the first quarter. State Street Corp now owns 15,351 shares of the financial services provider’s stock worth $227,000 after acquiring an additional 1,545 shares during the period. Renaissance Technologies LLC increased its position in shares of Guaranty Federal Bancshares by 18.9% during the fourth quarter. Renaissance Technologies LLC now owns 46,029 shares of the financial services provider’s stock worth $1,160,000 after acquiring an additional 7,328 shares during the period. Finally, EJF Capital LLC increased its position in shares of Guaranty Federal Bancshares by 5.1% during the fourth quarter. EJF Capital LLC now owns 105,050 shares of the financial services provider’s stock worth $2,647,000 after acquiring an additional 5,050 shares during the period. 26.75% of the stock is currently owned by institutional investors and hedge funds.

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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