Wall Street analysts expect that Guaranty Bancorp (NASDAQ:GBNK) will announce $0.39 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Guaranty Bancorp’s earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.38. Guaranty Bancorp posted earnings of $0.34 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 14.7%. The firm is scheduled to report its next quarterly earnings report on Wednesday, January 24th.

According to Zacks, analysts expect that Guaranty Bancorp will report full-year earnings of $1.46 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.47. For the next fiscal year, analysts expect that the company will post earnings of $1.73 per share, with EPS estimates ranging from $1.69 to $1.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Guaranty Bancorp.

Guaranty Bancorp (NASDAQ:GBNK) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The business had revenue of $37.46 million for the quarter, compared to analysts’ expectations of $35.81 million. Guaranty Bancorp had a return on equity of 11.20% and a net margin of 24.17%.

Several research analysts have commented on the stock. BidaskClub downgraded shares of Guaranty Bancorp from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 4th. Zacks Investment Research raised shares of Guaranty Bancorp from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Friday, December 29th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $31.00 price target on shares of Guaranty Bancorp in a research note on Friday, December 22nd. Finally, ValuEngine downgraded shares of Guaranty Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $29.90.

In related news, EVP Keith Dickelman sold 5,000 shares of Guaranty Bancorp stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $29.02, for a total value of $145,100.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director W Kirk Wycoff sold 118,100 shares of Guaranty Bancorp stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $29.11, for a total transaction of $3,437,891.00. The disclosure for this sale can be found here. Insiders have sold 255,000 shares of company stock worth $7,390,202 over the last three months. Insiders own 8.40% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Atlantic Trust Group LLC purchased a new position in shares of Guaranty Bancorp in the third quarter worth $2,163,000. Institutional & Family Asset Management LLC purchased a new position in shares of Guaranty Bancorp in the third quarter worth $285,000. California Public Employees Retirement System increased its stake in shares of Guaranty Bancorp by 4.5% in the third quarter. California Public Employees Retirement System now owns 65,519 shares of the financial services provider’s stock worth $1,821,000 after buying an additional 2,819 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Guaranty Bancorp in the third quarter worth $221,000. Finally, Keeley Teton Advisors LLC increased its stake in shares of Guaranty Bancorp by 15.0% in the third quarter. Keeley Teton Advisors LLC now owns 69,272 shares of the financial services provider’s stock worth $1,926,000 after buying an additional 9,026 shares during the period. 70.19% of the stock is currently owned by institutional investors.

Guaranty Bancorp (NASDAQ GBNK) opened at $28.95 on Wednesday. The company has a market cap of $846.53, a P/E ratio of 21.77, a price-to-earnings-growth ratio of 1.67 and a beta of 0.93. Guaranty Bancorp has a one year low of $22.90 and a one year high of $30.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.92 and a current ratio of 0.92.

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About Guaranty Bancorp

Guaranty Bancorp is a bank holding company. The Company’s bank subsidiary is Guaranty Bank and Trust Company (the Bank). As of December 31, 2016, the Company operated 32 branches and two investment management firms, Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.

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