Equities Analysts Offer Predictions for EQB FY2025 Earnings

EQB Inc. (TSE:EQB) – Stock analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for shares of EQB in a research report issued on Thursday, December 5th. Cormark analyst L. Persaud now expects that the company will earn $12.04 per share for the year, down from their prior forecast of $12.48. Cormark currently has a “Market Perform” rating and a $110.00 target price on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Cormark also issued estimates for EQB’s FY2026 earnings at $13.71 EPS.

EQB has been the subject of a number of other reports. Scotiabank dropped their price objective on EQB from C$135.00 to C$130.00 in a report on Friday. TD Securities downgraded EQB from a “buy” rating to a “hold” rating and lowered their price target for the company from C$126.00 to C$110.00 in a report on Friday. Raymond James lowered their price target on EQB from C$110.00 to C$106.00 in a report on Wednesday, August 21st. CIBC increased their price target on EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Finally, BMO Capital Markets increased their price target on EQB from C$106.00 to C$119.00 in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$113.63.

EQB Stock Down 2.2 %

EQB stock opened at C$102.10 on Friday. The company has a market cap of C$3.92 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 0.34 and a beta of 1.59. The business has a fifty day simple moving average of C$107.22 and a 200-day simple moving average of C$98.44. EQB has a 52 week low of C$77.96 and a 52 week high of C$113.20.

EQB Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from EQB’s previous quarterly dividend of $0.47. This represents a $1.96 annualized dividend and a dividend yield of 1.92%. EQB’s dividend payout ratio (DPR) is currently 19.75%.

About EQB

EQB Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions.