National Bank Financial Decreases Earnings Estimates for EQB

EQB Inc. (TSE:EQB) – National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of EQB in a research note issued on Wednesday, December 4th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $12.15 for the year, down from their previous forecast of $12.30. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. National Bank Financial also issued estimates for EQB’s FY2026 earnings at $13.66 EPS.

EQB has been the subject of a number of other reports. CIBC lifted their price target on shares of EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. TD Securities cut shares of EQB from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$126.00 to C$110.00 in a research note on Friday. Cormark cut shares of EQB from a “buy” rating to a “market perform” rating and reduced their price objective for the stock from C$131.00 to C$110.00 in a research note on Thursday. Scotiabank reduced their price objective on shares of EQB from C$135.00 to C$130.00 in a research note on Friday. Finally, BMO Capital Markets boosted their target price on shares of 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 issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, EQB currently has an average rating of “Hold” and a consensus target price of C$113.63.

EQB Stock Performance

EQB stock opened at C$102.10 on Friday. EQB has a 52 week low of C$77.96 and a 52 week high of C$113.20. The stock has a market capitalization of C$3.92 billion, a P/E ratio of 10.72, a PEG ratio of 0.34 and a beta of 1.59. The stock has a 50-day simple moving average of C$107.22 and a 200 day simple moving average of C$98.44.

EQB Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.49 per share. The ex-dividend date is Friday, December 13th. This is a boost 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 19.75%.

EQB Company Profile

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.