Equity Bancshares (EQBK) Projected to Post Earnings on Wednesday

Equity Bancshares (NASDAQ:EQBK) is expected to release its earnings data after the market closes on Wednesday, January 22nd. Analysts expect Equity Bancshares to post earnings of $0.94 per share and revenue of $55,959.60 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Equity Bancshares Trading Up 0.3 %

Shares of EQBK stock opened at $43.15 on Monday. The firm has a market cap of $659.72 million, a P/E ratio of 39.22 and a beta of 0.92. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. Equity Bancshares has a 12-month low of $30.44 and a 12-month high of $50.85. The business has a 50-day moving average price of $45.08 and a two-hundred day moving average price of $41.84.

Equity Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date was Tuesday, December 31st. Equity Bancshares’s payout ratio is currently 54.55%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Stephens upgraded shares of Equity Bancshares from an “equal weight” rating to an “overweight” rating and set a $46.00 price objective for the company in a report on Monday, October 14th. Keefe, Bruyette & Woods boosted their price target on shares of Equity Bancshares from $43.00 to $48.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Finally, DA Davidson lifted their price objective on Equity Bancshares from $42.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.