Q1 Earnings Forecast for EQB Issued By Desjardins

EQB Inc. (TSE:EQB) – Analysts at Desjardins issued their Q1 2025 earnings per share estimates for shares of EQB in a research report issued to clients and investors on Monday, February 10th. Desjardins analyst D. Young expects that the company will earn $2.78 per share for the quarter. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Desjardins also issued estimates for EQB’s Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.25 EPS, Q4 2025 earnings at $3.26 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.75 EPS.

EQB has been the topic of a number of other reports. Scotiabank cut their price target on EQB from C$135.00 to C$130.00 in a report on Friday, December 6th. BMO Capital Markets increased their price target on EQB from C$106.00 to C$119.00 in a report on Monday, November 18th. TD Securities cut EQB from a “buy” rating to a “hold” rating and cut their price target for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. Cormark cut EQB from a “buy” rating to a “market perform” rating and cut their target price for the stock from C$131.00 to C$110.00 in a report on Thursday, December 5th. Finally, Raymond James increased their target price on EQB from C$112.00 to C$121.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$118.30.

EQB Stock Performance

EQB stock opened at C$106.29 on Thursday. The stock has a market capitalization of C$4.11 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 0.34 and a beta of 1.59. EQB has a 52-week low of C$78.24 and a 52-week high of C$114.22. The stock’s 50 day moving average price is C$104.57 and its two-hundred day moving average price is C$103.28.

EQB Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.49 per share. The ex-dividend date was 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 yield of 1.84%. EQB’s dividend payout ratio (DPR) is 29.31%.

About EQB

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.