Cormark Analysts Increase Earnings Estimates for EQB

EQB Inc. (TSE:EQB) – Equities research analysts at Cormark lifted their FY2026 EPS estimates for EQB in a research report issued to clients and investors on Wednesday, February 26th. Cormark analyst L. Persaud now expects that the company will earn $13.81 per share for the year, up from their previous estimate of $13.78. 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.

EQB has been the topic of several other reports. BMO Capital Markets upped their price objective on EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. Desjardins lowered their price objective on shares of EQB from C$130.00 to C$126.00 and set a “buy” rating for the company in a research note on Thursday. Scotiabank cut their price target on shares of EQB from C$130.00 to C$119.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Raymond James raised their price objective on EQB from C$112.00 to C$121.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Finally, TD Securities lowered shares of EQB from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$126.00 to C$110.00 in a research note on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$122.80.

EQB Stock Performance

Shares of TSE EQB opened at C$101.27 on Thursday. EQB has a one year low of C$78.24 and a one year high of C$114.22. The firm has a market capitalization of C$3.92 billion, a P/E ratio of 15.79, a PEG ratio of 0.34 and a beta of 1.59. The company’s fifty day moving average is C$105.27 and its two-hundred day moving average is C$103.91.

EQB Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.49 per share. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.94%. This is a positive change from EQB’s previous quarterly dividend of $0.47. EQB’s payout ratio is currently 29.31%.

EQB Company Profile

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.