Desjardins Issues Pessimistic Estimate for EQB Earnings

EQB Inc. (TSE:EQB) – Desjardins cut their Q2 2025 earnings per share (EPS) estimates for shares of EQB in a research note issued to investors on Wednesday, February 26th. Desjardins analyst D. Young now forecasts that the company will post earnings per share of $2.58 for the quarter, down from their previous estimate of $2.76. Desjardins currently has a “Buy” rating and a $126.00 target price 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 Q3 2025 earnings at $3.10 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $3.04 EPS, Q4 2025 earnings at $3.04 EPS, FY2025 earnings at $11.70 EPS, FY2025 earnings at $11.70 EPS, FY2026 earnings at $13.55 EPS and FY2026 earnings at $13.55 EPS.

Several other brokerages have also commented on EQB. Cormark lowered EQB from a “buy” rating to a “market perform” rating and decreased their price target for the company from C$131.00 to C$110.00 in a research note on Thursday, December 5th. BMO Capital Markets boosted their price target on EQB from C$106.00 to C$119.00 in a research note on Monday, November 18th. Raymond James lifted 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. National Bankshares lifted their price objective on EQB from C$109.00 to C$117.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Jefferies Financial Group set a C$129.00 price objective on EQB and gave the company a “buy” rating in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, EQB presently has a consensus rating of “Moderate Buy” and a consensus price target of C$122.80.

EQB Price Performance

Shares of EQB stock opened at C$101.10 on Friday. The stock’s fifty day simple moving average is C$105.27 and its 200 day simple moving average is C$103.91. The firm has a market cap of C$3.91 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a one year low of C$78.24 and a one year high of C$114.22.

EQB Increases Dividend

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