Raymond James Has Pessimistic View of EQB Q3 Earnings

EQB Inc. (TSE:EQB) – Investment analysts at Raymond James reduced their Q3 2025 earnings per share estimates for shares of EQB in a research note issued on Wednesday, February 26th. Raymond James analyst S. Boland now anticipates that the company will post earnings per share of $2.97 for the quarter, down from their previous estimate of $3.15. Raymond James has a “Outperform” rating and a $121.00 price objective on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Raymond James also issued estimates for EQB’s Q3 2025 earnings at $2.97 EPS and Q4 2025 earnings at $3.06 EPS.

Several other research firms have also recently weighed in on EQB. Cormark cut EQB from a “buy” rating to a “market perform” rating and dropped their price objective for the stock from C$131.00 to C$110.00 in a report on Thursday, December 5th. TD Securities cut EQB from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. BMO Capital Markets increased their target price on EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. National Bankshares increased their target price on EQB from C$109.00 to C$117.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Desjardins decreased their target price on EQB from C$130.00 to C$126.00 and set a “buy” rating for the company in a research report on Thursday. 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 company. According to data from MarketBeat, EQB has a consensus rating of “Moderate Buy” and a consensus price target of C$122.80.

EQB Stock Performance

TSE EQB opened at C$101.10 on Friday. EQB has a fifty-two week low of C$78.24 and a fifty-two week high of C$114.22. The stock has a 50 day simple moving average of C$105.27 and a two-hundred day simple moving average of C$103.91. The stock has a market cap of C$3.91 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

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