Research Analysts Issue Forecasts for EQB Q1 Earnings

EQB Inc. (TSE:EQB - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for shares of EQB in a research report issued to clients and investors on Monday, February 17th. National Bank Financial analyst G. Dechaine anticipates that the company will earn $2.84 per share for the quarter. The consensus estimate for EQB's current full-year earnings is $12.60 per share. National Bank Financial also issued estimates for EQB's Q2 2025 earnings at $2.72 EPS, Q3 2025 earnings at $3.12 EPS, Q4 2025 earnings at $3.21 EPS and FY2025 earnings at $11.91 EPS.

A number of other equities analysts have also recently issued reports on EQB. CIBC increased their price objective on shares of EQB from C$113.00 to C$130.00 in a research note on Tuesday, November 26th. Desjardins set a C$130.00 price objective on shares of EQB and gave the company a "buy" rating in a research note on Tuesday, February 11th. Cormark cut shares of EQB from a "buy" rating to a "market perform" rating and dropped their price objective for the company from C$131.00 to C$110.00 in a research note on Thursday, December 5th. Scotiabank dropped their price objective on shares of EQB from C$130.00 to C$119.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, Raymond James increased their price objective on shares of EQB from C$112.00 to C$121.00 and gave the company an "outperform" rating in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, EQB presently has an average rating of "Moderate Buy" and a consensus price target of C$117.20.

EQB Stock Performance

Shares of EQB stock traded down C$0.57 during mid-day trading on Wednesday, reaching C$101.78. The company's stock had a trading volume of 70,731 shares, compared to its average volume of 61,189. EQB has a 1-year low of C$78.24 and a 1-year high of C$114.22. The company has a market cap of C$3.94 billion, a P/E ratio of 15.87, a PEG ratio of 0.34 and a beta of 1.59. The firm's 50-day moving average is C$105.05 and its two-hundred day moving average is C$103.61.

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 issued a $0.49 dividend. This is a positive change from EQB's previous quarterly dividend of $0.47. The ex-dividend date was Friday, December 13th. This represents a $1.96 annualized dividend and a dividend yield of 1.93%. EQB's dividend payout ratio is presently 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.