Analysts Set Expectations for EQB's Q2 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB - Free Report) - Equities researchers at Desjardins dropped their Q2 2025 earnings per share estimates for shares of EQB in a research report issued to clients and investors on Wednesday, February 26th. Desjardins analyst D. Young now anticipates 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.

A number of other brokerages have also recently commented on EQB. TD Securities cut EQB from a "buy" rating to a "hold" rating and decreased their price objective for the stock from C$126.00 to C$110.00 in a research note on Friday, December 6th. Raymond James boosted their target price on EQB from C$112.00 to C$121.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Cormark cut shares of EQB from a "buy" rating to a "market perform" rating and decreased their price objective for the company from C$131.00 to C$110.00 in a report on Thursday, December 5th. Scotiabank cut their target price 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. Finally, National Bankshares lifted their price target on shares of EQB from C$109.00 to C$117.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of C$122.80.

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EQB Stock Down 2.9 %

EQB stock traded down C$2.94 during midday trading on Friday, reaching C$97.58. The company's stock had a trading volume of 147,325 shares, compared to its average volume of 67,699. The business's 50-day simple moving average is C$105.35 and its 200-day simple moving average is C$104.02. The stock has a market cap of C$3.77 billion, a PE ratio of 15.21, a price-to-earnings-growth 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.

EQB Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a $0.51 dividend. This is an increase from EQB's previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.04 annualized dividend and a dividend yield of 2.09%. EQB's dividend payout ratio (DPR) 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.