Equinor ASA (EQNR) Expected to Announce Earnings on Wednesday

Equinor ASA (NYSE:EQNR - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect Equinor ASA to post earnings of $0.82 per share and revenue of $24.40 billion for the quarter.

Equinor ASA Price Performance

Shares of NYSE:EQNR traded up $0.33 during trading on Wednesday, reaching $23.91. The stock had a trading volume of 2,827,852 shares, compared to its average volume of 3,391,103. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.48 and a quick ratio of 1.38. The stock has a market capitalization of $66.76 billion, a PE ratio of 7.33, a P/E/G ratio of 1.19 and a beta of 0.84. The business's 50-day moving average price is $24.03 and its 200 day moving average price is $24.98. Equinor ASA has a 52 week low of $21.85 and a 52 week high of $29.49.

Equinor ASA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.86%. Equinor ASA's dividend payout ratio is 35.89%.

Wall Street Analysts Forecast Growth

EQNR has been the topic of several research reports. Barclays raised shares of Equinor ASA from an "equal weight" rating to an "overweight" rating in a research report on Monday, November 25th. Berenberg Bank upgraded shares of Equinor ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. raised shares of Equinor ASA from an "underweight" rating to an "overweight" rating in a report on Monday, December 9th. Citigroup raised shares of Equinor ASA to a "strong sell" rating in a research note on Wednesday, October 2nd. Finally, StockNews.com upgraded shares of Equinor ASA from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Equinor ASA currently has an average rating of "Moderate Buy" and a consensus target price of $29.45.

About Equinor ASA

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.