Equitable (EQH) to Release Quarterly Earnings on Tuesday

Equitable (NYSE:EQH - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $1.61 per share and revenue of $4.05 billion for the quarter.

Equitable (NYSE:EQH - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $1.57 earnings per share for the quarter, missing analysts' consensus estimates of $1.65 by ($0.08). Equitable had a net margin of 10.51% and a return on equity of 85.70%. On average, analysts expect Equitable to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Equitable Trading Down 0.8 %

Shares of EQH stock traded down $0.38 during trading hours on Friday, hitting $49.67. The company had a trading volume of 1,553,511 shares, compared to its average volume of 2,628,238. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.07 and a quick ratio of 0.12. The stock has a market capitalization of $15.24 billion, a PE ratio of 13.00 and a beta of 1.23. The company's fifty day moving average is $50.60 and its 200 day moving average is $49.22. Equitable has a fifty-two week low of $36.46 and a fifty-two week high of $56.00.

Equitable Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, March 5th. Equitable's dividend payout ratio (DPR) is 25.13%.

Insider Buying and Selling

In other news, CEO Mark Pearson sold 30,000 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $47.56, for a total value of $1,426,800.00. Following the transaction, the chief executive officer now owns 743,206 shares in the company, valued at approximately $35,346,877.36. This represents a 3.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jeffrey J. Hurd sold 6,666 shares of the firm's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $47.57, for a total value of $317,101.62. Following the sale, the chief operating officer now directly owns 101,646 shares in the company, valued at $4,835,300.22. This trade represents a 6.15 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 83,332 shares of company stock worth $4,141,315. Corporate insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EQH. Deutsche Bank Aktiengesellschaft raised Equitable from a "hold" rating to a "buy" rating and increased their target price for the stock from $47.00 to $58.00 in a research note on Friday, January 10th. Barclays increased their price target on shares of Equitable from $60.00 to $61.00 and gave the stock an "overweight" rating in a research report on Monday, January 6th. Truist Financial lifted their price objective on shares of Equitable from $52.00 to $60.00 and gave the company a "buy" rating in a report on Monday, February 10th. Morgan Stanley reduced their target price on shares of Equitable from $68.00 to $58.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Equitable from $53.00 to $55.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, Equitable has a consensus rating of "Moderate Buy" and a consensus target price of $60.91.

Equitable Company Profile

Equitable Holdings, Inc, together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy.