Equity Bancshares (EQBK) Expected to Announce Earnings on Tuesday

Equity Bancshares (NASDAQ:EQBK - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Tuesday, April 15th. Analysts expect Equity Bancshares to post earnings of $0.83 per share and revenue of $56.63 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Equity Bancshares Price Performance

Shares of NASDAQ EQBK traded up $0.33 during midday trading on Friday, reaching $35.36. The company's stock had a trading volume of 83,265 shares, compared to its average volume of 55,597. Equity Bancshares has a one year low of $30.98 and a one year high of $50.85. The company has a market cap of $619.15 million, a price-to-earnings ratio of 8.88 and a beta of 0.73. The company has a 50 day moving average price of $40.50 and a 200 day moving average price of $42.70. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.78.

Equity Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.15 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 1.70%. Equity Bancshares's dividend payout ratio (DPR) is 15.08%.

Wall Street Analysts Forecast Growth

EQBK has been the subject of several research reports. DA Davidson reduced their price objective on Equity Bancshares from $50.00 to $46.00 and set a "neutral" rating for the company in a research note on Thursday, January 23rd. Stephens decreased their price target on Equity Bancshares from $52.00 to $49.00 and set an "overweight" rating for the company in a research report on Friday, January 24th. Janney Montgomery Scott initiated coverage on Equity Bancshares in a report on Thursday, April 3rd. They set a "neutral" rating on the stock. Keefe, Bruyette & Woods reduced their price objective on shares of Equity Bancshares from $46.00 to $44.00 and set a "market perform" rating for the company in a research note on Monday, April 7th. Finally, Hovde Group lifted their target price on shares of Equity Bancshares from $56.00 to $57.00 and gave the stock an "outperform" rating in a research report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $47.20.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.