Q1 Earnings Estimate for EQB Issued By Desjardins (TSE:EQB)

EQB Inc. (TSE:EQB - Free Report) - Stock analysts at Desjardins issued their Q1 2025 earnings estimates for shares of EQB in a report issued on Monday, February 10th. Desjardins analyst D. Young anticipates that the company will post earnings of $2.78 per share for the quarter. Desjardins currently has a "Moderate Buy" rating 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 Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.25 EPS, Q4 2025 earnings at $3.26 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.75 EPS.

A number of other research analysts also recently weighed in on EQB. TD Securities downgraded EQB from a "buy" rating to a "hold" rating and dropped their price target for the stock from C$126.00 to C$110.00 in a research note on Friday, December 6th. CIBC boosted their price target on shares of EQB from C$113.00 to C$130.00 in a research note on Tuesday, November 26th. Jefferies Financial Group set a C$129.00 price objective on shares of EQB and gave the company a "buy" rating in a research note on Thursday, January 30th. Cormark downgraded shares of EQB from a "buy" rating to a "market perform" rating and decreased their target price for the stock from C$131.00 to C$110.00 in a research report on Thursday, December 5th. Finally, Raymond James raised their price target on shares of EQB from C$112.00 to C$121.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, EQB has an average rating of "Moderate Buy" and a consensus target price of C$118.30.

EQB Stock Performance

Shares of TSE EQB traded up C$0.09 during trading on Thursday, hitting C$106.38. 35,874 shares of the company traded hands, compared to its average volume of 61,449. The firm has a market capitalization of C$4.12 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 0.34 and a beta of 1.59. The business's fifty day moving average is C$104.65 and its 200 day moving average is C$103.39. EQB has a fifty-two week low of C$78.24 and a fifty-two week high of C$114.22.

EQB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.84%. This is a boost from EQB's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, December 13th. EQB's payout ratio is presently 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.