Research Analysts Offer Predictions for EQB Q1 Earnings

EQB Inc. (TSE:EQB - Free Report) - Research analysts at Raymond James cut their Q1 2025 earnings estimates for shares of EQB in a note issued to investors on Thursday, January 9th. Raymond James analyst S. Boland now expects that the company will post earnings per share of $2.93 for the quarter, down from their prior estimate of $2.94. Raymond James currently has a "Outperform" rating and a $121.00 price target on the stock. The consensus estimate for EQB's current full-year earnings is $12.60 per share. Raymond James also issued estimates for EQB's Q2 2025 earnings at $3.04 EPS, Q3 2025 earnings at $3.15 EPS, Q4 2025 earnings at $3.25 EPS, Q1 2026 earnings at $3.21 EPS, Q2 2026 earnings at $3.30 EPS, Q3 2026 earnings at $3.41 EPS, Q4 2026 earnings at $3.52 EPS and FY2026 earnings at $13.43 EPS.

Several other research analysts also recently commented on the company. BMO Capital Markets raised their price objective on EQB from C$106.00 to C$119.00 in a report on Monday, November 18th. TD Securities lowered shares of EQB from a "buy" rating to a "hold" rating and lowered their price objective for the stock from C$126.00 to C$110.00 in a research note on Friday, December 6th. Scotiabank cut their target price on shares of EQB from C$135.00 to C$130.00 in a research report on Friday, December 6th. CIBC upped their price target on shares of EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. Finally, Cormark downgraded shares of EQB from a "buy" rating to a "market perform" rating and dropped their price objective for the company from C$131.00 to C$110.00 in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$115.50.

EQB Stock Performance

EQB stock traded down C$0.85 during mid-day trading on Monday, hitting C$106.04. The company's stock had a trading volume of 59,287 shares, compared to its average volume of 72,297. The company has a 50 day moving average of C$104.57 and a 200-day moving average of C$101.01. The stock has a market cap of C$4.07 billion, a PE ratio of 11.14, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a one year low of C$78.24 and a one year high of C$113.20.

EQB Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.49 dividend. This is a positive change from EQB's previous quarterly dividend of $0.47. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a yield of 1.85%. EQB's dividend payout ratio (DPR) is 19.75%.

About EQB

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.