What is DA Davidson's Forecast for EQBK FY2025 Earnings?

Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Stock analysts at DA Davidson issued their FY2025 earnings per share estimates for shares of Equity Bancshares in a research report issued to clients and investors on Thursday, April 10th. DA Davidson analyst J. Rulis expects that the bank will post earnings of $3.80 per share for the year. DA Davidson has a "Neutral" rating and a $39.00 price objective on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share. DA Davidson also issued estimates for Equity Bancshares' FY2026 earnings at $4.50 EPS.

Several other equities research analysts have also recently weighed in on the stock. Hovde Group raised their price objective on shares of Equity Bancshares from $56.00 to $57.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Janney Montgomery Scott assumed coverage on shares of Equity Bancshares in a report on Thursday, April 3rd. They issued a "neutral" rating for the company. Piper Sandler reduced their price objective on Equity Bancshares from $46.00 to $44.00 and set an "overweight" rating on the stock in a report on Thursday. Keefe, Bruyette & Woods lowered their target price on 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, Stephens cut their price target on Equity Bancshares from $52.00 to $49.00 and set an "overweight" rating on the stock in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $46.60.

Equity Bancshares Price Performance

Shares of Equity Bancshares stock traded down $0.03 during trading on Monday, reaching $36.38. The company's stock had a trading volume of 61,041 shares, compared to its average volume of 56,123. The stock has a 50-day moving average price of $39.85 and a two-hundred day moving average price of $42.56. The stock has a market capitalization of $636.99 million, a P/E ratio of 9.14 and a beta of 0.73. 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 has a one year low of $30.98 and a one year high of $50.85.

Institutional Investors Weigh In On Equity Bancshares

Institutional investors have recently made changes to their positions in the stock. R Squared Ltd bought a new position in Equity Bancshares during the fourth quarter worth about $54,000. Aquatic Capital Management LLC acquired a new stake in shares of Equity Bancshares in the 4th quarter valued at approximately $98,000. Quantbot Technologies LP boosted its stake in Equity Bancshares by 139.9% during the 4th quarter. Quantbot Technologies LP now owns 2,725 shares of the bank's stock worth $116,000 after acquiring an additional 1,589 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Equity Bancshares during the fourth quarter valued at approximately $119,000. Finally, GAMMA Investing LLC increased its stake in Equity Bancshares by 81,650.0% in the first quarter. GAMMA Investing LLC now owns 3,270 shares of the bank's stock valued at $129,000 after purchasing an additional 3,266 shares in the last quarter. 71.80% of the stock is owned by institutional investors and hedge funds.

Equity Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend was Monday, March 31st. Equity Bancshares's dividend payout ratio (DPR) is currently 15.27%.

Equity Bancshares Company Profile

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.