Equitable (EQH) Stock Price, News & Analysis

Company Overview

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. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related services to various clients through institutional. The Protection Solutions segment provides life insurance products, such as VUL insurance and IUL insurance, term life, and employee benefits business, such as dental, vision, life, as well as short- and long-term disability insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.

Key Stats

• Today's Range: $41.13 to $41.90
• 50-Day Range: $37.05 to $43.61
• 52-Week Range: $24.65 to $44.50
• Volume: 1.76 million shs
• Average Volume: 2.53 million shs
• Market Capitalization: $13.45 billion
• P/E Ratio: 12.80
• Dividend Yield: 2.32%
• Price Target: $46.64
• Consensus Rating: Moderate Buy

Equitable Stock Analysis - MarketRank™

Equitable scored higher than 95% of companies evaluated by MarketBeat, and ranked 64th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equitable has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equitable has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.80%

Earnings Growth

Earnings for Equitable are expected to grow by 17.80% in the coming year, from $6.01 to $7.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equitable is 12.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equitable is 12.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.02.

Price to Book Value per Share Ratio

Equitable has a P/B Ratio of 4.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.30% of the float of Equitable has been sold short.

Short Interest Ratio / Days to Cover

Equitable has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equitable has recently decreased by 14.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Equitable pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Equitable does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Equitable is 29.72%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Equitable will have a dividend payout ratio of 13.56% next year. This indicates that Equitable will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.30% of the float of Equitable has been sold short.

Short Interest Ratio / Days to Cover

Equitable has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equitable has recently decreased by 14.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.02

News Sentiment

Equitable has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Equitable this week, compared to 5 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Equitable insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,918,964.00 in company stock.

Percentage Held by Insiders

Only 1.10% of the stock of Equitable is held by insiders.

Percentage Held by Institutions

92.70% of the stock of Equitable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EQH Stock Analysis - Frequently Asked Questions

How have EQH shares performed this year?

Equitable's stock was trading at $33.30 at the beginning of 2024. Since then, EQH stock has increased by 24.2% and is now trading at $41.36.
View the best growth stocks for 2024 here.

How were Equitable's earnings last quarter?

Equitable Holdings, Inc. (NYSE:EQH) issued its quarterly earnings data on Tuesday, July, 30th. The company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $0.03. Equitable's revenue for the quarter was up 47.7% compared to the same quarter last year.

Does Equitable have any subsidiaries?

Equitable subsidiaries include these companies: 1285 Holdings LLC, 1740 Advisers Inc., 787 Holdings LLC, AB Bernstein Israel Ltd., AB Custom Alternative Investments LLC, AB Europe GmbH, AB Private Credit Investors LLC, and others.

When did Equitable IPO?

Equitable (EQH) raised $3.5 billion in an initial public offering (IPO) on Thursday, May 10th 2018. The company issued 137,300,000 shares at $24.00-$27.00 per share. Morgan Stanley, J.P. Morgan, Barclays and Citigroup served as the underwriters for the IPO and BofA Merrill Lynch, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, BNP PARIBAS, SOCIETE GENERALE, ING, Credit Agricole CIB, HSBC, Natixis, RBC Capital Markets, Lazard, BBVA, COMMERZBANK, Mizuho Securities, MUFG, PNC Capital Markets, SMBC Nikko, SunTrust Robinson Humphrey and UniCredit Capital Markets were co-managers.

Who are Equitable's major shareholders?

Equitable's top institutional shareholders include Canada Pension Plan Investment Board (5.74%), Pzena Investment Management LLC (5.73%), Hsbc Holdings PLC (2.10%) and Sessa Capital IM L.P. (1.54%). Insiders that own company stock include Mark Pearson, Nick Lane, Jeffrey J Hurd, Robin M Raju, Seth P Bernstein, Daniel G Kaye, Charles GT Stonehill, Bertram L Scott, William James Iv Eckert and Kristi Ann Matus.
View institutional ownership trends.

How do I buy shares of Equitable?

Shares of EQH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Equitable own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equitable investors own include AT&T (T), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA), Pfizer (PFE), CVS Health (CVS) and Chevron (CVX).

Company Calendar

• Last Earnings: 7/30/2024
• Ex-Dividend for 8/13 Dividend: 8/06/2024
• Dividend Payable: 8/13/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance
• Current Symbol: NYSE:EQH
• CUSIP: N/A
• CIK: 1333986
• Web: www.equitableholdings.com
• Phone: (212) 554-1234
• Fax: N/A
• Employees: 8,500
• Year Founded: 1859

Price Target and Rating

• Average Stock Price Target: $46.64
• High Stock Price Target: $59.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +12.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.23
• Trailing P/E Ratio: 12.80
• Forward P/E Ratio: 6.88
• P/E Growth: N/A
• Net Income: $1.30 billion
• Net Margins: 7.87%
• Pretax Margin: 13.75%
• Return on Equity: 87.49%
• Return on Assets: 0.67%

Debt

• Debt-to-Equity Ratio: 3.06
• Current Ratio: 0.12
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $11.53 billion
• Price / Sales: 1.17
• Cash Flow: $7.85 per share
• Price / Cash Flow: 5.27
• Book Value: $8.35 per share
• Price / Book: 4.95

Miscellaneous

• Outstanding Shares: 325,245,000
• Free Float: 321,667,000
• Market Cap: $13.45 billion
• Optionable: Optionable
• Beta: 1.42