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: $46.74 to $47.41
• 50-Day Range: $39.03 to $50.40
• 52-Week Range: $28.02 to $50.51
• Volume: 2.34 million shs
• Average Volume: 2.50 million shs
• Market Capitalization: $14.76 billion
• P/E Ratio: N/A
• Dividend Yield: 2.04%
• Price Target: $48.70
• Consensus Rating: Moderate Buy

Equitable Stock Analysis - MarketRank™

Equitable scored higher than 64% of companies evaluated by MarketBeat, and ranked 456th out of 953 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: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equitable has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equitable has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 18.91%

Earnings Growth

Earnings for Equitable are expected to grow by 18.91% in the coming year, from $6.03 to $7.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equitable is -43.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equitable is -43.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Equitable has a P/B Ratio of 4.33. 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

1.31% 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 1.9, 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 14.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Equitable pays a meaningful dividend of 2.01%, 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 Sustainability

Based on earnings estimates, Equitable will have a dividend payout ratio of 13.39% 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

1.31% 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 1.9, 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 14.29%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 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 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Equitable this week, compared to 6 articles on an average week.

Search Interest

6 people have searched for EQH on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Equitable to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

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 $4,286,705.00 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 the year. Since then, EQH stock has increased by 41.5% and is now trading at $47.12.
View the best growth stocks for 2024 here.

How were Equitable's earnings last quarter?

Equitable Holdings, Inc. (NYSE:EQH) posted its earnings results on Monday, November, 4th. The company reported $1.53 EPS for the quarter, hitting the consensus estimate of $1.53. The business's quarterly revenue was down 15.1% compared to the same quarter last year.

Does Equitable have any subsidiaries?

The following companies are subsidiaries of Equitable: 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 more.

When did Equitable IPO?

Equitable (EQH) raised $3.5 billion in an 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 investors include Pzena Investment Management LLC (5.18%), State Street Corp (4.14%), Geode Capital Management LLC (1.81%) and Wellington Management Group LLP (1.76%). 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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Costco Wholesale (COST) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/18/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

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: $48.70
• High Stock Price Target: $60.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 7.87
• P/E Growth: N/A
• Net Income: $1.30 billion
• Net Margins: -2.64%
• Pretax Margin: 0.88%
• Return on Equity: 76.47%
• Return on Assets: 0.68%

Debt

• Debt-to-Equity Ratio: 1.63
• Current Ratio: 0.12
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $10.53 billion
• Price / Sales: 1.41
• Cash Flow: $7.40 per share
• Price / Cash Flow: 6.41
• Book Value: $10.89 per share
• Price / Book: 4.36

Miscellaneous

• Outstanding Shares: 313,340,000
• Free Float: 309,890,000
• Market Cap: $14.86 billion
• Optionable: Optionable
• Beta: 1.40