
Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Stock analysts at DA Davidson upped their FY2026 earnings per share estimates for shares of Equity Bancshares in a note issued to investors on Wednesday, September 3rd. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $5.00 for the year, up from their prior estimate of $4.50. DA Davidson currently has a "Neutral" rating and a $45.00 price target on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share.
Separately, Keefe, Bruyette & Woods increased their target price on Equity Bancshares from $45.00 to $47.00 and gave the company a "market perform" rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $48.40.
View Our Latest Report on Equity Bancshares
Equity Bancshares Trading Down 0.5%
EQBK stock traded down $0.20 during trading on Friday, hitting $42.24. 82,367 shares of the company traded hands, compared to its average volume of 76,530. The firm has a market capitalization of $811.67 million, a PE ratio of 10.61 and a beta of 0.83. Equity Bancshares has a 1 year low of $34.11 and a 1 year high of $50.85. The company has a 50-day moving average of $40.22 and a 200-day moving average of $39.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.86 and a current ratio of 0.86.
Hedge Funds Weigh In On Equity Bancshares
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its stake in Equity Bancshares by 282.0% in the second quarter. Osaic Holdings Inc. now owns 680 shares of the bank's stock worth $28,000 after acquiring an additional 502 shares during the period. Bellwether Advisors LLC purchased a new position in Equity Bancshares during the 1st quarter valued at $39,000. State of Wyoming bought a new position in Equity Bancshares in the 2nd quarter worth $59,000. Tower Research Capital LLC TRC raised its holdings in Equity Bancshares by 233.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,925 shares of the bank's stock worth $79,000 after purchasing an additional 1,347 shares in the last quarter. Finally, CWM LLC raised its holdings in Equity Bancshares by 311.5% in the 1st quarter. CWM LLC now owns 2,041 shares of the bank's stock worth $80,000 after purchasing an additional 1,545 shares in the last quarter. Institutional investors own 71.80% of the company's stock.
About Equity Bancshares
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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.
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