Desjardins Issues Negative Estimate for EQB Earnings

Key Points

• Desjardins has revised its Q3 2025 earnings estimate for EQB Inc., lowering it from $2.70 to $2.31 per share while maintaining a "Buy" rating with a target price of $110.00.
• Multiple research firms, including BMO Capital Markets and National Bankshares, have recently decreased their price targets for EQB, with a consensus average target price of C$118.40.
• The company announced a dividend increase to $0.53 per share, reflecting a positive trend from the previous dividend and representing a yield of 2.1%.

EQB Inc. (TSE:EQB - Free Report) - Equities researchers at Desjardins cut their Q3 2025 earnings per share (EPS) estimates for shares of EQB in a report issued on Tuesday, August 12th. Desjardins analyst D. Young now anticipates that the company will post earnings of $2.31 per share for the quarter, down from their previous forecast of $2.70. Desjardins has a "Buy" rating and a $110.00 price objective on the stock. The consensus estimate for EQB's current full-year earnings is $12.60 per share.

A number of other research firms have also recently issued reports on EQB. BMO Capital Markets cut EQB from a "strong-buy" rating to a "hold" rating and lowered their price objective for the company from C$115.00 to C$111.00 in a research report on Tuesday. National Bankshares lowered their price objective on EQB from C$117.00 to C$111.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 22nd. CIBC lowered their price objective on EQB from C$130.00 to C$126.00 in a research report on Thursday, May 22nd. Finally, Jefferies Financial Group boosted their price objective on EQB from C$107.00 to C$119.00 in a research report on Wednesday. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, EQB currently has a consensus rating of "Moderate Buy" and an average target price of C$118.40.

EQB Trading Down 0.1%

EQB opened at C$101.58 on Friday. The stock has a market cap of C$3.93 billion, a PE ratio of 15.84, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a 1 year low of C$85.14 and a 1 year high of C$114.22. The stock's 50 day simple moving average is C$99.91 and its 200-day simple moving average is C$98.32.

EQB Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.1%. This is a positive change from EQB's previous quarterly dividend of $0.51. The ex-dividend date was Friday, June 13th. EQB's dividend payout ratio (DPR) is currently 29.31%.

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.

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