DOWLING & PARTN Expects Increased Earnings for Equitable

Key Points

• DOWLING & PARTN raised Equitable’s FY2026 EPS estimate to $7.25 from $7.15, above the current consensus estimate of $7.13.
• Equitable’s latest quarterly EPS of $1.70 beat expectations of $1.65, but revenue fell 29.8% year over year to $1.66 billion, well below analysts’ $3.84 billion forecast.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and a $61.17 average price target, while the company pays a quarterly dividend of $0.30, yielding about 2.4%.

Equitable Holdings, Inc. (NYSE:EQH - Free Report) - DOWLING & PARTN boosted their FY2026 earnings per share (EPS) estimates for Equitable in a research note issued on Friday, August 14th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the company will post earnings of $7.25 per share for the year, up from their prior estimate of $7.15. The consensus estimate for Equitable's current full-year earnings is $7.13 per share.

Equitable (NYSE:EQH - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.05. Equitable had a negative net margin of 8.72% and a positive return on equity of 511.35%. The firm had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $3.84 billion. During the same quarter last year, the company earned $1.10 earnings per share. The firm's revenue was down 29.8% compared to the same quarter last year.

Several other research firms have also recently issued reports on EQH. UBS Group lifted their price objective on shares of Equitable from $63.00 to $68.00 and gave the stock a "buy" rating in a research report on Wednesday, July 8th. Wolfe Research lowered Equitable from an "outperform" rating to a "peer perform" rating in a report on Thursday, July 9th. Keefe, Bruyette & Woods lifted their price target on Equitable from $62.00 to $67.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Weiss Ratings cut Equitable from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, August 5th. Finally, Mizuho set a $68.00 price objective on Equitable in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Equitable currently has an average rating of "Moderate Buy" and a consensus price target of $61.17.

Equitable Trading Down 3.9%

NYSE EQH opened at $51.02 on Tuesday. Equitable has a 52 week low of $35.19 and a 52 week high of $55.15. The firm has a 50 day moving average of $47.33 and a two-hundred day moving average of $43.31. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 8.75. The stock has a market capitalization of $13.93 billion, a PE ratio of -15.41, a price-to-earnings-growth ratio of 0.52 and a beta of 1.09.

Equitable Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, August 3rd. Equitable's dividend payout ratio is currently -36.25%.

Insider Buying and Selling

In other Equitable news, Director Bertram L. Scott sold 2,470 shares of the firm's stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $41.08, for a total transaction of $101,467.60. Following the transaction, the director owned 27,931 shares of the company's stock, valued at approximately $1,147,405.48. This trade represents a 8.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jeffrey J. Hurd sold 14,358 shares of Equitable stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $45.11, for a total value of $647,689.38. Following the sale, the chief operating officer owned 74,748 shares in the company, valued at $3,371,882.28. This trade represents a 16.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 114,541 shares of company stock valued at $5,357,784 over the last ninety days. Company insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EQH. Empowered Funds LLC purchased a new stake in Equitable in the second quarter valued at approximately $874,000. United Capital Financial Advisors LLC acquired a new position in shares of Equitable in the 2nd quarter valued at $413,000. Glazer Capital LLC purchased a new stake in Equitable in the 2nd quarter valued at $219,000. Equitable Holdings Inc. acquired a new stake in Equitable during the 2nd quarter worth $774,000. Finally, Jefferies Financial Group Inc. purchased a new position in Equitable during the 2nd quarter worth $1,167,000. Institutional investors and hedge funds own 92.70% of the company's stock.

About Equitable

Equitable Holdings, Inc NYSE: EQH is a leading provider of life insurance, annuities and retirement plan services in the United States. Through its insurance subsidiary, AXA Equitable Life Insurance Company, the firm offers a broad range of permanent and term life insurance products designed to help individuals and families manage risk and build wealth. In addition, Equitable provides fixed, variable and indexed annuity solutions to support income planning in retirement, as well as a suite of group retirement and pension plan services for employers and plan sponsors.

The company also maintains an asset management arm that delivers investment strategies across equities, fixed income and alternative asset classes for both retail and institutional clients.

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