Equinor ASA (EQNR) Projected to Post Earnings on Thursday

Equinor ASA (NYSE:EQNR - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect Equinor ASA to post earnings of $0.84 per share and revenue of $27.16 billion for the quarter.

Equinor ASA (NYSE:EQNR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.63 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.19). Equinor ASA had a net margin of 8.49% and a return on equity of 20.33%. On average, analysts expect Equinor ASA to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Equinor ASA Price Performance

Shares of NYSE EQNR traded down $0.29 during mid-day trading on Monday, reaching $23.03. The company's stock had a trading volume of 3,565,924 shares, compared to its average volume of 3,515,703. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.48 and a quick ratio of 1.36. Equinor ASA has a 52 week low of $21.41 and a 52 week high of $29.32. The stock has a fifty day moving average of $23.88 and a two-hundred day moving average of $24.00. The firm has a market capitalization of $64.32 billion, a PE ratio of 7.41, a P/E/G ratio of 0.58 and a beta of 0.58.

Equinor ASA Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Friday, May 16th will be paid a $0.304 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.22 annualized dividend and a yield of 5.28%. Equinor ASA's payout ratio is 38.91%.

Analysts Set New Price Targets

Several equities analysts have recently commented on EQNR shares. Nordea Equity Research raised shares of Equinor ASA from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. Pareto Securities upgraded Equinor ASA from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. Royal Bank of Canada reiterated a "sector perform" rating on shares of Equinor ASA in a research report on Thursday, February 6th. Danske upgraded Equinor ASA from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. Finally, Morgan Stanley decreased their price objective on Equinor ASA from $30.90 to $28.20 and set an "overweight" rating on the stock in a report on Monday, March 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Equinor ASA presently has an average rating of "Moderate Buy" and a consensus target price of $28.10.

Equinor ASA Company Profile

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.