Equity Bancshares (NASDAQ:EQBK - Free Report) had its target price lifted by DA Davidson from $39.00 to $44.00 in a report released on Wednesday,Benzinga reports. They currently have a neutral rating on the bank's stock. DA Davidson also issued estimates for Equity Bancshares' Q3 2025 earnings at $1.01 EPS, FY2025 earnings at $3.90 EPS and FY2026 earnings at $4.50 EPS.
A number of other analysts have also recently commented on the stock. Janney Montgomery Scott assumed coverage on Equity Bancshares in a research note on Thursday, April 3rd. They set a "neutral" rating on the stock. Piper Sandler lowered their price objective on shares of Equity Bancshares from $46.00 to $44.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Equity Bancshares from $44.00 to $45.00 and gave the stock a "market perform" rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Equity Bancshares currently has a consensus rating of "Moderate Buy" and an average price target of $47.80.
Read Our Latest Analysis on EQBK
Equity Bancshares Stock Performance
Shares of EQBK stock traded down $0.56 during mid-day trading on Wednesday, reaching $39.79. The stock had a trading volume of 86,694 shares, compared to its average volume of 62,622. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. The firm's 50 day simple moving average is $40.43 and its 200 day simple moving average is $40.51. The firm has a market cap of $696.96 million, a PE ratio of 10.00 and a beta of 0.78. Equity Bancshares has a one year low of $32.95 and a one year high of $50.85.
Equity Bancshares Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Monday, June 30th. Equity Bancshares's dividend payout ratio is currently 14.89%.
Insiders Place Their Bets
In other Equity Bancshares news, COO Julie A. Huber sold 4,000 shares of the business's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $39.10, for a total transaction of $156,400.00. Following the transaction, the chief operating officer owned 57,688 shares in the company, valued at $2,255,600.80. The trade was a 6.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Equity Bancshares
A number of institutional investors have recently modified their holdings of EQBK. Goldman Sachs Group Inc. raised its holdings in Equity Bancshares by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 90,037 shares of the bank's stock valued at $3,547,000 after acquiring an additional 17,196 shares during the last quarter. Strs Ohio acquired a new position in shares of Equity Bancshares in the first quarter valued at approximately $154,000. Empowered Funds LLC boosted its stake in shares of Equity Bancshares by 5.4% in the 1st quarter. Empowered Funds LLC now owns 61,768 shares of the bank's stock valued at $2,434,000 after buying an additional 3,187 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Equity Bancshares in the 1st quarter valued at approximately $553,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Equity Bancshares by 18.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,679 shares of the bank's stock valued at $381,000 after acquiring an additional 1,521 shares during the last quarter. Hedge funds and other institutional investors own 71.80% of the company's stock.
Equity Bancshares Company Profile
(
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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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