Erste Group Bank Expects Reduced Earnings for Equinor ASA

Key Points

• Erste Group Bank lowered its FY2026 EPS estimate for Equinor to $5.11 from $5.13, though this remains above the analyst consensus of $4.93.
• Equinor’s shares were up 5.3%, opening at $40.98, while analysts maintained a consensus “Hold” rating and an average price target of $39.20.
• The company missed its latest quarterly EPS forecast, reporting $1.33 versus $1.39 expected, and declared a quarterly dividend of $0.39 per share, representing a 3.8% annualized yield.

Equinor ASA (NYSE:EQNR - Free Report) - Research analysts at Erste Group Bank cut their FY2026 earnings per share estimates for Equinor ASA in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $5.11 per share for the year, down from their prior estimate of $5.13. The consensus estimate for Equinor ASA's current full-year earnings is $4.93 per share.

A number of other equities research analysts have also recently commented on the stock. TD Cowen increased their price target on shares of Equinor ASA from $37.00 to $38.00 and gave the company a "hold" rating in a report on Friday, July 24th. Royal Bank Of Canada upgraded shares of Equinor ASA from an "underperform" rating to a "sector perform" rating in a report on Thursday, July 23rd. Wall Street Zen raised Equinor ASA from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Zacks Research downgraded Equinor ASA from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 25th. Finally, Weiss Ratings raised Equinor ASA from a "hold (c+)" rating to a "buy (b)" rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $39.20.

Equinor ASA Stock Up 5.3%

NYSE:EQNR opened at $40.98 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.10 and a current ratio of 1.18. The firm has a market cap of $97.97 billion, a P/E ratio of 11.17, a P/E/G ratio of 2.56 and a beta of 0.04. Equinor ASA has a fifty-two week low of $22.26 and a fifty-two week high of $43.46. The firm has a 50-day simple moving average of $36.01 and a two-hundred day simple moving average of $35.22.

Equinor ASA (NYSE:EQNR - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.06). The company had revenue of $34.02 billion during the quarter, compared to analysts' expectations of $34.03 billion. Equinor ASA had a return on equity of 23.60% and a net margin of 7.92%.

Hedge Funds Weigh In On Equinor ASA

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC purchased a new stake in Equinor ASA during the first quarter valued at approximately $35,000. Assetmark Inc. grew its position in shares of Equinor ASA by 130.2% during the 1st quarter. Assetmark Inc. now owns 1,036 shares of the company's stock valued at $44,000 after acquiring an additional 586 shares during the period. Eastern Bank bought a new stake in shares of Equinor ASA during the 2nd quarter valued at $35,000. UMB Bank n.a. grew its position in shares of Equinor ASA by 1,794.0% during the 4th quarter. UMB Bank n.a. now owns 1,269 shares of the company's stock valued at $30,000 after acquiring an additional 1,202 shares during the period. Finally, Global Retirement Partners LLC increased its stake in shares of Equinor ASA by 86.2% in the 4th quarter. Global Retirement Partners LLC now owns 1,318 shares of the company's stock worth $31,000 after purchasing an additional 610 shares in the last quarter. Hedge funds and other institutional investors own 5.51% of the company's stock.

Equinor ASA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 16th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.56 annualized dividend and a dividend yield of 3.8%. Equinor ASA's dividend payout ratio is presently 34.88%.

Equinor ASA Company Profile

Equinor ASA NYSE: EQNR is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway's petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor's operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.

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