Erste Group Bank Raises Earnings Estimates for Equinor ASA

Key Points

• Erste Group Bank raised its FY2027 EPS estimate for Equinor to $3.30 (from $3.03), compared with a consensus forecast of $3.46 per share.
• Equinor recently beat quarterly expectations with $0.81 EPS versus $0.60 expected and revenue of $25.26B (vs. $21.31B), and the stock trades near its 52‑week high with a market cap around $123.5B and a P/E of ~22.
• Equinor increased its quarterly dividend to $0.39 (annualized $1.56), a ~3.7% yield; the ex‑dividend date is May 15 and the payout ratio is about 67%.

Equinor ASA (NYSE:EQNR - Free Report) - Research analysts at Erste Group Bank boosted their FY2027 earnings per share estimates for Equinor ASA in a report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $3.30 for the year, up from their prior estimate of $3.03. The consensus estimate for Equinor ASA's current full-year earnings is $3.46 per share.

A number of other equities analysts have also recently commented on the company. Pareto Securities cut Equinor ASA from a "strong-buy" rating to a "hold" rating in a report on Friday, March 27th. TD Cowen lifted their price target on Equinor ASA from $25.00 to $37.00 and gave the stock a "hold" rating in a report on Friday, March 20th. Weiss Ratings upgraded Equinor ASA from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, January 12th. Jefferies Financial Group started coverage on Equinor ASA in a report on Thursday, January 8th. They set a "hold" rating for the company. Finally, Zacks Research upgraded Equinor ASA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $34.61.

Equinor ASA Trading Down 0.0%

Equinor ASA stock opened at $41.95 on Wednesday. Equinor ASA has a 52 week low of $21.41 and a 52 week high of $43.46. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.27. The stock has a market capitalization of $123.53 billion, a P/E ratio of 22.08 and a beta of 0.13. The stock has a 50-day simple moving average of $33.14 and a 200 day simple moving average of $27.14.

Equinor ASA (NYSE:EQNR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.21. Equinor ASA had a return on equity of 15.23% and a net margin of 4.74%.The business had revenue of $25.26 billion during the quarter, compared to analysts' expectations of $21.31 billion.

Institutional Investors Weigh In On Equinor ASA

Several institutional investors have recently made changes to their positions in EQNR. UMB Bank n.a. boosted its stake in shares of Equinor ASA by 1,794.0% in the fourth quarter. UMB Bank n.a. now owns 1,269 shares of the company's stock valued at $30,000 after buying an additional 1,202 shares during the period. Global Retirement Partners LLC raised its position in Equinor ASA by 86.2% during the fourth quarter. Global Retirement Partners LLC now owns 1,318 shares of the company's stock valued at $31,000 after purchasing an additional 610 shares in the last quarter. McIlrath & Eck LLC acquired a new position in Equinor ASA during the second quarter valued at approximately $36,000. Sound Income Strategies LLC raised its position in Equinor ASA by 119.2% during the fourth quarter. Sound Income Strategies LLC now owns 1,876 shares of the company's stock valued at $48,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Arax Advisory Partners raised its position in Equinor ASA by 78.6% during the fourth quarter. Arax Advisory Partners now owns 2,377 shares of the company's stock valued at $56,000 after purchasing an additional 1,046 shares in the last quarter. 5.51% of the stock is currently owned by institutional investors.

Equinor ASA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Friday, May 15th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.7%. This is an increase from Equinor ASA's previous quarterly dividend of $0.37. The ex-dividend date is Friday, May 15th. Equinor ASA's dividend payout ratio is presently 67.37%.

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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