Erste Group Bank Lifts Earnings Estimates for Equinor ASA

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for Equinor to $5.18 from $5.09, slightly below the $5.22 analyst consensus.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $39.20, despite recent upgrades from some firms.
• Equinor reported quarterly EPS of $1.33, missing estimates of $1.39, and declared a quarterly dividend of $0.39 per share, equivalent to a 3.5% annualized yield.

Equinor ASA (NYSE:EQNR - Free Report) - Analysts at Erste Group Bank boosted their FY2026 earnings estimates for Equinor ASA in a research report issued to clients and investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the company will earn $5.18 per share for the year, up from their previous forecast of $5.09. The consensus estimate for Equinor ASA's current full-year earnings is $5.22 per share.

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

Equinor ASA Stock Performance

Shares of NYSE EQNR opened at $44.77 on Monday. 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 $107.05 billion, a price-to-earnings ratio of 12.20, a P/E/G ratio of 2.13 and a beta of 0.03. The business's 50-day simple moving average is $40.01 and its 200-day simple moving average is $37.81. Equinor ASA has a 52 week low of $22.26 and a 52 week high of $45.54.

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

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 issued a dividend of $0.39 per share. The ex-dividend date is Monday, November 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.5%. Equinor ASA's payout ratio is 34.88%.

Institutional Trading of Equinor ASA

Hedge funds have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Equinor ASA during the 1st quarter worth approximately $35,000. Assetmark Inc. boosted its holdings in Equinor ASA by 130.2% during the first quarter. Assetmark Inc. now owns 1,036 shares of the company's stock valued at $44,000 after purchasing an additional 586 shares in the last quarter. Eastern Bank bought a new stake in shares of Equinor ASA in the 2nd quarter valued at approximately $35,000. UMB Bank n.a. grew its stake in shares of Equinor ASA by 1,794.0% in the 4th quarter. UMB Bank n.a. now owns 1,269 shares of the company's stock valued at $30,000 after purchasing an additional 1,202 shares during the period. Finally, Global Retirement Partners LLC raised its holdings 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 buying an additional 610 shares in the last quarter. 5.51% of the stock is owned by institutional investors.

About Equinor ASA

Equinor ASA is a Norwegian energy company engaged primarily in the exploration, development, production and marketing of oil and natural gas. The company also supplies crude oil, natural gas, refined petroleum products and electricity, and participates in energy trading and related activities.

Equinor has expanded beyond its traditional petroleum business into lower-carbon energy, including offshore wind, carbon capture and storage, and hydrogen-related projects. Its operations and partnerships span several regions, with significant activities on the Norwegian continental shelf as well as projects in Europe, North America, South America and other international markets.

The company was established in 1972 as Den norske stats oljeselskap, commonly known as Statoil, and adopted the name Equinor in 2018 to reflect its broader energy strategy.

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