Erste Group Bank Lowers Earnings Estimates for Equinor ASA

Key Points

• Erste Group Bank slightly lowered Equinor’s FY2026 EPS estimate to $5.09 from $5.11, still above the $4.92 consensus estimate, and projected FY2027 EPS of $4.00.
• Equinor’s latest quarterly results missed expectations, with EPS of $1.33 versus the $1.39 consensus, while revenue of $34.02 billion was roughly in line with estimates.
• Analyst sentiment remains mixed but averages to a “Hold” rating, with a consensus price target of $39.20; the company also declared a quarterly dividend of $0.39 per share, representing a 3.8% yield.

Equinor ASA (NYSE:EQNR - Free Report) - Equities researchers at Erste Group Bank lowered their FY2026 earnings estimates for shares of Equinor ASA in a report issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $5.09 for the year, down from their previous estimate of $5.11. The consensus estimate for Equinor ASA's current full-year earnings is $4.92 per share. Erste Group Bank also issued estimates for Equinor ASA's FY2027 earnings at $4.00 EPS.

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

A number of other equities research analysts have also weighed in on the stock. TD Cowen upped their target price on shares of Equinor ASA from $37.00 to $38.00 and gave the stock a "hold" rating in a report on Friday, July 24th. Weiss Ratings upgraded Equinor ASA from a "hold (c+)" rating to a "buy (b)" rating in a research note on Thursday, July 23rd. Zacks Research lowered Equinor ASA from a "strong-buy" rating to a "hold" rating in a report on Monday, May 25th. Wall Street Zen downgraded Equinor ASA from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 22nd. Finally, Royal Bank Of Canada upgraded Equinor ASA from an "underperform" rating to a "sector perform" rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $39.20.

Equinor ASA Price Performance

Equinor ASA stock opened at $41.39 on Monday. The firm has a market capitalization of $98.95 billion, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 2.73 and a beta of 0.04. The firm's fifty day moving average price is $37.64 and its two-hundred day moving average price is $36.73. Equinor ASA has a 1-year low of $22.26 and a 1-year high of $43.46. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 0.56.

Equinor ASA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors 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 annualized dividend and a yield of 3.8%. Equinor ASA's payout ratio is 34.88%.

Institutional Investors Weigh In On Equinor ASA

A number of institutional investors have recently added to or reduced their stakes in EQNR. Royal Bank of Canada boosted its stake in shares of Equinor ASA by 11.1% in the 1st quarter. Royal Bank of Canada now owns 148,723 shares of the company's stock worth $3,932,000 after buying an additional 14,913 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of Equinor ASA during the first quarter valued at approximately $263,000. Empowered Funds LLC increased its position in shares of Equinor ASA by 1.9% during the first quarter. Empowered Funds LLC now owns 112,194 shares of the company's stock valued at $2,968,000 after acquiring an additional 2,112 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Equinor ASA during the first quarter worth $816,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Equinor ASA by 50.3% during the second quarter. EverSource Wealth Advisors LLC now owns 5,230 shares of the company's stock worth $131,000 after acquiring an additional 1,751 shares during the period. 5.51% of the stock is owned by institutional investors.

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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