Q2 EPS Estimates for Equity Bancshares Lifted by DA Davidson

Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Equities research analysts at DA Davidson upped their Q2 2025 earnings per share estimates for shares of Equity Bancshares in a research report issued on Friday, June 27th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings per share of $0.93 for the quarter, up from their prior estimate of $0.92. DA Davidson has a "Neutral" rating and a $39.00 price objective on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share. DA Davidson also issued estimates for Equity Bancshares' FY2025 earnings at $3.87 EPS and FY2026 earnings at $4.45 EPS.

Several other research analysts have also recently issued reports on EQBK. Piper Sandler dropped their price target on Equity Bancshares from $46.00 to $44.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Keefe, Bruyette & Woods cut their target price on Equity Bancshares from $46.00 to $44.00 and set a "market perform" rating on the stock in a research report on Monday, April 7th. Finally, Janney Montgomery Scott initiated coverage on Equity Bancshares in a research note on Thursday, April 3rd. They issued a "neutral" rating on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $46.60.

Equity Bancshares Stock Up 0.8%

NASDAQ EQBK opened at $41.14 on Monday. Equity Bancshares has a 12 month low of $32.95 and a 12 month high of $50.85. The company has a market capitalization of $720.53 million, a P/E ratio of 10.34 and a beta of 0.78. The company's 50 day simple moving average is $39.34 and its 200 day simple moving average is $40.59. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.86 and a quick ratio of 0.86.

Equity Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Monday, June 30th. Equity Bancshares's payout ratio is presently 15.27%.

Insider Activity

In related news, COO Julie A. Huber sold 4,000 shares of the firm's stock in a transaction that occurred 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 now owns 57,688 shares of the company's stock, valued at approximately $2,255,600.80. This trade represents a 6.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bellwether Advisors LLC acquired a new position in shares of Equity Bancshares during the first quarter worth approximately $39,000. CWM LLC raised its stake in Equity Bancshares by 311.5% during the 1st quarter. CWM LLC now owns 2,041 shares of the bank's stock valued at $80,000 after purchasing an additional 1,545 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in Equity Bancshares during the 4th quarter valued at $98,000. Quantbot Technologies LP boosted its holdings in Equity Bancshares by 139.9% in the 4th quarter. Quantbot Technologies LP now owns 2,725 shares of the bank's stock valued at $116,000 after purchasing an additional 1,589 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in Equity Bancshares in the 4th quarter worth $119,000. 71.80% of the stock is owned by institutional investors.

Equity Bancshares Company Profile

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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