Raymond James Financial Forecasts Reduced Earnings for EQB

Key Points

• Raymond James Financial has reduced its Q3 2025 earnings estimates for EQB Inc. from $2.62 to $2.27 per share.
• EQB recently declared a **quarterly dividend increase** from $0.51 to $0.53, representing an annualized yield of 2.1%.
• CIBC and BMO Capital Markets have also lowered their price targets for EQB, indicating a shift in market sentiment towards the stock.

EQB Inc. (TSE:EQB - Free Report) - Equities researchers at Raymond James Financial lowered their Q3 2025 earnings estimates for shares of EQB in a research note issued to investors on Wednesday, August 13th. Raymond James Financial analyst S. Boland now anticipates that the company will post earnings per share of $2.27 for the quarter, down from their previous forecast of $2.62. The consensus estimate for EQB's current full-year earnings is $12.60 per share. Raymond James Financial also issued estimates for EQB's FY2025 earnings at $9.95 EPS.

Other equities research analysts have also issued research reports about the stock. CIBC decreased their price target on shares of EQB from C$130.00 to C$126.00 in a research note on Thursday, May 22nd. BMO Capital Markets lowered shares of EQB from a "strong-buy" rating to a "hold" rating and reduced their price objective for the company from C$115.00 to C$111.00 in a research note on Tuesday. National Bankshares reduced their price objective on shares of EQB from C$117.00 to C$111.00 and set a "sector perform" rating for the company in a research note on Thursday, May 22nd. Jefferies Financial Group lifted their price objective on shares of EQB from C$107.00 to C$119.00 in a research note on Wednesday. Finally, Desjardins set a C$110.00 price target on shares of EQB and gave the company a "buy" rating in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, EQB currently has a consensus rating of "Moderate Buy" and a consensus price target of C$118.40.

EQB Stock Down 0.1%

EQB stock opened at C$101.58 on Friday. EQB has a 52 week low of C$85.14 and a 52 week high of C$114.22. The company's 50 day moving average price is C$99.91 and its two-hundred day moving average price is C$98.32. The stock has a market cap of C$3.93 billion, a P/E ratio of 15.84, a P/E/G ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were paid a $0.53 dividend. This is a boost from EQB's previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 13th. EQB's payout ratio is presently 29.31%.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.

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