Analysts Issue Forecasts for EQB's Q3 Earnings (TSE: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 EPS estimates for EQB in a research note issued to investors on Wednesday, August 13th. Raymond James Financial analyst S. Boland now forecasts that the company will post earnings per share of $2.27 for the quarter, down from their previous estimate 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.

Several other analysts have also issued reports on EQB. BMO Capital Markets lowered EQB from an "outperform" rating to a "hold" rating and reduced their target price for the stock from C$115.00 to C$111.00 in a report on Tuesday, August 12th. Desjardins set a C$110.00 price target on shares of EQB and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Scotiabank upgraded EQB to a "hold" rating in a research note on Monday. National Bankshares lowered their price target on EQB from C$106.00 to C$104.00 and set a "sector perform" rating for the company in a report on Friday, August 15th. Finally, CIBC reduced their price objective on EQB from C$130.00 to C$126.00 in a research note on Thursday, May 22nd. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of C$117.70.

EQB Price Performance

EQB stock traded down C$0.54 during mid-day trading on Friday, reaching C$100.48. 24,668 shares of the company were exchanged, compared to its average volume of 84,786. The firm has a market cap of C$3.89 billion, a PE ratio of 15.67, a PEG ratio of 0.34 and a beta of 1.59. The company has a fifty day simple moving average of C$100.42 and a 200-day simple moving average of C$98.06. EQB has a 12 month low of C$85.14 and a 12 month high of C$114.22.

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 given a $0.53 dividend. This is an increase from EQB's previous quarterly dividend of $0.51. The ex-dividend date was Friday, June 13th. This represents a $2.12 annualized dividend and a yield of 2.1%. EQB's dividend payout ratio is currently 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.