Raymond James Has Pessimistic Outlook of EQB Q3 Earnings

EQB Inc. (TSE:EQB - Free Report) - Stock analysts at Raymond James reduced their Q3 2025 earnings per share estimates for shares of EQB in a research report issued on Thursday, May 29th. Raymond James analyst S. Boland now forecasts that the company will earn $2.62 per share for the quarter, down from their prior estimate of $2.97. The consensus estimate for EQB's current full-year earnings is $12.60 per share. Raymond James also issued estimates for EQB's Q1 2026 earnings at $2.84 EPS and Q3 2026 earnings at $3.04 EPS.

A number of other equities analysts also recently weighed in on the stock. Royal Bank of Canada dropped their price target on shares of EQB from C$153.00 to C$147.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. Jefferies Financial Group lowered their price target on EQB from C$126.00 to C$107.00 in a research report on Monday, April 21st. National Bankshares lowered their price target on EQB from C$117.00 to C$111.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 22nd. CIBC lowered their price target on EQB from C$130.00 to C$126.00 in a research report on Thursday, May 22nd. Finally, Desjardins lowered their price target on EQB from C$130.00 to C$126.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$119.60.

EQB Trading Down 0.2%

TSE:EQB traded down C$0.22 during trading hours on Monday, hitting C$92.08. 1,577 shares of the stock traded hands, compared to its average volume of 83,673. EQB has a fifty-two week low of C$85.14 and a fifty-two week high of C$114.22. The firm has a market cap of C$3.56 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 0.34 and a beta of 1.59. The firm has a 50 day moving average price of C$93.93 and a 200 day moving average price of C$100.18.

EQB Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.30%. The ex-dividend date is Friday, June 13th. This is a boost from EQB's previous quarterly dividend of $0.51. EQB's payout ratio is 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.