Analysts Issue Forecasts for EQBK Q2 Earnings

Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 EPS estimates for Equity Bancshares in a report released on Thursday, April 17th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings of $0.92 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $39.00 target price on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share.

A number of other research firms have also recently commented on EQBK. Stephens decreased their target price on shares of Equity Bancshares from $52.00 to $49.00 and set an "overweight" rating for the company in a research report on Friday, January 24th. Hovde Group raised their price objective on Equity Bancshares from $56.00 to $57.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods cut their price target on shares of Equity Bancshares from $46.00 to $44.00 and set a "market perform" rating on the stock in a report on Monday, April 7th. Janney Montgomery Scott started coverage on shares of Equity Bancshares in a report on Thursday, April 3rd. They issued a "neutral" rating on the stock. Finally, Piper Sandler lowered their price target on shares of Equity Bancshares from $46.00 to $44.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $46.60.

Equity Bancshares Stock Up 1.5 %

Shares of EQBK stock traded up $0.56 on Friday, hitting $38.35. The stock had a trading volume of 16,188 shares, compared to its average volume of 56,100. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. Equity Bancshares has a one year low of $31.75 and a one year high of $50.85. The business has a 50 day moving average price of $39.44 and a 200 day moving average price of $42.54. The company has a market cap of $671.47 million, a PE ratio of 9.64 and a beta of 0.73.

Hedge Funds Weigh In On Equity Bancshares

Hedge funds have recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Equity Bancshares in the fourth quarter valued at about $54,000. Aquatic Capital Management LLC acquired a new stake in shares of Equity Bancshares in the fourth quarter valued at approximately $98,000. Quantbot Technologies LP boosted its stake in Equity Bancshares by 139.9% during the fourth quarter. Quantbot Technologies LP now owns 2,725 shares of the bank's stock worth $116,000 after buying an additional 1,589 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Equity Bancshares during the 4th quarter worth $119,000. Finally, GAMMA Investing LLC boosted its position in shares of Equity Bancshares by 81,650.0% during the 1st quarter. GAMMA Investing LLC now owns 3,270 shares of the bank's stock valued at $129,000 after acquiring an additional 3,266 shares during the last quarter. Institutional investors and hedge funds own 71.80% of the company's stock.

Equity Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.56%. Equity Bancshares's dividend payout ratio (DPR) is presently 15.27%.

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.