Brokers Issue Forecasts for EQB's Q2 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB - Free Report) - Equities research analysts at Cormark issued their Q2 2025 earnings per share estimates for EQB in a research report issued on Tuesday, May 20th. Cormark analyst L. Persaud anticipates that the company will earn $2.62 per share for the quarter. The consensus estimate for EQB's current full-year earnings is $12.60 per share.

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

EQB Stock Up 0.1%

EQB traded up C$0.11 during midday trading on Thursday, reaching C$97.02. The company had a trading volume of 33,071 shares, compared to its average volume of 74,461. The business has a 50-day moving average of C$94.33 and a two-hundred day moving average of C$100.81. EQB has a 1 year low of C$78.24 and a 1 year high of C$114.22. The company has a market cap of C$3.75 billion, a P/E ratio of 15.13, a P/E/G ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from EQB's previous quarterly dividend of $0.49. EQB's dividend payout ratio is 29.31%.

About EQB

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.