What is Cormark's Estimate for EQB Q2 Earnings?

EQB Inc. (TSE:EQB - Free Report) - Cormark issued their Q2 2025 earnings estimates for EQB in a research note issued on Tuesday, May 20th. Cormark analyst L. Persaud expects 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.

Several other equities research analysts have also recently weighed in on EQB. Scotiabank cut their target price on EQB from C$130.00 to C$119.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Royal Bank of Canada reduced 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. Desjardins decreased their target price on shares of 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. Jefferies Financial Group dropped their price target on EQB from C$126.00 to C$107.00 in a research note on Monday, April 21st. Finally, National Bankshares boosted their price objective on EQB from C$109.00 to C$117.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$120.60.

EQB Trading Up 0.4%

Shares of TSE:EQB opened at C$95.51 on Thursday. The firm has a 50 day moving average of C$94.36 and a 200-day moving average of C$101.10. EQB has a 12 month low of C$78.24 and a 12 month high of C$114.22. The stock has a market capitalization of C$3.69 billion, a PE ratio of 14.89, a PEG 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 given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.14%. This is an increase from EQB's previous quarterly dividend of $0.49. The ex-dividend date was Friday, March 14th. EQB's dividend payout ratio (DPR) 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.

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