Equity Bancshares - EQBK Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity Bancshares in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EQBK shares.
View EQBK analyst ratings or view top-rated stocks.

1 brokerages have issued 12-month price targets for Equity Bancshares' shares. Their EQBK share price forecasts range from $33.00 to $37.00. On average, they predict the company's share price to reach $35.00 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
View analysts price targets for EQBK or view top-rated stocks among Wall Street analysts.

Equity Bancshares' stock was trading at $32.67 at the beginning of 2023. Since then, EQBK stock has decreased by 24.3% and is now trading at $24.72.
View the best growth stocks for 2023 here.

Equity Bancshares saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 176,400 shares, a drop of 7.7% from the February 13th total of 191,200 shares. Based on an average daily volume of 52,100 shares, the short-interest ratio is presently 3.4 days. Approximately 1.3% of the company's stock are sold short.
View Equity Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023.
View our EQBK earnings forecast.

Equity Bancshares, Inc. (NASDAQ:EQBK) released its quarterly earnings results on Wednesday, January, 25th. The bank reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by $0.06. The bank earned $50.36 million during the quarter, compared to analysts' expectations of $50.89 million. Equity Bancshares had a trailing twelve-month return on equity of 14.55% and a net margin of 25.73%.

Equity Bancshares declared a quarterly dividend on Wednesday, December 14th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.10 per share on Tuesday, January 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for EQBK.

ETFs with the largest weight of Equity Bancshares (NASDAQ:EQBK) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust NASDAQ ABA Community Bank Index Fund (QABA).

Equity Bancshares (NASDAQ:EQBK) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.63%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQBK will have a dividend payout ratio of 12.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQBK.

45 employees have rated Equity Bancshares Chief Executive Officer Brad Elliott on Glassdoor.com. Brad Elliott has an approval rating of 56% among the company's employees. This puts Brad Elliott in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 61.0% of employees surveyed would recommend working at Equity Bancshares to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Bancshares investors own include Ionis Pharmaceuticals (IONS), Canadian Imperial Bank of Commerce (CM), Dominion Energy (D), DocuSign (DOCU), Entergy (ETR), Marathon Petroleum (MPC), (NSPH) (NSPH), People's United Financial (PBCT), Primo Water (PRMW) and Exxon Mobil (XOM).

Equity Bancshares trades on the NASDAQ under the ticker symbol "EQBK."

Equity Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (8.60%), FJ Capital Management LLC (6.47%), Dimensional Fund Advisors LP (4.71%), The Manufacturers Life Insurance Company (2.65%), Geode Capital Management LLC (1.70%) and HighTower Advisors LLC (1.17%). Insiders that own company stock include Brad S Elliott, Brad S Elliott, Brett A Reber, Craig L Anderson, Edwin G Lawson, Eric R Newell, Gary C Allerheiligen, Gregory H Kossover, Gregory L Gaeddert, James L Berglund, John Blakeney, Julie A Huber, Patrick J Harbert and Tina Marie Call.
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Shares of EQBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EQBK stock can currently be purchased for approximately $24.72.

Equity Bancshares (NASDAQ:EQBK) has a market capitalization of $390.58 million and generates $224.21 million in revenue each year. The bank earns $57.69 million in net income (profit) each year or $3.52 on an earnings per share basis.

The company employs 702 workers across the globe.

Equity Bancshares' mailing address is 7701 EAST KELLOGG DRIVE SUITE 300, WICHITA KS, 67207. The official website for the company is www.equitybank.com. The bank can be reached via phone at (316) 612-6000, via email at cnavratil@equitybank.com, or via fax at 316-681-2325.