NASDAQ:EQBKEquity BancShares Stock Price, Forecast & News

$16.44

-0.60 (-3.52 %)

(As of 05/29/2020 03:42 PM ET)

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Today's Range

$16.09

Now: $16.44▼

$16.91

50-Day Range

$13.25

MA: $16.30▼

$20.50

52-Week Range

$12.49

Now: $16.44▼

$31.91

Volume38,932 shs

Average Volume57,064 shs

Market Capitalization$249.89 million

P/E Ratio8.39

Dividend YieldN/A

Beta0.93

Equity Bancshares, Inc. operates as a bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company accepts various deposit products, including demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction loans, homebuilder, agricultural, government guaranteed, and other loans, as well as letters of credit to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses. The company's loan products also comprise various consumer loans to individuals and professionals, including residential real estate loans, home equity loans, home equity lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides debit cards; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, and automated clearing house and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. As of February 22, 2018, it operated 42 full-service branches located in Kansas, Missouri, Arkansas, and Oklahoma. Equity Bancshares, Inc. was founded in 2002 and is headquartered in Wichita, Kansas.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Equity BancShares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.00, Equity BancShares has a potential upside of 33.8% from its current price of $16.44.
Amount of Analyst Coverage
Equity BancShares has only been the subject of 1 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Equity BancShares has received 121 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Equity BancShares has received 225 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Equity BancShares has received 65.03% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Equity BancShares and other stocks. Vote “Outperform” if you believe EQBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EQBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Equity BancShares does not currently pay a dividend.
Dividend Growth
Equity BancShares does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Equity BancShares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $30,862.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.60% of the stock of Equity BancShares is held by insiders.
Percentage Held by Institutions
66.66% of the stock of Equity BancShares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Equity BancShares are expected to grow by 16.89% in the coming year, from $1.48 to $1.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Equity BancShares is 8.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Equity BancShares is 8.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.12.
Price to Book Value per Share Ratio
Equity BancShares has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.29 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:EQBK

Previous Symbol

CUSIPN/A

CIK1227500

Webwww.equitybank.com

Phone316-612-6000

Debt

Debt-to-Equity Ratio0.93

Current Ratio0.88

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio8.39

Forward P/E Ratio11.11

P/E GrowthN/A

Sales & Book Value

Annual Sales$200.49 million

Price / Sales1.25

Cash Flow$2.52 per share

Price / Cash Flow6.52

Book Value$31.41 per share

Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$1.77

Net Income$25.58 million

Net Margins15.63%

Return on Equity6.98%

Return on Assets0.81%

Miscellaneous

EmployeesN/A

Outstanding Shares15,200,000

Market Cap$249.89 million

Next Earnings Date7/27/2020 (Estimated)

OptionableNot Optionable

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Equity BancShares (NASDAQ:EQBK) Frequently Asked Questions

How has Equity BancShares' stock been impacted by COVID-19 (Coronavirus)?

Equity BancShares' stock was trading at $20.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EQBK shares have decreased by 21.5% and is now trading at $16.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Equity BancShares?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity BancShares in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Equity BancShares.

When is Equity BancShares' next earnings date?

Equity BancShares is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Equity BancShares.

How were Equity BancShares' earnings last quarter?

Equity BancShares Inc (NASDAQ:EQBK) announced its quarterly earnings results on Wednesday, April, 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.46 by $0.38. The bank had revenue of $37.40 million for the quarter, compared to analyst estimates of $37.51 million. Equity BancShares had a return on equity of 6.98% and a net margin of 15.63%. View Equity BancShares' earnings history.

What price target have analysts set for EQBK?

2 equities research analysts have issued 1-year price objectives for Equity BancShares' stock. Their forecasts range from $22.00 to $22.00. On average, they expect Equity BancShares' share price to reach $22.00 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price. View analysts' price targets for Equity BancShares.

Has Equity BancShares been receiving favorable news coverage?

News coverage about EQBK stock has been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Equity BancShares earned a news sentiment score of 0.7 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutEquity BancShares.

Are investors shorting Equity BancShares?

Equity BancShares saw a increase in short interest in May. As of May 15th, there was short interest totaling 189,800 shares, an increase of 10.2% from the April 30th total of 172,300 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.3% of the shares of the stock are short sold. View Equity BancShares' Current Options Chain.

Who are some of Equity BancShares' key competitors?

Some companies that are related to Equity BancShares include First Busey (BUSE), Southside Bancshares (SBSI), S & T Bancorp (STBA), Veritex (VBTX), 1st Source (SRCE), TriCo Bancshares (TCBK), German American Bancorp. (GABC), Great Western Bancorp (GWB), Oritani Financial (ORIT), Enterprise Financial Services (EFSC), Carolina Financial (CARO), FB Financial (FBK), Stock Yards Bancorp (SYBT), First Bancorp (FBNC) and Republic Bancorp, Inc. KY (RBCAA). View all competitors.

What other stocks do shareholders of Equity BancShares own?

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), Nanosphere (NSPH), People's United Financial (PBCT), Primo Water (PRMW) and Exxon Mobil (XOM).

Who are Equity BancShares' key executives?

Equity BancShares' management team includes the following people:

Mr. Brad S. Elliott, Chairman, Pres & CEO (Age 53)
Mr. Gregory H. Kossover, Exec. VP, CFO & Director (Age 56)
Mr. Wendell L. Bontrager, Pres of Equity Bank (Age 50)
Mr. Craig L. Anderson, Exec. VP & COO (Age 59)
Mr. Jacob Willis, Investor Relations Officer

What is Equity BancShares' stock symbol?

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

Who are Equity BancShares' major shareholders?

Equity BancShares' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.70%), Mendon Capital Advisors Corp (5.86%), The Manufacturers Life Insurance Company (2.81%), Geode Capital Management LLC (1.42%), RMB Capital Management LLC (1.36%) and Banc Funds Co. LLC (1.32%). Company insiders that own Equity BancShares stock include Craig L Anderson, Gary C Allerheiligen, Gregory L Gaeddert, Harvey R Sorensen, James L Berglund, Julie A Huber, Shawn David Penner and Wendell Bontrager. View institutional ownership trends for Equity BancShares.

Which institutional investors are selling Equity BancShares stock?

EQBK stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Mendon Capital Advisors Corp, Banc Funds Co. LLC, Morgan Stanley, UBS Group AG, First Trust Advisors LP, UMB Bank N A MO, and The Manufacturers Life Insurance Company . View insider buying and selling activity for Equity BancShares.

Which institutional investors are buying Equity BancShares stock?

EQBK stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., Windsor Creek Advisors LLC, BlackRock Inc., Geode Capital Management LLC, and IndexIQ Advisors LLC. Company insiders that have bought Equity BancShares stock in the last two years include Craig L Anderson, Gary C Allerheiligen, Gregory L Gaeddert, Harvey R Sorensen, James L Berglund, Shawn David Penner, and Wendell Bontrager. View insider buying and selling activity for Equity BancShares.

How do I buy shares of Equity BancShares?

Shares of EQBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Equity BancShares' stock price today?

One share of EQBK stock can currently be purchased for approximately $16.44.

How big of a company is Equity BancShares?

Equity BancShares has a market capitalization of $249.89 million and generates $200.49 million in revenue each year. The bank earns $25.58 million in net income (profit) each year or $1.77 on an earnings per share basis.

What is Equity BancShares' official website?

The official website for Equity BancShares is www.equitybank.com.

How can I contact Equity BancShares?

Equity BancShares' mailing address is 7701 EAST KELLOGG DRIVE SUITE 300, WICHITA KS, 67207. The bank can be reached via phone at 316-612-6000 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff