Should I buy or sell EQB stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EQB in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EQB shares. View EQB analyst ratings or view top-rated stocks .

What is EQB's stock price target for 2024?

10 Wall Street analysts have issued twelve-month target prices for EQB's stock. Their EQB share price targets range from C$95.00 to C$111.00. On average, they predict the company's stock price to reach C$102.56 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts price targets for EQB or view top-rated stocks among Wall Street analysts .

How have EQB shares performed in 2024?

EQB's stock was trading at C$87.23 at the start of the year. Since then, EQB shares have decreased by 3.9% and is now trading at C$83.80. View the best growth stocks for 2024 here .

When is EQB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our EQB earnings forecast .

How were EQB's earnings last quarter?

EQB Inc. (TSE:EQB) issued its quarterly earnings data on Wednesday, March, 27th. The company reported $2.70 earnings per share for the quarter. EQB had a net margin of 39.67% and a trailing twelve-month return on equity of 14.70%.

How often does EQB pay dividends? What is the dividend yield for EQB?

EQB declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be given a dividend of 0.42 per share on Thursday, March 28th. This represents a $1.68 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.40. Read our dividend analysis for EQB .

Is EQB a good dividend stock?

EQB (TSE:EQB) pays an annual dividend of C$1.68 per share and currently has a dividend yield of 1.98%. The dividend payout ratio is 18.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for EQB .

What other stocks do shareholders of EQB own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EQB investors own include Bank of Nova Scotia (BNS) , Enbridge (ENB) , BCE (BCE) , goeasy (GSY) , Toronto-Dominion Bank (TD) , Air Canada (AC) , AltaGas (ALA) , CCL Industries (CCL.B) , Canadian Imperial Bank of Commerce (CM) and Canadian National Railway (CNR) .

How do I buy shares of EQB?

Shares of EQB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:EQB

EQB (EQB) Stock Price, News & Analysis

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Free EQB Stock Alerts

C$83.76

-0.22 (-0.26%)

(As of 09:44 AM ET)

Compare

Today's Range: C$83.76
▼
C$84.27
50-Day Range: C$80.62
▼
C$96.78
52-Week Range: C$57.92
▼
C$97.64

Volume: 1,884 shs
Average Volume: 62,336 shs
Market Capitalization: C$3.20 billion

P/E Ratio: 9.00
Dividend Yield: 2.01%
Price Target: C$102.56

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get EQB alerts:

EQB MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 22.4% Upside
C$102.56 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.54
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
EQB has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 8 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
EQB has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for EQB.

1.7

Dividend Strength

Dividend Yield
EQB pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
EQB does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of EQB is 18.05%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EQB.

2.0

News and Social Media Coverage

News Sentiment
EQB has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for EQB this week, compared to 2 articles on an average week.
Search Interest
Only 5 people have searched for EQB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added EQB to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EQB insiders have not sold or bought any company stock.
Percentage Held by Insiders
29.03% of the stock of EQB is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 23.49% of the stock of EQB is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of EQB is 9.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of EQB is 9.00, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 456.57.
Price to Earnings Growth Ratio
EQB has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
EQB has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About EQB Stock (TSE:EQB)

EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides commercial loans, including business enterprise solutions for small-business owners, entrepreneurs, owner operators, and emerging investors; construction, bridge, or long-term financing; and structured financing solutions for specialty lenders across various asset classes of underbanked and unconventional industries. Further, it offers digital banking services. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.

EQB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EQB Stock News Headlines

April 16, 2024 | msn.com

The Mercedes-Benz EQB 300 Will Bring AWD To The Canadian Lineup

April 15, 2024 | msn.com

EQB Stock Has a Real Chance of Turning $500 Into $1,000 by 2030

April 16, 2024 | InvestorPlace (Ad)

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Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 11, 2024 | msn.com

‘Tesla cars welcome at our EV charging stations in India’: Mercedes-Benz India CEO

April 10, 2024 | finance.yahoo.com

EQB announces voting results of annual general and special meeting of shareholders

April 9, 2024 | americanbankingnews.com

EQB (TSE:EQB) Stock Price Crosses Above 50 Day Moving Average of $87.77

April 6, 2024 | msn.com

Mercedes-Benz Unveils EQB 350: Redefining Luxury Electric SUV Experience

April 4, 2024 | msn.com

Ford Delays Three-Row Electric SUV To 2027

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 4, 2024 | msn.com

25 Cheapest Electric Vehicles To Consider In 2024, Ranked Based On Range And Price

April 3, 2024 | msn.com

These Electric Cars Offer Plug & Charge In 2024

April 3, 2024 | msn.com

“Tom Brady Means Nothing; He’s a Nobody”: $4.8M NIL Worth Shedeur Sanders Berated for Ignoring NFL GOAT’s Advice

April 3, 2024 | theglobeandmail.com

Smart Money: Mackenzie Investments’ Dongwei Ye on why she is upbeat on small-cap stocks this year

March 30, 2024 | msn.com

Mercedes-Benz EQB long term review; 10,500km report

March 28, 2024 | msn.com

Genesis turns up the heat with GV60 Magma concept

March 28, 2024 | msn.com

EXCLUSIVEEVs dominate the list of used models that have fallen in value most in the last 12 months

March 28, 2024 | theglobeandmail.com

Citi strategists pick ‘AI-at-a-reasonable-price’ stocks

March 28, 2024 | msn.com

A Complete Guide To The 2024 Mercedes-Benz GLA-Class

March 28, 2024 | msn.com

The Kia EV9 Lives Up to the Hype

March 18, 2024 | msn.com

Electric Mercedes-AMG GT 4-door to have over 1000hp

March 15, 2024 | msn.com

Posthaste: 5 charts that show how Canadians are and aren't coping with higher interest rates

March 14, 2024 | tmcnet.com

Equitable Bank releases Public Accountability Statement and inaugural Sustainable Bond Framework

March 14, 2024 | msn.com

Lux Electrics of India

March 13, 2024 | msn.com

10 Electric Cars To Stay Away From Buying

March 12, 2024 | msn.com

How to Apply for EV Tax Credits

March 12, 2024 | msn.com

Mercedes-Benz A-Class to Persist as German Automakers Review EV Strategy

March 11, 2024 | uk.news.yahoo.com

Mixed reaction to proposed Cornwall railway link upgrades

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 3/14/2024
Last Earnings: 3/27/2024
Dividend Payable: 3/28/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Banks - Regional
Sub-Industry: N/A
Current Symbol: TSE:EQB
Previous Symbol: TSE:ETC
CUSIP: N/A
CIK: N/A
Web: www.equitablebank.ca
Phone: +1-416-5157000
Fax: N/A
Employees: 1,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$102.56
High Stock Price Target: C$111.00
Low Stock Price Target: C$95.00
Potential Upside/Downside: +22.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$9.31
Trailing P/E Ratio: 9.02
Forward P/E Ratio: 7.31
P/E Growth: 0.34
Net Income: C$437.51 million
Net Margins: 39.67%
Pretax Margin: N/A
Return on Equity: 14.70%
Return on Assets: 0.76%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$1.12 billion
Price / Sales: 2.86
Cash Flow: C$52.91 per share
Price / Cash Flow: 1.59
Book Value: C$71.34 per share
Price / Book: 1.18

Miscellaneous

Outstanding Shares: 38,170,000
Free Float: N/A
Market Cap: C$3.21 billion
Optionable: Not Optionable
Beta: 1.67

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Key Executives

Mr. Andrew R. G. Moor (Age 64)
President, CEO & Director
Comp: $1.63M
Mr. Chadwick Westlake
Senior VP & CFO
Mr. Darren Lorimer C.F.A.
Senior VP & Group Head of Commercial Banking
Ms. Mahima Poddar
Senior VP & Group Head of Personal Banking
Ms. Marlene Lenarduzzi
Senior VP & Chief Risk Officer
Mr. Daniel Broten
Senior VP & Chief Technology Officer
Sandie Douville
Vice President of Investor Relations & ESG Strategy
Michael Mignardi
VP & General Counsel
Mr. Gavin Stanley
Senior VP & Chief Human Resources Officer
Alex Prokoudine
Vice-President of Capital Markets

Key Competitors

View All Competitors

EQB Stock Analysis - Frequently Asked Questions

Should I buy or sell EQB stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EQB in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EQB shares.
View EQB analyst ratings or view top-rated stocks.
What is EQB's stock price target for 2024?: 10 Wall Street analysts have issued twelve-month target prices for EQB's stock. Their EQB share price targets range from C$95.00 to C$111.00. On average, they predict the company's stock price to reach C$102.56 in the next year. This suggests a possible upside of 22.4% from the stock's current price.
View analysts price targets for EQB or view top-rated stocks among Wall Street analysts.
How have EQB shares performed in 2024?: EQB's stock was trading at C$87.23 at the start of the year. Since then, EQB shares have decreased by 3.9% and is now trading at C$83.80.
View the best growth stocks for 2024 here.
When is EQB's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our EQB earnings forecast.
How were EQB's earnings last quarter?: EQB Inc. (TSE:EQB) issued its quarterly earnings data on Wednesday, March, 27th. The company reported $2.70 earnings per share for the quarter. EQB had a net margin of 39.67% and a trailing twelve-month return on equity of 14.70%.

How often does EQB pay dividends? What is the dividend yield for EQB?: EQB declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be given a dividend of 0.42 per share on Thursday, March 28th. This represents a $1.68 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.40.
Read our dividend analysis for EQB.
Is EQB a good dividend stock?: EQB (TSE:EQB) pays an annual dividend of C$1.68 per share and currently has a dividend yield of 1.98%. The dividend payout ratio is 18.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EQB.
What other stocks do shareholders of EQB own?: Based on aggregate information from My MarketBeat watchlists, some companies that other EQB investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), BCE (BCE), goeasy (GSY), Toronto-Dominion Bank (TD), Air Canada (AC), AltaGas (ALA), CCL Industries (CCL.B), Canadian Imperial Bank of Commerce (CM) and Canadian National Railway (CNR).
How do I buy shares of EQB?: Shares of EQB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:EQB) was last updated on 4/16/2024 by MarketBeat.com Staff

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EQB (EQB) Stock Price, News & Analysis

EQB MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About EQB Stock (TSE:EQB)

EQB Stock Price History

EQB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

EQB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™