EQB (EQB) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EQB in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EQB shares.
View EQB analyst ratings or view top-rated stocks.

5 equities research analysts have issued 1-year price objectives for EQB's shares. Their EQB share price forecasts range from C$82.00 to C$98.00. On average, they predict the company's stock price to reach C$91.14 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price.
View analysts price targets for EQB or view top-rated stocks among Wall Street analysts.

EQB's stock was trading at C$56.73 at the beginning of the year. Since then, EQB shares have increased by 28.8% and is now trading at C$73.05.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our EQB earnings forecast.

EQB Inc. (TSE:EQB) announced its earnings results on Tuesday, August, 1st. The company reported $2.98 earnings per share for the quarter, topping analysts' consensus estimates of $2.58 by $0.40. The company had revenue of $312.55 million for the quarter, compared to analyst estimates of $274.10 million. EQB had a trailing twelve-month return on equity of 14.70% and a net margin of 36.88%.

EQB announced a quarterly dividend on Thursday, September 14th. Investors of record on Saturday, September 30th will be paid a dividend of 0.38 per share on Saturday, September 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of C$0.37.
Read our dividend analysis for EQB.

EQB (TSE:EQB) pays an annual dividend of C$1.52 per share and currently has a dividend yield of 2.02%. The dividend payout ratio is 16.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EQB.

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).

EQB trades on the Toronto Stock Exchange (TSX) under the ticker symbol "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.
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One share of EQB stock can currently be purchased for approximately C$73.05.

EQB (TSE:EQB) has a market capitalization of C$2.76 billion and generates C$959.38 million in revenue each year. The company earns C$345.80 million in net income (profit) each year or C$9.31 on an earnings per share basis.

The company employs 1,700 workers across the globe.

EQB's mailing address is Equitable Bank Tower 30 St Clair Ave W Suite 700, TORONTO, ON M4V 3A1, Canada. The official website for the company is www.equitablebank.ca. The company can be reached via phone at +1-416-5157000.