TSE:EQB EQB (EQB) Stock Forecast, Price & News C$73.80 -1.40 (-1.86%) (As of 01:30 PM ET) Add Compare Share Share Today's RangeC$72.69▼C$75.0050-Day RangeC$73.88▼C$84.6052-Week RangeC$45.17▼C$84.79Volume47,078 shsAverage Volume66,481 shsMarket CapitalizationC$2.78 billionP/E Ratio7.93Dividend Yield2.06%Price TargetC$91.14 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media EQB MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.8% UpsideC$91.14 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.16Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 stars 3.5 Analyst's Opinion Consensus RatingEQB has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$91.14, EQB has a forecasted upside of 24.8% from its current price of C$73.05.Amount of Analyst CoverageEQB has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for EQB. Previous Next 1.7 Dividend Strength Dividend YieldEQB pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEQB does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EQB is 16.33%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EQB. Previous Next 1.6 News and Social Media Coverage News SentimentEQB has a news sentiment score of -0.16. 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 0.78 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for EQB this week, compared to 2 articles on an average week.Search Interest4 people have searched for EQB on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added EQB to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EQB insiders have not sold or bought any company stock.Percentage Held by Insiders29.17% 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 InstitutionsOnly 24.54% of the stock of EQB is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of EQB is 7.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.40.Price to Earnings Ratio vs. SectorThe P/E ratio of EQB is 7.85, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 285.43.Price to Earnings Growth RatioEQB has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEQB has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EQB (TSE:EQB) StockEQB 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. Its loan products include residential mortgages; equipment loans; home equity; cash surrender value; and commercial equity lines of credit; business enterprise solutions comprising mixed use, multi-residential properties, retail spaces, office condominiums, and industrial buildings; and asset repositioning, inventory, term, and construction loans. The company also 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.Read More EQB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EQB Stock News HeadlinesOctober 3, 2023 | msn.comEQB signs deal for 75 per cent stake in alternative asset manager ACM AdvisorsOctober 3, 2023 | marketwatch.comEQB Agrees to Buy Canadian Alternative Asset Manager ACM AdvisorsOctober 3, 2023 | Oxford Club (Ad)Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big MoveHe started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.October 2, 2023 | finance.yahoo.comEQB announces appointment of Chief Risk OfficerOctober 1, 2023 | msn.comThe Mercedes-Benz EQ electric vehicles are now in CebuSeptember 25, 2023 | finance.yahoo.comEQB's Chief Financial Officer Chadwick Westlake to speak at 22nd Annual CIBC Eastern Institutional Investor Conference on September 28, 2023September 21, 2023 | msn.comIs EQB Inc’s Growth Sustainable?September 19, 2023 | theglobeandmail.comClosing Bell: Eqb Inc down on Tuesday (EQB)October 3, 2023 | Oxford Club (Ad)Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big MoveHe started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.September 14, 2023 | sports.yahoo.comAnother Baby Mercedes G-Class Is Coming; How Soon Will We See It?September 11, 2023 | finance.yahoo.comEQB's (TSE:EQB) Upcoming Dividend Will Be Larger Than Last Year'sSeptember 8, 2023 | theglobeandmail.comClosing Bell: Eqb Inc down on Thursday (EQB)September 6, 2023 | theglobeandmail.comClosing Bell: Eqb Inc up on Wednesday (EQB)September 6, 2023 | msn.com2024 Mercedes EQB: Everything We Know So FarSeptember 5, 2023 | msn.comNew Mercedes CLA property, EQA, EQB to make use of MMA EV platformAugust 31, 2023 | msn.com2024 Mercedes-Benz EQB refreshed with new appears to be like, extra techAugust 30, 2023 | msn.comNew look, infotainment and towbar for 2024 Mercedes EQBAugust 29, 2023 | msn.comMercedes-Benz EQA and EQB get fresh new look for 2023August 28, 2023 | msn.comIf You’d Invested $10,000 in EQB Stock in 2010, Here’s How Much You’d Have TodayAugust 28, 2023 | finance.yahoo.comEQB (TSE:EQB) Is Paying Out A Larger Dividend Than Last YearAugust 25, 2023 | msn.comThe 2024 Mercedes-Benz EQB Tells You MoreAugust 24, 2023 | msn.com2024 Mercedes-Benz EQB: Fresh Design and Enhanced TechnologyAugust 24, 2023 | msn.comRefreshed 2024 Mercedes-Benz EQB Adds Plug & ChargeAugust 24, 2023 | msn.com2024 Mercedes-Benz EQB refreshed with new looks, more techAugust 24, 2023 | msn.comMercedes Upgrades EQB EV For 2024 With New Design Options, Dolby AtmosAugust 24, 2023 | msn.com2024 Mercedes EQB Arrives With Fresh Face And Next-Gen TechAugust 24, 2023 | msn.com2024 Mercedes-Benz EQB EV SUV Gets Nipped and TuckedSee More Headlines Receive EQB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EQB and its competitors with MarketBeat's FREE daily newsletter. Email Address EQB Company Calendar Last Earnings8/01/2023Ex-Dividend for 9/30 Dividend9/14/2023Dividend Payable9/30/2023Today10/03/2023Next Earnings (Estimated)11/14/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Banks—Regional Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:EQB Previous SymbolTSE:ETC CUSIPN/A CIKN/A Webwww.equitablebank.ca Phone+1-416-5157000FaxN/AEmployees1,700Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$91.14 High Stock Price ForecastC$98.00 Low Stock Price ForecastC$82.00 Forecasted Upside/Downside+24.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$9.31 Trailing P/E Ratio7.85 Forward P/E Ratio6.05 P/E Growth0.34Net IncomeC$345.80 million Net Margins36.88% Pretax MarginN/A Return on Equity14.70% Return on Assets0.76% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$959.38 million Price / Sales2.87 Cash FlowC$46.02 per share Price / Cash Flow1.59 Book ValueC$67.28 per share Price / Book1.09Miscellaneous Outstanding Shares37,730,000Free FloatN/AMarket CapC$2.76 billion OptionableNot Optionable Beta1.69 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Andrew R. G. Moor (Age 63)Pres, CEO & Director Comp: $1.95MMr. Chadwick WestlakeSr. VP & CFOMr. Darren Lorimer C.F.A.Sr. VP & Group Head of Commercial BankingMs. Mahima PoddarSr. VP & Group Head of Personal BankingMr. Daniel BrotenSr. VP & Chief Technology OfficerRichard GillVP of Corp. Devel. & Investor RelationsMichael MignardiVP & Gen. CounselLisa CinelliVP & Chief Compliance OfficerMs. Jody Lynn SperlingSr. VP & Chief HR OfficerAlex ProkoudineVice-Pres of Capital MarketsMore ExecutivesKey CompetitorsCanadian Western BankTSE:CWBLaurentian Bank of CanadaTSE:LBCI FinancialTSE:CIXE-L FinancialTSE:ELFFirst National FinancialTSE:FNView All Competitors EQB Stock - Frequently Asked Questions Should I buy or sell EQB stock right now? 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. What is EQB's stock price forecast for 2023? 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. How have EQB shares performed in 2023? 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. View the best growth stocks for 2023 here. When is EQB's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our EQB earnings forecast. How were EQB's earnings last quarter? 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%. How often does EQB pay dividends? What is the dividend yield for EQB? 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. Is EQB a good dividend stock? 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. 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). What is EQB's stock symbol? EQB trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EQB." 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. What is EQB's stock price today? One share of EQB stock can currently be purchased for approximately C$73.05. How much money does EQB make? 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. How many employees does EQB have? The company employs 1,700 workers across the globe. How can I contact EQB? 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. This page (TSE:EQB) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding EQB Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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