Equities Analysts Issue Forecasts for EQB Q1 Earnings

EQB Inc. (TSE:EQB) – Investment analysts at Cormark issued their Q1 2025 earnings per share estimates for EQB in a report released on Friday, February 21st. Cormark analyst L. Persaud anticipates that the company will earn $2.81 per share for the quarter. Cormark has a “Market Perform” rating and a $110.00 price target on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Cormark also issued estimates for EQB’s FY2025 earnings at $11.68 EPS.

A number of other research firms also recently commented on EQB. TD Securities downgraded EQB from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. Raymond James increased their target price on EQB from C$112.00 to C$121.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Scotiabank reduced their target price on EQB from C$130.00 to C$119.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. CIBC increased their target price on EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Finally, Desjardins set a C$130.00 target price on EQB and gave the stock a “buy” rating in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$117.20.

EQB Stock Up 0.0 %

TSE:EQB opened at C$102.18 on Monday. The business’s 50 day moving average is C$105.14 and its two-hundred day moving average is C$103.87. EQB has a 52 week low of C$78.24 and a 52 week high of C$114.22. The company has a market cap of C$3.95 billion, a PE ratio of 15.93, a P/E/G ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.49 dividend. This is a boost from EQB’s previous quarterly dividend of $0.47. This represents a $1.96 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Friday, December 13th. EQB’s dividend payout ratio (DPR) is currently 29.31%.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.