Equities Analysts Offer Predictions for EQB Q1 Earnings

EQB Inc. (TSE:EQB) – Research analysts at Raymond James decreased their Q1 2025 EPS estimates for shares of EQB in a research note issued on Thursday, December 5th. Raymond James analyst S. Boland now anticipates that the company will post earnings per share of $2.94 for the quarter, down from their prior estimate of $2.96. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Raymond James also issued estimates for EQB’s Q2 2025 earnings at $3.05 EPS and FY2025 earnings at $12.38 EPS.

A number of other analysts have also recently weighed in on EQB. CIBC increased their price target on EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. Cormark lowered EQB from a “buy” rating to a “market perform” rating and dropped their target price for the stock from C$131.00 to C$110.00 in a research report on Thursday, December 5th. Scotiabank cut their target price on EQB from C$135.00 to C$130.00 in a research note on Friday. TD Securities lowered shares of EQB from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$126.00 to C$110.00 in a research report on Friday. Finally, BMO Capital Markets lifted their price objective on shares of EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of C$113.63.

EQB Stock Up 0.4 %

Shares of TSE EQB opened at C$102.46 on Monday. The firm’s 50-day moving average price is C$107.20 and its two-hundred day moving average price is C$98.79. EQB has a 52-week low of C$77.96 and a 52-week high of C$113.20. The stock has a market capitalization of C$3.93 billion, a P/E ratio of 10.76, a P/E/G ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.91%. This is an increase from EQB’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, December 13th. EQB’s payout ratio is 19.75%.

About 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.