Brokers Set Expectations for EQB’s Q1 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB) – Equities research analysts at Raymond James cut their Q1 2025 EPS estimates for EQB in a note issued to investors on Thursday, January 9th. Raymond James analyst S. Boland now expects that the company will post earnings of $2.93 per share for the quarter, down from their prior estimate of $2.94. Raymond James has a “Outperform” rating and a $121.00 price target on the stock. 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 $3.04 EPS, Q3 2025 earnings at $3.15 EPS, Q4 2025 earnings at $3.25 EPS, Q1 2026 earnings at $3.21 EPS, Q2 2026 earnings at $3.30 EPS, Q3 2026 earnings at $3.41 EPS, Q4 2026 earnings at $3.52 EPS and FY2026 earnings at $13.43 EPS.

Several other research firms have also recently issued reports on EQB. BMO Capital Markets upped their price target on shares of EQB from C$106.00 to C$119.00 in a report on Monday, November 18th. CIBC increased their target price on shares of EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Cormark cut shares of 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 report on Thursday, December 5th. Scotiabank dropped their target price on shares of EQB from C$135.00 to C$130.00 in a report on Friday, December 6th. Finally, TD Securities cut shares of EQB from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, EQB presently has a consensus rating of “Hold” and an average price target of C$115.50.

EQB Trading Down 0.8 %

Shares of EQB stock opened at C$106.04 on Monday. The company has a market capitalization of C$4.07 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59. The firm has a fifty day simple moving average of C$104.57 and a 200-day simple moving average of C$101.01. EQB has a twelve month low of C$78.24 and a twelve month high of C$113.20.

EQB Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from EQB’s previous quarterly dividend of $0.47. EQB’s dividend payout ratio (DPR) is 19.75%.

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.