Q1 Earnings Forecast for EQBK Issued By DA Davidson

Equity Bancshares, Inc. (NASDAQ:EQBK) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Equity Bancshares in a research report issued on Friday, January 24th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings of $0.88 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $46.00 target price on the stock. The consensus estimate for Equity Bancshares’ current full-year earnings is $3.77 per share.

Several other equities research analysts have also recently commented on EQBK. Stephens decreased their target price on Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating for the company in a research note on Friday. Hovde Group lifted their price objective on shares of Equity Bancshares from $56.00 to $57.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods increased their target price on shares of Equity Bancshares from $43.00 to $48.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Equity Bancshares presently has an average rating of “Moderate Buy” and an average target price of $48.00.

Equity Bancshares Price Performance

EQBK stock opened at $44.28 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. The company’s fifty day simple moving average is $44.60 and its 200 day simple moving average is $42.20. Equity Bancshares has a 12-month low of $30.44 and a 12-month high of $50.85. The firm has a market cap of $677.04 million, a price-to-earnings ratio of 11.13 and a beta of 0.92.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC bought a new position in shares of Equity Bancshares in the second quarter valued at approximately $322,000. Mendon Capital Advisors Corp raised its holdings in shares of Equity Bancshares by 2,539.9% in the second quarter. Mendon Capital Advisors Corp now owns 350,000 shares of the bank’s stock valued at $12,320,000 after purchasing an additional 336,742 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Equity Bancshares by 74.1% during the third quarter. SG Americas Securities LLC now owns 5,052 shares of the bank’s stock valued at $207,000 after purchasing an additional 2,150 shares in the last quarter. Creative Planning boosted its holdings in Equity Bancshares by 4.4% during the third quarter. Creative Planning now owns 80,133 shares of the bank’s stock worth $3,276,000 after purchasing an additional 3,399 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new stake in Equity Bancshares in the 3rd quarter worth about $203,000. 71.80% of the stock is currently owned by institutional investors and hedge funds.

Equity Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Tuesday, December 31st. Equity Bancshares’s dividend payout ratio (DPR) is 15.08%.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.