Raymond James Analysts Reduce Earnings Estimates for EQB

EQB Inc. (TSE:EQB) – Equities researchers at Raymond James reduced their Q2 2025 earnings per share (EPS) estimates for shares of EQB in a note issued to investors on Wednesday, February 26th. Raymond James analyst S. Boland now forecasts that the company will post earnings of $2.89 per share for the quarter, down from their previous estimate of $3.04. Raymond James currently 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 FY2025 earnings at $11.90 EPS, Q1 2026 earnings at $3.16 EPS, Q2 2026 earnings at $3.27 EPS, Q3 2026 earnings at $3.37 EPS, Q4 2026 earnings at $3.49 EPS and FY2026 earnings at $13.29 EPS.

Other equities research analysts also recently issued research reports about the company. Cormark downgraded EQB from a “buy” rating to a “market perform” rating and cut their price objective for the company from C$131.00 to C$110.00 in a report on Thursday, December 5th. Scotiabank cut their price objective 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. National Bankshares boosted their price objective on EQB from C$109.00 to C$117.00 and gave the company an “outperform” rating in a report on Wednesday. TD Securities downgraded EQB from a “buy” rating to a “hold” rating and cut their price objective for the company from C$126.00 to C$110.00 in a report on Friday, December 6th. Finally, Jefferies Financial Group set a C$129.00 price target on EQB and gave the stock a “buy” rating in a report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$122.80.

EQB Trading Down 0.2 %

EQB stock opened at C$101.10 on Thursday. The company has a market capitalization of C$3.91 billion, a PE ratio of 15.76, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a 12-month low of C$78.24 and a 12-month high of C$114.22. The business’s fifty day moving average price is C$105.27 and its 200 day moving average price is C$103.91.

EQB Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a $0.49 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.94%. This is an increase from EQB’s previous quarterly dividend of $0.47. EQB’s dividend payout ratio is presently 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.