EQB Inc. (TSE:EQB - Free Report) - Research analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of EQB in a report released on Friday, February 21st. Cormark analyst L. Persaud expects that the company will post earnings of $2.81 per share for the quarter. Cormark has a "Market Perform" rating and a $110.00 price objective 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.
Several other research firms have also recently issued reports on EQB. Jefferies Financial Group set a C$129.00 target price on EQB and gave the stock a "buy" rating in a research report on Thursday, January 30th. TD Securities cut 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 research report on Friday, December 6th. Desjardins set a C$130.00 price target on EQB and gave the stock a "buy" rating in a report on Tuesday, February 11th. CIBC upped their price target on EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Finally, Scotiabank lowered their price target on EQB from C$130.00 to C$119.00 and set an "outperform" rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$117.20.
View Our Latest Report on EQB
TSE EQB opened at C$101.78 on Monday. The business's 50 day moving average is C$105.05 and its two-hundred day moving average is C$103.75. EQB has a 12-month low of C$78.24 and a 12-month high of C$114.22. The stock has a market capitalization of C$3.94 billion, a price-to-earnings ratio of 15.87, a PEG ratio of 0.34 and a beta of 1.59.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid 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 yield of 1.93%. This is a positive change from EQB's previous quarterly dividend of $0.47. EQB's dividend payout ratio is presently 29.31%.
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.
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