Equities Analysts Set Expectations for EQB Q1 Earnings

EQB Inc. (TSE:EQB) – Equities research analysts at Raymond James cut their Q1 2025 earnings per share (EPS) estimates for EQB in a research report issued to clients and investors on Thursday, January 9th. Raymond James analyst S. Boland now forecasts that the company will earn $2.93 per share for the quarter, down from their prior estimate of $2.94. Raymond James currently has a “Outperform” rating and a $121.00 target price 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 equities research analysts have also recently commented on the stock. CIBC raised their target price on shares of EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. TD Securities lowered shares of EQB from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$126.00 to C$110.00 in a research note on Friday, December 6th. Cormark downgraded shares of EQB from a “buy” rating to a “market perform” rating and decreased their target price for the company from C$131.00 to C$110.00 in a research note on Thursday, December 5th. Scotiabank lowered their price target on EQB from C$135.00 to C$130.00 in a research report on Friday, December 6th. Finally, BMO Capital Markets upped their price objective on 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 issued a buy rating to the company. According to MarketBeat.com, EQB currently has an average rating of “Hold” and an average price target of C$115.50.

EQB Price Performance

Shares of TSE:EQB opened at C$107.98 on Monday. EQB has a 1 year low of C$78.24 and a 1 year high of C$113.20. The stock’s 50-day moving average is C$104.57 and its 200 day moving average is C$101.12. The company has a market cap of C$4.14 billion, a PE ratio of 11.34, a P/E/G ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from EQB’s previous quarterly dividend of $0.47. EQB’s payout ratio is currently 19.75%.

About EQB

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.