Raymond James Has Pessimistic Outlook of EQB Q3 Earnings

EQB Inc. (TSE:EQB) – Stock analysts at Raymond James reduced their Q3 2025 EPS estimates for EQB in a research note issued on Wednesday, February 26th. Raymond James analyst S. Boland now anticipates that the company will post earnings per share of $2.97 for the quarter, down from their previous forecast of $3.15. 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 Q3 2025 earnings at $2.97 EPS and Q4 2025 earnings at $3.06 EPS.

Several other equities analysts also recently weighed in on EQB. BMO Capital Markets boosted their target price on EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. Jefferies Financial Group set a C$129.00 target price on shares of EQB and gave the company a “buy” rating in a research note on Thursday, January 30th. Cormark lowered shares of EQB from a “buy” rating to a “market perform” rating and lowered their target price for the stock from C$131.00 to C$110.00 in a report on Thursday, December 5th. Desjardins cut their price target on shares of EQB from C$130.00 to C$126.00 and set a “buy” rating on the stock in a report on Thursday. Finally, National Bankshares increased their price objective on shares of EQB from C$109.00 to C$117.00 and gave the stock an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$122.80.

EQB Stock Down 1.9 %

EQB stock opened at C$101.27 on Friday. EQB has a 52-week low of C$78.24 and a 52-week high of C$114.22. The firm’s fifty day moving average is C$105.27 and its 200 day moving average is C$103.91. The company has a market cap of C$3.92 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Friday, December 13th. This is a positive change from EQB’s previous quarterly dividend of $0.47. EQB’s dividend payout ratio (DPR) is 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.