Analysts Offer Predictions for EQB’s Q1 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB) – Equities researchers at Raymond James cut their Q1 2025 earnings per share estimates for EQB in a research note issued to investors on Thursday, January 9th. Raymond James analyst S. Boland now anticipates that the company will post earnings per share of $2.93 for the quarter, down from their previous 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.

A number of other analysts have also recently commented on EQB. TD Securities cut shares of EQB from a “buy” rating to a “hold” rating and lowered their target price for the stock from C$126.00 to C$110.00 in a research note on Friday, December 6th. CIBC upped their price target on shares of EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Cormark cut EQB from a “buy” rating to a “market perform” rating and reduced their price target for the company from C$131.00 to C$110.00 in a research report on Thursday, December 5th. Scotiabank decreased their target price on shares of EQB from C$135.00 to C$130.00 in a research note on Friday, December 6th. Finally, BMO Capital Markets raised their price target on shares of EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of C$115.50.

EQB Stock Up 1.8 %

Shares of EQB stock opened at C$107.98 on Monday. The company has a market cap of C$4.14 billion, a P/E ratio of 11.34, a PEG ratio of 0.34 and a beta of 1.59. EQB has a 52-week low of C$78.24 and a 52-week high of C$113.20. The firm’s 50 day moving average price is C$104.57 and its 200-day moving average price is C$101.12.

EQB Increases Dividend

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 was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a yield of 1.82%. This is a positive change from EQB’s previous quarterly dividend of $0.47. EQB’s dividend payout ratio is presently 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.