Erste Group Bank Expects Higher Earnings for Equinor ASA

Equinor ASA (NYSE:EQNR) – Analysts at Erste Group Bank upped their FY2026 EPS estimates for Equinor ASA in a research note issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $4.82 per share for the year, up from their previous estimate of $4.44. The consensus estimate for Equinor ASA’s current full-year earnings is $5.02 per share.

Several other brokerages have also issued reports on EQNR. Rothschild & Co Redburn upgraded shares of Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. TD Cowen boosted their target price on shares of Equinor ASA from $38.00 to $40.00 and gave the company a “hold” rating in a research report on Thursday, May 7th. Pareto Securities lowered shares of Equinor ASA from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 27th. Wall Street Zen upgraded shares of Equinor ASA from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Bank of America lowered shares of Equinor ASA from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Equinor ASA has a consensus rating of “Hold” and an average target price of $40.20.

Equinor ASA Stock Performance

Shares of NYSE EQNR opened at $40.74 on Wednesday. The firm has a 50 day moving average of $38.66 and a 200 day moving average of $29.94. The company has a current ratio of 1.24, a quick ratio of 1.12 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $119.96 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.19 and a beta of 0.07. Equinor ASA has a 12-month low of $22.26 and a 12-month high of $43.46.

Equinor ASA (NYSE:EQNR) last announced its earnings results on Tuesday, May 5th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.47. The company had revenue of $28.40 billion during the quarter, compared to analyst estimates of $28.73 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.01%.

Equinor ASA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, August 14th. Equinor ASA’s payout ratio is 58.72%.

Hedge Funds Weigh In On Equinor ASA

Several hedge funds have recently modified their holdings of the stock. Blair William & Co. IL lifted its holdings in shares of Equinor ASA by 2.7% in the fourth quarter. Blair William & Co. IL now owns 14,837 shares of the company’s stock worth $351,000 after buying an additional 389 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Equinor ASA by 1.2% in the third quarter. PNC Financial Services Group Inc. now owns 37,331 shares of the company’s stock worth $910,000 after buying an additional 428 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Equinor ASA by 5.0% in the third quarter. Ballentine Partners LLC now owns 9,039 shares of the company’s stock worth $220,000 after buying an additional 434 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of Equinor ASA by 1.1% in the third quarter. National Bank of Canada FI now owns 39,045 shares of the company’s stock worth $952,000 after buying an additional 437 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Equinor ASA by 7.8% in the fourth quarter. GAMMA Investing LLC now owns 6,148 shares of the company’s stock worth $145,000 after buying an additional 445 shares in the last quarter. Hedge funds and other institutional investors own 5.51% of the company’s stock.

Equinor ASA Company Profile

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.