Brokers Issue Forecasts for EQB’s Q2 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB) – Research analysts at Desjardins cut their Q2 2025 EPS estimates for shares of EQB in a note issued to investors on Wednesday, February 26th. Desjardins analyst D. Young now anticipates that the company will post earnings per share of $2.58 for the quarter, down from their prior forecast of $2.76. Desjardins currently has a “Buy” rating and a $126.00 price objective on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Desjardins also issued estimates for EQB’s Q3 2025 earnings at $3.10 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $3.04 EPS, Q4 2025 earnings at $3.04 EPS, FY2025 earnings at $11.70 EPS, FY2025 earnings at $11.70 EPS, FY2026 earnings at $13.55 EPS and FY2026 earnings at $13.55 EPS.

EQB has been the subject of several other reports. Royal Bank of Canada reduced their price target on EQB from C$153.00 to C$147.00 and set an “outperform” rating for the company in a report on Thursday. Scotiabank reduced their target price on shares of EQB from C$130.00 to C$119.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Jefferies Financial Group set a C$129.00 price target on shares of EQB and gave the stock a “buy” rating in a research note on Thursday, January 30th. TD Securities cut shares of EQB from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. Finally, Cormark downgraded 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 research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, EQB presently has an average rating of “Moderate Buy” and an average price target of C$122.80.

EQB Trading Down 1.9 %

EQB opened at C$101.27 on Friday. EQB has a 1 year low of C$78.24 and a 1 year high of C$114.22. The stock has a fifty day moving average price of C$105.27 and a 200 day moving average price of C$103.91. The stock 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.49 per share. This is a positive change from EQB’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.96 annualized dividend and a dividend yield of 1.94%. EQB’s dividend payout ratio (DPR) is presently 29.31%.

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.