What is DA Davidson’s Forecast for EQBK FY2025 Earnings?

Equity Bancshares, Inc. (NASDAQ:EQBK) – DA Davidson issued their FY2025 EPS estimates for Equity Bancshares in a research report issued to clients and investors on Thursday, April 10th. DA Davidson analyst J. Rulis anticipates that the bank will earn $3.80 per share for the year. DA Davidson has a “Neutral” rating and a $46.00 price objective on the stock. The consensus estimate for Equity Bancshares’ current full-year earnings is $3.72 per share. DA Davidson also issued estimates for Equity Bancshares’ FY2026 earnings at $4.50 EPS.

A number of other research analysts also recently commented on the stock. Janney Montgomery Scott began coverage on shares of Equity Bancshares in a research note on Thursday, April 3rd. They set a “neutral” rating for the company. Stephens dropped their target price on shares of Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Hovde Group raised their price objective on Equity Bancshares from $56.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods reduced their price target on Equity Bancshares from $46.00 to $44.00 and set a “market perform” rating on the stock in a research report on Monday, April 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Equity Bancshares presently has an average rating of “Moderate Buy” and an average target price of $47.20.

Equity Bancshares Stock Up 1.1 %

Shares of NASDAQ:EQBK opened at $35.92 on Monday. The company has a market capitalization of $628.91 million, a P/E ratio of 9.02 and a beta of 0.73. The stock’s fifty day simple moving average is $40.16 and its 200-day simple moving average is $42.63. Equity Bancshares has a 52-week low of $30.98 and a 52-week high of $50.85. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78.

Equity Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.15 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. Equity Bancshares’s dividend payout ratio (DPR) is presently 15.08%.

Institutional Investors Weigh In On Equity Bancshares

A number of institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its stake in shares of Equity Bancshares by 7.8% in the third quarter. BNP Paribas Financial Markets now owns 3,213 shares of the bank’s stock worth $131,000 after purchasing an additional 232 shares during the period. State Street Corp raised its stake in shares of Equity Bancshares by 2.6% in the 3rd quarter. State Street Corp now owns 314,889 shares of the bank’s stock valued at $12,919,000 after buying an additional 8,103 shares in the last quarter. Wellington Management Group LLP bought a new stake in Equity Bancshares in the third quarter valued at about $2,809,000. Barclays PLC raised its position in Equity Bancshares by 247.2% in the third quarter. Barclays PLC now owns 23,308 shares of the bank’s stock worth $953,000 after purchasing an additional 16,595 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Equity Bancshares by 5.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 360,457 shares of the bank’s stock valued at $14,735,000 after purchasing an additional 17,431 shares during the period. Institutional investors and hedge funds own 71.80% of the company’s stock.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.