Equinor ASA (EQNR) to Release Quarterly Earnings on Wednesday

Equinor ASA (NYSE:EQNRGet Free Report) is projected to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $24.40 billion for the quarter.

Equinor ASA Trading Down 0.3 %

Shares of EQNR stock opened at $23.98 on Monday. The firm has a fifty day moving average price of $23.98 and a 200-day moving average price of $24.93. The company has a market cap of $66.98 billion, a price-to-earnings ratio of 7.36, a PEG ratio of 1.28 and a beta of 0.84. Equinor ASA has a 1 year low of $21.85 and a 1 year high of $29.45. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.48 and a quick ratio of 1.38.

Equinor ASA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.40 annualized dividend and a dividend yield of 5.84%. Equinor ASA’s dividend payout ratio (DPR) is 35.89%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EQNR shares. Morgan Stanley raised shares of Equinor ASA from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $25.80 to $30.90 in a research report on Tuesday, January 7th. Redburn Atlantic raised shares of Equinor ASA from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 20th. Berenberg Bank raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. raised shares of Equinor ASA from an “underweight” rating to an “overweight” rating in a research note on Monday, December 9th. Finally, Barclays upgraded shares of Equinor ASA from an “equal weight” rating to an “overweight” rating in a report on Monday, November 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.45.

View Our Latest Report on EQNR

Equinor ASA Company Profile

(Get Free Report)

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.

Further Reading

Earnings History for Equinor ASA (NYSE:EQNR)

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