Q1 Earnings Forecast for EQB Issued By Desjardins

EQB Inc. (TSE:EQB) – Investment analysts at Desjardins issued their Q1 2025 earnings per share estimates for shares of EQB in a report issued on Monday, February 10th. Desjardins analyst D. Young forecasts that the company will post earnings per share of $2.78 for the quarter. Desjardins has a “Moderate Buy” rating 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 Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.25 EPS, Q4 2025 earnings at $3.26 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.75 EPS.

Several other brokerages have also issued reports on EQB. CIBC raised their target price on EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. Scotiabank decreased their target price on EQB from C$135.00 to C$130.00 in a research report on Friday, December 6th. BMO Capital Markets raised their target price on EQB from C$106.00 to C$119.00 in a research report on Monday, November 18th. Cormark lowered EQB from a “buy” rating to a “market perform” rating and decreased their target price for the company from C$131.00 to C$110.00 in a research report on Thursday, December 5th. Finally, Jefferies Financial Group set a C$129.00 target price on EQB and gave the company a “buy” rating in a research report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$118.30.

EQB Price Performance

Shares of EQB stock opened at C$106.29 on Thursday. EQB has a 1 year low of C$78.24 and a 1 year high of C$114.22. The firm has a market cap of C$4.11 billion, a PE ratio of 16.57, a P/E/G ratio of 0.34 and a beta of 1.59. The stock has a fifty day moving average price of C$104.57 and a 200-day moving average price of C$103.28.

EQB Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.49 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.96 annualized dividend and a yield of 1.84%. This is a positive change from EQB’s previous quarterly dividend of $0.47. EQB’s dividend payout ratio (DPR) is 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.