What is Cormark’s Estimate for EQB Q2 Earnings?

EQB Inc. (TSE:EQB) – Equities researchers at Cormark issued their Q2 2025 earnings per share (EPS) estimates for shares of EQB in a research report issued on Tuesday, May 20th. Cormark analyst L. Persaud anticipates that the company will earn $2.62 per share for the quarter. The consensus estimate for EQB’s current full-year earnings is $12.60 per share.

EQB has been the subject of several other reports. Desjardins decreased their price objective on shares of EQB from C$130.00 to C$126.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. CIBC cut their price target on shares of EQB from C$130.00 to C$126.00 in a research note on Thursday. Royal Bank of Canada lowered their price objective on shares of EQB from C$153.00 to C$147.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. Scotiabank dropped their price objective on shares of EQB from C$130.00 to C$119.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, Jefferies Financial Group reduced their target price on EQB from C$126.00 to C$107.00 in a research note on Monday, April 21st. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$119.60.

EQB Trading Down 0.9%

TSE EQB opened at C$94.61 on Thursday. The firm’s fifty day simple moving average is C$94.32 and its two-hundred day simple moving average is C$101.06. The firm has a market capitalization of C$3.66 billion, a P/E ratio of 14.75, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a 12-month low of C$78.24 and a 12-month high of C$114.22.

EQB Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Friday, March 14th. This is an increase from EQB’s previous quarterly dividend of $0.49. EQB’s payout ratio is currently 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.