Raymond James Analysts Lower Earnings Estimates for EQB

EQB Inc. (TSE:EQB) – Stock analysts at Raymond James cut their Q2 2025 EPS estimates for EQB in a research note issued to investors on Wednesday, February 26th. Raymond James analyst S. Boland now forecasts that the company will earn $2.89 per share for the quarter, down from their previous forecast of $3.04. Raymond James has a “Outperform” rating and a $121.00 price target on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Raymond James also issued estimates for EQB’s FY2025 earnings at $11.90 EPS, Q1 2026 earnings at $3.16 EPS, Q2 2026 earnings at $3.27 EPS, Q3 2026 earnings at $3.37 EPS, Q4 2026 earnings at $3.49 EPS and FY2026 earnings at $13.29 EPS.

Other analysts have also issued reports about the company. Cormark lowered EQB from a “buy” rating to a “market perform” rating and lowered their price objective for the company from C$131.00 to C$110.00 in a report on Thursday, December 5th. TD Securities lowered EQB from a “buy” rating to a “hold” rating and dropped their price target for the company from C$126.00 to C$110.00 in a research report on Friday, December 6th. National Bankshares lifted their price objective on shares of EQB from C$109.00 to C$117.00 and gave the stock an “outperform” rating in a report on Wednesday. Scotiabank dropped their target price 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, BMO Capital Markets lifted their price target on shares of EQB from C$106.00 to C$119.00 in a report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, EQB has an average rating of “Moderate Buy” and a consensus price target of C$119.40.

EQB Stock Performance

EQB opened at C$103.28 on Thursday. EQB has a 1-year low of C$78.24 and a 1-year high of C$114.22. The company has a 50-day moving average of C$105.22 and a 200-day moving average of C$103.93. The company has a market capitalization of C$4.00 billion, a P/E ratio of 16.10, a PEG ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.49 dividend. This is a boost from EQB’s previous quarterly dividend of $0.47. This represents a $1.96 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Friday, December 13th. EQB’s dividend payout ratio (DPR) 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.