What is Scotiabank’s Estimate for EQB FY2025 Earnings?

EQB Inc. (TSE:EQBFree Report) – Equities research analysts at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for EQB in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst M. Grauman now forecasts that the company will earn $12.06 per share for the year, down from their prior forecast of $12.51. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Scotiabank also issued estimates for EQB’s FY2026 earnings at $13.71 EPS.

A number of other brokerages have also issued reports on EQB. Cormark lowered shares of EQB from a “buy” rating to a “market perform” rating and dropped their price objective for the company from C$131.00 to C$110.00 in a report on Thursday, December 5th. TD Securities downgraded shares of EQB from a “buy” rating to a “hold” rating and cut their price target for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. CIBC upped their price objective on EQB from C$113.00 to C$130.00 in a report on Tuesday, November 26th. Finally, BMO Capital Markets raised their target price on EQB from C$106.00 to C$119.00 in a research note on Monday, November 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$113.63.

Check Out Our Latest Research Report on EQB

EQB Stock Performance

TSE EQB opened at C$106.16 on Friday. EQB has a fifty-two week low of C$78.24 and a fifty-two week high of C$113.20. The firm has a market capitalization of C$4.07 billion, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59. The stock’s fifty day moving average is C$104.61 and its two-hundred day moving average is C$100.79.

EQB Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.49 per share. The ex-dividend date was Friday, December 13th. This is a positive change from EQB’s previous quarterly dividend of $0.47. This represents a $1.96 dividend on an annualized basis and a yield of 1.85%. EQB’s dividend payout ratio is 19.75%.

EQB Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for EQB (TSE:EQB)

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