Desjardins Issues Negative Estimate for EQB Earnings

EQB Inc. (TSE:EQB) – Stock analysts at Desjardins decreased their Q2 2025 earnings estimates for shares of EQB in a research report issued to clients and investors on Wednesday, February 26th. Desjardins analyst D. Young now expects that the company will post earnings per share of $2.58 for the quarter, down from their prior estimate of $2.76. Desjardins has a “Buy” rating and a $126.00 price target 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 Q3 2025 earnings at $3.10 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $3.04 EPS, Q4 2025 earnings at $3.04 EPS, FY2025 earnings at $11.70 EPS, FY2025 earnings at $11.70 EPS, FY2026 earnings at $13.55 EPS and FY2026 earnings at $13.55 EPS.

Several other analysts have also recently issued reports on EQB. Cormark cut shares of EQB from a “buy” rating to a “market perform” rating and cut their price target for the company from C$131.00 to C$110.00 in a report on Thursday, December 5th. Royal Bank of Canada decreased 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 report on Thursday. Jefferies Financial Group set a C$129.00 target price on shares of EQB and gave the stock a “buy” rating in a report on Thursday, January 30th. 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 research note on Thursday, February 20th. Finally, National Bankshares increased their target price on EQB from C$109.00 to C$117.00 and gave the stock an “outperform” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, EQB presently has a consensus rating of “Moderate Buy” and a consensus target price of C$122.80.

EQB Price Performance

Shares of EQB stock opened at C$101.27 on Friday. EQB has a 1-year low of C$78.24 and a 1-year high of C$114.22. The business has a 50-day moving average of C$105.27 and a 200-day moving average of C$103.91. The company has a market capitalization of C$3.92 billion, a PE ratio of 15.79, a P/E/G ratio of 0.34 and a beta of 1.59.

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 given a $0.49 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from EQB’s previous quarterly dividend of $0.47. This represents a $1.96 annualized dividend and a yield of 1.94%. EQB’s payout ratio is 29.31%.

EQB Company Profile

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.