Equity Bancshares (EQBK) Projected to Post Earnings on Tuesday

Equity Bancshares (NASDAQ:EQBK) is projected to post its quarterly earnings results after the market closes on Tuesday, April 15th. Analysts expect Equity Bancshares to post earnings of $0.83 per share and revenue of $56.63 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Equity Bancshares Stock Performance

NASDAQ:EQBK opened at $35.36 on Monday. Equity Bancshares has a 12 month low of $30.98 and a 12 month high of $50.85. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $619.15 million, a PE ratio of 8.88 and a beta of 0.73. The business’s fifty day moving average price is $40.50 and its 200 day moving average price is $42.72.

Equity Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.70%. Equity Bancshares’s dividend payout ratio is currently 15.08%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on EQBK shares. Stephens cut their target price on Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Hovde Group raised their price objective on shares of Equity Bancshares from $56.00 to $57.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their target price on shares of Equity Bancshares from $46.00 to $44.00 and set a “market perform” rating for the company in a report on Monday, April 7th. DA Davidson dropped their target price on shares of Equity Bancshares from $50.00 to $46.00 and set a “neutral” rating on the stock in a research report on Thursday, January 23rd. Finally, Janney Montgomery Scott started coverage on shares of Equity Bancshares in a research report on Thursday, April 3rd. They issued a “neutral” rating for the company. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Equity Bancshares currently has a consensus rating of “Moderate Buy” and an average price target of $47.20.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.