FY2025 Earnings Forecast for EQBK Issued By DA Davidson

Equity Bancshares, Inc. (NASDAQ:EQBK) – Research analysts at DA Davidson issued their FY2025 EPS estimates for shares of Equity Bancshares in a research note issued to investors on Thursday, April 10th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings per share of $3.80 for the year. DA Davidson has a “Neutral” rating and a $46.00 price objective on the stock. The consensus estimate for Equity Bancshares’ current full-year earnings is $3.72 per share. DA Davidson also issued estimates for Equity Bancshares’ FY2026 earnings at $4.50 EPS.

Other analysts also recently issued research reports about the company. Janney Montgomery Scott assumed coverage on Equity Bancshares in a research note on Thursday, April 3rd. They set a “neutral” rating on the stock. Hovde Group increased their price objective on shares of Equity Bancshares from $56.00 to $57.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. Stephens reduced their target price on Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating on the stock in a report on Friday, January 24th. Finally, Keefe, Bruyette & Woods dropped their price target on Equity Bancshares from $46.00 to $44.00 and set a “market perform” rating for the company in a research note on Monday, April 7th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Equity Bancshares presently has a consensus rating of “Moderate Buy” and an average price target of $47.20.

Equity Bancshares Trading Up 1.1 %

NASDAQ:EQBK opened at $35.92 on Monday. The firm has a market capitalization of $628.91 million, a price-to-earnings ratio of 9.02 and a beta of 0.73. 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 business has a fifty day moving average price of $40.16 and a 200-day moving average price of $42.63. Equity Bancshares has a one year low of $30.98 and a one year high of $50.85.

Hedge Funds Weigh In On Equity Bancshares

Several large investors have recently modified their holdings of the business. GAMMA Investing LLC grew its stake in shares of Equity Bancshares by 81,650.0% in the first quarter. GAMMA Investing LLC now owns 3,270 shares of the bank’s stock valued at $129,000 after buying an additional 3,266 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Equity Bancshares by 740.0% during the fourth quarter. Wellington Management Group LLP now owns 577,230 shares of the bank’s stock worth $24,486,000 after acquiring an additional 508,509 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Equity Bancshares by 26.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,773 shares of the bank’s stock valued at $924,000 after purchasing an additional 4,554 shares during the period. Two Sigma Advisers LP grew its stake in Equity Bancshares by 5.3% during the 4th quarter. Two Sigma Advisers LP now owns 33,800 shares of the bank’s stock worth $1,434,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in Equity Bancshares by 35.4% in the 4th quarter. Two Sigma Investments LP now owns 45,912 shares of the bank’s stock valued at $1,948,000 after purchasing an additional 12,013 shares in the last quarter. Institutional investors and hedge funds own 71.80% of the company’s stock.

Equity Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.67%. The ex-dividend date was Monday, March 31st. Equity Bancshares’s payout ratio is currently 15.08%.

Equity Bancshares Company Profile

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.