TSE:EQB

EQB (EQB) Stock Price, News & Analysis

C$88.30
+1.80 (+2.08%)
(As of 12:45 PM ET)
Today's Range
C$86.76
C$88.38
50-Day Range
C$80.62
C$96.78
52-Week Range
C$57.92
C$97.64
Volume
53,125 shs
Average Volume
61,893 shs
Market Capitalization
C$3.37 billion
P/E Ratio
9.48
Dividend Yield
1.90%
Price Target
C$102.56

EQB MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
17.9% Upside
C$102.56 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of EQB in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

EQB stock logo

About EQB Stock (TSE:EQB)

EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides commercial loans, including business enterprise solutions for small-business owners, entrepreneurs, owner operators, and emerging investors; construction, bridge, or long-term financing; and structured financing solutions for specialty lenders across various asset classes of underbanked and unconventional industries. Further, it offers digital banking services. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.

EQB Stock Price History

EQB Stock News Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Last Earnings
3/27/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Estimated)
5/07/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$102.56
High Stock Price Target
C$111.00
Low Stock Price Target
C$95.00
Potential Upside/Downside
+18.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
C$437.51 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.12 billion
Cash Flow
C$54.50 per share
Book Value
C$71.34 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.30 billion
Optionable
Not Optionable
Beta
1.67
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Key Executives

  • Mr. Andrew R. G. Moor (Age 64)
    President, CEO & Director
    Comp: $1.63M
  • Mr. Chadwick Westlake
    Senior VP & CFO
  • Mr. Darren Lorimer C.F.A.
    Senior VP & Group Head of Commercial Banking
  • Ms. Mahima Poddar
    Senior VP & Group Head of Personal Banking
  • Ms. Marlene Lenarduzzi
    Senior VP & Chief Risk Officer
  • Mr. Daniel Broten
    Senior VP & Chief Technology Officer
  • Sandie Douville
    Vice President of Investor Relations & ESG Strategy
  • Michael Mignardi
    VP & General Counsel
  • Mr. Gavin Stanley
    Senior VP & Chief Human Resources Officer
  • Alex Prokoudine
    Vice-President of Capital Markets

EQB Stock Analysis - Frequently Asked Questions

Should I buy or sell EQB stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQB in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EQB shares.
View EQB analyst ratings
or view top-rated stocks.

What is EQB's stock price target for 2024?

10 Wall Street analysts have issued 1 year target prices for EQB's shares. Their EQB share price targets range from C$95.00 to C$111.00. On average, they expect the company's stock price to reach C$102.56 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for EQB
or view top-rated stocks among Wall Street analysts.

How have EQB shares performed in 2024?

EQB's stock was trading at C$87.23 at the beginning of the year. Since then, EQB shares have decreased by 0.3% and is now trading at C$87.00.
View the best growth stocks for 2024 here
.

When is EQB's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our EQB earnings forecast
.

How were EQB's earnings last quarter?

EQB Inc. (TSE:EQB) released its quarterly earnings results on Wednesday, March, 27th. The company reported $2.70 EPS for the quarter. EQB had a trailing twelve-month return on equity of 14.70% and a net margin of 39.67%.

How often does EQB pay dividends? What is the dividend yield for EQB?

EQB declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be paid a dividend of 0.42 per share on Thursday, March 28th. This represents a $1.68 annualized dividend and a yield of 1.93%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.40.
Read our dividend analysis for EQB
.

Is EQB a good dividend stock?

EQB (TSE:EQB) pays an annual dividend of C$1.68 per share and currently has a dividend yield of 1.98%. The dividend payout ratio is 18.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EQB.

What other stocks do shareholders of EQB own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EQB investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), BCE (BCE), goeasy (GSY), Toronto-Dominion Bank (TD), Air Canada (AC), AltaGas (ALA), CCL Industries (CCL.B), Canadian Imperial Bank of Commerce (CM) and Canadian National Railway (CNR).

How do I buy shares of EQB?

Shares of EQB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:EQB) was last updated on 4/23/2024 by MarketBeat.com Staff

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