FY2027 EPS Estimates for Equinor ASA Increased by Analyst

Equinor ASA (NYSE:EQNR) – Stock analysts at Erste Group Bank boosted their FY2027 earnings estimates for shares of Equinor ASA in a report released on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $3.30 per share for the year, up from their previous forecast of $3.03. The consensus estimate for Equinor ASA’s current full-year earnings is $3.46 per share.

Equinor ASA (NYSE:EQNR) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.21. The company had revenue of $25.26 billion for the quarter, compared to analyst estimates of $21.31 billion. Equinor ASA had a net margin of 4.74% and a return on equity of 15.23%.

Other research analysts have also issued research reports about the stock. Jefferies Financial Group initiated coverage on shares of Equinor ASA in a research note on Thursday, January 8th. They issued a “hold” rating on the stock. Morgan Stanley upgraded shares of Equinor ASA from an “underweight” rating to an “equal weight” rating and set a $40.40 price target on the stock in a research note on Tuesday, March 24th. Pareto Securities lowered shares of Equinor ASA from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. Zacks Research upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Finally, DZ Bank upgraded shares of Equinor ASA from a “strong sell” rating to a “hold” rating in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, Equinor ASA has a consensus rating of “Reduce” and an average price target of $34.61.

Equinor ASA Stock Down 6.6%

Shares of EQNR opened at $39.29 on Wednesday. Equinor ASA has a 52 week low of $21.41 and a 52 week high of $43.46. The firm has a market cap of $115.69 billion, a P/E ratio of 20.68 and a beta of 0.13. The firm’s 50-day simple moving average is $33.40 and its 200 day simple moving average is $27.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.27.

Institutional Trading of Equinor ASA

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC bought a new stake in shares of Equinor ASA during the 4th quarter worth approximately $499,000. Corient Private Wealth LLC lifted its holdings in shares of Equinor ASA by 1.5% during the 4th quarter. Corient Private Wealth LLC now owns 50,157 shares of the company’s stock worth $1,185,000 after acquiring an additional 723 shares during the period. Pure Financial Advisors LLC bought a new stake in shares of Equinor ASA during the 4th quarter worth approximately $200,000. Empowered Funds LLC lifted its holdings in shares of Equinor ASA by 3.6% during the 4th quarter. Empowered Funds LLC now owns 120,638 shares of the company’s stock worth $2,851,000 after acquiring an additional 4,220 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Equinor ASA during the 4th quarter worth approximately $448,000. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.39 per share. This is a boost from Equinor ASA’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.0%. Equinor ASA’s payout ratio is currently 64.21%.

About Equinor ASA

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.