Equinor ASA FY2026 EPS Forecast Boosted by Erste Group Bank

by · The Markets Daily

Equinor ASA (NYSE:EQNR – Free Report) – Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for shares of Equinor ASA in a research note issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $5.18 per share for the year, up from their previous estimate of $5.09. The consensus estimate for Equinor ASA’s current full-year earnings is $5.22 per share.

A number of other brokerages have also recently issued reports on EQNR. TD Cowen raised their price objective on shares of Equinor ASA from $37.00 to $38.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Wall Street Zen upgraded shares of Equinor ASA from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Royal Bank Of Canada raised Equinor ASA from an “underperform” rating to a “sector perform” rating in a research note on Thursday, July 23rd. Zacks Research lowered Equinor ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Weiss Ratings raised Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $39.20.

View Our Latest Analysis on Equinor ASA

Equinor ASA Trading Up 2.6%

EQNR opened at $45.72 on Monday. The firm has a 50 day simple moving average of $40.50 and a 200 day simple moving average of $38.04. Equinor ASA has a fifty-two week low of $22.26 and a fifty-two week high of $45.84. The company has a market cap of $109.30 billion, a price-to-earnings ratio of 12.46, a price-to-earnings-growth ratio of 2.12 and a beta of 0.03. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.10.

Equinor ASA (NYSE:EQNR – Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.06). Equinor ASA had a net margin of 7.92% and a return on equity of 23.60%. The business had revenue of $34.02 billion during the quarter, compared to the consensus estimate of $34.03 billion.

Equinor ASA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 16th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, November 16th. Equinor ASA’s dividend payout ratio (DPR) is currently 34.88%.

Institutional Trading of Equinor ASA

A number of large investors have recently made changes to their positions in EQNR. Cassaday & Co Wealth Management LLC bought a new position in Equinor ASA during the first quarter worth about $35,000. Eastern Bank acquired a new stake in shares of Equinor ASA during the second quarter worth about $35,000. Assetmark Inc. raised its position in shares of Equinor ASA by 130.2% during the first quarter. Assetmark Inc. now owns 1,036 shares of the company’s stock worth $44,000 after purchasing an additional 586 shares during the period. Arlington Trust Co LLC lifted its holdings in shares of Equinor ASA by 1,581.9% during the 2nd quarter. Arlington Trust Co LLC now owns 2,136 shares of the company’s stock valued at $67,000 after purchasing an additional 2,009 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Equinor ASA by 429.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,271 shares of the company’s stock valued at $77,000 after purchasing an additional 2,653 shares during the period. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Company Profile

(Get Free Report)

Equinor ASA is a Norwegian energy company engaged primarily in the exploration, development, production and marketing of oil and natural gas. The company also supplies crude oil, natural gas, refined petroleum products and electricity, and participates in energy trading and related activities.

Equinor has expanded beyond its traditional petroleum business into lower-carbon energy, including offshore wind, carbon capture and storage, and hydrogen-related projects. Its operations and partnerships span several regions, with significant activities on the Norwegian continental shelf as well as projects in Europe, North America, South America and other international markets.

The company was established in 1972 as Den norske stats oljeselskap, commonly known as Statoil, and adopted the name Equinor in 2018 to reflect its broader energy strategy.

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