Erste Group Bank Expects Higher Earnings for Equinor ASA

Equinor ASA (NYSE:EQNRFree Report) – Analysts at Erste Group Bank upped their FY2026 EPS estimates for shares of Equinor ASA in a research note issued to investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $4.82 for the year, up from their prior forecast of $4.44. The consensus estimate for Equinor ASA’s current full-year earnings is $5.02 per share.

Equinor ASA (NYSE:EQNRGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.47. The company had revenue of $28.40 billion during the quarter, compared to analysts’ expectations of $28.73 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.01%.

Several other research analysts have also recently issued reports on the stock. UBS Group raised shares of Equinor ASA from a “sell” rating to a “neutral” rating in a report on Friday, March 20th. DZ Bank raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Equinor ASA from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings raised shares of Equinor ASA from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Bank of America cut shares of Equinor ASA from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Equinor ASA presently has an average rating of “Hold” and a consensus price target of $40.20.

Read Our Latest Analysis on EQNR

Equinor ASA Stock Up 2.7%

Shares of Equinor ASA stock opened at $40.74 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.12 and a current ratio of 1.24. The stock has a market capitalization of $119.96 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 1.19 and a beta of 0.07. Equinor ASA has a 52-week low of $22.26 and a 52-week high of $43.46. The company has a 50-day simple moving average of $38.66 and a two-hundred day simple moving average of $29.94.

Equinor ASA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be paid a $0.39 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.8%. Equinor ASA’s payout ratio is currently 58.72%.

Institutional Trading of Equinor ASA

Large investors have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC bought a new stake in shares of Equinor ASA in the first quarter worth approximately $35,000. Assetmark Inc. grew its stake in shares of Equinor ASA by 130.2% in the first quarter. Assetmark Inc. now owns 1,036 shares of the company’s stock worth $44,000 after acquiring an additional 586 shares during the period. UMB Bank n.a. grew its stake in shares of Equinor ASA by 1,794.0% in the fourth quarter. UMB Bank n.a. now owns 1,269 shares of the company’s stock worth $30,000 after acquiring an additional 1,202 shares during the period. Global Retirement Partners LLC grew its stake in shares of Equinor ASA by 86.2% in the fourth quarter. Global Retirement Partners LLC now owns 1,318 shares of the company’s stock worth $31,000 after acquiring an additional 610 shares during the period. Finally, McIlrath & Eck LLC bought a new stake in shares of Equinor ASA in the second quarter worth approximately $36,000. 5.51% of the stock is currently owned by institutional investors.

About Equinor ASA

(Get Free Report)

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.

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