Erste Group Bank Boosts Earnings Estimates for Equinor ASA

Equinor ASA (NYSE:EQNRFree Report) – Stock analysts at Erste Group Bank increased their FY2026 earnings estimates for Equinor ASA in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $5.13 per share for the year, up from their prior estimate of $4.99. The consensus estimate for Equinor ASA’s current full-year earnings is $4.90 per share. Erste Group Bank also issued estimates for Equinor ASA’s FY2027 earnings at $3.98 EPS.

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

A number of other equities analysts have also recently weighed in on the company. Wall Street Zen raised Equinor ASA from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. DZ Bank raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 6th. Weiss Ratings raised Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. Zacks Research cut Equinor ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, TD Cowen increased their target price on shares of Equinor ASA from $37.00 to $38.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $39.20.

Read Our Latest Stock Report on Equinor ASA

Equinor ASA Stock Up 7.1%

Shares of NYSE EQNR opened at $40.98 on Thursday. 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 has a 12-month low of $22.26 and a 12-month high of $43.46. The company has a market capitalization of $120.66 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 2.53 and a beta of 0.06. The firm’s 50-day moving average is $35.66 and its two-hundred day moving average is $34.37.

Equinor ASA Announces Dividend

The company also recently announced 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 3.8%. The ex-dividend date of this dividend is Monday, November 16th. Equinor ASA’s payout ratio is presently 34.88%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. DJE Kapital AG purchased a new stake in Equinor ASA during the 1st quarter worth $2,913,000. Ashton Thomas Private Wealth LLC purchased a new position in Equinor ASA in the 4th quarter valued at about $4,734,000. QRG Capital Management Inc. boosted its position in Equinor ASA by 38.5% in the 4th quarter. QRG Capital Management Inc. now owns 125,044 shares of the company’s stock valued at $2,955,000 after buying an additional 34,757 shares during the last quarter. Gibbs Wealth Management acquired a new stake in shares of Equinor ASA during the first quarter valued at about $1,189,000. Finally, Jennison Associates LLC acquired a new stake in shares of Equinor ASA during the first quarter valued at about $8,582,000. 5.51% of the stock is currently owned by hedge funds and other institutional investors.

Equinor ASA Company Profile

(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.

See Also

Earnings History and Estimates for Equinor ASA (NYSE:EQNR)

Receive News & Ratings for Equinor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinor ASA and related companies with MarketBeat.com's FREE daily email newsletter.