Erste Group Bank Weighs in on Equinor ASA FY2026 Earnings

Equinor ASA (NYSE:EQNR) – Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for Equinor ASA in a research note issued on Friday, September 18th. Erste Group Bank analyst H. Engel now expects that the company will earn $5.28 per share for the year, up from their previous estimate of $5.18. The consensus estimate for Equinor ASA’s current full-year earnings is $5.27 per share.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $1.33 earnings per share 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 firm had revenue of $34.02 billion during the quarter, compared to analyst estimates of $34.03 billion.

Other analysts also recently issued reports about the stock. Zacks Research downgraded shares of Equinor ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Royal Bank Of Canada upgraded Equinor ASA from an “underperform” rating to a “sector perform” rating in a report on Thursday, July 23rd. Weiss Ratings raised Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research report on Thursday, July 23rd. Wall Street Zen raised Equinor ASA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 12th. Finally, TD Cowen raised their price objective on 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, two have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $42.47.

Equinor ASA Trading Down 3.5%

Shares of NYSE EQNR opened at $42.53 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.18 and a debt-to-equity ratio of 0.56. Equinor ASA has a 12 month low of $22.26 and a 12 month high of $45.84. The company has a market cap of $101.68 billion, a price-to-earnings ratio of 11.59, a P/E/G ratio of 2.08 and a beta of 0.03. The business has a fifty day simple moving average of $41.23 and a 200-day simple moving average of $38.41.

Equinor ASA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, November 16th. Equinor ASA’s dividend payout ratio (DPR) is 34.88%.

Institutional Trading of Equinor ASA

Several large investors have recently made changes to their positions in EQNR. Cassaday & Co Wealth Management LLC acquired a new position in shares of Equinor ASA during the 1st quarter valued at about $35,000. Eastern Bank bought a new stake in Equinor ASA during the second quarter worth approximately $35,000. Assetmark Inc. grew its holdings in Equinor ASA by 130.2% during the first quarter. Assetmark Inc. now owns 1,036 shares of the company’s stock valued at $44,000 after purchasing an additional 586 shares during the last quarter. Arlington Trust Co LLC grew its holdings in Equinor ASA by 1,581.9% during the second 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 during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Equinor ASA by 429.3% in the fourth 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

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.