Erste Group Bank Forecasts Higher Earnings for Equinor ASA

Equinor ASA (NYSE:EQNR) – Equities researchers at Erste Group Bank increased their FY2026 earnings estimates for shares of Equinor ASA in a report 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 forecast of $5.09. The consensus estimate for Equinor ASA’s current full-year earnings is $5.22 per share.

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

Equinor ASA Stock Down 0.7%

Shares of EQNR opened at $44.48 on Monday. The stock has a market capitalization of $106.35 billion, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 2.13 and a beta of 0.03. Equinor ASA has a 1 year low of $22.26 and a 1 year high of $45.62. The business’s 50 day simple moving average is $40.26 and its 200-day simple moving average is $37.92. 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) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $34.03 billion.

Equinor ASA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Monday, November 16th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, November 16th. Equinor ASA’s dividend payout ratio (DPR) is currently 34.88%.

Hedge Funds Weigh In On Equinor ASA

Several hedge funds have recently bought and sold shares of the business. Inspire Investing LLC raised its stake in Equinor ASA by 4.5% in the first quarter. Inspire Investing LLC now owns 11,657 shares of the company’s stock worth $492,000 after buying an additional 503 shares in the last quarter. Assetmark Inc. boosted its position in Equinor ASA by 130.2% during the 1st quarter. Assetmark Inc. now owns 1,036 shares of the company’s stock valued at $44,000 after acquiring an additional 586 shares in the last quarter. Independent Advisor Alliance increased its holdings in shares of Equinor ASA by 3.4% in the 4th quarter. Independent Advisor Alliance now owns 21,468 shares of the company’s stock valued at $507,000 after acquiring an additional 701 shares during the period. Corient Private Wealth LLC raised its position in shares of Equinor ASA by 1.5% in 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 in the last quarter. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Equinor ASA during the 1st quarter worth $35,000. Institutional investors own 5.51% of the company’s stock.

About Equinor ASA

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.