FY2027 EPS Forecast for Equinor ASA Increased by Analyst

Equinor ASA (NYSE:EQNR) – Analysts at Erste Group Bank increased their FY2027 earnings per share estimates for Equinor ASA in a research report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings per share of $4.09 for the year, up from their prior forecast of $3.89. The consensus estimate for Equinor ASA’s current full-year earnings is $5.02 per share.

Several other research firms have also recently weighed in on EQNR. DZ Bank upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Bank of America lowered shares of Equinor ASA from a “buy” rating to a “neutral” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Equinor ASA from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings raised Equinor ASA from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Rothschild & Co Redburn raised Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $35.61.

Equinor ASA Stock Performance

NYSE EQNR opened at $39.63 on Tuesday. The company has a fifty day moving average price of $38.51 and a 200-day moving average price of $29.82. The firm has a market cap of $116.71 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 1.19 and a beta of 0.07. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.24 and a quick ratio of 1.12. Equinor ASA has a 1 year low of $22.26 and a 1 year high of $43.46.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.47. Equinor ASA had a return on equity of 20.01% and a net margin of 5.30%.The business had revenue of $28.40 billion during the quarter, compared to the consensus estimate of $28.73 billion.

Equinor ASA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.56 annualized dividend and a yield of 3.9%. Equinor ASA’s payout ratio is currently 58.72%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Blair William & Co. IL increased its stake in shares of Equinor ASA by 2.7% during the 4th quarter. Blair William & Co. IL now owns 14,837 shares of the company’s stock worth $351,000 after purchasing an additional 389 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Equinor ASA by 1.2% during the third quarter. PNC Financial Services Group Inc. now owns 37,331 shares of the company’s stock valued at $910,000 after purchasing an additional 428 shares during the period. Ballentine Partners LLC grew its holdings in Equinor ASA by 5.0% during the third quarter. Ballentine Partners LLC now owns 9,039 shares of the company’s stock valued at $220,000 after purchasing an additional 434 shares during the period. National Bank of Canada FI increased its position in Equinor ASA by 1.1% in the third quarter. National Bank of Canada FI now owns 39,045 shares of the company’s stock worth $952,000 after buying an additional 437 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Equinor ASA by 7.8% in the fourth quarter. GAMMA Investing LLC now owns 6,148 shares of the company’s stock valued at $145,000 after buying an additional 445 shares during the period. 5.51% of the stock is owned by institutional investors.

Equinor ASA Company Profile

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.