Equinor ASA FY2026 EPS Estimate Boosted by Erste Group Bank

Equinor ASA (NYSE:EQNR) – Erste Group Bank increased their FY2026 EPS estimates for shares of Equinor ASA in a report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $5.28 per share for the year, up from their previous forecast of $5.18. The consensus estimate for Equinor ASA’s current full-year earnings is $5.29 per share.

Equinor ASA (NYSE:EQNR) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.33 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.06). The business 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%.

Several other equities research analysts have also issued reports on the stock. Weiss Ratings raised shares of Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. Wall Street Zen raised Equinor ASA from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 12th. Royal Bank Of Canada upgraded Equinor ASA from an “underperform” rating to a “sector perform” rating in a research report on Thursday, July 23rd. Bank of America raised Equinor ASA from a “neutral” rating to a “buy” rating and set a $49.00 price objective on the stock in a report on Friday, September 18th. Finally, TD Cowen boosted their price objective on Equinor ASA from $37.00 to $38.00 and gave the company a “hold” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Equinor ASA presently has an average rating of “Hold” and an average price target of $42.47.

Equinor ASA Stock Up 2.6%

Shares of EQNR stock opened at $42.91 on Tuesday. Equinor ASA has a twelve month low of $22.26 and a twelve month high of $45.84. The stock has a market cap of $102.60 billion, a P/E ratio of 11.69, a P/E/G ratio of 1.96 and a beta of 0.03. The stock has a 50 day moving average of $41.49 and a 200 day moving average of $38.56. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 0.56.

Institutional Investors Weigh In On Equinor ASA

Several institutional investors have recently bought and sold shares of EQNR. Envestnet Asset Management Inc. boosted its stake in shares of Equinor ASA by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 199,147 shares of the company’s stock worth $6,253,000 after acquiring an additional 15,122 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Equinor ASA by 2.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 36,842 shares of the company’s stock valued at $1,157,000 after purchasing an additional 923 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Equinor ASA in the 2nd quarter valued at $1,195,000. Integrated Wealth Concepts LLC lifted its holdings in Equinor ASA by 50.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 24,266 shares of the company’s stock valued at $762,000 after purchasing an additional 8,136 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in Equinor ASA by 38.3% in the 2nd quarter. Baird Financial Group Inc. now owns 11,527 shares of the company’s stock valued at $362,000 after purchasing an additional 3,195 shares in the last quarter. 5.51% of the stock is currently owned by institutional investors and hedge funds.

Equinor ASA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Monday, November 16th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Monday, November 16th. Equinor ASA’s dividend payout ratio is 34.88%.

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.