Erste Group Bank Forecasts Weaker Earnings for Equinor ASA

Equinor ASA (NYSE:EQNR) – Equities researchers at Erste Group Bank lowered their FY2026 EPS estimates for Equinor ASA in a research note issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $5.09 per share for the year, down from their prior estimate of $5.11. The consensus estimate for Equinor ASA’s current full-year earnings is $4.92 per share. Erste Group Bank also issued estimates for Equinor ASA’s FY2027 earnings at $4.00 EPS.

Equinor ASA (NYSE:EQNR) last posted 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). The company had revenue of $34.02 billion during the quarter, compared to analyst estimates of $34.03 billion. Equinor ASA had a net margin of 7.92% and a return on equity of 23.60%.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada raised Equinor ASA from an “underperform” rating to a “sector perform” rating in a research note on Thursday, July 23rd. Weiss Ratings raised Equinor ASA from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. TD Cowen upped their target price on Equinor ASA from $37.00 to $38.00 and gave the company a “hold” rating in a report on Friday, July 24th. Zacks Research downgraded shares of Equinor ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Wall Street Zen downgraded shares of Equinor ASA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Equinor ASA has a consensus rating of “Hold” and an average target price of $39.20.

Equinor ASA Stock Up 3.6%

Shares of EQNR opened at $42.87 on Monday. The company has a market capitalization of $102.49 billion, a PE ratio of 11.68, a PEG ratio of 2.73 and a beta of 0.04. Equinor ASA has a 12 month low of $22.26 and a 12 month high of $43.46. The stock’s 50-day moving average price is $37.84 and its two-hundred day moving average price is $36.84. 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 Trading of Equinor ASA

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its stake in Equinor ASA by 30.2% in the third quarter. Bank of America Corp DE now owns 15,759,942 shares of the company’s stock valued at $384,227,000 after purchasing an additional 3,659,611 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Equinor ASA by 599.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 12,966,671 shares of the company’s stock valued at $547,194,000 after buying an additional 11,112,362 shares during the period. Morgan Stanley grew its stake in shares of Equinor ASA by 5.6% in the 4th quarter. Morgan Stanley now owns 9,250,933 shares of the company’s stock valued at $218,600,000 after buying an additional 493,801 shares during the period. Earnest Partners LLC grew its stake in shares of Equinor ASA by 10.3% in the 4th quarter. Earnest Partners LLC now owns 4,288,512 shares of the company’s stock valued at $101,338,000 after buying an additional 401,424 shares during the period. Finally, Wellington Management Group LLP increased its position in Equinor ASA by 0.7% in the 3rd quarter. Wellington Management Group LLP now owns 3,852,448 shares of the company’s stock valued at $93,923,000 after buying an additional 25,250 shares in the last quarter. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, November 16th. Equinor ASA’s dividend payout ratio is presently 34.88%.

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.