Equity Bancshares (EQBK) Stock Forecast, Price Target & Predictions
EQBK Stock Forecast
Equity Bancshares stock forecast is as follows: an average price target of $45.50 (represents a 7.51% upside from EQBK’s last price of $42.32) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
EQBK Price Target
The average price target for Equity Bancshares (EQBK) is $45.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $45.00. This represents a potential 7.51% upside from EQBK's last price of $42.32.
EQBK Analyst Ratings
According to 2 Wall Street analysts, Equity Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for EQBK stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Equity Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Jeff Rulis | D.A. Davidson | $45.00 | $44.34 | 1.49% | 6.33% |
| Oct 14, 2024 | Terry McEvoy | Stephens | $46.00 | $41.96 | 9.63% | 8.70% |
| Jul 18, 2024 | Terry McEvoy | Stephens | $45.00 | $40.66 | 10.67% | 6.33% |
| Jun 13, 2024 | Andrew Liesch | Piper Sandler | $40.00 | $33.64 | 18.91% | -5.48% |
| Apr 23, 2024 | Andrew Liesch | Piper Sandler | $38.00 | $32.91 | 15.47% | -10.21% |
| Apr 17, 2024 | Jeff Rulis | D.A. Davidson | $35.00 | $31.80 | 10.06% | -17.30% |
The latest Equity Bancshares stock forecast, released on Oct 16, 2024 by Jeff Rulis from D.A. Davidson, set a price target of $45.00, which represents a 1.49% increase from the stock price at the time of the forecast ($44.34), and a 6.33% increase from EQBK last price ($42.32).
Equity Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $45.50 | $41.50 |
| Last Closing Price | $42.32 | $42.32 | $42.32 |
| Upside/Downside | -100.00% | 7.51% | -1.94% |
In the current month, the average price target of Equity Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Equity Bancshares's last price of $42.32. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Stephens | Equal-Weight | Overweight | Upgrade |
| Jul 18, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 13, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 17, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Equity Bancshares's last stock rating was published by Stephens on Oct 14, 2024. The company Upgrade its EQBK rating from "Equal-Weight" to "Overweight".
Equity Bancshares Financial Forecast
Equity Bancshares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.10M | $45.72M | $47.56M | $31.00K | $50.19M | $47.91M | $47.63M | $45.62M | $46.13M | $42.41M | $37.86M | $41.52M | $38.03M | $37.91M | $36.74M | $38.30M | $37.44M |
| Avg Forecast | $63.62M | $62.72M | $61.22M | $59.86M | $60.29M | $59.44M | $58.15M | $56.67M | $55.96M | $56.09M | $55.09M | $52.80M | $48.92M | $48.13M | $48.12M | $49.48M | $51.13M | $48.50M | $47.07M | $45.53M | $45.30M | $39.90M | $37.97M | $38.53M | $38.19M | $38.31M | $36.66M | $37.30M | $37.44M | $37.88M |
| High Forecast | $63.88M | $62.97M | $61.47M | $60.10M | $60.53M | $59.68M | $58.38M | $56.89M | $56.18M | $56.15M | $55.31M | $52.80M | $49.12M | $48.33M | $48.31M | $49.68M | $51.33M | $48.95M | $47.50M | $45.94M | $45.71M | $40.26M | $38.31M | $38.89M | $38.53M | $38.66M | $36.99M | $37.64M | $37.79M | $38.23M |
| Low Forecast | $63.20M | $62.30M | $60.81M | $59.46M | $59.88M | $59.04M | $57.76M | $56.29M | $55.58M | $56.02M | $54.72M | $52.80M | $48.59M | $47.81M | $47.80M | $49.15M | $50.79M | $48.24M | $46.81M | $45.28M | $45.05M | $39.68M | $37.76M | $38.32M | $37.97M | $38.10M | $36.45M | $37.10M | $37.24M | $37.67M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.95% | 0.96% | 0.00% | 1.03% | 1.02% | 1.05% | 1.01% | 1.16% | 1.12% | 0.98% | 1.09% | 0.99% | 1.03% | 0.98% | 1.02% | 0.99% |
Equity Bancshares's average Quarter revenue forecast for Dec 23 based on 3 analysts is $48.92M, with a low forecast of $48.59M, and a high forecast of $49.12M. EQBK's average Quarter revenue forecast represents a -0.36% decrease compared to the company's last Quarter revenue of $49.10M (Sep 23).
Equity Bancshares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.07M | $35.70M | $32.78M | $28.87M | $26.37M | $23.47M | $25.06M | $16.52M | $20.73M | $25.47M | $25.59M | $21.21M | $-85.91M | $9.30M | $12.09M | $25.68M | $28.10M |
| Avg Forecast | $8.79M | $8.67M | $8.46M | $8.27M | $8.33M | $8.21M | $8.03M | $7.83M | $7.73M | $7.75M | $7.61M | $17.47M | $6.76M | $6.65M | $6.65M | $15.88M | $17.23M | $7.18M | $6.97M | $14.44M | $6.70M | $5.90M | $5.62M | $25.44M | $5.65M | $5.67M | $5.42M | $19.87M | $5.54M | $5.61M |
| High Forecast | $8.83M | $8.70M | $8.49M | $8.30M | $8.36M | $8.25M | $8.07M | $7.86M | $7.76M | $7.76M | $7.64M | $20.97M | $6.79M | $6.68M | $6.68M | $19.06M | $20.67M | $7.24M | $7.03M | $17.33M | $6.77M | $5.96M | $5.67M | $30.53M | $5.70M | $5.72M | $5.47M | $23.85M | $5.59M | $5.66M |
| Low Forecast | $8.73M | $8.61M | $8.40M | $8.22M | $8.27M | $8.16M | $7.98M | $7.78M | $7.68M | $7.74M | $7.56M | $13.98M | $6.71M | $6.61M | $6.60M | $12.71M | $13.78M | $7.14M | $6.93M | $11.55M | $6.67M | $5.87M | $5.59M | $20.35M | $5.62M | $5.64M | $5.40M | $15.90M | $5.51M | $5.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.27% | 5.37% | 2.06% | 1.68% | 3.67% | 3.37% | 1.74% | 2.46% | 3.51% | 4.53% | 1.01% | 3.75% | -15.15% | 1.71% | 0.61% | 4.63% | 5.01% |
3 analysts predict EQBK's average Quarter EBITDA for Dec 23 to be $6.76M, with a high of $6.79M and a low of $6.71M. This is -55.15% lower than Equity Bancshares's previous annual EBITDA (Sep 23) of $15.07M.
Equity Bancshares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.34M | $11.46M | $12.32M | $11.61M | $15.17M | $15.26M | $15.65M | $10.47M | $11.77M | $15.17M | $15.07M | $12.49M | $-90.41M | $1.69M | $1.26M | $10.01M | $10.41M |
| Avg Forecast | $17.30M | $16.52M | $15.74M | $14.88M | $15.64M | $14.96M | $14.22M | $13.10M | $14.03M | $15.36M | $14.18M | $10.91M | $-29.08M | $11.31M | $10.63M | $9.92M | $10.92M | $12.52M | $11.62M | $9.02M | $8.96M | $11.13M | $9.66M | $14.99M | $8.31M | $6.64M | $2.05M | $2.07M | $9.23M | $9.35M |
| High Forecast | $17.39M | $16.60M | $15.82M | $14.96M | $15.72M | $15.03M | $14.29M | $13.17M | $14.18M | $15.42M | $14.26M | $13.09M | $-28.83M | $11.37M | $10.69M | $11.90M | $13.10M | $12.66M | $11.76M | $10.82M | $9.07M | $11.26M | $9.77M | $17.99M | $8.40M | $6.72M | $2.07M | $2.48M | $9.34M | $9.46M |
| Low Forecast | $17.15M | $16.37M | $15.61M | $14.75M | $15.50M | $14.83M | $14.09M | $12.99M | $13.72M | $15.30M | $14.06M | $8.73M | $-29.23M | $11.21M | $10.54M | $7.94M | $8.73M | $12.43M | $11.54M | $7.21M | $8.90M | $11.05M | $9.59M | $11.99M | $8.25M | $6.60M | $2.03M | $1.65M | $9.17M | $9.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.24% | 1.06% | 1.21% | 1.31% | 1.74% | 1.17% | 1.06% | 1.57% | 1.01% | 1.50% | -13.61% | 0.82% | 0.61% | 1.08% | 1.11% |
Equity Bancshares's average Quarter net income forecast for Dec 23 is $-29.08M, with a range of $-29.23M to $-28.83M. EQBK's average Quarter net income forecast represents a -335.64% decrease compared to the company's last Quarter net income of $12.34M (Sep 23).
Equity Bancshares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.94M | $17.00M | $18.21M | $18.38M | $22.03M | $21.19M | $20.89M | $21.30M | $18.85M | $18.31M | $17.43M | $19.25M | $18.50M | $17.02M | $18.25M | $16.43M | $17.50M |
| Avg Forecast | $28.79M | $28.38M | $27.71M | $27.09M | $27.28M | $26.90M | $26.31M | $25.64M | $25.32M | $25.38M | $24.93M | $14.56M | $22.14M | $21.78M | $21.78M | $13.24M | $22.22M | $21.95M | $21.30M | $12.03M | $20.50M | $18.05M | $17.18M | $17.33M | $17.28M | $17.34M | $16.59M | $30.00M | $16.94M | $17.14M |
| High Forecast | $28.91M | $28.50M | $27.82M | $27.20M | $27.39M | $27.01M | $26.42M | $25.75M | $25.42M | $25.41M | $25.03M | $17.47M | $22.23M | $21.87M | $21.86M | $15.89M | $26.66M | $22.15M | $21.50M | $14.44M | $20.69M | $18.22M | $17.34M | $20.80M | $17.44M | $17.50M | $16.74M | $35.99M | $17.10M | $17.30M |
| Low Forecast | $28.60M | $28.19M | $27.52M | $26.91M | $27.10M | $26.72M | $26.14M | $25.47M | $25.15M | $25.35M | $24.76M | $11.65M | $21.99M | $21.64M | $21.63M | $10.59M | $17.77M | $21.83M | $21.18M | $9.63M | $20.39M | $17.96M | $17.09M | $13.87M | $17.18M | $17.24M | $16.50M | $24.00M | $16.85M | $17.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.78% | 1.38% | 0.83% | 1.00% | 0.99% | 1.74% | 1.04% | 1.04% | 1.07% | 1.01% | 1.11% | 1.07% | 1.03% | 0.61% | 0.97% | 1.02% |
Equity Bancshares's average Quarter SG&A projection for Dec 23 is $22.14M, based on 3 Wall Street analysts, with a range of $21.99M to $22.23M. The forecast indicates a 23.43% rise compared to EQBK last annual SG&A of $17.94M (Sep 23).
Equity Bancshares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.80 | $0.74 | $0.78 | $0.73 | $0.94 | $0.95 | $0.94 | $0.62 | $0.82 | $1.06 | $1.04 | $0.85 | $-6.01 | $0.11 | $0.08 | $0.65 | $0.67 |
| Avg Forecast | $1.12 | $1.07 | $1.02 | $0.96 | $1.01 | $0.97 | $0.92 | $0.85 | $0.91 | $0.99 | $0.92 | $0.85 | $-1.88 | $0.73 | $0.69 | $0.75 | $0.81 | $0.81 | $0.75 | $0.63 | $0.58 | $0.72 | $0.63 | $0.56 | $0.54 | $0.43 | $0.13 | $0.46 | $0.60 | $0.60 |
| High Forecast | $1.13 | $1.07 | $1.02 | $0.97 | $1.02 | $0.97 | $0.92 | $0.85 | $0.92 | $1.00 | $0.92 | $0.85 | $-1.87 | $0.74 | $0.69 | $0.75 | $0.82 | $0.82 | $0.76 | $0.64 | $0.59 | $0.73 | $0.63 | $0.57 | $0.54 | $0.44 | $0.13 | $0.46 | $0.60 | $0.61 |
| Low Forecast | $1.11 | $1.06 | $1.01 | $0.95 | $1.00 | $0.96 | $0.91 | $0.84 | $0.89 | $0.99 | $0.91 | $0.84 | $-1.89 | $0.73 | $0.68 | $0.74 | $0.80 | $0.80 | $0.75 | $0.63 | $0.58 | $0.71 | $0.62 | $0.56 | $0.53 | $0.43 | $0.13 | $0.45 | $0.59 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.04% | 0.90% | 1.16% | 1.26% | 1.49% | 1.07% | 1.14% | 1.70% | 1.85% | 1.58% | -13.98% | 0.83% | 0.18% | 1.09% | 1.11% |
According to 3 Wall Street analysts, Equity Bancshares's projected average Quarter EPS for Dec 23 is $-1.88, with a low estimate of $-1.89 and a high estimate of $-1.87. This represents a -335.25% decrease compared to EQBK previous annual EPS of $0.80 (Sep 23).
Equity Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFB | CrossFirst Bankshares | $16.63 | $20.00 | 20.26% | Buy |
| HBCP | Home Bancorp | $48.80 | $50.00 | 2.46% | Buy |
| HFWA | Heritage Financial | $25.67 | $26.00 | 1.29% | Hold |
| EQBK | Equity Bancshares | $45.50 | $45.50 | - | Buy |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |
| ISTR | Investar | $23.01 | $13.50 | -41.33% | Buy |