Shares of Equinor ASA (NYSE:EQNR – Get Free Report) have been given an average recommendation of “Hold” by the fourteen brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $41.20.
EQNR has been the topic of a number of recent analyst reports. TD Cowen increased their target price on shares of Equinor ASA from $40.00 to $42.00 and gave the company a “hold” rating in a research report on Friday, June 5th. Rothschild & Co Redburn raised shares of Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. DZ Bank raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. Weiss Ratings raised shares of Equinor ASA from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, UBS Group raised shares of Equinor ASA from a “sell” rating to a “neutral” rating in a research report on Friday, March 20th.
Get Our Latest Research Report on Equinor ASA
Institutional Inflows and Outflows
Equinor ASA Trading Down 1.6%
NYSE EQNR opened at $36.16 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.24 and a quick ratio of 1.12. The firm’s fifty day moving average price is $38.37 and its 200 day moving average price is $31.59. The company has a market capitalization of $106.48 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.06 and a beta of 0.03. Equinor ASA has a 12 month low of $22.26 and a 12 month high of $43.46.
Equinor ASA (NYSE:EQNR – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.47. The firm had revenue of $28.40 billion for the quarter, compared to the consensus estimate of $28.73 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.01%. On average, sell-side analysts expect that Equinor ASA will post 5.22 earnings per share for the current fiscal year.
Equinor ASA Dividend Announcement
The firm 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 dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, August 14th. Equinor ASA’s dividend payout ratio (DPR) is presently 58.72%.
About Equinor ASA
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.
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