Related posts

Banks lift TSX, CRM sinks DowRally pauses, crypto strugglesCryptos tank, stocks sink
Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

Equitable Group (EQB-T) has been severely beaten up in the last few years due to massive outflow of funds out of Canada, creating many bargains for retail investors. The company has a very good business for investors with high return on equity and consistent growth for the past 20 years. It is very well-managed, exposed to insurance, and reinvests into the company for future growth. However, concerns about the credit cycle tightening and impact on earnings through mortgages due to a potential real estate market snag have also been expressed.

Consensus
Good
Valuation
Fair Value
BUY
Equitable Group
Adding to small- and mid-caps?

That's right. They've been severely beaten up over the last few years. Massive outflow of funds out of Canada, and it hits the smaller stocks even more. A lot of retail investors put in fund redemptions last year, so that created many bargains.

Over the last 6 months, he added to many of his small- and mid-cap positions. Companies like QTRH, JWEL, and EQB.

Financial Services
HOLD
Equitable Group

Very good business for investors. Return on equity very high. Strong management team. Consistent growth for the past 20 years. Only concern is that credit cycle will tighten and make it harder to perform. 

Financial Services
BUY ON WEAKNESS
Equitable Group

Are very well-managed. Are exposed to insurance, too. He's been wanting to buy this for years, but the price keeps running away from him. Trades at 1.3x book and 9.5x PE. Doesn't pay a big dividend, because they reinvest into the company, which is good.

Financial Services
DON'T BUY
Equitable Group

Good, but is less diversified than the Canadian banks. Also, he fears the real estate market will hit a bigger snag than many believe, and that would impact EQB earnings (through mortgages).

Financial Services
WAIT
Equitable Group

Great company, alternative lender, very well managed. Though stock's not that expensive, he's waiting for a pullback. Rising rates haven't slowed the mortgage market to a significant enough degree to impact the share price.

Financial Services
BUY ON WEAKNESS
Equitable Group

It is very well managed and has a high ROE. There are risks in the sector with a real estate slowdown. Still not priced low enough yet, so wait.

Financial Services
HOLD
Equitable Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

One of the criteria we used is Total long-term debt to Total Equity less than 1.5x, and EQB does not meet those criteria. 
However, we think EQB’s capital base is good, growth has been strong recently. 
We like EQB and would be comfortable holding it for the long term. 
Unlock Premium - Try 5i Free

Financial Services
BUY
Equitable Group

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. 10-year ROE average of 16.6%. More than 340,000 customers. Recent acquisition of Concentra Bank. Strong balance sheet and valuation. Unlock Premium - Try 5i Free

Financial Services
WEAK BUY
Equitable Group
Trading close to book value. He's looking at it. Concerns are net interest margins and funding costs. Fairly diversified portfolio of sources of capital. Potential loan growth might be stunted with housing slowdown. Improved commercial mortgages. Pending acquisition should go well.
Financial Services
Unspecified
Equitable Group
It is a fantastic business and has been a solid performer for many years. Other names will give better growth.
Financial Services
BUY
Equitable Group
Extremely well managed company. Very successful in gaining market share in alternative lending. Launching initiative to become a challenger bank (will be 6th or 7th largest bank in Canada soon). Current share price presenting good buying opportunity. Share price to book value is currently a good price.
Financial Services
HOLD
Equitable Group
Very well managed company. Has recently sold position as share price increased. Very strong growth in recent years with pandemic. Challenger bank that is executing well and growing. Dividend increasing, and stock priced cheap compared to large Canadian banks.
Financial Services
BUY
Equitable Group
A great business with a strong management team. They take advantage of inefficiencies in Canadian industry that banks are not doing. Their bank offering is doing well with increase in account openings. They have seen big deferrals from last quarter but it has now stabilized. There is good organic growth and a possible expansion of the addressable market.
Financial Services
PARTIAL SELL
Equitable Group
We aren't to going to have enough homes for retirees. Living in your home is going to be a big thing and reverse mortgages are going to be a big thing. He does not know if equitable is going to be the place to play this. He would partial sell these REITs at the moment.
Financial Services
PAST TOP PICK
Equitable Group
(A Top Pick Jun 27/18, Up 17%) It had been dragged down with the Home Capital concerns a year ago. They had three dividend bumps over the year. It trades at 6.5 times earnings.
Financial Services
Showing 1 to 15 of 48 entries

Equitable Group(EQB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Equitable Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Equitable Group(EQB-T) Frequently Asked Questions

What is Equitable Group stock symbol?

Equitable Group is a Canadian stock, trading under the symbol EQB-T on the Toronto Stock Exchange (EQB-CT). It is usually referred to as TSX:EQB or EQB-T

Is Equitable Group a buy or a sell?

In the last year, 4 stock analysts published opinions about EQB-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Equitable Group.

Is Equitable Group a good investment or a top pick?

Equitable Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Equitable Group.

Why is Equitable Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Equitable Group worth watching?

4 stock analysts on Stockchase covered Equitable Group In the last year. It is a trending stock that is worth watching.

What is Equitable Group stock price?

On 2024-07-12, Equitable Group (EQB-T) stock closed at a price of $95.64.