In the latest trading session,, 1.06 million Equitable Holdings Inc (NYSE:EQH) shares changed hands as the company’s beta touched 1.13. With the company’s most recent per share price at $48.21 changed hands at -$2.81 or -5.52% at last look, the market valuation stands at $14.79B. EQH’s current price is a discount, trading about -16.16% off its 52-week high of $56.00. The share price had its 52-week low at $36.46, which suggests the last value was 24.37% up since then. When we look at Equitable Holdings Inc’s average trading volume, we note the 10-day average is 2.23 million shares, with the 3-month average coming to 3.12 million.
Analysts gave the Equitable Holdings Inc (EQH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EQH as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Equitable Holdings Inc (NYSE:EQH) trade information
Instantly EQH was in red as seen in intraday trades today. With action -1.40%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2.19%, with the 5-day performance at -1.40% in the red. However, in the 30-day time frame, Equitable Holdings Inc (NYSE:EQH) is -7.46% down. Looking at the short shares, we see there were 5.36 million shares sold at short interest cover period of 1.43 days.
The consensus price target for the stock as assigned by Wall Street analysts is 72.5, meaning bulls need an upside of 33.5% from its recent market value. According to analyst projections, EQH’s forecast low is 68 with 77 as the target high. To hit the forecast high, the stock’s price needs a -59.72% plunge from its current level, while the stock would need to soar -41.05% for it to hit the projected low.
The 2025 estimates are for Equitable Holdings Inc earnings to increase by 14.92%, but the outlook for the next 5-year period is at 17.79% per year.
EQH Dividends
Equitable Holdings Inc is expected to release its next quarterly earnings report on 2025-Apr-28. The 1.99% annual yield figure for the share gives it an annual dividend of 0.96. It is important to note, however, that the 1.99% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.52 per year.
Equitable Holdings Inc (NYSE:EQH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.52% of Equitable Holdings Inc shares while 101.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.38%. There are 101.84% institutions holding the Equitable Holdings Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.2152% of the shares, roughly 36.36 million EQH shares worth $1.49 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.1204% or 26.33 million shares worth $1.08 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . With 9.76 shares estimated at $471.67 million under it, the former controlled 3.18% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 2.67% of the shares, roughly 8.19 shares worth around $395.6 million.
