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Saturday, December 9, 2023

An Evaluation Of Equitable Holdings Inc (NYSE: EQH) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Equitable Holdings Inc (EQH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.21, or -0.76%, to $27.60. The Equitable Holdings Inc has recorded 55,032 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Equitable Enhances EB360® Platform with Digital Onboarding.

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Stocks Info

EQH belongs to the Financial sector of the NYSE while operating in the Insurance – Diversified industry. At the end of the last regular session, the stock closed at $27.81 and fluctuated between $28.17 as its day high and $26.96 as its day low. The current market capitalization of Equitable Holdings Inc is $9.41B. A total of 1.84 million shares were traded on the day, compared to an average of 2.12M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, EQH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 49 BUYs and 24 SELLs from insiders. Insiders purchased 718,959 shares during that period but sold 376,887.

In the most recent transaction, Matus Kristi Ann sold 19,297 shares of EQH for 23.34 per share on Mar 24. After the transaction, the Director now owns 0 company shares. In a previous transaction on Mar 22, Eckert William James IV sold 8,100 shares at 25.38 per share. EQH shares that Chief Accounting Officer owns now total 27,062.

Among the insiders who bought shares, Raju Robin M acquired of 2,096 shares on Mar 15 at a per-share price of $23.78. This resulted in the Chief Financial Officer holding 96,226 shares of EQH after the transaction. In another insider transaction, Pearson Mark sold 30,000 shares at $30.19 per share on Nov 15. Company shares held by the President and CEO now total 425,307.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Equitable Holdings Inc pays an annual dividend of $0.84, resulting in a dividend yield of 3.03%, and it has a price to earnings (P/E) ratio of 8.40. EQH’s most recent ex-dividend date was 8/4/2023 when it declared a $0.22 quarterly dividend that was paid in cash on 8/14/2023. Previously, the company paid the dividend on 6/12/2023 with an ex-dividend date of 6/2/2023. The EQH stock dividend was $0.22 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for EQH in the last 3 months, the mean price target is $34.91 with high estimates of $41.00 and low estimates of $28.00. In terms of 52-week highs and lows, EQH has a high of $33.24 and a low of $21.89.

As of this writing, EQH has an earnings estimate of $1.31 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.41 per share and a lower estimate of $1.23. The company reported an EPS of $1.17 in the last quarter, which was -0.80% lower than expectations of $1.18.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EQH’s latest balance sheet shows that the firm has $5.19B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $0.23, while its Total Shareholder’s Equity was $13.56B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EQH is Buy with a score of 4.17.

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