- Equinor (EQNR, Financial) maintains its quarterly dividend, projecting a forward yield of 5.78%.
- Commencing a significant share buyback plan to enhance shareholder value.
- Current analyst ratings and price targets suggest potential downside risk.
Equinor's Stable Dividend and Strategic Share Buyback
Equinor ASA (NYSE: EQNR) has recently confirmed it will sustain its quarterly dividend payment at $0.37 per share, which translates to a robust forward yield of 5.78%. This is an appealing factor for income-focused investors. The dividend is scheduled to be paid on November 26, with an ex-dividend date set for November 14. Furthermore, Equinor is poised to kick off the third phase of its ambitious 2025 share repurchase plan on July 24, 2025. The company plans to buy back up to $1,265 million in shares, effectively reducing share capital and potentially increasing the value per share.
Wall Street Analysts' Price Forecast and Recommendations
According to projections from four Wall Street analysts, the average one-year price target for Equinor ASA (EQNR, Financial) stands at $24.08, with forecasts ranging from a high of $29.00 to a low of $21.00. This puts the average forecast at approximately a 5.94% downside from its current trading price of $25.60. Investors can explore detailed estimation data by visiting the Equinor ASA (EQNR) Forecast page.
The consensus from four brokerage firms places Equinor ASA at an average recommendation rating of 2.8, which translates to a "Hold" status. The brokerage rating system spans from 1 to 5, with 1 indicating a Strong Buy and 5 suggesting a Sell.
Evaluating Equinor's GF Value
GuruFocus estimates the one-year GF Value for Equinor ASA (EQNR, Financial) to be $23.92, indicating a potential downside of 6.56% from the current price of $25.60. The GF Value is a measure of the fair value estimation based on historical trading multiples, past business growth, and projected future performance. Investors interested in a comprehensive analysis can find more data on the Equinor ASA (EQNR) Summary page.
