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Equitable Group Stock

Equitable Group Market capitalization 2024

Equitable Group Market capitalization

4.1 B CAD

Ticker

EQB.TO

ISIN

CA2945051027

WKN

A0MLZ7

In 2024, Equitable Group's market cap stood at 4.1 B CAD, a 41.67% increase from the 2.89 B CAD market cap in the previous year.

The Equitable Group Market capitalization history

YEARMarket Capitalization (undefined CAD)
20232.64
20222.1
20214.26
20202.76
20192.82
20182.06
20171.99
20161.75
20151.81
20141.9
20131.26
20120.88
20110.83
20100.67
20090.5
20080.56
20070.8
20060.66
20050.58
20040.44

Equitable Group Aktienanalyse

What does Equitable Group do?

The Equitable Group Inc. is a Canadian company based in Toronto that has been operating in the financial industry for over 150 years. Initially founded in 1859 as the Equitable Life Insurance Company of Canada, the company has evolved over the years into a diversified financial services provider. The Equitable Group's business model can be described as "banking and services". The company specializes primarily in providing mortgage loans to individual customers. However, it also offers a wide range of financial services, including savings and checking accounts, money market accounts, investment funds, asset management, and deposit insurance. The Equitable Life Insurance Company of Canada was originally founded by businessman Gilbert McMicken, who became wealthy in 1857 after acquiring large land holdings in the British colony of Canada West. Two years later, he founded the Equitable Life Insurance Company, and the company began selling life insurance in Ontario. Over the following decades, the company grew rapidly and became one of the leading life insurance companies in Canada. In 1957, the company was restructured and renamed the Equitable Trust Company, transforming it into an asset management firm. In the years that followed, the company expanded into other areas of the financial industry, including mortgages. Today, the Equitable Group is divided into two main subsidiaries: Equitable Bank and Equitable Trust. Equitable Bank is the larger of the two companies and offers a variety of banking products and services. Its business lines include mortgages, savings deposits, money market accounts, lines of credit, and investment funds. Equitable Bank's products include mortgages with various terms, as well as commercial real estate financing and microloans. In recent years, the company has also specialized in providing mortgages for self-employed individuals and alternative financing models in the real estate sector. In conclusion, the Equitable Group has long been a key player in the Canadian financial industry and has established itself as one of the country's leading mortgage providers in recent decades. Thanks to its wide range of products and services, as well as its long-term experience and track record, Equitable has become a trusted and popular partner for many customers and investors. Equitable Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Equitable Group's Market Capitalization

Equitable Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Equitable Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Equitable Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Equitable Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Equitable Group stock

What is the current Equitable Group market capitalization?

The current market capitalization of Equitable Group is 4.1 B CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Equitable Group.

How has the market capitalization of Equitable Group developed in recent years?

The market capitalization of Equitable Group has increased/decreased by 41.67% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Equitable Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Equitable Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Equitable Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Equitable Group pay?

Over the past 12 months, Equitable Group paid a dividend of 1.5 CAD . This corresponds to a dividend yield of about 1.39 %. For the coming 12 months, Equitable Group is expected to pay a dividend of 1.63 CAD.

What is the dividend yield of Equitable Group?

The current dividend yield of Equitable Group is 1.39 %.

When does Equitable Group pay dividends?

Equitable Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Equitable Group?

Equitable Group paid dividends every year for the past 23 years.

What is the dividend of Equitable Group?

For the upcoming 12 months, dividends amounting to 1.63 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Equitable Group located?

Equitable Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Equitable Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Equitable Group from 9/30/2024 amounting to 0.47 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Equitable Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Equitable Group in the year 2023?

In the year 2023, Equitable Group distributed 1.21 CAD as dividends.

In which currency does Equitable Group pay out the dividend?

The dividends of Equitable Group are distributed in CAD.

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Andere Kennzahlen von Equitable Group

Our stock analysis for Equitable Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Equitable Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.