Reading EQH? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track EQH free→Reading EQH? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track EQH free→NYSEFinancialsAsset ManagementSnapshot 2026-06-12
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, while management's recent track record has been steady and capital-friendly. Earnings quality cannot be assessed since the company was unprofitable over the past year. Peer multiples imply a price about 40% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile. If EQH cuts guidance on the next call, that could be a meaningful negative. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 7 valuation methods, at three horizons. Current price $44.02. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $44 EQH trades at 7× p/e, below its 13× p/e peer median. Our $74 fair value sits above the price; low confidence. Analysts: $51–$63. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 40% below a flat-multiple fair value, in line with our forecast of about -35%. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted -1.28x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.70 → $1.68 (-1.3% / 30d). 1 raised, 7 cut, 12 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 100% of analysts rate Buy.
1 PT revisions / 30d. Avg target 50.3% above current price.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$147.
How much price usually moves either way.
On a bad day, this stock has moved -$301.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,587.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: The Q2 earnings will show if Equitable can meet its $1.8B cash generation goal for 2026.
Confirms one read:Q2 earnings report shows cash generation of $450M or more.
Confirms the other:Q2 earnings report shows cash generation below $400M.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for EQH yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 4, 2026, Equitable Holdings, Inc. (“EQH”) issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release containing this information is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. In addition, more detailed financial information may be found in EQH’s Financial Supplement for the quarter ended March 31, 2026. A copy of the Financial Supplement for the q…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$51.00 – $63.00 (median $58.00) · 7 analysts · as of 2026-06-11
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Financials (broad).
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
EQH Equitable Holdings | Below typical Show detailsSector percentile: 11 of 100 | inexpensive | moderate |
EWBC East West Bancorp | Above typical Show detailsSector percentile: 77 of 100 | full | moderate |
NLY Annaly Capital Management | Typical Show detailsSector percentile: 36 of 100 | full | moderate |
CG Carlyle Group | Below typical Show detailsSector percentile: 9 of 100 | full | elevated |
UNM Unum | Below typical Show detailsSector percentile: 14 of 100 | full | moderate |
1 material management or governance event in the past 24 months, led by capital-allocation actions. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 56% for the rest of the cohort, n=3736).
Not investment advice. As of 2026-06-12.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Management aims to generate $1.8 billion in cash for the fiscal year 2026.
Management targets over 15% growth in earnings per share for the fiscal year 2026.
Management has announced a share buyback program as part of its capital allocation strategy.
Equitable Holdings aims to maintain its dividend per share as part of its shareholder return strategy.
Equitable Holdings is focused on improving net income as part of its financial performance goals.
Why it matters: Keeping the dividend shows strong cash flow and care for shareholders. Changes may affect investor feelings.
Confirms:Dividend per share remains at $0.27 for another quarter.
Disproves:Dividend per share is cut or reduced from $0.27.
Why it matters: Keeping the dividend shows the company is stable. This helps investors feel confident.
Confirms:The company declares a dividend per share of at least $0.76 for Q2 2026.
Disproves:The company cuts the dividend per share below $0.76 for Q2 2026.
Why it matters: A buyback program shows that the company believes in its future. It can help share prices.
Confirms:A press release confirming a share buyback program of at least $200M.
Disproves:No announcement of a buyback program by the end of Q2 2026.
Why it matters: If sector revenue growth drops below its median, it could impact EQH's performance. This is important for understanding market conditions.
Confirms:Sector revenue growth drops below its median.
Disproves:Sector revenue growth stays above its median.
shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Cautionary Statement Regarding Forward-Looking Information This Current Report on Form 8-K includes statements, which, to the extent they are not statements of histor…