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Equitable Holdings, Inc. (EQH)

Financial Services | Asset Management | New York, United States | NYSE
53.15 USD -0.34 (-0.636%) ⇩ (Oct. 16, 2026, 3:54 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 5:18 a.m. EDT

The investment case here is fundamentally broken by deteriorating business quality, making the attractive yield a dangerous trap rather than a safety. The company is reporting negative revenue growth of nearly 30%, crushing operating margins, and generating negative free cash flow, all while trading at a negative book value. This is not a value opportunity; it is a distressed asset where the market has correctly priced the risk of further deterioration. While the 2.14% dividend yield looks generous on paper, the payout ratio of 84.6% combined with negative cash flow suggests the dividend is unsustainable and likely to be cut if earnings do not reverse course immediately. The options market confirms this pessimism, with traders buying deep protection against a crash rather than betting on a rally. The statistical forecast shows a negligible upward bias, which is irrelevant given the structural damage to the balance sheet. Avoid this security until there is clear evidence of a turnaround in both top-line growth and cash generation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.054607
AutoARIMA0.054792
AutoTheta0.055839
MSTL0.057324

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 45%
H-stat 5.71
Ljung-Box p 0.000
Jarque-Bera p 0.173
Excess Kurtosis -1.37
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-02
Last Dividend Date 2026-08-02
Debt to Equity Ratio 586.1
Revenue per Share 37.23
Market Cap 14,497,502,208
Forward P/E 5.94
Beta 1.10
Profit Margins -8.72%
Website https://ir.equitableholdings.com

As of Oct. 10, 2026, 5:18 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated in deep out-of-the-money strikes (below $40-$45), suggesting a fear of significant downside or a 'catapult' scenario where the stock drops sharply. Conversely, call activity is sparse and largely focused on near-term ATM strikes, indicating a lack of aggressive bullish conviction despite the low implied volatility environment.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.63% 2.63% 2.41% 2.52%
Dividend History
Date Dividend Yield %
2026-08-03 0.30 0.625000
2026-06-01 0.30 0.740192
2026-03-04 0.27 0.672646
2025-11-24 0.27 0.593016
2025-08-05 0.27 0.530139
2025-06-02 0.27 0.512334
2025-03-05 0.24 0.459506
2024-11-26 0.24 0.496792
2024-08-06 0.24 0.632244
2024-06-03 0.24 0.583800
2024-02-23 0.22 0.634371
2023-11-24 0.22 0.749574
2023-08-04 0.22 0.771118
2023-06-02 0.22 0.854369
2023-02-24 0.20 0.637959
2022-11-25 0.20 0.640820
2022-08-05 0.20 0.705965
2022-05-26 0.20 0.661157
2022-02-25 0.18 0.543971
2021-11-26 0.18 0.554700
2021-08-12 0.18 0.557276
2021-05-27 0.18 0.562324
2021-03-03 0.17 0.558476
2020-11-20 0.17 0.687146
2020-08-10 0.17 0.787402
2020-05-29 0.17 0.889587
2020-03-06 0.15 0.799574
2019-11-15 0.15 0.632911
2019-08-21 0.15 0.735655
2019-05-31 0.15 0.729927
2019-03-04 0.13 0.636008
2018-11-23 0.13 0.663604
2018-08-22 0.13 0.574205
Additional Data
dividendRate 1.14
dividendYield 2.13
exDividendDate 2026-08-03
trailingAnnualDividendRate 1.14
trailingAnnualDividendYield 0.021312393
lastDividendValue 0.3
lastDividendDate 2026-08-03
dividendDate 2026-08-10

Info Dump

Attribute Value
52 Week Change 0.12824297
Address1 1,345 Avenue Of The Americas
All Time High 56.61
All Time Low 9.89
Ask 53.24
Ask Size 200
Audit Risk 3
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 2,550,820
Average Daily Volume3 Month 2,817,507
Average Volume 2,817,507
Average Volume10Days 2,550,820
Beta 1.095
Bid 53.24
Bid Size 400
Board Risk 1
Book Value -6.785
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 53.15
Current Ratio 2.03
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 54.34
Day Low 53.005
Debt To Equity 586.1
Display Name Equitable
Dividend Date 1,786,320,000
Dividend Rate 1.14
Dividend Yield 2.13
Earnings Call Timestamp End 1,793,736,000
Earnings Call Timestamp Start 1,793,736,000
Earnings Timestamp 1,793,649,600
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda 488,000,000
Ebitda Margins 0.04595
Enterprise To Ebitda 11.712
Enterprise To Revenue 0.538
Enterprise Value 5,715,650,560
Eps Current Year 7.13702
Eps Forward 8.94092
Eps Trailing Twelve Months -3.37
Esg Populated 0
Ex Dividend Date 1,785,715,200
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 52.1318
Fifty Day Average Change 1.0181999
Fifty Day Average Change Percent 0.019531263
Fifty Two Week Change Percent 12.824297
Fifty Two Week High 55.225
Fifty Two Week High Change -2.074997
Fifty Two Week High Change Percent -0.03757351
Fifty Two Week Low 35.195
Fifty Two Week Low Change 17.955002
Fifty Two Week Low Change Percent 0.51015776
Fifty Two Week Range 35.195 - 55.225
Financial Currency USD
First Trade Date Milliseconds 1,525,959,000,000
Five Year Avg Dividend Yield 2.34
Float Shares 252,964,343
Forward Eps 8.94092
Forward P E 5.9445786
Free Cashflow -8,824,250,368
Full Exchange Name NYSE
Full Time Employees 8,000
Fullday Change -0.34000015
Fullday Change Percent -0.6356331
Fullday Price 53.15
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.12768
Gross Profits 1,356,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00605
Held Percent Institutions 1.00892
Implied Shares Outstanding 272,765,787
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,785,715,200
Last Dividend Value 0.3
Last Fiscal Year End 1,767,139,200
Long Business Summary Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement variable annuity products, including structured capital strategies, retirement cornerstone, and investment edge primarily to affluent and high net worth individuals. The Group Retirement provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. It offers guaranteed and structured investment option, and personal income benefit variable annuity products and open architecture mutual fund platform. The Asset Management segment offers investment management and related services to various clients through institutions, retail, and private wealth management. The Protection Solutions segment provides life insurance products, such as VUL and COLI insurance, IUL insurance, and term life; and employee benefits business which includes group life, supplemental life, dental, vision, short-term disability, long-term disability, critical illness, accident and hospital indemnity insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Long Name Equitable Holdings, Inc.
Market us_market
Market Cap 14,497,502,208
Market State REGULAR
Max Age 86,400
Message Board Id finmb_543641657
Most Recent Quarter 1,782,777,600
Net Income To Common -982,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 14,257,467,686
Number Of Analyst Opinions 11
Open 53.79
Operating Cashflow 1,356,999,936
Operating Margins -0.26357
Overall Risk 1
Payout Ratio 0.84620005
Phone 212 554 1234
Previous Close 53.49
Price Eps Current Year 7.447086
Price Hint 2
Price To Book -7.8334565
Price To Sales Trailing12 Months 1.3651131
Profit Margins -0.08719
Quick Ratio 1.713
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change -0.34000015
Regular Market Change Percent -0.6356331
Regular Market Day High 54.34
Regular Market Day Low 53.005
Regular Market Day Range 53.005 - 54.34
Regular Market Open 53.79
Regular Market Previous Close 53.49
Regular Market Price 53.15
Regular Market Time 1,792,180,497
Regular Market Volume 2,342,190
Return On Assets -0.00074
Return On Equity -0.25131
Revenue Growth -0.298
Revenue Per Share 37.23
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 2
Shares Outstanding 272,765,787
Shares Percent Shares Out 0.02
Shares Short 5,467,154
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 4,919,069
Short Name Equitable Holdings, Inc.
Short Percent Of Float 0.0229
Short Ratio 1.71
Source Interval 15
State NY
Symbol EQH
Target High Price 68.0
Target Low Price 58.0
Target Mean Price 64.0
Target Median Price 65.0
Total Cash 19,132,999,680
Total Cash Per Share 70.075
Total Debt 7,168,000,000
Total Revenue 10,620,000,256
Tradeable 0
Trailing Annual Dividend Rate 1.14
Trailing Annual Dividend Yield 0.021312393
Trailing Eps -3.37
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 45.52365
Two Hundred Day Average Change 7.6263504
Two Hundred Day Average Change Percent 0.16752502
Type Disp Equity
Volume 2,342,190
Website https://ir.equitableholdings.com
Zip 10,105