Research Analysts Issue Forecasts for South Bow Q1 Earnings

South Bow Co. (NYSE:SOBO) – US Capital Advisors decreased their Q1 2025 earnings estimates for shares of South Bow in a report issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.33 per share for the quarter, down from their prior estimate of $0.43. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. US Capital Advisors also issued estimates for South Bow’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.42 EPS, FY2025 earnings at $1.61 EPS and FY2026 earnings at $1.87 EPS.

A number of other equities analysts also recently issued reports on SOBO. National Bankshares upped their price target on South Bow from $24.00 to $25.00 and gave the company a “sector perform” rating in a report on Friday, March 7th. CIBC downgraded shares of South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 target price on the stock. in a research report on Friday, March 7th. TD Securities initiated coverage on shares of South Bow in a research note on Wednesday, January 15th. They issued a “hold” rating for the company. Scotiabank lifted their target price on South Bow from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Friday, March 7th. Finally, Wells Fargo & Company downgraded South Bow from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $25.67.

South Bow Trading Down 1.1 %

SOBO opened at $26.24 on Wednesday. South Bow has a one year low of $21.98 and a one year high of $27.60. The stock has a market cap of $5.46 billion and a P/E ratio of 14.18. The firm has a 50-day simple moving average of $25.14.

South Bow (NYSE:SOBO) last posted its earnings results on Wednesday, March 5th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.42 by $0.12. The business had revenue of $488.00 million during the quarter, compared to analysts’ expectations of $524.87 million.

South Bow Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 7.62%. South Bow’s dividend payout ratio (DPR) is currently 108.11%.

Institutional Investors Weigh In On South Bow

Several large investors have recently modified their holdings of SOBO. Wiser Advisor Group LLC acquired a new position in South Bow in the 4th quarter valued at $27,000. Roxbury Financial LLC acquired a new position in shares of South Bow during the fourth quarter worth about $29,000. BNP Paribas Financial Markets purchased a new position in South Bow during the fourth quarter worth about $29,000. Assetmark Inc. acquired a new stake in South Bow in the fourth quarter valued at about $33,000. Finally, Rhumbline Advisers purchased a new stake in South Bow in the 4th quarter valued at approximately $34,000.

About South Bow

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.