South Bow FY2025 EPS Decreased by National Bank Financial

South Bow Co. (NYSE:SOBO - Free Report) - Investment analysts at National Bank Financial reduced their FY2025 earnings estimates for South Bow in a note issued to investors on Thursday, March 6th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $1.59 per share for the year, down from their prior forecast of $1.78. The consensus estimate for South Bow's current full-year earnings is $1.74 per share. National Bank Financial also issued estimates for South Bow's FY2026 earnings at $1.75 EPS.

Other research analysts also recently issued research reports about the stock. Scotiabank upped their price target on shares of South Bow from $26.00 to $27.00 and gave the stock a "sector perform" rating in a research report on Friday, March 7th. CIBC cut South Bow from a "sector outperform" rating to a "neutral" rating and set a $25.00 price target on the stock. in a report on Friday, March 7th. National Bankshares boosted their price objective on South Bow from $24.00 to $25.00 and gave the stock a "sector perform" rating in a report on Friday, March 7th. Wells Fargo & Company lowered shares of South Bow from a "hold" rating to a "strong sell" rating in a research note on Wednesday, December 18th. Finally, Wolfe Research downgraded shares of South Bow from an "outperform" rating to a "peer perform" rating in a research note on Friday, March 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, South Bow currently has a consensus rating of "Hold" and an average target price of $25.67.

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South Bow Stock Performance

South Bow stock traded up $0.04 on Monday, reaching $25.72. The company's stock had a trading volume of 288,994 shares, compared to its average volume of 774,634. The company's fifty day moving average is $24.68. The stock has a market capitalization of $5.35 billion and a P/E ratio of 13.87. South Bow has a twelve month low of $21.12 and a twelve month high of $27.60.

South Bow (NYSE:SOBO - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.42 by $0.12. The business had revenue of $488.00 million during the quarter, compared to analyst estimates of $524.87 million.

South Bow Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 7.78%. South Bow's dividend payout ratio (DPR) is presently 108.11%.

Hedge Funds Weigh In On South Bow

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in South Bow during the fourth quarter worth about $27,000. Roxbury Financial LLC acquired a new position in shares of South Bow in the fourth quarter valued at approximately $29,000. BNP Paribas Financial Markets bought a new stake in shares of South Bow during the fourth quarter worth $29,000. Assetmark Inc. acquired a new stake in shares of South Bow during the fourth quarter worth $33,000. Finally, Rhumbline Advisers bought a new stake in South Bow in the 4th quarter valued at $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.