Q1 Earnings Forecast for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO - Free Report) - Stock analysts at Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for shares of South Bow in a report issued on Thursday, March 6th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.40 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for South Bow's current full-year earnings is $1.74 per share. Atb Cap Markets also issued estimates for South Bow's Q2 2025 earnings at $0.40 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.61 EPS, Q1 2026 earnings at $0.46 EPS, Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.88 EPS and FY2027 earnings at $2.04 EPS.

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

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South Bow Stock Up 0.0 %

SOBO traded up $0.00 during trading on Monday, reaching $25.68. 288,994 shares of the company's stock were exchanged, compared to its average volume of 774,634. The stock has a fifty day moving average price of $24.68. The stock has a market capitalization of $5.34 billion and a PE ratio of 13.87. South Bow has a one year low of $21.12 and a one year high of $27.60.

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

Hedge Funds Weigh In On South Bow

A number of institutional investors and hedge funds have recently modified their holdings of the business. Roxbury Financial LLC acquired a new position in shares of South Bow during the 4th quarter valued at $29,000. Wiser Advisor Group LLC acquired a new position in shares of South Bow during the fourth quarter valued at about $27,000. BNP Paribas Financial Markets bought a new position in shares of South Bow during the 4th quarter worth about $29,000. Assetmark Inc. bought a new position in shares of South Bow during the 4th quarter worth about $33,000. Finally, Sit Investment Associates Inc. acquired a new stake in shares of South Bow in the 4th quarter valued at about $34,000.

South Bow Announces Dividend

The firm also recently declared 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. This represents a $2.00 annualized dividend and a yield of 7.79%. The ex-dividend date of this dividend is Monday, March 31st. South Bow's dividend payout ratio (DPR) is presently 108.11%.

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.