South Bow FY2024 EPS Boosted by National Bank Financial

South Bow Corporation (TSE:SOB) – Stock analysts at National Bank Financial upped their FY2024 earnings per share (EPS) estimates for shares of South Bow in a report released on Monday, January 6th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings of $2.44 per share for the year, up from their previous estimate of $2.39. National Bank Financial also issued estimates for South Bow’s FY2025 earnings at $2.56 EPS, FY2026 earnings at $2.71 EPS, FY2027 earnings at $2.82 EPS and FY2028 earnings at $2.89 EPS.

Several other brokerages also recently weighed in on SOB. Tudor Pickering upgraded shares of South Bow to a “strong-buy” rating in a research report on Tuesday, November 19th. Scotiabank upgraded shares of South Bow to a “hold” rating in a research note on Friday, December 27th. Finally, Wells Fargo & Company downgraded shares of South Bow from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 18th.

South Bow Price Performance

Insider Activity at South Bow

In other news, Director Harold N. Kvisle acquired 5,000 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of C$33.07 per share, for a total transaction of C$165,350.00. Also, Senior Officer Shannon Georgina Ryhorchuk bought 2,030 shares of South Bow stock in a transaction dated Friday, November 22nd. The stock was purchased at an average price of C$36.90 per share, with a total value of C$74,907.00. Insiders acquired a total of 33,540 shares of company stock worth $1,150,282 in the last 90 days.