Q1 EPS Estimates for South Bow Cut by US Capital Advisors

South Bow Co. (NYSE:SOBO) – Investment analysts at US Capital Advisors reduced their Q1 2025 earnings estimates for South Bow in a research report issued to clients and investors 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 previous forecast 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.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company downgraded South Bow from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 18th. Wolfe Research downgraded shares of South Bow from an “outperform” rating to a “peer perform” rating in a report on Friday, March 7th. CIBC lowered shares of South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 price objective on the stock. in a research note on Friday, March 7th. Royal Bank of Canada reissued an “outperform” rating on shares of South Bow in a research report on Friday, March 7th. Finally, Scotiabank raised their price target on shares of South Bow from $26.00 to $27.00 and gave the company a “sector perform” rating in a research report on Friday, March 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $25.67.

South Bow Trading Down 2.1 %

SOBO stock opened at $26.02 on Wednesday. The business’s 50 day moving average price is $25.27. The firm has a market cap of $5.41 billion and a P/E ratio of 14.06. South Bow has a fifty-two week low of $21.98 and a fifty-two week high of $27.60.

South Bow (NYSE:SOBO) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.12. The company had revenue of $488.00 million for the quarter, compared to analyst estimates of $524.87 million.

Institutional Investors Weigh In On South Bow

Several institutional investors and hedge funds have recently added to or reduced their stakes in SOBO. Mutual Advisors LLC purchased a new position in shares of South Bow in the 4th quarter worth approximately $517,000. Rhumbline Advisers purchased a new position in South Bow in the fourth quarter worth $34,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT purchased a new position in South Bow in the fourth quarter worth $6,787,000. US Bancorp DE bought a new position in South Bow in the 4th quarter valued at $373,000. Finally, Assetmark Inc. purchased a new stake in shares of South Bow during the 4th quarter valued at $33,000.

South Bow Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.69%. The ex-dividend date 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.