Research Analysts Set Expectations for South Bow Q1 Earnings

South Bow Co. (NYSE:SOBO) – Equities research analysts at US Capital Advisors dropped their Q1 2025 EPS estimates for South Bow in a report issued on Monday, April 28th. US Capital Advisors analyst J. Carreker now expects that the company will earn $0.32 per share for the quarter, down from their prior forecast of $0.33. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

A number of other analysts also recently issued reports on the stock. CIBC downgraded shares of 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 increased 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. Scotiabank increased their price target on shares of South Bow from $26.00 to $27.00 and gave the stock a “sector perform” rating in a report on Friday, March 7th. TD Securities assumed coverage on shares of South Bow in a report on Wednesday, January 15th. They set a “hold” rating on the stock. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of South Bow in a report on Friday, March 7th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $26.25.

South Bow Trading Up 0.1 %

Shares of South Bow stock opened at $25.13 on Tuesday. South Bow has a 12-month low of $21.16 and a 12-month high of $27.60. The firm has a market capitalization of $5.23 billion and a price-to-earnings ratio of 13.58. The firm’s 50 day simple moving average is $25.14 and its two-hundred day simple moving average is $24.67.

South Bow (NYSE:SOBO) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 large investors have recently bought and sold shares of the company. Catalyst Capital Advisors LLC increased its stake in South Bow by 6.7% during the 1st quarter. Catalyst Capital Advisors LLC now owns 224,579 shares of the company’s stock worth $5,731,000 after buying an additional 14,200 shares in the last quarter. Mutual Advisors LLC grew its position in shares of South Bow by 23.5% in the first quarter. Mutual Advisors LLC now owns 27,505 shares of the company’s stock valued at $685,000 after purchasing an additional 5,229 shares in the last quarter. Miller Howard Investments Inc. NY grew its position in shares of South Bow by 87.8% in the first quarter. Miller Howard Investments Inc. NY now owns 817,558 shares of the company’s stock valued at $20,864,000 after purchasing an additional 382,276 shares in the last quarter. Wealthquest Corp purchased a new stake in shares of South Bow in the first quarter valued at approximately $18,580,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of South Bow in the first quarter valued at approximately $1,351,000.

South Bow Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 7.96%. South Bow’s dividend payout ratio (DPR) is currently 108.11%.

South Bow Company Profile

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.