Q1 Earnings Estimate for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO) – Equities research analysts at Atb Cap Markets lowered their Q1 2025 EPS estimates for shares of South Bow in a report issued on Thursday, March 6th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $0.40 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.

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

Several other analysts have also recently commented on the stock. CIBC cut shares of South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 target price for the company. in a research note on Friday, March 7th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of South Bow in a research note on Friday. Wolfe Research cut shares of South Bow from an “outperform” rating to a “peer perform” rating in a research note on Friday, March 7th. TD Securities began coverage on shares of South Bow in a research note on Wednesday, January 15th. They set a “hold” rating for the company. Finally, National Bankshares boosted their price objective on shares of South Bow from $24.00 to $25.00 and gave the company a “sector perform” rating in a research note on Friday, March 7th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $25.67.

South Bow Price Performance

SOBO stock opened at $25.27 on Monday. The stock has a market cap of $5.26 billion and a PE ratio of 13.66. South Bow has a one year low of $21.12 and a one year high of $27.60. The stock has a 50 day moving average price of $24.63.

South Bow Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.50 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.91%. South Bow’s dividend payout ratio (DPR) is presently 108.11%.

Institutional Investors Weigh In On South Bow

Institutional investors have recently modified their holdings of the stock. Mutual Advisors LLC acquired a new stake in shares of South Bow in the 4th quarter valued at about $517,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new stake in South Bow during the fourth quarter worth about $6,787,000. Cibc World Market Inc. acquired a new stake in South Bow during the fourth quarter worth about $47,533,000. Meixler Investment Management Ltd. acquired a new stake in South Bow during the fourth quarter worth about $683,000. Finally, Alberta Investment Management Corp acquired a new stake in South Bow during the fourth quarter worth about $3,498,000.

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.