South Bow FY2026 EPS Lifted by National Bank Financial

Key Points

• Analysts at National Bank Financial have raised their FY2026 EPS estimate for South Bow to $1.77, slightly above the consensus estimate of $1.74.
• South Bow reported a quarterly EPS of $0.42, surpassing the consensus estimate of $0.38, with revenues of $524 million exceeding expectations.
• The company announced a quarterly dividend of $0.50 per share, delivering a substantial 7.3% yield based on a payout ratio of 108.11%.

South Bow Corporation (NYSE:SOBO - Free Report) - Investment analysts at National Bank Financial lifted their FY2026 EPS estimates for South Bow in a research note issued on Thursday, August 7th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $1.77 per share for the year, up from their previous forecast of $1.75. The consensus estimate for South Bow's current full-year earnings is $1.74 per share.

South Bow (NYSE:SOBO - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The business had revenue of $524.00 million for the quarter, compared to the consensus estimate of $449.00 million.

A number of other research firms have also weighed in on SOBO. National Bankshares upped their price target on shares of South Bow from $25.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Friday, August 8th. Royal Bank Of Canada reiterated an "outperform" rating on shares of South Bow in a research report on Friday, August 8th. Finally, CIBC upped their target price on shares of South Bow from $25.00 to $26.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, South Bow currently has an average rating of "Hold" and an average target price of $29.00.

South Bow Stock Performance

NYSE SOBO traded down $0.13 during trading hours on Monday, hitting $27.75. 333,318 shares of the company's stock traded hands, compared to its average volume of 844,233. The business's fifty day moving average price is $26.47 and its two-hundred day moving average price is $25.64. The company has a current ratio of 1.28, a quick ratio of 1.20 and a debt-to-equity ratio of 2.19. The firm has a market capitalization of $5.78 billion and a P/E ratio of 15.00. South Bow has a 52 week low of $21.12 and a 52 week high of $28.22.

Hedge Funds Weigh In On South Bow

Institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC boosted its stake in South Bow by 0.4% during the 1st quarter. HighTower Advisors LLC now owns 112,769 shares of the company's stock worth $2,878,000 after purchasing an additional 451 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of South Bow by 4.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,565 shares of the company's stock worth $378,000 after buying an additional 616 shares during the period. Metis Global Partners LLC increased its stake in shares of South Bow by 6.0% during the second quarter. Metis Global Partners LLC now owns 13,609 shares of the company's stock worth $353,000 after buying an additional 769 shares during the period. Mutual Advisors LLC boosted its holdings in South Bow by 3.3% in the second quarter. Mutual Advisors LLC now owns 28,409 shares of the company's stock valued at $737,000 after purchasing an additional 904 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of South Bow by 150.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 1,550 shares of the company's stock valued at $40,000 after acquiring an additional 930 shares during the period.

South Bow Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $2.00 dividend on an annualized basis and a yield of 7.2%. South Bow's dividend payout ratio (DPR) is currently 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.