Equities Analysts Set Expectations for South Bow Q1 Earnings

South Bow Co. (NYSE:SOBO - Free Report) - Research analysts at US Capital Advisors reduced their Q1 2026 earnings estimates for shares of South Bow in a research note issued to investors on Monday, April 28th. US Capital Advisors analyst J. Carreker now expects that the company will earn $0.33 per share for the quarter, down from their previous forecast of $0.45. 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 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.34 EPS and Q4 2026 earnings at $0.35 EPS.

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

Several other equities research analysts also recently weighed in on the company. CIBC downgraded South Bow from a "sector outperform" rating to a "neutral" rating and set a $25.00 price target for the company. in a report on Friday, March 7th. Wolfe Research cut shares of South Bow from an "outperform" rating to a "peer perform" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. assumed coverage on shares of South Bow in a report on Friday, March 28th. They issued a "neutral" rating and a $28.00 target price on the stock. 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. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of South Bow in a report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $26.25.

South Bow Stock Up 2.5 %

SOBO traded up $0.63 on Wednesday, hitting $25.54. 620,012 shares of the company traded hands, compared to its average volume of 899,732. South Bow has a 12-month low of $21.16 and a 12-month high of $27.60. The company has a 50 day moving average of $25.11 and a 200-day moving average of $24.70. The stock has a market capitalization of $5.32 billion and a PE ratio of 13.81.

South Bow Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.83%. South Bow's payout ratio is 108.11%.

Institutional Investors Weigh In On South Bow

Institutional investors and hedge funds have recently modified their holdings of the company. Roxbury Financial LLC purchased a new stake in South Bow during the fourth quarter worth $29,000. Wiser Advisor Group LLC acquired a new position in shares of South Bow during the 4th quarter worth $27,000. Louisbourg Investments Inc. purchased a new stake in shares of South Bow in the 1st quarter worth about $31,000. BNP Paribas Financial Markets acquired a new stake in South Bow in the 4th quarter valued at about $29,000. Finally, Assetmark Inc. purchased a new position in South Bow during the 4th quarter valued at about $33,000.

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.