National Bank Financial Weighs in on South Bow Q2 Earnings

South Bow Corporation (NYSE:SOBO - Free Report) - Stock analysts at National Bank Financial issued their Q2 2025 earnings per share estimates for shares of South Bow in a research note issued to investors on Monday, July 21st. National Bank Financial analyst P. Kenny forecasts that the company will post earnings of $0.41 per share for the quarter. 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 quarterly earnings results on Thursday, May 15th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.05. The business had revenue of $498.00 million for the quarter, compared to analysts' expectations of $527.00 million. The business's revenue was down 8.5% on a year-over-year basis.

A number of other brokerages also recently issued reports on SOBO. Royal Bank Of Canada restated an "outperform" rating and set a $38.00 price target on shares of South Bow in a report on Monday, May 19th. JPMorgan Chase & Co. assumed coverage on South Bow in a report on Friday, March 28th. They set a "neutral" rating and a $28.00 target price on the stock. Finally, CIBC upped their target price on South Bow from $25.00 to $26.00 and gave the stock a "neutral" rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $28.80.

South Bow Trading Down 1.2%

NYSE:SOBO traded down $0.32 during mid-day trading on Wednesday, reaching $25.98. 627,767 shares of the company's stock traded hands, compared to its average volume of 870,390. South Bow has a 12-month low of $21.12 and a 12-month high of $27.60. The firm has a market capitalization of $5.41 billion and a price-to-earnings ratio of 14.04. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.29 and a quick ratio of 1.20. The company has a 50 day moving average price of $26.30 and a 200-day moving average price of $25.37.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.50 dividend. The ex-dividend date was Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.70%. South Bow's dividend payout ratio is currently 108.11%.

Institutional Trading of South Bow

A number of hedge funds have recently made changes to their positions in SOBO. FMR LLC bought a new stake in shares of South Bow in the 4th quarter worth approximately $461,249,000. Capital International Investors bought a new stake in shares of South Bow in the 4th quarter worth approximately $315,469,000. Price T Rowe Associates Inc. MD bought a new stake in shares of South Bow in the 4th quarter worth approximately $290,786,000. Goldman Sachs Group Inc. boosted its position in shares of South Bow by 157.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,851,407 shares of the company's stock worth $98,288,000 after purchasing an additional 10,510,206 shares in the last quarter. Finally, Vanguard Group Inc. bought a new stake in shares of South Bow in the 4th quarter worth approximately $206,467,000.

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.