Q2 Earnings Estimate for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO - Free Report) - Stock analysts at Atb Cap Markets decreased their Q2 2025 earnings per share estimates for shares of South Bow in a research note issued on Monday, May 19th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.37 per share for the quarter, down from their prior estimate of $0.40. 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 Q3 2025 earnings at $0.37 EPS and FY2027 earnings at $2.06 EPS.

South Bow (NYSE:SOBO - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.05. The firm had revenue of $498.00 million during the quarter, compared to analyst estimates of $527.00 million. The firm's revenue for the quarter was down 8.5% on a year-over-year basis.

Several other equities research analysts have also recently issued reports on SOBO. JPMorgan Chase & Co. started coverage on South Bow in a research note on Friday, March 28th. They issued a "neutral" rating and a $28.00 price target for the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $38.00 price objective on shares of South Bow in a report on Monday, May 19th. Scotiabank increased their target price on South Bow from $26.00 to $27.00 and gave the stock a "sector perform" rating in a report on Friday, March 7th. Wolfe Research downgraded South Bow from an "outperform" rating to a "peer perform" rating in a research note on Friday, March 7th. Finally, CIBC cut shares of South Bow from a "sector outperform" rating to a "neutral" rating and set a $25.00 price objective for the company. in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $28.60.

South Bow Stock Up 2.8%

Shares of South Bow stock traded up $0.73 during trading on Wednesday, reaching $26.67. The company's stock had a trading volume of 856,229 shares, compared to its average volume of 871,325. The business's 50-day moving average price is $25.01 and its 200-day moving average price is $24.82. South Bow has a 52 week low of $21.16 and a 52 week high of $27.60. The firm has a market cap of $5.55 billion and a PE ratio of 14.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wiser Advisor Group LLC bought a new position in South Bow in the 4th quarter valued at approximately $27,000. Roxbury Financial LLC acquired a new position in shares of South Bow during the fourth quarter worth $29,000. BNP Paribas Financial Markets acquired a new position in shares of South Bow during the fourth quarter worth $29,000. Louisbourg Investments Inc. bought a new position in shares of South Bow in the 1st quarter valued at $31,000. Finally, Assetmark Inc. bought a new position in shares of South Bow in the 4th quarter valued at $33,000.

South Bow Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.50%. The ex-dividend date is Monday, June 30th. South Bow's payout ratio is 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.