South Bow (SOBO) Expected to Announce Earnings on Wednesday

Key Points

• South Bow (NYSE:SOBO) is expected to announce its Q2 2025 earnings on August 6th, with analysts predicting earnings of $0.34 per share and revenues of $449 million.
• The company recently declared a dividend of $0.50 per share, which reflects an annualized dividend yield of 7.73% and a payout ratio of 108.11%.
• Analysts' ratings for South Bow are mixed, with a consensus rating of "Hold" and a price target averaging $28.80.

South Bow (NYSE:SOBO - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Wednesday, August 6th. Analysts expect South Bow to post earnings of $0.34 per share and revenue of $449.00 million for the quarter.

South Bow (NYSE:SOBO - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The company had revenue of $498.00 million during the quarter, compared to analysts' expectations of $527.00 million. The firm's quarterly revenue was down 8.5% on a year-over-year basis. On average, analysts expect South Bow to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

South Bow Price Performance

Shares of South Bow stock opened at $26.36 on Monday. The business's 50 day simple moving average is $26.33 and its two-hundred day simple moving average is $25.49. South Bow has a one year low of $21.12 and a one year high of $27.60. The stock has a market capitalization of $5.49 billion and a P/E ratio of 14.25. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.29 and a quick ratio of 1.20.

South Bow Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 7.6%. South Bow's dividend payout ratio is presently 108.11%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. CIBC increased their price target on South Bow from $25.00 to $26.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $38.00 price objective on shares of South Bow in a research note on Monday, May 19th. 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 given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $28.80.

Institutional Investors Weigh In On South Bow

Several hedge funds and other institutional investors have recently modified their holdings of SOBO. Cubist Systematic Strategies LLC purchased a new stake in shares of South Bow in the first quarter worth approximately $85,000. Amundi purchased a new stake in shares of South Bow in the first quarter worth approximately $588,000. Acadian Asset Management LLC purchased a new stake in shares of South Bow in the first quarter worth approximately $885,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in South Bow by 17.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,035 shares of the company's stock worth $5,079,000 after purchasing an additional 29,542 shares during the period.

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.