South Bow (NYSE:SOBO - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 15th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $527.00 million for the quarter.
South Bow (NYSE:SOBO - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.12. The firm had revenue of $488.00 million during the quarter, compared to the consensus estimate of $524.87 million. 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
SOBO opened at $26.04 on Thursday. The firm has a market capitalization of $5.42 billion and a P/E ratio of 14.08. The company has a fifty day moving average price of $25.05 and a 200-day moving average price of $24.72. South Bow has a one year low of $21.16 and a one year high of $27.60.
South Bow Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 7.68%. South Bow's payout ratio is 108.11%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. National Bankshares lifted their price objective on South Bow from $24.00 to $25.00 and gave the stock a "sector perform" rating in a research report on Friday, March 7th. CIBC lowered South Bow from a "sector outperform" rating to a "neutral" rating and set a $25.00 target price for the company. in a report on Friday, March 7th. Wolfe Research cut South Bow from an "outperform" rating to a "peer perform" rating in a report on Friday, March 7th. Scotiabank lifted their price target on shares of South Bow from $26.00 to $27.00 and gave the stock a "sector perform" rating in a research note on Friday, March 7th. Finally, Royal Bank of Canada reissued an "outperform" rating on shares of South Bow in a research note 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $26.25.
Read Our Latest Analysis on SOBO
About South Bow
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider South Bow, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and South Bow wasn't on the list.
While South Bow currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
