What is Scotiabank’s Forecast for South Bow FY2025 Earnings?

South Bow Co. (NYSE:SOBO) – Scotiabank issued their FY2025 earnings per share (EPS) estimates for South Bow in a research report issued on Wednesday, January 8th. Scotiabank analyst R. Hope expects that the company will earn $1.73 per share for the year. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.83 per share. Scotiabank also issued estimates for South Bow’s FY2026 earnings at $1.95 EPS.

Several other research analysts also recently weighed in on the stock. Cibc World Mkts raised shares of South Bow to a “hold” rating in a research report on Friday, October 11th. Wells Fargo & Company cut shares of South Bow from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 18th. Morgan Stanley began coverage on South Bow in a report on Friday, October 25th. They issued an “underweight” rating for the company. US Capital Advisors upgraded South Bow to a “strong-buy” rating in a report on Monday, October 28th. Finally, Tudor Pickering raised South Bow to a “strong-buy” rating in a research note on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, South Bow currently has a consensus rating of “Hold” and an average price target of $25.00.

South Bow Stock Performance

NYSE SOBO opened at $23.25 on Monday. South Bow has a 1 year low of $21.12 and a 1 year high of $27.30. The business’s 50-day moving average is $24.43.

South Bow Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.60%. The ex-dividend date of this dividend is Tuesday, December 31st. South Bow’s dividend payout ratio (DPR) is presently 114.29%.

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.