US Capital Advisors Reduces Earnings Estimates for South Bow

South Bow Co. (NYSE:SOBO) – Analysts at US Capital Advisors lowered their Q1 2025 earnings estimates for South Bow in a research report issued to clients and investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings per share of $0.33 for the quarter, down from their prior forecast of $0.43. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. US Capital Advisors also issued estimates for South Bow’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.42 EPS, FY2025 earnings at $1.61 EPS and FY2026 earnings at $1.87 EPS.

Other equities analysts have also recently issued reports about the stock. Scotiabank upped their price objective on shares of South Bow from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Friday, March 7th. CIBC downgraded shares of South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 price target for the company. in a report on Friday, March 7th. Royal Bank of Canada reissued an “outperform” rating on shares of South Bow in a report on Friday, March 7th. TD Securities initiated coverage on South Bow in a research report on Wednesday, January 15th. They set a “hold” rating on the stock. Finally, Wolfe Research downgraded South Bow from an “outperform” rating to a “peer perform” rating in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, South Bow has a consensus rating of “Hold” and an average target price of $25.67.

South Bow Stock Performance

Shares of NYSE SOBO opened at $26.02 on Wednesday. The firm has a market capitalization of $5.41 billion and a P/E ratio of 14.06. South Bow has a 12 month low of $21.98 and a 12 month high of $27.60. The business’s 50-day simple moving average is $25.27.

South Bow (NYSE:SOBO) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.12. The business had revenue of $488.00 million during the quarter, compared to the consensus estimate of $524.87 million.

South Bow Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date is Monday, March 31st. South Bow’s dividend payout ratio is currently 108.11%.

Institutional Trading of South Bow

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SOBO. Hennessy Advisors Inc. acquired a new position in shares of South Bow in the 4th quarter worth approximately $276,000. Nexus Investment Management ULC bought a new position in South Bow during the fourth quarter worth $2,810,000. MassMutual Private Wealth & Trust FSB acquired a new position in South Bow in the fourth quarter valued at $213,000. Viking Fund Management LLC bought a new stake in South Bow during the fourth quarter valued at $740,000. Finally, Mutual Advisors LLC acquired a new stake in South Bow during the 4th quarter worth about $517,000.

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.