South Bow FY2024 EPS Raised by National Bank Financial

South Bow Corporation (TSE:SOB) – Equities researchers at National Bank Financial increased their FY2024 earnings estimates for South Bow in a research report issued to clients and investors on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $2.44 for the year, up from their previous estimate of $2.39. National Bank Financial also issued estimates for South Bow’s FY2025 earnings at $2.56 EPS, FY2026 earnings at $2.71 EPS, FY2027 earnings at $2.82 EPS and FY2028 earnings at $2.89 EPS.

Several other research analysts have also commented on SOB. Wells Fargo & Company lowered South Bow from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 18th. Tudor Pickering raised shares of South Bow to a “strong-buy” rating in a report on Tuesday, November 19th. Finally, Scotiabank raised shares of South Bow to a “hold” rating in a report on Friday, December 27th.

South Bow Stock Performance

Insider Buying and Selling at South Bow

In other news, Director Harold N. Kvisle purchased 5,000 shares of the stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of C$33.07 per share, for a total transaction of C$165,350.00. Also, Senior Officer Shannon Georgina Ryhorchuk acquired 2,030 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average cost of C$36.90 per share, for a total transaction of C$74,907.00. Insiders purchased a total of 33,540 shares of company stock worth $1,150,282 over the last ninety days.