Analysts Set Expectations for South Bow FY2025 Earnings

South Bow Co. (NYSE:SOBO) – Stock analysts at National Bank Financial reduced their FY2025 earnings estimates for South Bow in a research report issued on Thursday, March 6th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $1.59 per share for the year, down from their prior estimate of $1.78. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. National Bank Financial also issued estimates for South Bow’s FY2026 earnings at $1.75 EPS.

South Bow (NYSE:SOBO) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.12. The company had revenue of $488.00 million for the quarter, compared to analysts’ expectations of $524.87 million.

A number of other research analysts also recently commented on the stock. TD Securities assumed coverage on shares of South Bow in a research report on Wednesday, January 15th. They set a “hold” rating on the stock. Royal Bank of Canada reaffirmed an “outperform” rating on shares of South Bow in a research report on Friday. Scotiabank lifted their target price on shares of South Bow from $26.00 to $27.00 and gave the company a “sector perform” rating in a research note on Friday. Wells Fargo & Company cut shares of South Bow from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 18th. Finally, Tudor Pickering upgraded shares of South Bow to a “strong-buy” rating in a research note on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, South Bow has a consensus rating of “Hold” and an average target price of $25.67.

South Bow Price Performance

Shares of SOBO opened at $24.88 on Monday. The company’s 50 day moving average is $24.60. South Bow has a 52 week low of $21.12 and a 52 week high of $27.60. The stock has a market capitalization of $5.18 billion and a P/E ratio of 13.45.

Institutional Trading of South Bow

A number of institutional investors and hedge funds have recently modified their holdings of SOBO. FMR LLC acquired a new stake in shares of South Bow in the fourth quarter worth $461,249,000. Capital International Investors acquired a new stake in shares of South Bow in the fourth quarter worth $315,469,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of South Bow in the fourth quarter worth $290,786,000. Vanguard Group Inc. acquired a new stake in shares of South Bow in the fourth quarter worth $206,467,000. Finally, Bank of Montreal Can acquired a new stake in shares of South Bow in the fourth quarter worth $126,068,000.

South Bow Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 8.04%. The ex-dividend date is Monday, March 31st. South Bow’s payout ratio is 108.11%.

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.