South Bow Q1 EPS Forecast Lowered by US Capital Advisors

South Bow Co. (NYSE:SOBO) – Equities research analysts at US Capital Advisors dropped their Q1 2025 earnings per share estimates for South Bow in a research note issued on Monday, April 28th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.33. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

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

A number of other brokerages also recently commented on SOBO. CIBC downgraded South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 price objective on the stock. in a research report on Friday, March 7th. Royal Bank of Canada reiterated an “outperform” rating on shares of South Bow in a research report on Friday, March 7th. Wolfe Research downgraded South Bow from an “outperform” rating to a “peer perform” rating in a research 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, 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. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $26.25.

South Bow Price Performance

NYSE SOBO opened at $24.72 on Tuesday. The company has a market cap of $5.15 billion and a PE ratio of 13.36. The stock’s 50 day simple moving average is $25.12 and its 200-day simple moving average is $24.67. South Bow has a 1-year low of $21.16 and a 1-year high of $27.60.

Institutional Investors Weigh In On South Bow

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

South Bow Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.50 per share. The ex-dividend date was Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 8.09%. South Bow’s dividend payout ratio (DPR) 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.