South Bow FY2027 EPS Estimate Raised by US Capital Advisors

South Bow Corporation (NYSE:SOBO) – Stock analysts at US Capital Advisors upped their FY2027 earnings per share (EPS) estimates for South Bow in a report released on Monday, February 2nd. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $1.85 per share for the year, up from their prior forecast of $1.80. US Capital Advisors currently has a “Hold” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

South Bow (NYSE:SOBO) last posted its quarterly earnings data on Thursday, November 13th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.09. The business had revenue of $461.00 million for the quarter, compared to analyst estimates of $498.00 million. South Bow had a return on equity of 15.13% and a net margin of 16.84%.The company’s revenue was down 13.7% on a year-over-year basis.

SOBO has been the subject of a number of other research reports. Wolfe Research lowered shares of South Bow from a “peer perform” rating to an “underperform” rating and set a $24.00 price objective for the company. in a research report on Wednesday, January 14th. Barclays assumed coverage on shares of South Bow in a research note on Monday, December 8th. They issued an “equal weight” rating and a $27.00 target price for the company. Morgan Stanley reissued an “underweight” rating on shares of South Bow in a research note on Tuesday, December 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research report on Monday, November 17th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of South Bow in a research report on Monday, November 17th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, South Bow presently has a consensus rating of “Reduce” and an average price target of $29.00.

South Bow Price Performance

NYSE:SOBO opened at $29.18 on Thursday. South Bow has a 12-month low of $21.16 and a 12-month high of $29.68. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 18.35 and a beta of 0.47. The company’s 50-day moving average is $27.52 and its two-hundred day moving average is $27.29. The company has a current ratio of 1.36, a quick ratio of 1.28 and a debt-to-equity ratio of 2.19.

Hedge Funds Weigh In On South Bow

Several hedge funds and other institutional investors have recently modified their holdings of SOBO. City Holding Co. increased its position in South Bow by 277.4% during the 4th quarter. City Holding Co. now owns 1,000 shares of the company’s stock worth $27,000 after purchasing an additional 735 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of South Bow by 157.3% in the third quarter. EverSource Wealth Advisors LLC now owns 1,055 shares of the company’s stock worth $30,000 after acquiring an additional 645 shares in the last quarter. IFP Advisors Inc raised its stake in shares of South Bow by 780.3% in the 3rd quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock valued at $34,000 after acquiring an additional 1,069 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of South Bow by 1,993.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,340 shares of the company’s stock valued at $35,000 after acquiring an additional 1,276 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in South Bow in the 4th quarter valued at $39,000.

South Bow Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.00 annualized dividend and a yield of 6.9%. South Bow’s dividend payout ratio is currently 125.79%.

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.