US Capital Advisors Weighs in on South Bow Q3 Earnings

South Bow Corporation (NYSE:SOBOFree Report) – Investment analysts at US Capital Advisors issued their Q3 2027 earnings per share (EPS) estimates for South Bow in a research note issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker expects that the company will post earnings of $0.46 per share for the quarter. 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 Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.83 EPS.

A number of other research analysts also recently commented on the stock. UBS Group started coverage on shares of South Bow in a research report on Thursday, December 11th. They issued a “neutral” rating on the stock. Morgan Stanley restated an “underweight” rating on shares of South Bow in a research note on Tuesday, December 2nd. Weiss Ratings raised South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Barclays lifted their target price on South Bow from $27.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, March 9th. Finally, Wolfe Research downgraded South Bow from a “peer perform” rating to an “underperform” rating and set a $24.00 target price for the company. in a report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $30.57.

Read Our Latest Analysis on South Bow

South Bow Stock Down 0.4%

Shares of NYSE:SOBO opened at $34.00 on Wednesday. The firm has a 50 day simple moving average of $30.85 and a 200-day simple moving average of $28.51. South Bow has a twelve month low of $21.16 and a twelve month high of $34.46. The company has a current ratio of 1.50, a quick ratio of 1.43 and a debt-to-equity ratio of 2.13. The company has a market capitalization of $7.08 billion, a PE ratio of 16.34 and a beta of 0.29.

South Bow (NYSE:SOBOGet Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.40 by $0.21. South Bow had a net margin of 21.80% and a return on equity of 15.55%. The company had revenue of $503.00 million for the quarter, compared to analyst estimates of $500.57 million. During the same period in the prior year, the firm posted $0.54 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis.

South Bow Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Tuesday, March 31st. South Bow’s dividend payout ratio (DPR) is presently 96.15%.

Institutional Investors Weigh In On South Bow

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Investors grew its holdings in shares of South Bow by 0.6% during the fourth quarter. Capital International Investors now owns 15,483,085 shares of the company’s stock worth $425,840,000 after buying an additional 94,772 shares during the last quarter. Vanguard Group Inc. raised its stake in South Bow by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 8,667,365 shares of the company’s stock valued at $238,387,000 after acquiring an additional 118,147 shares during the last quarter. Clearbridge Investments LLC lifted its position in South Bow by 3.0% during the 4th quarter. Clearbridge Investments LLC now owns 7,262,965 shares of the company’s stock worth $199,514,000 after acquiring an additional 209,864 shares during the period. Cibc World Market Inc. lifted its position in South Bow by 11.8% during the 4th quarter. Cibc World Market Inc. now owns 3,571,092 shares of the company’s stock worth $98,241,000 after acquiring an additional 376,514 shares during the period. Finally, Thornburg Investment Management Inc. grew its stake in shares of South Bow by 41.7% in the 4th quarter. Thornburg Investment Management Inc. now owns 2,829,875 shares of the company’s stock valued at $77,840,000 after purchasing an additional 832,574 shares during the last quarter.

South Bow Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for South Bow (NYSE:SOBO)

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