Q1 Earnings Estimate for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO) – Equities researchers at Atb Cap Markets reduced their Q1 2025 EPS estimates for South Bow in a research report issued on Thursday, March 6th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $0.40 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. Atb Cap Markets also issued estimates for South Bow’s Q2 2025 earnings at $0.40 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.61 EPS, Q1 2026 earnings at $0.46 EPS, Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.88 EPS and FY2027 earnings at $2.04 EPS.

SOBO has been the subject of a number of other reports. Wells Fargo & Company downgraded shares of South Bow from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 18th. Wolfe Research downgraded shares of South Bow from an “outperform” rating to a “peer perform” rating in a research note on Friday. CIBC downgraded shares of South Bow from a “sector outperform” rating to a “neutral” rating and set a $25.00 target price for the company. in a research note on Friday. Scotiabank upped 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. Finally, TD Securities started coverage on shares of South Bow in a research note on Wednesday, January 15th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $25.67.

South Bow Stock Performance

SOBO opened at $24.01 on Monday. The company has a market capitalization of $4.99 billion and a P/E ratio of 12.98. The business’s 50 day simple moving average is $24.58. South Bow has a fifty-two week low of $21.12 and a fifty-two week high of $27.60.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SOBO. FMR LLC acquired a new position in shares of South Bow in the fourth quarter valued at approximately $461,249,000. Capital International Investors acquired a new position in shares of South Bow in the fourth quarter valued at approximately $315,469,000. Price T Rowe Associates Inc. MD acquired a new position in shares of South Bow in the fourth quarter valued at approximately $290,786,000. Vanguard Group Inc. acquired a new position in shares of South Bow in the fourth quarter valued at approximately $206,467,000. Finally, Bank of Montreal Can acquired a new position in shares of South Bow in the fourth quarter valued at approximately $126,068,000.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 8.33%. The ex-dividend date is Monday, March 31st. South Bow’s dividend payout ratio (DPR) is presently 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.