US Capital Advisors Predicts Stronger Earnings for South Bow

South Bow Co. (NYSE:SOBO) – US Capital Advisors lifted their Q4 2024 earnings per share estimates for shares of South Bow in a report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.40 for the quarter, up from their previous forecast of $0.39. US Capital Advisors has a “Strong-Buy” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.83 per share. US Capital Advisors also issued estimates for South Bow’s Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.43 EPS, Q3 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.73 EPS and FY2026 earnings at $1.94 EPS.

A number of other equities analysts also recently issued reports on SOBO. Jefferies Financial Group started coverage on South Bow in a research report on Tuesday, October 8th. They set a “hold” rating on the stock. Tudor Pickering raised South Bow to a “strong-buy” rating in a research report on Tuesday, November 19th. Morgan Stanley initiated coverage on South Bow in a report on Friday, October 25th. They issued an “underweight” rating for the company. Finally, Cibc World Mkts upgraded shares of South Bow to a “hold” rating in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

South Bow Price Performance

Shares of SOBO stock opened at $25.33 on Wednesday. South Bow has a 1-year low of $21.12 and a 1-year high of $27.30.

South Bow Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date of this dividend is Tuesday, December 31st.

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.