What is Scotiabank’s Forecast for South Bow FY2025 Earnings?

South Bow Co. (NYSE:SOBO) – Stock analysts at Scotiabank issued their FY2025 earnings estimates for shares of South Bow in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst R. Hope forecasts that the company will post earnings of $1.73 per share for the year. Scotiabank has a “Hold” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.83 per share. Scotiabank also issued estimates for South Bow’s FY2026 earnings at $1.95 EPS.

SOBO has been the subject of a number of other reports. Jefferies Financial Group began coverage on South Bow in a research note on Tuesday, October 8th. They set a “hold” rating for the company. US Capital Advisors upgraded shares of South Bow to a “strong-buy” rating in a research report on Monday, October 28th. Cibc World Mkts upgraded shares of South Bow to a “hold” rating in a research report on Friday, October 11th. Tudor Pickering raised shares of South Bow to a “strong-buy” rating in a research report on Tuesday, November 19th. Finally, Morgan Stanley began coverage on South Bow in a research note on Friday, October 25th. They issued an “underweight” rating for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, South Bow presently has an average rating of “Hold” and a consensus target price of $25.00.

South Bow Trading Up 2.4 %

SOBO stock opened at $23.84 on Monday. South Bow has a 1 year low of $21.12 and a 1 year high of $27.30. The business has a fifty day moving average price of $24.44.

South Bow Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, December 31st. This represents a $2.00 annualized dividend and a dividend yield of 8.39%. South Bow’s payout ratio is 114.29%.

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.