National Bank Financial Estimates South Bow Q1 Earnings

South Bow Co. (NYSE:SOBO) – Stock analysts at National Bank Financial issued their Q1 2025 earnings estimates for South Bow in a research report issued on Wednesday, April 23rd. National Bank Financial analyst P. Kenny forecasts that the company will post earnings per share of $0.43 for the quarter. 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 Wednesday, March 5th. The company reported $0.54 EPS for the quarter, topping the consensus estimate 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.

Other equities research analysts also recently issued reports about the company. Wolfe Research downgraded South Bow from an “outperform” rating to a “peer perform” rating in a report on Friday, March 7th. CIBC cut 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 report on Friday, March 7th. JPMorgan Chase & Co. started coverage on shares of South Bow in a research note on Friday, March 28th. They issued a “neutral” rating and a $28.00 target price on the stock. National Bankshares raised their price target on shares of South Bow from $24.00 to $25.00 and gave the company a “sector perform” rating in a research report on Friday, March 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of South Bow in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $26.25.

South Bow Stock Down 0.4 %

Shares of SOBO opened at $24.71 on Thursday. The stock has a market cap of $5.15 billion and a P/E ratio of 13.36. The business’s 50 day moving average price is $25.13 and its 200-day moving average price is $24.64. South Bow has a 52 week low of $21.16 and a 52 week high of $27.60.

South Bow Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date of this dividend was Monday, March 31st. South Bow’s payout ratio is 108.11%.

Institutional Investors Weigh In On South Bow

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Wiser Advisor Group LLC bought a new position in shares of South Bow in the fourth quarter worth about $27,000. Roxbury Financial LLC purchased a new position in South Bow during the fourth quarter valued at approximately $29,000. BNP Paribas Financial Markets purchased a new stake in shares of South Bow in the fourth quarter worth $29,000. Louisbourg Investments Inc. bought a new stake in shares of South Bow during the 1st quarter valued at $31,000. Finally, Assetmark Inc. purchased a new position in shares of South Bow during the 4th quarter valued at $33,000.

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.