South Bow (SOBO) to Release Earnings on Thursday

South Bow (NYSE:SOBO) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 15th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $527.00 million for the quarter.

South Bow (NYSE:SOBO) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.12. The firm had revenue of $488.00 million during the quarter, compared to the consensus estimate of $524.87 million. On average, analysts expect South Bow to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

South Bow Price Performance

SOBO opened at $26.04 on Thursday. The firm has a market capitalization of $5.42 billion and a P/E ratio of 14.08. The company has a fifty day moving average price of $25.05 and a 200-day moving average price of $24.72. South Bow has a one year low of $21.16 and a one year high of $27.60.

South Bow Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 7.68%. South Bow’s payout ratio is 108.11%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. National Bankshares lifted their price objective on South Bow from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Friday, March 7th. CIBC lowered 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. Wolfe Research cut South Bow from an “outperform” rating to a “peer perform” rating in a report on Friday, March 7th. Scotiabank lifted their price target on shares of South Bow from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Friday, March 7th. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of South Bow in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $26.25.

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.