Q2 Earnings Forecast for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO) – Equities researchers at Atb Cap Markets dropped their Q2 2025 EPS estimates for shares of South Bow in a research note issued on Monday, May 19th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $0.37 for the quarter, down from their prior estimate of $0.40. 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 Q3 2025 earnings at $0.37 EPS and FY2027 earnings at $2.06 EPS.

South Bow (NYSE:SOBO) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.05. The company had revenue of $498.00 million during the quarter, compared to the consensus estimate of $527.00 million. South Bow’s revenue was down 8.5% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on SOBO. National Bankshares increased their target price on shares of South Bow from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Friday, March 7th. Scotiabank increased their target price on shares of South Bow from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research 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 research report on Friday, March 7th. JPMorgan Chase & Co. started coverage on shares of South Bow in a research report on Friday, March 28th. They set a “neutral” rating and a $28.00 target price for the company. Finally, Wolfe Research cut shares of South Bow from an “outperform” rating to a “peer perform” rating in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $28.60.

South Bow Stock Performance

NYSE:SOBO opened at $25.81 on Wednesday. The company has a market capitalization of $5.37 billion and a price-to-earnings ratio of 13.95. The company has a 50-day moving average of $25.00 and a 200-day moving average of $24.77. South Bow has a 52 week low of $21.16 and a 52 week high of $27.60.

Institutional Inflows and Outflows

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

South Bow Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.75%. The ex-dividend date is Monday, June 30th. South Bow’s payout ratio is 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.