What is Atb Cap Markets’ Forecast for South Bow Q3 Earnings?

South Bow Corporation (NYSE:SOBO) – Atb Cap Markets dropped their Q3 2025 earnings per share estimates for South Bow in a note issued to investors on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.38 for the quarter, down from their prior estimate of $0.39. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

South Bow (NYSE:SOBO) last announced its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The firm had revenue of $524.00 million during the quarter, compared to analyst estimates of $449.00 million.

SOBO has been the subject of several other reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $27.00 target price on shares of South Bow in a research report on Thursday, August 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research report on Friday, August 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of South Bow in a research note on Wednesday, October 8th. National Bankshares lifted their target price on South Bow from $25.00 to $26.00 and gave the company a “sector perform” rating in a report on Friday, August 8th. Finally, CIBC upped their price objective on shares of South Bow from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, South Bow currently has an average rating of “Hold” and an average target price of $29.40.

South Bow Stock Up 1.2%

Shares of NYSE SOBO opened at $26.38 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.20 and a debt-to-equity ratio of 2.19. The company has a market cap of $5.49 billion and a price-to-earnings ratio of 14.26. South Bow has a 12 month low of $21.16 and a 12 month high of $29.19. The stock has a 50-day moving average price of $27.70 and a two-hundred day moving average price of $26.43.

South Bow Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th were given a dividend of $0.50 per share. The ex-dividend date was Monday, September 29th. This represents a $2.00 dividend on an annualized basis and a yield of 7.6%. South Bow’s dividend payout ratio is currently 108.11%.

Hedge Funds Weigh In On South Bow

Several hedge funds have recently bought and sold shares of SOBO. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its position in South Bow by 0.3% during the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,530,500 shares of the company’s stock worth $43,298,000 after buying an additional 4,400 shares during the period. Viking Fund Management LLC grew its position in shares of South Bow by 150.0% during the 3rd quarter. Viking Fund Management LLC now owns 6,000 shares of the company’s stock valued at $170,000 after buying an additional 3,600 shares during the last quarter. Corient Private Wealth LLC acquired a new position in South Bow during the 2nd quarter valued at about $220,000. Osaic Holdings Inc. grew its holdings in shares of South Bow by 37.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,856 shares of the company’s stock worth $126,000 after acquiring an additional 1,324 shares during the last quarter. Finally, Westwood Holdings Group Inc. grew its position in South Bow by 15.0% in the second quarter. Westwood Holdings Group Inc. now owns 1,109,346 shares of the company’s stock worth $28,743,000 after acquiring an additional 145,037 shares in the last quarter.

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.