US Capital Advisors Comments on South Bow FY2027 Earnings

South Bow Corporation (NYSE:SOBO) – Analysts at US Capital Advisors raised their FY2027 earnings per share (EPS) estimates for shares of South Bow in a report released on Monday, February 2nd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $1.85 for the year, up from their previous forecast of $1.80. US Capital Advisors currently has a “Hold” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

South Bow (NYSE:SOBO) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.38 by $0.09. The company had revenue of $461.00 million during the quarter, compared to analyst estimates of $498.00 million. South Bow had a return on equity of 15.13% and a net margin of 16.84%.The business’s revenue was down 13.7% compared to the same quarter last year.

Several other research firms have also recently weighed in on SOBO. UBS Group assumed coverage on shares of South Bow in a research report on Thursday, December 11th. They set a “neutral” rating on the stock. Wolfe Research cut South Bow from a “peer perform” rating to an “underperform” rating and set a $24.00 target price on the stock. in a research note on Wednesday, January 14th. Jefferies Financial Group raised South Bow from a “hold” rating to a “buy” rating in a research note on Monday, December 15th. Morgan Stanley reiterated an “underweight” rating on shares of South Bow in a report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of South Bow in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $29.00.

South Bow Trading Up 1.2%

Shares of SOBO opened at $29.04 on Thursday. South Bow has a 1-year low of $21.16 and a 1-year high of $29.19. The company has a market capitalization of $6.05 billion, a P/E ratio of 18.26 and a beta of 0.47. The company has a debt-to-equity ratio of 2.19, a current ratio of 1.36 and a quick ratio of 1.28. The firm’s 50 day simple moving average is $27.48 and its 200 day simple moving average is $27.28.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. City Holding Co. boosted its holdings in South Bow by 277.4% during the 4th quarter. City Holding Co. now owns 1,000 shares of the company’s stock valued at $27,000 after acquiring an additional 735 shares during the period. EverSource Wealth Advisors LLC lifted its position in South Bow by 157.3% in the third quarter. EverSource Wealth Advisors LLC now owns 1,055 shares of the company’s stock valued at $30,000 after purchasing an additional 645 shares during the last quarter. IFP Advisors Inc lifted its position in South Bow by 780.3% in the third quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock valued at $34,000 after purchasing an additional 1,069 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of South Bow by 1,993.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,340 shares of the company’s stock valued at $35,000 after purchasing an additional 1,276 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new position in shares of South Bow in the fourth quarter worth approximately $39,000.

South Bow Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 6.9%. The ex-dividend date was Wednesday, December 31st. South Bow’s dividend payout ratio is presently 125.79%.

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.