US Capital Advisors Cuts Earnings Estimates for South Bow

South Bow Co. (NYSE:SOBO) – Equities research analysts at US Capital Advisors lowered their Q1 2025 earnings per share estimates for South Bow in a research note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.33 per share for the quarter, down from their prior estimate of $0.43. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. US Capital Advisors also issued estimates for South Bow’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.42 EPS, FY2025 earnings at $1.61 EPS and FY2026 earnings at $1.87 EPS.

Other research analysts also recently issued research reports about the stock. TD Securities started coverage on shares of South Bow in a research report on Wednesday, January 15th. They issued a “hold” rating for the company. Wells Fargo & Company lowered South Bow from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 18th. Royal Bank of Canada restated an “outperform” rating on shares of South Bow in a research report on Friday, March 7th. Scotiabank raised their target price on South Bow from $26.00 to $27.00 and gave the company a “sector perform” rating in a research report on Friday, March 7th. Finally, Wolfe Research cut South Bow from an “outperform” rating to a “peer perform” rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, South Bow presently has an average rating of “Hold” and an average price target of $25.67.

South Bow Stock Performance

NYSE:SOBO opened at $26.24 on Wednesday. The company’s 50 day moving average price is $25.14. South Bow has a 1-year low of $21.98 and a 1-year high of $27.60. The stock has a market cap of $5.46 billion and a price-to-earnings ratio of 14.18.

South Bow (NYSE:SOBO) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.12. The company had revenue of $488.00 million during the quarter, compared to analyst estimates of $524.87 million.

South Bow Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Monday, March 31st. South Bow’s dividend payout ratio (DPR) is presently 108.11%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC acquired a new position in South Bow in the 4th quarter valued at about $461,249,000. Capital International Investors purchased a new position in South Bow in the fourth quarter worth approximately $315,469,000. Price T Rowe Associates Inc. MD acquired a new stake in South Bow during the fourth quarter worth $290,786,000. Vanguard Group Inc. purchased a new stake in South Bow in the fourth quarter valued at $206,467,000. Finally, Bank of Montreal Can acquired a new position in shares of South Bow in the 4th quarter valued at $126,068,000.

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.