
South Bow Corporation (NYSE:SOBO – Free Report) – Equities research analysts at US Capital Advisors increased their FY2026 earnings per share (EPS) estimates for shares of South Bow in a research report issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $1.70 per share for the year, up from their previous forecast of $1.67. The consensus estimate for South Bow’s current full-year earnings is $1.78 per share.
A number of other research analysts have also weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of South Bow in a research note on Monday, April 20th. They issued a “sell” rating and a $29.00 target price on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of South Bow in a research report on Monday, May 11th. Scotiabank boosted their price objective on South Bow from $36.00 to $39.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. National Bank Financial upped their target price on South Bow from $31.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, June 1st. Finally, Canadian Imperial Bank of Commerce raised their target price on South Bow from $33.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $32.00.
South Bow Stock Performance
Shares of NYSE:SOBO opened at $37.39 on Thursday. The firm has a market capitalization of $7.80 billion, a PE ratio of 18.42 and a beta of 0.16. South Bow has a 1 year low of $25.01 and a 1 year high of $38.94. The business’s 50 day moving average price is $36.79 and its 200-day moving average price is $33.57. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.51 and a quick ratio of 1.37.
South Bow (NYSE:SOBO – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.02). South Bow had a net margin of 21.32% and a return on equity of 15.24%. The company had revenue of $491.00 million for the quarter, compared to analysts’ expectations of $491.21 million. During the same quarter in the prior year, the business posted $0.47 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year.
Institutional Trading of South Bow
Institutional investors have recently made changes to their positions in the company. City Holding Co. lifted its holdings in South Bow by 277.4% in the fourth 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 last quarter. Parallel Advisors LLC raised its holdings in South Bow by 140.5% in the 1st quarter. Parallel Advisors LLC now owns 849 shares of the company’s stock valued at $28,000 after buying an additional 496 shares during the period. IFP Advisors Inc boosted its stake in South Bow by 780.3% during the third quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock worth $34,000 after buying an additional 1,069 shares during the period. Northwestern Mutual Wealth Management Co. increased its position 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 acquiring an additional 1,276 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of South Bow in the 4th quarter valued at approximately $39,000.
South Bow Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 5.3%. South Bow’s dividend payout ratio is 98.52%.
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.
Featured Articles
- Five stocks we like better than South Bow
- Circle’s IBM Patent Deal Could Redraw the Stablecoin Infrastructure Race
- Survey Reveals: 62% of US Households Are Cutting Back on Protein as Grocery Prices Rise [2026]
- UnitedHealth Just Gave Wall Street a Clearer Turnaround Signal
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
Receive News & Ratings for South Bow Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South Bow and related companies with MarketBeat.com's FREE daily email newsletter.
