Q2 Earnings Forecast for South Bow Issued By Atb Cap Markets

South Bow Co. (NYSE:SOBO) – Analysts at Atb Cap Markets decreased their Q2 2025 earnings estimates for shares of South Bow in a report issued on Monday, May 19th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.37 per share for the quarter, down from their previous 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, topping analysts’ consensus estimates of $0.42 by $0.05. The business had revenue of $498.00 million for the quarter, compared to analyst estimates of $527.00 million. The company’s quarterly revenue was down 8.5% on a year-over-year basis.

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

South Bow Stock Performance

Shares of SOBO opened at $25.76 on Wednesday. South Bow has a fifty-two week low of $21.16 and a fifty-two week high of $27.60. The firm has a 50-day simple moving average of $25.00 and a 200-day simple moving average of $24.76. The company has a market capitalization of $5.36 billion and a price-to-earnings ratio of 13.92.

South Bow Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, June 30th. This represents a $2.00 annualized dividend and a yield of 7.76%. South Bow’s payout ratio is currently 108.11%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of South Bow by 17.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,035 shares of the company’s stock valued at $5,079,000 after buying an additional 29,542 shares during the last quarter. Zimmer Partners LP acquired a new position in South Bow during the 1st quarter worth approximately $4,471,000. Goldman Sachs Group Inc. boosted its position in South Bow by 157.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,851,407 shares of the company’s stock valued at $98,288,000 after buying an additional 10,510,206 shares during the last quarter. Murchinson Ltd. acquired a new stake in South Bow in the first quarter valued at $134,592,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in South Bow by 17.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,765,548 shares of the company’s stock worth $70,577,000 after buying an additional 413,094 shares during the last quarter.

South Bow Company Profile

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.