FY2026 EPS Estimates for South Bow Increased by Analyst

South Bow Corporation (NYSE:SOBO) – Investment analysts at US Capital Advisors upped their FY2026 earnings estimates for South Bow in a research report issued to clients and investors on Friday, May 29th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $1.67 per share for the year, up from their previous forecast of $1.62. The consensus estimate for South Bow’s current full-year earnings is $1.75 per share.

South Bow (NYSE:SOBO) last issued its earnings results on Thursday, May 7th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The company had revenue of $491.00 million for the quarter, compared to the consensus estimate of $491.21 million. South Bow had a return on equity of 15.24% and a net margin of 21.32%.The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 earnings per share.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research note on Monday, May 11th. National Bank Financial raised their price objective on shares of South Bow from $31.00 to $35.00 and gave the company a “sector perform” rating in a research note on Monday. Barclays raised their price objective on shares of South Bow from $33.00 to $34.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. TD Securities reaffirmed a “hold” rating on shares of South Bow in a research note on Friday, May 1st. Finally, Weiss Ratings raised shares of South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $31.57.

South Bow Stock Up 1.2%

Shares of NYSE SOBO opened at $36.80 on Wednesday. The firm has a market cap of $7.68 billion, a PE ratio of 18.13 and a beta of 0.14. South Bow has a 12-month low of $25.01 and a 12-month high of $38.39. The company’s fifty day simple moving average is $34.44 and its 200 day simple moving average is $30.83. The company has a quick ratio of 1.37, a current ratio of 1.51 and a debt-to-equity ratio of 2.16.

South Bow Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, June 30th. South Bow’s dividend payout ratio (DPR) is presently 98.52%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of South Bow by 23.3% during the first quarter. Bank of America Corp DE now owns 1,993,768 shares of the company’s stock valued at $66,432,000 after purchasing an additional 376,108 shares in the last quarter. Amundi bought a new position in shares of South Bow during the first quarter valued at about $297,000. EverSource Wealth Advisors LLC lifted its position in shares of South Bow by 78.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,893 shares of the company’s stock valued at $63,000 after purchasing an additional 831 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of South Bow during the first quarter valued at about $2,138,000. Finally, Renaissance Technologies LLC bought a new position in shares of South Bow during the first quarter valued at about $1,162,000.

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.