Q3 Earnings Estimate for South Bow Issued By Atb Cap Markets

South Bow Corporation (NYSE:SOBO) – Atb Cap Markets decreased their Q3 2025 earnings per share estimates for shares of South Bow in a research note issued to investors on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.38 per share for the quarter, down from their prior estimate of $0.39. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share.

South Bow (NYSE:SOBO) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The business had revenue of $524.00 million during the quarter, compared to analyst estimates of $449.00 million.

SOBO has been the subject of a number of other research reports. Scotiabank increased their target price on South Bow from $27.00 to $28.00 and gave the company a “sector perform” rating in a report on Monday. JPMorgan Chase & Co. reissued an “underweight” rating and set a $27.00 target price on shares of South Bow in a report on Thursday, August 21st. CIBC increased their target price on South Bow from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of South Bow in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of South Bow in a report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, South Bow presently has an average rating of “Hold” and an average target price of $29.40.

South Bow Stock Performance

NYSE SOBO opened at $26.06 on Wednesday. The stock has a 50-day moving average of $27.73 and a 200 day moving average of $26.43. South Bow has a twelve month low of $21.16 and a twelve month high of $29.19. The stock has a market capitalization of $5.43 billion and a price-to-earnings ratio of 14.08. The company has a current ratio of 1.28, a quick ratio of 1.20 and a debt-to-equity ratio of 2.19.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its position in South Bow by 0.3% in the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,530,500 shares of the company’s stock worth $43,298,000 after acquiring an additional 4,400 shares during the period. Viking Fund Management LLC grew its position in South Bow by 150.0% in the third quarter. Viking Fund Management LLC now owns 6,000 shares of the company’s stock worth $170,000 after acquiring an additional 3,600 shares during the period. Corient Private Wealth LLC purchased a new position in South Bow in the second quarter worth approximately $220,000. Osaic Holdings Inc. grew its position in South Bow by 37.5% in the second quarter. Osaic Holdings Inc. now owns 4,856 shares of the company’s stock worth $126,000 after acquiring an additional 1,324 shares during the period. Finally, Westwood Holdings Group Inc. grew its position in South Bow by 15.0% in the second quarter. Westwood Holdings Group Inc. now owns 1,109,346 shares of the company’s stock worth $28,743,000 after acquiring an additional 145,037 shares during the period.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 29th were given a $0.50 dividend. The ex-dividend date was Monday, September 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.7%. South Bow’s dividend payout ratio is 108.11%.

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.