Q3 EPS Estimate for South Bow Lowered by Analyst

South Bow Corporation (NYSE:SOBO) – Investment analysts at US Capital Advisors decreased their Q3 2026 earnings estimates for shares of South Bow in a research note issued to investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.38 for the quarter, down from their previous forecast of $0.41. The consensus estimate for South Bow’s current full-year earnings is $1.87 per share. US Capital Advisors also issued estimates for South Bow’s Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.45 EPS, FY2027 earnings at $1.80 EPS and FY2028 earnings at $1.91 EPS.

South Bow (NYSE:SOBO) last posted its earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $546.00 million for the quarter, compared to analysts’ expectations of $496.87 million.

Several other equities analysts have also recently issued reports on the company. Raymond James Financial reissued an “outperform” rating on shares of South Bow in a research note on Wednesday, October 14th. Scotiabank increased their price objective on South Bow from $36.00 to $39.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce cut their price objective on South Bow from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, October 22nd. BMO Capital Markets reaffirmed a “market perform” rating on shares of South Bow in a research report on Monday, July 6th. Finally, Wall Street Zen cut South Bow from a “hold” rating to a “sell” rating in a research report on Saturday, October 17th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $32.50.

South Bow Trading Down 0.6%

Shares of South Bow stock opened at $35.46 on Wednesday. The business’s 50-day moving average price is $35.48 and its 200-day moving average price is $34.21. South Bow has a 12 month low of $25.01 and a 12 month high of $39.02.

Institutional Investors Weigh In On South Bow

Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position in shares of South Bow by 140.5% during 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 in the last quarter. EverSource Wealth Advisors LLC increased 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 acquiring an additional 831 shares during the last quarter. Kelleher Financial Advisors purchased a new position in shares of South Bow in the second quarter valued at approximately $68,000. Integrated Wealth Concepts LLC acquired a new stake in South Bow in the second quarter valued at approximately $81,000. Finally, IFP Advisors Inc boosted its holdings in South Bow by 202.6% in the third quarter. IFP Advisors Inc now owns 2,454 shares of the company’s stock valued at $81,000 after purchasing an additional 1,643 shares in the last quarter.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 29th. This represents a $2.00 dividend on an annualized basis and a yield of 5.6%.

About South Bow

South Bow Corp. (NYSE: SOBO) is a liquids-focused energy infrastructure company headquartered in Calgary, Alberta. The company owns and operates crude oil transportation and storage assets that connect Canadian production regions with refineries, storage hubs and export markets in the United States.

South Bow’s primary asset is the Keystone Pipeline System, which transports crude oil from Western Canada to destinations in the U.S. Midwest and along the U.S. Gulf Coast. The company also operates the Marketlink system, which moves crude from Cushing, Oklahoma, to the Gulf Coast, as well as Canadian pipeline assets serving oil sands and other production areas.

South Bow began operating as an independent publicly traded company in October 2024 following its separation from TC Energy.