
South Bow Corporation (NYSE:SOBO – Free Report) – US Capital Advisors reduced their Q3 2026 earnings per share (EPS) estimates for shares of South Bow in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.30 per share for the quarter, down from their previous estimate of $0.41. The consensus estimate for South Bow’s current full-year earnings is $1.81 per share. US Capital Advisors also issued estimates for South Bow’s Q4 2026 earnings at $0.31 EPS, Q1 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.33 EPS and Q4 2027 earnings at $0.33 EPS.
Several other equities analysts have also weighed in on SOBO. BMO Capital Markets restated a “market perform” rating on shares of South Bow in a report on Monday, July 6th. Raymond James Financial started coverage on shares of South Bow in a report on Tuesday, June 9th. They set an “outperform” rating for the company. Canadian Imperial Bank of Commerce upped their target price on shares of South Bow from $33.00 to $36.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Wall Street Zen raised South Bow from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Weiss Ratings raised South Bow from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $33.00.
South Bow Stock Up 2.2%
Shares of NYSE:SOBO opened at $38.45 on Friday. South Bow has a one year low of $25.01 and a one year high of $38.94. The company has a 50 day moving average of $36.63 and a 200-day moving average of $34.64. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.52 and a quick ratio of 1.44. The stock has a market cap of $8.02 billion, a price-to-earnings ratio of 17.40 and a beta of 0.15.
South Bow (NYSE:SOBO – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $546.00 million for the quarter, compared to the consensus estimate of $496.87 million. South Bow had a net margin of 22.99% and a return on equity of 15.84%.
South Bow Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.2%. South Bow’s dividend payout ratio is 90.50%.
Institutional Trading of South Bow
A number of hedge funds have recently modified their holdings of SOBO. Parallel Advisors LLC boosted its stake in South Bow by 140.5% during the 1st quarter. Parallel Advisors LLC now owns 849 shares of the company’s stock worth $28,000 after acquiring an additional 496 shares during the last quarter. IFP Advisors Inc grew its holdings in South Bow by 780.3% during the third quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock valued at $34,000 after purchasing an additional 1,069 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in South Bow by 1,993.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,340 shares of the company’s stock valued at $35,000 after purchasing an additional 1,276 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in South Bow by 78.2% in 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. Finally, Kelleher Financial Advisors acquired a new stake in South Bow in the second quarter worth $68,000.
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 Stories
- Five stocks we like better than South Bow
- Moderna’s 177% Surge Has Investors Asking What Comes Next
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
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.
