US Capital Advisors Predicts Higher Earnings for South Bow

South Bow Corporation (NYSE:SOBO) – Analysts at US Capital Advisors lifted their FY2026 earnings estimates for shares of South Bow in a research report issued on Friday, May 29th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $1.67 per share for the year, up from their prior forecast of $1.62. The consensus estimate for South Bow’s current full-year earnings is $1.75 per share.

SOBO has been the topic of a number of other reports. TD Securities reissued a “hold” rating on shares of South Bow in a report on Friday, May 1st. Scotiabank upped their price objective on shares of South Bow from $34.00 to $36.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. The Goldman Sachs Group started coverage on shares of South Bow in a research note on Monday, April 20th. They issued a “sell” rating and a $29.00 price objective on the stock. Barclays upped 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. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of South Bow in a research note on Monday, April 27th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, South Bow has a consensus rating of “Reduce” and a consensus target price of $31.57.

South Bow Trading Up 1.2%

SOBO opened at $36.80 on Wednesday. South Bow has a fifty-two week low of $25.01 and a fifty-two week high of $38.39. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.51 and a quick ratio of 1.37. The firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 18.13 and a beta of 0.14. The company’s 50 day moving average price is $34.44 and its two-hundred day moving average price is $30.83.

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

Hedge Funds Weigh In On South Bow

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new position in South Bow during the fourth quarter worth $24,566,000. Thornburg Investment Management Inc. boosted its stake in South Bow by 41.7% during the fourth quarter. Thornburg Investment Management Inc. now owns 2,829,875 shares of the company’s stock worth $77,840,000 after acquiring an additional 832,574 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in South Bow by 51.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,348,827 shares of the company’s stock worth $64,541,000 after acquiring an additional 799,707 shares in the last quarter. American Century Companies Inc. boosted its stake in South Bow by 467.7% during the third quarter. American Century Companies Inc. now owns 959,031 shares of the company’s stock worth $27,137,000 after acquiring an additional 790,111 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in South Bow by 485.9% during the third quarter. Qube Research & Technologies Ltd now owns 784,565 shares of the company’s stock worth $22,195,000 after acquiring an additional 650,648 shares in the last quarter.

South Bow Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 5.4%. South Bow’s payout ratio is 98.52%.

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.