Scotiabank Estimates South Bow’s FY2026 Earnings (NYSE:SOBO)

Posted by on May 15th, 2026

South Bow Corporation (NYSE:SOBO – Free Report) – Investment analysts at Scotiabank increased their FY2026 earnings estimates for shares of South Bow in a research report issued on Thursday, May 14th. Scotiabank analyst R. Hope now anticipates that the company will post earnings of $1.75 per share for the year, up from their prior forecast of $1.73. Scotiabank has a “Sector Perform” rating and a $36.00 price objective on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.89 per share. Scotiabank also issued estimates for South Bow’s FY2027 earnings at $2.03 EPS.

South Bow (NYSE:SOBO – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.44 EPS 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 firm had revenue of $491.00 million during the quarter, compared to analyst estimates of $491.21 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year.

SOBO has been the topic of a number of other research reports. Weiss Ratings upgraded shares of South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. TD Securities reissued a “hold” rating on shares of South Bow in a research report on Friday, May 1st. Wall Street Zen downgraded shares of South Bow from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. National Bank Financial boosted their target price on shares of South Bow from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Monday, March 16th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of South Bow in a research report on Monday, April 27th. 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 company. According to data from MarketBeat, South Bow currently has an average rating of “Reduce” and an average target price of $30.63.

View Our Latest Research Report on SOBO

South Bow Stock Performance

Shares of SOBO stock opened at $36.60 on Friday. South Bow has a 12 month low of $24.51 and a 12 month high of $36.74. 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 $7.63 billion, a P/E ratio of 18.03 and a beta of 0.11. The company’s fifty day moving average price is $33.50 and its two-hundred day moving average price is $29.87.

South Bow Announces Dividend

The firm also recently disclosed 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 5.5%. The ex-dividend date of this dividend is Tuesday, June 30th. South Bow’s dividend payout ratio is currently 98.52%.

Institutional Investors Weigh In On South Bow

A number of institutional investors have recently modified their holdings of the business. Capital International Investors grew its position in shares of South Bow by 0.6% during the 4th quarter. Capital International Investors now owns 15,483,085 shares of the company’s stock valued at $425,840,000 after buying an additional 94,772 shares during the last quarter. Vanguard Group Inc. grew its position in shares of South Bow by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 8,667,365 shares of the company’s stock valued at $238,387,000 after buying an additional 118,147 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of South Bow by 3.0% during the 4th quarter. Clearbridge Investments LLC now owns 7,262,965 shares of the company’s stock valued at $199,514,000 after buying an additional 209,864 shares during the last quarter. Cibc World Market Inc. grew its position in shares of South Bow by 11.8% during the 4th quarter. Cibc World Market Inc. now owns 3,571,092 shares of the company’s stock valued at $98,241,000 after buying an additional 376,514 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of South Bow by 24.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,914,614 shares of the company’s stock valued at $97,134,000 after buying an additional 565,787 shares during the last quarter.

South Bow Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for South Bow (NYSE:SOBO)

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