South Bow Q2 EPS Estimate Raised by US Capital Advisors

South Bow Corporation (NYSE:SOBOFree Report) – US Capital Advisors raised their Q2 2026 earnings per share estimates for South Bow in a research report issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.42 per share for the quarter, up from their previous estimate of $0.39. The consensus estimate for South Bow’s current full-year earnings is $1.78 per share. US Capital Advisors also issued estimates for South Bow’s Q2 2027 earnings at $0.46 EPS.

South Bow (NYSE:SOBOGet Free Report) last issued its quarterly earnings results 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 company had revenue of $491.00 million during the quarter, compared to analysts’ expectations of $491.21 million. During the same quarter in the previous year, the company earned $0.47 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year.

A number of other equities research analysts have also recently commented on SOBO. Wall Street Zen upgraded shares of South Bow from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of South Bow in a report on Thursday, June 11th. BMO Capital Markets reiterated a “market perform” rating on shares of South Bow in a research note on Monday, July 6th. Canadian Imperial Bank of Commerce raised their price target on South Bow from $33.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Finally, Scotiabank boosted 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. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $32.00.

View Our Latest Stock Report on South Bow

South Bow Stock Up 0.2%

SOBO stock opened at $37.41 on Friday. The business’s 50-day moving average price is $36.78 and its 200-day moving average price is $33.65. The stock has a market cap of $7.80 billion, a P/E ratio of 18.43 and a beta of 0.16. The company has a quick ratio of 1.37, a current ratio of 1.51 and a debt-to-equity ratio of 2.16. South Bow has a twelve month low of $25.01 and a twelve month high of $38.94.

Hedge Funds Weigh In On South Bow

Several hedge funds have recently modified their holdings of the stock. Intact Investment Management Inc. boosted its position in shares of South Bow by 19.6% during the fourth quarter. Intact Investment Management Inc. now owns 964,360 shares of the company’s stock worth $26,522,000 after acquiring an additional 158,100 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in South Bow by 204.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 118,991 shares of the company’s stock valued at $3,366,000 after acquiring an additional 79,858 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in South Bow by 7.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,336,103 shares of the company’s stock valued at $36,700,000 after acquiring an additional 93,805 shares during the last quarter. Vanguard Group Inc. lifted its stake in South Bow by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 8,667,365 shares of the company’s stock worth $238,387,000 after purchasing an additional 118,147 shares in the last quarter. Finally, Miller Howard Investments Inc. NY lifted its stake in South Bow by 4.6% in the 4th quarter. Miller Howard Investments Inc. NY now owns 798,348 shares of the company’s stock worth $21,931,000 after purchasing an additional 35,331 shares in the last quarter.

South Bow Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 5.3%. South Bow’s dividend payout ratio (DPR) is presently 98.52%.

About South Bow

(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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