South Bow Corporation (NYSE:SOBO – Free Report) – Stock analysts at US Capital Advisors cut their Q3 2026 EPS estimates for shares of South Bow in a report released 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.
South Bow (NYSE:SOBO – Get Free Report) last posted its quarterly 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 firm had revenue of $546.00 million during the quarter, compared to analyst estimates of $496.87 million. South Bow had a net margin of 22.99% and a return on equity of 15.84%.
Read Our Latest Stock Analysis on SOBO
South Bow Trading Up 2.2%
SOBO stock opened at $38.45 on Friday. South Bow has a 1-year low of $25.01 and a 1-year high of $38.94. The firm has a market cap of $8.02 billion, a P/E ratio of 17.40 and a beta of 0.15. The business’s 50 day moving average is $36.63 and its 200-day moving average is $34.64. The company has a current ratio of 1.52, a quick ratio of 1.44 and a debt-to-equity ratio of 2.15.
Institutional Investors Weigh In On South Bow
A number of large investors have recently bought and sold shares of SOBO. Intact Investment Management Inc. grew its stake 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 valued at $26,522,000 after purchasing an additional 158,100 shares during the last quarter. Bank of America Corp DE raised its position in South Bow by 23.3% in the 1st quarter. Bank of America Corp DE now owns 1,993,768 shares of the company’s stock worth $66,432,000 after purchasing an additional 376,108 shares during the last quarter. Renaissance Technologies LLC bought a new position in South Bow in the 1st quarter worth approximately $1,162,000. First Trust Advisors LP acquired a new position in South Bow during the 1st quarter worth $945,000. Finally, Vanguard Group Inc. lifted its holdings in South Bow by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 8,667,365 shares of the company’s stock worth $238,387,000 after buying an additional 118,147 shares in the last quarter.
South Bow Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 29th. South Bow’s payout ratio is presently 90.50%.
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.
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