
South Bow Corporation (NYSE:SOBO – Free Report) – US Capital Advisors issued their Q3 2027 earnings per share estimates for South Bow in a report released on Monday, March 23rd. US Capital Advisors analyst J. Carreker anticipates that the company will post earnings per share of $0.46 for the quarter. The consensus estimate for South Bow’s current full-year earnings is $1.74 per share. US Capital Advisors also issued estimates for South Bow’s Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.83 EPS.
SOBO has been the topic of a number of other reports. Jefferies Financial Group raised shares of South Bow from a “hold” rating to a “buy” rating in a research report on Monday, December 15th. Barclays raised their price target on shares of South Bow from $27.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, March 9th. UBS Group assumed coverage on shares of South Bow in a research note on Thursday, December 11th. They set a “neutral” rating on the stock. Weiss Ratings upgraded shares of South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Finally, National Bank Financial upped their price objective on shares of South Bow from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Monday, March 16th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $30.57.
South Bow Stock Up 0.3%
NYSE SOBO opened at $33.86 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.50 and a debt-to-equity ratio of 2.13. South Bow has a fifty-two week low of $21.16 and a fifty-two week high of $34.46. The business has a 50 day moving average price of $30.53 and a two-hundred day moving average price of $28.43. The stock has a market cap of $7.05 billion, a PE ratio of 16.28 and a beta of 0.29.
South Bow (NYSE:SOBO – Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.40 by $0.21. The business had revenue of $503.00 million for the quarter, compared to the consensus estimate of $500.57 million. South Bow had a return on equity of 15.55% and a net margin of 21.80%.The company’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the business posted $0.54 EPS.
South Bow Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.9%. South Bow’s dividend payout ratio (DPR) is presently 96.15%.
Institutional Trading of South Bow
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in South Bow during the 2nd quarter valued at $26,248,000. Thornburg Investment Management Inc. increased its position in shares of South Bow by 114.5% in the 2nd quarter. Thornburg Investment Management Inc. now owns 1,656,020 shares of the company’s stock worth $43,047,000 after purchasing an additional 883,918 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of South Bow by 51.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,348,827 shares of the company’s stock worth $64,541,000 after purchasing an additional 799,707 shares during the last quarter. American Century Companies Inc. raised its stake in shares of South Bow by 467.7% in the 3rd quarter. American Century Companies Inc. now owns 959,031 shares of the company’s stock valued at $27,137,000 after purchasing an additional 790,111 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in shares of South Bow by 485.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 784,565 shares of the company’s stock valued at $22,195,000 after purchasing an additional 650,648 shares in the last quarter.
South Bow News Roundup
Here are the key news stories impacting South Bow this week:
- Positive Sentiment: US Capital Advisors projects South Bow will earn $1.98/share in FY2028, a materially higher longer‑term outlook that suggests stronger earnings power beyond 2026 and may support upside for the stock. MarketBeat SOBO
- Positive Sentiment: The analyst also published Q1 2027 ($0.45) and Q2 2027 ($0.46) EPS forecasts, indicating expected recovery/acceleration into 2027 compared with 2026 pacing. This forward guidance can be seen as a vote of confidence in earnings momentum next year. MarketBeat SOBO
- Neutral Sentiment: US Capital Advisors released a comprehensive set of estimates (quarterly and yearly through FY2028), increasing analyst coverage detail for investors to model multiple scenarios. More granular estimates help markets re‑price risk but are informational until company results confirm trends. MarketBeat SOBO
- Negative Sentiment: The firm cut its FY2026 EPS forecast to $1.62 from $1.69, a downward revision that reduces near‑term earnings expectations and could pressure the stock if other analysts follow suit. MarketBeat SOBO
- Negative Sentiment: Quarterly 2026 estimates were trimmed across the board: Q1 to $0.38 (from $0.41), Q2 to $0.40 (from $0.42), Q3 to $0.41 (from $0.43) and Q4 to $0.43 (from $0.44). These downgrades point to softer near‑term profitability and could weigh on sentiment until results stabilize. MarketBeat SOBO
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.
Further Reading
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