US Capital Advisors Forecasts Reduced Earnings for South Bow

South Bow Corporation (NYSE:SOBO) – Analysts at US Capital Advisors cut their FY2025 EPS estimates for South Bow in a note issued to investors on Monday, July 28th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $1.57 for the year, down from their previous forecast of $1.64. 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 FY2027 earnings at $1.90 EPS.

Other research analysts also recently issued research reports about the company. Royal Bank Of Canada restated an “outperform” rating and issued a $38.00 target price on shares of South Bow in a research note on Monday, May 19th. CIBC lifted their price target on South Bow from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, South Bow currently has a consensus rating of “Hold” and a consensus price target of $28.80.

South Bow Price Performance

NYSE SOBO opened at $25.93 on Wednesday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.29 and a quick ratio of 1.20. The firm has a market capitalization of $5.40 billion and a price-to-earnings ratio of 14.01. The company has a 50 day simple moving average of $26.32 and a 200-day simple moving average of $25.42. South Bow has a 52-week low of $21.12 and a 52-week high of $27.60.

South Bow (NYSE:SOBO) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.05. The firm had revenue of $498.00 million for the quarter, compared to analysts’ expectations of $527.00 million. The company’s revenue for the quarter was down 8.5% on a year-over-year basis.

Institutional Trading of South Bow

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its position in shares of South Bow by 61.5% in the 2nd quarter. Allianz Asset Management GmbH now owns 26,410 shares of the company’s stock valued at $684,000 after buying an additional 10,058 shares in the last quarter. Mutual Advisors LLC increased its holdings in shares of South Bow by 3.3% in the second quarter. Mutual Advisors LLC now owns 28,409 shares of the company’s stock worth $737,000 after acquiring an additional 904 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of South Bow by 4.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,565 shares of the company’s stock valued at $378,000 after purchasing an additional 616 shares in the last quarter. Heathbridge Capital Management Ltd. acquired a new stake in South Bow during the 2nd quarter worth approximately $5,379,000. Finally, 111 Capital acquired a new stake in South Bow during the 2nd quarter worth approximately $534,000.

South Bow Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend was Monday, June 30th. South Bow’s dividend payout ratio is 108.11%.

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.