The Southern Company (SO)
Market Cap | 98.33B |
Revenue (ttm) | 26.43B |
Net Income (ttm) | 4.72B |
Shares Out | 1.10B |
EPS (ttm) | 4.29 |
PE Ratio | 20.91 |
Forward PE | 20.86 |
Dividend | $2.88 (3.21%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 3,504,579 |
Open | 89.68 |
Previous Close | 89.33 |
Day's Range | 89.34 - 90.24 |
52-Week Range | 65.80 - 94.45 |
Beta | 0.51 |
Analysts | Buy |
Price Target | 87.13 (-2.91%) |
Earnings Date | Oct 31, 2024 |
About SO
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it owns and operates nuclear, coal, hydro, cogenera... [Read more]
Financial Performance
In 2023, The Southern Company's revenue was $25.25 billion, a decrease of -13.75% compared to the previous year's $29.28 billion. Earnings were $3.98 billion, an increase of 12.83%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for SO stock is "Buy." The 12-month stock price forecast is $87.13, which is a decrease of -2.91% from the latest price.
News
Virgil Miller named to Georgia Power Board of Directors
ATLANTA , Nov. 22, 2024 /PRNewswire/ -- Georgia Power announced today that it has elected Virgil R. Miller to the company's board of directors, effective January 1, 2025.
Southern Power announces further expansion of Millers Branch Solar Facility in Texas
ATLANTA , Nov. 21, 2024 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced an additional expansion of its 29th solar project —...
Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy
AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...
Georgia Power's first battery energy storage system reaches commercial operation
65 MW Mossy Branch Battery Facility adds resiliency to Georgia's electric grid; Company leadership and elected officials tour site in Talbot County on Thursday ATLANTA , Nov. 8, 2024 /PRNewswire/ -- G...
Alan McIntyre named Vice President of Southern Company's Southern Linc wireless subsidiary
McIntyre to lead Engineering and Operations team ATLANTA , Nov. 4, 2024 /PRNewswire/ -- Southern Linc, a subsidiary of Southern Company (NYSE: SO), has announced that Alan McIntyre has been named the ...
Southern Company: One Of The Best Utilities At A Lofty Price
The Southern Company has shown remarkable resilience, with a 64% return over three years, driven by demand for energy and successful management of Hurricane Helene's impact. Despite challenges from in...
The Southern Company (SO) Q3 2024 Earnings Call Transcript
The Southern Company (NYSE:SO) Q3 2024 Earnings Conference Call October 31, 2024 1:00 PM ET Company Participants Greg MacLeod - Director-Investor Relations Chris Womack - Chairman, President & Chief ...
Southern Company reports third-quarter 2024 earnings
ATLANTA , Oct. 31, 2024 /PRNewswire/ -- Southern Company today reported third-quarter earnings of $1.5 billion, or $1.40 per share, in 2024 compared with earnings of $1.4 billion, or $1.30 per share, ...
Southern Company Gas Names Myra Bierria Senior Vice President and Chief Administrative Officer
ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Southern Company Gas today announced that Myra Bierria has been named senior vice president and chief administrative officer, effective Oct. 26. A member of the...
Southern Company chief information officer Martin Davis to retire April 1, 2025
ATLANTA , Oct. 23, 2024 /PRNewswire/ -- Southern Company today announced the retirement of Martin B. Davis as executive vice president and chief information officer, effective April 1, 2025.
Dividend Aristocrats Of The Future - Part 1
A list of 10 companies well on their way to reaching dividend aristocrat status. These companies offer investors a variety of starting yields and span multiple sectors. The majority of these companies...
Georgia Power awarded $160 million from Department of Energy to enhance Georgia's power grid
Funding focused on innovative approaches to expanding transmission capacity and adding resiliency as company works to meet the energy needs of a growing Georgia ATLANTA , Oct. 21, 2024 /PRNewswire/ --...
3 Fortune 500 Industry Leaders Boast Ideal October Dividends
The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...
The Nicor Gas Energy Efficiency Program receives prestigious industry honor
Community Connection Center (C3) wins 2024 E Source Achievement in Residential Customer Experience Award NAPERVILLE, Ill. , Oct. 17, 2024 /PRNewswire/ -- The Nicor Gas Energy Efficiency Program's Comm...
Georgia Power offers Installment Payment Plans for customers following Hurricane Helene
Enrollment in latest customer assistance initiative open through November 30 ATLANTA , Oct. 17, 2024 /PRNewswire/ -- Georgia Power announced today its latest initiative to support customers as Georgia...
Southern Company announces quarterly dividend
ATLANTA , Oct. 15, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable December 6, 2024, to shareholders of ...
Georgia Power monitoring, prepared to respond to effects of Hurricane Milton in Georgia
Company is coordinating with state and local emergency partners in wake of Helene recovery Georgia Power campgrounds at Lakes Oconee and Harding available for evacuees ATLANTA , Oct. 8, 2024 /PRNewswi...
Surging utility stocks primed for more gains as energy costs fall and interest rates ease - Ed Butowsky
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Stock Of The Day: Is Southern Company About To Head North?
Some analysts think the market can't be timed. They think that it follows a “random walk.
Georgia Power extends, expands customer assistance programs following Hurricane Helene
Company continues suspension of disconnections, waives late fees and pauses collection activities for customers through December 15 ATLANTA , Oct. 7, 2024 /PRNewswire/ -- As the devastation from Hurri...
Trade Tracker: Brian Belski buys Southern Co. and sells Ally Financial, Ameriprise
Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio moves.
Power restored to 95%+ of Georgia Power customers impacted by Hurricane Helene
Crews managing final intensive restorative efforts in hardest hit areas and will remain in the field until all customers who can accept power are reconnected ATLANTA , Oct. 5, 2024 /PRNewswire/ -- Geo...
Georgia Power, Southern Company and Southern Company Gas charitable foundations donate $3 million for Hurricane Helene Relief
ATLANTA , Oct. 4, 2024 /PRNewswire/ -- The Georgia Power, Southern Company and Southern Company Gas charitable foundations will collectively donate $3 million to aid Hurricane Helene relief efforts. T...
Southern Company third-quarter earnings to be released October 31
ATLANTA , Oct. 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the third quarter of 2024 by 7:30 a.m. ET on Thursday, October 31, 2024.
Power restored to 90%+ of Georgia Power customers impacted by Hurricane Helene
1.2 million+ customers reconnected following most destructive storm in company's history; Intense restoration in hardest-hit areas underway with personnel working around the clock ATLANTA , Oct. 3, 20...