The Southern Company (SO)
Market Cap | 92.48B |
Revenue (ttm) | 26.43B |
Net Income (ttm) | 4.72B |
Shares Out | 1.10B |
EPS (ttm) | 4.29 |
PE Ratio | 19.67 |
Forward PE | 19.74 |
Dividend | $2.88 (3.41%) |
Ex-Dividend Date | Feb 18, 2025 |
Volume | 2,604,338 |
Open | 83.80 |
Previous Close | 82.83 |
Day's Range | 83.50 - 84.49 |
52-Week Range | 65.80 - 94.45 |
Beta | 0.51 |
Analysts | Buy |
Price Target | 90.38 (+7.09%) |
Earnings Date | Feb 20, 2025 |
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 14 analysts, the average rating for SO stock is "Buy." The 12-month stock price forecast is $90.38, which is an increase of 7.09% from the latest price.
News
Alabama Power's Charitable Trust provides Alabamians impacted by winter weather with $250K in emergency bill assistance
BIRMINGHAM, Ala. , Jan. 30, 2025 /PRNewswire/ -- The Alabama Business Charitable Trust—founded, funded and managed by Alabama Power—will provide $250,000 in emergency bill assistance funds to help Ala...
Southern Company Gas and its charitable foundation award $11 million to nonprofits in 2024
The gifts support local efforts to make a positive impact in communities across Georgia, Illinois, Tennessee and Virginia ATLANTA , Jan. 30, 2025 /PRNewswire/ -- Southern Company Gas and its philanthr...
New Preferred Stock IPOs, January 2025
January saw five new preferred stock and exchange traded debt offerings with yields ranging from 6.5% to 9.125%. Notable new offerings include Gladstone Investment Corp.'s notes at 7.875%, American Na...
Southern Company announces quarterly dividend
ATLANTA , Jan. 28, 2025 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable March 6, 2025, to shareholders of rec...
Georgia Power provides resources for customers ahead of Winter Storm Enzo
Company prepared to respond to expected snow and sub-freezing temperatures. ATLANTA , Jan. 21, 2025 /PRNewswire/ -- As Winter Storm Enzo brings sub-freezing temperatures to the state, Georgia Power is...
Southern Company: A Safe Bet With Good Growth Prospects And Reasonable Valuation
Southern Company: A Safe Bet With Good Growth Prospects And Reasonable Valuation
Southern Company fourth-quarter earnings to be released February 20
ATLANTA , Jan. 15, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2024 by 7:30 a.m. EST on Thursday, February 20, 2025.
Southern Company: Solid Commercial Data Center Load Trends, Technical Support (Rating Upgrade)
I am upgrading shares of The Southern Company due to a modest undervaluation and improved technical situation. Despite rising interest rates and natural disaster risks, SO's solid earnings growth and ...
NFWF Announces Record $7.7 Million in Grants Awarded through the Southeast Aquatics Fund Benefiting Freshwater Species
Sixteen projects will benefit freshwater species in targeted watersheds Sixteen projects will benefit freshwater species in targeted watersheds
PowerSecure powers Edged Energy's new sustainable data center in Atlanta
DURHAM, N.C. , Jan. 13, 2025 /PRNewswire/ -- PowerSecure, a subsidiary of Southern Company and a leading provider of innovative energy solutions, today announced its collaboration with Edged Energy to...
Georgia Power restores power to 230,000+ customers following Winter Storm Cora
Crews navigating icy roads, wind and continuing winter weather in restoration efforts; Company expects to restore power to nearly all impacted customers Saturday ATLANTA , Jan. 11, 2025 /PRNewswire/ ...
Georgia Power responding to Winter Storm Cora Friday
Crews prepared, working as winter weather continues with freezing rain and ice today; Company reminds customers to stay safe and informed ATLANTA , Jan. 10, 2025 /PRNewswire/ -- As a significant winte...
Southern Company Gas announces election of two new board members
ATLANTA , Jan. 8, 2025 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Stephen Edwards, chief executive officer and executive director of the Virginia Port Auth...
Georgia Power provides tips for cold temperatures, winter weather this week
Company prepared to respond to expected wintery mix including freezing rain or snow ATLANTA , Jan. 7, 2025 /PRNewswire/ -- As Georgia experiences frigid temperatures and the potential for severe winte...
SymphonyAI Honors Retail Innovators with 2024 Tempo Awards: Save A Lot, The Save Mart Companies, and Southern Co-op UK
PALO ALTO, Calif.--(BUSINESS WIRE)--SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, recognizes Save A Lot, The Save Mart Companies, and Southern Co-op UK as the ...
Nicor Gas celebrates its first renewable natural gas interconnection
The interconnection with Air Liquide's largest RNG plant in the world marks a milestone in the clean energy future NAPERVILLE, Ill. , Jan. 6, 2025 /PRNewswire/ -- Nicor Gas celebrated the opening of i...
The Fox Theatre, City of Refuge to reduce carbon emissions through Georgia Natural Gas® Greener Life® for Business program
ATLANTA , Dec. 20, 2024 /PRNewswire/ -- Two more iconic Atlanta institutions have joined the growing list of businesses taking positive steps on their sustainability journeys by signing up for the inn...
Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63...
$500,000 ACT Grant Awarded to Fund Newport News Public Schools' New Teacher Institute Program
Four leading companies partner in support of education and workforce development mission NEWPORT NEWS, Va. , Dec. 11, 2024 /PRNewswire/ -- Today, the BayPort Foundation, Ferguson, Newport News Shipbui...
Utility stocks still a buy due to mismatch in supply-demand environment, says Barclay's Campanella
Nicholas Campanella, Barclays analyst, joins 'Squawk on the Street' to discuss the timeline to expect nuclear power to come online to support data centers, the small modular reactor technology, and if...
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 ...