The Southern Company (SO)

NYSE: SO · IEX Real-Time Price · USD
71.74
+0.69 (0.97%)
At close: Mar 28, 2024, 4:00 PM
71.91
+0.17 (0.24%)
After-hours: Mar 28, 2024, 7:56 PM EDT
0.97%
Market Cap 78.27B
Revenue (ttm) 25.25B
Net Income (ttm) 3.98B
Shares Out 1.09B
EPS (ttm) 3.62
PE Ratio 19.82
Forward PE 17.29
Dividend $2.80 (3.90%)
Ex-Dividend Date Feb 16, 2024
Volume 4,714,953
Open 71.02
Previous Close 71.05
Day's Range 70.80 - 71.91
52-Week Range 61.56 - 75.80
Beta 0.49
Analysts Buy
Price Target 73.58 (+2.57%)
Earnings Date Apr 25, 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]

Sector Utilities
CEO Christopher C. Womack
Employees 28,100
Stock Exchange NYSE
Ticker Symbol SO
Full Company Profile

Financial Performance

In 2023, SO'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 Statements

Analyst Forecast

According to 12 analysts, the average rating for SO stock is "Buy." The 12-month stock price forecast is $73.58, which is an increase of 2.57% from the latest price.

Price Target
$73.58
(2.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Georgia Power strengthens reliability for customers, marks high performance in 2023

Continued investments in "smarter grid" result in fewer power outages  and quicker restoration times   ATLANTA , March 7, 2024 /PRNewswire/ -- Georgia Power continues to build the future of energy by ...

21 days ago - PRNewsWire

Vogtle Unit 4 connects to electric grid for the first time

Milestone in startup testing marks first generation of electricity from Unit 4 ATLANTA , March 1, 2024 /PRNewswire/ -- Georgia Power announced today that Unit 4 at the Vogtle nuclear expansion project...

27 days ago - PRNewsWire

Southern Company reports fourth-quarter and full-year 2023 earnings

ATLANTA , Feb. 15, 2024 /PRNewswire/ -- Southern Company today reported fourth-quarter earnings of $855 million, or 78 cents per share, in 2023 compared with a loss of $87 million, or 8 cents per shar...

6 weeks ago - PRNewsWire

City of Aurora, Nicor Gas Unveil New Exhibit on Smart Cities at City Hall

Exhibit spotlights new Smart Neighborhoods™ collaboration between Nicor Gas, Fox Valley Habitat for Humanity and the City of Aurora AURORA, Ill. , Feb. 14, 2024 /PRNewswire/ -- The City of Aurora and ...

6 weeks ago - PRNewsWire

Vogtle Unit 4 reaches initial criticality

First nuclear reaction safely initiated marks latest step prior to generation of electricity  ATLANTA , Feb. 14, 2024 /PRNewswire/ -- Georgia Power announced today that Unit 4 at the Vogtle nuclear ex...

6 weeks ago - PRNewsWire

Southern Company Issues Annual Moving to Equity Report for 2023

ATLANTA , Feb. 6, 2024 /PRNewswire/ -- Southern Company today publishes its latest Moving to Equity report, showing notable achievements and impactful initiatives regarding the company's strategy to f...

7 weeks ago - PRNewsWire

These 3 Utilities Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DUKNEE
7 weeks ago - Benzinga

Southern Company Ranks First Among Utilities in Fortune Magazine's World's Most Admired Companies for 2024

ATLANTA , Feb. 5, 2024 /PRNewswire/ -- Southern Company ranks as the No. 1 most-admired electric and gas utility worldwide according to Fortune magazine's World's Most Admired Companies list for 2024.

7 weeks ago - PRNewsWire

Southern Company Gas subsidiaries in Virginia & Tennessee complete first renewable natural gas purchase

Resulting emissions reductions are estimated to be equivalent to the carbon sequestered by over 12,000 acres of U.S. forest for one year ATLANTA , Feb. 1, 2024 /PRNewswire/ -- Two Southern Company Gas...

2 months ago - PRNewsWire

Eco Material Technologies and Alabama Power to Repurpose Coal Ash at Plant Barry

Companies to invest in harvesting plant to beneficially reuse millions of tons of coal ash to be used in Green Cement across the Southeast region SOUTH JORDAN, Utah and MOBILE, Ala. , Jan. 25, 2024 /P...

2 months ago - PRNewsWire

Southern Company announces quarterly dividend

ATLANTA , Jan. 18, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 70 cents per share on the company's common stock, payable March 6, 2024 to shareholders of reco...

2 months ago - PRNewsWire

Southern Company fourth-quarter earnings to be released February 15

ATLANTA , Jan. 10, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2023 by 7:30 a.m. EST on Thursday, February 15, 2024.

2 months ago - PRNewsWire

Chris Womack Awarded Honorary Doctorate from Georgia Tech

ATLANTA , Dec. 20, 2023 /PRNewswire/ -- Southern Company President and CEO Chris Womack was awarded an honorary doctorate in philosophy from the Georgia Institute of Technology on Saturday, Dec. 16, 2...

3 months ago - PRNewsWire

The Virginia Natural Gas Foundation Donates $60,000 to Address Food Insecurity in South Hampton Roads

VIRGINIA BEACH, Va. , Dec. 20, 2023 /PRNewswire/ -- The Virginia Natural Gas Foundation has awarded a $60,000 grant to support the Children's Health Investment Program (CHIP) of South Hampton Roads' i...

3 months ago - PRNewsWire

Bentina C. Terry named president and CEO of Southern Company telecom subsidiaries

Arnab Ghosal named Southern Telecom chief operating officer ATLANTA , Dec. 18, 2023 /PRNewswire/ -- Southern Linc announced today that Bentina C. Terry has been named president and CEO of Southern Com...

3 months ago - PRNewsWire

Southern Company Executive Chairman Tom Fanning to retire Dec. 31

Chris Womack elected chairman of the board of directors ATLANTA , Dec. 12, 2023 /PRNewswire/ -- Southern Company today announced the retirement of Thomas A. Fanning as the executive chairman of its bo...

3 months ago - PRNewsWire

Alabama Power ranked #1 among large utilities in the South in 2023 J.D. Power Electric Utility Business Customer Satisfaction Study

BIRMINGHAM, Ala. , Dec. 7, 2023 /PRNewswire/ -- Alabama Power has been named #1 for large electric utility business customer satisfaction in the south region, according to the J.D.

4 months ago - PRNewsWire

James Smith named president of PowerSecure

ATLANTA , Nov. 30, 2023 /PRNewswire/ -- PowerSecure, a Southern Company subsidiary and national leader in microgrid solutions, today announced that James (Jim) Smith, currently the company's chief ope...

4 months ago - PRNewsWire

Georgia Power names Trey Kilpatrick as Senior Vice President of External Affairs

Kilpatrick brings extensive experience in federal, state and local government affairs, community engagement and robust economic development across the State of Georgia ATLANTA , Nov. 28, 2023 /PRNewsw...

4 months ago - PRNewsWire

T. Dallas Smith named to Georgia Power Board of Directors

ATLANTA , Nov. 15, 2023 /PRNewswire/ -- Georgia Power announced today that it has elected T. Dallas Smith to the company's board of directors, effective January 1, 2024.

4 months ago - PRNewsWire

Georgia Power highlights new tech scams on National Utility Scam Awareness Day

ATLANTA , Nov. 15, 2023 /PRNewswire/ -- National Utility Scam Awareness Day is today (November 15) and Georgia Power is highlighting new, sophisticated tech scams that are targeting Georgia Power cust...

4 months ago - PRNewsWire

Alabama Power introduces new home repair service

BIRMINGHAM, Ala. , Nov. 14, 2023 /PRNewswire/ -- Alabama Power understands that an unexpected home repair can be a big disruption and a financial hardship.

4 months ago - PRNewsWire

U.S. Army Garrison Eisenhower and Georgia Power Partner on EV Infrastructure Modernization

New EV chargers to promote a more sustainable transportation system ATLANTA , Nov. 9, 2023 /PRNewswire/ -- U.S. Army Garrison Eisenhower and Georgia Power, a Southern Company subsidiary, have partnere...

5 months ago - PRNewsWire

Sonim Announces Availability of PTT-Centric Phone XP5plus at Southern Linc

Sonim ultra-rugged phones with Push-to-Talk (PTT) are trusted by Southern Linc government and business customers requiring equipment that performs in demanding environments from a US-based supplier. S...

Other symbols: SONM
5 months ago - Newsfile Corp

The Georgia Natural Gas Foundation Presents $125,000 Gift to Sheltering Arms to Support Early Childhood Education

ATLANTA , Nov. 8, 2023 /PRNewswire/ -- Children in Georgia will have a more equitable start thanks to a $125,000 gift to Sheltering Arms from the Georgia Natural Gas Foundation to help provide high-qu...

5 months ago - PRNewsWire