The Southern Company (SO)
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]
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 StatementsAnalyst 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.
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 ...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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.
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...
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.
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...
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...
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...