The Southern Company (SO)
| Market Cap | 97.28B |
| Revenue (ttm) | 26.13B |
| Net Income (ttm) | 4.61B |
| Shares Out | 1.09B |
| EPS (ttm) | 4.19 |
| PE Ratio | 21.21 |
| Forward PE | 20.97 |
| Dividend | $2.88 (3.24%) |
| Ex-Dividend Date | Aug 19, 2024 |
| Volume | 3,852,834 |
| Open | 90.06 |
| Previous Close | 90.31 |
| Day's Range | 88.67 - 90.23 |
| 52-Week Range | 64.53 - 91.87 |
| Beta | 0.51 |
| Analysts | Buy |
| Price Target | 86.00 (-3.24%) |
| 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 $86.0, which is a decrease of -3.24% from the latest price.
News
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...
Georgia Power restores power to 80% of customers impacted by Hurricane Helene across the state
Georgia Power has restored power to 1 million+ customers over the last four days; Restoration efforts progressing in hardest hit areas including Valdosta, Savannah and Augusta ATLANTA, Oct. 1, 2024 /P...
Georgia Power response force converging on hardest hit areas following most destructive hurricane in company's history
Georgia Power has restored power to 840,000+ customers Hurricane Helene; 15,000+ personnel remain engaged in restoration ATLANTA , Sept. 30, 2024 /PRNewswire/ -- Georgia Power continues its deployment...
Georgia Power releases key estimated damage statistics from Hurricane Helene as restoration progress continues
Helene marks most destructive hurricane in company's history; restoration efforts fully underway with ~690,000 customers restored ATLANTA , Sept. 29, 2024 /PRNewswire/ -- Georgia Power's restoration e...
Georgia Power restores power to 520,000+ customers following Hurricane Helene
Company posts estimated restoration times for additional communities across the state following the most destructive hurricane in its history ATLANTA , Sept. 28, 2024 /PRNewswire/ -- As of Saturday ev...
Georgia Power restores power to 440,000+ customers following Hurricane Helene
~540,000 customers remain impacted Saturday morning as crews navigate treacherous conditions to repair damage; potential additional outages possible due to saturated ground and weakened trees ATLANTA...
The Southern Company: Time To Lock In Gains
The Southern Company is a regulated utility benefiting from stable returns. However, it is not as dynamic as merchant power producers. Georgia's economic expansion and increasing power demand drive So...
Hurricane Helene restoration progresses with 250,000+ customers restored; Georgia Power posts estimated restoration times for multiple communities
14,000+ personnel engaged in response; additional ERTs to be posted as available ATLANTA , Sept. 27, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continued through the day Friday ...
Southern Co shuts Georgia nuclear reactor in wake of hurricane
Southern Company took one nuclear reactor offline and reduced output from another at its Hatch plant in Georgia after Hurricane Helene damaged the region's electrical grid, the company told Reuters on...
10,000+ advance personnel deployed by Georgia Power to restore power Friday morning following Hurricane Helene
Damage assessment teams in the field for most efficient response; crews navigating flooded roadways, fallen trees and high wind gusts ATLANTA , Sept. 27, 2024 /PRNewswire/ -- As Hurricane Helene clea...
10,000+ personnel on the ground to support restoration efforts following Hurricane Helene
Company making final preparations Thursday; encourages customers to prepare for extensive damage and potential for extended power outages ATLANTA , Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene a...
Southern Company Gas Announces Executive Leadership Changes as Part of Company's Long-Term, Strategic Succession Planning
Shannon O. Pierce and Steven M. Murphy appointed to senior vice president roles for Southern Company Gas; Pierce also appointed president of Virginia Natural Gas ATLANTA , Sept.
Georgia Power Foundation Invests In Waters for Georgia With Grants
Latest round of program provides $1 million in funding to help Georgia organizations advance investments in clean and vibrant waterways ATLANTA , Sept. 19, 2024 /PRNewswire/ -- The Georgia Power Found...
Nicor Gas expands Reuse Marketplace to Chicagoland Businesses
Expanded reuse and recycling market opportunities follow successful Rheaply pilot NAPERVILLE, Ill. , Sept. 12, 2024 /PRNewswire/ -- Nicor Gas is partnering with Rheaply to expand its regional Reuse Ma...
Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
New nuclear plant designs, called small modular reactors, could speed deployment of carbon-free power in the future as electricity demand rises. These small reactors would have simpler designs, making...
Georgia Public Service Commission approves motion to deliver $122 million in savings to Georgia Power customers beginning in January
Near-term rate relief possible due to lower state corporate tax rate ATLANTA , Sept. 5, 2024 /PRNewswire/ -- The Georgia Public Service Commission (PSC) voted unanimously this week to approve a motion...
3 Fortune 500 Industry Leaders Boast Ideal August 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-leaders (IL) using Y...
Georgia Power determines locations for 500 MW of new battery energy storage systems approved in 2023 IRP Update
New resources will help company meet the energy needs of a growing Georgia ATLANTA , Aug. 29, 2024 /PRNewswire/ -- Georgia Power has identified locations for 500 MW of new battery energy storage syste...
PowerSecure announces 100% Renewable Fuel Initiative for Durham campus microgrid
DURHAM, N.C. , Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid wi...
Southern Company (NYSE: SO) Chairman, President and CEO Chris Womack Interviewed by Advisor Access
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Southern Company : 23 Consecutive Years of Dividend Increases