The Southern Company (SO)
| Market Cap | 84.24B |
| Revenue (ttm) | 25.86B |
| Net Income (ttm) | 3.03B |
| Shares Out | 1.06B |
| EPS (ttm) | 2.83 |
| PE Ratio | 28.00 |
| Forward PE | 21.93 |
| Dividend | $2.68 (3.38%) |
| Ex-Dividend Date | Aug 12, 2022 |
| Volume | 3,538,609 |
| Open | 78.93 |
| Previous Close | 79.07 |
| Day's Range | 78.84 - 79.54 |
| 52-Week Range | 60.99 - 79.54 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 76.56 (-3.4%) |
| Earnings Date | Jul 28, 2022 |
About SO
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. 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... [Read more...]
Financial Performance
In 2021, SO's revenue was $23.11 billion, an increase of 13.44% compared to the previous year's $20.38 billion. Earnings were $2.41 billion, a decrease of -23.17%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for SO stock is "Buy." The 12-month stock price forecast is 76.56, which is a decrease of -3.39% from the latest price.
News
Top Dividend Stocks: Southern Breaks Out Amid High Electricity Demand
The Utility-Electric Power group has been red-hot so far in 2022, ranking 21st out of 197 industry groups that IBD tracks. The post Top Dividend Stocks: Southern Breaks Out Amid High Electricity Demand ...
Southern Company recommends stockholders reject "mini-tender" offer from TRC Capital Investment Corporation
ATLANTA , Aug. 16, 2022 /PRNewswire/ -- Southern Company today announced that it has been notified of an unsolicited "mini-tender" offer dated August 12, 2022, made by TRC Capital Investment Corporation...
Here's Why Southern Co. (SO) is a Great Momentum Stock to Buy
Does Southern Co. (SO) have what it takes to be a top stock pick for momentum investors? Let's find out.
5 High-Flying U.S. Corporate Giants to Buy Despite Volatility
We have narrowed our search to five U.S. corporate giants. These are; XOM, CVX, AEP, MRK and SO.
All You Need to Know About Southern Co. (SO) Rating Upgrade to Buy
Southern Co. (SO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Southern Co. (SO) is a Top-Ranked Momentum Stock: Should You Buy?
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Historic Nuclear Regulatory Commission 103(g) finding marks a critical step leading up to Vogtle Unit 3 fuel load
Georgia Power, Southern Nuclear look to next steps, startup process for the new unit ATLANTA , Aug. 3, 2022 /PRNewswire/ -- Georgia Power announced today a historic milestone in the completion of Vogtle...
Atlanta Gas Light announces roof placement for second LNG storage facility tank in Ball Ground, Ga.
Construction progress continues with major milestone ATLANTA , Aug. 3, 2022 /PRNewswire/ -- Atlanta Gas Light today announced the placement of its second LNG storage facility rooftop August 2 at its l...
Southern Company Gas and National Excavator Initiative get dirty with Mike Rowe to spread the word to contact 811 bef...
ATLANTA , Aug. 3, 2022 /PRNewswire/ -- Southern Company Gas is getting in the trenches alongside the National Excavator Initiative (NEI) and bringing along one of America's most trusted personalities, e...
Southern CEO Fanning to exit, hunt on for successor - Bloomberg News
U.S. utility Southern Co Chief Executive Tom Fanning is expected to step down by the end of this year and the company has launched a search for his successor, Bloomberg News reported on Friday, citing p...
All ITAACs have been submitted for Vogtle Unit 3
Georgia Power awaits Nuclear Regulatory Commission 103(g) finding required to load fuel ATLANTA , July 29, 2022 /PRNewswire/ -- Today, Georgia Power announced completion of another important step in the...
Southern (SO) Q2 Earnings Beat on Rates, Usage & Warm Weather
The Southern Company (SO) is guiding for earnings per share of $3.50-$3.60 this year and $1.32 for the September quarter.
Southern Co. (SO) Tops Q2 Earnings and Revenue Estimates
Southern Co. (SO) delivered earnings and revenue surprises of 27.38% and 28.11%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Southern Company reports second-quarter 2022 earnings
ATLANTA , July 28, 2022 /PRNewswire/ -- Southern Company today reported second-quarter earnings of $1.1 billion, or $1.04 per share, in 2022 compared with $372 million, or 35 cents per share, in 2021. F...
Will Southern (SO) Continue Its Earnings Beat Streak in Q2?
While new customer additions are likely to have boosted Southern Company's (SO) profit levels in the second quarter, escalation in costs might have played spoilsport.
Georgia Power's transformational plan for state's energy future approved, helps ensure company will continue to meet ...
2022 Integrated Resource Plan focused on transformation of generation fleet and electric grid; transition from coal generation to cleaner, more economical renewable and solar energy resources; investmen...
Southern Company scores 100 percent on Disability Equality Index for the sixth consecutive year
Company once again named among Best Places to Work for Disability Inclusion ATLANTA, July 20, 2022 /PRNewswire/ -- The 2022 Disability Equality Index (DEI) has rated Southern Company as one of the "Be...
Southern Company announces quarterly dividend
ATLANTA , July 18, 2022 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 68 cents per share on the company's common stock, payable Sept. 6, 2022, to shareholders of recor...
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Here's What Makes This Utility Stock So Safe
Utilities are often viewed as stable and boring investments, which is something you might like to add to your portfolio.
Alabama Power Dividend Declared
BIRMINGHAM, Ala. , July 13, 2022 /PRNewswire/ --The board of directors of Alabama Power Company has declared a regular quarterly dividend on the company's outstanding preferred stock as follows: Class A...
Nearing Retirement? The 3 Best Energy Passive-Income Stocks to Buy Now
If you're starting to build a portfolio of dividend-paying stocks for retirement, don't forget to look at these three energy names.
Southern Company second-quarter earnings to be released July 28
ATLANTA , July 7, 2022 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2022 by 7:30 a.m. EDT on Thursday, July 28, 2022.
Georgia Power to launch single largest beneficial use project for coal ash in U.S.
New project with Eco Material Technologies calls for coal ash to be removed at Plant Bowen and beneficially used for construction materials such as concrete ATLANTA , June 29, 2022 /PRNewswire/ -- Geor...
Southern (SO) Plans to Hike Rates, Invest in Infrastructure
For Southern Company's (SO) residential customers using 1,000 kilowatt-hours per month, the increase, if approved, would average $14.32 addition to their monthly bill in 2023.