The Southern Company (SO)
| Market Cap | 78.81B |
| Revenue (ttm) | 26.26B |
| Net Income (ttm) | 3.04B |
| Shares Out | 1.09B |
| EPS (ttm) | 2.74 |
| PE Ratio | 26.15 |
| Forward PE | 17.20 |
| Dividend | $2.80 (3.91%) |
| Ex-Dividend Date | Nov 17, 2023 |
| Volume | 3,575,722 |
| Open | 72.47 |
| Previous Close | 72.26 |
| Day's Range | 71.56 - 72.55 |
| 52-Week Range | 61.56 - 75.80 |
| Beta | 0.55 |
| Analysts | Buy |
| Price Target | 73.00 (+1.88%) |
| Earnings Date | Nov 2, 2023 |
About SO
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. 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 distributio... [Read more]
Financial Performance
In 2022, SO's revenue was $29.28 billion, an increase of 26.68% compared to the previous year's $23.11 billion. Earnings were $3.52 billion, an increase of 47.26%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SO stock is "Buy." The 12-month stock price forecast is $73.0, which is an increase of 1.88% from the latest price.
News
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.
Utilities may be the best play for a turbulent holiday quarter
The S&P 500 NYSEARCA: SPY is expected to post earnings growth for Q4 2023, but that is about the best that can be said. The consensus is for growth, but the bottom has fallen out of the outlook and ca...
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...
Dependable dividends: Why utility stocks are on fire
Exactly what you'd think: utilities stocks, which are tried-and-true dividend payers, are trending higher. The Utilities Select Sector SPDR Fund NYSEARCA: XLU is up 4.72% in the past week.
Southern Company reports third-quarter 2023 earnings
ATLANTA, Nov. 2, 2023 /PRNewswire/ -- Southern Company today reported third-quarter earnings of $1.4 billion, or $1.30 per share, in 2023 compared with earnings of $1.5 billion, or $1.36 per share, in...
Alabama Power Elects New Senior Vice President of External Affairs
Clay Ryan succeeds Zeke Smith, who retired from the company after 40 years in October. BIRMINGHAM, Ala.
Georgia Power's 2023 Integrated Resource Plan Update supports Georgia's extraordinary economic growth
Company seeks approval to invest in and deploy new generation resources, continue transforming its fleet and electric grid ATLANTA , Oct. 27, 2023 /PRNewswire/ -- Georgia Power today filed an update t...
Ready for the Utilities Rebound? Here Are the Best Picks
The business cycle is dislocating sectors left and right. Just a couple of years ago, it seemed that no matter which one you looked at, they all beat the S&P 500 benchmark.
Southern Company Issues Annual Sustainability Summary
2022 summary highlights company's sustainability pillars focused on serving customers ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Southern Company today issued its 2022 Sustainability Summary report. "Sou...
Biden-Harris Administration Announces Agreement to Supply Federal Facilities in Three Southern States with 100% Carbon Pollution-Free Electricity
Memorandum of understanding between GSA and the Southern Company sparked by President Biden's executive order reestablishing federal government as a sustainability leader WASHINGTON , Oct. 24, 2023 /P...
Southern Company Gas announces election of two new board members
ATLANTA , Oct. 23, 2023 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Bradley J. Henderson, CEO of P33 Chicago and Eric S.
Fort Moore EV charging project provides another example of EVSE solution
Partnership with Southern Company will provide necessary charging stations for expanded electric vehicle fleet ATLANTA , Oct. 18, 2023 /PRNewswire/ -- Fort Moore and Georgia Power, a Southern Compan...
NBA Star Stephen Curry to Receive the 'Charlie Sifford Award presented by Southern Company' for Advancing Diversity in Golf
Curry to Receive Award as Part of World Golf Hall of Fame Induction Ceremony on June 10, 2024 PONTE VEDRA BEACH, Fla. , Oct. 17, 2023 /PRNewswire/ -- The World Golf Hall of Fame announced today that N...
Shantella E. Cooper to Join Southern Company Board of Directors
ATLANTA , Oct. 16, 2023 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of Shantella (Shan) E. Cooper as an independent director, effective Oct. 16, 2023.
Southern Company announces quarterly dividend
ATLANTA , Oct. 16, 2023 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 70 cents per share on the company's common stock, payable December 6, 2023 to shareholders of r...
UK's Southern Co-op and Scotmid Select AI-Based Intelligent Retail Assortment, Shelf, and Floor Planning Solutions From SymphonyAI
PALO ALTO, Calif.--(BUSINESS WIRE)--SymphonyAI announced that Southern Co-op and Scottish Midland Co-operative selected SymphonyAI Retail CPG assortment and space planning solutions.
Novelis partners with Southern Company in pursuit of decarbonization goals
ATLANTA , Oct. 9, 2023 /PRNewswire/ -- Novelis Inc., a leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, and Southern Company, have announced plans to...
Southern Company third-quarter earnings to be released November 2
ATLANTA , Oct. 4, 2023 /PRNewswire/ -- Southern Company plans to release its earnings for the third-quarter of 2023 by 7:30 a.m. ET on Thursday, November 2, 2023.