NYSE:SOSouthern Stock Price, Forecast & News

Southern's stock was trading at $58.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SO stock has decreased by 8.8% and is now trading at $53.06. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern in the last year. There are currently 3 sell ratings, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Southern.

Southern is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Southern.

Southern Co (NYSE:SO) announced its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.07. The utilities provider earned $5.02 billion during the quarter, compared to the consensus estimate of $5.45 billion. Southern had a net margin of 16.83% and a return on equity of 10.57%. The business's revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter last year, the company earned $0.70 earnings per share. View Southern's earnings history.

Southern announced a quarterly dividend on Monday, April 20th. Investors of record on Monday, May 18th will be paid a dividend of $0.64 per share on Monday, June 8th. This represents a $2.56 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Friday, May 15th. This is an increase from Southern's previous quarterly dividend of $0.62. View Southern's dividend history.

15 analysts have issued twelve-month price targets for Southern's shares. Their forecasts range from $52.00 to $73.00. On average, they anticipate Southern's share price to reach $62.18 in the next year. This suggests a possible upside of 17.2% from the stock's current price. View analysts' price targets for Southern.

News coverage about SO stock has been trending negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Southern earned a news impact score of -2.1 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Southern.

Some companies that are related to Southern include NextEra Energy (NEE), Duke Energy (DUK), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Pfizer (PFE), Duke Energy (DUK), Johnson & Johnson (JNJ), Altria Group (MO), Coca-Cola (KO), Exxon Mobil (XOM) and General Electric (GE).

Southern trades on the New York Stock Exchange (NYSE) under the ticker symbol "SO."

Southern's stock is owned by many different institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.20%), Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.04%), DNB Asset Management AS (0.01%), First PREMIER Bank (0.01%) and Thomasville National Bank (0.01%). Company insiders that own Southern stock include Ann P Daiss, Anthony F Earley Jr, Anthony L Wilson, Christopher C Womack, Ernest J Moniz, Henry A Clark III, James Y Kerr II, Kimberly S Greene, Mark A Crosswhite, Mark Lantrip, Stan W Connally, Stephen E Kuczynski, Thomas A Fanning and William P Bowers. View institutional ownership trends for Southern.

SO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Confluence Investment Management LLC, Municipal Employees Retirement System of Michigan, Park National Corp OH, Red Door Wealth Management LLC, First PREMIER Bank, M&R Capital Management Inc., and Town & Country Bank & Trust CO dba First Bankers Trust CO. Company insiders that have sold Southern company stock in the last year include Anthony L Wilson, Christopher C Womack, James Y Kerr II, Stan W Connally, Stephen E Kuczynski, and Thomas A Fanning. View insider buying and selling activity for Southern.

SO stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., HNP Capital LLC, DNB Asset Management AS, Fulton Bank N. A., Cullinan Associates Inc., Private Asset Management Inc., Symphony Financial Ltd. Co., and Murphy Middleton Hinkle & Parker Inc.. Company insiders that have bought Southern stock in the last two years include Anthony F Earley Jr, Ernest J Moniz, and Henry A Clark III. View insider buying and selling activity for Southern.

Shares of SO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SO stock can currently be purchased for approximately $53.06.

Southern has a market capitalization of $56.08 billion and generates $21.42 billion in revenue each year. The utilities provider earns $4.75 billion in net income (profit) each year or $3.11 on an earnings per share basis. Southern employs 27,943 workers across the globe.

The official website for Southern is www.southerncompany.com.

Southern's mailing address is 30 Ivan Allen Jr. Boulevard N.W., Atlanta GA, 30308. The utilities provider can be reached via phone at 404-506-5000 or via email at [email protected]