Southern Stock Forecast, Price & 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 shares have decreased by 9.7% and is now trading at $52.53.
View which stocks have been most impacted by COVID-19.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern in the last year. There are currently 3 sell ratings, 7 hold ratings and 5 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, November 4th 2020.
View our earnings forecast for Southern.

Southern Co (NYSE:SO) posted its earnings results on Thursday, July, 30th. The utilities provider reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.11. The utilities provider had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.93 billion. Southern had a return on equity of 10.47% and a net margin of 15.83%. The business's quarterly revenue was down 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 earnings per share.
View Southern's earnings history.

Southern announced a quarterly dividend on Monday, July 20th. Shareholders of record on Monday, August 17th will be paid a dividend of $0.64 per share on Tuesday, September 8th. This represents a $2.56 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Friday, August 14th.
View Southern's dividend history.

15 brokers have issued 12 month price objectives for Southern's shares. Their forecasts range from $48.00 to $73.00. On average, they expect Southern's share price to reach $62.04 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Southern.

Southern saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 11,110,000 shares, an increase of 16.8% from the August 15th total of 9,510,000 shares. Based on an average trading volume of 4,220,000 shares, the days-to-cover ratio is currently 2.6 days.
View Southern's Short Interest.

Some companies that are related to Southern include NextEra Energy (NEE), Duke Energy (DUK), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), PPL (PPL), Entergy (ETR), Edison International (EIX), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Southern investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), Duke Energy (DUK), Pfizer (PFE), Coca-Cola (KO), Exxon Mobil (XOM), Altria Group (MO) and Procter & Gamble (PG).

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

Southern's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.69%), BlackRock Inc. (7.08%), FMR LLC (1.36%), Bank of New York Mellon Corp (0.98%), California Public Employees Retirement System (0.82%) and Bank of America Corp DE (0.70%). Company insiders that own Southern stock include Ann P Daiss, Anthony F Earley Jr, Anthony L Wilson, Christopher C Womack, David J Grain, 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 BlackRock Inc., Goldman Sachs Group Inc., Vanguard Group Inc., Prudential Financial Inc., AQR Capital Management LLC, Toronto Dominion Bank, First Trust Advisors LP, and Assenagon Asset Management S.A.. Company insiders that have sold Southern company stock in the last year include Anthony L Wilson, Christopher C Womack, David J Grain, 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 acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, FMR LLC, Federated Hermes Inc., Two Sigma Advisers LP, Bank of America Corp DE, California Public Employees Retirement System, Canada Pension Plan Investment Board, and Prudential PLC. 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 $52.53.

Southern has a market capitalization of $55.48 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]