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Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Which Semiconductor Stocks Are Ready For Big Price Moves?
Russia Ignites West's Battle for Energy Independence (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
US to hold trade talks with Taiwan, island drills military
Lowe’s Stands Out Amid Q2 Retail Reports 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Wind energy boom and golden eagles collide in the US West
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Which Semiconductor Stocks Are Ready For Big Price Moves?
Russia Ignites West's Battle for Energy Independence (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
US to hold trade talks with Taiwan, island drills military
Lowe’s Stands Out Amid Q2 Retail Reports 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Wind energy boom and golden eagles collide in the US West
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Which Semiconductor Stocks Are Ready For Big Price Moves?
Russia Ignites West's Battle for Energy Independence (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
US to hold trade talks with Taiwan, island drills military
Lowe’s Stands Out Amid Q2 Retail Reports 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Wind energy boom and golden eagles collide in the US West
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Russia Ignites West's Battle for Energy Independence (Ad)
NYSE:SO

Southern - SO Stock Forecast, Price & News

$79.25
+0.18 (+0.23%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$78.84
$79.54
50-Day Range
$65.39
$79.25
52-Week Range
$60.99
$79.54
Volume
3.60 million shs
Average Volume
4.35 million shs
Market Capitalization
$84.24 billion
P/E Ratio
27.91
Dividend Yield
3.44%
Price Target
$75.70

Southern MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
4.5% Downside
$75.70 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.08
Upright™ Environmental Score
News Sentiment
-0.02mentions of Southern in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4 M Sold Last Quarter
Proj. Earnings Growth
4.99%
From $3.61 to $3.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Utilities Sector

28th out of 93 stocks

Electric Services Industry

11th out of 42 stocks

SO stock logo

About Southern (NYSE:SO) Stock

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, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Southern Price Performance

SO opened at $79.25 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 1.55. The stock has a market capitalization of $84.24 billion, a P/E ratio of 27.91, a PEG ratio of 5.43 and a beta of 0.50. The stock has a 50-day moving average price of $72.64 and a 200-day moving average price of $71.80. Southern has a 12-month low of $60.99 and a 12-month high of $79.54.

Southern (NYSE:SO - Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The utilities provider reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.23. The business had revenue of $7.21 billion for the quarter, compared to analysts' expectations of $5.31 billion. Southern had a net margin of 12.13% and a return on equity of 12.09%. The business's quarterly revenue was up 38.6% on a year-over-year basis. During the same period last year, the business earned $0.84 earnings per share. Equities analysts predict that Southern will post 3.61 earnings per share for the current fiscal year.

Southern Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 6th. Shareholders of record on Monday, August 15th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, August 12th. This represents a $2.72 annualized dividend and a yield of 3.43%. Southern's payout ratio is 95.77%.

Analyst Upgrades and Downgrades

Several research analysts have commented on SO shares. Barclays cut their target price on Southern from $82.00 to $79.00 and set an "overweight" rating for the company in a research note on Monday, July 18th. Mizuho boosted their price objective on shares of Southern from $67.00 to $76.00 and gave the company a "neutral" rating in a research note on Thursday, April 21st. Seaport Res Ptn reiterated a "buy" rating on shares of Southern in a research note on Thursday, June 30th. Credit Suisse Group assumed coverage on shares of Southern in a research report on Monday, April 25th. They set an "underperform" rating and a $77.00 price target for the company. Finally, BMO Capital Markets lowered their price objective on Southern from $81.00 to $70.00 and set a "market perform" rating on the stock in a research report on Wednesday, June 22nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $75.70.

Insider Activity

In other Southern news, CEO Stephen E. Kuczynski sold 14,500 shares of Southern stock in a transaction that occurred on Tuesday, July 5th. The stock was sold at an average price of $72.92, for a total value of $1,057,340.00. Following the transaction, the chief executive officer now directly owns 115,284 shares of the company's stock, valued at approximately $8,406,509.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Stephen E. Kuczynski sold 14,500 shares of the company's stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $72.92, for a total transaction of $1,057,340.00. Following the completion of the transaction, the chief executive officer now directly owns 115,284 shares of the company's stock, valued at $8,406,509.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP James Y. Kerr II sold 25,000 shares of the firm's stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $76.00, for a total value of $1,900,000.00. Following the completion of the sale, the executive vice president now directly owns 136,987 shares in the company, valued at $10,411,012. The disclosure for this sale can be found here. Over the last three months, insiders have sold 54,000 shares of company stock valued at $4,002,500. 0.37% of the stock is currently owned by insiders.

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SO Stock News Headlines

Southern (NYSE:SO) Sets New 52-Week High at $78.57
Analysts Set The Southern Company (NYSE:SO) PT at $74.60
Southern (SO) to Release Earnings on Thursday
Southern (NYSE:SO) PT Raised to $80.00
Recap: Southern Q4 Earnings
The Southern Co. to Host Earnings Call
See More Headlines
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SO Company Calendar

Ex-Dividend for 6/6 Dividend
5/13/2022
Dividend Payable
6/06/2022
Last Earnings
7/28/2022
Ex-Dividend for 9/6 Dividend
8/12/2022
Today
8/18/2022
Dividend Payable
9/06/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
84258710
Employees
27,300
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$75.70
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$66.00
Forecasted Upside/Downside
-4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$2.41 billion
Pretax Margin
13.43%

Debt

Sales & Book Value

Annual Sales
$23.11 billion
Cash Flow
$7.18 per share
Book Value
$31.06 per share

Miscellaneous

Outstanding Shares
1,063,000,000
Free Float
1,059,068,000
Market Cap
$84.24 billion
Optionable
Optionable
Beta
0.50

Social Links















SO Stock - Frequently Asked Questions

Should I buy or sell Southern stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SO, but not buy additional shares or sell existing shares.
View SO analyst ratings
or view top-rated stocks.

What is Southern's stock price forecast for 2022?

12 brokers have issued 1-year target prices for Southern's stock. Their SO share price forecasts range from $66.00 to $87.00. On average, they predict the company's stock price to reach $75.70 in the next year. This suggests that the stock has a possible downside of 4.5%.
View analysts price targets for SO
or view top-rated stocks among Wall Street analysts.

How have SO shares performed in 2022?

Southern's stock was trading at $68.58 at the beginning of 2022. Since then, SO shares have increased by 15.6% and is now trading at $79.25.
View the best growth stocks for 2022 here
.

When is Southern's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our SO earnings forecast
.

How were Southern's earnings last quarter?

The Southern Company (NYSE:SO) issued its quarterly earnings data on Thursday, July, 28th. The utilities provider reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.23. The utilities provider earned $7.21 billion during the quarter, compared to analysts' expectations of $5.31 billion. Southern had a trailing twelve-month return on equity of 12.09% and a net margin of 12.13%. The business's revenue was up 38.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.84 earnings per share.
Read the conference call transcript
.

How often does Southern pay dividends? What is the dividend yield for Southern?

Southern declared a quarterly dividend on Monday, July 18th. Shareholders of record on Monday, August 15th will be paid a dividend of $0.68 per share on Tuesday, September 6th. This represents a $2.72 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for SO
.

Is Southern a good dividend stock?

Southern (NYSE:SO) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.44%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 95.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SO will have a dividend payout ratio of 71.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SO.

What guidance has Southern issued on next quarter's earnings?

Southern issued an update on its third quarter 2022 earnings guidance on Friday, August, 5th. The company provided earnings per share (EPS) guidance of $1.32-$1.32 for the period, compared to the consensus estimate of $1.31. The company issued revenue guidance of -.

What is Thomas A. Fanning's approval rating as Southern's CEO?

235 employees have rated Southern Chief Executive Officer Thomas A. Fanning on Glassdoor.com. Thomas A. Fanning has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Southern own?

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), Exxon Mobil (XOM), Coca-Cola (KO), Altria Group (MO) and Chevron (CVX).

What is Southern's stock symbol?

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

Who are Southern's major shareholders?

Southern's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (6.00%), Price T Rowe Associates Inc. MD (5.58%), FMR LLC (3.28%), Massachusetts Financial Services Co. MA (2.66%), Franklin Resources Inc. (1.55%) and Northern Trust Corp (1.12%). Insiders that own company stock include Ann P Daiss, Anthony L Wilson, Bryan D Anderson, Bryan D Anderson, Christopher C Womack, Christopher C Womack, Christopher Cummiskey, Daniel S Tucker, David J Grain, Ernest J Moniz, James Y Kerr II, Kimberly S Greene, Martin Bernard Davis, Stan W Connally, Stephen E Kuczynski, Stephen E Kuczynski and Thomas A Fanning.
View institutional ownership trends
.

How do I buy shares of Southern?

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

What is Southern's stock price today?

One share of SO stock can currently be purchased for approximately $79.25.

How much money does Southern make?

Southern (NYSE:SO) has a market capitalization of $84.24 billion and generates $23.11 billion in revenue each year. The utilities provider earns $2.41 billion in net income (profit) each year or $2.84 on an earnings per share basis.

How many employees does Southern have?

The company employs 27,300 workers across the globe.

Does Southern have any subsidiaries?
The following companies are subsidiares of Southern: AGL Resources, Adobe Solar LLC, Alabama Power, Alabama Power Capital Trust V, Alabama Property Company, Apex Nevada Solar LLC, Atlanta Gas Light Company, BNB Lamesa Solar LLC, BSP Holding Company LLC (4), Bethel Wind Farm Class B Holdings LLC, Bethel Wind Farm Holdings LLC, Bethel Wind Farm LLC, Blackwell Solar Holdings LLC, Blackwell Solar LLC, Boulder Solar Power LLC, Boulder Solar Power Parent LLC, Cactus Flats Holdings LLC (10), Calipatria LLC, Campo Verde Solar LLC, Desert Stateline Holdings LLC (5), Desert Stateline LLC, East Pecos Solar LLC, Evergreen Enterprise Holdings LLC, Georgia Natural Gas Company, Georgia Power Company, Grant County Interconnect LLC (7), Grant Plains Wind LLC, Grant Wind LLC, Granville Solar LLC, Kay Wind LLC, Lost Hills Blackwell Holdings LLC (4), Lost Hills Solar Holdco LLC, Lost Hills Solar LLC, Macho Springs Solar 2 LLC, Macho Springs Solar LLC, Mankato Energy Center II LLC, Mankato Energy Center LLC, Mississippi Power Company, Morelos Solar LLC, NS Solar Holdings LLC (4), Nacogdoches Power LLC, North Star Solar LLC, Northern Illinois Gas Company (12), Ottawa Acquisition LLC, Parrey Holding Company LLC (4), Parrey LLC, Parrey Parent LLC, Passadumkeag Windpark LLC, Piedmont-Forrest Corporation, PowerSecure International Inc, RE Garland A LLC, RE Garland Holdings LLC, RE Garland LLC, RE Gaskell West 1 LLC, RE Roserock Holdings LLC (2), RE Roserock LLC, RE Silverlake Holdings LLC (4), RE Tranquillity BAAH LLC, RE Tranquillity Holdings LLC (4), RE Tranquillity LLC, Reading Wind Energy LLC, Rutherford Farm LLC, SG2 Holdings LLC (4), SG2 Imperial Valley LLC, SP Butler Solar Farm LLC, SP Butler Solar LLC, SP Cactus Flats Class B Holdings LLC, SP Cactus Flats Wind Energy LLC, SP Cimarron Capital LLC, SP Cimarron I LLC, SP Decatur County Solar LLC, SP Decatur Parkway Solar LLC, SP Gaskell West 1 Class B Holdings LLC, SP Gaskell West 1 Holdings LLC (9), SP Pawpaw Solar LLC, SP Sandhills Solar LLC, SP Solar Farms LLC, SP Solar GP Inc., SP Solar Holdings I LP (3), SP TEP Class B Holdings I Inc., SP TEP Formations Inc., SP Wind Development Holdings LLC, SP Wind Holdings II LLC (6), SP Wind Holdings LLC, SPR Development Holdings LLC (11), Salt Fork Wind LLC, Sequent LLC, SouthStar Energy Services LLC, Southern Company Gas, Southern Company Gas Capital Corporation, Southern Company Gas Investments Inc., Southern Company Gas Investments Inc., Southern Company Gas Pipeline Holdings LLC, Southern Electric Generating Company, Southern Power Company, Southern Renewable Energy Inc., Southern Renewable Partnerships LLC, Spectrum Nevada Solar LLC, The Southern Company, Tyler Bluff Wind Project LLC, WWH LLC (8), Wake Wind Class B Holdings LLC, Wake Wind Energy LLC, Wake Wind Holdings LLC, and Wildhorse Wind Energy LLC.
Read More
When was Southern founded?

Southern was founded in 1945.

How can I contact Southern?

Southern's mailing address is 30 Ivan Allen Jr. Boulevard N.W., Atlanta GA, 30308. The official website for the company is www.southerncompany.com. The utilities provider can be reached via phone at (404) 506-5000, via email at apabramo@southernco.com, or via fax at 404-506-0344.

This page (NYSE:SO) was last updated on 8/18/2022 by MarketBeat.com Staff

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