Southern Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Southern stock. 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.
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10 analysts have issued twelve-month price objectives for Southern's shares. Their SO stock forecasts range from $66.00 to $80.00. On average, they expect Southern's share price to reach $72.88 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
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Southern's stock was trading at $68.58 on January 1st, 2022. Since then, SO shares have increased by 2.7% and is now trading at $70.41.
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Southern is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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The Southern Company (NYSE:SO) posted its earnings results on Thursday, April, 28th. The utilities provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.06. The utilities provider earned $6.60 billion during the quarter, compared to analyst estimates of $5.93 billion. Southern had a trailing twelve-month return on equity of 11.35% and a net margin of 10.09%. The firm's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS.
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Southern declared a quarterly dividend on Tuesday, April 19th. Shareholders of record on Monday, May 16th will be paid a dividend of $0.68 per share on Monday, June 6th. This represents a $2.72 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Friday, May 13th. This is a boost from Southern's previous quarterly dividend of $0.66.
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Southern(NYSE:SO) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.87%. Southern 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 of Southern is 125.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Southern will have a dividend payout ratio of 71.96% next year. This indicates that Southern will be able to sustain or increase its dividend.
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Southern issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $3.50-$3.60 for the period, compared to the consensus estimate of $3.55. The company issued revenue guidance of -.

235 employees have rated Southern CEO Thomas A. Fanning on Glassdoor.com. Thomas A. Fanning has an approval rating of 85% among Southern's employees.

Some companies that are related to Southern include NextEra Energy (NEE), Duke Energy (DUK), Eversource Energy (ES), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
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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), Exxon Mobil (XOM), Coca-Cola (KO), Altria Group (MO) and Chevron (CVX).

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

Southern's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.63%), BlackRock Inc. (6.54%), State Street Corp (5.90%), Massachusetts Financial Services Co. MA (2.76%), Capital Research Global Investors (1.07%) and Northern Trust Corp (1.05%). Company insiders that own Southern 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.
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SO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., ClearBridge Investments Ltd, Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Federated Hermes Inc., Capital Research Global Investors, Bank of Nova Scotia, and Canada Pension Plan Investment Board. Company insiders that have sold Southern company stock in the last two years include Ann P Daiss, Bryan D Anderson, Christopher C Womack, Christopher Cummiskey, Daniel S Tucker, David J Grain, James Y Kerr II, Kimberly S Greene, Martin Bernard Davis, and Stephen E Kuczynski.
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SO stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, JPMorgan Chase & Co., Ensign Peak Advisors Inc, Verity Asset Management Inc., Vanguard Group Inc., Swiss National Bank, Victory Capital Management Inc., and Royal London Asset Management Ltd..
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Shares of SO 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.
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One share of SO stock can currently be purchased for approximately $70.41.

Southern (NYSE:SO) has a market capitalization of $74.81 billion and generates $23.11 billion in revenue each year. The utilities provider earns $2.41 billion in net income (profit) each year or $2.159990 on an earnings per share basis.

Southern employs 27,300 workers across the globe.

Southern was founded in 1945.

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