NYSE:SOSouthern Stock Price, Forecast & News

Southern's stock was trading at $58.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SO shares have decreased by 0.4% and is now trading at $57.95. 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) issued its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.07. The utilities provider had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $5.45 billion. Southern had a return on equity of 10.57% and a net margin of 16.83%. The business's quarterly revenue was down 7.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 EPS. View Southern's earnings history.

Southern announced a quarterly dividend on Monday, April 20th. Investors of record on Monday, May 18th will be given a dividend of $0.64 per share on Monday, June 8th. This represents a $2.56 annualized dividend and a yield of 4.42%. The ex-dividend date is Friday, May 15th. This is an increase from Southern's previous quarterly dividend of $0.62. View Southern's dividend history.

15 brokerages have issued 1-year target prices for Southern's shares. Their forecasts range from $52.00 to $73.00. On average, they anticipate Southern's share price to reach $62.11 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View analysts' price targets for Southern.

Press coverage about SO stock has trended very negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southern earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutSouthern.

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), PPL (PPL), Edison International (EIX), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE). 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 BlackRock Inc. (7.26%), State Street Corp (5.46%), Franklin Resources Inc. (2.56%), Massachusetts Financial Services Co. MA (2.55%), Geode Capital Management LLC (1.42%) and Legal & General Group Plc (0.99%). 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 Zimmer Partners LP, BlackRock Inc., JPMorgan Chase & Co., Invesco Ltd., Bank of New York Mellon Corp, First Trust Advisors LP, APG Asset Management N.V., and Wellington Management Group LLP. Company insiders that have sold Southern company stock in the last year include Ann P Daiss, Anthony L Wilson, Christopher C Womack, James Y Kerr II, Mark A Crosswhite, Stan W Connally, Stephen E Kuczynski, Thomas A Fanning, and William P Bowers. View insider buying and selling activity for Southern.

SO stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Prudential PLC, APG Asset Management N.V., Swiss National Bank, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, Advisor Group Holdings Inc., and State Street Corp. 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 $57.95.

Southern has a market capitalization of $61.25 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]