Southern - SO Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern in the last twelve months. There are currently 5 sell ratings, 3 hold ratings and 6 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.
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14 brokerages have issued twelve-month price objectives for Southern's shares. Their SO share price forecasts range from $59.00 to $87.00. On average, they predict the company's share price to reach $71.85 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
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Southern's stock was trading at $71.41 at the start of the year. Since then, SO stock has decreased by 5.8% and is now trading at $67.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our SO earnings forecast.

Southern will be holding an earnings conference call on Thursday, February 16th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

The Southern Company (NYSE:SO) posted its quarterly earnings results on Thursday, November, 4th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.01. The utilities provider had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.15 billion. Southern had a trailing twelve-month return on equity of 12.21% and a net margin of 12.52%. The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the business earned $1.22 earnings per share.
Read the conference call transcript.

Southern announced a quarterly dividend on Friday, January 20th. Shareholders of record on Tuesday, February 21st will be given a dividend of $0.68 per share on Monday, March 6th. This represents a $2.72 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Friday, February 17th.
Read our dividend analysis for SO.

Southern (NYSE:SO) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.95%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 86.08%. 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 74.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SO.

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.

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 a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.30%), Bank of Montreal Can (0.20%), New York State Common Retirement Fund (0.18%), Confluence Investment Management LLC (0.17%), New York State Teachers Retirement System (0.11%) and Stonegate Investment Group LLC (0.07%). Insiders that own company stock include Ann P Daiss, 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, Stephen E Kuczynski and Stephen E Kuczynski.
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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.
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One share of SO stock can currently be purchased for approximately $67.27.

Southern (NYSE:SO) has a market capitalization of $73.23 billion and generates $23.11 billion in revenue each year. The utilities provider earns $2.41 billion in net income (profit) each year or $3.16 on an earnings per share basis.

The company employs 27,300 workers across the globe.

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.