NYSE:SOSouthern Stock Price, Forecast & News

Southern's stock was trading at $58.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SO stock has decreased by 9.6% and is now trading at $52.62. 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) released its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.07. The utilities provider earned $5.02 billion during the quarter, compared to analysts' expectations of $5.45 billion. Southern had a return on equity of 10.57% and a net margin of 16.83%. Southern's revenue was down 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.70 EPS. View Southern's earnings history.

Southern declared a quarterly dividend on Monday, April 20th. Stockholders 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 4.87%. The ex-dividend date of this dividend is Friday, May 15th. This is a boost from Southern's previous quarterly dividend of $0.62. View Southern's dividend history.

15 brokers have issued 1-year price objectives for Southern's stock. Their forecasts range from $52.00 to $73.00. On average, they expect Southern's share price to reach $62.18 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for Southern.

News coverage about SO stock has trended negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Southern earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Southern.

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), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). 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 retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.20%), State of Alaska Department of Revenue (0.04%), Thomasville National Bank (0.01%), Private Asset Management Inc. (0.01%), Fulton Bank N. A. (0.00%) and Park National Corp OH (0.00%). 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 State of Alaska Department of Revenue, Confluence Investment Management LLC, Park National Corp OH, M&R Capital Management Inc., Bath Savings Trust Co, and Farmers Trust Co.. Company insiders that have sold Southern company stock in the last year include Anthony L Wilson, Christopher C Womack, 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 purchased by a variety of institutional investors in the last quarter, including HNP Capital LLC, Fulton Bank N. A., Private Asset Management Inc., and Thomasville National Bank. 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 $52.62.

Southern has a market capitalization of $55.62 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]