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Southern Co

Southern Co (SO)

90.31
-0.39
(-0.43%)
Closed October 04 4:00PM
90.36
0.05
(0.06%)
After Hours: 4:27PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
90.36
Bid
-
Ask
-
Volume
3,432,325
89.35 Day's Range 90.479
62.255 52 Week Range 91.865
Market Cap
Previous Close
90.70
Open
89.90
Last Trade
15
@
91.69
Last Trade Time
Financial Volume
$ 309,024,350
VWAP
90.0335
Average Volume (3m)
4,404,438
Shares Outstanding
1,094,565,737
Dividend Yield
3.19%
PE Ratio
6.89
Earnings Per Share (EPS)
3.63
Revenue
25.32B
Net Profit
3.98B

About Southern Co

Southern Co. is one of the largest utilities in the U.S. The company distributes electricity and natural gas to approximately 9 million customers in nine states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidia... Southern Co. is one of the largest utilities in the U.S. The company distributes electricity and natural gas to approximately 9 million customers in nine states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power Co. owns 12 gigawatts of mostly non-rate-regulated renewable energy capacity and sells the electricity primarily under long-term power sales agreements. The solar and wind farms are located in Southern's regulated jurisdictions but also in Texas, California, and other states. Show more

Sector
Electric Services
Industry
Electric Services
Headquarters
Atlanta, Georgia, USA
Founded
-
Southern Co is listed in the Electric Services sector of the New York Stock Exchange with ticker SO. The last closing price for Southern was $90.70. Over the last year, Southern shares have traded in a share price range of $ 62.255 to $ 91.865.

Southern currently has 1,094,565,737 shares outstanding. The market capitalization of Southern is $99.28 billion. Southern has a price to earnings ratio (PE ratio) of 6.89.

Southern (SO) Options Flow Summary

Overall Flow

Bullish

Net Premium

107k

Calls / Puts

100,00%

Buys / Sells

200,00%

OTM / ITM

0,00%

Sweeps Ratio

0,00%

SO Latest News

Georgia Power, Southern Company and Southern Company Gas charitable foundations donate $3 million for Hurricane Helene Relief

Georgia Power, Southern Company and Southern Company Gas charitable foundations donate $3 million for Hurricane Helene Relief PR Newswire ATLANTA, Oct. 4, 2024 ATLANTA, Oct. 4, 2024 /PRNewswire/...

Southern Company third-quarter earnings to be released October 31

Southern Company third-quarter earnings to be released October 31 PR Newswire ATLANTA, Oct. 4, 2024 ATLANTA, Oct. 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the...

Power restored to 90%+ of Georgia Power customers impacted by Hurricane Helene

Power restored to 90%+ of Georgia Power customers impacted by Hurricane Helene PR Newswire ATLANTA, Oct. 3, 2024 1.2 million+ customers reconnected following most destructive storm in company's...

Georgia Power restores power to 80% of customers impacted by Hurricane Helene across the state

Georgia Power restores power to 80% of customers impacted by Hurricane Helene across the state PR Newswire ATLANTA, Oct. 1, 2024 Georgia Power has restored power to 1 million+ customers over the...

Georgia Power response force converging on hardest hit areas following most destructive hurricane in company's history

Georgia Power response force converging on hardest hit areas following most destructive hurricane in company's history PR Newswire ATLANTA, Sept. 30, 2024 Georgia Power has restored power to...

Georgia Power releases key estimated damage statistics from Hurricane Helene as restoration progress continues

Georgia Power releases key estimated damage statistics from Hurricane Helene as restoration progress continues PR Newswire ATLANTA, Sept. 29, 2024 Β Helene marks most destructive hurricane in...

Georgia Power restores power to 520,000+ customers following Hurricane Helene

Georgia Power restores power to 520,000+ customers following Hurricane Helene PR Newswire ATLANTA, Sept. 28, 2024 Company posts estimated restoration times for additional communities across the...

Georgia Power restores power to 440,000+ customers following Hurricane Helene

Georgia Power restores power to 440,000+ customers following Hurricane Helene PR Newswire ATLANTA, Sept. 28, 2024 ~540,000 customers remain impacted Saturday morning as crews navigate treacherous...

Hurricane Helene restoration progresses with 250,000+ customers restored; Georgia Power posts estimated restoration times for multiple communities

Hurricane Helene restoration progresses with 250,000+ customers restored; Georgia Power posts estimated restoration times for multiple communities PR Newswire ATLANTA, Sept. 27, 2024 14,000...

10,000+ advance personnel deployed by Georgia Power to restore power Friday morning following Hurricane Helene

10,000+ advance personnel deployed by Georgia Power to restore power Friday morning following Hurricane Helene PR Newswire ATLANTA, Sept. 27, 2024 Damage assessment teams in the field for most...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.171.3118062563189.1991.86588.91527765990.65394323CS
40.820.91579182488389.5491.86588468532189.69953494CS
1210.3612.958091.86579.3440443887.00356662CS
2619.3927.321403409970.9791.86567.53444411581.03574782CS
5226.2440.923268870964.1291.86562.255446664574.97626826CS
15628.846.78362573161.5691.86558.85452786271.166933CS
26028.9247.070312561.4491.86541.96448996066.70540487CS

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SO Discussion

View Posts
Southern Gal Southern Gal 2 months ago
Another up day, when the market crashed
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Southern Gal Southern Gal 2 months ago
Fantastic day. Especially for a utility stock on a TERRIBLE day for the Dow.

Great decision to buy SO @ $50 during covid.
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velcro velcro 4 months ago
Southern Company doing great thanks in part to the new nuclear Units Vogtle 3+4.
Energy Secretary Jennifer Granholm said we need 98 more nuclear units around the United States. Better late than never.
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leftovers leftovers 5 months ago
Southern CO (NYSE:SO) declares $0.72/share quarterly dividend, 2.9% increase from prior dividend of $0.70.
Forward yield 3.97%
Payable June 6; for shareholders of record May 20; ex-div May 17.
See SO Dividend Scorecard, Yield Chart, & Dividend Growth.
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fink fink 6 months ago
I'll pass mine down to my kids one day.
I'm a customer, investor, and contractor.
I got the trifecta going on
👍️ 1
Ecomike Ecomike 6 months ago
Nice rally here today. Massive buying, $ volume. I-Hub data, if accurate shows a crazy low PE ratio now.
I see the 4th Nuclear Power plant is running finally. I bought my shares at the bottom in 2009. Still collecting dividends.

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PWD PWD 8 months ago
That's a good way to buy cheap or just get to keep the premium
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PWD PWD 8 months ago
Nuclear capital cost over $17 a watt, which was just the overrun!
Recurring cost unknown. Solar capital cost under $1 a watt
Recurring cost: about zero
For a fair comparison, Solar only produces power 5 hours a day on average, so it is really a $17+ :$5 comparison
More solar panels from e.g. FSLR are only 30c a watt.
What they should do is to have east and west facing panels for 30c more to increase the hours per day of mean sun.
They should never build another nuke. Put the money into solar farms and battery demand-smoothing instead. They can offer a battery subsidy to homeowners and have homeowners contribute to the cost because they get the benefit if back-up.
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velcro velcro 1 year ago
Nuclear power would have long ago set us free from OPEC and Joe Biden-types.
JEFF AMY Updated Mon, July 31, 2023 at 5:34 PM EDT
ATLANTA (AP) β€” The first American nuclear reactor to be built from scratch in decades is sending electricity reliably to the grid, but the cost of the Georgia power plant could discourage utilities from pursuing nuclear power as a path to a carbon-free future.

Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has completed testing and is now in commercial operation, seven years late and $17 billion over budget.
At its full output of 1,100 megawatts of electricity, Unit 3 can power 500,000 homes and businesses. A number of other utilities in Georgia, Florida and Alabama are receiving the electricity, in addition to the 2.7 million customers of Southern Co. subsidiary Georgia Power.
"This hadn’t been done in this country from start to finish in some 30-plus years," Chris Womack, CEO of Atlanta-based Southern Co. said Monday in a telephone interview. β€œSo to do this, to get this done, to get this done right, is a wonderful accomplishment for our company, for the state and for the customers here in Georgia.”
A fourth reactor is also nearing completion at the site, where two earlier reactors have been generating electricity for decades. The Nuclear Regulatory Commission on Friday said radioactive fuel could be loaded into Unit 4, a step expected to take place before the end of September. Unit 4 is scheduled to enter commercial operation by March.
The third and fourth reactors were originally supposed to cost $14 billion, but are now on track to cost their owners $31 billion. That doesn’t include $3.7 billion that original contractor Westinghouse paid to the owners to walk away from the project. That brings total spending to almost $35 billion.
The third reactor was supposed to start generating power in 2016 when construction began in 2009.
Vogtle is important because government officials and some utilities are again looking to nuclear power to alleviate climate change by generating electricity without burning natural gas, coal and oil. But most focus in the U.S. currently is on smaller nuclear reactors, which advocates hope can be built without the cost and schedule overruns that have plagued Vogtle. For its part, Womack said Southern Co. isn't looking to add any more reactors to its fleet.
β€œIn terms of us making additional investments, at this time is not something that we’re going to do, but I do think others in this country should move in that direction,” Womack said.
In Georgia, almost every electric customer will pay for Vogtle. Georgia Power currently owns 45.7% of the reactors. Smaller shares are owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives, the Municipal Electric Authority of Georgia and the city of Dalton. Oglethorpe and MEAG plan to sell power to cooperatives and municipal utilities across Georgia, as well in Jacksonville, Florida, and parts of Alabama and the Florida Panhandle.

Georgia Power’s residential customers are projected to pay more than $926 apiece as part of an ongoing finance charge and elected public service commissioners have approved a rate increase. Residential customers will pay $4 more per month as soon as the third unit begins generating power. That could hit bills in August, two months after residential customers saw a $16-a-month increase to pay for higher fuel costs.
The high construction costs have wiped out any future benefit from low nuclear fuel costs in the future, experts have repeatedly testified before commissioners.
β€œThe cost increases and schedule delays have completely eliminated any benefit on a life-cycle cost basis,” Tom Newsome, director of utility finance for the commission, testified Thursday in a Georgia Public Service Commission hearing examining spending.
The utility will face a fight from longtime opponents of the plant, many of whom note that power generated from solar and wind would be cheaper. They say letting Georgia Power make ratepayers pay for mistakes will unfairly bolster the utility’s profits.
β€œWhile capital-intensive and expensive projects may benefit Georgia Power’s shareholders who have enjoyed record profits throughout Vogtle’s beleaguered construction, they are not the least-cost option for Georgians who are feeling the sting of repeated bill increases,” Southern Environmental Law Center staff attorney Bob Sherrier said in a statement.
Commissioners will decide later who pays for the remainder of the costs of Vogtle, including the fourth reactor. Customers will pay for the share of spending that commissioners determine was prudent, while the company and its shareholders will have to pay for spending commissioners decide was wasteful.
Georgia Power CEO Kim Greene said the company hasn't decided how much it will ask customers to pay.
β€œThat will be determined as we move closer and closer to our prudence filing, but we have not made a final determination," Greene said.
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fink fink 1 year ago
RIP Jan Fridrichsen.
He got me into SO in 1990’s
Even though he was a Yellow Jacket.

https://m.facebook.com/xxx55
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velcro velcro 1 year ago
And Vogtle Unit #4 will be online soon as well.
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fink fink 1 year ago
They hit 100% output Monday.
First plant in 30 years!
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velcro velcro 1 year ago
Southern Company (Georgia Power) will imminently get Vogtle nuclear Unit #3 online.
And many northerners moving south improving SO's revenue.
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leftovers leftovers 2 years ago
I've been selling puts every week now for a couple of months. SO is one of my favorites!
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Ecomike Ecomike 2 years ago
Buying opps on the dips on SO I am. This is likely to be $100+ stock in 12-24 months as the Vogler plants go online. Lots of news to love on $SO :

https://finance.yahoo.com/quote/SO

The FED interest rates and market are bringing us bargains, and SO is already a screaming buy... So swan dive dips like right now, are short term and long term buys IMO.
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Ecomike Ecomike 2 years ago
Loving the $SO leftovers I am

Southern CO (NYSE:SO) declares $0.68/share quarterly dividend, in line with previous.

Forward yield 3.8%

Payable Sept. 6; for shareholders of record Aug. 15; ex-div Aug. 12.
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leftovers leftovers 2 years ago
Southern CO (NYSE:SO) declares $0.68/share quarterly dividend, in line with previous.

Forward yield 3.8%

Payable Sept. 6; for shareholders of record Aug. 15; ex-div Aug. 12.
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leftovers leftovers 3 years ago
Southern CO (NYSE:SO) declares $0.66/share quarterly dividend, in line with previous.

Forward yield 4.22%

Payable Dec. 6; for shareholders of record Nov. 15; ex-div Nov. 12.
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Southern Gal Southern Gal 4 years ago
My 9/4 $53 calls looking pretty nice
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velcro velcro 5 years ago
NextEra could make a counter offer to buy Santee Cooper, however not likely.
Santee Cooper won't complete VC Summer 2+3 and may sell to Southern Co.
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Southern Gal Southern Gal 5 years ago
And now?
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velcro velcro 5 years ago
Here's my prediction. NextEra (NEE) will buy Santee Cooper from South Carolina because the SC government wants out of the electric utility business and specifically the nuclear power business (VC Summer 2+3). SO will complete Vogtle 3+4 in the next couple years. NEE will spin off VC Summer 2+3 or at least make a mutual deal with SO because Vogtle 3+4 and VC Summer 2+3 are identical nuclear units. Of the two companies, NEE and SO, the better gain will be with SO.
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Ecomike Ecomike 5 years ago
LOL, SO surprise, surprise surprise.

Short squeeze time folks. Going up!!!
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High Stakes Gamble High Stakes Gamble 5 years ago
$SO Insiders are selling left and right, I will do one better and GO -SHORT... big time!!! BearishhhhhH
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High Stakes Gamble High Stakes Gamble 5 years ago
SHORT this $SO ... CEO IS SELLING!!
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High Stakes Gamble High Stakes Gamble 5 years ago
I’m VERY BEARISH ??????????
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High Stakes Gamble High Stakes Gamble 5 years ago
$SO ??????Southern currently has a consensus price target of $53.89, suggesting a potential downside of 9.82%. Dominion Energy has a consensus price target of $79.27, suggesting a potential upside of 3.49%. Watching for PULLBACK $SO Bearish??
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High Stakes Gamble High Stakes Gamble 5 years ago
$SO Southern Co $SO CEO Sells $116,560.00 in Stock ... If you boys want to keep buying while the CEO and insiders are selling, more power to you! NOT ME! This is one of my favorite indicators thestockobserver.com/?p=2285721 #markets Bearish
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velcro velcro 6 years ago
Prediction: as Vogtle 3+4 are nearing completion in 2021 + 2022, there will be a conditional memorandum of understanding to buy the cancelled VC Summer 2+3 from the state of South Carolina.
It looks like Dominion Energy will make a deal with SC to manage the state owned electric utility, Santee Cooper.
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totffe totffe 6 years ago
Why did the President/ CEO sell almost $700K of stock last week?
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Derek ops Derek ops 6 years ago
added 43.75, will take 5% divi all day
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Don'tDrinkTheKoolAid Don'tDrinkTheKoolAid 6 years ago
I think this at or near the bottom.
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Tower of Hanoi Tower of Hanoi 6 years ago
Im hoping to have gotten in at a bottom for SO - BOL

DO YOUR OWN DD
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Don'tDrinkTheKoolAid Don'tDrinkTheKoolAid 6 years ago
Below 42 I am out.
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Tower of Hanoi Tower of Hanoi 6 years ago
I went in for 500 today-

Only reservation -was it dumb to buy this at the beginning of hurricane season?

SO excellent hold-type stock.

MY OWN OPINION DO YOUR OWN DD!
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conix conix 6 years ago


It the $42 level holds, we could see a bounce, stockboy.


JMO.


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Don'tDrinkTheKoolAid Don'tDrinkTheKoolAid 6 years ago
Yeah it is, but the stock just keeps dropping. Imagine running into you here. LOL GLTU I own it. In the red chart says 42 ish is the bottom. The vogtle plant is giving them a headache. Nuclear DELAY DELAY DELAY kinda like the FDA. LOL Safety first though.
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conix conix 6 years ago
Dividend is pretty attractive.

https://seekingalpha.com/article/4175260-southern-company-offering-almost-8-year-high-dividend-yield?ifp=0
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totffe totffe 7 years ago
Well, CEO recently bought over 123,000 shares north of 44, so that tells me a lot. Besides the Dividend there is good potential for a higher share price.
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WithEyesOpen WithEyesOpen 7 years ago
With the new dividend projection, isn’t the dividend equivalent to more like a 7.4% annual dividend???
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Derek ops Derek ops 7 years ago
Same here, take this divi all day long.
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JTrader JTrader 7 years ago
Nope. I'm buying here. Easy decision.
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totffe totffe 7 years ago
I understand that we are in a rising interest rate environment, but the plunge in share price here seems to be a little bit severe in anticipation of that. SO is now above 5% dividend. CD's have a long way to go to catch that, and it will be awhile for bonds to safely pay that level. Is anything else going on to account for this sell off?
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velcro velcro 7 years ago
So you're saying one or both of the Presidents did something wrong? Don't listen too much or take too serious the news media.
Meanwhile, is SC Governor McMaster serious that DUK, SO, and D are in negotiations to buy Santee Cooper?
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eFinanceMarkets eFinanceMarkets 7 years ago
$SO CEOs face "false choice" on engaging with Trump, Southern Co. CEO says

The notion that corporate CEOs cannot engage with Pres. Trump on crafting economic policies even while disagreeing with him is "a false choice," Southern Co. (SO -0.1%) CEO Tom Fanning tells CNBC.

"You can certainly look at the events in Charlottesville and say that was awful... At the same time, [CEOs] can remain engaged in the big issues of the day and make sure business plays an appropriate role - action not rhetoric - to make America better, to drive the economy forward," Fanning argues.

"I don't engage on the big, broad meetings" with the White House, Fanning says. "I engage in a smaller scale, private setting" on the issues important to the company.

Meanwhile, 3M (MMM +0.4%) CEO Inge Thulin is the latest to resign from Trump's manufacturing council following the president's reaction to the conflict in Charlottesville, Va.
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eFinanceMarkets eFinanceMarkets 7 years ago
$SO Southern rises after Q2 beat; says Vogtle nuclear project tab rises to $25B

Southern Co. (SO +2.3%) after posting better than expected adjusted Q2 earnings and revenues; on an unadjusted basis, SO recorded a $1.38B loss, almost entirely due to a $2.8B pre-tax charge the company took related to the ultimately unsuccessful attempt to build the Kemper clean coal power plant in Mississippi.

Additionally, SO discloses it will cost at least $25.2B to complete the Vogtle nuclear power plant in Georgia, raising new questions about whether the sole remaining nuclear facility under construction in the U.S. will get built.

The report of the escalating expenses, which have nearly doubled over the past nine years, comes two days after SCANA Corp. abandoned a similar project in South Carolina that also followed years of delays and rising costs.
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eFinanceMarkets eFinanceMarkets 7 years ago
$SO Southern Co. can overcome two problem projects, analysts say
Southern Co. (NYSE:SO) can withstand two big projects with problems - the behind schedule and overbudget Vogtle nuclear plant in Georgia, and the failed effort to run the Kemper County project in Mississippi on "clean coal" - Moody's associate managing director Mike Haggarty says.

Noting that SO has several other utilities in various parts of the U.S., Haggarty says the company is "a big diverse organization, so they have been able to withstand the adverse developments at two of their utilities, but clearly it's a concern to investors.”

It's not SO's fault that low natural gas prices have made the projects, which were meant to be innovative, less competitive, says ClearView Energy Partners director of research Christine Tezak.

β€œIf natural gas prices had gone to $8 and stayed there, these projects would look so much more economically sensible... at $3 to $4 gas, the landscape is different," Tezak says.
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eFinanceMarkets eFinanceMarkets 7 years ago
Southern Co., Finland's Wärtsilä to develop two large U.S. gas power plants

Finland-based power generation technology provider Wärtsilä signs an MoU with Southern Co. (SO -0.4%) to develop two flexible gas power plant projects in the U.S., which SO says could be as large as 450 MW each; financial information is not disclosed.

SO will be responsible for the project development, while Wärtsilä will offer technical and commercial support.

Wärtsilä's global installed power plant base totals 63 GW in 176 countries.
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eFinanceMarkets eFinanceMarkets 7 years ago
Southern's Kemper County energy facility not yet fully operational?

Southern Co.'s (SO +0.3%) Mississippi Power says its Kemper County energy facility is still not yet fully operational, as it continues to assess the project's schedule and cost.

The plant is three years behind the originally scheduled May 2014 completion, and what was estimated to be a $2.9B project when construction began in 2010 has ballooned to $7.3B, with costs rising by millions of dollars every month.

Mississippi Power says it will file a rate case on Monday with the state's Public Service Commission, laying out its argument for raising customer rates to recover those costs.
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eFinanceMarkets eFinanceMarkets 7 years ago
Southern seeking $3.7B from Toshiba to complete Georgia nuclear plant

Southern (SO +0.4%) CEO Thomas Fanning says the company will need $3.7B and cooperation from Toshiba (OTCPK:TOSBF) to complete the Vogtle nuclear power plant in Georgia that was being built by the bankrupt Westinghouse unit, and even then he is not certain it can finish the half-built reactors.

β€œWe are working with Toshiba to receive complete assurance as to the $3.7B guarantee that they owe us, whether we finish the project or not,” Fanning tells WSJ.

Fanning says he expects to conclude negotiations with Toshiba in the next couple of weeks; SO has agreed only to continue paying for construction through May 12, but the deadline could be extended.

But Fanning makes clear that even if Toshiba agrees to pay the $3.7B, SO still has not decided whether it would finish building the plant; he says a recommendation will depend on ongoing negotiations with Toshiba and an assessment of how much time and money it will take to finish the project.
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