- Regulated Electric
- Utilities
-
3.88
EPS
-
22.83
P/E
-
96.9B
MARKET CAP
-
3.18%
DIV YIELD
Company Overview
30 IVAN ALLEN JR. BLVD., N.W.,ATLANTA GA 30308,4045065000
CEO
Mr. Christopher C. Womack
Employess
27819
Sector
Utilities
Industry
Regulated Electric
Website
https://www.southerncompany.com
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Next Earnings Date
Nov. 7, 2024
Ex Dividends date
Sep. 06, 2024
Dividend Date
Aug. 19, 2024
YTD Performance
25.02%
Fiscal Year End
12-31
IPO Date
1981-12-31
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 3.98% | 1.45% | 7.42% | -13.75% |
EPS | 7.00% | 10.60% | 8.88% | 10.98% |
Equity | 4.56% | 4.68% | 3.62% | 3.41% |
Cash | 1.27% | -11.73% | -11.11% | -60.98% |
Return On Capital (ROIC) | 4.87% | 5.04% | 4.76% | 5.44% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 4,970 | 7,090 | 3,850 | 4,360 | 5,270 |
Long Term Debt | 58,500 | 52,000 | 51,600 | 46,700 | 43,400 |
LT Finance Leases | 1,490 | 1,580 | 1,750 | 1,850 | 1,840 |
Shares Outstanding | 1,090 | 1,080 | 1,060 | 1,100 | 1,050 |
Market Cap | 76,600 | 76,800 | 72,800 | 67,500 | 66,600 |
Price
News
EVRG or SO: Which Is the Better Value Stock Right Now?
2 monthsInvestors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Southern Co. (SO). But which of these two stocks offers value investors a better bang for their buck right now?
zacks.comThe Southern Company (SO) Q2 2024 Earnings Call Transcript
2 monthsThe Southern Company (NYSE:SO ) Q2 2024 Results Conference Call August 1, 2024 1:00 PM ET Company Participants Scott Gammill - Vice President, Investor Relations and Treasurer Chris Womack - President & Chief Executive Officer Dan Tucker - Chief Financial Officer Conference Call Participants Carly Davenport - Goldman Sachs Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Nick Campanella - Barclays Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Travis Miller - Morningstar Inc. Operator Good afternoon. My name is Sherry, and I will be your conference operator today.
seekingalpha.comNorfolk Southern to make strategic investments in Alabama
2 monthsSignificant capacity improvements will enhance critical rail corridor, open additional opportunities for statewide business and economic growth ATLANTA , Aug. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in several sectors as the Southeast progresses as an economic powerhouse for the US economy.
prnewswire.comSouthern Co. (SO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 monthsAlthough the revenue and EPS for Southern Co. (SO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.comSouthern Co. (SO) Beats Q2 Earnings and Revenue Estimates
2 monthsSouthern Co. (SO) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.79 per share a year ago.
zacks.comSouthern States Bancshares Completes Acquisition of CBB Bancorp
2 monthsANNISTON, Ala., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, announced today the completion of its previously announced acquisition of CBB Bancorp (“CBB Bancorp”), the holding company for Century Bank of Georgia (“Century Bank”). Effective July 31, 2024, CBB Bancorp has been merged with and into Southern States, with Southern States surviving, and Century Bank has been merged with and into Southern States Bank, with Southern States Bank surviving.
globenewswire.comSouthern Company reports second-quarter 2024 earnings
2 monthsATLANTA , Aug. 1, 2024 /PRNewswire/ -- Southern Company today reported second-quarter earnings of $1.2 billion, or $1.10 per share, in 2024 compared with earnings of $838 million, or 77 cents per share, in the second quarter of 2023. For the six months ended June 30, 2024, Southern Company reported earnings of $2.3 billion, or $2.13 per share, compared with $1.7 billion, or $1.56 per share, for the same period in 2023.
prnewswire.comUsha Resources Commences Fieldwork at the Drill-Ready Southern Arm Copper-Gold VMS Property
2 monthsVANCOUVER, BC , Aug. 1, 2024 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to announce that it has begun preparations to complete a biogeochemical survey at its Southern Arm property ("Southern Arm" or the "Property").
prnewswire.comSouthern California Bancorp and California Bancorp Complete Merger of Equals
2 monthsSAN DIEGO and OAKLAND, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp (NASDAQ: BCAL), the holding company for Bank of Southern California, N.A., and California BanCorp, the holding company for California Bank of Commerce, announce the successful closing of their previously announced merger of equals. Effective July 31, 2024, California BanCorp has merged with and into Southern California Bancorp, and California Bank of Commerce has merged with and into Bank of Southern California, N.A. The combined holding company has assumed the California BanCorp name, and the combined bank has assumed the California Bank of Commerce, N.A. name. The combined holding company will trade on the Nasdaq Capital Market under the symbol “BCAL.”
globenewswire.com3 Utilities Stocks Powering Through Any Downturns
2 monthsUtilities stocks are often a good investment and in many cases can power through economic downturns. That makes them worth considering at the moment as investor fears over a potential recession remain.
investorplace.comWhat's Next For Norfolk Southern Stock After A Q2 Earnings Beat?
2 monthsNorfolk Southern (NYSE: NSC) recently reported its Q2 results, with revenues missing but earnings comfortably above our estimates. The company reported revenue of $3.04 billion and earnings of $3.25 per share, compared to our estimates of $3.07 billion and $2.90, respectively.
forbes.comMawson Announces Signing of Scheme Implementation Agreement With Southern Cross Gold
2 monthsVANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Mawson Gold Limited ("Mawson" or the "Company") (TSXV:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce that further to its news release of June 10, 2024, Mawson has entered into a definitive binding scheme implementation agreement ("SIA") with Southern Cross Gold Ltd ("SXG") (ASX:SXG) dated July 30, 2024. Pursuant to the SIA, Mawson proposes to acquire all of the ordinary shares of SXG (the "SXG Shares") Mawson does not already own by way of a scheme of arrangement under the laws of Australia (the "Arrangement").
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