• Regulated Electric
  • Utilities
The Southern Company logo
The Southern Company
SO · US · NYSE
88.58
USD
+1.01
(1.14%)
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
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
EVRG or SO: Which Is the Better Value Stock Right Now?
2 months

Investors 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.com
The Southern Company (SO) Q2 2024 Earnings Call Transcript
2 months

The 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.com
Norfolk Southern to make strategic investments in Alabama
2 months

Significant 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.com
Southern Co. (SO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 months

Although 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.com
Southern Co. (SO) Beats Q2 Earnings and Revenue Estimates
2 months

Southern 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.com
Southern States Bancshares Completes Acquisition of CBB Bancorp
2 months

ANNISTON, 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.com
Southern Company reports second-quarter 2024 earnings
2 months

ATLANTA , 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.com
Usha Resources Commences Fieldwork at the Drill-Ready Southern Arm Copper-Gold VMS Property
2 months

VANCOUVER, 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.com
Southern California Bancorp and California Bancorp Complete Merger of Equals
2 months

SAN 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.com
3 Utilities Stocks Powering Through Any Downturns
2 months

Utilities 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.com
What's Next For Norfolk Southern Stock After A Q2 Earnings Beat?
2 months

Norfolk 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.com
Mawson Announces Signing of Scheme Implementation Agreement With Southern Cross Gold
2 months

VANCOUVER, 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").

accesswire.com