|Bid||0.00 x 1800|
|Ask||52.33 x 900|
|Day's Range||51.84 - 52.37|
|52 Week Range||42.42 - 52.98|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||24.07|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||2.40 (4.64%)|
|1y Target Est||50.84|
ATLANTA, April 24, 2019 /PRNewswire/ -- Georgia Power was honored Thursday night with the 2019 Louis C. Brown MD Vanguard Award for its leadership in improving health and wellbeing in Georgia by the Morehouse School of Medicine (MSM). The Louis C. Brown MD Vanguard Award – named in honor of the late Atlanta internist and founder of MSM – recognizes individuals and organizations whose pioneering spirit and demonstrated leadership have made a significant contribution to the health and wellbeing of underserved communities in Georgia and the nation. The honor, which was presented during the school's 11th Anniversary Hugh Gloster Society Celebration in Atlanta, was given to Georgia Power for the company's long-time support of MSM and commitment to improving the health and wellbeing of all communities in Georgia.
ATLANTA, April 24, 2019 /PRNewswire/ -- Southern Company ranked No. 14 on Forbes magazine's 2019 list of America's Best Employers. Of the 500 large employers ranked, Southern Company was No. 1 among industry peers, No. 1 among Atlanta-based companies and No. 1 in Georgia. This is the second consecutive year Southern Company ranked in the top 20, rising three spots from last year's list.
Southern Co. (SO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analyzing Utilities’ Charts, Valuation, Price Targets, and More(Continued from Prior Part)Price targetsMany top utility stocks’ price targets were changed last week. Analysts’ median target price of $195.50 for NextEra Energy (NEE) implies a
Analyzing Utilities’ Charts, Valuation, Price Targets, and More(Continued from Prior Part)Utilities beat the S&P 500Utility stocks have not been just an effective hedge lately, but have outperformed broader markets. Over the past year,
Southern Co. (SO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Analyzing Utilities’ Charts, Valuation, Price Targets, and More(Continued from Prior Part)Dividend yields Dominion Energy’s dividend yield (D) of 4.9% leads among top utilities. The yield is higher than its five-year average, ~230 basis
Analyzing Utilities’ Charts, Valuation, Price Targets, and More(Continued from Prior Part)Moving averages Top utility stocks have lost some momentum after touching multiyear highs. The Utilities Select Sector SPDR ETF (XLU), trading at
Analyzing Utilities’ Charts, Valuation, Price Targets, and MoreUtility stocks fallUtility stocks continued to underperform broader markets last week. The Utilities Select Sector SPDR ETF (XLU) fell 1.6% while broader markets closed flat.
ATLANTA, April 22, 2019 /PRNewswire/ -- Georgia Power is celebrating Earth Month this year with environmental service projects that enhance and beautify communities across the state. Throughout the year, employees focus on stewardship projects that protect and enhance the communities in which they live and work. Bat House and Birdhouse Build – Georgia Power employees in Atlanta will spend the day building bat houses and birdhouses that will be donated to community non-profits across the state.
The Georgia Power board elected a replacement for executive vice president, chief financial officer and treasurer, effective immediately.
Houston-based CenterPoint Energy Inc. (NYSE: CNP) has found its next executive vice president and CFO. Xia Liu steps into the roles on April 22, according to a press release. Liu has been with The Southern Co. (NYSE: SO), based in Atlanta, and its subsidiaries for the past 20 years, per the release. Most recently, she served as executive vice president, CFO and treasurer of Georgia Power Co. in Atlanta.
ATLANTA, April 18, 2019 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that it has entered into an agreement to sell the Nacogdoches Generating Facility to Austin Energy for $460 million. Southern Power began commercial operation of the Nacogdoches Generating Facility in Sacul, Texas, in 2012. "The Nacogdoches Generating Facility is one of the largest wood-fired biomass plants in the United States and has been a part of Southern Power's generation fleet since 2012, demonstrating strong operating performance," said Southern Power President and CEO, Mark Lantrip.
ATLANTA, April 18, 2019 /PRNewswire/ -- Georgia Power's Board of Directors has elected David Poroch as executive vice president, chief financial officer and treasurer, effective immediately. In his new role, Poroch will be responsible for overseeing the company's accounting and financial functions. "David's extensive knowledge about the energy industry and financial services from inside and outside of the Southern Company system will be an asset to our leadership team at Georgia Power," said Paul Bowers, chairman, president and CEO of Georgia Power.
ATLANTA, April 18, 2019 /PRNewswire/ -- Georgia Power continues to make progress towards the closure of seven ash ponds at Plant Yates with the dewatering process scheduled to begin in mid-May. Dewatering marks a significant step towards completing the closure process, and Georgia Power's ash pond closure plan for Plant Yates is specifically designed for the site to help ensure water quality is protected every step of the way. "As we begin the dewatering process at Plant Yates, we are pleased with the progress we have made on our ash pond closure process throughout the state at all of our plants," said Dr. Mark Berry, vice president of Environmental & Natural Resources for Georgia Power.
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)Implied volatility On April 12, the Utilities Select Sector SPDR (XLU) witnessed an implied volatility of 11%, which was marginally lower than its 15-day average. Recently,
Southern Company: Analyzing Its Dividends(Continued from Prior Part)Analysts’ target prices Among the 18 analysts tracking Southern Company, 11 recommended a “hold,” two recommended a “buy,” one recommended a “strong sell,” and four
Southern Company: Analyzing Its Dividends(Continued from Prior Part)Total returns Southern Company’s (SO) superior yield and long dividend history wane when it comes to total returns. Southern Company has drastically lagged its peers in terms of
Southern Company: Analyzing Its Dividends(Continued from Prior Part)Chart indicatorsSouthern Company (SO) stock has shown an impressive rally in the last few months. The stock hit a new 52-week high of $52.8 on April 15. Southern Company has risen
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)Moving averagesUtility stocks (VPU) seemed to have slowed down after hitting multiyear highs last month. The Utilities Select Sector SPDR ETF (XLU), the representative of top
Southern Company: Analyzing Its DividendsSouthern Company’s dividendSouthern Company (SO) declared a quarterly dividend of $0.62 per share, which implies an annualized dividend of $2.48 per share. The dividend increased 3.3% compared to its
How Are Utility Stocks Placed for the Future?Utility stocks seem tepidLast week, utility stocks continued to underperform broader markets for the third consecutive week. The Utilities Select Sector SPDR ETF (XLU) rose 0.2%, while the S&P 500
Southern Company (SO) is riding high on its strategic strides, splendid earnings surprise record and impressive dividend payouts.
ATLANTA, April 15, 2019 /PRNewswire/ -- Southern Company announced today it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.48 per share. This marks the 18th consecutive year that Southern Company has raised the dividend on its common stock. Southern Company also announced today a regular quarterly dividend – including the increase of 2 cents per share over the prior quarter – of 62 cents per share, payable June 6, 2019, to shareholders of record as of May 20, 2019.