57.94 0.00 (0.00%)
After hours: 5:26PM EDT
|Bid||57.82 x 2200|
|Ask||58.45 x 1000|
|Day's Range||57.23 - 58.28|
|52 Week Range||42.50 - 58.78|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||13.65|
|Forward Dividend & Yield||2.48 (4.31%)|
|1y Target Est||N/A|
Does the August share price for The Southern Company (NYSE:SO) reflect what it's really worth? Today, we will estimate...
Geopolitical tensions and falling Treasury yields hint at an upcoming recession and the utilities sector has outperformed broader markets.
The most talented golfers in the world will descend on East Lake Golf Club next week for the TOUR Championship, but there’s a good chance that group won’t include the defending champion. After an oblique injury forced him to withdraw from last week’s Northern Trust, Tiger Woods looks to bounce back this week at the BMW Championship (Aug. 15-18) in Medinah, Ill. Woods will need to put together a solid performance to crack the top 30 in the FedEx Cup standings. Only the top 30 players are eligible to play in the PGA Tour’s season-ending event, TOUR Championship. The early exit from the Northern Trust pushed Woods down 10 spots to 38th this week in the standings, while Patrick Reed’s 2,000-point win last week moved him up to second place.
EVP, Chief Legal Officer & CCO of Southern Co (30-Year Financial, Insider Trades) Ii James Y Kerr, (insider trades) sold 25,000 shares of SO on 08/08/2019 at an average price of $58.16 a share. Continue reading...
Southern Company hit a new all-time high of $58.56 on August 9. So far, Southern Company stock has risen approximately 33% this year.
Atlanta’s Most Admired CEOs of 2019 are scheduled to be honored on Aug. 22 at an awards event at The Fairmont.
Over the past 10 years The Southern Company (NYSE:SO) has grown its dividend payouts from $1.68 to $2.48. With a...
The ratings of Credit Tenant Lease (CTL) deals are primarily based on the senior unsecured debt rating (or the corporate family rating) of the tenants leasing the real estate collateral supporting the bonds. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Investors turned to defensive utilities intensified yesterday after President Trump announced 10% tariffs on another $300.0 billion worth of Chinese goods.
Moody's Investors Service, (Moody's) upgraded the ratings of Mississippi Power Company (Mississippi Power) including its senior unsecured rating to Baa2 from Baa3, and maintained a positive outlook.
Top regulated utility Southern Company (SO) reported its second-quarter earnings today. It reported adjusted EPS of $0.80, exceeding expectations.
Southern Company's (SO) operations and maintenance cost decrease 13.6%, while the utility's total operating expense for the period is down 32.5% from the prior-year level.
Southern Co. (SO) delivered earnings and revenue surprises of 11.11% and -1.20%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
It was much worse at one point during the day, but even with Tuesday's partial bounceback, the S&P 500 closed down to the tune of 0.26%. Investors remain hesitant to do much of anything until after they've had a chance to chew on today's interest rate decision and rhetoric.Source: Shutterstock Pfizer (NYSE:PFE) led the charge lower, losing another 6.4% of its value as investors continue to jeer the decision to sell its Upjohn arm to rival Mylan (NASDAQ:MYL). Mylan, meanwhile, gained another 3% as investors cheered what seemingly looks like a great deal. Also working against the market in a big way was Gilead Sciences (NASDAQ:GILD). Shares of the pharma outfit were off to the tune of 1.1%, despite a respectable Q2 report that included impressive progress for sales of its HIV portfolio. * The 10 Best Stocks to Invest in for August As for names worth a look at trading prospects here at the midpoint of the week, however, the stock charts of National-Oilwell Varco (NYSE:NOV), Southern Co (NYSE:SO) and CF Industries Holdings (NYSE:CF) top a short list. Here's why, and what to look for.InvestorPlace - Stock Market News, Stock Advice & Trading Tips CF Industries Holdings (CF)For the first four months of the year, shares of CF Industries Holdings were stuck in a range, unable to hurdle the 200-day moving average line plotted in white on both stock charts.The stock finally cleared that hurdle in June, but things have remained choppy all the same. It increasingly looks like the breakout move is the real deal, however, as CF shares continue to find support at other key lines in the sand. And, there's little doubt about the underpinnings for the move, which only renews a long-standing uptrend. * Click to EnlargeTuesday's action was not only productive, it was spurred by a push up and off of the 20-day moving average line plotted in blue. * Although it's likely to cool off again, even if just a little, the purple 50-day moving average line's cross above the 200-day line. The 'golden cross' signals that new bullish momentum is fully developed. * On the weekly chart it becomes clear that the last two key bottoms made in March and May better define a long-term support line that extends back to the middle of 2016. Southern Co (SO)A little over a week ago, Southern Co was highlighted as a name that was dancing more often with a crucial support level. Although it was still above it at the time, the rally since the beginning of the year left the utility name vulnerable to a big pullback.There's still a glimmer of hope in that regard. But, only a glimmers. Tuesday's action took a pretty good-sized chunk out of that technical support, and did so in a way that waves a major red flag. * 7 Hot Stocks That Killed It This Earnings Season * Click to Enlarge Although it didn't close below it, SO stock temporarily traded below the 50-day line on Tuesday, and it did close under the straight-line support that extend back to the beginning of the year. * Underscoring the blow sellers dealt to Southern Co shares is the volume surge behind the tumble. There may be a lot of would-be sellers waiting in the wings. * If this pressure turns into something more, a pullback to the $51.50 area isn't out of the question. That's where a Fibonacci retracement line awaits, and where the white 200-day moving average line will soon be. National-Oilwell Varco (NOV)Finally, it was an earnings report that spurred the volatility. As such, traders should proceed with caution. It may not last.Nevertheless, sometimes it's news that's required to jump-start a potential and even likely move. Now that the trigger has been released, National-Oilwell Varco shares could spend the next several days, or even weeks, following through on yesterday's dynamic bar. * Click to EnlargeThe bears initially responded to the earnings report, dragging NOV into the red. With some time to think about it, however, they changed their mind. The intraday reversal speaks volumes about the underlying sentiment. * Underscoring the likelihood that Tuesday is a pivot point is the volume spike behind it. A flood of sellers were finally flushed out, and a flood of new buyers poured in. It's the opposite of what was witnessed in February. * Although the stage is set for more upside, particularly given how oversold the stock has been since June, this is a setup that requires at least a little bit of follow-through to validate the swing.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post 3 Big Stock Charts for Wednesday: Southern Co, CF Industries Holdings and National-Oilwell Varco appeared first on InvestorPlace.