|Bid||55.77 x 2200|
|Ask||0.00 x 800|
|Day's Range||55.68 - 56.11|
|52 Week Range||42.50 - 57.08|
|Beta (3Y Monthly)||0.28|
|PE Ratio (TTM)||17.09|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||2.48 (4.46%)|
|1y Target Est||55.03|
Georgia Power's desired foray into battery storage has received the green light. Georgia Public Service Commission on Tuesday unanimously approved Georgia Power's 20-year plan that furthers the Atlanta-based utilities move away from reliance on coal and toward more renewable energy sources. The plan included supporting Georgia Power's planned investment to own and operate 80 megawatts (MW) of battery energy storage.
Southern Company (SO) declared a quarterly dividend of $0.62 per share on Monday. The dividend is in line with the previous quarterly dividend.
BIRMINGHAM, Ala., July 16, 2019 /PRNewswire/ -- Southern Nuclear Chairman, President and CEO Stephen Kuczynski announced today that Peter P. Sena, III has been selected as Southern Nuclear executive vice president and chief nuclear officer (CNO). Sena's first day will be Monday, July 29. "Southern Nuclear is committed to operating our facilities at the highest level to serve our customers with clean, safe, reliable and affordable energy, and Pete's demonstrated commitment to high standards will help us deliver on that promise," said Kuczynski.
ATLANTA , July 15, 2019 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 62 cents per share on the company's common stock, payable September 6, 2019 , to shareholders of ...
Tom Fanning has been the CEO of The Southern Company (NYSE:SO) since 2010. First, this article will compare CEO...
BIRMINGHAM, Ala. , July 10, 2019 /PRNewswire/ -- The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock as follows: Preferred ...
Southern Co NYSE:SOView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for SO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.62 billion over the last one-month into ETFs that hold SO are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. SO credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
ATLANTA, July 8, 2019 /PRNewswire/ -- Georgia Power's Board of Directors has elected Jason Cuevas as vice president for the company's Northeast Region, effective immediately. In this role, he will lead external activities for 368,000 customers in a 39-county area, which includes Athens, Gainesville, Milledgeville, Augusta, and the state's largest jobs-producing construction project, Plant Vogtle Units 3 & 4.
ATLANTA, July 8, 2019 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2019 by 7 a.m. ET on Wednesday, July 31. Chairman, president and CEO Thomas A. Fanning and CFO Andrew W. Evans will discuss earnings during a conference call for financial analysts at 8 a.m. ET on Wednesday, July 31. Investors, media and the public may listen to a live webcast of the conference call at http://investor.southerncompany.com/webcasts by clicking on the appropriate audio link.
Utilities, which are sensitive to interest rates, rose 1.8% while the S&P; 500 managed to gain almost 2% in the week that ended on July 5.
ATLANTA , July 3, 2019 /PRNewswire/ -- Two Local Distribution Companies (LDCs) from Southern Company Gas have been named among the Most Trusted Business Partners in the utility industry for 2019, according ...
The unusual rally in utility stocks has pushed them to record valuation multiples this year. On average, they're currently trading at 19 times their forward earnings!
ATLANTA, July 1, 2019 /PRNewswire/ -- Georgia Power announced today several key milestones at the Vogtle nuclear expansion near Waynesboro, Georgia, including the placement of the middle containment vessel ring for Unit 4. The containment ring is part of the structure that houses the reactor vessel. Weighing more than a jumbo jet, the 2.4 million-pound, 51-foot tall containment vessel ring consists of dozens of individual steel plates and was fabricated on site.
ATLANTA, July 1, 2019 /PRNewswire/ -- As Georgians prepare to celebrate the July 4th holiday this week, Georgia Power reminds boaters and swimmers to keep water safety in mind for the start of the July 4th holiday. Georgia Power provides lake levels and other current lake conditions online. For more information about Georgia Power's lakes, visit www.georgiapowerlakes.com. In addition to detailed information about all of Georgia Power's properties, including facilities and amenities, local attractions and water safety information, the site allows visitors to check current lake conditions, virtually explore camp sites and browse an interactive fish guide for each of the lakes.
The company is seeking a rate increase which, under one proposal, would generate $942 million over three years.