SO - The Southern Company

NYSE - NYSE Delayed Price. Currency in USD
43.99
+0.44 (+1.01%)
At close: 4:00PM EDT
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Previous Close43.55
Open43.66
Bid0.00 x 800
Ask0.00 x 1800
Day's Range43.62 - 44.06
52 Week Range42.38 - 53.51
Volume5,352,617
Avg. Volume5,513,274
Market Cap44.501B
Beta0.03
PE Ratio (TTM)52.37
EPS (TTM)0.84
Earnings DateJul 31, 2018 - Aug 6, 2018
Forward Dividend & Yield2.40 (5.21%)
Ex-Dividend Date2018-05-18
1y Target Est46.52
Trade prices are not sourced from all markets
  • Oilprice.com9 hours ago

    Why Southern Company Just Sold Billions In Prime Assets

    In a somewhat surprising move, Southern company decided to sell off assets worth billions of dollars in a bid to pay down a ballooning debt

  • Avoid scams with simple tips from Georgia Power
    PR Newswire10 hours ago

    Avoid scams with simple tips from Georgia Power

    ATLANTA, May 23, 2018 /PRNewswire/ -- Georgia Power is experiencing an increase in customer reports of scams by criminals posing as Georgia Power employees. Criminals target both residential and business Georgia Power customers and are known to attempt a variety of scams in person, over the phone and online, including social media. Georgia Power does not demand payment in person at your home or business. If an account becomes past due and is subject to disconnection, Georgia Power will contact the customer via a prerecorded message to the primary account telephone or by letter requesting that the customer call Georgia Power to discuss the account.

  • See what the IHS Markit Score report has to say about Southern Co.
    Markit16 hours ago

    See what the IHS Markit Score report has to say about Southern Co.

    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. The current level displays a neutral indicator.

  • Atlantic Coast Pipeline construction set to start despite questions raised by court ruling
    American City Business Journals17 hours ago

    Atlantic Coast Pipeline construction set to start despite questions raised by court ruling

    Dominion Energy tells federal regulators that just 21 miles of the proposed $6.5 billion Atlantic Coast Pipeline are affected by a recent court order striking an environmental approval.

  • MarketWatch17 hours ago

    Southern Co. unit Southern Power to sell 33% stake in solar portfolio for $1.2 billion

    Southern Power, a U.S. wholesale energy provider and unit of utility Southern Co. , has reached agreement to sell a 33% stake in its solar portfolio to Global Atlantic Financial Group Ltd. for about $1.2 ...

  • ACCESSWIRE17 hours ago

    Blog Exposure - NextEra Acquires Several Florida-based Energy Assets From Southern Company

    LONDON, UK / ACCESSWIRE / May 23, 2018 / If you want access to our free research report on NextEra Energy, Inc. (NYSE: NEE) ("NextEra"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NEE as the Company's latest news hit the wire. On May 21, 2018, the Company announced that it has signed an agreement with Southern Company (NYSE: SO) to acquire several of its assets. The acquisitions include Gulf Power Co., Florida City Gas, as well as Southern Company's stake in natural-gas plants - Plant Oleander and Plant Stanton.

  • Southern Power enters into an agreement to sell a minority interest in solar portfolio
    PR Newswire17 hours ago

    Southern Power enters into an agreement to sell a minority interest in solar portfolio

    ATLANTA, May 23, 2018 /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 a 33 percent minority interest in its solar portfolio to Global Atlantic Financial Group Limited for a purchase price of $1.175 billion. "We are excited about our new partnership with Global Atlantic," said Southern Power President and CEO Mark Lantrip.

  • The Southern Company’s (NYSE:SO) Earnings Dropped -57.13%, Did Its Industry Show Weakness Too?
    Simply Wall St.yesterday

    The Southern Company’s (NYSE:SO) Earnings Dropped -57.13%, Did Its Industry Show Weakness Too?

    Understanding how The Southern Company (NYSE:SO) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...

  • Stock Market News For May 22, 2018
    Zacks2 days ago

    Stock Market News For May 22, 2018

    Markets closed sharply higher on Monday as trade war tensions between the United States and China declined for the time being.

  • NextEra (NEE) to Acquire Southern Company Assets for $6.475B
    Zacks2 days ago

    NextEra (NEE) to Acquire Southern Company Assets for $6.475B

    NextEra Energy (NEE) will further expand its footprints in Florida through acquisition of some assets from Southern Company for $6.475 billion.

  • Analysts Positive on NextEra and Cautious on Southern Company
    Market Realist2 days ago

    Analysts Positive on NextEra and Cautious on Southern Company

    With a mean target price of $170.40 and a current price of $160.20, renewables titan NextEra Energy’s (NEE) stock has a potential upside of ~6.3% for the next 12 months. RBC raised NextEra Energy’s target price from $166 to $170 last week. Of the 14 analysts covering NextEra Energy, four recommend “strong buy,” eight recommend “buy,” two recommend “hold,” and none recommend “sell.”

  • How Southern Company Plans to Address Its Debt
    Market Realist2 days ago

    How Southern Company Plans to Address Its Debt

    Southern Company’s (SO) debt has significantly increased in the last few years, particularly after its AGL Resources acquisition. On March 31, it had net debt of around $50.0 billion, compared with $27.0 billion in 2015. Southern Company’s planned asset sale might improve its debt profile to some extent in future quarters.

  • Southern Company to Sell Its Florida Assets to NextEra Energy
    Market Realist2 days ago

    Southern Company to Sell Its Florida Assets to NextEra Energy

    Top utility stocks NextEra Energy (NEE) and Southern Company (SO) soared 2.4% and 1.7%, respectively, on May 21 after the latter agreed to sell its Florida-based assets to NextEra Energy. The deal has been valued at $6.5 billion including debt and involves the sale of Southern Company’s Gulf Power and Florida City Gas along with its Stanton and Oleander power plants. The Florida City Gas transaction is expected to close by Q3 2018, while the Gulf Power deal is expected to close by the first half of next year.

  • Southern Company Inks $6.5B Divestment Deal to Reduce Debt
    Zacks2 days ago

    Southern Company Inks $6.5B Divestment Deal to Reduce Debt

    Southern Company's (SO) divestment deal is likely to enable it streamline its portfolio, boost utility returns, along with raise cash to repay debts and pay for the new reactors.

  • The Wall Street Journal2 days ago

    [$$] NextEra to Buy Florida Utility From Southern for $5.1 Billion

    NextEra Energy Inc. is buying a utility and other Florida assets from Southern Co. for $5.1 billion in cash, in a deal that paves the way for America’s most valuable power company to grow further. While NextEra is laying the groundwork for expansion where it is already the dominant player, Southern is selling assets to strengthen a balance sheet battered by cost overruns at a partially built nuclear power plant in Georgia that is billions over budget and years behind schedule. As part of the deal announced Monday, NextEra said it would issue new debt to purchase Gulf Power, Florida City Gas and partial ownership in two gas-fired power plants from Southern, which is based in Atlanta.

  • How Are Top Utility Stocks Currently Valued?
    Market Realist2 days ago

    How Are Top Utility Stocks Currently Valued?

    Duke Energy (DUK) is the second-largest utility by market capitalization. Duke Energy stock is trading at a PE ratio of 22.0x. Duke Energy’s five-year historical average valuation is ~21x. The stock appears to be trading at a premium to its historical valuation. Duke Energy’s EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple is 10.5x—compared to its five-year historical average of 11.0x. Duke Energy stock seems to be trading at a discount to its historical average given its EV-to-EBITDA valuation.

  • NEE, DUK, and SO: Top Utility Stocks Enter the ‘Oversold’ Zone
    Market Realist2 days ago

    NEE, DUK, and SO: Top Utility Stocks Enter the ‘Oversold’ Zone

    US utility stocks have been trading very weak this year. The Utilities Select Sector SPDR ETF (XLU) entered the “oversold” zone last week with its RSI (relative strength index) at 25.

  • Treasury Yields Pushed Utility Stocks Lower Last Week
    Market Realist2 days ago

    Treasury Yields Pushed Utility Stocks Lower Last Week

    The strength in Treasury yields continued to push US utility stocks lower last week. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, fell 2.8% and broader markets fell 0.6% last week.

  • Georgia Power Company announces pricing of upsized cash tender offers
    PR Newswire2 days ago

    Georgia Power Company announces pricing of upsized cash tender offers

    ATLANTA, May 21, 2018 /PRNewswire/ -- Georgia Power Company today announced the pricing of the previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") to purchase a portion of its outstanding Series 2007A 5.65% Senior Notes due 2037 (the "Series 2007A Notes"), its Series 2009A 5.95% Senior Notes due 2039 (the "Series 2009A Notes"), its Series 2010B 5.40% Senior Notes due 2040 (the "Series 2010B Notes"), its Series 2010C 4.75% Senior Notes due 2040 (the "Series 2010C Notes") and its Series N 5.750% Senior Notes due 2023 (the "Series N Notes" and, together with the Series 2007A Notes, the Series 2009A Notes, the Series 2010B Notes and the Series 2010C Notes, the "Notes"). Except as described in Georgia Power's prior press release dated the date hereof announcing the early tender results of the Offers and increasing the "Aggregate Maximum Purchase Price" to an amount (excluding accrued and unpaid interest and excluding fees and expenses) sufficient to allow the purchase of $749,913,000 in aggregate principal amount (representing all of the Notes tendered in Acceptance Priority Levels 1, 2 and 3 on or before the Early Tender Deadline (as defined below)), the terms and conditions of the Offers set forth in Georgia Power's Offer to Purchase, dated May 7, 2018 (the "Offer to Purchase") remain unchanged.

  • Reuters3 days ago

    Florida Power & Light parent adds to Florida assets with $5.1 bln deal

    NextEra Energy Inc said on Monday it is expanding in Florida by buying some utilities from Southern Co for $5.08 billion, the latest move in a sector consolidating as heavy debt drags on the industry. Consumers, companies and governments across the United States are looking for ways to be more energy efficient, limiting growth and revenue for many power companies. NextEra, the parent of Florida Power and Light Co, said it would buy almost all of Southern's assets, including Gulf Power Co and Florida City Gas.

  • American City Business Journals3 days ago

    FPL parent inks $6.5B acquisition deal

    The deal would add about 560,000 new customers to the Juno Beach-based energy giant.

  • Reuters3 days ago

    NextEra Energy to buy some Southern Co assets for $5.08 billion

    (Reuters) - U.S. power company NextEra Energy Inc (NEE.N) said on Monday it would buy some assets including Gulf Power Co and Florida City Gas from rival Southern Co (SO.N) for $5.08 billion (3.8 billion ...

  • Southern Slims Down After Bets on Big Projects Fail to Pay Off
    Bloomberg3 days ago

    Southern Slims Down After Bets on Big Projects Fail to Pay Off

    Southern Co., which has spent billions of dollars to expand its U.S. utility empire, is now retrenching. The company said Monday it was selling nearly all the assets it owns in Florida to NextEra Energy Inc. for $5.1 billion as it pushes to cut debt from its acquisitions and complete a long-delayed nuclear project. The sale, which includes Gulf Power and Florida City Gas, will allow Southern to trim $3 billion from amount it needs to raise over the next five years.

  • MarketWatch3 days ago

    NextEra Energy to buy some of Southern Co.'s Florida assets in a deal valued at $6.5 billion

    NextEra Energy Inc. announced a deal Monday to buy Gulf Power, Florida City Gas and two Florida-based natural gas plants from Southern Co. in a deal valued at $6.48 billion, including debt. NextEra expects ...

  • PR Newswire3 days ago

    NextEra Energy reaches definitive agreements to acquire Gulf Power, Florida City Gas and additional assets from Southern Company

    - Compelling all-cash transactions of attractive electric and natural-gas franchises complement NextEra Energy's existing operations within Florida - NextEra Energy's proven track record of delivering ...