|Bid||44.630 x 1100|
|Ask||44.640 x 100|
|Day's Range||44.310 - 45.150|
|52 Week Range||44.310 - 53.510|
|PE Ratio (TTM)||82.09|
|Earnings Date||Feb 20, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||2.32 (5.17%)|
|1y Target Est||50.03|
It seems to be a rough new year for Southern Company (SO) investors. Georgia-based Southern Company stock fell to a two-year low after Goldman Sachs downgraded the stock on January 11, 2018. Goldman Sachs cut Southern Company’s outlook from “neutral” to “sell” due to the risks associated with the completion of its Vogtle Plant.
A Georgia state senator is strongly criticizing the financial plan to pay for the two new nuclear power plants at Plant Vogtle. Speaking at Friday morning’s Sustainable Atlanta Roundtable (SART), State Sen. Chuck Hufstetler (R-Rome), chairman of the Senate Finance Committee, openly criticized Senate Bill 31 that passed in 2009 that approved the financial plan for Plant Vogtle. It was called the Georgia Nuclear Energy Financing Act, which permitted the utility to begin recovering the costs of financing the construction of the new nuclear plants from consumers before they came on line.
BIRMINGHAM, Ala. , Jan. 12, 2018 /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 ...
In the news release, Georgia Power names 2017 New Teacher Assistance Grant recipients, issued 10-Jan-2018 by Georgia Power over PR Newswire, we are advised by the company that the Coastal Georgia section, ...
The Southern Company’s (NYSE:SO) latest earnings announcement in September 2017 indicated that the company experienced a slight tailwind, leading to a single-digit earnings growth of 3.42%. Below is a briefRead More...
ATLANTA, Jan. 9, 2018 /PRNewswire/ -- Georgia Power and PulteGroup, Inc. (PHM) announced today a new partnership to develop Atlanta's first Smart Neighborhood™ at Pulte's Altus at the Quarter development. The new, state-of-the art Pulte Homes community is located in Atlanta's Upper West Side, one of the city's most vibrant and popular areas. Each technology-enhanced home in the Georgia Power Smart Neighborhood will be served by Georgia Power with power supplemented by individual rooftop solar installations and in-home battery energy storage.
Rating Action: Moody's affirms MEAG Power Vogtle Nuclear Units 3 and 4 Project M, P and J Revenue Bonds. Global Credit Research- 05 Jan 2018. Rating Action After Decision to Proceed on New Nuclear.
Rating Action: Moody's Affirms A2 Rating on Dalton, Georgia Combined Utility Enterprise;. Global Credit Research- 05 Jan 2018. New York, January 05, 2018-- Moody's Investors Service has affirmed the A2 ...
Rating Action: Moody's changes Oglethorpe Power's outlook to stable from negative; ratings affirmed. Global Credit Research- 05 Jan 2018. Approximately $4.0 billion of debt securities affected.
The Smart Neighborhood is a collaborative partnership with Signature Homes, Southern Company and the Department of Energy’s Oak Ridge National Laboratory and others. The first homeowners moved into the neighborhood in November 2017, and all homes in the neighborhood have been sold. Construction of the neighborhood should be fully complete by spring.
Rating Action: Moody's affirms Georgia Power at A3 negative; affirms Southern at Baa2 stable. Global Credit Research- 05 Jan 2018. Approximately $20 billion of debt securities affirmed.
Duke Energy stock seems to be trading at a fair premium to both its historical average and the industry average.
ATLANTA, Jan. 4, 2018 /PRNewswire/ -- Georgia Power is inviting customers to join the company and The Salvation Army to help neighbors and local Georgia communities this winter through the Project SHARE initiative. Project SHARE, established in partnership with The Salvation Army in 1985, was one of the first fuel funds in America and provides assistance for expenses, such as utility bills, housing, food and medical necessities. Since Project SHARE's inception, approximately 369,000 households throughout the state have received assistance with more than $69 million contributed to the program by Georgia Power and its customers.
BIRMINGHAM, Ala., Jan. 3, 2018 /PRNewswire/ -- Alabama Power's cutting-edge Smart Neighborhood™ project is getting the attention of the building industry at the world's biggest construction conference. The Smart Neighborhood team will present next week at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Orlando, Fla., about the project, now under construction in Hoover, Ala. The International Builders' Show is the largest annual light construction show in the world, attracting 60,000 visitors from 100 countries.