Southern (NYSE:SO – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.200-4.300 for the period, compared to the consensus estimate of 4.310. The company issued revenue guidance of -. Southern also updated its Q1 2025 guidance to 1.200-1.200 EPS.
Southern Trading Up 0.7 %
NYSE:SO traded up $0.64 during trading hours on Friday, reaching $88.46. The company’s stock had a trading volume of 5,347,946 shares, compared to its average volume of 5,056,783. The firm has a market capitalization of $96.92 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 3.01 and a beta of 0.53. The firm has a 50-day simple moving average of $83.70 and a 200-day simple moving average of $86.82. Southern has a 1 year low of $65.99 and a 1 year high of $94.45. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67.
Southern (NYSE:SO – Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.01). The firm had revenue of $6.34 billion during the quarter, compared to analysts’ expectations of $5.90 billion. Southern had a net margin of 16.47% and a return on equity of 12.23%. Research analysts expect that Southern will post 4.29 EPS for the current fiscal year.
Southern Announces Dividend
Wall Street Analyst Weigh In
SO has been the topic of several analyst reports. BMO Capital Markets dropped their target price on shares of Southern from $99.00 to $97.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Morgan Stanley decreased their price objective on shares of Southern from $88.00 to $85.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Mizuho boosted their price objective on shares of Southern from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Guggenheim cut shares of Southern from a “buy” rating to a “neutral” rating in a report on Thursday, January 23rd. Finally, Scotiabank boosted their price objective on shares of Southern from $96.00 to $98.00 and gave the company a “sector outperform” rating in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $90.54.
Get Our Latest Stock Report on SO
Insider Transactions at Southern
In related news, CEO James Jeffrey Peoples sold 14,540 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $86.00, for a total transaction of $1,250,440.00. Following the sale, the chief executive officer now owns 13,236 shares of the company’s stock, valued at $1,138,296. This represents a 52.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Martin Bernard Davis sold 1,170 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $85.90, for a total transaction of $100,503.00. Following the sale, the executive vice president now directly owns 88,393 shares in the company, valued at approximately $7,592,958.70. The trade was a 1.31 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.
Southern Company Profile
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.
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