Inside the research
The Southern Company
SO Research profile · latest available data
Price overview
$82.88
▼ -0.01 (-0.0%)
| 52w hi | $97.49 |
|---|---|
| 52w lo | $82.06 |
| Vol | 4.92M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.46
| Short | -0.29 |
|---|---|
| Medium | -0.65 |
| Long | -0.40 |
computed 2026-09-27
Key fundamentals
The Southern Company
Utilities · Utilities - Regulated Electric
| Market cap | $95.34B |
|---|---|
| Enterprise value | $172.22B |
| Trailing P/E | 19.97x |
| Forward P/E | 16.83x |
| EV / EBITDA | 12.08x |
| P / S (ttm) | 3.16x |
| Profit margin | 15.4% |
| Return on equity | 11.5% |
| Revenue growth | +0.1% |
| Earnings growth | +30.4% |
| Debt / equity | 182.06 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | -0.10 | |
| Technical | -0.32 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets. It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers. In addition, the company is involved in the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee; distributes energy and resilience solutions; and invests in telecommunications. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Risk Metrics
| Beta vs SPX | -0.04 |
|---|---|
| Corr SPX | -0.03 |
| Annual vol | 17.5% |
| Annual ret | -2.4% |
| Sharpe | -0.14 |
| Max DD | -16.9% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $101.76 |
|---|---|
| High / Low | $114.00 / $81.00 |
| Median | $103.00 |
| Analysts | 19 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 6 | |
| Hold | 15 | |
| Sell | 1 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-21 | Truist Securities | → Hold |
| 2026-04-21 | Morgan Stanley | → Underweight |
| 2026-04-20 | Seaport Global | → Neutral |
| 2026-04-10 | Barclays | → Equal-Weight |
| 2026-03-06 | TD Cowen | → Buy |
| 2026-03-05 | Evercore ISI Group | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Material Obligation, Securities Issuance… | read |
| 2026-08-04 | Other Material Event, Exhibits | read |
| 2026-08-03 | Other Material Event, Exhibits | read |
| 2026-07-30 | Earnings Release | read |
| 2026-06-08 | Other Material Event, Exhibits | read |
| 2026-05-15 | Shareholder Vote, Exhibits | read |
| 2026-04-30 | Earnings Release | read |
| 2026-03-19 | Other Material Event, Exhibits | read |
| 2026-02-25 | Material Agreement, Material Obligation… | read |
| 2026-02-19 | Earnings Release | read |
| 2025-12-19 | Other Material Event | read |
| 2025-12-10 | Other Material Event | read |
Dividends
| Yield (TTM) | 1.79% |
|---|---|
| $ / share (TTM) | $1.48 |
| 5y CAGR | +3.0% |
Annual dividend per share
| 2021 | $2.62 |
|---|---|
| 2022 | $2.70 |
| 2023 | $2.78 |
| 2024 | $2.86 |
| 2025 | $2.94 |
| 2026 | $0.74 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $26.72B | +3.4% | |
| Operating income | $5.83B | +3.6% | |
| Net income | $4.34B | +229.9% | |
| Cash from ops | $7.55B | +5.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $82.67 | $83.01 | $82.09 | $82.88 | 4.92M |
| Sep 24 | $83.98 | $83.98 | $82.84 | $82.89 | 4.92M |
| Sep 23 | $84.76 | $84.90 | $83.21 | $83.47 | 5.57M |
| Sep 22 | $85.24 | $85.94 | $84.97 | $85.15 | 4.35M |
| Sep 21 | $85.52 | $86.15 | $85.18 | $85.46 | 7.83M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →