SO stock icon

Southern Company
SO

$78.02
1.66%
 

About: Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

Employees: 28,100

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 19 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

140% more call options, than puts

Call options by funds: $423M | Put options by funds: $176M

10.48% more ownership

Funds ownership: 64.14% [Q4 2023] → 74.63% (+10.48%) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 707 | Existing positions reduced: 670

2% more capital invested

Capital invested by funds: $49.1B [Q4 2023] → $50.2B (+$1.16B) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 11 (+0) [Q1 2024]

2% less funds holding

Funds holding: 1,792 [Q4 2023] → 1,758 (-34) [Q1 2024]

23% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 150

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$66
15%
downside
Avg. target
$75
4%
downside
High target
$90
15%
upside

16 analyst ratings

positive
44%
neutral
56%
negative
0%
Morgan Stanley
Stephen Byrd
9%downside
$71
Equal-Weight
Maintained
24 Jun 2024
B of A Securities
Julien Dumoulin-Smith
1%upside
$79
Neutral
Maintained
31 May 2024
Morgan Stanley
Stephen Byrd
5%downside
$74
Equal-Weight
Maintained
28 May 2024
Argus Research
Marie Ferguson
15%upside
$90
Buy
Maintained
15 May 2024
Wells Fargo
Neil Kalton
1%downside
$77
Equal-Weight
Maintained
3 May 2024

Financial journalist opinion

Based on 19 articles about SO published over the past 30 days