Skip to main content
    S

    Southern Company (SO)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $88.11
    +1.07 (+1.23%)

    Market Cap: $104.89B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    87%(34/39)
    Avg Surprise
    +6.95%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.65
    Range$1.62 - $1.67
    11 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate DriftChange to current
    90d ago$1.68-1.5%
    60d ago$1.64+0.6%
    30d ago$1.65-0.1%
    7d ago$1.65-0.3%
    Current$1.65
    Revenue Consensus
    $8.2B
    Range$7.9B - $8.4B
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.72
    Range$0.68 - $0.76
    21 analysts
    Revenue Consensus
    $7.3B
    Range$6.6B - $7.8B
    15 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.72---
    Sep 26EST
    		-$1.65---
    Jun 26
    Reported Jul 30
    		$1.13$1.01+11.88%Beat+22.8%
    Mar 26
    Reported Apr 30
    		$1.32$1.21+9.09%Beat+7.3%
    Dec 25
    Reported Feb 19
    		$0.55$0.57-3.51%Miss+10.0%
    Sep 25
    Reported Oct 30
    		$1.60$1.51+5.96%Beat+11.9%
    Jun 25
    Reported Jul 31
    		$0.92$0.88+4.55%Beat-16.4%
    Mar 25
    Reported May 1
    		$1.23$1.19+3.36%Beat+19.4%
    Dec 24
    Reported Feb 20
    		$0.50$0.53-5.66%Miss-21.9%
    Sep 24
    Reported Oct 31
    		$1.43$1.34+6.72%Beat+0.7%
    Jun 24
    Reported Aug 1
    		$1.10$0.93+18.28%Beat+39.2%
    Mar 24
    Reported May 2
    		$1.03$0.90+14.44%Beat+30.4%
    Dec 23
    Reported Feb 15
    		$0.64$0.60+6.67%Beat+146.2%
    Sep 23
    Reported Nov 2
    		$1.42$1.32+7.58%Beat+8.4%
    Jun 23
    Reported Aug 3
    		$0.79$0.75+5.33%Beat-26.2%
    Mar 23
    Reported Apr 27
    		$0.79$0.71+11.27%Beat-18.6%
    Dec 22
    Reported Feb 16
    		$0.26$0.24+8.33%Beat-27.8%
    Sep 22
    Reported Oct 27
    		$1.31$1.33-1.50%Miss+6.5%
    Jun 22
    Reported Jul 28
    		$1.07$0.84+27.38%Beat+27.4%
    Mar 22
    Reported Apr 28
    		$0.97$0.91+6.59%Beat-1.0%
    Dec 21
    Reported Feb 17
    		$0.36$0.35+2.86%Beat-23.4%
    Sep 21
    Reported Nov 4
    		$1.23$1.22+0.82%Beat+0.8%
    Jun 21
    Reported Jul 29
    		$0.84$0.79+6.33%Beat+7.7%
    Mar 21
    Reported Apr 29
    		$0.98$0.83+18.07%Beat+25.6%
    Dec 20
    Reported Feb 18
    		$0.47$0.42+11.90%Beat+74.1%
    Sep 20
    Reported Oct 29
    		$1.22$1.21+0.83%Beat-9.0%
    Jun 20
    Reported Jul 30
    		$0.78$0.67+16.42%Beat-2.5%
    Mar 20
    Reported Apr 30
    		$0.78$0.71+9.86%Beat+11.4%
    Dec 19
    Reported Feb 20
    		$0.27$0.27+0.00%Beat+8.0%
    Sep 19
    Reported Oct 30
    		$1.34$1.14+17.54%Beat+17.5%
    Jun 19
    Reported Jul 31
    		$0.80$0.72+11.11%Beat+0.0%
    Mar 19
    Reported May 1
    		$0.70$0.72-2.78%Miss-20.5%
    Dec 18
    Reported Feb 20
    		$0.25$0.23+8.70%Beat-51.0%
    Sep 18
    Reported Nov 7
    		$1.14$1.07+6.54%Beat+2.7%
    Jun 18
    Reported Aug 8
    		$0.80$0.69+15.94%Beat+9.6%
    Mar 18
    Reported May 2
    		$0.88$0.83+6.02%Beat+33.3%
    Dec 17
    Reported Feb 21
    		$0.51$0.46+10.87%Beat+112.5%
    Sep 17
    Reported Nov 1
    		$1.11$1.07+3.74%Beat-
    Jun 17
    Reported Aug 2
    		$0.73$0.71+2.82%Beat-
    Mar 17
    Reported May 3
    		$0.66$0.58+13.79%Beat-
    Dec 16
    Reported Feb 22
    		$0.24$0.33-27.27%Miss-

    Dividends

    Dividend Metrics

    Forward Yield3.45%
    Forward Annual Dividend$3.04
    Payout Ratio45.80%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Jul, Sep, Dec

    Growth

    3Y CAGR+2.88%
    5Y CAGR+2.97%
    SO dividend history and ex-dividend datesRun SO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio19.15EV/EBITDA12.19x
    Price/FCF-28.72xFCF Yield-3.48%
    Profitability
    Profit Margin15.40%Operating Margin29.60%
    ROE11.50%ROIC5.79%
    Financial Health
    Debt/Equity1.79xInterest Coverage2.43x
    Current Ratio0.79xQuick Ratio0.58x
    Trading Statistics
    Beta0.30Avg Volume6.37M
    52-Week High$98.4552-Week Low$81.69

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$85.22
    SMA 20$84.82
    SMA 50$87.87
    SMA 200$91.19
    EMA 10$85.85
    EMA 20$85.72
    EMA 50$87.55
    EMA 200$90.46

    MACD

    Line: -0.32Signal: -1.02Hist: 0.70

    ADX

    ADX: 34.4+DI: 24.9-DI: 20.4

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down60.0
    PSAR$83.96

    Bollinger Bands

    Upper Band$88.13
    Lower Band$81.51
    %B Position780%(Upper)
    Band Width1.00

    RSI (14-Day)

    Neutral
    62.7

    Momentum Oscillators

    Stoch %K98.2
    Stoch %D96.5
    Williams %R-3.5
    ROC (10d)5.6%
    Momentum4.66
    CCI (20d)135.8
    MFI (14d)66.6

    Volatility Measures

    ATR (14d)$1.32(1.5%)
    StdDev (20d)1.65
    Hist Vol15.0%(Low)

    Volume Flow

    VWAP$87.56
    OBV13.8M
    AD Line-3.5B
    CMF (20d)-0.006

    Volume Metrics

    Avg Vol (20d)6.5M
    Vol Ratio1.0x
    VWMA (20d)$84.74

    Pivot Points

    R3$88.84
    R2$87.96
    R1$87.50
    Pivot Point$86.62
    S1$86.16
    S2$85.28
    S3$84.82

    Advanced Oscillators

    TSI-8.39
    Ultimate Osc73.1
    KST-37.65

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$6.98B$8.40B$6.98B$7.82B$6.97B$7.78B$6.34B$7.27B$6.46B$6.65B$6.04B$6.98B
    Cost of Revenue$3.40B$4.50B$4.19B$3.52B$3.48B$4.03B$3.68B$3.32B$2.96B$3.40B$3.49B$3.23B
    Gross Profit$3.58B$3.90B$2.79B$4.30B$3.49B$3.74B$2.66B$3.95B$3.50B$3.24B$2.56B$3.75B
    Operating Expenses$1.80B$1.88B$1.87B$1.71B$1.73B$1.73B$1.60B$1.58B$1.57B$1.54B$1.35B$1.64B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$1.78B$2.02B$917.00M$2.59B$1.76B$2.01B$1.06B$2.37B$1.94B$1.70B$1.21B$2.11B
    Interest Income$214.00M$171.00M$134.00M$123.00M$90.00M$105.00M$0$89.00M$82.00M$103.00M$102.00M$98.00M
    Interest Expense$796.00M$778.00M$895.00M$755.00M$874.00M$714.00M$693.00M$692.00M$694.00M$665.00M$634.00M$620.00M
    Income Before Tax$1.38B$1.57B$196.00M$2.11B$1.14B$1.55B$0$1.91B$1.48B$1.29B$799.00M$1.73B
    Income Tax Expense$187.00M$228.00M$-145,000,000$404.00M$289.00M$280.00M$0$377.00M$290.00M$223.00M$4.00M$297.00M
    Net Income$1.19B$1.34B$341.00M$1.71B$853.00M$1.27B$534.00M$1.53B$1.19B$1.07B$795.00M$1.43B
    EBITDA$3.55B$3.75B$2.56B$4.31B$3.38B$3.57B$0$3.86B$3.40B$3.12B$2.62B$3.51B
    EBIT$1.96B$2.17B$957.00M$2.74B$1.93B$2.16B$0$2.52B$2.09B$1.86B$1.33B$2.25B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    NextEra Energy: I Sold It, I Want It Back, And This Is Not The Price

    Author exited NextEra, plans to repurchase at a predefined buy zone; stock trades roughly 10% below its 52-week high and sits near defensible fair value, so re-entry remains price- and risk-dependent Two-business structure...

    Glenn Ford
    •
    7/21/26
    •
    199
    Utilities, Dividend Growth
    Also mentions:
    DDUKSO

    News

    NEE Stock Falls Behind Industry in 3 Months: Should You Buy Now?

    NextEra Energy (NEE) shares have underperformed the Zacks Utility - Electric Power industry, the Zacks Utilities sector, and the S&P 500 over the past three months...

    TradingView•10/16/26•Neutral

    Better Dividend Stock for Retirees: Southern Company vs. AEP

    This article compares Southern Company (SO) and American Electric Power (AEP) as dividend stocks for retirees, highlighting their dividend yields, growth rates, payout ratios...

    TIKR.com•10/16/26•Neutral

    NextEra Energy stock: Morgan Stanley cuts target to USD 110.00 for NextEra Energy stock

    Morgan Stanley has lowered its price target for NextEra Energy (NEE) stock from $111.00 to $110.00, ahead of the company's third-quarter 2026 earnings release on October 21...

    ad-hoc-news.de•10/16/26•Somewhat-Bullish

    Dominion Energy stock: Evercore lifts target for Dominion Energy stock to USD 70.00

    Evercore has increased its price target for Dominion Energy (NYSE: D) stock from $67.00 to $70.00, suggesting a potential upside of 9.84% from its current trading price. The utility company is set to announce its...

    ad-hoc-news.de•10/16/26•Neutral

    Duke Energy’s Dividend Faces a $103 Billion Test. Here’s What Investors Should Know

    Duke Energy plans to invest $103 billion in infrastructure while simultaneously paying dividends, a balancing act that requires significant external financing as its capital spending has historically outpaced its...

    24/7 Wall St.•10/16/26•Neutral

    SO Valuation and Fair Value

    P/E
    19.2x
    Forward P/E
    17.0x
    EV/EBITDA
    12.2x
    P/FCF
    -28.7x
    PEG
    2.0x
    P/B
    2.4x
    See GNG's fair value

    SO Profitability: Margins, ROIC and FCF

    Gross margin
    48.3%
    Operating margin
    29.6%
    Net margin
    15.4%
    ROIC
    5.8%
    ROE
    11.5%
    FCF yield
    -3.5%

    SO Competitors

    CompanyTicker
    Centrais Electricas Brasileiras SAEBR
    Constellation Energy CorpCEG
    Nextera Energy IncNEE
    Duke Energy CorporationDUK
    National Grid PLC ADRNGG
    American Electric Power Co IncAEP
    Dominion Energy IncD
    Sempra EnergySRE

    Sector: Utilities

    SO Analyst Ratings

    Consensus
    Hold
    Analysts
    23
    Strong Buy
    1
    Buy
    6
    Hold
    14
    Sell
    2
    Strong Sell
    0

    SO Bull Case vs Bear Case

    Bull case

    • SO beat EPS estimates in 75.0% of its last 8 reported quarters.

    SO Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    4.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.65
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 0 down

    SO Dividend

    Forward yield
    3.5%
    Payout ratio
    45.8%
    3Y DPS growth
    2.9%
    5Y DPS growth
    3.0%
    Pay months
    Mar, Jun, Jul, Sep, Dec
    SO dividend history

    Frequently Asked Questions About SO

    What is SO's current dividend yield?

    Southern Company (SO) has a forward dividend yield of 3.45%.

    Does SO pay dividends?

    Yes, Southern Company pays dividends with a forward dividend yield of 3.45%.

    What is SO's P/E ratio?

    Southern Company has a price-to-earnings (P/E) ratio of 19.15.

    What is SO's market cap?

    Southern Company (SO) has a market capitalization of $104.89B with a current stock price of $88.11.

    Related stocks

    Sector: Utilities

    All stocks starting with S

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In