Southern Company (NYSE: SO) is -0.33% lower on its value in year-to-date trading and has touched a low of $65.80 and a high of $94.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SO stock was last observed hovering at around $81.87 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $82.05, the stock is -0.31% and -3.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.69 million and changing 0.22% at the moment leaves the stock -1.04% off its SMA200. SO registered 16.25% gain for a year compared to 6-month gain of 2.50%. The firm has a 50-day simple moving average (SMA 50) of $85.478 and a 200-day simple moving average (SMA200) of $82.85735.
The stock witnessed a -1.44% loss in the last 1 month and extending the period to 3 months gives it a -7.77%, and is 1.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.70% over the week and 1.54% over the month.
Southern Company (SO) has around 28100 employees, a market worth around $89.90B and $26.43B in sales. Current P/E ratio is 19.11 and Fwd P/E is 19.00. Profit margin for the company is 17.87%. Distance from 52-week low is 24.70% and -13.13% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
with sales reaching $6.31B over the same period.The EPS is expected to grow by 10.70% this year, but quarterly earnings will post 5.25% year-over-year. Quarterly sales are estimated to grow 4.36% in year-over-year returns.
Southern Company (SO) Top Institutional Holders
2393.0 institutions hold shares in Southern Company (SO), with institutional investors hold 70.78% of the company’s shares. The shares outstanding are 1.10B, and float is at 1.09B with Short Float at 1.68%. Institutions hold 70.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 100.76 million shares valued at $7.82 billion. The investor’s holdings represent 9.2106% of the SO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 77.69 million shares valued at $6.03 billion to account for 7.1015 of the shares outstanding. The other top investors are STATE STREET CORP which holds 57.38 million shares representing 5.2452% and valued at over $4.45 billion, while JPMORGAN CHASE & CO holds 3.6423 of the shares totaling 39.92 million with a market value of $3.1 billion.
Southern Company (SO) Insider Activity
The most recent transaction is an insider sale by DAVIS MARTIN BERNARD, the company’s EVP and CIO. SEC filings show that DAVIS MARTIN BERNARD sold 1,170 shares of the company’s common stock on Dec 05 ’24 at a price of $85.90 per share for a total of $0.1 million. Following the sale, the insider now owns 88393.0 shares.
Southern Company disclosed in a document filed with the SEC on Dec 05 ’24 that WOMACK CHRISTOPHER C (CEO, President and Chairman) sold a total of 14,000 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $86.18 per share for $1.21 million. Following the transaction, the insider now directly holds 73911.0 shares of the SO stock.
Still, SEC filings show that on Dec 05 ’24, WOMACK CHRISTOPHER C (Officer) Proposed Sale 14,000 shares at an average price of $86.18 for $1.21 million. The insider now directly holds shares of Southern Company (SO).
