Southern Company (NYSE: SO) is 9.45% higher on its value in year-to-date trading and has touched a low of $67.53 and a high of $94.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SO stock was last observed hovering at around $92.96 in the last trading session, with the day’s loss setting it -2.86%.
Currently trading at $90.10, the stock is 1.67% and 5.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.76 million and changing -3.08% at the moment leaves the stock 5.63% off its SMA200. SO registered 30.11% gain for a year compared to 6-month loss of 1.91%.
The stock witnessed a 6.53% gain in the last 1 month and extending the period to 3 months gives it a 4.54%, and is 0.23% 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 2.73% over the week and 2.18% over the month.
Southern Company (SO) has around 28600 employees, a market worth around $98.82B and $26.72B in sales. Current P/E ratio is 22.58 and Fwd P/E is 19.67. Profit margin for the company is 16.47%. Distance from 52-week low is 33.42% and -4.61% from its 52-week high. The company has generated returns on investments over the last 12 months (4.72%).
with sales reaching $7.17B over the same period.The EPS is expected to grow by 5.99% this year, but quarterly earnings will post 2.83% year-over-year. Quarterly sales are estimated to grow 7.89% in year-over-year returns.
Southern Company (SO) Top Institutional Holders
The shares outstanding are 1.10B, and float is at 1.09B with Short Float at 1.70%.
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 Greene Kimberly S, the company’s Chairman, President & CEO, GPC. SEC filings show that Greene Kimberly S, sold 32,190 shares of the company’s common stock on Mar 10 ’25 at a price of $93.12 per share for a total of $3.0 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Mar 03 ’25, WOMACK CHRISTOPHER C (Chairman, President & CEO) disposed off 24,407 shares at an average price of $90.13 for $2.2 million. The insider now directly holds 87,721 shares of Southern Company (SO).
