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Southern Co Stock Research

SO

68.24USD-0.35(-0.51%)Market Closed

Market Summary

USD68.24-0.35
Market Closed
-0.51%

SO Alerts

SO Stock Price

SO RSI Chart

SO Valuation

Market Cap

72.2B

Price/Earnings (Trailing)

21.06

Price/Sales (Trailing)

2.47

EV/EBITDA

12.04

Price/Free Cashflow

-44.53

SO Price/Sales (Trailing)

SO Profitability

EBT Margin

14.42%

Return on Equity

11.27%

Return on Assets

2.54%

Free Cashflow Yield

-2.25%

SO Fundamentals

SO Revenue

Revenue (TTM)

29.3B

Revenue Y/Y

22.2%

Revenue Q/Q

-15.89%

SO Earnings

Earnings (TTM)

3.4B

Earnings Y/Y

38.8%

Earnings Q/Q

-112.43%

Price Action

52 Week Range

58.8580.57
(Low)(High)

Last 7 days

-0.4%

Last 30 days

5.7%

Last 90 days

-5.6%

Trailing 12 Months

-1.0%

SO Financial Health

Current Ratio

0.66

Debt/Equity

1.67

Debt/Cashflow

0.12

SO Investor Care

Dividend Yield

4.05%

Dividend/Share (TTM)

2.7

Shares Dilution (1Y)

1.98%

Diluted EPS (TTM)

3.26

Peers (Alternatives to Southern)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
149.9B
21.0B
4.12% -8.71%
36.15
7.15
22.77% 16.06%
72.9B
28.8B
-2.30% -9.81%
29.7
2.53
16.84% -31.41%
72.2B
29.3B
5.70% -1.01%
21.06
2.47
26.68% 48.46%
26.2B
17.2B
-0.15% 2.93%
31.79
1.52
15.53% -10.92%
22.3B
12.5B
-1.93% -10.38%
55
1.79
11.92% -68.36%
MID-CAP
8.7B
4.3B
5.31% 5.42%
17.47
2.02
13.68% -21.25%
7.4B
31.5B
-3.99% -10.52%
6.07
0.23
16.87% -44.17%
7.0B
3.4B
-3.29% -7.32%
10.57
2.08
-7.61% -9.71%
5.2B
1.6B
1.27% -5.27%
20.07
3.16
12.75% 5.47%
4.0B
3.7B
-7.33% -7.15%
16.56
1.08
31.28% -2.03%
2.2B
620.7M
-2.88% 13.52%
29.73
3.54
8.19% 22.07%
SMALL-CAP
1.3B
162.4M
-8.46% -24.95%
30.74
8.03
13.48% 16.11%
864.1M
563.2M
-0.31% 14.18%
20.87
1.53
18.99% 14.68%
278.1M
315.5M
8.53% 89.87%
2.8
0.76
-13.25% 200.56%

Financials for Southern

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.6%29,27927,99925,85923,85123,113
Costs and Expenses3.5%23,90923,09821,42820,36719,415
EBITDA3.2%10,0459,7319,1628,156-
EBITDA Margin-1.3%0.34*0.35*0.34*0.36*-
Earnings Before Taxes8.5%4,2233,8923,4732,4442,576
EBT Margin3.8%0.14*0.14*0.10*0.11*-
Interest Expenses1.9%1,7581,7261,6701,7141,718
Net Income4.8%3,4283,2712,9002,1652,309
Net Income Margin0.2%0.12*0.12*0.09*0.10*-
Free Cahsflow8.0%-1,621-1,761-225-462-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.7%134,891134,005130,769128,639127,534
  Current Assets0.5%10,41610,3639,7819,2978,965
    Cash Equivalents-4.6%1,9172,0091,7241,6621,798
  Net PPE1.1%94,57093,52992,82291,79091,108
  Goodwill-2.3%5,1615,2805,2805,2805,280
Liabilities2.1%100,35998,28797,51495,71994,967
  Current Liabilities22.8%15,72412,80111,48710,43410,921
.    Short Term Borrowings86.6%2,6091,3982,5102,3301,440
  Long Term Debt0.5%50,65650,42751,20450,63350,120
Shareholder's Equity-14.3%30,40835,47633,01332,62927,874
  Retained Earnings5.6%11,53810,929---
  Additional Paid-In Capital14.4%13,67311,950---
Accumulated Depreciation1.1%35,29734,92235,20334,64534,079
Shares Outstanding1.6%1,0821,0651,063--
Minority Interest-6.3%4,1244,402---
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations3.2%6,3026,1056,8446,5196,169
Cashflow From Investing-13.1%-8,430-7,455-6,787-6,665-7,353
Cashflow From Financing85.1%2,3361,26261.0018.001,945
  Dividend Payments1.4%2,9072,8662,8252,8012,777

Risks for SO

What is the probability of a big loss on SO?

29.6%


Probability that Southern stock will be more than 20% underwater in next one year

19.2%


Probability that Southern stock will be more than 30% underwater in next one year.

0%


Probability that Southern stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Southern was unfortunately bought at previous high price.

Drawdowns

Returns for SO

Cumulative Returns on SO

8.5%


10-Year Cumulative Returns

8.9%


7-Year Cumulative Returns

13.5%


5-Year Cumulative Returns

10.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SO?

FIve years rolling returns for Southern.

Annualized Returns

Which funds bought or sold SO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
added
0.77
1,117,100
20,302,100
0.16%
2023-03-22
Campion Asset Management
reduced
-4.21
2,262
365,262
0.36%
2023-03-17
American Portfolios Advisors
reduced
-4.03
-107,013
1,154,670
0.05%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
3.56
311,637
3,888,640
0.11%
2023-03-13
Claro Advisors LLC
added
75.02
631,167
1,469,170
0.48%
2023-03-10
MATHER GROUP, LLC.
added
1.45
66,619
1,085,620
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
3.8
11,154,900
134,978,000
0.15%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
added
3.54
89,517
1,111,520
0.17%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-14.83
-55,579
791,421
0.06%
2023-03-06
OLD MISSION CAPITAL LLC
new
-
317,274
317,274
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying SO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SO
No. of Funds

Southern News

MarketWatch

Southern Co. stock outperforms market on strong trading day.

MarketWatch,
29 minutes ago

The Southern Star

The Durango Herald

The San Diego Union-Tribune

Scott County Times

Marketscreener.com

Alabama Power announces leadership changes.

Marketscreener.com,
27 hours ago

The New York Times

Schedule 13G FIlings of Southern

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
5.5%
60,188,724
SC 13G
Feb 09, 2023
vanguard group inc
8.99%
97,914,225
SC 13G/A
Jan 31, 2023
blackrock inc.
7.4%
80,958,615
SC 13G/A
Feb 09, 2022
vanguard group inc
8.56%
90,764,249
SC 13G/A
Feb 08, 2022
blackrock inc.
7.2%
76,012,798
SC 13G/A
Feb 16, 2021
state street corp
4.95%
52,288,073
SC 13G/A
Feb 10, 2021
vanguard group inc
8.46%
89,404,302
SC 13G/A
Feb 05, 2021
blackrock inc.
7.0%
73,813,509
SC 13G/A
Feb 14, 2020
state street corp
5.46%
57,289,345
SC 13G
Feb 12, 2020
vanguard group inc
8.63%
90,580,750
SC 13G/A

SO Fair Value

Southern fair value in different scenarios

The table shows the Fair Value estimates for Southern for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

34.49

-49.46%

45.17

-33.81%

62.68

-8.15%

85.32

25.03%

108.70

59.29%
Current Inflation

37.77

-44.65%

44.86

-34.26%

69.84

2.34%

98.17

43.86%

129.43

89.67%
Very High Inflation

29.02

-57.47%

36.30

-46.81%

47.20

-30.83%

62.36

-8.62%

77.63

13.76%

Historical Southern Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Southern

View All Filings
Date Filed Form Type Document
Mar 15, 2023
3
Insider Trading
Mar 02, 2023
3/A
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 01, 2023
8-K
Current Report
Feb 24, 2023
8-K
Current Report
Feb 23, 2023
8-K
Current Report
Feb 17, 2023
4
Insider Trading
Feb 16, 2023
10-K
Annual Report
Feb 16, 2023
8-K
Current Report
Feb 15, 2023
4
Insider Trading

Latest Insider Trading transactions for SO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
DAVIS MARTIN BERNARD
sold
-100,143
62.55
-1,601
evp and cio
2023-02-16
Cummiskey Christopher
sold
-85,381
66.6
-1,282
evp & cccs officer
2023-02-13
Connally Stan W
sold (taxes)
-998,156
67.13
-14,869
executive vice president, scs
2023-02-13
Wilson Anthony L
acquired
-
-
19,311
president & ceo, mpc
2023-02-13
Wilson Anthony L
sold (taxes)
-620,617
67.13
-9,245
president & ceo, mpc
2023-02-13
Greene Kimberly S,
acquired
-
-
40,274
chairman, president & ceo, gas
2023-02-13
Anderson Bryan D
acquired
-
-
6,883
evp & pres. external affairs
2023-02-13
WOMACK CHRISTOPHER C
acquired
-
-
26,696
president, gpc
2023-02-13
Kerr, II James Y
sold (taxes)
-1,207,060
67.13
-17,981
evp, chief legal officer & cco
2023-02-13
Kuczynski Stephen E
acquired
-
-
44,233
pres. & ceo, southern nuclear

1–10 of 50

About Southern

SO Income Statement

2022-12-31
Consolidated Statements of Income - Southern - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues:   
Total operating revenues$ 29,279$ 23,113$ 20,375
Operating Expenses:   
Other operations and maintenance6,6306,0885,413
Depreciation and amortization3,6633,5653,518
Taxes other than income taxes1,4111,2901,234
Estimated loss on Plant Vogtle Units 3 and 41831,692325
Impairment charges25120
Gain on dispositions, net(57)(186)(65)
Total operating expenses23,90919,41515,490
Operating Income5,3703,6984,885
Other Income and (Expense):   
Allowance for equity funds used during construction224190149
Earnings from equity method investments15176153
Interest expense, net of amounts capitalized(2,022)(1,837)(1,821)
Impairment of leveraged leases0(7)(206)
Other income (expense), net500456336
Total other income and (expense)(1,147)(1,122)(1,389)
Earnings Before Income Taxes4,2232,5763,496
Income taxes (benefit)795267393
Net Income3,4282,3093,103
Dividends on preferred stock of subsidiaries111515
Net loss attributable to noncontrolling interests(107)(99)(31)
Consolidated Net Income$ 3,524$ 2,393$ 3,119
Earnings per share —   
Basic (in dollars per share)$ 3.28$ 2.26$ 2.95
Diluted (in dollars per share)$ 3.26$ 2.24$ 2.93
Average number of shares of common stock outstanding — (in millions)   
Basic (in shares)1,0751,0611,058
Diluted (in shares)1,0811,0681,065
Retail electric revenues   
Operating Revenues:   
Total operating revenues$ 18,197$ 14,852$ 13,643
Wholesale electric revenues   
Operating Revenues:   
Total operating revenues3,6412,4551,945
Other electric revenues   
Operating Revenues:   
Total operating revenues747718672
Natural Gas   
Operating Revenues:   
Total operating revenues5,9624,3803,434
Natural gas   
Operating Expenses:   
Cost of sales3,0041,619972
Other revenues   
Operating Revenues:   
Total operating revenues732708681
Operating Expenses:   
Cost of sales396357327
Fuel   
Operating Expenses:   
Cost of sales6,8354,0102,967
Purchased power   
Operating Expenses:   
Cost of sales$ 1,593$ 978$ 799

SO Balance Sheet

2022-12-31
Consolidated Balance Sheets - Southern - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 1,917$ 1,798
Receivables —  
Customer accounts2,1381,806
Unbilled revenues1,012711
Other accounts and notes637523
Accumulated provision for uncollectible accounts(71)(78)
Materials and supplies1,6641,543
Fossil fuel for generation575450
Natural gas for sale438362
Prepaid expenses347330
Assets from risk management activities, net of collateral115151
Regulatory assets – asset retirement obligations332219
Natural gas cost under recovery108266
Other regulatory assets860653
Other current assets344231
Total current assets10,4168,965
Property, Plant, and Equipment:  
In service117,529115,592
Less: Accumulated depreciation35,29734,079
Plant in service, net of depreciation82,23281,513
Other utility plant, net5990
Nuclear fuel, at amortized cost843824
Construction work in progress10,8968,771
Total property, plant, and equipment94,57091,108
Other Property and Investments:  
Goodwill5,1615,280
Nuclear decommissioning trusts, at fair value2,1452,542
Equity investments in unconsolidated subsidiaries1,4431,282
Other intangible assets, net of amortization406445
Miscellaneous property and investments602653
Total other property and investments9,75710,202
Deferred Charges and Other Assets:  
Operating lease right-of-use assets, net of amortization1,5311,701
Deferred charges related to income taxes866824
Prepaid pension costs2,2901,657
Unamortized loss on reacquired debt238258
Deferred under recovered fuel clause revenues2,056410
Regulatory assets – asset retirement obligations, deferred5,7645,466
Other regulatory assets, deferred5,9185,577
Other deferred charges and assets1,4851,366
Total deferred charges and other assets20,14817,259
Total Assets134,891127,534
Current Liabilities:  
Securities due within one year4,2852,157
Notes payable2,6091,440
Accounts payable3,5252,169
Customer deposits502479
Accrued taxes —  
Accrued income taxes6050
Other accrued taxes764641
Accrued interest614533
Accrued compensation1,1271,070
Asset retirement obligations694697
Operating lease obligations197250
Other regulatory liabilities382563
Other current liabilities965872
Total current liabilities15,72410,921
Long-Term Debt50,65650,120
Deferred Credits and Other Liabilities:  
Accumulated deferred income taxes10,0368,862
Deferred credits related to income taxes5,2355,401
Accumulated deferred ITCs2,1332,216
Employee benefit obligations1,2381,550
Operating lease obligations, deferred1,3881,503
Asset retirement obligations, deferred10,14610,990
Other cost of removal obligations1,9032,103
Other regulatory liabilities, deferred733485
Other deferred credits and liabilities1,167816
Total deferred credits and other liabilities33,97933,926
Total Liabilities100,35994,967
Cumulative preferred stock  
Redeemable preferred stock0291
Common Stockholders' Equity:  
Common stock5,4175,279
Paid-in capital13,67311,950
Treasury, at cost(53)(47)
Retained earnings (accumulated deficit)11,53810,929
Accumulated other comprehensive loss(167)(237)
Total common stockholders' equity30,40827,874
Noncontrolling Interests4,1244,402
Total Stockholders' Equity (See accompanying statements)34,53232,276
Total Liabilities and Stockholders' Equity134,891127,534
Commitments and Contingent Matters
Redeemable Preferred Stock, $100 par or stated value  
Cumulative preferred stock  
Redeemable preferred stock048
Redeemable Preferred Stock, $1 par value  
Cumulative preferred stock  
Redeemable preferred stock$ 0$ 243