The stock of Southern Company (NYSE:SO) last traded at $83.87, up 0.81% from the previous session.
SO stock price is now -0.17% away from the 50-day moving average and -0.08% away from the 200-day moving average. The market capitalization of the company currently stands at $91.90B.
On September 20, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $94, while ‘Mizuho’ rates the stock as ‘Neutral’
In other news, Cummiskey Christopher, EVP & CCO sold 837 shares of the company’s stock on Feb 04 ’25. The stock was sold for $69,739 at an average price of $83.32. Upon completion of the transaction, the EVP & CCO now directly owns 22,502 shares in the company, valued at $1.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, Officer Cummiskey Christopher bought 837 shares of the business’s stock. A total of $69,739 was incurred on buying the stock at an average price of $83.32. A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, Southern Company has had a low of $65.80 and a high of $94.45. As of last week, the company has a debt-to-equity ratio of 1.95, a current ratio of 0.91, and a quick ratio of 0.63. According to the stock market information, the enterprise value for the company is $159566036992, which is based on a 19.54 price-to-earnings ratio, a 2.44 price-to-earnings-growth ratio, and a beta of 0.46. The fifty day moving average price for SO is $84.093 and a two-hundred day moving average price translates $83.8735 for the stock.
The latest earnings results from Southern Company (NYSE: SO) was released for 2024-09-30. The net profit margin was 17.87% and return on equity was 14.60% for SO. The company reported revenue of $7.27 billion for the quarter, compared to $6.98 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.21 percent.