In Thursday’s Wall Street session, Southern Company (NYSE:SO) shares traded at $89.97, up 0.41% from the previous session.
SO stock price is now 4.12% away from the 50-day moving average and 4.97% away from the 200-day moving average. The market capitalization of the company currently stands at $98.68B.
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, Greene Kimberly S,, Chairman, President & CEO, GPC sold 32,190 shares of the company’s stock on Mar 10 ’25. The stock was sold for $2,997,533 at an average price of $93.12. Upon completion of the transaction, the Chairman, President & CEO, GPC now directly owns 106,819 shares in the company, valued at $9.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Officer Greene Kimberly S, bought 32,190 shares of the business’s stock. A total of $2,997,582 was incurred on buying the stock at an average price of $93.12. A total of 0.21% of the company’s stock is owned by insiders.
During the past 12 months, Southern Company has had a low of $67.53 and a high of $94.45. As of last week, the company has a debt-to-equity ratio of 2.00, a current ratio of 0.67, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $167352287232, which is based on a 22.55 price-to-earnings ratio, a 3.43 price-to-earnings-growth ratio, and a beta of 0.39. The fifty day moving average price for SO is $86.4104 and a two-hundred day moving average price translates $85.711 for the stock.
The latest earnings results from Southern Company (NYSE: SO) was released for 2024-12-31. The net profit margin was 16.47% and return on equity was 13.61% for SO. The company reported revenue of $6.34 billion for the quarter, compared to $6.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.9 percent.
