The Southern Company

NYSE:SO Stock Report

Market Cap: US$91.1b

Southern Future Growth

Future criteria checks 1/6

Southern is forecast to grow earnings and revenue by 5.6% and 3.7% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 14.4% in 3 years.

Key information

5.6%

Earnings growth rate

4.8%

EPS growth rate

Electric Utilities earnings growth9.5%
Revenue growth rate3.7%
Future return on equity14.4%
Analyst coverage

Good

Last updated23 Dec 2024

Recent future growth updates

The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 06
The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden

Dec 11
Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden

Southern (NYSE:SO) Hasn't Managed To Accelerate Its Returns

Nov 28
Southern (NYSE:SO) Hasn't Managed To Accelerate Its Returns

Southern Company: One Of The Best Utilities At A Lofty Price

Nov 01

Here's Why We Think Southern (NYSE:SO) Might Deserve Your Attention Today

Oct 28
Here's Why We Think Southern (NYSE:SO) Might Deserve Your Attention Today

Southern Company Could Be Dead Money For The Foreseeable Future

Oct 08

The Southern Company's (NYSE:SO) Shares May Have Run Too Fast Too Soon

Sep 30
The Southern Company's (NYSE:SO) Shares May Have Run Too Fast Too Soon

The Southern Company: Time To Lock In Gains

Sep 28

Is Southern (NYSE:SO) Using Too Much Debt?

Sep 02
Is Southern (NYSE:SO) Using Too Much Debt?

Returns On Capital At Southern (NYSE:SO) Have Stalled

Aug 21
Returns On Capital At Southern (NYSE:SO) Have Stalled

The AI Factor: Southern Company's Pricey Power Play

Aug 19

Do Southern's (NYSE:SO) Earnings Warrant Your Attention?

Jul 28
Do Southern's (NYSE:SO) Earnings Warrant Your Attention?

Why Southern Company Will Beat Guidance

Jul 09

The Southern Company Electric Utility Generates 3.7% Yield

Jul 02

Subdued Growth No Barrier To The Southern Company's (NYSE:SO) Price

Jun 23
Subdued Growth No Barrier To The Southern Company's (NYSE:SO) Price

The Southern Company: A Premium Valuation With Lukewarm Growth

May 24

The Southern Company (NYSE:SO) Shares Could Be 31% Above Their Intrinsic Value Estimate

May 22
The Southern Company (NYSE:SO) Shares Could Be 31% Above Their Intrinsic Value Estimate

The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 06
The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?

Apr 18
Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?

Returns Are Gaining Momentum At Southern (NYSE:SO)

Mar 24
Returns Are Gaining Momentum At Southern (NYSE:SO)

Southern Company: How One Of The Best Utilities Could Return Over 10% Per Year

Mar 13

Southern (NYSE:SO) Use Of Debt Could Be Considered Risky

Mar 11
Southern (NYSE:SO) Use Of Debt Could Be Considered Risky

Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?

Feb 13
Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?

The Southern Company: Onboarding New Nuclear Plants

Feb 09

Southern Company: It's Almost Time To Buy This Proven 4%-Yielding Utility

Jan 25

The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable

Jan 15
The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable

Southern Company: The Pros And Cons Of A Stock And Bond Investment

Dec 21

The Southern Company: A Solid Company, But Still Overvalued

Nov 16

4%-Yielding Southern Company Is A Utility Gem

Nov 03

Southern Company: Hold This Stock For Stable Dividend Yield

Oct 11

Southern Company Looks Interesting Yielding Over 4%, Down 19% From Its Highs

Sep 29

Southern Company: Long-Term Buy For One Of The Sector's Best Regulatory Profiles

Aug 04

Even With End Of The Vogtle Saga, Southern Co. Is A Hold

Jun 26

Southern Company: A Solid Company With Bright Future, But Overvalued

May 23

Southern Company prices $1.5B in principal amount of convertible senior notes

Feb 24

The Southern Company Q4 2022 Earnings Preview

Feb 15

Earnings and Revenue Growth Forecasts

NYSE:SO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202628,5105,1251,00210,91313
12/31/202527,3464,7751,12810,71314
12/31/202426,5734,4276789,74413
9/30/202426,4284,7225899,428N/A
6/30/202426,1344,608-5398,652N/A
3/31/202425,4194,243-1,0948,020N/A
12/31/202325,2533,976-1,6417,553N/A
9/30/202326,2553,034-2,1477,025N/A
6/30/202327,6533,085-3,1755,623N/A
3/31/202329,1113,354-2,9905,554N/A
12/31/202229,2793,524-1,8116,302N/A
9/30/202227,9993,396-1,8046,105N/A
6/30/202225,8593,024-6456,844N/A
3/31/202223,8512,290-9366,519N/A
12/31/202123,1132,393-1,6056,169N/A
9/30/202122,4632,995-9586,557N/A
6/30/202121,8453,147-1,1046,753N/A
3/31/202121,2673,386-7607,044N/A
12/31/202020,3753,119-1,0376,696N/A
9/30/202020,1723,173-1,6176,120N/A
6/30/202020,5473,237-1,4196,115N/A
3/31/202021,0253,523-1,7385,931N/A
12/31/201921,4194,739-2,0085,781N/A
9/30/201921,8424,576-1,5516,242N/A
6/30/201922,0064,424-1,6046,200N/A
3/31/201922,5353,372-1,8596,180N/A
12/31/201823,4952,226-1,2426,945N/A
9/30/201823,7862,443-1,4426,727N/A
6/30/201823,8282,349N/A6,911N/A
3/31/201823,6321,122N/A7,007N/A
12/31/201723,031842N/A6,394N/A
9/30/201722,584544N/A5,849N/A
6/30/201722,647613N/A5,495N/A
3/31/201721,6752,617N/A4,912N/A
12/31/201619,8962,448N/A4,894N/A
9/30/201618,2832,522N/A5,482N/A
6/30/201617,4202,341N/A6,307N/A
3/31/201617,2982,348N/A6,239N/A
12/31/201517,4892,367N/A6,274N/A
9/30/201517,9382,379N/A6,216N/A
6/30/201517,8762,139N/A5,852N/A
3/31/201518,0062,120N/A5,625N/A
12/31/201418,4671,963N/A5,815N/A
9/30/201418,3772,094N/A6,373N/A
6/30/201418,0552,228N/A6,220N/A
3/31/201417,8341,914N/A6,463N/A
12/31/201317,0871,644N/A6,097N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SO's forecast earnings growth (5.6% per year) is above the savings rate (2.6%).

Earnings vs Market: SO's earnings (5.6% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: SO's earnings are forecast to grow, but not significantly.

Revenue vs Market: SO's revenue (3.7% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: SO's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SO's Return on Equity is forecast to be low in 3 years time (14.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 03:57
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Southern Company is covered by 41 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Nathan JudgeAtlantic Equities LLP
Daniel FordBarclays