Southern Future Growth

Future criteria checks 1/6

Southern is forecast to grow earnings and revenue by 6.6% and 4.9% per annum respectively. EPS is expected to grow by 5.7% per annum. Return on equity is forecast to be 14.1% in 3 years.

Key information

6.6%

Earnings growth rate

5.7%

EPS growth rate

Electric Utilities earnings growth9.1%
Revenue growth rate4.9%
Future return on equity14.1%
Analyst coverage

Good

Last updated03 May 2024

Recent future growth updates

Recent updates

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

Returns At Southern (NYSE:SO) Appear To Be Weighed Down

Dec 13
Returns At Southern (NYSE:SO) Appear To Be Weighed Down

The Southern Company: A Solid Company, But Still Overvalued

Nov 16

4%-Yielding Southern Company Is A Utility Gem

Nov 03

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price

Nov 02
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price

Southern Company: Hold This Stock For Stable Dividend Yield

Oct 11

Southern (NYSE:SO) Seems To Be Using A Lot Of Debt

Oct 06
Southern (NYSE:SO) Seems To Be Using A Lot Of Debt

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

Sep 29

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

Sep 08
Returns On Capital At Southern (NYSE:SO) Have Stalled

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

Aug 04

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price

Jul 24
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price

We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt

Jun 26
We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt

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

Jun 26

Returns Are Gaining Momentum At Southern (NYSE:SO)

May 30
Returns Are Gaining Momentum At Southern (NYSE:SO)

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

May 23

Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?

Mar 20
Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?

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

Mar 06
Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden

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

Feb 24

Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue

Feb 20
Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue

The Southern Company Q4 2022 Earnings Preview

Feb 15

Southern Company: Favorable Outlook For 2023

Feb 09

Southern CO declares $0.68 dividend

Jan 20

Southern Company snags upgrade from Wolfe to top rating

Dec 12

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 62% Above Its Share Price

Dec 12
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 62% Above Its Share Price

Is Southern (NYSE:SO) A Risky Investment?

Nov 27
Is Southern (NYSE:SO) A Risky Investment?

Southern Company: Solid Dividend Stock That Will Likely Hold Up Well During Recession

Nov 10

Southern CO declares $0.68 dividend

Oct 18

Southern Company: Hold Until Interest Rates Peak

Oct 07

What Makes Southern Company's High Yield So Special

Sep 05

These 4 Measures Indicate That Southern (NYSE:SO) Is Using Debt Extensively

Aug 23
These 4 Measures Indicate That Southern (NYSE:SO) Is Using Debt Extensively

Earnings and Revenue Growth Forecasts

NYSE:SO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202629,1835,06999810,46213
12/31/202528,3064,7571,12310,08113
12/31/202426,9334,4036769,63415
3/31/202425,4194,243-1,0948,020N/A
12/31/202325,2533,976-1,6417,553N/A
9/30/202326,2553,035-2,1477,025N/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
6/30/201823,8282,349-1,1406,911N/A
3/31/201823,6321,122-9547,007N/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
9/30/201316,8631,613N/A5,265N/A
6/30/201316,8951,737N/A5,088N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SO's forecast earnings growth (6.6% per year) is above the savings rate (2.4%).

Earnings vs Market: SO's earnings (6.6% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: SO's revenue (4.9% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: SO's revenue (4.9% 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 (14.1%).


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