Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Company profile
Ticker
SO, SOJC, SOJD, SOJE
Exchange
Website
CEO
Thomas Fanning
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Alabama Power Company • Alabama Property Company • Southern Electric Generating Company • Georgia Power Company • Piedmont-Forrest Corporation • Mississippi Power Company • Southern Power Company • SP Deuel Harvest Wind Energy • SP Deuel Harvest Wind Energy Holdings, LLC • Deuel Harvest Wind Energy Holdings, LLC ...
IRS number
580690070
SO stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
SD
Conflict minerals disclosure
22 May 24
DEFA14A
Additional proxy soliciting materials
14 May 24
8-K
Departure of Directors or Certain Officers
13 May 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
9 May 24
8-K
Southern Company announces upsize and pricing of $1.3 billion in aggregate
7 May 24
8-K
Southern Company announces offering of $1.1 billion in aggregate principal
6 May 24
424B2
Prospectus for primary offering
3 May 24
8-K
Other Events
3 May 24
S-8
Registration of securities for employees
3 May 24
Transcripts
SO
Earnings call transcript
2024 Q1
2 May 24
SO
Earnings call transcript
2023 Q4
15 Feb 24
SO
Earnings call transcript
2023 Q3
2 Nov 23
SO
Earnings call transcript
2023 Q2
3 Aug 23
SO
Earnings call transcript
2023 Q1
27 Apr 23
SO
Earnings call transcript
2022 Q4
16 Feb 23
SO
Earnings call transcript
2022 Q3
27 Oct 22
SO
Earnings call transcript
2022 Q2
28 Jul 22
SO
Earnings call transcript
2022 Q1
28 Apr 22
SO
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm |
Cash burn (monthly) | 323.00 mm | 93.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.65 bn | 474.58 mm | n/a | n/a | n/a | n/a |
Cash remaining | -727.29 mm | 446.42 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.3 | 4.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
63.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1733 |
Opened positions | 339 |
Closed positions | 146 |
Increased positions | 602 |
Reduced positions | 557 |
13F shares | Current |
---|---|
Total value | 46.45 tn |
Total shares | 691.92 mm |
Total puts | 2.05 mm |
Total calls | 4.88 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 100.09 mm | $7.18 tn |
BLK Blackrock | 77.71 mm | $5.57 tn |
STT State Street | 57.75 mm | $4.14 tn |
FMR | 33.01 mm | $2.37 tn |
JPM JPMorgan Chase & Co. | 30.17 mm | $2.16 tn |
Massachusetts Financial Services | 26.32 mm | $1.89 tn |
Capital International Investors | 23.99 mm | $1.72 tn |
T. Rowe Price | 23.89 mm | $1.71 bn |
Geode Capital Management | 22.18 mm | $1.59 tn |
BEN Franklin Resources | 16.93 mm | $1.21 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 24 | II James Y Kerr, | Southern Company Common Stock | Gift | Dispose G | No | No | 0 | 17,000 | 0.00 | 175,088 |
2 May 24 | Kimberly S, Greene | Southern Company Common Stock | Sell | Dispose S | No | No | 75.01 | 10,874 | 815.66 k | 110,630 |
1 May 24 | Kimberly S, Greene | Southern Company Common Stock | Sell | Dispose S | No | No | 75.04 | 9,126 | 684.82 k | 121,504 |
1 Apr 24 | Akella Janaki | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 71.1 | 597.75 | 42.50 k | 15,469.659 |
1 Apr 24 | Clark Henry A III | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 71.1 | 1,019.691 | 72.50 k | 65,356.934 |
News
B of A Securities Maintains Neutral on Southern, Raises Price Target to $79
31 May 24
Morgan Stanley Maintains Equal-Weight on Southern, Raises Price Target to $74
28 May 24
Marjorie Taylor Greene Loads Up Her Portfolio With Apple, AMD And These Defensive Securities Amid Market's Record Run
22 May 24
These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
17 May 24
Argus Research Maintains Buy on Southern, Raises Price Target to $90
15 May 24
Press releases
Pete Sena to succeed Stephen Kuczynski as chairman and CEO of Southern Nuclear
13 May 24
Southern Company announces upsize and pricing of $1.3 billion in aggregate principal amount of Series 2024A 4.50% Convertible Senior Notes due June 15, 2027
6 May 24
Southern Company announces offering of $1.1 billion in aggregate principal amount of Convertible Senior Notes due June 15, 2027
6 May 24
Southern Company reports first-quarter 2024 earnings
2 May 24
Southern Power's South Cheyenne Solar Facility in Wyoming is now operational
30 Apr 24