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
IRS number
580690070
SO stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
PRE 14A
Preliminary proxy
1 Apr 24
8-K
Other Events
28 Feb 24
424B2
Prospectus for primary offering
27 Feb 24
424B2
Prospectus for primary offering
27 Feb 24
FWP
Free writing prospectus
26 Feb 24
FWP
Free writing prospectus
26 Feb 24
424B5
Prospectus supplement for primary offering
26 Feb 24
Transcripts
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
SO
Earnings call transcript
2021 Q3
4 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn |
Cash burn (monthly) | 118.00 mm | 10.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 780.79 mm | 67.82 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.11 bn | 1.82 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 9.4 | 177.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
48.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1516 |
Opened positions | 187 |
Closed positions | 342 |
Increased positions | 543 |
Reduced positions | 588 |
13F shares | Current |
---|---|
Total value | 33.50 tn |
Total shares | 525.96 mm |
Total puts | 1.59 mm |
Total calls | 462.16 k |
Total put/call ratio | 3.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 99.61 mm | $6.98 tn |
STT State Street | 63.61 mm | $4.46 tn |
FMR | 36.30 mm | $2.55 tn |
T. Rowe Price | 29.90 mm | $2.10 bn |
Massachusetts Financial Services | 25.42 mm | $1.78 tn |
JPM JPMorgan Chase & Co. | 19.52 mm | $1.37 tn |
Capital International Investors | 16.44 mm | $1.15 tn |
BEN Franklin Resources | 15.66 mm | $1.10 tn |
NTRS Northern Trust | 10.71 mm | $750.78 bn |
LGEN Legal & General | 10.67 mm | $748.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
1 Apr 24 | Shantella E. Cooper | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 71.1 | 1,019.691 | 72.50 k | 24,080.051 |
1 Apr 24 | Anthony F Earley JR | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 71.1 | 966.948 | 68.75 k | 23,414.806 |
1 Apr 24 | Grain David J | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 71.1 | 1,142.757 | 81.25 k | 73,000.018 |
News
Barclays Maintains Equal-Weight on Southern, Raises Price Target to $66
15 Apr 24
UBS Downgrades Southern to Neutral, Lowers Price Target to $76
4 Apr 24
Historic S&P 500 Rally In Q1 Flashes Bullish Signals For 2024: 'Only The Ninth Time Since 1940'
2 Apr 24
Domino's Pizza To Rally Over 11%? Here Are 10 Top Analyst Forecasts For Tuesday
2 Apr 24
Mizuho Maintains Buy on Southern, Raises Price Target to $76
2 Apr 24
Press releases
Give Old Electronics a New Life with Georgia Natural Gas and Lenox Square at Annual Earth Day Recycling Drive
16 Apr 24
Georgia Power highlights training programs and career opportunities during Lineworker Appreciation Month
4 Apr 24
Georgia Power highlights training programs and career opportunities during Lineworker Appreciation Month
4 Apr 24
Southern Company first-quarter earnings to be released May 2
4 Apr 24
Southern Company first-quarter earnings to be released May 2
4 Apr 24