Shares of Southern Company have moved -0.6% today, and are now trading at a price of $70.39. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 2,586,410 compared to the stock's average volume of 4,376,188.
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. Based in Atlanta, United States the company has 27,423 full time employees and a market cap of $76,758,704,128. Southern Company currently offers its equity investors a dividend that yields 3.8% per year.
The company is now trading -4.04% away from its average analyst target price of $73.36 per share. The 14 analysts following the stock have set target prices ranging from $61.0 to $80.0, and on average give Southern Company a rating of buy.
Over the last year, SO shares have gone up 6.1%, which represents a difference of -10.0% when compared to the S&P 500. The stock's 52 week high is $80.57 per share whereas its 52 week low is $60.71. With its gross margins declining a compounded average of -4.8% over the last 4 years, Southern Company may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 29,279,000 | 18,458,000 | 36.96 | -15.09 |
| 2021-12-31 | 23,113,000 | 13,052,000 | 43.53 | -10.38 |
| 2020-12-31 | 20,375,000 | 10,478,000 | 48.57 | 8.05 |
| 2019-12-31 | 21,419,000 | 11,792,000 | 44.95 | n/a |
