Across the board,
The Southern Company (SO) maintains a strong position in the marketplace and is popular among institutional investors. The utility sector player has shown stellar performance figure marching beyond market expectations. The stock has seen notable fluctuations while still outperforming its competitors. Notably, the company has consistently upped dividends for
23 consecutive years, arriving at
$2.88 per share annually. On the financial side, both
Q1 and Q4 2024 earnings surpassed analysts' projections, offering a promising investment outlook. Conversely, there was a slight shortfall in projected revenue rates. Investmentwise, several financial entities, including the Gulf International Bank UK Ltd, Welch Group LLC, and Wellington Management Group LLP, have expanded their holdings in SO, signalling rising institutional interest. The company has also made strides in the Renewable Energy sector, returning to the Solar Market. Despite periodic losses, long-term investment in SO would've given investors about a
75% gain over five years.
The Southern Company SO News Analytics from Sun, 08 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 12:35:27 GMT -
Rating 7
- Innovation 6
- Rumor 5
