The Southern Company (SO) continues to be an attractive investment terrain with encouraging reports coming out of varied involvement. Recently, significant purchases of SO shares by big financial bodies such as
Quadrature Capital Ltd,
Intech Investment Management, and
Twin Capital Management were made. In addition, SO has shown a consistent dividend increase for the
23rd year, with an annualized rate rising to
$2.88 per share. There are high expectations for The Southern Company's
Q2 2024 Earnings. Although finding itself occasionally behind the market, the company continues to surpass industry averages concerning Return on Equity. Creative initiatives like collaborations with
Sightline Climate for market insights and
WeaveGrid to simplify EV home charging in Southeast are also noteworthy. Despite the challenges, analysts hold an average rating of 'hold' and anticipate exponential growth. With institutional owners holding
65% of the company and an expected revenue increase following Q1 2024 earnings, the future seems bright for SO.
The Southern Company SO News Analytics from Sun, 08 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 17:18:00 GMT -
Rating 7
- Innovation 5
- Rumor 3
