The Southern Company (NYSE:SO) has recently come under intense scrutiny after a string of significant developments. The company’s fourth-quarter and full-year earnings for 2024 have been announced, with analysts giving their predictions for the coming year. Notably, the dividend aristocrat has rewarded its shareholders once again, though it carries an average recommendation of “Hold” from analysts. A recent change is underway at Mississippi Power, led by a 30-year energy veteran. There is also mention of insider selling of company stock and the US Bancorp DE decreasing its holdings in Southern Company. The company also announced its quarterly dividend, despite a miss on its Q4 earnings. Nonetheless, the energy sales increased. Other points of interest include strong 2024 earnings which bolster confidence in the investment and the appointment of Jimmy Etheredge to the Board of Directors. Looking ahead, Southern Company sets Q4 2024 earnings release date for February 20, with the CEO set to host the analyst call.
The Southern Company SO News Analytics from Mon, 22 Apr 2024 07:00:00 GMT to Thu, 06 Mar 2025 17:23:00 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3
