Southern Company (SO) continues to draw investors' interest. Although its current valuations may not be enticing and it's approaching a key resistance level, it remains a steady performer in the market.
Exceeding Q1 revenue expectations, SO has
extended its dividend streak to 77 years, reaffirming its strength. While current stock price might be high for entry, its continued dividend increase and
strong financial performance make it an attractive long-term investment. However, a subsequent decline in stock value indicates continued volatility. Reportedly,
institutional ownership is high, and
earnings estimates for Q1 2025 are positive. Southern Company CEO Kimberly Greene’s recent sale of $2.99 million worth in stock will likely continue to stir conversation. Despite some mixed analyst predictions, SO has maintained a solid performance record and has shown it's among the top utility stocks to buy. A noteworthy development is the company's
new tech program aiming to revolutionize energy innovation timelines. Meanwhile, negative biases and price target adjustments from Barclays, Evercore ISI and Wells Fargo introduce some elements of uncertainty.
The Southern Company SO News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Thu, 08 May 2025 13:00:00 GMT -
Rating 3
- Innovation 5
- Information 6
- Rumor -1
