The Southern Company (SO) has experienced significant turbulence over a period. Its growth prospects have been noticed, receiving an
upgrade at Jefferies. The company has also
increased the dividend for the 24th year, which rose to $2.96 per share. The company also reported
strong Q1 2025 earnings. A unique offering of
$1.25 billion Convertible Senior Notes was announced. The Company further upsized the Convertible Notes Offering to
$1.45 Billion. However, SO also faced a
downgrade to Underweight from Keybanc. An interesing note was that Southern Company stock has been identified as a potential
buy during a recession. The company launched an internally transformative
Tech Program to revolutionize their energy innovation timeline. Despite market fluctuations, Southern Company was recognized as a
strong defensive stock. On the renewable energy front, SO was one of the
best picks for 2025. According to hedge funds, it was one of the
best utility stocks to buy. The company is favoured by institutional owners who hold
69% of the company. Southern Company has collaborated with
PowerSecure and
Edged on projects, including powering PGA TOUR Studios and advancing eco-friendly data centers respectively.
The Southern Company SO News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sat, 07 Jun 2025 04:23:20 GMT -
Rating -1
- Innovation 6
- Information 6
- Rumor 4
