Southern (SO) to Release Quarterly Earnings on Wednesday

Southern (NYSE:SO) is scheduled to post its Q4 2017 quarterly earnings results before the market opens on Wednesday, February 21st. Analysts expect Southern to post earnings of $0.47 per share for the quarter.

Southern (NYSE SO) opened at $43.93 on Monday. The company has a market capitalization of $44,089.38, a price-to-earnings ratio of 78.45, a P/E/G ratio of 3.26 and a beta of 0.03. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.57 and a current ratio of 0.73. Southern has a 52 week low of $42.63 and a 52 week high of $53.51.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.58 per share. The ex-dividend date of this dividend is Friday, February 16th. This represents a $2.32 dividend on an annualized basis and a yield of 5.28%. Southern’s payout ratio is currently 414.29%.

A number of research analysts recently commented on the company. Royal Bank of Canada restated a “buy” rating on shares of Southern in a research note on Friday, December 22nd. Morgan Stanley decreased their price target on Southern from $48.00 to $44.00 and set an “underweight” rating for the company in a research note on Tuesday, February 13th. ValuEngine cut Southern from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. UBS Group started coverage on Southern in a research note on Friday, February 2nd. They issued a “neutral” rating and a $46.00 price target for the company. Finally, SunTrust Banks set a $47.00 price target on Southern and gave the stock a “hold” rating in a research note on Monday, February 5th. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $50.03.

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About Southern

The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company’s segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other.

Earnings History for Southern (NYSE:SO)

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