Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Southern (NYSE:SO) Stock Price

Headlines about Southern (NYSE:SO) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southern earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 46.3967138585218 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

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SO traded down $0.39 during trading hours on Wednesday, hitting $45.43. 4,027,329 shares of the company’s stock were exchanged, compared to its average volume of 7,071,663. Southern has a 1-year low of $42.38 and a 1-year high of $53.51. The stock has a market capitalization of $45,437.73, a price-to-earnings ratio of 15.04, a PEG ratio of 3.45 and a beta of 0.02. The company has a current ratio of 0.74, a quick ratio of 0.59 and a debt-to-equity ratio of 1.84.



Southern (NYSE:SO) last announced its earnings results on Wednesday, February 21st. The utilities provider reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.05. The business had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.17 billion. Southern had a net margin of 3.82% and a return on equity of 11.96%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 earnings per share. research analysts predict that Southern will post 2.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 6th. Shareholders of record on Monday, May 21st will be paid a $0.60 dividend. The ex-dividend date is Friday, May 18th. This represents a $2.40 dividend on an annualized basis and a yield of 5.28%. This is a boost from Southern’s previous quarterly dividend of $0.58. Southern’s dividend payout ratio (DPR) is currently 76.82%.

A number of research firms have commented on SO. Royal Bank of Canada restated a “buy” rating on shares of Southern in a research report on Friday, December 22nd. Zacks Investment Research lowered shares of Southern from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. SunTrust Banks reiterated a “hold” rating and set a $50.00 target price on shares of Southern in a research report on Tuesday, December 26th. Mizuho reiterated a “buy” rating and set a $52.00 target price on shares of Southern in a research report on Tuesday, December 26th. Finally, Guggenheim reiterated a “buy” rating and set a $52.00 target price on shares of Southern in a research report on Wednesday, January 3rd. Seven analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $49.17.

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Southern Company Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland, as well as provides gas marketing services, wholesale gas services, and gas midstream operations.

Insider Buying and Selling by Quarter for Southern (NYSE:SO)

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