The Southern Company (SO)

Alabama Power Company • Alabama Property Company • Southern Electric Generating Company • Georgia Power Company • Piedmont-Forrest Corporation • Mississippi Power Company • Southern Power Company • SP Deuel Harvest Wind Energy • SP Deuel Harvest Wind Energy Holdings, LLC • Deuel Harvest Wind Energy Holdings, LLC ...

IRS number

580690070

SO stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$91.50

Low target

$85.00

High target

$98.00

Latest filings (excl ownership)

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Prospectus for primary offering

26 Feb 25

FWP

Free writing prospectus

25 Feb 25

424B5

Prospectus supplement for primary offering

25 Feb 25

8-K

Southern Company reports fourth-quarter and full-year 2024 earnings

Departure of Directors or Certain Officers

12 Feb 25

8-K/A

Departure of Directors or Certain Officers

11 Feb 25

CERT

Certification of approval for exchange listing

13 Jan 25

8-A12B

Registration of securities on exchange

13 Jan 25

Transcripts

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Earnings call transcript

2024 Q4

20 Feb 25

Earnings call transcript

2024 Q3

31 Oct 24

Earnings call transcript

2024 Q2

1 Aug 24

Earnings call transcript

2024 Q1

2 May 24

Earnings call transcript

2023 Q4

15 Feb 24

Earnings call transcript

2023 Q3

2 Nov 23

Earnings call transcript

2023 Q2

3 Aug 23

Earnings call transcript

2023 Q2

3 Aug 23

Earnings call transcript

2023 Q1

27 Apr 23

Earnings call transcript

2022 Q4

16 Feb 23

Latest ownership filings

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CHRISTOPHER C WOMACK

26 Feb 25

144

Notice of proposed sale of securities

25 Feb 25

Christopher Cummiskey

20 Feb 25

144

Notice of proposed sale of securities

Christopher Cummiskey

Sterling A Jr. Spainhour

18 Feb 25

Financial summary

Financial statements Chart SO financial data

Quarter (USD)	Dec 23	Sep 23	Jun 23	Mar 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	921.00 mm	921.00 mm	921.00 mm	921.00 mm	921.00 mm	921.00 mm
Cash burn (monthly)	323.00 mm	93.00 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	4.54 bn	1.31 bn	n/a	n/a	n/a	n/a
Cash remaining	-3.62 bn	-387.43 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	-11.2	-4.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

SO institutional ownership history Ownership history

67.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2051	1993	+2.9%
Opened positions	235	218	+7.8%
Closed positions	177	97	+82.5%
Increased positions	850	760	+11.8%
Reduced positions	664	696	-4.6%

13F shares	Current	Prev Q	Change
Total value	59.44 tn	63.70 tn	-6.7%
Total shares	743.71 mm	733.10 mm	+1.4%
Total puts	2.91 mm	3.43 mm	-15.2%
Total calls	3.94 mm	5.05 mm	-22.0%
Total put/call ratio	0.7	0.7	+8.7%

Largest owners	Shares	Value	Change
Vanguard	102.79 mm	$8.46 tn	+0.7%
BlackRock	83.74 mm	$6.89 tn	+4.0%
STT State Street	57.65 mm	$4.75 tn	-2.2%
JPM JPMorgan Chase & Co.	55.81 mm	$4.59 tn	+2.0%
FMR	28.22 mm	$2.32 tn	-3.9%
Capital International Investors	27.24 mm	$2.24 tn	-4.5%
Geode Capital Management	25.05 mm	$2.06 tn	+2.2%
Massachusetts Financial Services	21.92 mm	$1.80 tn	-12.9%
T. Rowe Price	15.88 mm	$1.31 bn	-11.9%
GQG Partners	14.80 mm	$1.22 tn	-10.6%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	10.30 mm	+10.30 mm	NEW
RJF Raymond James Financial	3.83 mm	+3.83 mm	NEW
Marshall Wace	4.32 mm	+3.31 mm	+325.7%
BlackRock	83.74 mm	+3.25 mm	+4.0%
Massachusetts Financial Services	21.92 mm	-3.25 mm	-12.9%
Raymond James & Associates	0.00	-2.72 mm	EXIT
Capital Research Global Investors	69.13 k	-2.31 mm	-97.1%
T. Rowe Price	15.88 mm	-2.15 mm	-11.9%
Qube Research & Technologies	2.63 mm	+2.14 mm	+430.1%
GQG Partners	14.80 mm	-1.75 mm	-10.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
25 Feb 25	Christopher C Womack	Southern Company Common Stock	Sell	Dispose S	No	No	90	1,593	143.37 k	112,127.701
19 Feb 25	Christopher Cummiskey	Southern Company Common Stock	Sell	Dispose S	No	No	86	944	81.18 k	34,837.442
13 Feb 25	Davis Martin Bernard	Southern Company Common Stock	Payment of exercise	Dispose F	No	No	86.78	798	69.25 k	103,215
13 Feb 25	Davis Martin Bernard	Southern Company Common Stock	Option exercise	Acquire M	No	No	0	1,784	0.00	104,013
13 Feb 25	Davis Martin Bernard	RSU Southern Company Common Stock	Option exercise	Dispose M	No	No	0	1,593	0.00	0
13 Feb 25	Christopher C Womack	Southern Company Common Stock	Payment of exercise	Dispose F	No	No	86.78	1,864	161.76 k	113,720.701
13 Feb 25	Christopher C Womack	Southern Company Common Stock	Option exercise	Acquire M	No	No	0	4,174	0.00	115,584.701
13 Feb 25	Christopher C Womack	RSU Southern Company Common Stock	Option exercise	Dispose M	No	No	0	3,726	0.00	0
13 Feb 25	II James Y Kerr,	Southern Company Common Stock	Payment of exercise	Dispose F	No	No	86.78	1,376	119.41 k	171,052
13 Feb 25	II James Y Kerr,	Southern Company Common Stock	Option exercise	Acquire M	No	No	0	3,080	0.00	172,428