Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.

Company profile
Ticker
SO, SOJC, SOJD, SOJE
Exchange
Website
CEO
Thomas Fanning
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
580690070
SO stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
2 Nov 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Departure of Directors or Certain Officers
17 Oct 23
8-K
Results of Operations and Financial Condition
6 Oct 23
8-K
Other Events
8 Sep 23
424B2
Prospectus for primary offering
6 Sep 23
424B2
Prospectus for primary offering
6 Sep 23
FWP
Free writing prospectus
5 Sep 23
FWP
Free writing prospectus
5 Sep 23
424B5
Prospectus supplement for primary offering
5 Sep 23
Transcripts
SO
Earnings call transcript
2023 Q3
2 Nov 23
SO
Earnings call transcript
2023 Q2
3 Aug 23
SO
Earnings call transcript
2023 Q1
27 Apr 23
SO
Earnings call transcript
2022 Q4
16 Feb 23
SO
Earnings call transcript
2022 Q3
27 Oct 22
SO
Earnings call transcript
2022 Q2
28 Jul 22
SO
Earnings call transcript
2022 Q1
28 Apr 22
SO
Earnings call transcript
2021 Q4
17 Feb 22
SO
Earnings call transcript
2021 Q3
4 Nov 21
SO
Earnings call transcript
2021 Q2
29 Jul 21
Latest ownership filings
4
David P. Poroch
17 Nov 23
144
Notice of proposed sale of securities
16 Nov 23
4
Stephen E Kuczynski
13 Nov 23
144
Notice of proposed sale of securities
13 Nov 23
3
Shantella E. Cooper
19 Oct 23
4
Stephen E Kuczynski
11 Oct 23
144
Notice of proposed sale of securities
10 Oct 23
4
E JENNER WOOD III
2 Oct 23
4
Lizanne Thomas
2 Oct 23
4
Kristine L Svinicki
2 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn |
Cash burn (monthly) | 118.00 mm | 10.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 234.92 mm | 20.41 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.66 bn | 1.87 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 14.0 | 182.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
62.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1652 |
Opened positions | 143 |
Closed positions | 145 |
Increased positions | 618 |
Reduced positions | 630 |
13F shares | Current |
---|---|
Total value | 44.17 tn |
Total shares | 682.06 mm |
Total puts | 2.56 mm |
Total calls | 2.73 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 99.57 mm | $6.44 tn |
BLK Blackrock | 77.63 mm | $5.02 tn |
STT State Street | 62.80 mm | $4.06 tn |
FMR | 38.91 mm | $2.52 tn |
T. Rowe Price | 34.29 mm | $2.22 tn |
Massachusetts Financial Services | 26.10 mm | $1.69 tn |
Geode Capital Management | 20.12 mm | $1.30 tn |
BEN Franklin Resources | 15.68 mm | $1.02 tn |
NTRS Northern Trust | 10.74 mm | $694.95 bn |
Capital International Investors | 10.74 mm | $694.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Nov 23 | David P. Poroch | Southern Company Common Stock | Sell | Dispose S | No | No | 69.39 | 10,000 | 693.90 k | 28,691 |
16 Nov 23 | David P. Poroch | Southern Company Common Stock | Option exercise | Acquire M | No | No | 41.28 | 10,000 | 412.80 k | 38,691 |
16 Nov 23 | David P. Poroch | Option Right to Buy Southern Company Common Stock | Option exercise | Dispose M | No | No | 41.28 | 10,000 | 412.80 k | 10,099 |
10 Nov 23 | Stephen E Kuczynski | Southern Company Common Stock | Sell | Dispose S | No | Yes | 68.39 | 5,000 | 341.95 k | 111,284.156 |
10 Oct 23 | Stephen E Kuczynski | Southern Company Common Stock | Sell | Dispose S | No | Yes | 66 | 5,000 | 330.00 k | 116,284.156 |
2 Oct 23 | Akella Janaki | Deferred Stock Units Southern Company Common Stock | Grant | Acquire A | No | No | 64.72 | 618.047 | 40.00 k | 13,840.405 |
News
Peering Into Southern's Recent Short Interest
22 Nov 23
Morgan Stanley Maintains Equal-Weight on Southern, Raises Price Target to $67
21 Nov 23
The Latest Analyst Ratings for Southern
21 Nov 23
CrowdStrike To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Tuesday
21 Nov 23
Mizuho Maintains Buy on Southern, Lowers Price Target to $73
21 Nov 23
Press releases
Georgia Power names Trey Kilpatrick as Senior Vice President of External Affairs
28 Nov 23
T. Dallas Smith named to Georgia Power Board of Directors
15 Nov 23
Georgia Power highlights new tech scams on National Utility Scam Awareness Day
15 Nov 23
Alabama Power introduces new home repair service
14 Nov 23
$1 Million in Matching Grants Awarded to Clark Atlanta University and Stillman College through HBCU SCI Program
16 Oct 23