Southern (SO)

Company Profile

Southern Company brings energy to homes and businesses across the country. The company mades its name as a leading producer of clean, safe, reliable and affordable energy, and it approaches each day as a vital step in building the future of energy. It's always looking ahead, and innovations in the industry—from new nuclear to deployment of electric transportation and renewables —helps brighten the lives and businesses of millions of customers nationwide.

Company profile

Ticker

SO, SOJC

Exchange

NYSE

Website

www.southerncompany.com

CEO

Thomas Fanning

Incorporated

Delaware

Location

Georgia

Fiscal year end

Dec 31

Sector

Utilities > Other Electric Power Generation

Industry (SIC)

Electric Services

Progress Energy • NextEra Energy • Alabama Power • American Electric Power • Dominion Energy • Constellation Energy • Tennessee Valley Authority • Edison International • SOUTHERN CALIFORNIA EDISON • PPL ...

SEC CIK

0000092122

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

580690070

SO stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$72.00

Low target

$61.00

High target

$76.00

Latest filings (excl ownership)

View all

8-K

Submission of Matters to a Vote of Security Holders

26 May 23

8-K/A

Departure of Directors or Certain Officers

26 May 23

Conflict minerals disclosure

Additional proxy soliciting materials

17 May 23

424B2

Prospectus for primary offering

16 May 23

424B2

Prospectus for primary offering

16 May 23

FWP

Free writing prospectus

15 May 23

FWP

Free writing prospectus

15 May 23

424B5

Prospectus supplement for primary offering

15 May 23

Transcripts

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Earnings call transcript

2023 Q1

27 Apr 23

Earnings call transcript

2022 Q4

16 Feb 23

Earnings call transcript

2022 Q3

27 Oct 22

Earnings call transcript

2022 Q2

28 Jul 22

Earnings call transcript

2022 Q1

28 Apr 22

Earnings call transcript

2021 Q4

17 Feb 22

Earnings call transcript

2021 Q3

4 Nov 21

Earnings call transcript

2021 Q2

29 Jul 21

Earnings call transcript

2021 Q1

30 Apr 21

Earnings call transcript

2020 Q4

18 Feb 21

Latest ownership filings

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144

Notice of proposed sale of securities

5 Jun 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

10 May 23

144

Notice of proposed sale of securities

10 May 23

Bryan D Anderson

9 May 23

Financial summary

Financial statements Chart SO financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
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)	2.04 bn	2.04 bn	2.04 bn	2.04 bn	2.04 bn	2.04 bn
Cash burn (monthly)	(no burn)	(no burn)	78.00 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	407.31 mm	n/a	n/a	n/a
Cash remaining	n/a	n/a	1.63 bn	n/a	n/a	n/a
Runway (months of cash)	n/a	n/a	20.9	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Southern earnings reports.

Institutional ownership, Q1 2023

SO institutional ownership history Ownership history

63.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1639	1689	-3.0%
Opened positions	103	206	-50.0%
Closed positions	153	134	+14.2%
Increased positions	746	712	+4.8%
Reduced positions	520	496	+4.8%

13F shares	Current	Prev Q	Change
Total value	47.99 tn	48.96 tn	-2.0%
Total shares	689.35 mm	685.97 mm	+0.5%
Total puts	2.60 mm	1.91 mm	+36.3%
Total calls	3.56 mm	3.18 mm	+11.9%
Total put/call ratio	0.7	0.6	+21.8%

Largest owners	Shares	Value	Change
Vanguard	98.97 mm	$6.89 tn	+1.1%
BLK Blackrock	78.99 mm	$5.50 tn	-2.4%
STT State Street	63.33 mm	$4.41 tn	-2.8%
T. Rowe Price	61.47 mm	$4.29 tn	+2.1%
FMR	34.72 mm	$2.42 tn	+9.1%
Massachusetts Financial Services	27.38 mm	$1.90 tn	+3.1%
Geode Capital Management	19.36 mm	$1.34 tn	-0.8%
BEN Franklin Resources	15.43 mm	$1.07 tn	+2.3%
NTRS Northern Trust	11.27 mm	$783.94 bn	-3.7%
Capital Research Global Investors	11.03 mm	$767.23 bn	-0.0%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0.00	-6.11 mm	EXIT
Mitsubishi UFJ Trust & Banking	5.56 mm	+4.75 mm	+586.3%
Wellington Management	6.57 mm	+4.07 mm	+162.4%
AMP Ameriprise Financial	5.62 mm	+3.37 mm	+150.3%
FMR	34.72 mm	+2.91 mm	+9.1%
BMO Bank of Montreal	0.00	-2.13 mm	EXIT
IVZ Invesco	6.56 mm	-2.13 mm	-24.5%
FHI Federated Hermes	7.61 mm	+1.97 mm	+34.9%
BLK Blackrock	78.99 mm	-1.97 mm	-2.4%
STT State Street	63.33 mm	-1.85 mm	-2.8%

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
1 Jun 23	Davis Martin Bernard	Southern Company Common Stock	Sell	Dispose S	No	No	69.99	1,435	100.44 k	74,246
10 May 23	Bryan D Anderson	Southern Company Common Stock	Sell	Dispose S	No	No	75.11	27,426	2.06 mm	36,119
10 May 23	Bryan D Anderson	Southern Company Common Stock	Option exercise	Acquire M	No	No	0	27,426	0.00	63,545
10 May 23	Bryan D Anderson	Option Right to Buy Southern Company Common Stock	Option exercise	Dispose M	No	No	41.28	27,426	1.13 mm	0
10 May 23	Stephen E Kuczynski	Southern Company Common Stock	Sell	Dispose S	No	No	74.96	5,000	374.80 k	141,284.156
10 May 23	Thomas A Fanning	Southern Company Common Stock	Sell	Dispose S	No	Yes	75.16	50,000	3.76 mm	847,591.797
8 May 23	Bryan D Anderson	Southern Company Common Stock	Sell	Dispose S	No	Yes	75.03	9,491	712.11 k	36,119
8 May 23	Bryan D Anderson	Southern Company Common Stock	Option exercise	Acquire M	No	Yes	0	9,491	0.00	45,610
8 May 23	Bryan D Anderson	Option Right to Buy Southern Company Common Stock	Option exercise	Dispose M	No	Yes	41.28	9,491	391.79 k	27,426