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
Industry (SIC)
SEC CIK
Corporate docs
IRS number
580690070
SO stock data
Latest filings (excl ownership)
8-K
Other Events
28 Feb 24
424B2
Prospectus for primary offering
27 Feb 24
424B2
Prospectus for primary offering
27 Feb 24
FWP
Free writing prospectus
26 Feb 24
FWP
Free writing prospectus
26 Feb 24
424B5
Prospectus supplement for primary offering
26 Feb 24
424B5
Prospectus supplement for primary offering
26 Feb 24
S-3ASR
Automatic shelf registration
16 Feb 24
S-3ASR
Automatic shelf registration
16 Feb 24
8-K
Results of Operations and Financial Condition
15 Feb 24
Transcripts
SO
Earnings call transcript
2023 Q4
15 Feb 24
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
Latest ownership filings
4
CHRISTOPHER C WOMACK
15 Mar 24
4
Sloane N Drake
15 Mar 24
4
Stephen E Kuczynski
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
Lizanne Thomas
20 Feb 24
SC 13G/A
PRICE T ROWE ASSOCIATES INC /MD/
16 Feb 24
4
Christopher Cummiskey
16 Feb 24
144
Notice of proposed sale of securities
15 Feb 24
4
CHRISTOPHER C WOMACK
14 Feb 24
4
Bryan D Anderson
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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 |
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) | 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) | 665.07 mm | 57.77 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.22 bn | 1.83 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.4 | 178.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
48.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1516 |
Opened positions | 187 |
Closed positions | 342 |
Increased positions | 543 |
Reduced positions | 588 |
13F shares | Current |
---|---|
Total value | 33.50 tn |
Total shares | 525.96 mm |
Total puts | 1.59 mm |
Total calls | 462.16 k |
Total put/call ratio | 3.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 99.61 mm | $6.98 tn |
STT State Street | 63.61 mm | $4.46 tn |
FMR | 36.30 mm | $2.55 tn |
T. Rowe Price | 29.90 mm | $2.10 bn |
Massachusetts Financial Services | 25.42 mm | $1.78 tn |
JPM JPMorgan Chase & Co. | 19.52 mm | $1.37 tn |
Capital International Investors | 16.44 mm | $1.15 tn |
BEN Franklin Resources | 15.66 mm | $1.10 tn |
NTRS Northern Trust | 10.71 mm | $750.78 bn |
LGEN Legal & General | 10.67 mm | $748.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Stephen E Kuczynski | Southern Company Common Stock | Sell | Dispose S | No | Yes | 68.92 | 5,000 | 344.60 k | 126,528.156 |
16 Feb 24 | Thomas Lizanne | Southern Company Common Stock | Grant | Acquire A | No | No | 66.43 | 700 | 46.50 k | 700 |
16 Feb 24 | Christopher Cummiskey | Southern Company Common Stock | Sell | Dispose S | No | No | 65.99 | 902 | 59.52 k | 22,502.442 |
15 Feb 24 | Christopher Cummiskey | Southern Company Common Stock | Sell | Dispose S | No | No | 67.18 | 12,985 | 872.33 k | 23,404.442 |
12 Feb 24 | Christopher Cummiskey | Southern Company Common Stock | Sell | Dispose S | No | No | 66.94 | 883 | 59.11 k | 35,487.442 |
12 Feb 24 | Stephen E Kuczynski | Southern Company Common Stock | Sell | Dispose S | No | Yes | 66.94 | 5,000 | 334.70 k | 129,552.156 |
News
Looking Into Southern's Recent Short Interest
13 Mar 24
Unlocking Value and Investor Rewards: Southern Thrives with Strong Performance and Growing Profits
6 Mar 24
RBC Capital Reiterates Outperform on Southern, Maintains $80 Price Target
21 Feb 24
Southern Comfort In Earnings Growth: Utility Giant Outperforms EPS Estimates Despite Revenue Setback
15 Feb 24
Southern Q4 2023 Adj EPS $0.64 Beats $0.60 Estimate, Sales $6.04B Miss $7.89B Estimate
15 Feb 24
Press releases
Meena Beyers of Nicor Gas to Speak at SXSW 2024
8 Mar 24
Vogtle Unit 4 connects to electric grid for the first time
1 Mar 24
Southern Company reports fourth-quarter and full-year 2023 earnings
15 Feb 24
City of Aurora, Nicor Gas Unveil New Exhibit on Smart Cities at City Hall
14 Feb 24
Southern Company Issues Annual Moving to Equity Report for 2023
6 Feb 24