The Southern Company (SO)
NYSE: SO · IEX Real-Time Price · USD
71.74
+0.69 (0.97%)
At close: Mar 28, 2024, 4:00 PM
71.91
+0.17 (0.24%)
After-hours: Mar 28, 2024, 7:56 PM EDT
Stock Price Forecast
The 12 analysts with 12-month price forecasts for SO stock have an average target of 73.58, with a low estimate of 67 and a high estimate of 82. The average target predicts an increase of 2.56% from the current stock price of 71.74.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $67 | $73.58 | $72 | $82 |
| Change | -6.61% | +2.56% | +0.36% | +14.30% |
* Price targets were last updated on Feb 21, 2024.
Analyst Ratings
The average analyst rating for SO stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 5 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 14 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $80 | Buy | Reiterates | $80 | +11.51% | Feb 21, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $75 → $72 | Hold | Maintains | $75 → $72 | +0.36% | Feb 16, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $75 → $72 | Buy | Maintains | $75 → $72 | +0.36% | Feb 16, 2024 |
| Barclays | Barclays | Hold Maintains $68 → $67 | Hold | Maintains | $68 → $67 | -6.61% | Jan 17, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $72 → $77 | Hold → Buy | Upgrades | $72 → $77 | +7.33% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
Increased by 10.49%
from 25.25B
Revenue Next Year
28.99B
from 27.90B
Increased by 3.89%
from 27.90B
EPS This Year
4.14
from 3.62
Increased by 14.31%
from 3.62
EPS Next Year
4.45
from 4.14
Increased by 7.65%
from 4.14
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.42B | 20.38B | 23.11B | 29.28B | 25.25B | 27.90B | 28.99B | 29.78B | 32.39B |
| Revenue Growth | -8.84% | -4.87% | 13.44% | 26.68% | -13.75% | 10.49% | 3.89% | 2.73% | 8.79% |
| EPS | 4.50 | 2.93 | 2.24 | 3.26 | 3.62 | 4.14 | 4.45 | 4.72 | 4.88 |
| EPS Growth | 107.37% | -34.89% | -23.55% | 45.54% | 11.04% | 14.31% | 7.65% | 6.04% | 3.25% |
| No. Analysts | - | - | - | - | - | 24 | 23 | 18 | 9 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 34.0B | 35.6B | 37.2B | 37.2B |
| Avg | 27.9B | 29.0B | 29.8B | 32.4B |
| Low | 23.8B | 24.1B | 24.2B | 25.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 34.5% | 27.7% | 28.4% | 24.8% |
| Avg | 10.5% | 3.9% | 2.7% | 8.8% |
| Low | -5.9% | -13.7% | -16.4% | -14.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.28 | 4.78 | 5.06 | 5.04 |
| Avg | 4.14 | 4.45 | 4.72 | 4.88 |
| Low | 3.89 | 4.17 | 4.39 | 4.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.3% | 15.5% | 13.6% | 6.7% |
| Avg | 14.3% | 7.6% | 6.0% | 3.2% |
| Low | 7.5% | 0.6% | -1.4% | -3.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
