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SO · Southern Co

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$93.12 -0.63 (-0.67%) At close · Nov 4 Earnings today
Market Cap
$105.60B
Shares
1.13B
Volume · Nov 4 18.72M Avg daily vol (3M) 6.05M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$93.12 Open$92.25 Day$90.40–94.07 52W close$82.35–99.11 Avg vol 30d6.4M Short int29.4M · 2.6% of shares · 4.8d Short vol75% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Jul 30

Up next

Nov 5, 2026 Today Open the call

Latest documents

2026
Oct 22
Current report 8-K Events of Oct 20
Charter or bylaw amendment, or fiscal year change, Other events

Southern Company’s Board amended and restated its By-Laws, effective October 20, 2026, tightening stockholder special-meeting and advance-notice requirements and adding exclusive forum provisions. The 2027 Annual Meeting notice window runs January 13, 2027 to February 12, 2027.

Read from the first part of this long document
Aug 4
Current report 8-K Events of Aug 3
Other events AI summary on its way
Aug 3
Current report 8-K
Other events AI summary on its way
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$30.18B
Trailing 12 months
Net income (TTM)
$4.72B
Trailing 12 months
Revenue growth YoY
+0.1%
Year over year
Operating margin
24.2%
Trailing 12 months
P / E (TTM)
22.6
Trailing earnings · reciprocal yield 4.4%
FCF yield
-3.1%
TTM · current market cap
Return on invested capital
5.6%
Trailing 12 months
Net cash
−$70.47B
Latest balance sheet
Dividend yield
3.2%
Trailing 12 months
Shares change YoY
+3.0%
Year over year · more shares
Price change (1Y)
+0.6%
Trailing year
Short interest
2.6%
Latest settlement · 4.8 days to cover
View all 122 metrics

AI Brief

Q2 FY26 earnings call · Jul 30, 2026
Q2 FY26

TL;DR. Southern Company reported Q2 adjusted EPS of $1.13 (up 21 cents YoY, 13 cents above estimate) and now expects full-year 2026 adjusted EPS near or at the top of its $4.50–$4.60 guidance range, driven by major new large-load contracts including a 3.2 GW OpenAI deal in Georgia and ~3 GW across three Alabama projects, alongside strong weather-normal retail sales growth and data center load expansion.

Bullish
  • + Q2 adjusted EPS of $1.13 beat the prior-year result by 21 cents and topped the company's prior estimate by 13 cents
  • + Company now expects full-year 2026 adjusted EPS near or at the top of its $4.50–$4.60 guidance range
  • + Signed a 3.2 GW, 25-year contract with OpenAI near Savannah, Georgia, including 1 GW of flexible demand response, with service beginning in phases in 2028
  • + Alabama Power added approximately three gigawatts of new contracted load across three projects in the quarter
  • + Secured approvals for 10 gigawatts of new company-owned generation resources, with the first two battery sites already in service and additional thermal projects advancing
Bearish
  • − Results were partially offset by interest expense from higher debt balances and dilution from additional shares outstanding
  • − Continued accelerated depreciation and decommissioning costs tied to Southern Power wind repowering, with remaining pre-tax costs projected at ~$205 million in 2026 and ~$120 million in 2027
  • − Recorded an estimated loss at Southern Company Gas tied to Nicor Gas capital investments disallowed by the Illinois Commerce Commission, with further charges possible

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Strong Sentiment Neutral Fundamentals Poor Quant / Vol Very Low
Market backdrop VIX 20.8 · elevated Equity put/call 0.60
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +1%
above
Price vs 50-day avg +6%
above
RSI (14) 61
neutral
MACD trend Positive
52-week position 64%
mid-range
Momentum
relative strength
Strong
1-month return +9%
trailing
6-month return −1%
trailing
YTD return +7%
this year
Relative strength −3%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $88 › 200d $93 — 200d above 50d
Institutional flow Accumulating
1,230 of 2,398 funds reported for Sep 30 · net +454.4K sh shares · +41 new
Insider flow Distributing
Net -$124.4K over 90 days · 100% sells
Short interest Rising
2.61% of shares out · ▲ +0.3% MoM · 4.8 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Multi-yr high
2,398 holders — near 3-yr high, broad support
Squeeze score 74
high risk · 0–100
Fundamentals
Poor
Revenue growth +11%
Y/Y
EPS growth −2%
Y/Y
Free cash flow $-2.9B
Valuation P/E 22.6
rich
Balance sheet $70.2B
net debt
Quant / Vol
risk profile
Very Low
Volatility 18%
annualized · 1-yr
Max drawdown −17%
past year
ATR 1.8%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 1 of last 2
Latest guidance · from the Earnings Call filed Jul 30, 2026
full-year 2026
Adjusted EPS Non-GAAP $4.50 – $4.60
by 2029
FFO to debt 17%
Previous outlook earlier release · from the Earnings Call filed Apr 30, 2026

Still-open targets the latest release did not restate under the same label.

Adjusted EPS estimate · second quarter $1.00
Prior guidance period ended · from the Earnings Call filed Jul 30, 2026
Adjusted EPS estimate · third quarter $1.65
Guided vs delivered · last 2 settled
2024 earnings per share base 2024
guided $4.00 – $4.30
$3.99 Miss −3.9%
Earnings per share first quarter of 2021
guided $0.84
$1.06 Beat +26.2%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 3 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+1% Bullish
Price vs 50-day avg
+6% Bullish
RSI (14)
61 Neutral
MACD trend
Positive Bullish
52-week position
64% Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $88 › 200d $93 — 200d above 50d
Institutional flow Accumulating
1,230 of 2,398 funds reported for Sep 30 · net +454.4K sh shares · +41 new
Insider flow Distributing
Net -$124.4K over 90 days · 100% sells
Short interest Rising
2.61% of shares out · ▲ +0.3% MoM · 4.8 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Multi-yr high
2,398 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $82 Now $93 · 64% Range high $99
vs 200-day avg +1% vs 50-day avg +6%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Southern Company Gas Customers 4.39M Period Ended June —
Total generation and purchased power 13.1B Second Quarter 2026 filing —
Total Regulated Utility Customers 9M Period Ended June —
Traditional Electric Operating Companies Customers 4.61M Period Ended June —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Utilities - Regulated Electric — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
SO
Southern Co
this stock
$105.60B +6.8% +10.6% 22.6 0.0%
NEE
Nextera Energy Inc
$175.86B +10.2% -7.1% 15.2 3.0%
DUK
Duke Energy CORP
$98.63B +10.6% +35.1% 19.0 0.0%
NGG
National Grid PLC
$83.28B +10.2% — — 0.6%
AEP
American Electric Power Co Inc
$70.32B +12.1% +10.9% 21.0 5.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
2,351
% held
79.2%
Reported
1,230 of 2,398
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
908
View
Short & Settlement
Short Interest Rising
Shares short
29.4M
Days to cover
4.8d
Change
+95.6K sh
View
Short Volume
Short vol %
75%
As of
Nov 4, 2026
Short Total
View
Fails to Deliver
FTD shares
2
Value
$166
As of
Sep 28, 2026
View
Off-Exchange
Off-exchange %
56.7%
Week of
Sep 28, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$124.4K
Buyers / Sellers
0 / 1
Buyers Sellers
View
Congressional Trades Buy
Member
Marjorie Taylor Greene
Amount
$1.0K–$15.0K
Traded
May 21, 2024
View
Financials
Financials
Revenue (FY)
$29.6B
Net income (FY)
$4.3B
EPS diluted
$3.92
View
Buybacks
Authorized
shares 20.0M
View
Filings
SEC Filings
Latest
8-K
Filed
Oct 22, 2026
This year
21

Southern Company’s Board amended and restated its By-Laws, effective October 20, 2026, tightening stockholder special-meeting and advance-notice requirements and adding exclusive forum provisions. The 2027 Annual Meeting notice window runs January 13, 2027 to February 12, 2027.

View
Proposed Sales
Value
$2.4M
Shares
25.0K
Filed
Mar 30, 2026
View
Earnings & Events
Webcasts Upcoming
Next webcast
Nov 5, 2026
Last webcast
Jul 30, 2026
View
Investor Relations
Latest news
Southern Company aligns leadershi…
Published
Oct 30, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
SO +1.8% +9.0% -0.6% -0.6% +6.8%
SPY -0.7% -1.3% +2.5% +1.5% +12.5%
vs SPY +2.5% +10.3% -3.1% -2.1% -5.7%

Capital returns

Latest dividend
$0.76 / share · ex Aug 17, 2026
Declared · upcoming
$0.76 / share · ex Nov 16, 2026
Raised 2.7%
Paid (TTM)
$3.00 / share · 4 payouts
Dividend yield (TTM, derived)
3.22%
Full dividend history
Buyback program · as of Mar 2, 2015
Authorized
shares 20.00M
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 92122 CUSIP 842587107 13F (30d) 1157 filings 1112 filers Visit website Investor relations