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Southern Co. (SO) Increases Despite Market Slip: Here's What You Need to Know
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In the latest close session, Southern Co. (SO - Free Report) was up +1.23% at $88.11. The stock's performance was ahead of the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
The stock of power company has risen by 0.05% in the past month, leading the Utilities sector's loss of 2% and undershooting the S&P 500's gain of 2.05%.
The investment community will be paying close attention to the earnings performance of Southern Co. in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. It is anticipated that the company will report an EPS of $1.65, marking a 3.13% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $8.34 billion, indicating a 6.56% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.59 per share and revenue of $31.04 billion. These totals would mark changes of +6.74% and +5.02%, respectively, from last year.
Any recent changes to analyst estimates for Southern Co. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Southern Co. is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Southern Co. is currently exchanging hands at a Forward P/E ratio of 18.96. For comparison, its industry has an average Forward P/E of 17.35, which means Southern Co. is trading at a premium to the group.
Meanwhile, SO's PEG ratio is currently 2.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Utility - Electric Power stocks are, on average, holding a PEG ratio of 2.52 based on yesterday's closing prices.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 101, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Southern Co. (SO) Increases Despite Market Slip: Here's What You Need to Know
In the latest close session, Southern Co. (SO - Free Report) was up +1.23% at $88.11. The stock's performance was ahead of the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
The stock of power company has risen by 0.05% in the past month, leading the Utilities sector's loss of 2% and undershooting the S&P 500's gain of 2.05%.
The investment community will be paying close attention to the earnings performance of Southern Co. in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. It is anticipated that the company will report an EPS of $1.65, marking a 3.13% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $8.34 billion, indicating a 6.56% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.59 per share and revenue of $31.04 billion. These totals would mark changes of +6.74% and +5.02%, respectively, from last year.
Any recent changes to analyst estimates for Southern Co. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Southern Co. is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Southern Co. is currently exchanging hands at a Forward P/E ratio of 18.96. For comparison, its industry has an average Forward P/E of 17.35, which means Southern Co. is trading at a premium to the group.
Meanwhile, SO's PEG ratio is currently 2.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Utility - Electric Power stocks are, on average, holding a PEG ratio of 2.52 based on yesterday's closing prices.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 101, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.