Stock Quote Southern Company Growth Prospects Dividend Buyback

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The Southern Company has a strong track record of growth, with a 5-year annual growth rate of 4.5% in its earnings per share. This growth is driven by its focus on renewable energy and expanding its customer base.

The company has a history of paying consistent dividends, with a 14-year streak of increasing its dividend payout. This makes it an attractive option for income investors looking for a reliable source of returns.

In addition to paying dividends, Southern Company has also been active in share buybacks, repurchasing $4.5 billion in shares over the past 5 years. This helps to return value to shareholders and reduce the number of outstanding shares.

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Financial Performance

The Southern Company's financial performance is worth taking a closer look at. In 2023, the company's revenue was $25.25 billion, a decrease of 13.75% compared to the previous year's $29.28 billion.

The company's earnings were $3.98 billion, marking an increase of 12.83%. This is a notable improvement despite the decline in revenue.

This resilience in earnings suggests that the company is managing its finances effectively, even in a challenging market.

Financial Performance

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The Southern Company's revenue took a hit in 2023, decreasing by 13.75% to $25.25 billion.

This decline was significant, dropping from the previous year's revenue of $29.28 billion.

On a more positive note, the company's earnings increased by 12.83% in 2023, reaching $3.98 billion.

This uptick in earnings was a welcome change, after a previous year that may have seen a decrease.

Fourth-Quarter Earnings Release: February 20

Southern Company plans to release its fourth-quarter earnings on February 20, 2025.

The earnings release is scheduled for 7:30 a.m. EST on that day.

Southern Company's fourth-quarter earnings will be released on a Thursday in February 2025.

The exact date of the earnings release is February 20, 2025.

Southern Company will make its fourth-quarter earnings available to the public at 7:30 a.m. EST on February 20, 2025.

A Safe Bet with Good Growth Prospects

Southern Company is a safe bet due to its solid financial foundation. The company has a long history of stable operations and has consistently paid dividends to its shareholders.

Credit: youtube.com, Is the Southern Company (SO) a Good Investment Right Now? (Stock Analysis)

With a strong balance sheet and manageable debt levels, Southern Company has the financial muscle to weather any storms.

The company's diversified energy portfolio, which includes natural gas, coal, and nuclear power, provides a stable source of revenue.

Southern Company's growth prospects are also promising, with plans to invest in renewable energy sources and expand its customer base.

The company's reasonable valuation, with a price-to-earnings ratio in line with its industry peers, makes it an attractive investment option.

Southern Company's commitment to safety and environmental responsibility has earned it a reputation as a responsible corporate citizen.

The company's dedicated workforce and strong management team are also key factors in its success.

Overall, Southern Company's safe bet status is backed by its solid financial foundation, diversified energy portfolio, and promising growth prospects.

Dividend and Share Buyback

The Southern Company has a solid track record of paying dividends, with a current dividend yield of 3.37%. This is significantly higher than the industry average.

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One way to assess the sustainability of a company's dividend payments is to look at its dividend payout ratio. The Southern Company's dividend payout ratio is 0.69, which means that for every dollar of earnings, 69 cents is paid out as dividends.

The company's 3-year dividend growth rate is 3.1%, indicating a steady increase in dividend payments over time.

Here's a breakdown of the Southern Company's dividend history:

The Southern Company has also been active in buying back its own shares, with a 3-year average share buyback ratio of -1.1%. This means that for every dollar of earnings, the company is buying back $1.10 of its own shares.

The shareholder yield, which represents the total return to shareholders through dividends and share buybacks, is -0.69%. While this may seem low, it's essential to consider the company's overall financial health and growth prospects when evaluating its dividend and share buyback strategy.

Clean Energy and Milestones

Credit: youtube.com, Is Southern Company the best renewable energy stock actually?

Southern Co (SO) has been making significant strides in clean energy, achieving milestones that are worth noting. The company has made history with its first renewable natural gas interconnection, a major breakthrough in advancing clean energy.

Southern Co (SO) has successfully achieved milestones in clean energy and resilience, marking a significant shift towards a more sustainable future. This achievement demonstrates the company's commitment to reducing its environmental impact.

The company's first renewable natural gas interconnection is a testament to its innovative approach to clean energy, paving the way for a more sustainable energy landscape.

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Achieves Milestones in Clean Energy

Southern Co has achieved significant milestones in clean energy, making it a leader in the industry. One notable achievement is the company's first renewable natural gas interconnection, which marks a major step forward in advancing clean energy.

Southern Co's commitment to clean energy is evident in its efforts to reduce carbon emissions and promote sustainable practices. This is reflected in its latest milestone, which demonstrates the company's dedication to innovation and progress.

Credit: youtube.com, World's largest clean energy corridor achieves milestone in electric power generation

The company's focus on clean energy has also led to increased investment in renewable energy sources, such as solar and wind power. This shift towards cleaner energy sources is a positive step towards a more sustainable future.

Southern Co's achievements in clean energy are a testament to the company's commitment to innovation and sustainability. By pushing the boundaries of what is possible, Southern Co is helping to pave the way for a cleaner, greener tomorrow.

Responds to Winter Storm with Preparedness

Southern Co (SO) takes a proactive approach to winter storms, as seen during Winter Storm Cora. They had a plan in place to respond quickly and efficiently.

The company restored power to 230,000 customers after Winter Storm Cora, demonstrating their ability to respond to emergencies. This is a testament to their preparedness and commitment to customer service.

Southern Co (SO) took safety measures to protect their employees and customers during the storm. This includes having a team in place to assess damage and restore power as soon as it's safe to do so.

Analyst Opinions and Estimates

Credit: youtube.com, Why The Southern Company Is Not A Dividend Stock! - $SO Stock Analysis

Analyst opinions and estimates can be a crucial factor in determining a stock's potential. Analysts have given Southern Company a "Buy" rating on average.

According to 14 analysts, the average rating for SO stock is "Buy". This is a strong endorsement of the company's prospects.

The 12-month stock price forecast is $90.38, which is an increase of 7.29% from the latest price. This suggests that analysts believe the stock has significant growth potential.

Here's a breakdown of the average estimates for earnings and revenue:

These estimates suggest that analysts believe the company will continue to grow its revenue and earnings in the coming years.

Frequently Asked Questions

Is Southern Company a buy sell or hold?

Southern Company has a consensus rating of Moderate Buy, based on 5 buy ratings and 9 total ratings. Investors may want to consider this when making a decision about the stock.

What is the highest southern company stock has ever been?

The highest Southern Company stock price ever recorded was $93.39 on October 23, 2024. This represents a significant milestone for investors who have held onto their shares over the years.

When was the last time Southern Company stock split?

The last Southern Company stock split occurred on April 3rd, 2001. This split has resulted in a significant increase in the number of shares since 1994.

Does Southern Company have preferred stock?

Yes, Southern Company has preferred stock, specifically the 5.83% Class A Preferred Stock Cumulative (ALP.PRO), which offers a fixed dividend rate. This preferred stock provides a regular income stream for investors.

What is the future of SO stock?

According to analyst forecasts, SO stock is predicted to increase by 7.66% to an average target of 88.71, with a potential range of 67 to 98.

Danielle Hamill

Senior Writer

Danielle Hamill is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in finance, she brings a unique perspective to her writing, tackling complex topics with clarity and precision. Her work has been featured in various publications, covering a range of topics including cryptocurrency regulatory alerts.

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