Southern (SO) Scheduled to Post Quarterly Earnings on Wednesday

Southern (NYSE:SO) will be issuing its Q4 2017 quarterly earnings data before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.47 per share for the quarter.

Southern (NYSE SO) opened at $44.62 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.57 and a debt-to-equity ratio of 1.73. The stock has a market cap of $44,780.00, a price-to-earnings ratio of 79.68, a price-to-earnings-growth ratio of 3.29 and a beta of 0.03. Southern has a twelve month low of $42.63 and a twelve month high of $53.51.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Shareholders of record on Tuesday, February 20th will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 5.20%. The ex-dividend date is Friday, February 16th. Southern’s payout ratio is 414.29%.

SO has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Southern from a “hold” rating to a “sell” rating in a report on Monday, January 15th. SunTrust Banks reaffirmed a “hold” rating and set a $50.00 price objective on shares of Southern in a report on Tuesday, December 26th. Goldman Sachs Group reissued a “sell” rating on shares of Southern in a research note on Wednesday, January 10th. Mizuho reissued a “buy” rating and issued a $52.00 price target on shares of Southern in a research note on Tuesday, December 26th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Southern in a research note on Friday, January 12th. They issued an “underweight” rating and a $46.00 price target on the stock. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Southern currently has an average rating of “Hold” and an average target price of $50.03.

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About Southern

The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company’s segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other.

Earnings History for Southern (NYSE:SO)

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