(SO) Southern - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8425871071

Electricity, Natural Gas, Renewables, Pipelines, Communications

Stock: Electric Utilities
Age 44.1y

MCap 97,888m
Avg Vol 4.30M (373M USD)

Beta 0.011
Volatility 17.13%

EPS (Earnings per Share)

EPS CAGR: -46.85%
EPS Trend: -9.2%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 8.47%
Rev. Trend: 26.5%

Last SUE: -0.11
Qual. Beats: 0

Dividends

Dividend Yield	3.29%
Yield on Cost 5y	5.82%
Yield CAGR 5y	2.92%
Payout Consistency	99.3%
Payout Ratio	69.2%

Risk via 5d forecast
Volatility	17.1%
Value at Risk 5%th	28.2%
Relative Tail Risk	0.09%

Reward TTM
Sharpe Ratio	0.40
Alpha	5.42
CAGR/Max DD	0.84

Character TTM
Hurst Exponent	0.421
Beta	0.011
Beta Downside	0.036

Drawdowns 3y
Max DD	15.46%
Mean DD	4.66%
Median DD	3.90%

Description: SO Southern December 02, 2025

The Southern Company (NYSE: SO) is a vertically integrated utility that generates, transmits, and distributes electricity, while also delivering natural gas across Illinois, Georgia, Virginia, and Tennessee. Its portfolio includes conventional generation, expanding renewable assets, and a suite of ancillary services such as microgrids, distributed-energy solutions, and fiber-optic communications.

Key operating metrics show SO delivering about 96 TWh of electricity in FY 2023, with a regulated dividend yield near 4.3 % and a credit rating of A- (S&P). The company has pledged to add roughly 3 GW of renewable capacity by 2028, a target driven by state-level clean-energy mandates and the broader sector shift toward decarbonization. Capital expenditures are expected to stay above $12 billion annually, reflecting pipeline upgrades, grid modernization, and the need to fund interest-rate-sensitive debt in a rising-rate environment.

For a deeper quantitative view of SO’s valuation sensitivities and scenario analysis, you may find ValueRay’s toolset worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 4.46b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.59 > 1.0
NWC/Revenue: -14.18% < 20% (prev -4.26%; Δ -9.92% < -1%)
CFO/TA 0.06 > 3% & CFO 9.38b > Net Income 4.46b
Net Debt (70.40b) to EBITDA (14.02b): 5.02 < 3
Current Ratio: 0.75 > 1.5 & < 3
Outstanding Shares: last quarter (1.11b) vs 12m ago 0.63% < -2%
Gross Margin: 49.10% > 18% (prev 0.50%; Δ 4860 % > 0.5%)
Asset Turnover: 19.46% > 50% (prev 18.36%; Δ 1.10% > 0%)
Interest Coverage Ratio: 2.76 > 6 (EBITDA TTM 14.02b / Interest Expense TTM 3.04b)

Altman Z'' 0.72

A: -0.03 (Total Current Assets 12.63b - Total Current Liabilities 16.73b) / Total Assets 153.25b
B: 0.10 (Retained Earnings 15.25b / Total Assets 153.25b)
C: 0.06 (EBIT TTM 8.38b / Avg Total Assets 148.60b)
D: 0.18 (Book Value of Equity 20.64b / Total Liabilities 114.97b)
Altman-Z'' Score: 0.72 = B

Beneish M -3.16

DSRI: 0.81 (Receivables 3.90b/4.42b, Revenue 28.91b/26.43b)
GMI: 1.01 (GM 49.10% / 49.83%)
AQI: 0.95 (AQ_t 0.19 / AQ_t-1 0.19)
SGI: 1.09 (Revenue 28.91b / 26.43b)
TATA: -0.03 (NI 4.46b - CFO 9.38b) / TA 153.25b)
Beneish M-Score: -3.16 = AA

ValueRay F-Score (Strict, 0-100) 50.12

1. Piotroski: 4.0pt
2. FCF Yield: -1.19%
3. FCF Margin: -6.91%
4. Debt/Equity: 2.11
5. Debt/Ebitda: 5.02
6. ROIC - WACC: 2.86%
7. RoE: 13.11%
8. Revenue Trend: 26.49%
9. EPS Trend: -9.23%

What is the price of SO shares?

As of January 25, 2026, the stock is trading at USD 87.54 with a total of 4,502,919 shares traded.
Over the past week, the price has changed by -1.53%, over one month by +1.33%, over three months by -8.21% and over the past year by +9.98%.

Is SO a buy, sell or hold?

Southern has received a consensus analysts rating of 3.52. Therefor, it is recommend to hold SO.

Strong Buy: 5
Buy: 4
Hold: 10
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the SO price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	96.1	9.8%
Analysts Target Price	96.1	9.8%
ValueRay Target Price	94.2	7.6%

SO Fundamental Data Overview January 19, 2026

P/E Trailing = 22.1144
P/E Forward = 19.3798
P/S = 3.3856
P/B = 2.7966
P/EG = 3.1751
Revenue TTM = 28.91b USD
EBIT TTM = 8.38b USD
EBITDA TTM = 14.02b USD
Long Term Debt = 64.62b USD (from longTermDebt, last quarter)
Short Term Debt = 7.88b USD (from shortTermDebt, last quarter)
Debt = 73.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 70.40b USD (from netDebt column, last quarter)
Enterprise Value = 168.29b USD (97.89b + Debt 73.75b - CCE 3.34b)
Interest Coverage Ratio = 2.76 (Ebit TTM 8.38b / Interest Expense TTM 3.04b)
EV/FCF = -84.23x (Enterprise Value 168.29b / FCF TTM -2.00b)
FCF Yield = -1.19% (FCF TTM -2.00b / Enterprise Value 168.29b)
FCF Margin = -6.91% (FCF TTM -2.00b / Revenue TTM 28.91b)
Net Margin = 15.42% (Net Income TTM 4.46b / Revenue TTM 28.91b)
Gross Margin = 49.10% ((Revenue TTM 28.91b - Cost of Revenue TTM 14.72b) / Revenue TTM)
Gross Margin QoQ = 55.02% (prev 50.05%)
Tobins Q-Ratio = 1.10 (Enterprise Value 168.29b / Total Assets 153.25b)
Interest Expense / Debt = 1.02% (Interest Expense 755.0m / Debt 73.75b)
Taxrate = 18.95% (400.0m / 2.11b)
NOPAT = 6.80b (EBIT 8.38b * (1 - 18.95%))
Current Ratio = 0.75 (Total Current Assets 12.63b / Total Current Liabilities 16.73b)
Debt / Equity = 2.11 (Debt 73.75b / totalStockholderEquity, last quarter 35.00b)
Debt / EBITDA = 5.02 (Net Debt 70.40b / EBITDA 14.02b)
Debt / FCF = -35.24 (negative FCF - burning cash) (Net Debt 70.40b / FCF TTM -2.00b)
Total Stockholder Equity = 34.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 4.46b / Total Assets 153.25b)
RoE = 13.11% (Net Income TTM 4.46b / Total Stockholder Equity 34.02b)
RoCE = 8.50% (EBIT 8.38b / Capital Employed (Equity 34.02b + L.T.Debt 64.62b))
RoIC = 6.61% (NOPAT 6.80b / Invested Capital 102.79b)
WACC = 3.75% (E(97.89b)/V(171.63b) * Re(5.95%) + D(73.75b)/V(171.63b) * Rd(1.02%) * (1-Tc(0.19)))
Discount Rate = 5.95% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.52%
Fair Price DCF = unknown (Cash Flow -2.00b)
EPS Correlation: -9.23 | EPS CAGR: -46.85% | SUE: -4.0 | # QB: 0
Revenue Correlation: 26.49 | Revenue CAGR: 8.47% | SUE: -0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.27 | Chg30d=+0.001 | Revisions Net=-1 | Analysts=10
EPS next Year (2026-12-31): EPS=4.58 | Chg30d=-0.000 | Revisions Net=-1 | Growth EPS=+6.7% | Growth Revenue=+5.3%

Additional Sources for SO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle