KeyCorp预测，这家南方公司将公布2023年第二季度每股收益1.13美元（纽约证券交易所代码：SO）|KeyCorp_新浪财经

The Southern Company (NYSE:SO – Get Rating) – Stock analysts at KeyCorp issued their Q2 2023 earnings per share (EPS) estimates for shares of Southern in a report released on Thursday, March 23rd. KeyCorp analyst S. Karp anticipates that the utilities provider will post earnings of $1.13 per share for the quarter. The consensus estimate for Southern's current full-year earnings is $3.61 per share. KeyCorp also issued estimates for Southern's FY2024 earnings at $4.04 EPS, FY2025 earnings at $4.28 EPS and FY2026 earnings at $4.54 EPS.

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Other research analysts also recently issued reports about the company. Credit Suisse Group boosted their price target on Southern from $60.00 to $70.00 and gave the company an "underperform" rating in a report on Wednesday, January 18th. BMO Capital Markets upped their price objective on shares of Southern from $68.00 to $74.00 and gave the company a "market perform" rating in a research note on Friday, December 16th. Royal Bank of Canada lowered their target price on shares of Southern from $79.00 to $78.00 and set an "outperform" rating for the company in a report on Thursday, March 2nd. Morgan Stanley decreased their price target on shares of Southern from $61.00 to $57.00 and set an "underweight" rating on the stock in a report on Tuesday, March 21st. Finally, Wolfe Research upgraded Southern from a "peer perform" rating to an "outperform" rating and set a $76.00 price objective for the company in a report on Monday, December 12th. Six analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $71.64.

Southern Price Performance

Shares of NYSE SO opened at $68.59 on Monday. The firm has a market capitalization of $74.69 billion, a P/E ratio of 20.91, a PEG ratio of 4.60 and a beta of 0.49. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.52 and a current ratio of 0.66. Southern has a one year low of $58.85 and a one year high of $80.57. The company's fifty day moving average is $66.51 and its two-hundred day moving average is $68.15.

Southern (NYSE:SO – Get Rating) last released its quarterly earnings results on Thursday, February 16th. The utilities provider reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The business had revenue of $7.05 billion during the quarter, compared to analysts' expectations of $4.83 billion. Southern had a return on equity of 11.73% and a net margin of 12.40%. The company's revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 EPS.

Southern Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 6th. Stockholders of record on Tuesday, February 21st were paid a $0.68 dividend. The ex-dividend date was Friday, February 17th. This represents a $2.72 annualized dividend and a dividend yield of 3.97%. Southern's dividend payout ratio is currently 82.93%.

Insider Activity

In other Southern news, CEO Stephen E. Kuczynski sold 14,546 shares of the firm's stock in a transaction dated Tuesday, January 10th. The shares were sold at an average price of $70.95, for a total value of $1,032,038.70. Following the completion of the sale, the chief executive officer now owns 120,786 shares in the company, valued at approximately $8,569,766.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Christopher Cummiskey sold 852 shares of the firm's stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $67.31, for a total value of $57,348.12. Following the completion of the sale, the executive vice president now directly owns 22,059 shares in the company, valued at approximately $1,484,791.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Stephen E. Kuczynski sold 14,546 shares of Southern stock in a transaction dated Tuesday, January 10th. The stock was sold at an average price of $70.95, for a total transaction of $1,032,038.70. Following the sale, the chief executive officer now directly owns 120,786 shares of the company's stock, valued at approximately $8,569,766.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,680 shares of company stock worth $1,174,768. Corporate insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On Southern

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Chilton Capital Management LLC acquired a new stake in shares of Southern during the 2nd quarter valued at $25,000. Bell Investment Advisors Inc raised its stake in shares of Southern by 127.6% during the fourth quarter. Bell Investment Advisors Inc now owns 421 shares of the utilities provider's stock valued at $30,000 after acquiring an additional 236 shares during the last quarter. Horizon Bancorp Inc. IN acquired a new position in shares of Southern during the fourth quarter worth $30,000. VitalStone Financial LLC bought a new stake in shares of Southern in the fourth quarter worth $34,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in Southern in the fourth quarter valued at $34,000. 61.78% of the stock is currently owned by institutional investors and hedge funds.

About Southern

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The Southern Co is a holding company, which engages in the generation and sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power and Southern Company Gas. The Traditional Electric Operating Companies segment refers to vertically integrated utilities that own generation, transmission and distribution facilities, and supplies electric services in the states of Alabama, Georgia, Florida, and Mississippi.