SO Stock Summary and Trading Ideas (Southern Company | NYSE:SO)

Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

Southern Company trades on the NYSE stock market under the symbol SO.

As of March 6, 2025, SO stock price climbed to $88.72 with 4,947,809 million shares trading.

SO has a beta of -0.07, meaning it tends to be less sensitive to market movements. SO has a correlation of 0.00 to the broad based SPY ETF.

SO has a market cap of $97.31 billion. This is considered a Large Cap stock.

Last quarter Southern Company reported $6 billion in Revenue and $.50 earnings per share. This beat revenue expectation by $441 million and missed earnings estimates by -$.01.

In the last 3 years, SO traded as high as $94.45 and as low as $58.85.

The top ETF exchange traded funds that SO belongs to (by Net Assets): VTI, VOO, XLU, SPY, IVV.

SO has outperformed the market in the last year with a price return of +34.7% while the SPY ETF gained +14.3%. SO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.8% and +2.6%, respectively, while the SPY returned -5.3% and -6.6%, respectively.

SO support price is $87.61 and resistance is $89.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SO shares will trade within this expected range on the day.