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Analysts See $1.03 EPS for The Southern Company (SO) - Money Making Articles Hot Stuff

Analysts See $1.03 EPS for The Southern Company (SO)

October 14, 2018 - By Louis Casey

The Southern Company (NYSE:SO) LogoInvestors sentiment increased to 1.01 in Q2 2018. Its up 0.12, from 0.89 in 2018Q1. It is positive, as 49 investors sold The Southern Company shares while 332 reduced holdings. 79 funds opened positions while 306 raised stakes. 563.55 million shares or 0.88% more from 558.65 million shares in 2018Q1 were reported.
Vident Invest Advisory owns 23,734 shares or 0.04% of their US portfolio. Congress Asset Company Ma has 9,376 shares for 0.01% of their portfolio. Prudential Fin Inc, New Jersey-based fund reported 1.23M shares. Oakbrook Invs Llc holds 0.11% or 38,669 shares in its portfolio. Pzena Inv Mngmt Ltd Liability stated it has 10,846 shares. Barrett Asset Limited Liability has invested 0.01% in The Southern Company (NYSE:SO). Moreover, Southeast Asset Advsrs has 0.23% invested in The Southern Company (NYSE:SO) for 17,317 shares. Retirement System Of Alabama invested in 474,232 shares. Columbia Asset Management has 0.38% invested in The Southern Company (NYSE:SO) for 28,257 shares. First Allied Advisory Ser holds 0.09% or 51,807 shares in its portfolio. Dimensional Fund Limited Partnership reported 0.03% stake. Comml Bank Of The Ozarks reported 17,950 shares. Whittier Trust holds 0.01% in The Southern Company (NYSE:SO) or 3,714 shares. Gradient Invs Lc reported 6,203 shares stake. Soros Fund Management Limited Liability Company reported 0.09% stake.

Since August 16, 2018, it had 0 buys, and 1 sale for $776,025 activity.

Analysts expect The Southern Company (NYSE:SO) to report $1.03 EPS on November, 7.They anticipate $0.09 EPS change or 8.04 % from last quarter’s $1.12 EPS. SO’s profit would be $1.04B giving it 10.58 P/E if the $1.03 EPS is correct. After having $0.80 EPS previously, The Southern Company’s analysts see 28.75 % EPS growth. The stock increased 0.09% or $0.04 during the last trading session, reaching $43.58. About 6.17 million shares traded. The Southern Company (NYSE:SO) has declined 10.98% since October 14, 2017 and is downtrending. It has underperformed by 26.60% the S&P500.

The Southern Company (NYSE:SO) Ratings Coverage

Among 9 analysts covering Southern (NYSE:SO), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Southern had 16 analyst reports since April 16, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, August 9 by Guggenheim. On Monday, July 16 the stock rating was maintained by Morgan Stanley with “Underweight”. The stock of The Southern Company (NYSE:SO) has “Hold” rating given on Monday, April 23 by SunTrust. As per Thursday, August 9, the company rating was downgraded by Barclays Capital. On Friday, September 21 the stock rating was maintained by Morgan Stanley with “Underweight”. The stock of The Southern Company (NYSE:SO) earned “Sector Perform” rating by Scotia Capital on Tuesday, July 24. Citigroup upgraded The Southern Company (NYSE:SO) on Friday, June 22 to “Neutral” rating. On Thursday, August 9 the stock rating was downgraded by Credit Suisse to “Underperform”. Bank of America maintained the shares of SO in report on Wednesday, August 22 with “Underperform” rating. Bank of America upgraded the shares of SO in report on Wednesday, October 10 to “Neutral” rating.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company has market cap of $44.20 billion. The firm also constructs, acquires, owns, and manages power generation assets, including renewable energy projects; sells electricity in the wholesale market; and distributes natural gas in seven states, as well as provides gas marketing services, wholesale gas services, and gas midstream operations. It has a 18.87 P/E ratio. It owns/operates 33 hydroelectric generating stations, 29 fossil fuel generating stations, 3 nuclear generating stations, 14 combined cycle/cogeneration stations, 33 solar facilities, 9 wind facilities, 1 biomass facility, and 1 landfill gas facility.

More important recent The Southern Company (NYSE:SO) news were published by: Seekingalpha.com which released: “Dominion, Duke Energy, Georgia Power work to restore power after storm” on October 12, 2018, also Seekingalpha.com published article titled: “Duke Energy, Southern Co. assessing massive damage after hurricane”, Seekingalpha.com published: “Sticking With Southern After Another Vogtle Deal” on October 09, 2018. More interesting news about The Southern Company (NYSE:SO) was released by: Seekingalpha.com and their article: “Vogtle nuclear plant co-owners again extend deadline” with publication date: September 26, 2018.

The Southern Company (NYSE:SO) Institutional Positions Chart

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