Southern Company (SO)
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
$93.34+0.24%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
QuarterlyIQ Insights · SO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 7.3% |
| Our one-year growth estimate | diamond | 6.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 1.0 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 21 industry peers · Company calendar date is not available
SO — capital allocation
Dated 2026-08-06
by reference. The Company offered and sold the Convertible Notes to the Initial Purchasers in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and for resale by the Initial Purchasers to persons reasonably believed to be qualified institutional buyers pursuant to the exemption from registration provided by Rule 144A under the Securities Act. The Company relied on these exemptions from registration based i…
Why it matters: Q2 revenue was nearly flat year over year. Faster growth would support management's plan to serve new customer demand.
Supportive ifQ3 revenue grows more than 0.1% from the same quarter a year earlier.
Worry ifQ3 revenue is flat or lower year over year.
Why it matters: Southern Company reported $1.13 adjusted EPS in Q2. A higher Q3 result would extend its recent earnings growth.
Supportive ifIn its November 5 earnings report, Q3 adjusted EPS is above $1.13.
Worry ifQ3 adjusted EPS is $1.13 or lower.
Why it matters: The company issued about $2.73 billion in new notes. Using the remaining proceeds to repay short-term debt would show the plan is reducing near-term debt.
Watch forA company filing or earnings update confirms that the remaining note proceeds paid off short-term debt.
Also watch forA filing or earnings update says the proceeds were not used to repay short-term debt, or short-term debt rises.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$70 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $181 loss on $10,000 · 1.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,691 loss on $10,000 · 16.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.