Southern Company (The) Series 2 (SOJE) Stock Insights
SOJE$15.02-0.12 -0.79%
$105.52B
Market Cap
22.20
P/E
3.27
Forward P/E
44
Score
Southern Company (The) Series 2 (SOJE) Stock Insights
SOJE price $15.02 -0.12 -0.79%
- Ticker
- SOJE
- Price
- $15.02
- Change
- -0.12 -0.79%
- Market cap ?
- $105.52B
- P/E ?
- 22.20
- Forward P/E ?
- 3.27
- Dividend yield ?
- 3.24%
- Beta ?
- 0.43
- Sector
- Utilities
- Industry
- Regulated Electric
- Stocklytics score
- 44
- Value
- 58
- Quality
- 33
- Growth
- 42
Stocklytics score rationale: value 58, quality 33, growth 42.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 19896000000 | 23031000000 | 23495000000 | 21419000000 | 20375000000 | 23113000000 | 29279000000 | 25253000000 | 26724000000 | 29553000000 |
Southern Company operates as an energy holding company, primarily engaged in generating and selling electricity. Its operations are divided into three distinct business units. The first, Traditional Electric Operating Companies, encompasses integrated utilities responsible for power generation, transmission, and distribution infrastructure, supplying electricity across Alabama, Georgia, Florida, and Mississippi. The…
Fair value
SOJE fair value $59.82. Price $15.02. Price is 75% below fair value.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 5.21B. Growth 3.51%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 1.15B. Net debt 72.44B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 1.71 | — | 8.38B |
| 2026-07-30 | 1.13 | 1.01 | 6.98B | 7.23B |
| 2026-04-30 | 1.32 | 1.21 | 8.40B | 8.07B |
| 2026-02-19 | 0.55 | 0.56 | 6.98B | 6.10B |
| 2025-10-29 | 1.54 | 1.51 | 7.82B | 7.62B |
| 2025-07-30 | 0.79 | 0.88 | 6.97B | 6.36B |
| 2025-04-30 | 1.21 | 1.20 | 7.78B | 7.15B |
| 2025-02-19 | 0.48 | 0.51 | 6.34B | 5.90B |
| 2024-10-30 | 1.39 | 1.34 | 7.27B | 7.14B |
| 2024-06-30 | 1.09 | 0.93 | 6.46B | 6.10B |
| 2024-05-01 | 1.03 | 0.90 | 6.65B | 6.59B |
| 2024-02-15 | 0.64 | 0.60 | 6.04B | 6.90B |
| 2023-09-30 | 1.29 | 1.32 | 6.98B | 8.23B |
| 2023-08-02 | 0.76 | 0.75 | 5.75B | 6.47B |
| 2023-04-26 | 0.79 | — | 6.48B | — |
| 2023-02-15 | -0.08 | — | 7.05B | — |
| 2022-10-26 | 1.36 | — | 8.38B | — |
| 2022-07-27 | 1.04 | — | 7.22B | — |
| 2022-04-27 | 0.97 | — | 6.65B | — |
| 2022-02-16 | -0.19 | — | 5.76B | — |
| 2021-11-03 | 1.03 | — | 6.24B | — |
| 2021-07-28 | 0.35 | — | 5.30B | — |
| 2021-04-28 | 1.07 | — | 5.93B | — |
| 2021-02-17 | 0.37 | — | 5.12B | — |
| 2020-10-28 | 1.18 | — | 5.62B | — |
| 2020-07-29 | 0.58 | — | 4.62B | — |
| 2020-04-29 | 0.81 | — | 5.02B | — |
| 2020-02-19 | 0.42 | — | 4.91B | — |
| 2019-10-29 | 1.25 | — | 6.00B | — |
| 2019-07-30 | 0.85 | — | 5.10B | — |
| 2019-04-30 | 1.99 | — | 5.41B | — |
| 2019-02-19 | 0.27 | — | 5.34B | — |
| 2018-11-06 | 1.13 | — | 6.16B | — |
| 2018-08-07 | -0.15 | — | 5.63B | — |
| 2018-05-01 | 0.92 | — | 6.37B | — |
| 2018-02-21 | 0.49 | — | 5.63B | — |
| 2017-10-31 | 1.06 | — | 6.20B | — |
| 2017-08-01 | -1.38 | — | 5.43B | — |
| 2017-05-02 | 0.66 | — | 5.77B | — |
| 2017-02-22 | 0.20 | — | 5.18B | — |
Dividends
Yield 6.99%. Payout ratio 66.57%. Frequency Quarterly.
Safety score 73/100 · Moderate. Payout ratio is 67% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 6 separate years. Yield is 7.0%, which is on the high side.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-10-14 | $0.26 | 2026-10-14 | 2026-10-15 | Quarterly |
| 2026-07-14 | $0.26 | 2026-07-14 | 2026-07-15 | Quarterly |
| 2026-04-14 | $0.26 | 2026-04-14 | 2026-04-15 | Quarterly |
| 2026-01-14 | $0.26 | 2026-01-14 | 2026-01-15 | Quarterly |
| 2025-10-14 | $0.26 | 2025-10-14 | 2025-10-15 | Quarterly |
| 2025-07-14 | $0.26 | 2025-07-14 | 2025-07-15 | Quarterly |
| 2025-04-14 | $0.26 | 2025-04-15 | 2025-04-15 | Quarterly |
| 2025-01-14 | $0.26 | 2025-01-14 | 2025-01-15 | Quarterly |
| 2024-10-11 | $0.26 | 2024-10-14 | 2024-10-15 | Quarterly |
| 2024-07-12 | $0.26 | 2024-07-12 | 2024-07-15 | Quarterly |
| 2024-04-11 | $0.26 | 2024-04-12 | 2024-04-15 | Quarterly |
| 2024-01-11 | $0.26 | 2024-01-12 | 2024-01-16 | Quarterly |
| 2023-10-12 | $0.26 | 2023-10-13 | 2023-10-16 | Quarterly |
| 2023-07-13 | $0.26 | 2023-07-14 | 2023-07-17 | Quarterly |
| 2023-04-13 | $0.26 | 2023-04-14 | 2023-04-15 | Quarterly |
| 2023-01-12 | $0.26 | 2023-01-13 | 2023-01-17 | Quarterly |
| 2022-10-13 | $0.26 | 2022-10-14 | 2022-10-15 | Quarterly |
| 2022-07-13 | $0.26 | 2022-07-14 | 2022-07-15 | Quarterly |
| 2022-04-13 | $0.26 | 2022-04-14 | 2022-04-15 | Quarterly |
| 2022-01-13 | $0.26 | 2022-01-14 | 2022-01-15 | Quarterly |
| 2021-10-13 | $0.26 | 2021-10-14 | 2021-10-15 | Quarterly |
| 2021-07-13 | $0.26 | 2021-07-14 | 2021-07-15 | Quarterly |
| 2021-04-13 | $0.26 | 2021-04-14 | 2021-04-15 | Quarterly |
| 2021-01-13 | $0.34 | 2021-01-14 | 2021-01-15 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Akella Janaki | Buy | 539 | $83.47 | 45.00K |
| 2026-10-01 | Cooper Shantella E. | Buy | 539 | $83.47 | 45.00K |
| 2026-10-01 | Etheredge James O | Buy | 539 | $83.47 | 45.00K |
| 2026-10-01 | JOHNS JOHN D | Buy | 539 | $83.47 | 45.00K |
| 2026-10-01 | GRAIN DAVID J | Buy | 973 | $83.47 | 81.25K |
| 2026-10-01 | SMITH WILLIAM G JR | Buy | 988 | $83.47 | 82.50K |
| 2026-10-01 | Svinicki Kristine L | Buy | 539 | $83.47 | 45.00K |
| 2026-10-01 | MEADOR DAVID E | Buy | 914 | $83.47 | 76.25K |
| 2026-10-01 | Turner John M JR | Buy | 914 | — | — |
| 2026-10-01 | Thomas Lizanne | Buy | 539 | — | — |
| 2026-10-01 | EARLEY ANTHONY F JR | Buy | 539 | — | — |
| 2026-10-01 | EARLEY ANTHONY F JR | Buy | 262 | — | — |
| 2026-10-01 | Kim Matthew M. | Sell | 100 | $82.73 | 8.27K |
| 2026-09-03 | Sena Peter P III | Sell | 4.27K | $88.59 | 377.92K |
| 2026-09-03 | Kim Matthew M. | Sell | 1.40K | $88.87 | 124.42K |
| 2026-09-01 | Kim Matthew M. | Sell | 100 | $88.45 | 8.85K |
| 2026-08-06 | Spainhour Sterling A Jr. | Sell | 3.33K | $94.02 | 313.37K |
| 2026-08-03 | Kim Matthew M. | Sell | 100 | $94.28 | 9.43K |
| 2026-07-01 | Kim Matthew M. | Sell | 100 | $95.77 | 9.58K |
| 2026-07-01 | EARLEY ANTHONY F JR | Buy | 473 | — | — |
| 2026-07-01 | EARLEY ANTHONY F JR | Buy | 230 | — | — |
| 2026-07-01 | Cooper Shantella E. | Buy | 473 | — | — |
| 2026-07-01 | SMITH WILLIAM G JR | Buy | 867 | — | — |
| 2026-07-01 | MEADOR DAVID E | Buy | 802 | — | — |
| 2026-07-01 | GRAIN DAVID J | Buy | 854 | — | — |
| 2026-07-01 | Turner John M JR | Buy | 802 | — | — |
| 2026-07-01 | Thomas Lizanne | Buy | 473 | — | — |
| 2026-07-01 | Svinicki Kristine L | Buy | 473 | — | — |
| 2026-07-01 | JOHNS JOHN D | Buy | 473 | — | — |
| 2026-07-01 | Akella Janaki | Buy | 473 | — | — |
| 2026-07-01 | Etheredge James O | Buy | 473 | — | — |
| 2026-06-28 | Sena Peter P III | Buy | 712 | — | — |
| 2026-06-28 | Sena Peter P III | Sell | 316 | $97.16 | 30.70K |
| 2026-06-28 | Sena Peter P III | Sell | 667 | — | — |
| 2026-06-01 | Kim Matthew M. | Sell | 100 | $91.16 | 9.12K |
| 2026-05-24 | WOMACK CHRISTOPHER C | Buy | 7.66K | — | — |
| 2026-05-24 | WOMACK CHRISTOPHER C | Sell | 3.41K | $94.55 | 322.79K |
| 2026-05-24 | WOMACK CHRISTOPHER C | Sell | 6.90K | — | — |
| 2026-05-01 | Kim Matthew M. | Sell | 100 | $96.57 | 9.66K |
| 2026-04-01 | Kim Matthew M. | Buy | 82 | — | — |
| 2026-04-01 | Kim Matthew M. | Sell | 82 | $96.94 | 7.95K |
| 2026-04-01 | Kim Matthew M. | Sell | 42 | — | — |
| 2026-04-01 | Kim Matthew M. | Sell | 23 | — | — |
| 2026-04-01 | Kim Matthew M. | Sell | 13 | — | — |
| 2026-04-01 | JOHNS JOHN D | Buy | 464 | — | — |
| 2026-04-01 | GRAIN DAVID J | Buy | 838 | — | — |
| 2026-04-01 | Turner John M JR | Buy | 787 | — | — |
| 2026-04-01 | SMITH WILLIAM G JR | Buy | 851 | — | — |
| 2026-04-01 | MEADOR DAVID E | Buy | 787 | — | — |
| 2026-04-01 | Svinicki Kristine L | Buy | 464 | — | — |
| 2026-04-01 | Thomas Lizanne | Buy | 464 | — | — |
| 2026-04-01 | Klein Dale E. | Buy | 464 | — | — |
| 2026-04-01 | JAMES DONALD M | Buy | 464 | — | — |
| 2026-04-01 | Etheredge James O | Buy | 464 | — | — |
| 2026-04-01 | EARLEY ANTHONY F JR | Buy | 464 | — | — |
| 2026-04-01 | EARLEY ANTHONY F JR | Buy | 298 | — | — |
| 2026-04-01 | Cooper Shantella E. | Buy | 464 | — | — |
| 2026-04-01 | Akella Janaki | Buy | 464 | — | — |
| 2026-03-30 | Greene Kimberly S, | Sell | 25.00K | $96.67 | 2.42M |
| 2026-03-19 | Cummiskey Christopher | Sell | 6.67K | $96.55 | 643.89K |
| 2026-03-18 | Connally Stan W | Sell | 12.50K | $97.13 | 1.21M |
| 2026-03-08 | Drake Sloane N | Buy | 1.42K | — | — |
| 2026-03-08 | Drake Sloane N | Sell | 633 | $97.48 | 61.70K |
| 2026-03-08 | Drake Sloane N | Sell | 1.27K | — | — |
| 2026-03-06 | Spainhour Sterling A Jr. | Sell | 6.33K | $97.64 | 618.06K |
| 2026-02-26 | EARLEY ANTHONY F JR | Sell | 15.00K | — | — |
| 2026-02-24 | Kim Matthew M. | Sell | 5.12K | $95.15 | 487.45K |
| 2026-02-16 | WOMACK CHRISTOPHER C | Buy | 117.33K | — | — |
| 2026-02-16 | WOMACK CHRISTOPHER C | Sell | 52.26K | $90.86 | 4.75M |
| 2026-02-16 | WOMACK CHRISTOPHER C | Buy | 62.22K | — | — |
| 2026-02-16 | WOMACK CHRISTOPHER C | Buy | 13.75K | — | — |
| 2026-02-16 | WOMACK CHRISTOPHER C | Sell | 6.77K | $90.86 | 615.30K |
| 2026-02-16 | WOMACK CHRISTOPHER C | Sell | 27.71K | $90.86 | 2.52M |
| 2026-02-16 | WOMACK CHRISTOPHER C | Sell | 13.30K | — | — |
| 2026-02-11 | Kim Matthew M. | Sell | 2.01K | $90.86 | 182.99K |
| 2026-02-11 | Kim Matthew M. | Buy | 4.45K | — | — |
| 2026-02-11 | Cherry Pedro P. | Buy | 9.70K | — | — |
| 2026-02-11 | Cherry Pedro P. | Buy | 406 | — | — |
| 2026-02-11 | Cherry Pedro P. | Sell | 196 | $90.86 | 17.81K |
| 2026-02-11 | Cherry Pedro P. | Sell | 4.24K | $90.86 | 384.97K |
| 2026-02-11 | Cherry Pedro P. | Sell | 395 | — | — |
| 2026-02-11 | Poroch David P. | Buy | 9.45K | — | — |
| 2026-02-11 | Poroch David P. | Buy | 568 | — | — |
| 2026-02-11 | Poroch David P. | Sell | 281 | $90.86 | 25.53K |
| 2026-02-11 | Poroch David P. | Sell | 2.91K | $90.86 | 264.77K |
| 2026-02-11 | Poroch David P. | Sell | 558 | — | — |
| 2026-02-11 | Sena Peter P III | Buy | 22.70K | — | — |
| 2026-02-11 | Sena Peter P III | Buy | 2.31K | — | — |
| 2026-02-11 | Sena Peter P III | Sell | 1.03K | $90.86 | 93.22K |
| 2026-02-11 | Sena Peter P III | Sell | 10.07K | $90.86 | 914.69K |
| 2026-02-11 | Sena Peter P III | Sell | 2.23K | — | — |
| 2026-02-11 | Kerr, II James Y | Buy | 44.52K | — | — |
| 2026-02-11 | Kerr, II James Y | Buy | 2.83K | — | — |
| 2026-02-11 | Kerr, II James Y | Sell | 1.39K | $90.86 | 126.66K |
| 2026-02-11 | Kerr, II James Y | Sell | 19.83K | $90.86 | 1.80M |
| 2026-02-11 | Kerr, II James Y | Sell | 2.74K | — | — |
| 2026-02-11 | Spainhour Sterling A Jr. | Buy | 30.64K | — | — |
| 2026-02-11 | Spainhour Sterling A Jr. | Buy | 2.53K | — | — |
| 2026-02-11 | Spainhour Sterling A Jr. | Sell | 1.13K | $90.86 | 102.31K |
| 2026-02-11 | Spainhour Sterling A Jr. | Sell | 13.65K | $90.86 | 1.24M |
Institutional holders
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| No data yet. | ||||
Insights
- Revenue by product
| Period | Value |
|---|---|
| FY2010 | Electric Utilities: 17374000000.0 |
| FY2011 | Electric Utilities: 17587000000.0 |
| FY2018 | Alternative Energy: -20000000.0, Other Electric Revenue: 664000000.0 |
| FY2019 | Natural Gas Distribution: 2989000000.0, Natural Gas Distribution - Commercial: 389000000.0, Natural Gas Distribution - Industrial: 35000000.0, Natural Gas Distribution - Other: 245000000.0, Natural Gas Distribution - Residential: 1413000000.0, Natural Gas Distribution - Transportation: 907000000.0, Other Adjustments: -5443000000.0, Other Natural Gas: 2609000000.0, Other Natural Gas - Gas Marketing Services: 440000000.0, Other Natural Gas - Gas Pipeline Investments: 32000000.0, Other Natural Gas - Other Natural Gas Revenues: 42000000.0, Other Natural Gas - Wholesale Gas Services: 2095000000.0 |
| FY2020 | Electric Utilities: 1399000000.0, Natural Gas Distribution: 2888000000.0, Natural Gas Distribution - Commercial: 340000000.0, Natural Gas Distribution - Industrial: 30000000.0, Natural Gas Distribution - Other: 209000000.0, Natural Gas Distribution - Residential: 1338000000.0, Natural Gas Distribution - Transportation: 971000000.0, Other Adjustments: 0.0, Other Natural Gas: 2151000000.0, Other Natural Gas - Gas Marketing Services: 391000000.0, Other Natural Gas - Other Natural Gas Revenues: 33000000.0, Other Natural Gas - Wholesale Gas Services: 1727000000.0, Other Revenue Sources: 2881000000.0, Other Revenues: 14000000.0, Retail Electric: 0.0, Retail Electric - Commercial: 0.0, Retail Electric - Industrial: 0.0, Retail Electric - Other: 0.0, Retail Electric - Residential: 0.0, Wholesale Electric - Non-PPA Revenues: 239000000.0, Wholesale Electric - PPA Capacity Revenues: 296000000.0, Wholesale Electric - PPA Energy Revenues: 570000000.0 |
| FY2021 | Electric Utilities: 1851000000.0, Natural Gas Distribution: 3625000000.0, Natural Gas Distribution - Commercial: 470000000.0, Natural Gas Distribution - Industrial: 49000000.0, Natural Gas Distribution - Other: 269000000.0, Natural Gas Distribution - Residential: 1799000000.0, Natural Gas Distribution - Transportation: 1038000000.0, Other Adjustments: 0.0, Other Natural Gas: 2668000000.0, Other Natural Gas - Gas Marketing Services: 464000000.0, Other Natural Gas - Other Natural Gas Revenues: 36000000.0, Other Natural Gas - Wholesale Gas Services: 2168000000.0, Other Revenue Sources: 1786000000.0, Other Revenues: 30000000.0, Retail Electric: 0.0, Retail Electric - Commercial: 0.0, Retail Electric - Industrial: 0.0, Retail Electric - Other: 0.0, Retail Electric - Residential: 0.0, Wholesale Electric - Non-PPA Revenues: 398000000.0, Wholesale Electric - PPA Capacity Revenues: 323000000.0, Wholesale Electric - PPA Energy Revenues: 854000000.0 |
| FY2022 | Natural Gas Distribution: 5218000000.0, Natural Gas Distribution - Commercial: 763000000.0, Natural Gas Distribution - Industrial: 84000000.0, Natural Gas Distribution - Other: 342000000.0, Natural Gas Distribution - Residential: 2843000000.0, Natural Gas Distribution - Transportation: 1186000000.0, Other Natural Gas: 687000000.0, Other Natural Gas - Gas Marketing Services: 636000000.0, Other Natural Gas - Other Natural Gas Revenues: 51000000.0 |
| FY2024 | Gas Distribution Operations: 3899000000.0, Gas Marketing Services: 516000000.0, Gas Pipeline Investments: 32000000.0, Southern Company Gas: 4456000000.0 |
| FY2025 | Gas Distribution Operations: 4428000000.0, Gas Marketing Services: 582000000.0, Gas Pipeline Investments: 32000000.0, Southern Company Gas: 5044000000.0 |
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