Wells Fargo has initiated coverage on Southern Co (SO) with an Equal-Weight rating, marking the firm's first assessment of the utility giant. This rating reflects Wells Fargo's analysis of Southern Co's business fundamentals, industry dynamics, and growth prospects.
Southern Co operates as a holding company engaged in the generation and sale of electricity, with its headquarters in Atlanta, Georgia. The company provides electric service through its traditional operating companies—Alabama Power, Georgia Power, and Mississippi Power—serving retail customers across three Southeastern states. Additionally, Southern Co owns Southern Power Company, which manages power generation assets, including renewable projects, and Southern Company Gas, responsible for natural gas distribution in four states.
As of November 8, 2025, Southern Co has a market capitalization of $100.9 billion, a P/E ratio of 22.63, and an EPS of 4.03. The company offers a robust dividend yield of 325.6%. Upcoming earnings reports are scheduled for July 28 and April 28, 2026, with estimated EPS of $1.06 and $1.34, respectively.
The recent analyst consensus shows a total of 33 ratings, including 6 Strong Buy, 9 Buy, 17 Hold, 1 Sell, and 0 Strong Sell, indicating a general positive sentiment towards the stock.
Analyst ratings and price targets provide a professional perspective grounded in research and financial modeling. However, they are based on assumptions that may not always hold true. Therefore, investors should consider a variety of factors, including company fundamentals and market trends, when making decisions.