Headlines about Southern (NYSE:SO) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Southern earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.5934430449005 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
A number of research analysts have commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Southern in a research report on Friday, January 12th. They issued an “underweight” rating and a $46.00 target price on the stock. SunTrust Banks reissued a “hold” rating and set a $52.00 price target on shares of Southern in a research report on Friday, October 20th. Mizuho reissued a “buy” rating and set a $52.00 price target on shares of Southern in a research report on Tuesday, December 26th. Bank of America reissued an “underperform” rating and set a $51.00 price target on shares of Southern in a research report on Tuesday, October 24th. Finally, Morgan Stanley reduced their price target on shares of Southern from $48.00 to $44.00 and set an “underweight” rating on the stock in a research report on Tuesday. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $50.03.
Southern (NYSE:SO) traded down $1.04 during mid-day trading on Wednesday, hitting $43.58. 8,007,636 shares of the company were exchanged, compared to its average volume of 8,440,000. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.73 and a quick ratio of 0.57. Southern has a 12-month low of $42.63 and a 12-month high of $53.51. The stock has a market capitalization of $43,740.00, a price-to-earnings ratio of 77.82, a price-to-earnings-growth ratio of 3.31 and a beta of 0.03.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.58 per share. The ex-dividend date is Friday, February 16th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 5.32%. Southern’s payout ratio is 414.29%.
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The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company’s segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other.
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