Research Analysts’ Recent Ratings Updates for Southern (SO)

Southern (NYSE: SO) has recently received a number of price target changes and ratings updates:

• 5/1/2026 – Southern was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 5/1/2026 – Southern was given a new $105.00 price target by Mizuho.
• 5/1/2026 – Southern had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $104.00 price target on the stock.
• 4/21/2026 – Southern had its price target lowered by Morgan Stanley from $94.00 to $92.00. They now have an “underweight” rating on the stock.
• 4/21/2026 – Southern is now covered by Truist Financial Corporation. They set a “hold” rating and a $103.00 price target on the stock.
• 4/20/2026 – Southern was downgraded by Seaport Research Partners from “buy” to “neutral”.
• 4/10/2026 – Southern had its “buy” rating reaffirmed by Citigroup Inc..
• 4/10/2026 – Southern had its price target raised by Barclays PLC from $88.00 to $99.00. They now have an “equal weight” rating on the stock.

Southern Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 3.2%. This is a positive change from Southern’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Monday, May 18th. Southern’s payout ratio is currently 75.32%.

Insider Activity

In other news, EVP Christopher Cummiskey sold 6,669 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $96.55, for a total transaction of $643,891.95. Following the completion of the transaction, the executive vice president directly owned 30,800 shares of the company’s stock, valued at approximately $2,973,740. This represents a 17.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kimberly S. Greene sold 25,000 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $96.67, for a total transaction of $2,416,750.00. Following the transaction, the chief executive officer directly owned 103,602 shares of the company’s stock, valued at approximately $10,015,205.34. This trade represents a 19.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.16% of the company’s stock.

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.