What is KeyCorp’s Estimate for Southern Q2 Earnings?

by · The Markets Daily

Southern Company (The) (NYSE:SO – Free Report) – KeyCorp issued their Q2 2026 EPS estimates for shares of Southern in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the utilities provider will earn $1.00 per share for the quarter. KeyCorp has a “Underweight” rating and a $79.00 price objective on the stock. The consensus estimate for Southern’s current full-year earnings is $4.58 per share. KeyCorp also issued estimates for Southern’s FY2026 earnings at $4.58 EPS.

Southern (NYSE:SO – Get Free Report) last issued its earnings results on Wednesday, April 29th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.11. The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.07 billion. Southern had a net margin of 14.46% and a return on equity of 12.64%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $1.23 EPS.

Several other research firms have also issued reports on SO. Citigroup reaffirmed a “buy” rating on shares of Southern in a research note on Friday, April 10th. Mizuho set a $105.00 price objective on Southern in a research report on Friday, May 1st. Barclays decreased their target price on Southern from $99.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 18th. Seaport Research Partners downgraded shares of Southern from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. increased their price objective on Southern from $101.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Southern has a consensus rating of “Hold” and an average price target of $100.21.

View Our Latest Stock Analysis on Southern

Southern Stock Down 0.8%

Shares of Southern stock opened at $96.45 on Monday. The firm has a market cap of $108.73 billion, a price-to-earnings ratio of 24.54, a P/E/G ratio of 1.90 and a beta of 0.34. The stock has a 50-day simple moving average of $94.49 and a 200-day simple moving average of $93.80. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.65 and a quick ratio of 0.45. Southern has a 52-week low of $83.80 and a 52-week high of $100.83.

Institutional Trading of Southern

A number of hedge funds and other institutional investors have recently modified their holdings of SO. Regent Peak Wealth Advisors LLC lifted its holdings in Southern by 54.8% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 20,560 shares of the utilities provider’s stock worth $1,968,000 after buying an additional 7,280 shares in the last quarter. Wedge Capital Management L L P NC acquired a new stake in shares of Southern in the 2nd quarter valued at $232,000. JFS Wealth Advisors LLC raised its position in shares of Southern by 28.5% during the second quarter. JFS Wealth Advisors LLC now owns 1,655 shares of the utilities provider’s stock worth $158,000 after acquiring an additional 367 shares during the last quarter. Tema ETFs LLC raised its position in shares of Southern by 10.3% during the second quarter. Tema ETFs LLC now owns 20,157 shares of the utilities provider’s stock worth $1,929,000 after acquiring an additional 1,885 shares during the last quarter. Finally, Charles Schwab Trust Co lifted its stake in shares of Southern by 20.8% during the second quarter. Charles Schwab Trust Co now owns 2,900 shares of the utilities provider’s stock valued at $278,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Southern Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 17th will be paid a $0.76 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.2%. Southern’s payout ratio is currently 77.35%.

About Southern

(Get Free Report)

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.

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