Weekly Research Analysts’ Ratings Changes for Southern (SO)

A number of firms have modified their ratings and price targets on shares of Southern (NYSE: SO) recently:

• 6/24/2026 – Southern had its “underweight” rating reaffirmed by Morgan Stanley. They now have a $89.00 price target on the stock.
• 6/22/2026 – Southern was given a new $99.00 price target by Jefferies Financial Group Inc..
• 6/20/2026 – Southern was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/18/2026 – Southern had its price target lowered by Barclays PLC from $99.00 to $98.00. They now have an “equal weight” rating on the stock.
• 5/29/2026 – Southern had its price target lowered by Truist Financial Corporation from $103.00 to $100.00. They now have a “hold” rating on the stock.
• 5/21/2026 – Southern had its “underweight” rating reaffirmed by Morgan Stanley. They now have a $87.00 price target on the stock.
• 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.

Southern Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Monday, May 18th were paid a dividend of $0.76 per share. This is a boost from Southern’s previous quarterly dividend of $0.74. This represents a $3.04 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, May 18th. Southern’s payout ratio is presently 77.35%.

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.