Southern Co Issues $1.65 Billion Convertible Notes

Southern Co ( (SO) ) has issued an announcement.

On May 23, 2025, Southern Company issued $1.65 billion in Series 2025A 3.25% Convertible Senior Notes, maturing on June 15, 2028. These notes are unsecured and unsubordinated, with conversion options tied to the company’s stock performance and specific corporate events, potentially impacting the company’s financial strategy and market positioning.

The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.

Spark’s Take on SO Stock

According to Spark, TipRanks’ AI Analyst, SO is a Neutral.

Southern Co’s overall stock score reflects strong financial performance and a positive earnings outlook, with challenges in cash flow management and technical resistance. The company’s stable valuation and attractive dividend yield support the score, while high leverage and potential cost increases due to tariffs are key risks.

To see Spark’s full report on SO stock, click here.

More about Southern Co

Average Trading Volume: 5,044,776

Technical Sentiment Signal: Buy

Current Market Cap: $98.52B

For an in-depth examination of SO stock, go to TipRanks’ Stock Analysis page.