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In a challenging economic climate, Southern Co (NYSE:SO) PR C (SOJC) stock has reached a 52-week low, dipping to $21.2. The utility giant, with a substantial market capitalization of $97.5 billion and revenue of $26.7 billion in the last twelve months, has demonstrated resilience through consistent dividend payments. According to InvestingPro data, the company has maintained dividend payments for an impressive 55 consecutive years. This latest price level reflects a notable decline in investor confidence as the utility company grapples with industry-wide pressures and broader market headwinds. Over the past year, SOJC has seen its value decrease by 9.38%, despite posting revenue growth of 5.83% and maintaining a healthy gross profit margin of nearly 50%. InvestingPro analysis reveals several more key insights about the company's financial health and future prospects, with 6 additional ProTips available to subscribers. Investors are closely monitoring the company's performance and strategic initiatives as it navigates through these turbulent times, particularly noting that three analysts have recently revised their earnings expectations upward for the upcoming period.
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