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NYSE: SOMNSouthern co (SOMN) stock, explained like you're 5
Southern co trades on the New York Stock Exchange under the ticker SOMN. It is a large cap company in the central industry, part of the utilities sector, with a market value of about 53 billion dollars.
- Ticker
- SOMN
- Exchange
- New York Stock Exchange
- Sector
- Utilities
- Industry
- Central
- Size
- Large cap, about 53 billion dollars
Is Southern co a small, medium or large cap company?
Yes. Southern co is a large cap stock. Its market cap, which is the total value of all its shares, is about 53 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Southern co makes money
- Delivering electricity, gas or water to homes and businesses.
- Rates approved by regulators.
- Growing clean energy projects.
What moves SOMN stock
- Interest rates, since utilities carry a lot of debt.
- Decisions by regulators on prices.
- Weather and demand for power.
In the news lately
- Why Southern Co. (SO) is Poised to Beat Earnings Estimates Again (Yahoo Finance)
- Southern Co. stock outperforms competitors on strong trading day (MarketWatch)
- KeyBanc Sticks to Its Sell Rating for Southern Co (SO) (The Globe and Mail)
- Southern Co. (SO) Increases Despite Market Slip: Here's What You Need to Know (Yahoo Finance)
- Southern Co. stock outperforms competitors on strong trading day (MarketWatch)
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Questions about Southern co stock
What does Southern co do?
Southern co trades on the New York Stock Exchange under the ticker SOMN. It is a large cap company in the central industry, part of the utilities sector, with a market value of about 53 billion dollars.
What is the ticker symbol for Southern co?
Southern co trades under the ticker SOMN on the New York Stock Exchange.
What is Southern co's market cap?
Southern co is a large cap stock with a market cap of about 53 billion dollars.
How does Southern co make money?
Delivering electricity, gas or water to homes and businesses. Rates approved by regulators. Growing clean energy projects.
What moves SOMN stock?
Interest rates, since utilities carry a lot of debt. Decisions by regulators on prices. Weather and demand for power.
How can I follow SOMN stock every day?
Add SOMN to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
