Southern Company stock slips as Morgan Stanley cuts target

Southern Company stock (ISIN US8425871071) traded at USD 85.60 on September 20, 2026, with a market capitalization of USD 98.34 billion and a 52-week range of USD 83.80 to USD 100.84. Morgan Stanley cut its price target to USD 85 from USD 89 and keeps an Underweight rating, as Robinhood reported on September 21, 2026.

Target cut sets the tone

The call matters because the new USD 85 target sits almost exactly at the latest quote, leaving little room for a near-term rerating. Robinhood also showed a P/E ratio of 20.64, dividend yield of 3.51 percent and average volume of 6.49 million shares.

On the session itself, the stock ranged between USD 85.43 and USD 86.95, while volume reached 15.15 million shares, more than twice the average daily volume cited on the same snapshot. The price therefore stayed close to the lower half of the day range.

Valuation stays tight

For investors, the key contrast is between income support and a valuation that is not cheap for a utility. Robinhood's snapshot put the dividend yield at 3.51 percent and the P/E ratio at 20.64, both visible on September 21, 2026.

Southern Company's business profile on the same page described the group as a holding company active in electricity generation and sale through Traditional Electric Operating Companies, Southern Power and Southern Company Gas. The company listed 29,800 employees and headquarters in Atlanta, Georgia.

Stock near support

Southern Company stock closed the latest cited session at USD 85.60, which is above the 52-week low of USD 83.80 and well below the 52-week high of USD 100.84. That leaves the shares 2.1 percent above the low and 15.1 percent below the high.

More news and analyses on Southern Company stock