The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it owns and operates nuclear, coal, hydro, cogeneration, solar, wind, battery storage, and fuel cell facilities. Further, the constructs, operates, and maintains approximately 77,900 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.9 million electric and gas utility customers. Further, it develops distributed energy and resilience solutions; deploys microgrids for commercial, industrial, governmental, and utility customers; and offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Фундаментальные показатели компании Southern Company (SO) демонстрируют смешанную картину. С одной стороны, P/E, P/S и P/B значительно превышают медианные значения по отрасли, что может указывать на переоцененность акций. С другой стороны, коэффициенты рентабельности, такие как ROE и ROA, выше среднеотраслевых, что говорит о высокой эффективности компании. Долговая нагрузка также вызывает опасения, так как соотношение долга к капиталу значительно выше медианы. Дивидендная доходность стабильна, что может быть позитивным сигналом для инвесторов, ищущих доходность. Выручка и чистая прибыль показывают устойчивый рост, что поддерживает положительное восприятие компании. Однако снижение EPS относительно медианы индустрии и высокий уровень долговой нагрузки могут повлиять на оценку компании. Таким образом, инвесторы должны учитывать как сильные, так и слабые стороны при принятии решений о вложениях в акции Southern Company.

Southern Company (The)

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street Utilities Select Sector SPDR ETF (Symbol: XLU) where we have detected an approximate $420.3 million dollar inflow -- that's a 1.8% increase week over week in outstanding units (from 516,348,320 to 525,448,320). Among the largest underlying components of XLU, in trading today Southern Company (Symbol: SO) is up about 1.8%, Constellation Energy Corp (Symbol: CEG) is up about 1%, and American Electric Power Co Inc (Symbol: AEP) is up by about 1%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average:
Looking at the chart above, XLU's low point in its 52 week range is $35.51 per share, with $47.80 as the 52 week high point — that compares with a last trade of $46.65. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
Top Cheap Stocks
RSPN Videos
THHY Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

State Street Utilities Select Sector SPDR ETF Experiences Big Inflow

Fintel reports that on March 5, 2026, Evercore ISI Group upgraded their outlook for Southern (NYSE:SO) from In-Line to Outperform.
Analyst Price Forecast Suggests 2.66% Upside
As of February 25, 2026, the average one-year price target for Southern is $100.23/share. The forecasts range from a low of $75.31 to a high of $113.40. The average price target represents an increase of 2.66% from its latest reported closing price of $97.63 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Southern is 30,106MM, an increase of 1.87%. The projected annual non-GAAP EPS is 4.67.
What is the Fund Sentiment?
There are 2,494 funds or institutions reporting positions in Southern. This is an decrease of 608 owner(s) or 19.60% in the last quarter. Average portfolio weight of all funds dedicated to SO is 0.26%, an increase of 25.82%. Total shares owned by institutions decreased in the last three months by 10.70% to 849,456K shares. The put/call ratio of SO is 0.75, indicating a bullish outlook.
What are Other Shareholders Doing?
Jpmorgan Chase holds 61,770K shares representing 5.52% ownership of the company. In its prior filing, the firm reported owning 69,820K shares , representing a decrease of 13.03%. The firm decreased its portfolio allocation in SO by 90.66% over the last quarter.
Capital World Investors holds 41,142K shares representing 3.68% ownership of the company. In its prior filing, the firm reported owning 33,549K shares , representing an increase of 18.46%. The firm increased its portfolio allocation in SO by 12.34% over the last quarter.
Price T Rowe Associates holds 34,459K shares representing 3.08% ownership of the company. In its prior filing, the firm reported owning 29,023K shares , representing an increase of 15.78%. The firm decreased its portfolio allocation in SO by 43.95% over the last quarter.
Geode Capital Management holds 27,259K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 26,874K shares , representing an increase of 1.41%. The firm decreased its portfolio allocation in SO by 51.82% over the last quarter.
AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 17,549K shares representing 1.57% ownership of the company. In its prior filing, the firm reported owning 12,669K shares , representing an increase of 27.81%. The firm increased its portfolio allocation in SO by 30.27% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Evercore ISI Group Upgrades Southern (SO)

Fintel reports that on March 4, 2026, Keybanc upgraded their outlook for Southern (NYSE:SO) from Underweight to Sector Weight.
Analyst Price Forecast Suggests 3.56% Upside
As of February 25, 2026, the average one-year price target for Southern is $100.23/share. The forecasts range from a low of $75.31 to a high of $113.40. The average price target represents an increase of 3.56% from its latest reported closing price of $96.79 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Southern is 30,106MM, an increase of 1.87%. The projected annual non-GAAP EPS is 4.67.
What is the Fund Sentiment?
There are 2,494 funds or institutions reporting positions in Southern. This is an decrease of 608 owner(s) or 19.60% in the last quarter. Average portfolio weight of all funds dedicated to SO is 0.26%, an increase of 25.78%. Total shares owned by institutions decreased in the last three months by 10.70% to 849,477K shares. The put/call ratio of SO is 0.76, indicating a bullish outlook.
What are Other Shareholders Doing?
Jpmorgan Chase holds 61,770K shares representing 5.52% ownership of the company. In its prior filing, the firm reported owning 69,820K shares , representing a decrease of 13.03%. The firm decreased its portfolio allocation in SO by 90.66% over the last quarter.
Capital World Investors holds 41,142K shares representing 3.68% ownership of the company. In its prior filing, the firm reported owning 33,549K shares , representing an increase of 18.46%. The firm increased its portfolio allocation in SO by 12.34% over the last quarter.
Price T Rowe Associates holds 34,459K shares representing 3.08% ownership of the company. In its prior filing, the firm reported owning 29,023K shares , representing an increase of 15.78%. The firm decreased its portfolio allocation in SO by 43.95% over the last quarter.
Geode Capital Management holds 27,259K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 26,874K shares , representing an increase of 1.41%. The firm decreased its portfolio allocation in SO by 51.82% over the last quarter.
AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 17,549K shares representing 1.57% ownership of the company. In its prior filing, the firm reported owning 12,669K shares , representing an increase of 27.81%. The firm increased its portfolio allocation in SO by 30.27% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Keybanc Upgrades Southern (SO)

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Min Vol Factor ETF (Symbol: USMV) where we have detected an approximate $127.0 million dollar outflow -- that's a 0.5% decrease week over week (from 242,200,000 to 240,900,000). Among the largest underlying components of USMV, in trading today Chubb Ltd (Symbol: CB) is down about 1.9%, Motorola Solutions Inc (Symbol: MSI) is down about 1.6%, and Southern Company (Symbol: SO) is lower by about 1.7%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average:
Looking at the chart above, USMV's low point in its 52 week range is $83.99 per share, with $98.07 as the 52 week high point — that compares with a last trade of $95.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
ARK Investment Management Top Holdings
ETFs Holding SEMI
AVGR market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

USMV, CB, MSI, SO: ETF Outflow Alert

Nuclear power is back in focus as artificial intelligence and data centers drive unprecedented electricity demand. Investors are increasingly weighing emerging advanced reactor developers against established regulated utilities with proven nuclear operations.
Oklo Inc. OKLO represents a high-risk, high-reward bet on next-generation small reactors tied to hyperscaler demand. The Southern Company SO, by contrast, offers income stability and visible earnings growth backed by regulated assets and decades of operating experience.
The Case for OKLO
OKLO is building a utility-like model centered on owning and operating Aurora small nuclear plants rather than selling reactor designs. Revenues are expected to come from long-term power purchase agreements once plants are operational.
A key validation came through a 1.2-gigawatt agreement with Meta Platforms META to develop an advanced nuclear campus in Ohio. Pre-construction work is targeted for 2026, with initial power delivery around 2030 and full buildout by 2034. The agreement includes a prepayment mechanism that supports early development and fuel procurement, improving capital visibility.
Liquidity is another strength. Following expanded at-the-market programs totaling around $2 billion, OKLO holds roughly $1.2 billion in cash. With annual operating cash outflow guidance of $65 million to $80 million, the company appears funded for several years of licensing and development activity.
However, risks are elevated. The Nuclear Regulatory Commission previously rejected its reactor application, and further approvals remain critical. On a somewhat positive note, the company is using a combined license pathway under Part 52, which covers both construction and operation in a single application, aligning with its build-own-operate model. By standardizing filings and reusing key safety documents, including for its Aurora-INL project now under review, OKLO aims to reduce delays and improve timeline visibility.
Finally, the company is still pre-revenue and generates no income from operating reactors. In the third quarter of 2025, OKLO reported a loss of 20 cents per share and has missed the Zacks Consensus Estimate in three of the past four quarters, with an average negative surprise of roughly 20%. Losses are expected to continue as the company advances licensing and construction milestones. Meaningful revenue remains unlikely before late 2027 or 2028, keeping earnings negative in the interim.
The Case for Southern Company
Southern Company offers a sharply different profile. The regulated utility delivered 2025 adjusted earnings per share of $4.30, up 6% year over year, marking its 11th consecutive year at or above guidance.
Management now guides earnings per share of $4.50 to $4.60 for 2026, implying roughly 7% growth, followed by 8% growth in 2027 and approximately 9% in 2028. Earnings are projected to expand 7% to 8% annually beyond 2028.
Load growth is accelerating, driven by data centers and industrial expansion. Retail electric sales rose 1.7% in 2025, while commercial sales are expected to grow roughly 20% annually through 2030. The company has 26 signed contracts totaling 10 gigawatts, with an additional 3 gigawatts nearing execution. Importantly, long-term 15-year contracts guarantee that all additional costs are fully covered, reducing financial risk.
Southern’s five-year capital plan has increased to $81 billion, with 95% allocated to regulated utilities. This supports the projected 9% average annual rate base growth. More than 90% of earnings come from regulated operations, providing stability as the company executes its expansion.
Key risks include managing large capital projects and continuing to raise money by issuing new shares. The company raised $9 billion in equity in 2025 and expects to raise another $2 billion by 2030. While this helps maintain a strong balance sheet, issuing more shares can dilute existing shareholders and may limit earnings growth per share if overall growth slows.
Price Performance
Over the past three months, SO shares have gained more than 6%, while OKLO has declined 25.3%. The divergence highlights investor preference for earnings visibility and regulated stability in a volatile environment. OKLO’s pullback reflects sensitivity to execution timelines and long-dated revenue expectations.
Image Source: Zacks Investment Research
Valuation
Based on trailing 12-month price-to-book ratios, The Southern Company trades less than 3 times book value, while OKLO changes hands at 8.6 times. The premium valuation for OKLO underscores its future-growth narrative tied to advanced reactors and AI-driven demand. In contrast, Southern Company’s lower multiple reflects its mature, regulated profile with steadier returns.
Image Source: Zacks Investment Research
Earnings Outlook
The Zacks Consensus Estimate for Southern Company’s 2026 earnings indicates 6.5% growth, followed by 7.3% growth in 2027.
Image Source: Zacks Investment Research
OKLO, still pre-revenue and loss-making, is projected to show a 5.5% earnings decline in 2026. The company has also missed consensus estimates in three of the past four quarters, with an average negative surprise of roughly 20%.
Image Source: Zacks Investment Research
The earnings contrast is stark. Southern generates steady profits today and projects multi-year growth. OKLO remains dependent on regulatory milestones and capital markets before meaningful earnings materialize.
Conclusion
Both companies offer exposure to rising electricity demand fueled by artificial intelligence and industrial expansion, but their risk profiles differ dramatically.
Southern Company carries a Zacks Rank #3 (Hold) and is better positioned than OKLO, which holds a Zacks Rank #4 (Sell). Southern combines regulated earnings visibility, accelerating load growth, and disciplined capital deployment. OKLO’s long-dated revenue model, regulatory uncertainty and ongoing losses create a far more speculative setup at this stage. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Just Released: Zacks Top 10 Stocks for 2026
Hurry – you can still get in early on our 10 top tickers for 2026. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful.
From inception in 2012 through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.
Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2026. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

OKLO vs. SO: Which Nuclear Stock Has Better Risk-Reward?

Power supplier The Southern Company SO reported fourth-quarter 2025 earnings per share (excluding certain one-time items) of 55 cents, missing the Zacks Consensus Estimate by a penny. The underperformance reflects higher expenses that weighed on SO’s quarterly profitability.
However, the bottom line came above the year-ago adjusted profit of 50 cents due to higher retail sales on the back of data center load growth and new customer additions.
The utility reported revenues of $7 billion. The top line came in 10.1% higher than fourth-quarter 2024 sales and beat the Zacks Consensus Estimate by $117 million.
The firm guided earnings per share of $4.50-$4.60 for this year and $1.20 for the March quarter. Further, Southern Company management expects its long-term EPS growth rate to be 8% through 2030.
Southern Company (The) Price, Consensus and EPS Surprise
Overall Sales Breakup
Southern Company’s wholesale power sales rose 14.5%, to go with a gain in retail electricity demand.
Overall, there was an uptick in electricity sales and usage. In fact, total electricity sales during the fourth quarter were up 4.9% from the same period last year.
Southern Company’s total retail sales also improved 1.7%, with residential, commercial and industrial sales increasing 1.3%, 3% and 0.7%.
Expenses Summary
The Zacks Rank #3 (Hold) power supplier’s operations and maintenance (O&M) cost rose 6.1% year over year to $2.1 billion. Southern Company’s total operating expense for the period — at $6.1 billion — increased 14.8% from the prior-year level.
Some Key Utility Earnings
While we have discussed The Southern Company’s fourth-quarter results in detail, let’s see how some other utilities have fared this earnings season.
Exelon Corporation’s EXC EPS of 59 cents surpassed the Zacks Consensus Estimate of 53 cents by 11.3%. The bottom line decreased 7.8% from the year-ago level of 64 cents. Exelon’s beat was due to impressive distribution and transmission rates at ComEd, favorable weather at PECO, and impacts of the multi-year plan reconciliation at BGE. These positives were partially offset by higher income taxes, contracting costs, depreciation expense, and the absence of the storm cost deferral at PECO, higher contracting costs at PHI, higher interest expense at PECO and BGE, and the timing of distribution earnings at ComEd.
In the reported quarter, Exelon served more customers than in the year-ago quarter. Consequently, total electric deliveries touched 86,585 gigawatt hours in 2025, up 2.7% from the year-ago period, primarily due to higher volumes sold to most of the customer group. Due to revenue decoupling, Exelon’s distribution earnings were not affected by actual weather or customer usage patterns.
American Water Works Company AWK posted EPS of $1.24, which lagged the Zacks Consensus Estimate of $1.28 by 3.1%. The bottom line improved 7.8% from the year-ago quarter's level of $1.15, driven by higher year-over-year revenues and operating income growth. American Water Works’ total quarterly revenues of $1.27 billion surpassed the Zacks Consensus Estimate of $1.22 billion by 3.9%. The top line also increased 5.8% from the year-ago figure of $1.2 billion.
American Water Works affirmed its 2026 EPS guidance in the range of $6.02-$6.12. The company plans to invest $3.7 billion in 2026. Over the long run, most of its outlook remains unchanged. American Water Works still expects its long-term EPS and dividend growth to be 7-9% and rate base growth of 8-9%. In terms of its long-term capital expenditure plan, American Water expects to invest $19-$20 billion during 2026-2030 and $46-$48 billion during 2026-2035.
IDACORP, Inc. IDA reported fourth-quarter 2025 earnings of 78 cents per share, which topped the Zacks Consensus Estimate of 74 cents by 5.4%. The company’s earnings improved 11.4% from 70 cents in the year-ago quarter. The outperformance was due to continued strong customer growth, rate changes, lower income tax expenses and the use of tax credits under the company's Idaho regulatory mechanism.
IDACORP’s customer volume increased 2.3% year over year for the 12 months ended Dec. 31, 2025. This boosted operating income by $5.7 million compared with the year-ago level. IDACORP’s operations and maintenance expenses were $12.9 million, lower than the year-earlier level. Meanwhile, IDACORP initiated its 2026 earnings guidance of $6.25-$6.45 per share and projected capital expenditure between $1.3 billion and $1.5 billion.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
IDACORP, Inc. (IDA) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Southern Company Q4 Earnings Disappoint as Costs Increase

Constellation Energy Corporation’s CEG shares have rallied 2% over the past month compared with the Zacks Alternate Energy – Other industry’s growth of 13%. The company stands to benefit from growing data center demand, supported by its nuclear fleet, which delivers reliable, uninterrupted clean power.
Image Source: Zacks Investment Research
Other companies like Duke Energy DUK and The Southern Company SO have gained 8% and 7.7%, respectively, during the same period. Duke Energy is also actively pursuing nuclear energy expansion as part of its long-term clean energy strategy, particularly in the Carolinas. Southern Company is one of the leading U.S. electric utilities serving the fast-growing Southeast market, operating in a high-barrier, recession-resistant industry that offers stable performance and attractive return potential.
Given the current underperformance in price, should you consider adding Constellation Energy to your portfolio? Let's examine the factors in detail and assess the investment prospects.
Factors Driving the Performance of CEG Stock
Constellation Energy is taking advantage of the rising demand for clean energy by utilizing its diverse portfolio, especially its nuclear fleet. This enables it to satisfy customer needs, boost sales and support the transition to carbon-free energy. The company is also able to better negotiate market dynamics and seize opportunities, thanks to its emphasis on innovation and significant investments in sustainable energy technologies.
Nearly 90% of Constellation Energy’s annual energy output comes from carbon-free sources, and the company has set a goal to produce 95% carbon-free electricity by 2030 and 100% by 2040. This initiative can help CEG lower operational costs by focusing on new and advanced assets.
The completion of the Calpine acquisition strengthens Constellation Energy’s growth prospects by expanding its presence in competitive power markets and adding efficient gas-fired assets. This improves earnings diversification, cash flow stability and operational flexibility while complementing the company’s nuclear-led clean-energy platform, positioning it to benefit from rising power demand and grid reliability needs.
In February 2026, Constellation Energy’s Calpine unit signed a new 380-megawatt (MW) agreement with CyrusOne to connect and serve a new data center adjacent to the Freestone Energy Center in Freestone County, TX. The project also allows the company to leverage its existing generation and grid infrastructure, enhancing operational efficiency and strengthening its position as a preferred energy partner.
CEG Stock’s Earnings Estimates
The Zacks Consensus Estimate for 2026 earnings per share (EPS) has improved 0.62% in the past 60 days. CEG’s long-term (three to five years) earnings growth rate is 15.42%.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Duke Energy’s 2026 EPS has moved north 0.15% in the past 60 days. DUK’s long-term earnings growth rate is 6.87%. The bottom-line estimate for Southern Company 2026 EPS has moved south 0.22% in the past 60 days. BE’s long-term earnings growth rate is 7.23%.
CEG’s Earnings Surprise History
The company’s earnings are consistent. It delivered an average earnings surprise of 3.23% for the trailing four quarters.
Image Source: Zacks Investment Research
CEG’s Return on Equity Higher Than Industry
Constellation Energy’s trailing 12-month return on equity of 21.59% is better than the industry’s average of 6.39%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income.
Image Source: Zacks Investment Research
CEG’s Capital Return Program
Constellation Energy continues to enhance shareholder value through share repurchases and regular dividends. Since 2023, CEG’s board of directors has authorized the repurchase of up to $3 billion of the company's outstanding common stock. As of Sept. 30, 2025, there was approximately $593 million of remaining authority to repurchase shares of the company's outstanding common stock.
CEG pays a quarterly dividend to its shareholders. The company aims to increase its annual dividend by 10%, subject to its board's approval. Check CEG’s dividend history here.
CEG Stock Trades at a Premium
Constellation Energy is currently trading at a premium compared to its industry on a forward 12-month P/E basis.
Image Source: Zacks Investment Research
What Should Investors Do Now?
Constellation Energy is capitalizing on rising clean-energy demand through its nuclear-heavy, carbon-free portfolio, targeting 95% carbon-free power by 2030 and 100% by 2040 while enhancing cost efficiency and innovation. Its Calpine acquisition and the new 380-MW data center agreement with CyrusOne at the Freestone Energy Center strengthen earnings diversification, cash flow stability and growth potential amid rising electricity demand.
However, investors may consider holding this Zacks Rank #3 (Hold) stock for now and continue to benefit from its regular dividends and share repurchase programs. Given its premium valuation, new investors may want to wait for a better entry point.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
See Our Newest 5 Stocks Set to Double Picks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

CEG Stock Underperforms Industry in a Month: What Should You Do Now?

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street Utilities Select Sector SPDR ETF (Symbol: XLU) where we have detected an approximate $260.6 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 503,848,320 to 509,498,320). Among the largest underlying components of XLU, in trading today NextEra Energy Inc (Symbol: NEE) is trading flat, Southern Company (Symbol: SO) is down about 0.7%, and Constellation Energy Corp (Symbol: CEG) is higher by about 0.9%. For a complete list of holdings, visit the XLU Holdings page » The chart below shows the one year price performance of XLU, versus its 200 day moving average:
Looking at the chart above, XLU's low point in its 52 week range is $35.51 per share, with $47.075 as the 52 week high point — that compares with a last trade of $46.17. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
Stock Splits
MET Options Chain
SOIL shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

XLU, NEE, SO, CEG: ETF Inflow Alert

Etsy Inc.’s (ETSY) shares climbed 9.3%, after posting fourth-quarter 2025 adjusted earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.88 per share.
Shares of The Southern Co. (SO) surged 4.4% after the company reported fourth-quarter 2025 revenues of $6,981 million, outpacing the Zacks Consensus Estimate of $6,865.50 million.
Shares of Deere & Co. (DE) jumped 11.6% after reporting first-quarter fiscal 2026 adjusted earnings of $2.42 per share, surpassing the Zacks Consensus Estimate of $1.92 per share.
Evergy Inc.’s (EVRG) shares fell 1.1% after the company posted fourth-quarter 2025 adjusted earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.57 per share.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Company News for Feb 20, 2026

Southern Co. (SO) reported $6.98 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 10.1%. EPS of $0.55 for the same period compares to $0.50 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $6.86 billion, representing a surprise of +1.7%. The company delivered an EPS surprise of -1.79%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Southern Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Revenues- Southern Power: $472 million versus $510.01 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.2% change.
Total retail sales: $35.33 billion versus the three-analyst average estimate of $34.88 billion.
Operating Revenues- Southern Company Natural Gas: $1.49 billion versus $1.27 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +20.7% change.
Operating Revenues- Natural Gas revenues: $1.49 billion versus the three-analyst average estimate of $1.25 billion. The reported number represents a year-over-year change of +20.7%.
Operating Revenues- Georgia Power - Other Revenues: $222 million versus the two-analyst average estimate of $273.36 million. The reported number represents a year-over-year change of -17.5%.
Operating Revenues- Mississippi Power - Retail Revenues: $261 million versus $232.24 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.5% change.
Operating Revenues- Southern Company Gas - Gas Distribution Operations: $1.31 billion compared to the $1.1 billion average estimate based on two analysts. The reported number represents a change of +21.9% year over year.
Operating Revenues- Southern Company Gas - Gas Marketing Services: $179 million versus $164.98 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.3% change.
Operating Revenues- Retail Electric: $4.27 billion compared to the $4.28 billion average estimate based on two analysts. The reported number represents a change of +6.7% year over year.
Operating Revenues- Alabama Power: $1.94 billion versus the two-analyst average estimate of $1.93 billion. The reported number represents a year-over-year change of +10.6%.
Operating Revenues- Georgia Power: $2.71 billion compared to the $2.65 billion average estimate based on two analysts. The reported number represents a change of +4.9% year over year.
Operating Revenues- Mississippi Power: $394 million compared to the $356.15 million average estimate based on two analysts. The reported number represents a change of +14.2% year over year.
Shares of Southern Co. have returned +2.1% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Southern Company (The)

Options Strategies