couter

SOJDSouthern Company (The) Series 2

UtilitiesElectric Utilities

The Read

SOJD’s stock typically moves about 2%.2% on catalysts, falling roughly 3.1% when earnings meet but fail to exceed expectations or raise guidance, and rising about 1.2% when preferred dividends are confirmed, reassuring income investors.
Oct 15, 2026 — Federal EPA Deregulation Directives Under President Trump
Chart by TradingView

The schedule

  • Thu15Oct

    Anticipated rollout of EPA deregulation directives under President Trump, reducing compliance burdens on fossil generation.

  • Thu5Nov

    Q3 2026 earnings print coupled with the initial framework for 2027 capital expenditures.

  • Tue9Feb

    Q4 2026 earnings release and comprehensive full-year 2027 forward guidance.

  • Thu18Mar

    FOMC rate decision and dot-plot release, dictating the cost of debt for utility infrastructure.

  • Thu6May

    First-quarter 2027 earnings release, including the initial outlook on summer load expectations and margins.

  • Thu5Aug

Past

  • Wed30Sep

    Regulatory rate case updates across key Southeast jurisdictions outlining allowable return on equity.

  • Thu25Jun

    Actual outcome: Bull · $19.37 at outcome

    SOJD successfully declared its Q3 2026 preferred dividend, confirming its forward yield and maintaining expected coverage ratios. This confirmation of payout stability reassured income investors, driving the preferred shares to reach the bull target shortly after the announcement before yielding to broader market pressure in subsequent weeks.

    Declaration of the Q3 preferred dividend, confirming forward yield and coverage ratios.

  • Thu30Apr

    Actual outcome: Bear · $19.56 at outcome

    The Southern Company reported Q1 2026 EPS of $0.38, exactly meeting consensus estimates. However, the lack of an upside surprise or meaningful upward revisions to guidance regarding regulated load growth and data center demand failed to provide a positive catalyst. Consequently, the stock drifted lower, breaking below the $19.70 bear floor as investors sought stronger visibility on capital spending and margin expansion.

    Q1 2026 earnings and guidance for The Southern Company, including visibility on regulated load growth, data center demand, and capital spending, with the preferred SOJD price anchored around $20.19 into the print and a potential post-event range toward $20.80 on a constructive update or $19.7 if margins or guidance disappoint.