Jefferies Group reiterated their hold rating on shares of The Southern Company (NYSE:SO) in a research note released on Monday morning, AmericanBankingNews.com reports. They currently have a $47.00 target price on the stock. Southern Company said it is increasing its annual dividend by 7 cents per share to a rate of $2.10 per share. The Southern Company (NYSE:SO) shares after opening at $45.69 moved to $46.32 on last trade day and at the end of the day closed at $46.26 . Company price to sales ratio in past twelve months was calculated as 2.41 and price to cash ratio as 62.58. The Southern Company (NYSE:SO) showed a positive weekly performance of 2.53%.
CMS Energy Corporation (NYSE:CMS) posted its quarterly earnings results on Thursday. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.13, American Banking News.com reports. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.24 billion. CMS Energy Corporation (NYSE:CMS) shares advanced 1.47% in last trading session and ended the day on $30.39. CMS return on equity ratio is recorded as 13.40% and its return on assets is 2.60%. CMS Energy Corporation (NYSE:CMS) yearly performance is 7.80%.
American Electric Power Company Inc. (NYSE:AEP) reported first quarter 2014 operating earnings of $1.15 per share, beating the Zacks Consensus Estimate of 91 cents by 26.4%. The quarterly figure also improved a whopping 43.8% from the year-ago adjusted profit of 80 cents per share. The upbeat performance was supported by favorable weather and high power prices. American Electric Power Company Inc (NYSE:AEP) shares moved up 2.01% in last trading session and was closed at $53.38 while trading in range of $52.64 – $53.58 – American Electric Power Company Inc (NYSE:AEP) year to date (YTD) performance is 15.42%.
PPL Corporation (NYSE:PPL) will release consolidated first-quarter 2014 earnings results before the stock market opens on Thursday, May 1. PPL Corporation (NYSE:PPL) weekly performance is 1.24%. On last trading day company shares ended up $33.55. PPL Corporation (NYSE:PPL) distance from 50-day simple moving average (SMA50) is 3.92%. Analysts mean target price for the company is $33.59.