WallStSmart
SOJC

The Southern Company JR 2017B NT 77

NYSE: SOJC · ·

$21.77
-0.48% today

Updated 2026-06-05

Market cap
$21.79B
P/E ratio
24.90
P/S ratio
EPS (TTM)
$—
Dividend yield
11.10%
52W range
$20 – $23
Volume
0.0M

The Southern Company JR 2017B NT 77 (SOJC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

SOJC · The Southern Company JR 2017B NT 77 · Price target summary

Current
$21.77
Consensus
$112.00
+414.47%
2030 Target
$824.62
+3687.87%
DCF
1 analysts:
1 Buy0 Hold0 Sell

Management guidance

No specific revenue guidance found in available data. SOJC is a junior subordinated note security (Series 2017B 5.25%), not an operating company. Southern Company (parent SO) has indicated growth through Vogtle nuclear completion, DOE loan guarantees, and renewable energy expansion, but no explicit 2026-2030 revenue targets were disclosed in the research.

Sources: Management guidance, analyst consensus, sector analysislow confidence

SOJC · The Southern Company JR 2017B NT 77 · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range
Bear case (2030)
$550.45
$68.7B Rev × 8x P/S
Base case (2030)
$824.62
$68.7B Rev × 12x P/S
Bull case (2030)
$1,375.07
$68.7B Rev × 20x P/S
WallStSmart.com

Financial forecast — research-backed

Metric20252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$29.6B$51.5B$55.4B$59.6B$64.0B$68.7B
Revenue growth10.6%7.5%7.5%7.5%7.4%7.3%
EPS$2.00$3.95$4.15$4.35$4.55$4.75
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$617.94$664.34$714.95$767.68$824.62

SOJC · The Southern Company JR 2017B NT 77 · Catalysts & risks

Growth catalysts
+ Vogtle Units 3 & 4 completion and revenue contribution (2023-2024 already operational)
+ DOE loan guarantee validation of growth strategy and nuclear/clean energy investments
+ Hydrogen conversion projects and advanced reactor technology demonstration (TerraPower MCRE at INL)
+ Renewable energy expansion and solar/hydro portfolio growth
+ Rate recovery from Vogtle investments and grid modernization
Key risks
- SOJC is a debt security, not equity—revenue projections apply to parent Southern Company, not SOJC itself
- Rising interest rates and refinancing risk (notes due 2058 with reset provision in 2033)
- Customer affordability pressures—190K Georgia Power disconnections in 2024 indicate regulatory/political risk
- Nuclear project cost overruns and construction delays (Vogtle historical precedent)
- Regulatory rate approval uncertainty in multiple states (Georgia, Alabama, Mississippi)

Methodology

The Southern Company JR 2017B NT 77's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 1 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.