Sonic Automotive (SAH) News Today

$58.96
-0.71 (-1.19%)
(As of 05/17/2024 ET)
Sonic Automotive, Inc. (NYSE:SAH) CEO David Bruton Smith Sells 67,703 Shares
Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) CEO David Bruton Smith sold 67,703 shares of the business's stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $58.43, for a total transaction of $3,955,886.29. Following the sale, the chief executive officer now owns 583,054 shares in the company, valued at approximately $34,067,845.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
LSV Asset Management Has $6.47 Million Stock Position in Sonic Automotive, Inc. (NYSE:SAH)
LSV Asset Management lessened its position in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 42.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,100 shares of the company's stock after sel
Sonic Automotive (NYSE:SAH) PT Raised to $53.00 at JPMorgan Chase & Co.
JPMorgan Chase & Co. lifted their price target on Sonic Automotive from $48.00 to $53.00 and gave the stock an "underweight" rating in a report on Thursday.
Sonic Automotive, Inc. (NYSE:SAH) CEO Sells $237,181.23 in Stock
Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) CEO David Bruton Smith sold 3,861 shares of the firm's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $61.43, for a total transaction of $237,181.23. Following the transaction, the chief executive officer now directly owns 583,054 shares in the company, valued at approximately $35,817,007.22. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Sonic Automotive (NYSE:SAH) Issues Earnings Results
Sonic Automotive (NYSE:SAH - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.13. Sonic Automotive had a net margin of 1.24% and a return on equity of 28.06%. The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same quarter in the prior year, the business earned $1.33 EPS. Sonic Automotive's quarterly revenue was down 2.6% on a year-over-year basis.
Sonic Automotive (NYSE:SAH) Reaches New 52-Week High on Strong Earnings
Sonic Automotive (NYSE:SAH) Hits New 52-Week High on Better-Than-Expected Earnings
Sonic Automotive, Inc. (NYSE:SAH) Plans Quarterly Dividend of $0.30
Sonic Automotive, Inc. (NYSE:SAH) announced a quarterly dividend on Thursday, April 25th. Investors of record on Friday, June 14th will be given a dividend of 0.30 per share on Monday, July 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Friday, June 14th.
Sonic Automotive (NYSE:SAH) Upgraded by Bank of America to "Buy"
Bank of America upgraded shares of Sonic Automotive from an "underperform" rating to a "buy" rating and raised their price target for the stock from $55.00 to $68.00 in a research report on Friday.
Q1 2024 Sonic Automotive Inc Earnings Call
Sonic Automotive (NYSE:SAH) Shares Gap Up to $51.12
Sonic Automotive (NYSE:SAH) Shares Gap Up to $51.12
Sonic Automotive, Inc. (NYSE:SAH) Given Consensus Rating of "Reduce" by Analysts
Shares of Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) have received an average rating of "Reduce" from the four brokerages that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. T
Sonic Automotive (NYSE:SAH) Shares Down 2.8%
Sonic Automotive (NYSE:SAH) Stock Price Down 2.8%
Assenagon Asset Management S.A. Takes $1.77 Million Position in Sonic Automotive, Inc. (NYSE:SAH)
Assenagon Asset Management S.A. purchased a new stake in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 31,482 shares of the company's stock, value
American Century Companies Inc. Sells 66,990 Shares of Sonic Automotive, Inc. (NYSE:SAH)
American Century Companies Inc. lowered its stake in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 37.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,230 shares of the company's stock
Public Employees Retirement System of Ohio Boosts Holdings in Sonic Automotive, Inc. (NYSE:SAH)
Public Employees Retirement System of Ohio grew its holdings in Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 2,718.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,880 shares of the company's stock aft
AN Jan 2025 190.000 put
Sonic Automotive, Inc. (NYSE:SAH) Shares Sold by HITE Hedge Asset Management LLC
HITE Hedge Asset Management LLC lessened its stake in Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 32.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 74,244 shares of the company's stock after selling 35,973 shares during the qua
FAF Oct 2024 60.000 call
FAF Jul 2024 65.000 put
SAH Apr 2024 50.000 call
AN Apr 2024 90.000 put
Jacobs Levy Equity Management Inc. Acquires 285,999 Shares of Sonic Automotive, Inc. (NYSE:SAH)
Jacobs Levy Equity Management Inc. raised its holdings in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 1,841.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 301,526 shares of the compan
Sonic Automotive, Inc. Forecasted to Post Q2 2024 Earnings of $1.81 Per Share (NYSE:SAH)
Sonic Automotive, Inc. (NYSE:SAH - Free Report) - Equities researchers at Seaport Res Ptn issued their Q2 2024 earnings per share estimates for Sonic Automotive in a research report issued on Wednesday, March 6th. Seaport Res Ptn analyst G. Chin forecasts that the company will earn $1.81 per shar
Schonfeld Strategic Advisors LLC Has $3.20 Million Stock Holdings in Sonic Automotive, Inc. (NYSE:SAH)
Schonfeld Strategic Advisors LLC raised its stake in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 705.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,086 shares of the company's s
Invesco Ltd. Trims Stake in Sonic Automotive, Inc. (NYSE:SAH)
Invesco Ltd. decreased its position in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 2.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 537,194 shares of the company's stock after selling 14,874 shares
Sonic Automotive (NYSE:SAH) PT Raised to $40.00
Morgan Stanley lifted their price target on shares of Sonic Automotive from $35.00 to $40.00 and gave the stock an "underweight" rating in a research note on Thursday.
Sonic Automotive Inc Class A SAH
Charles Schwab Investment Management Inc. Acquires 16,117 Shares of Sonic Automotive, Inc. (NYSE:SAH)
Charles Schwab Investment Management Inc. lifted its position in Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 4.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 381,211 shares of the company's stock a
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SAH Media Mentions By Week

SAH Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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This page (NYSE:SAH) was last updated on 5/18/2024 by MarketBeat.com Staff

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