Sonic Automotive (SAH) Expected to Announce Quarterly Earnings on Thursday

Sonic Automotive (NYSE:SAH - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $3.66 billion for the quarter.

Sonic Automotive (NYSE:SAH - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.02. Sonic Automotive had a net margin of 1.69% and a return on equity of 19.42%. The firm had revenue of $3.65 billion for the quarter, compared to analysts' expectations of $3.47 billion. During the same quarter in the previous year, the company earned $1.36 earnings per share. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, analysts expect Sonic Automotive to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sonic Automotive Trading Up 1.1%

Shares of NYSE SAH traded up $0.81 during midday trading on Monday, hitting $77.75. 30,040 shares of the company traded hands, compared to its average volume of 198,190. Sonic Automotive has a 12-month low of $52.00 and a 12-month high of $89.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.38 and a current ratio of 1.09. The stock has a 50-day moving average price of $76.55 and a 200 day moving average price of $69.04. The firm has a market cap of $2.64 billion, a P/E ratio of 11.10 and a beta of 1.04.

Sonic Automotive Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Friday, June 13th. Sonic Automotive's payout ratio is currently 19.94%.

Insider Activity

In other news, President Jeff Dyke sold 31,152 shares of Sonic Automotive stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $70.05, for a total value of $2,182,197.60. Following the sale, the president owned 605,969 shares in the company, valued at $42,448,128.45. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 50,000 shares of company stock worth $3,502,062 over the last three months. Company insiders own 42.65% of the company's stock.

Hedge Funds Weigh In On Sonic Automotive

Several institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sonic Automotive by 5.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,853 shares of the company's stock valued at $504,000 after purchasing an additional 483 shares in the last quarter. Royal Bank of Canada grew its position in shares of Sonic Automotive by 37.1% in the 1st quarter. Royal Bank of Canada now owns 13,946 shares of the company's stock valued at $795,000 after buying an additional 3,777 shares during the last quarter. AQR Capital Management LLC lifted its position in Sonic Automotive by 13.6% in the first quarter. AQR Capital Management LLC now owns 23,310 shares of the company's stock valued at $1,328,000 after acquiring an additional 2,793 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Sonic Automotive by 15.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,698 shares of the company's stock valued at $2,204,000 after acquiring an additional 5,286 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Sonic Automotive by 263.4% in the first quarter. Jane Street Group LLC now owns 62,908 shares of the company's stock valued at $3,583,000 after acquiring an additional 45,596 shares during the last quarter. Institutional investors and hedge funds own 46.92% of the company's stock.

Analyst Upgrades and Downgrades

SAH has been the topic of a number of recent analyst reports. Needham & Company LLC cut their price target on shares of Sonic Automotive from $93.00 to $74.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Bank of America increased their price target on shares of Sonic Automotive from $80.00 to $94.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. Citigroup assumed coverage on shares of Sonic Automotive in a research note on Wednesday, April 23rd. They set a "neutral" rating and a $64.00 target price for the company. Stephens cut shares of Sonic Automotive from an "overweight" rating to an "equal weight" rating and lifted their price objective for the stock from $72.00 to $82.00 in a research note on Thursday. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $72.00 price target (up from $65.00) on shares of Sonic Automotive in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Sonic Automotive has a consensus rating of "Moderate Buy" and an average target price of $74.29.

Sonic Automotive Company Profile

Sonic Automotive, Inc operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests.