Sonic Automotive (SAH) to Release Quarterly Earnings on Thursday

Sonic Automotive (NYSE:SAH - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect Sonic Automotive to post earnings of $1.35 per share and revenue of $3.47 billion for the quarter.

Sonic Automotive (NYSE:SAH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.51 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.05. Sonic Automotive had a return on equity of 19.96% and a net margin of 1.52%. 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 2.7 %

Shares of NYSE SAH traded up $1.55 on Tuesday, reaching $59.72. 307,139 shares of the company traded hands, compared to its average volume of 196,711. The company has a 50 day moving average of $62.80 and a 200 day moving average of $64.13. The company has a current ratio of 1.09, a quick ratio of 0.35 and a debt-to-equity ratio of 1.75. Sonic Automotive has a fifty-two week low of $49.77 and a fifty-two week high of $76.78. The stock has a market capitalization of $2.01 billion, a PE ratio of 9.66 and a beta of 1.43.

Sonic Automotive Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Friday, March 14th. Sonic Automotive's dividend payout ratio is currently 22.65%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Sonic Automotive from $80.00 to $65.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Stephens lifted their price objective on Sonic Automotive from $83.00 to $92.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. StockNews.com upgraded Sonic Automotive from a "hold" rating to a "buy" rating in a report on Monday. Finally, Needham & Company LLC cut their price target on shares of Sonic Automotive from $100.00 to $93.00 and set a "buy" rating on the stock in a report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Sonic Automotive presently has a consensus rating of "Buy" and an average price target of $74.80.

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.