Sonic Corp. Company Profile (NASDAQ:SONC)

About Sonic Corp.

Sonic Corp. logoSonic Corp. operates and franchises the chain of drive-thru restaurants (Sonic Drive-Ins) in the United States. As of August 31, 2016, 3,557 Sonic Drive-Ins were in operation from coast to coast in 45 states, consisting of 345 Company drive-thrus and 3,212 franchise drive-thrus. As of August 31, 2016, its restaurant design and construction consisted of a kitchen housed in a one-story building, which was approximately 1,500 square feet, flanked by canopy-covered rows of 16 to 24 parking spaces, with each space having its own payment terminal, intercom speaker system and menu board. At a Sonic Drive-In, a customer drives into one of the parking spaces, orders through the intercom speaker system and has the food delivered by a carhop and Sonic Drive-Ins also include a drive-thru lane and patio seating to provide customers with alternative dining options. Its food items include specialty drinks, such as cherry limeades and slushes, ice cream desserts and chicken sandwiches and hamburgers.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Restaurants
  • Sub-Industry: Restaurants
  • Exchange: NASDAQ
  • Symbol: SONC
  • CUSIP: 83545110
Key Metrics:
  • Previous Close: $25.56
  • 50 Day Moving Average: $25.96
  • 200 Day Moving Average: $26.46
  • 52-Week Range: $43,934,000.00 - $21.12
  • Trailing P/E Ratio: 19.12
  • Foreward P/E Ratio: 18.13
  • P/E Growth: 1.32
  • Market Cap: $1.12B
  • Outstanding Shares: 43,934,000
  • Beta: 1.49
Profitability:
  • Net Margins: 10.97%
  • Return on Equity: -88.45%
  • Return on Assets: 9.94%
Debt:
  • Debt-to-Equity Ratio: -4.94%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%
Additional Links:
Companies Related to Sonic Corp.:

Analyst Ratings

Consensus Ratings for Sonic Corp. (NASDAQ:SONC) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $30.45 (19.15% upside)

Analysts' Ratings History for Sonic Corp. (NASDAQ:SONC)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Canaccord GenuityReiterated RatingBuy$30.00View Rating Details
1/7/2017Jefferies Group LLCReiterated RatingHold$26.00View Rating Details
1/1/2017Deutsche Bank AGReiterated RatingHold$25.00View Rating Details
12/13/2016Cowen and CompanyReiterated RatingMarket Perform$26.00View Rating Details
12/2/2016Longbow ResearchDowngradeBuy -> NeutralView Rating Details
10/25/2016StephensDowngradeOverweight -> Equal Weight$32.00 -> $26.00View Rating Details
10/25/2016Telsey Advisory GroupDowngradeOutperform -> Market Perform$36.00 -> $27.00View Rating Details
9/28/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$40.00 -> $33.00View Rating Details
9/28/2016Barclays PLCLower Price TargetUnderweight$30.00 -> $25.00View Rating Details
6/24/2016Bank of America CorpLower Price TargetBuy$36.00 -> $35.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
4/6/2016Piper Jaffray CompaniesBoost Price TargetOverweight$37.00 -> $42.00View Rating Details
10/20/2015GuggenheimBoost Price TargetBuy$34.00 -> $36.00View Rating Details
6/24/2015Morgan StanleyBoost Price TargetEqual Weight$30.00 -> $33.00View Rating Details
5/28/2015WunderlichReiterated RatingBuy$39.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Sonic Corp. (NASDAQ:SONC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/27/2017        
1/4/2017Q117$0.21$0.24$129.60 millionViewListenView Earnings Details
10/24/2016Q4$0.44$0.45$167.15 million$162.12 millionViewListenView Earnings Details
6/23/2016Q3$0.42$0.43$165.24 millionViewListenView Earnings Details
3/29/2016Q216$0.16$0.18$133.20 millionViewN/AView Earnings Details
1/5/2016Q116$0.23$0.24$145.80 millionViewN/AView Earnings Details
10/19/2015Q4$0.42$0.43$175.33 million$175.30 millionViewListenView Earnings Details
6/22/2015Q315$0.36$0.36$164.70 millionViewN/AView Earnings Details
3/24/2015Q215$0.12$0.13$123.58 million$126.22 millionViewN/AView Earnings Details
1/6/2015Q115$0.16$0.18$139.90 millionViewN/AView Earnings Details
10/21/2014Q4$0.34$0.34$161.00 million$163.77 millionViewListenView Earnings Details
6/23/2014Q314$0.29$0.30$148.55 million$152.20 millionViewListenView Earnings Details
3/24/2014Q214$0.06$0.07$110.87 million$109.70 millionViewListenView Earnings Details
1/6/2014Q1$0.13$0.13$127.99 million$126.70 millionViewListenView Earnings Details
10/21/2013Q413$0.30$0.30$155.78 million$158.80 millionViewN/AView Earnings Details
6/24/2013Q3 2013$0.26$0.26$147.54 million$146.60 millionViewN/AView Earnings Details
3/25/2013Q2 2013$0.05$0.05$112.72 million$111.10 millionViewN/AView Earnings Details
1/3/2013Q1 2013$0.11$0.11$126.29 million$126.01 millionViewN/AView Earnings Details
10/16/2012$0.24$0.25ViewN/AView Earnings Details
6/20/2012$0.22$0.24ViewN/AView Earnings Details
3/21/2012$0.02$0.03ViewN/AView Earnings Details
1/4/2012$0.09$0.09ViewN/AView Earnings Details
10/18/2011$0.22$0.20ViewN/AView Earnings Details
6/22/2011$0.18$0.21ViewN/AView Earnings Details
3/22/2011$0.03$0.02ViewN/AView Earnings Details
1/4/2011$0.10$0.12ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sonic Corp. (NASDAQ:SONC)
Current Year EPS Consensus Estimate: $1.26 EPS
Next Year EPS Consensus Estimate: $1.41 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.16$0.16$0.16
Q2 20163$0.43$0.44$0.44
Q3 20163$0.42$0.49$0.44
Q4 20163$0.44$0.45$0.44
Q1 20173$0.20$0.22$0.21
Q2 20173$0.15$0.16$0.15
Q3 20173$0.41$0.44$0.42
Q4 20173$0.45$0.49$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sonic Corp. (NASDAQ:SONC)
Annual Dividend:$0.56
Dividend Yield:2.19%
Payout Ratio:41.79% (Based on Trailing 12 Months of Earnings)
44.44% (Based on Current Year Consensus EPS Estimate)
39.72% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sonic Corp. (NASDAQ:SONC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/19/2017quarterly$0.142.2%2/6/20172/8/20172/17/2017
10/21/2016quarterly$0.142.15%11/7/201611/9/201611/18/2016
7/7/2016quarterly$0.111.56%8/8/20168/10/20168/19/2016
4/7/2016quarterly$0.111.23%5/9/20165/11/20165/20/2016
1/28/2016quarterly$0.111.5%2/8/20162/10/20162/19/2016
10/15/2015quarterly$0.111.69%11/6/201511/11/201511/20/2015
7/9/2015quarterly$0.091.25%8/10/20158/12/20158/21/2015
4/13/2015quarterly$0.091.13%5/11/20155/13/20155/22/2015
1/30/2015quarterly$0.091.19%2/9/20152/11/20152/20/2015
8/7/2014quarterly$0.0911/7/201411/12/201411/21/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sonic Corp. (NASDAQ:SONC)
Insider Ownership Percentage: 6.24%
Institutional Ownership Percentage: 96.33%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/11/2017Harold A. CeronVPSell3,112$27.02$84,086.24View SEC Filing  
1/10/2017Frank E Richardson IIIDirectorSell4,685$27.57$129,165.45View SEC Filing  
5/27/2016Craig Jeffrey MillerInsiderSell25,394$30.00$761,820.00View SEC Filing  
5/25/2016Kathy L TaylorDirectorBuy10,000$29.85$298,500.00View SEC Filing  
4/28/2016Craig Jeffrey MillerInsiderSell25,700$35.53$913,121.00View SEC Filing  
4/25/2016Frank E Richardson IIIDirectorSell45,005$34.96$1,573,374.80View SEC Filing  
4/20/2016Frank E Richardson IIIDirectorSell3,895$35.00$136,325.00View SEC Filing  
4/19/2016Frank E Richardson IIIDirectorSell51,100$35.05$1,791,055.00View SEC Filing  
4/13/2016Paige S BassSVPSell17,800$35.15$625,670.00View SEC Filing  
4/5/2016J Clifford HudsonCEOSell42,421$35.22$1,494,067.62View SEC Filing  
4/4/2016Carolyn C CumminsVPSell2,000$35.71$71,420.00View SEC Filing  
4/4/2016J Clifford HudsonCEOSell93,741$35.27$3,306,245.07View SEC Filing  
3/14/2016Carolyn C CumminsVPSell8,000$32.12$256,960.00View SEC Filing  
2/1/2016Kate S. LavelleDirectorSell6,222$29.85$185,726.70View SEC Filing  
1/13/2016Robert M. RosenbergDirectorSell10,125$29.72$300,915.00View SEC Filing  
1/11/2016Federico F. PenaDirectorSell10,125$29.80$301,725.00View SEC Filing  
12/15/2015Robert M. RosenbergDirectorSell12,403$30.99$384,368.97View SEC Filing  
12/4/2015Michelle E. BrittenVPSell5,508$29.30$161,384.40View SEC Filing  
12/3/2015Paige S. BassSVPSell15,456$29.76$459,970.56View SEC Filing  
12/2/2015Carolyn C. CumminsVPSell7,874$29.76$234,330.24View SEC Filing  
7/16/2015Stephen C VaughanInsiderSell21,250$29.06$617,525.00View SEC Filing  
7/13/2015Stephen C VaughanInsiderSell21,000$29.43$618,030.00View SEC Filing  
7/6/2015Stephen C VaughanInsiderSell13,287$27.90$370,707.30View SEC Filing  
7/1/2015Stephen C VaughanInsiderSell21,261$29.05$617,632.05View SEC Filing  
6/29/2015Stephen C VaughanInsiderSell16,220$29.33$475,732.60View SEC Filing  
6/15/2015Craig Jeffrey MillerInsiderSell35,945$31.56$1,134,424.20View SEC Filing  
6/10/2015Stephen C VaughanCFOSell36,195$31.08$1,124,940.60View SEC Filing  
6/8/2015Stephen C VaughanCFOSell4,192$31.00$129,952.00View SEC Filing  
6/5/2015Stephen C VaughanCFOSell14,705$30.12$442,914.60View SEC Filing  
3/17/2015Frank E Richardson IIIDirectorSell48,600$32.93$1,600,398.00View SEC Filing  
3/13/2015Frank E Richardson IIIDirectorSell32,307$32.61$1,053,531.27View SEC Filing  
3/10/2015Robert M RosenbergDirectorSell15,000$32.19$482,850.00View SEC Filing  
2/11/2015Michelle E BrittenVPSell2,110$30.93$65,262.30View SEC Filing  
1/23/2015Michael J MaplesDirectorSell4,149$31.09$128,992.41View SEC Filing  
1/22/2015Michael J MaplesDirectorSell25,048$30.93$774,734.64View SEC Filing  
1/16/2015Stephen C VaughanCFOSell77,702$31.54$2,450,721.08View SEC Filing  
1/15/2015Federico F PenaDirectorSell14,791$31.27$462,514.57View SEC Filing  
1/14/2015J Clifford HudsonCEOSell190,000$31.57$5,998,300.00View SEC Filing  
1/13/2015Carolyn C CumminsVPSell2,000$31.24$62,480.00View SEC Filing  
1/12/2015Federico F PenaDirectorSell10,125$30.80$311,850.00View SEC Filing  
12/22/2014Pedro Claudia SanVPSell11,366$26.16$297,334.56View SEC Filing  
12/11/2014Frank E Richardson IIIDirectorSell4,751$26.84$127,516.84View SEC Filing  
12/8/2014Frank E Richardson IIIDirectorSell10,249$27.62$283,077.38View SEC Filing  
11/12/2014Michelle E BrittenVPSell1,570$25.25$39,642.50View SEC Filing  
11/5/2014Robert M RosenbergDirectorSell25,125$25.30$635,662.50View SEC Filing  
10/31/2014Stephen C VaughanCFOSell74,458$25.21$1,877,086.18View SEC Filing  
10/27/2014Paige S BassSVPSell61,802$24.70$1,526,509.40View SEC Filing  
9/4/2014Robert M RosenbergDirectorSell20,000$21.56$431,200.00View SEC Filing  
8/18/2014Frank E Richardson IIIDirectorSell23,550$22.07$519,748.50View SEC Filing  
7/30/2014Frank E Richardson IIIDirectorSell1,450$21.50$31,175.00View SEC Filing  
7/28/2014Frank E Richardson IIIDirectorSell1,150$21.50$24,725.00View SEC Filing  
7/7/2014Kate S LavelleDirectorSell14,178$22.37$317,161.86View SEC Filing  
7/3/2014Carolyn C CumminsVPSell1,000$22.50$22,500.00View SEC Filing  
6/9/2014Frank E Richardson IIIDirectorSell50,000$21.76$1,088,000.00View SEC Filing  
4/14/2014Pedro Claudia SanVPSell7,042$20.91$147,248.22View SEC Filing  
3/31/2014J Clifford HudsonCEOSell100,000$22.64$2,264,000.00View SEC Filing  
3/7/2014Michelle BrittenVPSell1,500$20.53$30,795.00View SEC Filing  
3/4/2014Carolyn CumminsVPSell4,240$20.00$84,800.00View SEC Filing  
2/28/2014Frank Richardson IIIDirectorSell6,667$20.66$137,740.22View SEC Filing  
2/26/2014Michael MaplesDirectorSell25,966$19.75$512,828.50View SEC Filing  
2/18/2014Frank Richardson IIIDirectorSell90,400$19.00$1,717,600.00View SEC Filing  
2/12/2014Omar JanjuaInsiderSell98,807$17.89$1,767,657.23View SEC Filing  
1/24/2014Frank Richardson IIIDirectorSell9,600$19.14$183,744.00View SEC Filing  
1/23/2014Robert RosenbergDirectorSell35,000$19.93$697,550.00View SEC Filing  
1/22/2014Stephen VaughanCFOSell24,500$20.17$494,165.00View SEC Filing  
1/17/2014Frank Richardson IIIDirectorSell7,355$20.59$151,439.45View SEC Filing  
1/16/2014Douglas BenhamDirectorSell21,764$20.62$448,773.68View SEC Filing  
1/10/2014Michelle BrittenVPSell4,181$20.00$83,620.00View SEC Filing  
1/10/2014Robert RosenbergDirectorSell10,125$19.98$202,297.50View SEC Filing  
12/18/2013Federico PenaDirectorSell10,125$20.56$208,170.00View SEC Filing  
12/4/2013Carolyn CumminsVPSell2,564$20.52$52,613.28View SEC Filing  
12/4/2013Craig Jeffrey MillerInsiderSell31,503$20.44$643,921.32View SEC Filing  
12/2/2013Craig Jeffrey MillerInsiderSell18,497$19.92$368,460.24View SEC Filing  
11/25/2013Kate LavelleDirectorSell5,014$19.88$99,678.32View SEC Filing  
11/21/2013Michael MaplesDirectorSell38,347$19.78$758,503.66View SEC Filing  
11/20/2013Douglas BenhamDirectorSell2,500$19.40$48,500.00View SEC Filing  
11/12/2013Pedro Claudia SanVPSell20,971$19.10$400,546.10View SEC Filing  
11/11/2013Kathy TaylorDirectorSell52,204$19.03$993,442.12View SEC Filing  
11/5/2013Douglas BenhamDirectorSell66,034$19.20$1,267,852.80View SEC Filing  
10/25/2013Paige S BassVPSell44,306$18.75$830,737.50View SEC Filing  
9/23/2013J Clifford HudsonCEOSell300,000$18.44$5,532,000.00View SEC Filing  
9/17/2013Carolyn CumminsVPSell1,500$18.29$27,435.00View SEC Filing  
4/10/2013W Scott MclainInsiderSell9,098$12.51$113,815.98View SEC Filing  
4/9/2013Stephen C VaughanCFOSell16,584$12.38$205,309.92View SEC Filing  
1/30/2013Jeffrey SchutzDirectorSell21,065$11.15$234,874.75View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Sonic Corp. (NASDAQ:SONC)
DateHeadline
News IconTrading Watch: Checking in on Shares of Sonic Corp. (NASDAQ:SONC) - The Standard (NASDAQ:SONC)
6milestandard.com - February 24 at 7:39 AM
News IconAn Inside Look at Trading Hot Stocks: Myriad Genetics, Inc. (MYGN), Sonic Corp. (SONC) - Post Analyst (NASDAQ:SONC)
www.postanalyst.com - February 24 at 7:39 AM
News IconWhat are Brokerage Firms Saying About Sonic Corp. (NASDAQ:SONC)? - Aiken Advocate (NASDAQ:SONC)
aikenadvocate.com - February 23 at 1:11 AM
News IconA Look at the Technicals on Sonic Corp. (NASDAQ:SONC) - Sherwood Daily (NASDAQ:SONC)
sherwooddaily.com - February 22 at 8:09 PM
News IconMarket Update: Following the Charts for Sonic Corp. (NASDAQ:SONC) - Searcy News (NASDAQ:SONC)
searcysentinel.com - February 22 at 8:09 PM
News IconDividend Growth of Sonic Corp.(SONC) - Morning Outlook (NASDAQ:SONC)
www.morningoutlook.com - February 18 at 8:46 AM
capitalcube.com logoSonic Corp. breached its 50 day moving average in a Bullish Manner : SONC-US : February 14, 2017 (NASDAQ:SONC)
www.capitalcube.com - February 15 at 6:08 AM
seekingalpha.com logoWeekly Restaurant Report: Earnings Blitz, Panera 2.0 Steals The Show (NASDAQ:SONC)
seekingalpha.com - February 13 at 8:10 AM
News IconSonic’s announces the departure of its president and chief marketing officer Todd Smith (NASDAQ:SONC)
eprretailnews.com - February 10 at 4:31 AM
News IconSONIC Refranchising Initiative Adds New Franchisee To System (NASDAQ:SONC)
www.franchising.com - February 9 at 5:04 AM
streetinsider.com logoSonic Corp (SONC) Announces Resignation of CMO Todd Smith (NASDAQ:SONC)
www.streetinsider.com - February 9 at 5:04 AM
finance.yahoo.com logoSonic Chief Marketing Officer Departs (NASDAQ:SONC)
finance.yahoo.com - February 9 at 5:04 AM
finance.yahoo.com logo5:06 pm Sonic chief marketing officer Todd Smith will resign effective March 9; search is underway to fill the chief marketing position (NASDAQ:SONC)
finance.yahoo.com - February 9 at 5:04 AM
biz.yahoo.com logoSONIC CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:SONC)
biz.yahoo.com - February 9 at 5:04 AM
News IconSonic Corporation Valuation – Initial Coverage $SONC (NASDAQ:SONC)
www.moderngraham.com - February 6 at 8:02 PM
News IconSONIC® Drive-In announces the ultimate special with the all-new $3.99 Footlong Coney and Tots (NASDAQ:SONC)
eprretailnews.com - January 27 at 3:44 AM
finance.yahoo.com logoSONIC Gives Fans Iconic Tastes at an Incredible Value with $3.99 Footlong Coney and Tots Special (NASDAQ:SONC)
finance.yahoo.com - January 27 at 3:44 AM
capitalcube.com logoETFs with exposure to Sonic Corp. : January 25, 2017 (NASDAQ:SONC)
www.capitalcube.com - January 26 at 5:51 AM
News IconSonic announces the appointment of Christina Bell Vaughan as president of Sonic Restaurants, Inc. (NASDAQ:SONC)
eprretailnews.com - January 25 at 6:04 AM
finance.yahoo.com logoSonic Taps Company Veteran to Lead Company-Owned Restaurants (NASDAQ:SONC)
finance.yahoo.com - January 25 at 6:04 AM
biz.yahoo.com logoSONIC CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SONC)
biz.yahoo.com - January 25 at 6:04 AM
4-traders.com logoSonic : Restaurants Stocks Under Scanner -- Darden Restaurants, Chipotle Mexican Grill, Dunkin' Brands, and Sonic (NASDAQ:SONC)
www.4-traders.com - January 23 at 8:29 AM
News IconSonic Corp. elects Steven A. Davis to its board of directors (NASDAQ:SONC)
eprretailnews.com - January 23 at 8:29 AM
streetinsider.com logoSonic Corp (SONC) Elects Steven Davis to Board of Directors - StreetInsider.com (NASDAQ:SONC)
www.streetinsider.com - January 21 at 1:57 AM
4-traders.com logoSONIC CORP : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:SONC)
www.4-traders.com - January 20 at 6:48 AM
streetinsider.com logoSonic Corp (SONC) Elects Steven Davis to Board of Directors (NASDAQ:SONC)
www.streetinsider.com - January 20 at 6:48 AM
finance.yahoo.com logoSonic Declares Quarterly Dividend (NASDAQ:SONC)
finance.yahoo.com - January 20 at 6:48 AM
finance.yahoo.com logoSonic Adds New Talent to Board of Directors (NASDAQ:SONC)
finance.yahoo.com - January 20 at 6:48 AM
biz.yahoo.com logoSONIC CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SONC)
biz.yahoo.com - January 20 at 6:48 AM
nasdaq.com logoYieldBoost Sonic Corp. To 14.8% Using Options (NASDAQ:SONC)
www.nasdaq.com - January 18 at 11:29 PM
News IconWall Street and Armchair Analysts Weigh in on Sonic Corp. (NASDAQ:SONC) Heading Into The New Year - Wall Street Beacon (NASDAQ:SONC)
wsbeacon.com - January 17 at 12:41 PM
News IconWill The Needle Move For Sonic Corp. (NASDAQ:SONC) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:SONC)
wsbeacon.com - January 17 at 12:41 PM
News IconSonic Corp. (SONC) Shares Bought by BlackRock Fund Advisors (NASDAQ:SONC)
diariocatolico.net - January 14 at 7:56 PM
News IconSonic Corp. (NASDAQ:SONC) 1 Year Price Target is set at $28.21 (NASDAQ:SONC)
prensariotiretail.com - January 14 at 7:56 PM
finance.yahoo.com logoSONIC CORP Financials (NASDAQ:SONC)
finance.yahoo.com - January 12 at 10:38 PM
fool.com logoWhy Did Sonic Corp. Shares Lose 16% in 2016? (NASDAQ:SONC)
www.fool.com - January 12 at 8:54 AM
capitalcube.com logoETFs with exposure to Sonic Corp. : January 11, 2017 (NASDAQ:SONC)
www.capitalcube.com - January 12 at 12:35 AM
investornewswire.com logoSentiments And Ratings Alert: Sonic Corp. (NASDAQ:SONC) - Investor Newswire (NASDAQ:SONC)
www.investornewswire.com - January 11 at 4:53 AM
capitalcube.com logoSonic Corp. :SONC-US: Earnings Analysis: Q1, 2017 By the Numbers : January 10, 2017 (NASDAQ:SONC)
www.capitalcube.com - January 10 at 11:51 PM
seekingalpha.com logoCL King downgrades Group 1, Sonic (NASDAQ:SONC)
seekingalpha.com - January 10 at 8:57 AM
finance.yahoo.com logoPost Earnings Coverage as Sonic's Top-line Grew 17% y-o-y (NASDAQ:SONC)
finance.yahoo.com - January 9 at 4:41 PM
capitalcube.com logoSonic Corp. : SONC-US: Dividend Analysis : November 09th, 2016 (record date) : By the numbers : January 9, 2017 (NASDAQ:SONC)
www.capitalcube.com - January 9 at 4:41 PM
nasdaq.com logoSonic Reaches Analyst Target Price (NASDAQ:SONC)
www.nasdaq.com - January 7 at 4:48 AM
News IconSonic Corp. (SONC) Trading Up 5.2% Following Earnings Beat (NASDAQ:SONC)
flapship.com - January 7 at 4:48 AM
biz.yahoo.com logoSONIC CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:SONC)
biz.yahoo.com - January 7 at 4:48 AM
baystreet.ca logoSonic Corporation (SONC) Gains on Beating Q1 Expectations (NASDAQ:SONC)
www.baystreet.ca - January 6 at 5:00 AM
News IconShares in Sonic Corp. (SONC) Acquired by the Pembroke Management LTD (NASDAQ:SONC)
baddgoddess.com - January 6 at 5:00 AM
capitalcube.com logoSonic Corp. – Value Analysis (NASDAQ:SONC) : January 5, 2017 (NASDAQ:SONC)
www.capitalcube.com - January 6 at 5:00 AM
News IconInvestors in Sonic Corp (SONC) are paying above the intrinsic value (NASDAQ:SONC)
simplywall.st - January 5 at 6:43 AM
baystreet.ca logoSonic Corporation (SONC) Up with Earnings on Slate (NASDAQ:SONC)
www.baystreet.ca - January 5 at 6:43 AM

Social

What is Sonic Corp.'s stock symbol?

Sonic Corp. trades on the NASDAQ under the ticker symbol "SONC."

How often does Sonic Corp. pay dividends? What is the dividend yield for Sonic Corp.?

Sonic Corp. announced a quarterly dividend on Thursday, January 19th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.14 per share on Friday, February 17th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Monday, February 6th.

Where is Sonic Corp.'s stock going? Where will Sonic Corp.'s stock price be in 2017?

12 brokers have issued twelve-month price objectives for Sonic Corp.'s stock. Their predictions range from $25.00 to $42.00. On average, they anticipate Sonic Corp.'s stock price to reach $30.45 in the next twelve months.

When will Sonic Corp. announce their earnings?

Sonic Corp. is scheduled to release their next quarterly earnings announcement on Monday, March, 27th 2017.

What are analysts saying about Sonic Corp. stock?

Here are some recent quotes from research analysts about Sonic Corp. stock:

  • According to Zacks Investment Research, "Sonic Corp. operates and franchises one of the largest chain of drive-in restaurants in the United States. Sonic restaurants offer made-to-order hamburgers and other sandwiches and feature Sonic signature items, such as footlong coney cheese dogs, hand-battered onion rings, tater tots, specialty soft drinks, including cherry limeades and slushes, and frozen desserts. At a typical Sonic restaurant, a customer drives into one of 24 to 36 covered drive-in spaces, orders through an intercom, and has the food delivered by a carhop within an average of four minutes. " (1/19/2017)

  • Canaccord Genuity analysts commented, "We like the fact that SONC is moving to a 95% franchise model (from ~89%) and unit growth will be accelerating over the next 2-3 years. Further, we note that SONC’s valuation is the lowest among its franchise peers at ~10x EBITDA vs a peer average of ~13x NTM EBITDA. In summary, while our long-term positive view remains intact, we expect near-term volatility in the stock ahead of the company’s earnings release on Oct." (9/9/2016)

Who owns Sonic Corp. stock?

Sonic Corp.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.23%), Ranger Investment Management L.P. (2.48%), State Street Corp (2.29%), Nokota Management LP (1.05%), Westwood Holdings Group Inc. (1.04%) and Sandler Capital Management (0.63%). Company insiders that own Sonic Corp. stock include Carolyn C Cummins, Craig Jeffrey Miller, Federico F Pena, Frank E Richardson III, Harold A Ceron, J Clifford Hudson, Kate S Lavelle, Kathy L Taylor, Michelle E Britten, Paige S Bass, Robert M Rosenberg and Stephen C Vaughan.

Who sold Sonic Corp. stock? Who is selling Sonic Corp. stock?

Sonic Corp.'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Two Sigma Investments LP, Marshall Wace LLP, Credit Agricole S A, Guggenheim Capital LLC, New York State Teachers Retirement System, Metropolitan Life Insurance Co. NY and Dimensional Fund Advisors LP. Company insiders that have sold Sonic Corp. stock in the last year include Carolyn C Cummins, Craig Jeffrey Miller, Frank E Richardson III, Harold A Ceron, J Clifford Hudson and Paige S Bass.

Who bought Sonic Corp. stock? Who is buying Sonic Corp. stock?

Sonic Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Sandler Capital Management, Nokota Management LP, Ranger Investment Management L.P., Night Square Capital Partners LP, Russell Investments Group Ltd., Westwood Holdings Group Inc., Tyvor Capital LLC and Denver Investment Advisors LLC.

How do I buy Sonic Corp. stock?

Shares of Sonic Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sonic Corp. stock cost?

One share of Sonic Corp. stock can currently be purchased for approximately $25.56.

Sonic Corp. (NASDAQ:SONC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sonic Corp. (NASDAQ:SONC)

Earnings History Chart

Earnings by Quarter for Sonic Corp. (NASDAQ:SONC)

Dividend History Chart

Dividend Payments by Quarter for Sonic Corp. (NASDAQ:SONC)

Last Updated on 2/27/2017 by MarketBeat.com Staff