NASDAQ:SONC - Sonic Stock Price, News, & Analysis

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$43.49 0.00 (0.00 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$43.49
Today's Range$43.49 - $43.49
52-Week Range$23.22 - $44.87
VolumeN/A
Average Volume594,399 shs
Market Capitalization$1.55 billion
P/E Ratio29.19
Dividend Yield1.47%
Beta1.32
Sonic Corp., through its subsidiaries, operates and franchises a chain of drive-in restaurants in the United States. As of August 31, 2018, the company operated 3,606 Sonic Drive-Ins in 45 states, including 3,427 Drive-Ins owned and operated by franchisees; and 179 Drive-Ins owned and operated by the company. The company also owns and leases 162 properties; and sublease 48 properties to franchisees and other parties. Sonic Corp. was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:SONC
CUSIP83545110
Phone405-225-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$423.59 million
Cash Flow$2.6763 per share
Book Value($8.12) per share

Profitability

Net Income$71.20 million

Miscellaneous

Employees5,041
Market Cap$1.55 billion
OptionableOptionable

Sonic (NASDAQ:SONC) Frequently Asked Questions

What is Sonic's stock symbol?

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

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

Sonic declared a quarterly dividend on Thursday, July 12th. Investors of record on Wednesday, August 8th will be given a dividend of $0.16 per share on Friday, August 17th. This represents a $0.64 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Tuesday, August 7th. View Sonic's Dividend History.

How will Sonic's stock buyback program work?

Sonic declared that its board has approved a share repurchase program on Wednesday, August 8th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 40.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

How were Sonic's earnings last quarter?

Sonic Co. (NASDAQ:SONC) released its earnings results on Tuesday, October, 16th. The restaurant operator reported $0.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.01. The restaurant operator earned $111.80 million during the quarter, compared to analysts' expectations of $113.22 million. Sonic had a negative return on equity of 21.64% and a net margin of 16.81%. Sonic's quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS. View Sonic's Earnings History.

What price target have analysts set for SONC?

12 Wall Street analysts have issued 1 year price objectives for Sonic's shares. Their forecasts range from $27.00 to $43.50. On average, they anticipate Sonic's stock price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 14.9%. View Analyst Price Targets for Sonic.

What is the consensus analysts' recommendation for Sonic?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic in the last year. There are currently 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonic.

Has Sonic been receiving favorable news coverage?

Headlines about SONC stock have been trending very positive on Tuesday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sonic earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave news articles about the restaurant operator a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Sonic's key competitors?

Who are Sonic's key executives?

Sonic's management team includes the folowing people:
  • Mr. J. Clifford Hudson, Chairman & CEO (Age 64)
  • Ms. Claudia S. San Pedro, Pres (Age 49)
  • Ms. Paige S. Bass, Sr. VP & Gen. Counsel (Age 49)
  • Mr. E. Edward Saroch, Sr. VP of Franchise Relations (Age 61)
  • Mr. John H. Budd III, Exec. VP and Chief Strategy & Bus. Devel. Officer (Age 51)

How do I buy shares of Sonic?

Shares of SONC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sonic's stock price today?

One share of SONC stock can currently be purchased for approximately $43.49.

How big of a company is Sonic?

Sonic has a market capitalization of $1.55 billion and generates $423.59 million in revenue each year. The restaurant operator earns $71.20 million in net income (profit) each year or $1.49 on an earnings per share basis. Sonic employs 5,041 workers across the globe.

What is Sonic's official website?

The official website for Sonic is http://www.sonicdrivein.com.

How can I contact Sonic?

Sonic's mailing address is 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK, 73104. The restaurant operator can be reached via phone at 405-225-5000 or via email at [email protected]


MarketBeat Community Rating for Sonic (NASDAQ SONC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  483 (Vote Outperform)
Underperform Votes:  572 (Vote Underperform)
Total Votes:  1,055
MarketBeat's community ratings are surveys of what our community members think about Sonic and other stocks. Vote "Outperform" if you believe SONC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SONC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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