Sonic Corp. Company Profile (NASDAQ:SONC)

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

Sonic Corp. announced a quarterly dividend on Thursday, July 6th. Shareholders of record on Wednesday, August 9th will be given a dividend of $0.14 per share on Friday, August 18th. This represents a $0.56 annualized dividend and a yield of 2.29%. The ex-dividend date is Monday, August 7th. View Sonic Corp.'s Dividend History.

Sonic Corp. (NASDAQ:SONC) issued its quarterly earnings results on Thursday, June, 22nd. The company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The firm had revenue of $124 million for the quarter, compared to analysts' expectations of $122.58 million. Sonic Corp. had a negative return on equity of 44.21% and a net margin of 13.23%. The firm's quarterly revenue was down 24.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. View Sonic Corp.'s Earnings History.

Sonic Corp. is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Sonic Corp..

12 analysts have issued twelve-month target prices for Sonic Corp.'s shares. Their predictions range from $24.00 to $32.00. On average, they expect Sonic Corp.'s stock price to reach $27.45 in the next year. View Analyst Ratings for Sonic Corp..

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

• 1. 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. " (7/18/2017)
• 2. Cowen and Company analysts commented, "We worry comps will be challenged in SONC's 2Q and 3Q, modestly trailing Street estimates. Shares' downside could be limited as SONC completed the previous initiative to refranchise to ~95% one quarter ahead of schedule, which could lead to a favorable company margin and G&A guidance update. Downside is further limited by targets to repurchase 17%+ of the company's market cap in 2017." (3/24/2017)

Some companies that are related to Sonic Corp. include Arcos Dorados Holdings (ARCO), Domino's Pizza Group PLC. (DOM), Wingstop (WING), Red Robin Gourmet Burgers (RRGB), Del Taco Restaurants (TACO), Carrols Restaurant Group (TAST), Fogo de Chao (FOGO), Noodles & Company (NDLS), Jamba (JMBA), Papa Murphy's Holdings (FRSH), Country Syl Ckng Restaurant Chain Co Ltd (CCSC) and Popeyes Louisiana Kitchen (PLKI).

Sonic Corp.'s management team includes the folowing people:

• James Clifford Hudson, Chairman of the Board, President, Chief Executive Officer
• Claudia S. San Pedro, Chief Financial Officer, Executive Vice President
• Christina D. Vaughan, President of Sonic Restaurants, Inc.
• Paige S. Bass, Senior Vice President, General Counsel and Assistant Corporate Secretary
• John H. Budd III, Senior Vice President, Chief Development and Strategy Officer
• Michelle E. Britten, Chief Accounting Officer, Vice President
• Lori Abou Habib, Chief Marketing Officer
• Corey R. Horsch, Vice President of Investor Relations, Treasurer
• Carolyn C. Cummins, Vice President - Compliance, Corporate Secretary
• J. Larry Nichols, Lead Independent Director

Sonic Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include SOUTHEASTERN ASSET MANAGEMENT INC (15.40%), Fenimore Asset Management Inc. (1.93%), Pembroke Management LTD (0.92%), Reinhart Partners Inc. (0.17%), Cobiz Wealth LLC (0.14%) and Malaga Cove Capital LLC (0.10%). 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 Steven A Davis. View Institutional Ownership Trends for Sonic Corp..

Sonic Corp.'s stock was sold by a variety of institutional investors in the last quarter, including OLD National Bancorp IN, Capstone Asset Management Co., Louisiana State Employees Retirement System and Malaga Cove Capital LLC. Company insiders that have sold Sonic Corp. stock in the last year include Carolyn C Cummins, Frank E Richardson III and Harold A Ceron. View Insider Buying and Selling for Sonic Corp..

Sonic Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Parametrica Management Ltd, Fox Run Management L.L.C., State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Reinhart Partners Inc., Cobiz Wealth LLC and Pembroke Management LTD. Company insiders that have bought Sonic Corp. stock in the last two years include Kathy L Taylor and Steven A Davis. View Insider Buying and Selling for Sonic Corp..

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.

One share of Sonic Corp. stock can currently be purchased for approximately $24.47.