NASDAQ:SONC - Sonic Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $34.80 +0.51 (+1.49 %) (As of 08/17/2018 04:00 PM ET)Previous Close$34.80Today's Range$33.99 - $34.8452-Week Range$22.11 - $37.44Volume928,031 shsAverage Volume829,540 shsMarket Capitalization$1.23 billionP/E Ratio27.84Dividend Yield1.87%Beta1.48 Company ProfileAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of August 31, 2017, the company operated 3,593 Sonic Drive-Ins in 45 states, of which 228 were owned and operated by the company and 3,365 were owned and operated by franchisees. The company also owns and leases 135 properties; and sublease 53 properties to franchisees and other parties. The company was founded in 1953 and is headquartered in Oklahoma City, Oklahoma. Receive SONC News and Ratings via Email Sign-up to receive the latest news and ratings for SONC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale SymbolNASDAQ:SONC CUSIP83545110 Webwww.sonicdrivein.com Phone405-225-5000 Debt Debt-to-Equity Ratio-2.62 Current Ratio1.78 Quick Ratio1.78 Price-To-Earnings Trailing P/E Ratio27.84 Forward P/E Ratio23.51 P/E Growth1.58 Sales & Book Value Annual Sales$477.27 million Price / Sales2.63 Cash Flow$2.2642 per share Price / Cash15.37 Book Value($4.75) per share Price / Book-7.33 Profitability EPS (Most Recent Fiscal Year)$1.25 Net Income$63.66 million Net Margins16.87% Return on Equity-23.60% Return on Assets10.25% Miscellaneous Employees6,173 Outstanding Shares36,090,000Market Cap$1.23 billion 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 announced a quarterly dividend on Thursday, July 12th. Stockholders of record on Wednesday, August 8th will be paid a dividend of $0.16 per share on Friday, August 17th. This represents a $0.64 annualized dividend and a dividend yield of 1.84%. 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 announced that its board has approved a share buyback program on Wednesday, August 8th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 40.5% of its stock through open market purchases. Stock repurchase programs are generally 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 quarterly earnings data on Tuesday, June, 26th. The restaurant operator reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.03. The restaurant operator earned $118.30 million during the quarter, compared to the consensus estimate of $119.31 million. Sonic had a negative return on equity of 23.60% and a net margin of 16.87%. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.43 EPS. View Sonic's Earnings History. When is Sonic's next earnings date? Sonic is scheduled to release their next quarterly earnings announcement on Monday, October, 15th 2018. View Earnings Estimates for Sonic. What guidance has Sonic issued on next quarter's earnings? Sonic issued an update on its FY18 earnings guidance on Tuesday, June, 26th. The company provided earnings per share guidance of $1.45-1.49 for the period, compared to the Thomson Reuters consensus estimate of $1.47. What price target have analysts set for SONC? 10 brokerages have issued 12 month target prices for Sonic's stock. Their predictions range from $27.00 to $41.00. On average, they expect Sonic's share price to reach $31.30 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Sonic. What is the consensus analysts' recommendation for Sonic? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonic. Who are some of Sonic's key competitors? Some companies that are related to Sonic include Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Main Street Capital (MAIN), Cheesecake Factory (CAKE), Dave & Buster's Entertainment (PLAY), Brinker International (EAT), Wingstop (WING), Bloomin' Brands (BLMN), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), BJ's Restaurants (BJRI), Dine Brands Global (DIN), Papa John's Int'l (PZZA) and Ruth's Hospitality Group (RUTH). 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 & Assistant Corp. Sec. (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) Has Sonic been receiving favorable news coverage? News headlines about SONC stock have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sonic earned a daily sentiment score of 0.06 on Accern's scale. They also assigned headlines about the restaurant operator an impact score of 47.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Sonic. Who are Sonic's major shareholders? Sonic's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.03%), Dimensional Fund Advisors LP (5.38%), Macquarie Group Ltd. (3.83%), Rothschild Asset Management Inc. (2.45%), Fenimore Asset Management Inc. (2.34%) and Bank of New York Mellon Corp (1.70%). Company insiders that own Sonic stock include Carolyn C Cummins, Christina D Vaughan, E Edward Saroch, Federico F Pena, Frank E Richardson III, Harold A Ceron and Steven A Davis. View Institutional Ownership Trends for Sonic. Which institutional investors are selling Sonic stock? SONC stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Macquarie Group Ltd., Fenimore Asset Management Inc., Canada Pension Plan Investment Board, Paloma Partners Management Co, TD Asset Management Inc., California Public Employees Retirement System and Swiss National Bank. Company insiders that have sold Sonic company stock in the last year include Carolyn C Cummins, Christina D Vaughan, E Edward Saroch, Federico F Pena and Frank E Richardson III. View Insider Buying and Selling for Sonic. Which institutional investors are buying Sonic stock? SONC stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Millennium Management LLC, Point72 Asset Management L.P., BlackRock Inc., Schwab Charles Investment Management Inc., Stephens Inc. AR, Catalyst Capital Advisors LLC and Cornerstone Wealth Management LLC. View Insider Buying and Selling for Sonic. 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 $34.80. How big of a company is Sonic? Sonic has a market capitalization of $1.23 billion and generates $477.27 million in revenue each year. The restaurant operator earns $63.66 million in net income (profit) each year or $1.25 on an earnings per share basis. Sonic employs 6,173 workers across the globe. 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 ( )Outperform Votes: 450 (Vote Outperform)Underperform Votes: 523 (Vote Underperform)Total Votes: 973MarketBeat'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 8/18/2018 by MarketBeat.com StaffFeatured Article: How do investors use RSI to grade stocks?