How were Sonic's earnings last quarter?

Sonic Corp. (NASDAQ:SONC) released its quarterly earnings data on Tuesday, October, 16th. The restaurant operator reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The restaurant operator earned $111.80 million during the quarter, compared to analyst estimates of $113.22 million. Sonic had a net margin of 16.81% and a negative trailing twelve-month return on equity of 21.64%. Sonic's revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business earned $0.45 earnings per share.

Is Sonic a good dividend stock?

Sonic (NASDAQ:SONC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.47%. The dividend payout ratio is 42.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONC will have a dividend payout ratio of 35.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SONC .

What other stocks do shareholders of Sonic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic investors own include Walt Disney (DIS) , Netflix (NFLX) , Starbucks (SBUX) , Global Medical REIT (GMRE) , NVIDIA (NVDA) , Twitter (TWTR) , Broadcom (AVGO) , Tesla (TSLA) , Bausch Health Companies (BHC) and INSYS Therapeutics (INSY) .

NASDAQ:SONC

Sonic (SONC) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $43.49
▼
$43.49
50-Day Range: $43.49
▼
$43.49
52-Week Range: $23.22
▼
$44.87

Volume: N/A
Average Volume: 594,399 shs
Market Capitalization: $1.55 billion

P/E Ratio: 29.19
Dividend Yield: 1.47%
Price Target: N/A

Stock Analysis

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About Sonic Stock (NASDAQ:SONC)

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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SONC Stock News Headlines

April 19, 2024 | yahoo.com

Sony in Talks to Acquire Sonic Movie and Halo TV Show Owner, Paramount – Report

April 19, 2024 | msn.com

Sonic restaurant closed due to Bradford County Sheriff’s Office drug investigation

April 19, 2024 | Behind the Markets (Ad)

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April 19, 2024 | msn.com

Woman Sparks Enraging Debate as She Opts for ‘No Tip’ at Sonic’s Carhop Service

April 19, 2024 | yahoo.com

Idris Elba Says Sonic 3 Will Be For the Real Diehards

April 18, 2024 | msn.com

Sonic to Launch New Fries and Sauce in May 2024

April 18, 2024 | msn.com

Sonic Dream Team - Official Content Update 2 Trailer

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 18, 2024 | yahoo.com

Sonic Is Giving Its Fries A Facelift For The First Time In A Decade

April 18, 2024 | msn.com

Idris Elba explains the success of the Sonic movies franchise: 'People just want more from it!'

April 18, 2024 | msn.com

'Sonic' 3 Is for "All the Real Diehard Fans" Says Idris Elba

April 17, 2024 | msn.com

Idris Elba says being in Knuckles series ‘surreal’ after playing Sonic as a boy

April 17, 2024 | msn.com

'Sonic the Hedgehog' dashes back to theaters with Keanu Reeves in the cast. What to know about the upcoming film and spin-off TV series.

April 17, 2024 | msn.com

Keanu Reeves joins ‘Sonic 3’ as Shadow the Hedgehog

April 17, 2024 | msn.com

Rock star Johnny Gioeli to sing; play 'Sonic The Hedgehog' at Hopewell arcade & museum

April 17, 2024 | msn.com

Keanu Reeves Joins “Sonic The Hedgehog 3” As Shadow, A Game-Changing Revelation

April 16, 2024 | msn.com

Sonic the Hedgehog may have predicted Keanu Reeves as Shadow in a previous movie

April 16, 2024 | msn.com

Sonic the Hedgehog 3's Shadow actor isn't Hayden Christensen - it's Keanu Reeves

April 16, 2024 | msn.com

Sonic the Hedgehog Movie Seemingly Foreshadowed Keanu Reeves' Involvement

April 16, 2024 | msn.com

Keanu Reeves reportedly joins Sonic 3 as Shadow the villainous hedgehog

April 16, 2024 | msn.com

Keanu Reeves to voice Shadow in third 'Sonic' movie

April 16, 2024 | msn.com

Keanu Reeves joins Sonic 3

April 15, 2024 | yahoo.com

Keanu Reeves Joins “Sonic the Hedgehog 3” Movie as the Voice of Shadow: Reports

April 15, 2024 | msn.com

Keanu Reeves To Voice Shadow In Third ‘Sonic The Hedgehog’

April 15, 2024 | msn.com

Keanu Reeves Will Voice Shadow in Sonic the Hedgehog 3

April 15, 2024 | msn.com

Keanu Reeves is voicing Shadow the Hedgehog in the third Sonic movie

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Company Calendar

Last Earnings: 10/16/2018
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Eating Places
Sub-Industry: Restaurants
Current Symbol: NASDAQ:SONC
CUSIP: 83545110
CIK: 868611
Web: www.sonicdrivein.com
Phone: 405-225-5000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.49
Trailing P/E Ratio: 29.19
Forward P/E Ratio: 26.36
P/E Growth: 1.86
Net Income: $71.20 million
Net Margins: 16.81%
Pretax Margin: N/A
Return on Equity: -21.64%
Return on Assets: 10.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.68
Quick Ratio: 1.65

Sales & Book Value

Annual Sales: $423.59 million
Price / Sales: 3.66
Cash Flow: $2.68 per share
Price / Cash Flow: 16.25
Book Value: ($8.12) per share
Price / Book: -5.36

Miscellaneous

Outstanding Shares: 35,690,000
Free Float: N/A
Market Cap: $1.55 billion
Optionable: Optionable
Beta: 1.32

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Key Executives

Mr. J. Clifford Hudson (Age 64)
Chairman & CEO
Ms. Claudia S. San Pedro (Age 49)
Pres
Ms. Paige S. Bass (Age 49)
Sr. VP & Gen. Counsel
Mr. E. Edward Saroch (Age 61)
Sr. VP of Franchise Relations
Mr. John H. Budd III (Age 51)
Exec. VP and Chief Strategy & Bus. Devel. Officer

Key Competitors

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SONC Stock Analysis - Frequently Asked Questions

How were Sonic's earnings last quarter?: Sonic Corp. (NASDAQ:SONC) released its quarterly earnings data on Tuesday, October, 16th. The restaurant operator reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The restaurant operator earned $111.80 million during the quarter, compared to analyst estimates of $113.22 million. Sonic had a net margin of 16.81% and a negative trailing twelve-month return on equity of 21.64%. Sonic's revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business earned $0.45 earnings per share.
Is Sonic a good dividend stock?: Sonic (NASDAQ:SONC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.47%. The dividend payout ratio is 42.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONC will have a dividend payout ratio of 35.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SONC.
What other stocks do shareholders of Sonic own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic investors own include Walt Disney (DIS), Netflix (NFLX), Starbucks (SBUX), Global Medical REIT (GMRE), NVIDIA (NVDA), Twitter (TWTR), Broadcom (AVGO), Tesla (TSLA), Bausch Health Companies (BHC) and INSYS Therapeutics (INSY).

This page (NASDAQ:SONC) was last updated on 4/19/2024 by MarketBeat.com Staff

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Sonic (SONC) Stock Price, News & Analysis

About Sonic Stock (NASDAQ:SONC)

SONC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

SONC Stock Analysis - Frequently Asked Questions

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