Sotheby's Company Profile (NYSE:BID)

About Sotheby's

SothebySotheby's is a global art business company. The Company operates in two segments: Agency and Finance. The Agency segment earns commissions by matching buyers and sellers of authenticated fine art, decorative art, jewelry, wine and collectibles (collectively, art or works of art or artwork or property) through the auction or private sale process. Agency segment activities also include the sale of artworks that are principally acquired incidental to the auction process and the activities of RM Sotheby's. The Finance segment earns interest income through art-related financing activities by making loans that are secured by works of art. Its activities include Sotheby's retail wine operations, Acquavella Modern Art, an equity investee, and sales of the remaining inventory of Noortman Master Paintings, an art dealer that was owned and operated by Sotheby's are reported within all other segment.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Specialty Retail, Other
  • Sub-Industry: Specialized Consumer Services
  • Exchange: NYSE
  • Symbol: BID
  • CUSIP: 83589810
Key Metrics:
  • Previous Close: $38.01
  • 50 Day Moving Average: $39.02
  • 200 Day Moving Average: $31.23
  • 52-Week Range: $18.86 - $41.23
  • Trailing P/E Ratio: 73.38
  • Foreward P/E Ratio: 16.53
  • P/E Growth: 1.16
  • Market Cap: $2.10B
  • Outstanding Shares: 55,134,000
  • Beta: 2.25
Profitability:
  • Net Margins: 3.87%
  • Return on Equity: 18.52%
  • Return on Assets: 4.69%
Debt:
  • Debt-to-Equity Ratio: 1.97%
  • Current Ratio: 1.61%
  • Quick Ratio: 1.41%
Additional Links:
Companies Related to Sotheby's:

Analyst Ratings

Consensus Ratings for Sotheby's (NYSE:BID) (?)
Ratings Breakdown: 6 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $28.75 (24.38% downside)

Analysts' Ratings History for Sotheby's (NYSE:BID)
Show:
DateFirmActionRatingPrice TargetDetails
9/19/2016Cowen and CompanySet Price TargetHold$36.00 -> $38.00View Rating Details
4/14/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details
2/29/2016Craig HallumLower Price TargetHold$26.00 -> $22.00View Rating Details
2/26/2016Barrington ResearchDowngradeOutperform -> Market PerformView Rating Details
2/11/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
1/21/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$29.00 -> $25.00View Rating Details
9/3/2015Williams CapitalLower Price TargetBuy$56.00 -> $49.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Sotheby's (NYSE:BID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016        
8/8/2016Q216$1.05$1.51$291.22 million$298.67 millionViewN/AView Earnings Details
5/9/2016Q116($0.23)($0.35)$124.54 million$106.53 millionViewListenView Earnings Details
2/26/2016Q415$1.14$1.19$331.14 million$335.80 millionViewListenView Earnings Details
11/9/2015Q315($0.27)($0.26)$112.60 million$138.00 millionViewN/AView Earnings Details
8/7/2015Q215$1.24$1.04$342.49 million$332.00 millionViewN/AView Earnings Details
5/11/2015Q115$0.00$0.11$151.70 million$155.70 millionViewListenView Earnings Details
3/2/2015Q414$1.28$1.12$338.11 million$351.20 millionViewN/AView Earnings Details
11/10/2014Q314($0.37)($0.40)$92.73 million$94.20 millionViewN/AView Earnings Details
8/8/2014Q214$1.43$1.26$345.63 million$335.82 millionViewN/AView Earnings Details
5/7/2014Q114($0.17)($0.09)$129.39 million$156.81 millionViewN/AView Earnings Details
2/27/2014Q413$1.40$1.30$351.58 million$339.20 millionViewN/AView Earnings Details
11/11/2013Q313($0.47)($0.44)$68.46 million$107.86 millionViewN/AView Earnings Details
8/6/2013Q2 2013$1.37$1.33$318.14 million$304.80 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.12)($0.33)$116.90 million$101.70 millionViewN/AView Earnings Details
2/28/2013Q4 2012$1.09$0.96$278.84 million$291.12 millionViewN/AView Earnings Details
11/8/2012Q312($0.44)($0.48)$56.41 million$68.46 millionViewN/AView Earnings Details
8/7/2012$1.49$1.24ViewN/AView Earnings Details
5/10/2012($0.15)($0.16)ViewN/AView Earnings Details
2/29/2012$1.28$1.04ViewN/AView Earnings Details
11/7/2011($0.35)($0.44)ViewN/AView Earnings Details
8/3/2011$1.57$1.81ViewN/AView Earnings Details
2/28/2011$1.32$1.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sotheby's (NYSE:BID)
Current Year EPS Consensus Estimate: $2.12 EPS
Next Year EPS Consensus Estimate: $2.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165($0.16)$0.15$0.04
Q2 20165$1.17$1.36$1.22
Q3 20164($0.41)($0.32)($0.35)
Q4 20164$1.15$1.37$1.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sotheby's (NYSE:BID)
Annual Dividend:$0.10
Dividend Yield:0.26%
Dividend Growth:-8.40% (3 Year Average)
Payout Ratio:14.71% (Based on Trailing 12 Months of Earnings)
4.72% (Based on Current Year Consensus EPS Estimate)
4.35% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sotheby's (NYSE:BID)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/6/2015quarterly$0.1011/27/201512/1/201512/15/2015
8/6/2015quarterly$0.108/28/20159/1/20159/15/2015
5/7/2015quarterly$0.100.92%5/28/20156/1/20156/15/2015
2/26/2015quarterly$0.100.92%3/5/20153/9/20153/16/2015
11/6/2014quarterly$0.101.01%11/26/201412/1/201412/15/2014
8/7/2014quarterly$0.101.07%8/28/20149/2/20149/15/2014
5/6/2014quarterly$0.100.96%5/29/20146/2/20146/16/2014
1/29/2014special$4.340.84%2/10/20142/12/20143/17/2014
11/11/2013quarterly$0.100.77%11/27/201312/2/201312/16/2013
8/6/2013quarterly$0.109/3/20139/16/2013
12/6/2012quarterly$0.1012/26/201212/31/2012
12/9/2012special$0.2012/21/201212/26/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sotheby's (NYSE:BID)
Insider Ownership Percentage: 11.98%
Institutional Ownership Percentage: 95.80%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2016Kevin M. DelaneySVPSell542$34.32$18,601.44View SEC Filing  
7/28/2016Kevin M DelaneySVPSell658$33.40$21,977.20View SEC Filing  
6/2/2016Sole Domenico DeDirectorBuy6,620$30.29$200,519.80View SEC Filing  
6/1/2016Olivier RezaDirectorBuy10,000$30.00$300,000.00View SEC Filing  
5/19/2016Dennis M WeiblingDirectorBuy4,000$27.89$111,560.00View SEC Filing  
5/17/2016Dennis M WeiblingDirectorBuy2,000$28.03$56,060.00View SEC Filing  
5/16/2016Dennis M WeiblingDirectorBuy4,000$27.95$111,800.00View SEC Filing  
5/16/2016Michael F GossCFOBuy50,000$27.72$1,386,000.00View SEC Filing  
5/12/2016Dennis M WeiblingDirectorBuy4,000$27.52$110,080.00View SEC Filing  
2/26/2016Olivier RezaDirectorBuy5,000$23.65$118,250.00View SEC Filing  
2/16/2016Sole Domenico DeDirectorBuy9,320$21.49$200,286.80View SEC Filing  
2/12/2016Dennis M. WeiblingCFOBuy4,000$19.99$79,960.00View SEC Filing  
2/8/2016Dennis M WeiblingCFOBuy2,000$23.29$46,580.00View SEC Filing  
2/5/2016Dennis M. WeiblingCFOBuy4,000$24.03$96,120.00View SEC Filing  
2/3/2016Dennis M. WeiblingCFOBuy2,000$22.98$45,960.00View SEC Filing  
2/3/2016Jonathan OlsoffGeneral CounselBuy2,155$23.13$49,845.15View SEC Filing  
2/3/2016Olivier RezaDirectorBuy5,000$22.97$114,850.00View SEC Filing  
2/2/2016Dennis M. WeiblingCFOBuy2,000$23.20$46,400.00View SEC Filing  
2/2/2016Olivier RezaDirectorBuy5,000$23.04$115,200.00View SEC Filing  
2/1/2016Dennis M. WeiblingCFOBuy4,000$23.05$92,200.00View SEC Filing  
1/28/2016Dennis M. WeiblingCFOBuy4,000$23.00$92,000.00View SEC Filing  
1/26/2016Olivier RezaDirectorBuy10,000$22.65$226,500.00View SEC Filing  
8/24/2015Dennis M WeiblingDirectorBuy5,000$35.00$175,000.00View SEC Filing  
8/21/2015Dennis M WeiblingDirectorBuy5,000$36.26$181,300.00View SEC Filing  
8/17/2015Sole Domenico DeDirectorBuy6,607$37.92$250,537.44View SEC Filing  
8/14/2015Dennis M WeiblingDirectorBuy20,000$38.10$762,000.00View SEC Filing  
6/16/2015David UlmerSVPSell3,000$46.46$139,380.00View SEC Filing  
6/3/2015Kevin ChingCEOSell22,900$45.87$1,050,423.00View SEC Filing  
5/28/2015John M AngeloDirectorBuy52,250$44.46$2,323,035.00View SEC Filing  
3/11/2015Kevin M DelaneyCAOSell1,488$40.61$60,427.68View SEC Filing  
3/4/2015William F RuprechtCEOSell20,000$41.73$834,600.00View SEC Filing  
12/15/2014William F RuprechtCEOSell15,000$38.88$583,200.00View SEC Filing  
5/12/2014Kevin DelaneyCAOSell1,601$41.21$65,977.21View SEC Filing  
3/17/2014Sole Domenico DeDirectorBuy4,000$45.05$180,200.00View SEC Filing  
3/11/2014Bruno VinciguerraCOOSell15,701$47.48$745,483.48View SEC Filing  
3/6/2014Mitchell ZuckermanEVPSell1,500$47.27$70,905.00View SEC Filing  
11/14/2013Patrick McclymontCFOBuy2,000$50.92$101,840.00View SEC Filing  
9/16/2013John AngeloDirectorSell275,000$48.55$13,351,250.00View SEC Filing  
8/14/2013Susan AlexanderEVPSell16,127$45.63$735,875.01View SEC Filing  
8/9/2013David UlmerSVPSell7,000$43.43$304,010.00View SEC Filing  
5/24/2013William F RuprechtCEOSell25,000$36.05$901,250.00View SEC Filing  
1/18/2013William F RuprechtCEOSell4,000$35.50$142,000.00View SEC Filing  
11/26/2012Holder Maarten TenDirectorSell3,000$29.55$88,650.00View SEC Filing  
9/10/2012William F RuprechtCEOSell1,156$36.00$41,616.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Sotheby's (NYSE:BID)
DateHeadline
investornewswire.com logoWhat Is The EPS Target Of Sotheby's (NYSE:BID)? - Investor Newswire (NYSE:BID)
www.investornewswire.com - September 30 at 8:08 AM
publicnow.com logoSothebys' to Offer Monumental Hockney Masterpiece (NYSE:BID)
www.publicnow.com - September 30 at 8:08 AM
News IconLatest Analyst Ratings For Sotheby's (NYSE:BID) - The De Soto Edge (NYSE:BID)
desotoedge.com - September 29 at 3:21 PM
capitalcube.com logoSotheby’s – Value Analysis (NYSE:BID) : September 29, 2016 (NYSE:BID)
www.capitalcube.com - September 29 at 3:21 PM
News IconShares Slipping Lower Over the Past Month: Sotheby's (NYSE:BID) - Post News (NYSE:BID)
www.kentuckypostnews.com - September 29 at 8:31 AM
publicnow.com logo'Duemila Ruote': RM Sotheby's Rounds Out 2016 Calendar with Thrilling Italian Collection of Hundreds Of Automobiles, Boats, Motorcycles, Bicycles and More--Entirely Without Reserve (NYSE:BID)
www.publicnow.com - September 28 at 3:38 PM
finance.yahoo.com logoBollinger Is Auctioning a Super-Rare, 102-Year-Old Bottle of Champagne (NYSE:BID)
finance.yahoo.com - September 28 at 8:39 AM
capitalcube.com logoSotheby’s breached its 50 day moving average in a Bearish Manner : BID-US : September 28, 2016 (NYSE:BID)
www.capitalcube.com - September 28 at 8:39 AM
realistinvestor.com logoSotheby's (NYSE:BID) Is Expected To Post EPS Of $1.5 - RealistInvestor.com (NYSE:BID)
www.realistinvestor.com - September 27 at 8:26 AM
forbes.com logoDavid Bowie's Art Collection Hits New York (NYSE:BID)
www.forbes.com - September 26 at 8:16 PM
reuters.com logoRPT-David Bowie's art collection arrives in NY ahead of November sale (NYSE:BID)
www.reuters.com - September 26 at 3:58 PM
News IconDisney working with adviser on possible Twitter bid: Bloomberg (NYSE:BID)
www.metro.us - September 26 at 3:58 PM
mysmartrend.com logoUptrend Call Working As Sotheby's Stock Rises 26.2% (BID) (NYSE:BID)
www.mysmartrend.com - September 26 at 3:58 PM
finance.yahoo.com logoDavid Bowie's art collection arrives in NY ahead of November sale (NYSE:BID)
finance.yahoo.com - September 26 at 3:58 PM
finance.yahoo.com logoSix Petrus ’98 Bottles May Fetch $15,470 at Sotheby’s Hong Kong (NYSE:BID)
finance.yahoo.com - September 25 at 3:36 PM
cnbc.com logoThe US luxury market slump isn't as bad as it looks. Here's why (NYSE:BID)
www.cnbc.com - September 25 at 3:36 PM
ft.com logo[$$] Private treasures of a public tastemaker (NYSE:BID)
www.ft.com - September 23 at 3:17 PM
wsj.com logoFormer Sotheby's Chief Bill Ruprecht Returns to the Art World - Wall Street Journal (NYSE:BID)
www.wsj.com - September 23 at 8:55 AM
publicnow.com logoContemporary Curated - Featuring Works by Leading Artists of the Post War and Contemporary Periods (NYSE:BID)
www.publicnow.com - September 23 at 8:55 AM
uk.finance.yahoo.com logoInvaluable Appoints William F. Ruprecht Chairman of Advisory Board (NYSE:BID)
uk.finance.yahoo.com - September 23 at 8:55 AM
fortune.com logoWhy Investors Are Watching Sotheby’s and the Art Market (NYSE:BID)
fortune.com - September 22 at 3:58 PM
wsj.com logo[$$] Former Sotheby's Chief Returns to Art World (NYSE:BID)
www.wsj.com - September 22 at 3:58 PM
investornewswire.com logoSotheby's (NYSE:BID)'s Expectation Of $791.7 In Sales - Investor Newswire (NYSE:BID)
www.investornewswire.com - September 22 at 8:03 AM
publicnow.com logo(English) Sotheby's to Present Age of Elegance Selling Exhibition During HK Autumn Sale Series (30 September-5 October) (NYSE:BID)
www.publicnow.com - September 22 at 8:03 AM
finance.yahoo.com logo5 Stocks to Buy on a Dovish Fed Stance (NYSE:BID)
finance.yahoo.com - September 21 at 3:16 PM
seekingalpha.com logoSotheby's updates on New York Asian Art Week sales - Seeking Alpha (NYSE:BID)
seekingalpha.com - September 19 at 4:12 PM
finance.yahoo.com logoSotheby's New York Asia Week Auctions Total $63.5 Million (NYSE:BID)
finance.yahoo.com - September 19 at 4:12 PM
News IconSothebys (BID) Director Sole Domenico De Acquires 6620 Shares - DailyQuint (NYSE:BID)
dailyquint.com - September 19 at 8:37 AM
publicnow.com logoTwo Momentous Graphic Works by Edvard Munch (NYSE:BID)
www.publicnow.com - September 19 at 8:37 AM
News IconInsider Buying: Sothebys (BID) Director Purchases 10000 Shares of Stock - DailyQuint (NYSE:BID)
dailyquint.com - September 17 at 8:39 AM
publicnow.com logoAsia Week Auctions Total $60.4 Million, All Sales Exceed High Estimates (NYSE:BID)
www.publicnow.com - September 15 at 8:46 PM
News IconAnalysts Valuations For Two Stocks: Sothebys (NYSE:BID), Amsurg Corp (NASDAQ:AMSG) - The Voice Registrar (NYSE:BID)
voiceregistrar.com - September 15 at 12:44 PM
investornewswire.com logoExpected For Sotheby's (NYSE:BID) Sales Of $791.7 - Investor Newswire (NYSE:BID)
www.investornewswire.com - September 14 at 9:02 PM
publicnow.com logoQianlong Dynasty Teapot Sells For $3.5 Million to Lead Sotheby's Important Chinese Art Auction (NYSE:BID)
www.publicnow.com - September 14 at 9:02 PM
publicnow.com logoIrish Art Sale Totals £1.8 Million (NYSE:BID)
www.publicnow.com - September 14 at 3:51 PM
publicnow.com logo(Traditional Chinese) Sotheby's Hong Kong Presents Modern and Contemporary Southeast Asian Art Autumn Sales 2016 (NYSE:BID)
www.publicnow.com - September 14 at 3:51 PM
publicnow.com logo(English) Sotheby's Hong Kong Presents Modern and Contemporary Southeast Asian Art Autumn Sales 2016 (NYSE:BID)
www.publicnow.com - September 14 at 3:51 PM
publicnow.com logo(Simplified Chinese) Sotheby's Hong Kong Presents Modern and Contemporary Southeast Asian Art Autumn Sales 2016 (NYSE:BID)
www.publicnow.com - September 14 at 3:51 PM
News IconShort Information Review for: Sotheby's (NYSE:BID) - Post News (NYSE:BID)
www.kentuckypostnews.com - September 14 at 5:52 AM
bloomberg.com logoLuxury-Home Sales in Vancouver Plunge on Foreign-Buyer Surcharge (NYSE:BID)
www.bloomberg.com - September 14 at 5:52 AM
investornewswire.com logoSotheby's (NYSE:BID) Estimated EPS At $1.5 - Investor Newswire (NYSE:BID)
www.investornewswire.com - September 13 at 5:04 PM
News IconWhat Wall Street is saying about Sothebys (NYSE:BID) - The Independent Republic (NYSE:BID)
theindependentrepublic.com - September 13 at 8:43 AM
publicnow.com logoSotheby's to Offer Exceptional Group of Prints by German Expressionist, Ernst Ludwig Kirchner (NYSE:BID)
www.publicnow.com - September 13 at 8:43 AM
News IconAkbar Padamsee's 'Greek Landscape' painting sells for record Rs 19 cr (NYSE:BID)
www.firstpost.com - September 12 at 3:46 PM
finance.yahoo.com logoFancy a drink? Bottle of cognac sells for $134,750 (NYSE:BID)
finance.yahoo.com - September 12 at 3:46 PM
nytimes.com logoAt Sotheby’s, the ‘100-Carat’ Man (NYSE:BID)
www.nytimes.com - September 12 at 3:46 PM
publicnow.com logoBLOCKBUSTER $5 MILLION WEEKEND AT SOTHEBY'S WINE (NYSE:BID)
www.publicnow.com - September 12 at 3:46 PM
wsj.com logoArt Auction Houses Want to Deal (NYSE:BID)
www.wsj.com - September 12 at 8:36 AM
stocksdaily.net logoSotheby's (NYSE:BID) CFF Stands At $25.72 Millions | Stocks Daily - Stocks Daily (NYSE:BID)
www.stocksdaily.net - September 11 at 3:42 PM
seekingalpha.com logoSotheby's reaches agreement with largest shareholder to find independent director (NYSE:BID)
seekingalpha.com - September 10 at 3:36 PM

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Sotheby's (NYSE:BID) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff