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: $40.53
  • 50 Day Moving Average: $32.999
  • 200 Day Moving Average: $28.454
  • Trailing P/E Ratio: 78.813
  • Foreward P/E Ratio: 17.73
  • P/E Growth: 1.210
  • Market Cap: $2.25B
  • Outstanding Shares: 55,134,000
  • Beta: 2.27
Additional Links:
Companies Related to Sotheby's:

Analyst Ratings

Consensus Ratings for Sotheby's (NYSE:BID) (?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $35.20 (13.70% downside)

Analysts' Ratings History for Sotheby's (NYSE:BID)
Show:
DateFirmActionRatingPrice TargetDetails
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
11/10/2015Cowen and CompanyReiterated RatingHoldView Rating Details
9/3/2015Williams CapitalLower Price TargetBuy$56.00 -> $49.00View Rating Details
(Data available from 8/23/2014 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: $2.24 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:$0.20
Dividend Yield:0.49%
Payout Ratio:29.41% (Based on Trailing 12 Months of Earnings)
8.93% (Based on Current Year Consensus EPS Estimate)
8.70% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-8.40% (3 Year Average)

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)
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
News Icon1986 AUDI SPORT QUATTRO POA (NYSE:BID)
showroom.windingroad.com - August 23 at 3:53 PM
publicnow.com logoBIDV Bond Issuance (NYSE:BID)
www.publicnow.com - August 23 at 3:53 PM
News IconShares Showing Gains in the Last Five Trading Sessions: Sotheby's (NYSE:BID) - Post News (NYSE:BID)
www.kentuckypostnews.com - August 23 at 5:13 AM
News IconShort Interest Surges as Sotheby’s Shares Top $40 (NYSE:BID)
www.artmarketmonitor.com - August 22 at 3:53 PM
News IconLe Mans-winning Jaguar D-Type sells for record $21.8 million in Monterey (NYSE:BID)
www.motorauthority.com - August 22 at 8:37 AM
mysmartrend.com logoSotheby's Has Returned 34.0% Since SmarTrend Recommendation (BID) (NYSE:BID)
www.mysmartrend.com - August 17 at 9:17 PM
News IconTop Earnings to Watch for: Sotheby's (NYSE:BID) - The Voice Registrar (NYSE:BID)
voiceregistrar.com - August 17 at 3:55 PM
News IconCohen’s Point72 Cut Sotheby’s Stake By Two Thirds (NYSE:BID)
www.artmarketmonitor.com - August 17 at 12:00 PM
News IconSteven Cohen’s Firm Slashes its Holdings in Sotheby’s by Two Thirds (NYSE:BID)
news.artnet.com - August 17 at 12:00 PM
insidermonkey.com logoSothebys (BID): Billionaire Daniel Loeb’s Third Point Bids On A Few Shares (NYSE:BID)
www.insidermonkey.com - August 17 at 12:00 PM
feeds.reuters.com logoBRIEF-Third Point Llc ups stake in Sotheby's to 12.1 pct as of Aug. 15 (NYSE:BID)
feeds.reuters.com - August 16 at 5:39 PM
finance.yahoo.com logoSOTHEBYS Financials (NYSE:BID)
finance.yahoo.com - August 16 at 3:54 PM
News IconSotheby's (NYSE:BID) To Report September 2016 Results - The Voice Registrar (NYSE:BID)
voiceregistrar.com - August 16 at 12:34 PM
News IconDevendra Fadnavis Goes Shopping, Buys Veggies For Rs 200 (NYSE:BID)
www.ndtv.com - August 14 at 3:46 PM
News IconWoman charged after fatal hit-run north of Bendigo, Victoria (NYSE:BID)
www.9news.com.au - August 14 at 3:46 PM
theglobeandmail.com logoLow income renters in Vancouver face difficult calculations (NYSE:BID)
www.theglobeandmail.com - August 14 at 3:46 PM
News IconHarry Potter Fans Stupefied By £6,200 Ticket Costs For Cursed Child Play (NYSE:BID)
news.sky.com - August 14 at 3:46 PM
News IconUrbancorp buyers watch as their new-home dreams get sold off (NYSE:BID)
www.thestar.com - August 14 at 3:46 PM
News IconRob Ford crack scandal: How the mayor’s staffer went looking for the crack video (NYSE:BID)
www.thestar.com - August 14 at 3:46 PM
huffingtonpost.com logoThe 5 Things About Clothing You Don't Need To Tell Older Women (NYSE:BID)
www.huffingtonpost.com - August 14 at 3:46 PM
huffingtonpost.com logoGo Ahead, Drink The Water! (NYSE:BID)
www.huffingtonpost.com - August 14 at 3:46 PM
reuters.com logoNational Guard activated after Milwaukee protests over suspect's death (NYSE:BID)
www.reuters.com - August 14 at 3:46 PM
News IconOnce in control of their party, conservatives agonize over the election and beyond (NYSE:BID)
www.washingtonpost.com - August 14 at 3:46 PM
News IconAnalysts Valuations For Two Stocks: Sothebys (NYSE:BID), Corrections Corp Of America (NYSE:CXW) - The Voice Registrar (NYSE:BID)
voiceregistrar.com - August 12 at 4:01 PM
capitalcube.com logoETF’s with exposure to Sotheby’s : August 12, 2016 (NYSE:BID)
www.capitalcube.com - August 12 at 4:01 PM
seekingalpha.com logoSotheby's: Positive Prospects From Asian Sales Surge (NYSE:BID)
seekingalpha.com - August 12 at 12:28 PM
News IconWhat Analyst's Think about Sothebys (NYSE:BID) - The Voice Registrar (NYSE:BID)
voiceregistrar.com - August 11 at 3:54 PM
News IconSotheby's bids on digital transformation - Diginomica (NYSE:BID)
diginomica.com - August 11 at 11:59 AM
capitalcube.com logoSotheby’s :BID-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:BID)
www.capitalcube.com - August 11 at 11:59 AM
seekingalpha.com logoSotheby's: Positive Prospects From Asian Sales Surge - Seeking Alpha (NYSE:BID)
seekingalpha.com - August 10 at 9:17 PM
publicnow.com logoHenry Hudson Sun City Tanning - Sotheby's S|2 New York (NYSE:BID)
www.publicnow.com - August 10 at 9:17 PM
News IconAnalyst Recommendation Worth Stating Today: Sothebys (NYSE:BID) - The Voice Registrar (NYSE:BID)
voiceregistrar.com - August 10 at 3:17 PM
News IconWhat do analysts suggest for: Sotheby's (NYSE:BID) - News Oracle (NYSE:BID)
www.newsoracle.com - August 9 at 10:27 PM
equities.com logoSotheby's (BID) Jumps 13.04% on August 08 | Equities.com - Equities.com (NYSE:BID)
www.equities.com - August 9 at 10:27 PM
investopedia.com logoAsian Art Buyers Buoy Sotheby's (BID) - Investopedia (NYSE:BID)
www.investopedia.com - August 9 at 10:27 PM
investopedia.com logoAsian Art Buyers Buoy Sotheby's (BID) (NYSE:BID)
www.investopedia.com - August 9 at 4:58 PM
globenewswire.com logoSotheby’s Reports Second Quarter 2016 Financial Results (NYSE:BID)
globenewswire.com - August 9 at 12:44 PM
rttnews.com logoSotheby's (BID) Leaped To An 11-Month High After Q2 Earnings Topped Expectations (NYSE:BID)
www.rttnews.com - August 9 at 12:44 PM
investorplace.com logoSotheby’s (BID) Stock Soars on Earnings Beat (NYSE:BID)
investorplace.com - August 9 at 12:43 PM
investors.com logoSotheby's: 'Paradox' In Fine Arts Market Hitting Sales (NYSE:BID)
www.investors.com - August 9 at 12:43 PM
seekingalpha.com logoSotheby's beats by $0.46, beats on revenue - Seeking Alpha (NYSE:BID)
seekingalpha.com - August 8 at 9:15 PM
rttnews.com logoSotheby's (BID) Has Surged To A 10-Month High After Q2 Profit Beat - RTT News (NYSE:BID)
www.rttnews.com - August 8 at 9:15 PM
globenewswire.com logoSotheby's Reports Second Quarter 2016 Financial Results - GlobeNewswire (press release) (NYSE:BID)
globenewswire.com - August 8 at 9:15 PM
wsj.com logo[$$] Sotheby’s Quarterly Results Top Expectations (NYSE:BID)
www.wsj.com - August 8 at 9:15 PM
finance.yahoo.com logoEdited Transcript of BID earnings conference call or presentation 8-Aug-16 1:00pm GMT (NYSE:BID)
finance.yahoo.com - August 8 at 9:15 PM
thestreet.com logoTrade-Ideas: Sothebys (BID) Is Today's "Barbarian At The Gate" Stock - TheStreet.com (NYSE:BID)
www.thestreet.com - August 8 at 3:52 PM
fool.com logoSotheby's Earnings Bid Higher Despite a Slumping Art Market - Motley Fool (NYSE:BID)
www.fool.com - August 8 at 3:52 PM
finance.yahoo.com logoSotheby's Shares Are Surging and That's Great News for Emerging Market Stocks (NYSE:BID)
finance.yahoo.com - August 8 at 3:52 PM
insidermonkey.com logoHere’s Why These Five Stocks Are on Investors’ Radars on Monday (NYSE:BID)
www.insidermonkey.com - August 8 at 3:52 PM
blogs.barrons.com logoWhy Sotheby's is Soaring (NYSE:BID)
blogs.barrons.com - August 8 at 3:52 PM

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Sotheby's (NYSE:BID) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff