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: $36.17
  • 50 Day Moving Average: $37.29
  • 200 Day Moving Average: $32.70
  • 52-Week Range: $18.86 - $41.23
  • Trailing P/E Ratio: 70.35
  • Foreward P/E Ratio: 15.84
  • P/E Growth: 1.14
  • Market Cap: $2.01B
  • Outstanding Shares: 55,134,000
  • Beta: 2.15
  • Net Margins: 3.87%
  • Return on Equity: 18.52%
  • Return on Assets: 4.69%
  • 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 (21.10% downside)

Analysts' Ratings History for Sotheby's (NYSE:BID)
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 10/27/2014 forward)


Earnings History for Sotheby's (NYSE:BID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Sotheby's (NYSE:BID)
Current Year EPS Consensus Estimate: $2.24 EPS
Next Year EPS Consensus Estimate: $2.3 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)


Current Dividend Information for Sotheby's (NYSE:BID)
Annual Dividend:$0.10
Dividend Yield:0.27%
Dividend Growth:-8.40% (3 Year Average)
Payout Ratio:14.71% (Based on Trailing 12 Months of Earnings)
4.46% (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
(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)


Latest Headlines for Sotheby's (NYSE:BID)
News IconStock Worth Mentioning Today: Institutional Investors Lead Shift in Sothebys (NYSE:BID) Sentiment - Post News (NYSE:BID) - October 26 at 3:52 PM logoPaul Allen Said to Be Seller of $35 Million Richter Jet Painting (NYSE:BID) - October 25 at 9:04 PM logoSotheby's Third Quarter 2016 Earnings Conference Call Invitation - GlobeNewswire (press release) (NYSE:BID) - October 24 at 3:49 PM logoCheck out this $23 million estate a famous tech baron and wine collector just put up for sale (NYSE:BID) - October 24 at 10:30 AM logoOnline art auctions give buyers a world of opportunities—and risks (NYSE:BID) - October 24 at 8:47 AM logoWhat You Need to Know About Online Art Auctions (NYSE:BID) - October 24 at 8:47 AM logoCash dividend of 2015 (NYSE:BID) - October 24 at 8:47 AM logoBeautiful Art Bargains: “Second-Tier” Old Masters - Barron's - Barron's (NYSE:BID) - October 22 at 3:45 PM
News IconAnaheim collector to auction 327 rare – and very pricey – books (NYSE:BID) - October 22 at 8:07 AM
News IconSotheby’s Unveils Munch’s $50m Girls on the Bridge for November Sale (NYSE:BID) - October 22 at 8:07 AM logoEdvard Munch's Seminal Girls on the Bridge to Lead Sotheby's November Sales of Impressionist & Modern Art (NYSE:BID) - October 21 at 3:51 PM logo[$$] The Art Market: Antiquity trade under pressure (NYSE:BID) - October 21 at 12:06 PM logoEdvard Munch’s ‘Girls’ May Fetch $50 Million at Sotheby’s Sale (NYSE:BID) - October 21 at 12:06 PM logoChâteau La Mission Haut-Brion (NYSE:BID) - October 20 at 9:44 AM logoSales Estimate For Sotheby's (NYSE:BID) At $791.7 - Investor Newswire (NYSE:BID) - October 19 at 4:41 PM
News IconUBS Asset Management Americas Inc. Boosts Stake in Sotheby's (BID) - DailyQuint (NYSE:BID) - October 19 at 4:41 PM
News IconMasterworks on View at Sotheby's (NYSE:BID) - October 19 at 8:44 AM
News IconSotheby’s raises buyer’s premium in bid to ‘offset margin pressure’ (NYSE:BID) - October 19 at 8:44 AM logoSothebys : Christie’s and Sotheby’s make a bid to boost Middle East art (NYSE:BID) - October 19 at 8:44 AM logoModern and Contemporary South Asian Art brings over £4 million at Sotheby's London (NYSE:BID) - October 19 at 8:44 AM
News IconSotheby's raises buyer's premium in bid to 'offset margin pressure' - Art Newspaper (NYSE:BID) - October 18 at 3:48 PM logoSotheby's (NYSE:BID) Is Expected To Post EPS Of $1.5 - (NYSE:BID) - October 18 at 8:40 AM
News IconChristie's and Sotheby's make a bid to boost Middle East art - The National (NYSE:BID) - October 18 at 8:40 AM logoAuction Houses Told to Improve Transparency in Reporting Prices (NYSE:BID) - October 18 at 8:40 AM
News IconSotheby’s increases buyer’s premium (NYSE:BID) - October 17 at 3:47 PM
News IconHow Much Is A Nobel Prize Medal Worth? - NPR (NYSE:BID) - October 16 at 6:28 PM
News IconHow Much Is A Nobel Prize Medal Worth? (NYSE:BID) - October 16 at 3:46 PM
News IconTop 5 Companies in the Specialized Consumer Services Industry With the Highest Dividend Yield (STON, CLCT, HRB, SCI, BID) (NYSE:BID) - October 16 at 8:35 AM
News IconUpdate on Sotheby’s (NYSE:BID) for the day (NYSE:BID) - October 16 at 8:35 AM logoPetrus ’90 Leads Sotheby’s Wine Sale to Beat House High Estimate (NYSE:BID) - October 15 at 8:38 AM logoInsiders Dish on the Art Market (NYSE:BID) - October 14 at 12:18 PM logo[$$] New old masters reshape the contemporary art market (NYSE:BID) - October 14 at 12:18 PM logo[$$] The Art Market: Cautiously optimistic? (NYSE:BID) - October 14 at 12:18 PM
News IconSotheby's (BID) Stake Held by New York State Teachers Retirement System - DailyQuint (NYSE:BID) - October 13 at 3:44 PM logo(English) Two Superb Jewels of Imperial Russian Heritage at Sotheby's Geneva (16 November 2016) (NYSE:BID) - October 13 at 11:32 AM
News IconShort Interest Coverage: Is Buying Sothebys (NYSE:BID), Having Higher Short Interest a Winning Strategy? - Post News (NYSE:BID) - October 12 at 9:11 PM logo10 ultra-rare classic cars go under the hammer at RM Sotheby’s auction (NYSE:BID) - October 12 at 4:02 PM logoSotheby's to Present Selections from the Fox Pointe Manor Library (NYSE:BID) - October 12 at 4:02 PM logoSotheby's Appoints Gaurav Bhatia as Managing Director of Sotheby's India (NYSE:BID) - October 12 at 8:14 AM logoSotheby’s Unveils $25 Million Eight-Carat Blue Diamond (NYSE:BID) - October 12 at 8:14 AM logoBlue is the color: Diamond ring could fetch $25 million (NYSE:BID) - October 11 at 3:54 PM logoSotheby's to Offer the First Chinese Imperial Firearm Ever to Appear at Auction (NYSE:BID) - October 10 at 8:35 AM
News IconSotheby's (NYSE:BID) Updated Broker Price Targets - The De Soto Edge (NYSE:BID) - October 9 at 8:33 AM logoActivist Elliott Associates Focuses on Mentor Graphics - Barron's - Barron's (NYSE:BID) - October 8 at 8:36 AM logoComeback Kid Basquiat’s Canvas Boosts $229 Million U.K. Auctions (NYSE:BID) - October 8 at 8:36 AM
News IconOwnership Action Don't Lie: Sothebys (NYSE:BID) Institutional Investor Sentiment Trend - Post News (NYSE:BID) - October 7 at 3:48 PM logoSotheby's NY to Offer The Bible Collection of Dr. Charles Caldwell Ryrie (NYSE:BID) - October 7 at 8:41 AM logoFake Old Master Sold for $10 Million Rocks Art Market (NYSE:BID) - October 7 at 8:41 AM logo[$$] An eye for the real thing (NYSE:BID) - October 7 at 8:41 AM logoMcGuire on slashing Sotheby's stake (NYSE:BID) - October 6 at 3:48 PM


Sotheby's (NYSE:BID) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by Staff