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: $41.20
  • 50 Day Moving Average: $39.91
  • 200 Day Moving Average: $38.20
  • 52-Week Range: $52,967,000.00 - $20.62
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.89
  • P/E Growth: 1.75
  • Market Cap: $2.17B
  • Outstanding Shares: 52,967,000
  • Beta: 1.96
Profitability:
  • Net Margins: -0.31%
  • Return on Equity: 16.53%
  • Return on Assets: 3.82%
Debt:
  • Debt-to-Equity Ratio: 2.24%
  • Current Ratio: 1.96%
  • Quick Ratio: 1.67%
Additional Links:
Companies Related to Sotheby's:

Analyst Ratings

Consensus Ratings for Sotheby's (NYSE:BID) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $40.33 (1.60% downside)

Analysts' Ratings History for Sotheby's (NYSE:BID)
Show:
DateFirmActionRatingPrice TargetDetails
12/29/2016SidotiInitiated CoverageBuyView Rating Details
12/16/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$38.00 -> $45.00View 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. (The)Lower Price TargetNeutral$29.00 -> $25.00View Rating Details
9/3/2015Williams CapitalLower Price TargetBuy$56.00 -> $49.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Sotheby's (NYSE:BID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
11/7/2016Q316($0.62)($0.78)$82.90 million$91.49 millionViewListenView Earnings Details
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: $1.57 EPS
Next Year EPS Consensus Estimate: $2.17 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
Q1 20171($0.39)($0.39)($0.39)
Q2 20171$1.46$1.46$1.46
Q3 20171($0.41)($0.41)($0.41)
Q4 20171$1.33$1.33$1.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sotheby's (NYSE:BID)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (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: 88.23%
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 logoPer-Share Earnings Of Sotheby's (NYSE:BID) At $1.33? - Investor Newswire (NYSE:BID)
www.investornewswire.com - February 18 at 3:48 PM
News IconDividend Growth of Sothebys(BID) - Morning Outlook (NYSE:BID)
www.morningoutlook.com - February 18 at 3:48 PM
theglobeandmail.com logoOntario isn’t moving fast enough to track foreign buyers: observers (NYSE:BID)
www.theglobeandmail.com - February 17 at 6:13 PM
News IconMarcato Cuts Its Sotheby’s Stake in Half (NYSE:BID)
www.artmarketmonitor.com - February 17 at 6:13 PM
News IconThe New Collector’s Guide to Discovering Your Taste in Art (NYSE:BID)
www.artsy.net - February 16 at 9:02 PM
News IconThe New Collector’s Guide to Discovering Your Taste in Art (NYSE:BID)
www.artsy.net - February 16 at 9:02 PM
News IconCollectible car auction: Porsche reved up their engine at Place Vauban in Paris, France (NYSE:BID)
www.luxuo.com - February 16 at 3:59 PM
News IconSADIF Analytics releases new summary due diligence report for Sotheby's ($BID). (NYSE:BID)
reports.pr-inside.com - February 16 at 5:31 AM
realistinvestor.com logoSotheby's (NYSE:BID) EPS Projection At $1.33 - RealistInvestor.com (NYSE:BID)
www.realistinvestor.com - February 14 at 4:29 PM
globenewswire.com logoSotheby's Fourth Quarter 2016 Earnings Conference Call Invitation - GlobeNewswire (press release) (NYSE:BID)
globenewswire.com - February 14 at 4:29 PM
News IconStock Spotlight: Looking at the Levels for Sotheby's (NYSE:BID) - Midway Monitor (NYSE:BID)
midwaymonitor.com - February 14 at 4:29 PM
News IconPre-sale guarantees set to create new high for Sotheby's Impressionist and Modern art sales (NYSE:BID)
www.telegraph.co.uk - February 14 at 2:29 AM
finance.yahoo.com logoSotheby’s Fourth Quarter 2016 Earnings Conference Call Invitation (NYSE:BID)
finance.yahoo.com - February 13 at 4:25 PM
finance.yahoo.com logoMcGuire: UGG not a 'flash in the pan' product (NYSE:BID)
finance.yahoo.com - February 13 at 4:25 PM
us.rd.yahoo.com logo[$$] Auction sales slip but private sales strong (NYSE:BID)
us.rd.yahoo.com - February 12 at 3:54 PM
finance.yahoo.com logoArtwork on sex, passion and sensuality up for sale at Sotheby's (NYSE:BID)
finance.yahoo.com - February 10 at 8:26 PM
wsj.com logo[$$] Sotheby's Offers a Klimt for $45 Million (NYSE:BID)
www.wsj.com - February 10 at 8:26 PM
marketwatch.com logoArt market’s slump got worse in 2016 (NYSE:BID)
www.marketwatch.com - February 9 at 4:05 PM
News IconThis Porsche 959 Sport Just Sold At Auction For Over 2 Million Dollars (NYSE:BID)
www.thedrive.com - February 9 at 2:08 AM
huffingtonpost.com logoHow to Minimize Risks and Maximize Returns in Art Investments (NYSE:BID)
www.huffingtonpost.com - February 8 at 4:04 PM
News IconStock Watch on Shares of Sotheby's (NYSE:BID) - The Standard (NYSE:BID)
6milestandard.com - February 7 at 4:53 PM
ft.com logo[$$] Sotheby's heads to court in dispute over 'fake' Old Master (NYSE:BID)
www.ft.com - February 7 at 4:53 PM
realistinvestor.com logoSotheby's (NYSE:BID) Is Expected To Post EPS Of $1.33 - RealistInvestor.com (NYSE:BID)
www.realistinvestor.com - February 6 at 3:56 PM
News IconThe Volkswagen Bug becomes an unlikely auction hero (NYSE:BID)
newatlas.com - February 6 at 1:56 AM
News IconTOP LOTS IN ASIAN CULTURAL COUNCIL AUCTION (NYSE:BID)
lifestyle.inquirer.net - February 5 at 3:54 PM
News IconLife’s Work: Christopher Mason, sculpture specialist, Sotheby’s, London (NYSE:BID)
www.irishtimes.com - February 4 at 2:07 AM
News IconSotheby’s Promotes Lord Harry Dalmeny to UK Chairman (NYSE:BID)
news.artnet.com - February 3 at 4:03 PM
News IconNoteworthy Thursday Option Activity: BID, FEYE, V (NYSE:BID)
www.stockoptionschannel.com - February 3 at 2:06 AM
us.rd.yahoo.com logoLord Harry Dalmeny Appointed Chairman Of Sotheby's In The United Kingdom (NYSE:BID)
us.rd.yahoo.com - February 3 at 2:06 AM
us.rd.yahoo.com logoHow to Live Like Royalty in Four European Countries (NYSE:BID)
us.rd.yahoo.com - February 3 at 2:06 AM
News IconShares of Sothebys (BID) Sees Large Inflow of Net Money Flow - Morning Outlook (NYSE:BID)
www.morningoutlook.com - February 2 at 4:02 PM
streetinsider.com logoSotheby's (BID) Names Adam Chinn as COO - StreetInsider.com - StreetInsider.com (NYSE:BID)
www.streetinsider.com - February 2 at 4:02 PM
News IconFrom elitism to engaging, how the art industry is evolving in the digital age (NYSE:BID)
www.artinliverpool.com - February 1 at 9:18 PM
News IconSotheby's Expands Private Sales Business - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video (NYSE:BID)
www.ktvn.com - February 1 at 9:18 PM
seekingalpha.com logoSotheby's looks to JPMorgan vet to lift private sales business (NYSE:BID)
seekingalpha.com - February 1 at 9:18 PM
streetinsider.com logoSotheby's (BID) Names Adam Chinn as COO (NYSE:BID)
www.streetinsider.com - February 1 at 9:18 PM
finance.yahoo.com logoAdam Chinn Appointed Chief Operating Officer Of Sotheby's (NYSE:BID)
finance.yahoo.com - February 1 at 9:18 PM
finance.yahoo.com logo5:11 pm Sotheby's appoints Adam Chinn to the role of Chief Operating Officer (NYSE:BID)
finance.yahoo.com - February 1 at 9:18 PM
finance.yahoo.com logoSotheby's Expands Private Sales Business (NYSE:BID)
finance.yahoo.com - February 1 at 4:09 PM
capitalcube.com logoSotheby’s – Value Analysis (NYSE:BID) : February 1, 2017 (NYSE:BID)
www.capitalcube.com - February 1 at 4:09 PM
News IconVolatility Watch on Shares of Sotheby's (NYSE:BID) - The Tribune (NYSE:BID)
lakecitytribune.com - January 31 at 4:11 PM
capitalcube.com logoSotheby’s breached its 50 day moving average in a Bearish Manner : BID-US : January 31, 2017 (NYSE:BID)
www.capitalcube.com - January 31 at 4:11 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Sotheby's (NYSE:BID)? - Wall Street Beacon (NYSE:BID)
wsbeacon.com - January 30 at 8:47 PM
News IconSocialite’s Bid for Husband’s $25 Million Art Collection Denied (NYSE:BID)
news.artnet.com - January 30 at 3:45 PM
News IconLouise Bourgeois and Yayoi Kusama united in Sotheby’s exhibition (NYSE:BID)
theartnewspaper.com - January 30 at 3:45 PM
News IconTraders Are Bullish Sothebys (BID) After The Stock Formed Multiple Top (NYSE:BID)
randolphguide.com - January 30 at 3:45 PM
4-traders.com logoSothebys : Sotheby's 2017 Masters Week Sales in New York Total $41.9 Million (NYSE:BID)
www.4-traders.com - January 28 at 2:12 AM
marketwatch.com logoSotheby's annual Americana Week auction generates most sales ... - MarketWatch (NYSE:BID)
www.marketwatch.com - January 27 at 3:56 PM
News IconAre Analysts Predicting a Near-Term Upswing For Sotheby's (NYSE:BID)? - Wall Street Beacon (NYSE:BID)
wsbeacon.com - January 27 at 3:56 PM
finance.yahoo.com logoSotheby's 2017 Americana Week Sales Bring Highest Total In A Decade (NYSE:BID)
finance.yahoo.com - January 27 at 3:56 PM

Social

What is Sotheby's' stock symbol?

Sotheby's trades on the New York Stock Exchange (NYSE) under the ticker symbol "BID."

Where is Sotheby's' stock going? Where will Sotheby's' stock price be in 2017?

5 brokers have issued 12 month price targets for Sotheby's' shares. Their predictions range from $22.00 to $54.00. On average, they expect Sotheby's' share price to reach $40.33 in the next twelve months.

When will Sotheby's announce their earnings?

Sotheby's is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Sotheby's stock?

Sotheby's' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vulcan Value Partners LLC (3.79%), Dimensional Fund Advisors LP (3.03%), State Street Corp (2.89%), Pinnacle Associates Ltd. (1.40%), Royce & Associates LP (0.58%) and Renaissance Technologies LLC (0.31%). Company insiders that own Sotheby's stock include David Ulmer, Dennis M Weibling, John M Angelo, Jonathan Olsoff, Kevin Ching, Kevin M Delaney, Michael F Goss, Olivier Reza, Sole Domenico De and William F Ruprecht.

Who sold Sotheby's stock? Who is selling Sotheby's stock?

Sotheby's' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, State Street Corp, Carleon Capital Partners LLC, Dimensional Fund Advisors LP, Pinnacle Associates Ltd., State Board of Administration of Florida Retirement System, Ellington Management Group LLC and Metropolitan Life Insurance Co. NY.

Who bought Sotheby's stock? Who is buying Sotheby's stock?

Sotheby's' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Guggenheim Capital LLC, Impala Asset Management LLC, A.R.T. Advisors LLC, Trexquant Investment LP, Vulcan Value Partners LLC, Capstone Investment Advisors LLC and Keybank National Association OH. Company insiders that have bought Sotheby's stock in the last two years include Dennis M Weibling, John M Angelo, Jonathan Olsoff, Michael F Goss, Olivier Reza and Sole Domenico De.

How do I buy Sotheby's stock?

Shares of Sotheby's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sotheby's stock cost?

One share of Sotheby's stock can currently be purchased for approximately $40.99.

Sotheby's (NYSE:BID) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sotheby`s (NYSE:BID)

Earnings History Chart

Earnings by Quarter for Sotheby`s (NYSE:BID)

Dividend History Chart

Dividend Payments by Quarter for Sotheby`s (NYSE:BID)

Last Updated on 2/20/2017 by MarketBeat.com Staff