Sothebys Company Profile (NYSE:BID)

About Sothebys (NYSE:BID)

Sothebys logoSotheby's is a global art business company. The Company is engaged in offering its clients opportunities to connect with and transact in a range of objects. The Company offers a range of art-related services, including the brokerage of private art sales, private jewelry sales through Sotheby's Diamonds, private selling exhibitions at its galleries, art-related financing, and art advisory services, as well as retail wine locations in New York and Hong Kong. The Company operates through two segments: Agency and Finance. The Agency segment matches 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. The Finance segment is engaged in art-related financing activities by making loans that are secured by works of art. The Company's advisory services are classified within All Other segment.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Specialty Retail, Other
  • Sub-Industry: Specialized Consumer Services
  • Symbol: NYSE:BID
  • CUSIP: 83589810
  • Web:
  • Market Cap: $2.79 billion
  • Outstanding Shares: 52,671,000
Average Prices:
  • 50 Day Moving Avg: $48.09
  • 200 Day Moving Avg: $43.16
  • 52 Week Range: $25.88 - $53.68
  • Trailing P/E Ratio: 33.27
  • Foreward P/E Ratio: 21.47
  • P/E Growth: 1.71
Sales & Book Value:
  • Annual Revenue: $886.38 million
  • Price / Sales: 3.15
  • Book Value: $9.18 per share
  • Price / Book: 5.78
  • EBIDTA: $197.24 million
  • Net Margins: -0.31%
  • Return on Equity: 16.53%
  • Return on Assets: 3.82%
  • Debt-to-Equity Ratio: 2.24%
  • Current Ratio: 1.96%
  • Quick Ratio: 1.67%
  • Average Volume: 654,583 shs.
  • Beta: 1.96
  • Short Ratio: 10.13

Frequently Asked Questions for Sothebys (NYSE:BID)

What is Sothebys' stock symbol?

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

How were Sothebys' earnings last quarter?

Sothebys (NYSE:BID) announced its quarterly earnings results on Wednesday, May, 10th. The company reported ($0.21) earnings per share for the quarter, beating analysts' consensus estimates of ($0.38) by $0.17. The firm earned $187.50 million during the quarter, compared to analysts' expectations of $111.66 million. Sothebys had a negative net margin of 0.31% and a positive return on equity of 16.53%. Sothebys's quarterly revenue was up 76.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.35) earnings per share. View Sothebys' Earnings History.

Where is Sothebys' stock going? Where will Sothebys' stock price be in 2017?

2 brokers have issued twelve-month price targets for Sothebys' stock. Their predictions range from $54.00 to $56.00. On average, they anticipate Sothebys' share price to reach $55.00 in the next twelve months. View Analyst Ratings for Sothebys.

What are analysts saying about Sothebys stock?

Here are some recent quotes from research analysts about Sothebys stock:

  • 1. According to Zacks Investment Research, "Sotheby's Holdings, Inc. is one of the world's second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sotheby's Holdings, Inc is the parent company of Sotheby's worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore. " (5/10/2017)
  • 2. Cowen and Company analysts commented, "Cowen's London Chairman & CFO Meetings. We like BID's focus on execution of core competencies combined w/ thoughtful pursuit of new adjacent endeavors. Biggest drivers: digital innovation, enhanced risk & strategic mgmt. w/ respect to asset gathering/ROIC discipline. Meanwhile, talent & new big data/authenticity capabilities should drive differentiation & modernization. Raise PT to $56 (was $53)." (3/16/2017)

Who are some of Sothebys' key competitors?

Who owns Sothebys stock?

Sothebys' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.14%), Vanguard Group Inc. (6.83%), Alliancebernstein L.P. (6.24%), State Street Corp (2.89%), Van Berkom & Associates Inc. (2.73%) and Dimensional Fund Advisors LP (2.68%). Company insiders that own Sothebys stock include Adam Chinn, David Ulmer, Dennis M Weibling, John M Angelo, Jonathan Olsoff, Kevin Ching, Kevin M Delaney, Michael F Goss, Olivier Reza and Sole Domenico De. View Institutional Ownership Trends for Sothebys.

Who sold Sothebys stock? Who is selling Sothebys stock?

Sothebys' stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Dimensional Fund Advisors LP, JPMorgan Chase & Co., Canada Pension Plan Investment Board, Credit Suisse AG, Ariel Investments LLC, Pinnacle Associates Ltd. and Morgan Stanley. View Insider Buying and Selling for Sothebys.

Who bought Sothebys stock? Who is buying Sothebys stock?

Sothebys' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Alliancebernstein L.P., Cortina Asset Management LLC, Clal Insurance Enterprises Holdings Ltd, RWC Asset Management LLP, Renaissance Technologies LLC, Columbus Circle Investors and Van Berkom & Associates Inc.. Company insiders that have bought Sothebys stock in the last two years include Adam Chinn, Dennis M Weibling, John M Angelo, Jonathan Olsoff, Michael F Goss, Olivier Reza and Sole Domenico De. View Insider Buying and Selling for Sothebys.

How do I buy Sothebys stock?

Shares of Sothebys 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 Sothebys stock cost?

One share of Sothebys stock can currently be purchased for approximately $53.03.

Analyst Ratings

Consensus Ratings for Sothebys (NYSE:BID) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $55.00 (3.71% upside)

Analysts' Ratings History for Sothebys (NYSE:BID)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/16/2017Cowen and CompanyBoost Price TargetOutperform$53.00 -> $56.00LowView Rating Details
12/29/2016SidotiInitiated CoverageBuyN/AView Rating Details
4/14/2016Standpoint ResearchDowngradeBuy -> HoldN/AView Rating Details
2/29/2016Craig HallumLower Price TargetHold$26.00 -> $22.00N/AView Rating Details
2/26/2016Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
2/11/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
1/21/2016Goldman Sachs Group IncLower Price TargetNeutral$29.00 -> $25.00N/AView Rating Details
9/3/2015Williams CapitalLower Price TargetBuy$56.00 -> $49.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Sothebys (NYSE:BID)
Earnings by Quarter for Sothebys (NYSE:BID)
Earnings History by Quarter for Sothebys (NYSE:BID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 17($0.38)($0.21)$111.66 million$187.50 millionViewN/AView Earnings Details
2/27/2017Q416$1.17$1.35$277.28 million$308.69 millionViewListenView Earnings Details
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)($0.30)$92.73 million$94.20 millionViewN/AView Earnings Details
8/8/2014Q214$1.44$1.26$345.63 million$335.82 millionViewN/AView Earnings Details
5/7/2014Q114($0.08)($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 Sothebys (NYSE:BID)
2017 EPS Consensus Estimate: $1.99
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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)


Current Dividend Information for Sothebys (NYSE:BID)
Most Recent Dividend:12/15/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sothebys (NYSE:BID)

Dividend History by Quarter for Sothebys (NYSE:BID)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sothebys (NYSE:BID)
Insider Ownership Percentage: 11.98%
Institutional Ownership Percentage: 88.23%
Insider Trades by Quarter for Sothebys (NYSE:BID)
Institutional Ownership by Quarter for Sothebys (NYSE:BID)
Insider Trades by Quarter for Sothebys (NYSE:BID)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Adam ChinnCOOBuy2,425$46.60$113,005.00View SEC Filing  
3/7/2017Kevin M DelaneySVPSell1,806$48.04$86,760.24View SEC Filing  
3/6/2017Olivier RezaDirectorBuy10,000$48.04$480,400.00View SEC Filing  
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)


Headline Trends for Sothebys (NYSE:BID)
Latest Headlines for Sothebys (NYSE:BID)
DateHeadline logoBag containing moon dust from Apollo 11 expected to sell for millions at auction - May 24 at 3:51 PM logoSotheby's updates on good week of auctions - May 23 at 3:58 PM logoOne Week Of Sales Totals $816 Million At Sotheby's Worldwide - May 22 at 3:53 PM logoSeven Takeaways From Geneva's $63 Million Watch Auctions - May 22 at 3:53 PM logoSotheby's shares jump after record $110.5 million painting sale - May 21 at 11:31 AM logoSotheby's shares jump after record $110.5 million painting sale - May 19 at 12:48 PM logoBasquiat Portrait Soars to Record $110 Million at Sotheby's - May 19 at 9:11 AM logoBasquiat canvas soars to record $110.5 million at Sotheby's auction - May 19 at 9:11 AM logoA pair of diamond earrings sell for $57.4 million at auction, setting record - May 18 at 11:43 AM logoStar lot withdrawn at Sotheby's, a Malevich fetches $21 mln at N.Y. auction - May 18 at 11:43 AM logoSotheby's sells earrings for record $57M - May 17 at 12:01 PM logoWorld's Most Expensive Earrings Fetch $57 Million at Sotheby's - May 17 at 12:01 PM logoThree Billionaires Are Parting With Trophy Artworks This Week - May 17 at 12:01 PM logoSotheby's Sets Record For Most Expensive Earrings - May 17 at 12:01 PM logoSotheby's Geneva Sale Of Magnificent Jewels & Noble Jewels Achieves $151.5 Million, Above Expectations - May 17 at 12:01 PM logoWho Gets to Pay $57.4 Million? Inside Art Auction Bidding Wars - May 16 at 8:59 PM logoThis Pair of Diamond Earrings May Be the Most Expensive in the World - May 16 at 8:59 PM logo[$$] Sotheby’s Propels Auction Week - May 16 at 8:59 PM logoETFs with exposure to Sotheby’s : May 16, 2017 - May 16 at 3:59 PM logoAmazon at 20: Is Any Retailer Safe? - May 16 at 12:38 PM logoBlue and pink diamond earrings could become most expensive ever at auction - May 16 at 12:38 PM logoSotheby’s :BID-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017 - May 15 at 4:03 PM logoPhillips CEO 'Confident' in Spring Auction's Success - May 15 at 9:04 AM logo[$$] Recovering Art Market Attracts Trophy Works - May 15 at 9:04 AM logoSotheby's, Christie's, Phillips Set for Billion Dollar Week - May 15 at 9:04 AM logoTheStreet Lowers Sothebys (BID) to C - May 15 at 12:02 AM logoSotheby's Declines to Sell Patek Caliber 89: Bids Fail To Reach 6.5-million Swiss Franc Estimate - May 14 at 4:01 PM logo[$$] Tefaf takes on Frieze in Manhattan - May 13 at 2:28 AM logoSotheby's (BID) CEO Thomas Smith on Q1 2017 Results - Earnings Call Transcript - May 12 at 4:27 PM logoInsiders Were Right: BID Makes New 52-Week High - May 11 at 4:29 PM logoHere's why the art market could soar - May 11 at 2:08 AM logoEdited Transcript of BID earnings conference call or presentation 10-May-17 1:00pm GMT - May 11 at 2:08 AM logoSotheby's (BID) Tops Q1 EPS by 17c, Sales Miss in Quiet Qtr - May 10 at 9:08 PM logoZacks Investment Research Downgrades Sothebys (BID) to Sell - May 10 at 5:22 PM logoHere's why the art market could soar - May 10 at 4:06 PM logoSotheby's Moves Forward as Inventory Sales Skyrocket - May 10 at 4:06 PM logoSothebys (BID) Announces Earnings Results - May 10 at 1:30 PM logoSibling Rivalry Erupts Into $160 Million Art Auction Showdown - May 10 at 8:49 AM logoEARNINGS SUMMARY: Details of Sotheby's Q1 Earnings Report - May 10 at 8:49 AM logoSotheby's reports 1Q loss - May 10 at 8:49 AM logoSotheby's beats by $0.17 - May 10 at 8:48 AM logoSotheby's sales miss estimates - May 10 at 8:48 AM logoSotheby’s Reports First Quarter 2017 Financial Results - May 10 at 8:48 AM logoSotheby's sales beat estimates - May 10 at 8:48 AM logo[$$] Turner and Monet paintings on display ahead of auction - May 7 at 4:07 PM logoTechnical Roundup on Specialty Retail Stocks -- Sotheby's, CST Brands, Zumiez, and HSN Inc. - May 5 at 3:55 PM logoSomewhat Positive Press Coverage Likely to Impact Sothebys (BID) Stock Price - May 2 at 11:22 PM logoSothebys (BID) Upgraded to Hold by Zacks Investment Research - May 2 at 6:24 PM logoSothebys (BID) Receiving Somewhat Positive Media Coverage, AlphaOne Reports - April 29 at 5:27 PM logo[$$] Artists respond to Trump: "I'm a Muslim, I'm black" - April 28 at 4:54 PM



Sothebys (BID) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff