Sotheby's Company Profile (NYSE:BID)

About Sotheby's (NYSE:BID)

SothebySotheby'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: Antique Dealers
  • Sub-Industry: Specialized Consumer Services
  • Symbol: NYSE:BID
  • CUSIP: 83589810
  • Web:
  • Market Cap: $3 billion
  • Outstanding Shares: 52,671,000
Average Prices:
  • 50 Day Moving Avg: $54.05
  • 200 Day Moving Avg: $47.62
  • 52 Week Range: $31.08 - $57.67
  • Trailing P/E Ratio: 38.54
  • Foreward P/E Ratio: 22.82
  • P/E Growth: 1.82
Sales & Book Value:
  • Annual Revenue: $886.38 million
  • Price / Sales: 3.39
  • Book Value: $9.18 per share
  • Price / Book: 6.21
  • EBIDTA: $197.24 million
  • Net Margins: 10.00%
  • Return on Equity: 20.73%
  • Return on Assets: 4.28%
  • Debt-to-Equity Ratio: 2.34%
  • Current Ratio: 1.79%
  • Quick Ratio: 1.58%
  • Average Volume: 509,200 shs.
  • Beta: 1.8
  • Short Ratio: 12.87
Frequently Asked Questions for Sotheby's (NYSE:BID)

What is Sotheby's' stock symbol?

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

How were Sotheby's' earnings last quarter?

Sotheby's (NYSE:BID) announced its earnings results on Wednesday, May, 10th. The company reported ($0.21) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.38) by $0.17. The business earned $187.50 million during the quarter, compared to analysts' expectations of $111.66 million. Sotheby's had a return on equity of 20.73% and a net margin of 10.00%. The company's quarterly revenue was up 76.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.35) earnings per share. View Sotheby's' Earnings History.

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

2 analysts have issued twelve-month price objectives for Sotheby's' stock. Their forecasts range from $56.00 to $62.00. On average, they expect Sotheby's' share price to reach $59.00 in the next year. View Analyst Ratings for Sotheby's.

What are analysts saying about Sotheby's stock?

Here are some recent quotes from research analysts about Sotheby's 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. " (7/21/2017)
  • 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 Sotheby's' key competitors?

Who are Sotheby's' key executives?

Sotheby's' management team includes the folowing people:

  • Domenico De Sole, Chairman of the Board
  • Thomas S. Smith Jr., President, Chief Executive Officer, Director
  • Peregrine Andrew Morny Cavendish CBE, Deputy Chairman of the Board
  • Michael F. Goss, Chief Financial Officer, Executive Vice President
  • Adam David Chinn, Chief Operating Officer, Executive Vice President
  • Jonathan A. Olsoff, Executive Vice President, Worldwide General Counsel
  • David Goodman, Executive Vice President of Digital Development and Marketing
  • Jane A. Levine, Executive Vice President, Chief Global Compliance Counsel and Head of Government and Regulatory Affairs
  • Kevin M. Delaney CPA, Senior Vice President, Controller and Chief Accounting Officer
  • Jan Prasens, Managing Director, Sotheby's Europe

Who owns Sotheby's stock?

Sotheby's' stock is owned by many different of institutional and retail investors. Top institutional investors include Van Berkom & Associates Inc. (2.57%), Conestoga Capital Advisors LLC (1.37%), Bank of Montreal Can (0.18%), Meeder Asset Management Inc. (0.04%), State Treasurer State of Michigan (0.04%) and Russell Investments Group Ltd. (0.04%). Company insiders that own Sotheby's stock include Adam Chinn, Dennis M Weibling, Jonathan Olsoff, Kevin M Delaney, Michael F Goss, Olivier Reza and Sole Domenico De. View Institutional Ownership Trends for Sotheby's.

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 Van Berkom & Associates Inc., Municipal Employees Retirement System of Michigan, Oregon Public Employees Retirement Fund, Wright Investors Service Inc., BB&T Corp and Creative Planning. View Insider Buying and Selling for Sotheby's.

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

Sotheby's' stock was acquired by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Bank of Montreal Can, Russell Investments Group Ltd., ING Groep NV, Evanson Asset Management LLC, Aperio Group LLC, LS Investment Advisors LLC and Louisiana State Employees Retirement System. Company insiders that have bought Sotheby's stock in the last two years include Adam Chinn, Dennis M Weibling, Jonathan Olsoff, Michael F Goss, Olivier Reza and Sole Domenico De. View Insider Buying and Selling for Sotheby's.

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.

What is Sotheby's' stock price today?

One share of Sotheby's stock can currently be purchased for approximately $57.04.

MarketBeat Community Rating for Sotheby's (NYSE BID)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  140 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  312
MarketBeat's community ratings are surveys of what our community members think about Sotheby's and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sotheby's (NYSE:BID) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $59.00 (3.44% upside)

Analysts' Ratings History for Sotheby's (NYSE:BID)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017SidotiReiterated RatingBuy$59.00 -> $62.00LowView Rating Details
3/16/2017Cowen and CompanyBoost Price TargetOutperform$53.00 -> $56.00LowView 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, Inc. (The)Lower 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 7/27/2015 forward)


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

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

Insider Trades

Insider Trading and Institutional Ownership History for Sotheby's (NYSE:BID)
Insider Ownership Percentage: 13.81%
Institutional Ownership Percentage: 91.89%
Insider Trades by Quarter for Sotheby`s (NYSE:BID)
Institutional Ownership by Quarter for Sotheby`s (NYSE:BID)
Insider Trades by Quarter for Sotheby's (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 Sotheby's (NYSE:BID)
Latest Headlines for Sotheby's (NYSE:BID)
DateHeadline logoSotheby's Flirts With Record High - July 25 at 9:26 PM logoPrep for Prep High School Students Spend Four Weeks Discovering The Art World At Sotheby's - July 24 at 12:24 PM logoZacks Investment Research Lowers Sotheby's (BID) to Hold - July 21 at 4:53 PM logoSidoti Reiterates "Buy" Rating for Sotheby's (NYSE:BID) - July 21 at 9:30 AM logoSotheby’s Second Quarter 2017 Earnings Conference Call Invitation - July 20 at 6:05 PM logoSotheby's (BID) Rating Increased to Buy at Zacks Investment Research - July 20 at 5:22 PM logoSotheby’s Auction of Moon Bag Should Not Be Legal - July 18 at 6:01 PM logo[$$] Old Masters have a bumpy ride - July 14 at 6:24 PM logoHow to sell your art - July 12 at 5:06 PM logoCore-Mark (CORE) Catches Eye: Stock Jumps 7.4% - July 12 at 5:06 PM logoArtists Show Potential Of VR - July 12 at 3:40 AM logoSotheby’s Makes the Best of a Thinner Summer Season - June 30 at 9:38 PM logoSotheby's June 2017 Sales of Contemporary Art in London Total $105.7 Million, Exceeding Expectations and with an Overall Sell-Through Rate of 82% - June 30 at 4:35 PM logoAndy Warhol’s First ‘Selfie’ Sells for $7.7 Million - June 29 at 5:43 PM logoLuxury brokerage firm inks acquisition - June 29 at 5:43 PM logo$1.38 Earnings Per Share Expected for Sotheby's (BID) This Quarter - June 29 at 2:33 PM logo[$$] London Sales Help Art-Market Recovery - June 28 at 8:18 PM logoFewer and Smaller: A New Normal for London’s Summer Auctions - June 23 at 4:31 PM logoSotheby's (BID) Says June Sales of Impressionist & Modern Art in London Total $200.8M - June 23 at 4:31 PM logoSotheby's June 2017 Sales of Impressionist & Modern Art in London Total $200.8 Million - June 23 at 4:31 PM
News IconCOWEN: We counted at least 7 retail companies that can't get eaten up by Amazon - June 19 at 9:06 PM logoJan Prasens Appointed Managing Director of Sotheby's Europe, Including Operations in the Middle East, Russia, India and Africa - June 19 at 11:32 AM logoWhy Sotheby’s Shares Popped 11% in May - June 9 at 4:29 PM logoRockefeller's Art Treasures to Be Sold at Christie's Auction - June 7 at 4:13 PM 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



Sotheby's (BID) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff