NYSE:SAH - Sonic Automotive Stock Price, News & Analysis

Sonic Automotive trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAH."

Sonic Automotive declared a quarterly dividend on Thursday, July 25th. Investors of record on Friday, September 13th will be given a dividend of $0.10 per share on Tuesday, October 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Thursday, September 12th. View Sonic Automotive's Dividend History.

Sonic Automotive Inc (NYSE:SAH) posted its quarterly earnings data on Thursday, July, 25th. The company reported $0.62 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.15. The business earned $2.61 billion during the quarter, compared to the consensus estimate of $2.52 billion. Sonic Automotive had a return on equity of 11.27% and a net margin of 1.05%. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share. View Sonic Automotive's Earnings History.

Sonic Automotive is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Sonic Automotive.

5 equities research analysts have issued 12 month target prices for Sonic Automotive's shares. Their predictions range from $14.00 to $30.00. On average, they anticipate Sonic Automotive's share price to reach $22.60 in the next year. This suggests that the stock has a possible downside of 14.7%. View Analyst Price Targets for Sonic Automotive.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic Automotive in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonic Automotive.

Media stories about SAH stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sonic Automotive earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Sonic Automotive.

Sonic Automotive saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 3,648,200 shares, a decline of 7.0% from the June 30th total of 3,923,500 shares. Based on an average daily trading volume, of 281,200 shares, the short-interest ratio is presently 13.0 days. Approximately 16.6% of the company's stock are sold short. View Sonic Automotive's Current Options Chain.

Some companies that are related to Sonic Automotive include AutoNation (AN), Penske Automotive Group (PAG), KAR Auction Services (KAR), Lithia Motors (LAD), Murphy USA (MUSA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Camping World (CWH), America's Car-Mart (CRMT), Kaixin Auto (KXIN), TravelCenters of America (TA), Lazydays (LAZY) and Lentuo International (LASLY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic Automotive investors own include Carnival (CCL), Asbury Automotive Group (ABG), Intel (INTC), iPass (IPAS), Ford Motor (F), Advanced Micro Devices (AMD), Costco Wholesale (COST), Cisco Systems (CSCO), AbbVie (ABBV) and Alibaba Group (BABA).

Sonic Automotive's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.78%), Vanguard Group Inc. (5.49%), LSV Asset Management (4.45%), Northern Trust Corp (2.84%), Towle & Co. (2.44%) and Prudential Financial Inc. (1.71%). Company insiders that own Sonic Automotive stock include Heath Byrd, Jeff Dyke and O Bruton Smith. View Institutional Ownership Trends for Sonic Automotive.

SAH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Towle & Co., Bank of America Corp DE, Royal Bank of Canada, Wells Fargo & Company MN, LSV Asset Management, KBC Group NV and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Sonic Automotive.

SAH stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Marshall Wace LLP, Marshall Wace North America L.P., D. E. Shaw & Co. Inc., Grantham Mayo Van Otterloo & Co. LLC, Morgan Stanley and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Sonic Automotive.

Shares of SAH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SAH stock can currently be purchased for approximately $26.48.

Sonic Automotive has a market capitalization of $1.14 billion and generates $9.95 billion in revenue each year. The company earns $51.65 million in net income (profit) each year or $1.77 on an earnings per share basis. Sonic Automotive employs 9,700 workers across the globe.View Additional Information About Sonic Automotive.

The official website for Sonic Automotive is http://www.sonicautomotive.com/.

Sonic Automotive's mailing address is 4401 COLWICK ROAD, CHARLOTTE NC, 28211. The company can be reached via phone at 704-566-2400 or via email at [email protected]