Sonic Automotive, Inc. is an automotive retailer in the United States. The Company's operating segments include Franchised Dealerships and EchoPark. Its Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products. The EchoPark segment consists of standalone specialty retail locations that provide customers an opportunity to search, buy, service, finance and sell pre-owned vehicles. Its franchised dealerships provide services, including sales of both new and used cars, and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services (collectively, Fixed Operations), and arrangement of extended warranties, service contracts, financing, insurance and other aftermarket products (collectively, F&I) for its customers.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Auto Vehicles, Parts & Service Retailers - NEC
- Sub-Industry: Automotive Retail
- Symbol: NYSE:SAH
- CUSIP: 83545G10
- Web: www.sonicautomotive.com
- Market Cap: $732.48 million
- Outstanding Shares: 43,861,000
- 50 Day Moving Avg: $18.23
- 200 Day Moving Avg: $19.72
- 52 Week Range: $15.95 - $27.45
Sales & Book Value:
- Trailing P/E Ratio: 11.24
- Foreward P/E Ratio: 8.52
- P/E Growth: 18.42
- Annual Revenue: $9.81 billion
- Price / Sales: 0.07
- Book Value: $16.26 per share
- Price / Book: 1.03
- Annual Dividend: $0.20
- Dividend Yield: 1.2%
- EBIDTA: $296.18 million
- Net Margins: 0.69%
- Return on Equity: 11.14%
- Return on Assets: 2.21%
- Debt-to-Equity Ratio: 1.24%
- Current Ratio: 1.03%
- Quick Ratio: 0.18%
- Average Volume: 275,230 shs.
- Beta: 1.51
- Short Ratio: 14.95
Frequently Asked Questions for Sonic Automotive (NYSE:SAH)
What is Sonic Automotive's stock symbol?
Sonic Automotive trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAH."
How often does Sonic Automotive pay dividends? What is the dividend yield for Sonic Automotive?
Sonic Automotive declared a quarterly dividend on Friday, July 28th. Shareholders of record on Friday, September 15th will be given a dividend of $0.05 per share on Friday, October 13th. This represents a $0.20 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, September 14th. View Sonic Automotive's Dividend History.
How were Sonic Automotive's earnings last quarter?
Sonic Automotive, Inc. (NYSE:SAH) issued its earnings results on Friday, July, 28th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.06. The firm earned $2.41 billion during the quarter, compared to the consensus estimate of $2.44 billion. Sonic Automotive had a net margin of 0.69% and a return on equity of 11.14%. The firm's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.50 earnings per share. View Sonic Automotive's Earnings History.
When will Sonic Automotive make its next earnings announcement?
What guidance has Sonic Automotive issued on next quarter's earnings?
Sonic Automotive updated its FY17 earnings guidance on Friday, July, 28th. The company provided earnings per share (EPS) guidance of $1.85-1.95 for the period, compared to the Thomson Reuters consensus estimate of $2.00.
Where is Sonic Automotive's stock going? Where will Sonic Automotive's stock price be in 2017?
4 equities research analysts have issued 12-month price targets for Sonic Automotive's shares. Their predictions range from $22.00 to $26.00. On average, they anticipate Sonic Automotive's share price to reach $23.67 in the next year. View Analyst Ratings for Sonic Automotive.
What are analysts saying about Sonic Automotive stock?
Here are some recent quotes from research analysts about Sonic Automotive stock:
- 1. Jefferies Group LLC analysts commented, "We are updating our model to reflect a recently filed 8-K in which SAH provided Q1'17 guidance; Q1'17 EPS from continuing operations is expected to be $0.22- $0.26. Accordingly, we are lowering our Q1'17 EPS est. to $0.22 from $0.40 to reflect increased SG&A and depreciation expenses associated with the opening of new locations. We maintain our FY'17 EPS est. of $2.03 while noting that FY'17 EPS guidance of $2.00-$2.10 remains unchanged." (3/27/2017)
- 2. According to Zacks Investment Research, "Sonic Automotive has underperformed the Zacks-categorized Retail/Wholesale Auto/Truck industry over a year. Sonic Automotive is witnessing weakness in its most profitable market, Houston. It expects to incur loss related to EchoPark. Sonic Automotive has an extensive merchandise inventory. The high proportion of inventory in the current assets can affect the short-term liquidity of the company in periods of low sales. Further, the company has a mixed record of earnings surprises in recent quarters with an average negative surprise over the last four quarters." (1/20/2017)
Who are some of Sonic Automotive's key competitors?
Some companies that are related to Sonic Automotive include Insight Enterprises (NSIT), BMC Stock Holdings (BMCH), Bob Evans Farms (BOBE), DSW (DSW), Weis Markets (WMK), GMS (GMS), Group 1 Automotive (GPI), Diplomat Pharmacy (DPLO), Asbury Automotive Group (ABG), Chico's FAS (CHS), Wingstop (WING), Sonic Corp. (SONC), Lumber Liquidators Holdings (LL), Sears Holdings Corporation (SHLD), PetMed Express (PETS), SpartanNash Company (SPTN), Systemax (SYX) and Denny's Corporation (DENN).
Who are Sonic Automotive's key executives?
Sonic Automotive's management team includes the folowing people:
- Ollen Bruton Smith, Executive Chairman of the Board
- B. Scott Smith, Chief Executive Officer, President and Director
- David Bruton Smith, Vice Chairman and Director
- Heath R. Byrd, Executive Vice President and Chief Financial Officer
- Jeff .., Executive Vice President - Operations
- William I. Belk, Lead Independent Director
- William R. Brooks, Director
- Victor H. Doolan, Independent Director
- John William Harris III, Independent Director
- Robert Heller, Independent Director
Who owns Sonic Automotive stock?
Sonic Automotive's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.59%), Hotchkis & Wiley Capital Management LLC (5.97%), Vanguard Group Inc. (5.51%), LSV Asset Management (5.47%), FMR LLC (2.87%) and Northern Trust Corp (2.74%). Company insiders that own Sonic Automotive stock include Bryan Scott Smith, O Bruton Smith, R Eugene Taylor and Victor H Doolan. View Institutional Ownership Trends for Sonic Automotive.
Who sold Sonic Automotive stock? Who is selling Sonic Automotive stock?
Sonic Automotive's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, PDT Partners LLC, Bank of New York Mellon Corp, TIAA CREF Investment Management LLC, Teachers Advisors LLC, Goldman Sachs Group Inc., Chicago Equity Partners LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for Sonic Automotive.
Who bought Sonic Automotive stock? Who is buying Sonic Automotive stock?
Sonic Automotive's stock was acquired by a variety of institutional investors in the last quarter, including Northern Trust Corp, Prudential Financial Inc., Elliott Management Corp, Vanguard Group Inc., Proxima Capital Management LLC, Schwab Charles Investment Management Inc., SG Americas Securities LLC and Municipal Employees Retirement System of Michigan. Company insiders that have bought Sonic Automotive stock in the last two years include O Bruton Smith and R Eugene Taylor. View Insider Buying and Selling for Sonic Automotive.
How do I buy Sonic Automotive stock?
Shares of Sonic Automotive 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 Sonic Automotive's stock price today?
MarketBeat Community Rating for Sonic Automotive (NYSE SAH)MarketBeat's community ratings are surveys of what our community members think about Sonic Automotive 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.
One share of Sonic Automotive stock can currently be purchased for approximately $16.70.
Consensus Ratings for Sonic Automotive (NYSE:SAH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$23.67 (41.72% upside)|
Analysts' Ratings History for Sonic Automotive (NYSE:SAH)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/19/2017||Jefferies Group LLC||Reiterated Rating||Hold||$22.00||Medium|
|6/9/2017||Morgan Stanley||Lower Price Target||Overweight||$25.00 -> $23.00||Low|
|2/23/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$26.00||N/A|
|1/10/2017||CL King||Downgrade||Buy -> Neutral||N/A|
|11/9/2015||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$27.00||N/A|
|9/9/2015||Evercore ISI||Initiated Coverage||Hold||N/A|
Earnings History for Sonic Automotive (NYSE:SAH)Earnings History by Quarter for Sonic Automotive (NYSE SAH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/28/2017||Q2 2017||$0.46||$0.40||$2.44 billion||$2.41 billion||View||N/A|
|4/26/2017||Q1 2017||$0.23||$0.23||$2.29 billion||$2.29 billion||View||N/A|
|2/21/2017||Q416||$0.62||$0.66||$2.51 billion||$2.56 billion||View||Listen|
|11/1/2016||Q316||$0.54||$0.47||$2.48 billion||$2.56 billion||View||Listen|
|7/26/2016||Q216||$0.50||$0.50||$2.48 billion||$2.38 billion||View||Listen|
|4/26/2016||Q116||$0.39||$0.39||$2.32 billion||$2.23 billion||View||Listen|
|2/23/2016||Q415||$0.58||$0.61||$2.46 billion||$2.47 billion||View||Listen|
|10/28/2015||Q315||$0.47||$0.53||$2.44 billion||$2.49 billion||View||Listen|
|7/20/2015||Q215||$0.47||$0.46||$2.43 billion||$2.00 billion||View||Listen|
|4/21/2015||Q115||$0.38||$0.37||$2.21 billion||$2.24 billion||View||Listen|
|2/24/2015||Q414||$0.62||$0.63||$2.45 billion||$2.35 billion||View||Listen|
|10/21/2014||Q314||$0.48||$0.47||$2.37 billion||$2.36 billion||View||Listen|
|7/22/2014||Q214||$0.53||$0.51||$2.37 billion||$2.35 billion||View||Listen|
|4/22/2014||Q114||$0.41||$0.38||$2.16 billion||$2.14 billion||View||Listen|
|2/19/2014||Q413||$0.59||$0.67||$2.37 billion||$2.32 billion||View||Listen|
|10/21/2013||Q313||$0.50||$0.50||$2.29 billion||$2.24 billion||View||Listen|
|7/23/2013||Q2 2013||$0.52||$0.50||$2.28 billion||$2.20 billion||View||Listen|
|4/23/2013||Q1 2013||$0.42||$0.41||$2.08 billion||$2.08 billion||View||Listen|
|2/20/2013||Q4 2012||$0.50||$0.52||$2.33 billion||$2.19 billion||View||Listen|
Earnings Estimates for Sonic Automotive (NYSE:SAH)
2017 EPS Consensus Estimate: $2.07
2018 EPS Consensus Estimate: $2.09
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Sonic Automotive (NYSE:SAH)
|Dividend Growth:||35.70% (3 Year Average)|
|Payout Ratio:||13.42% (Trailing 12 Months of Earnings) |
10.70% (Based on This Year's Estimates)
10.20% (Based on Next Year's Estimates)
Dividend History by Quarter for Sonic Automotive (NYSE SAH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Sonic Automotive (NYSE:SAH)
Insider Ownership Percentage: 30.29%Insider Trades by Quarter for Sonic Automotive (NYSE:SAH)
Institutional Ownership Percentage: 64.64%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/3/2017||O Bruton Smith||Insider||Buy||19,273||$18.55||$357,514.15|| |
|3/21/2017||O Bruton Smith||Insider||Buy||100,000||$20.14||$2,014,000.00|| |
|3/20/2017||R Eugene Taylor||Director||Buy||5,000||$20.51||$102,550.00|| |
|8/24/2016||O Bruton Smith||Insider||Buy||50,000||$16.83||$841,500.00|| |
|8/22/2016||O Bruton Smith||Insider||Buy||50,000||$16.74||$837,000.00|| |
|3/9/2016||Victor H Doolan||Director||Sell||3,500||$19.48||$68,180.00|| |
|11/3/2015||Bryan Scott Smith||CEO||Sell||124,778||$25.02||$3,121,945.56|| |
|3/24/2015||Bryan Scott Smith||Insider||Sell||37,500||$25.05||$939,375.00|| |
|3/2/2015||David Bruton Smith||Vice Chairman||Sell||8,000||$25.03||$200,240.00|| |
|12/5/2014||Bryan Scott Smith||Insider||Sell||37,500||$27.00||$1,012,500.00|| |
|8/6/2014||O Bruton Smith||CEO||Buy||10,000||$24.20||$242,000.00|| |
|8/1/2014||O Bruton Smith||CEO||Buy||10,000||$24.10||$241,000.00|| |
|6/4/2014||Jeff Dyke||EVP||Sell||20,000||$27.00||$540,000.00|| |
|3/4/2014||David Bruton Smith||Chairman||Sell||10,000||$24.17||$241,700.00|| |
|5/14/2013||Heath Byrd||CFO||Sell||2,774||$23.52||$65,244.48|| |
|5/10/2013||William I Belk||Director||Sell||2,000||$23.41||$46,820.00|| |
Headline Trends for Sonic Automotive (NYSE:SAH)
Latest Headlines for Sonic Automotive (NYSE:SAH)
|ETFs with exposure to Sonic Automotive, Inc. : August 15, 2017|
finance.yahoo.com - August 15 at 8:36 PM
|Zacks: Analysts Anticipate Sonic Automotive, Inc. (NYSE:SAH) Will Post Quarterly Sales of $2.56 Billion|
www.americanbankingnews.com - August 14 at 5:04 AM
|See what the IHS Markit Score report has to say about Sonic Automotive Inc.|
finance.yahoo.com - August 13 at 6:07 AM
|IHS Markit Score downgrades Sonic Automotive Inc to 22 out of 100, ranking negatively in two out of three available IHS Markit categories.|
finance.yahoo.com - August 11 at 8:16 AM
|Sonic Automotive, Inc. :SAH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017|
finance.yahoo.com - August 2 at 7:23 AM
|Sonic Automotive Inc (NYSE:SAH) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - August 1 at 8:05 AM
|Q3 2017 EPS Estimates for Sonic Automotive, Inc. Lowered by Analyst (NYSE:SAH)|
www.americanbankingnews.com - August 1 at 7:41 AM
|KeyCorp Comments on Sonic Automotive, Inc.'s Q3 2017 Earnings (SAH)|
www.americanbankingnews.com - August 1 at 7:40 AM
|Sonic Automotive, Inc. (NYSE:SAH) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS|
www.americanbankingnews.com - July 29 at 6:47 PM
|Sonic Automotive, Inc. (SAH) Downgraded to Sell at BidaskClub|
www.americanbankingnews.com - July 29 at 12:54 PM
|Sonic Automotive Inc Bottom Line Retreats 24% In Q2|
www.rttnews.com - July 29 at 6:57 AM
|Sonic Automotive (SAH) Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - July 29 at 6:57 AM
|Investor Network: Sonic Automotive, Inc. to Host Earnings Call|
finance.yahoo.com - July 29 at 6:57 AM
|Edited Transcript of SAH earnings conference call or presentation 28-Jul-17 3:00pm GMT|
finance.yahoo.com - July 29 at 6:57 AM
|Sonic Automotive misses 2Q profit forecasts|
finance.yahoo.com - July 29 at 6:57 AM
|Sonic Automotive, Inc. (NYSE:SAH) Announces $0.05 Quarterly Dividend|
www.americanbankingnews.com - July 28 at 11:58 AM
|Sonic Automotive, Inc. (NYSE:SAH) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - July 28 at 9:31 AM
|Sonic Automotive, Inc. breached its 50 day moving average in a Bearish Manner : SAH-US : July 27, 2017|
finance.yahoo.com - July 28 at 7:36 AM
|Sonic Automotive, Inc. Reports Second Quarter Results and EchoPark® Expansion|
finance.yahoo.com - July 28 at 7:36 AM
|Zacks: Brokerages Anticipate Sonic Automotive, Inc. (SAH) Will Announce Quarterly Sales of $2.44 Billion|
www.americanbankingnews.com - July 27 at 2:40 PM
|Sonic Automotive, Inc. – Value Analysis (NYSE:SAH) : July 26, 2017|
finance.yahoo.com - July 27 at 7:06 AM
| Analysts Expect Sonic Automotive, Inc. (SAH) Will Post Earnings of $0.48 Per Share|
www.americanbankingnews.com - July 25 at 9:21 AM
|ETFs with exposure to Sonic Automotive, Inc. : July 24, 2017|
finance.yahoo.com - July 25 at 6:27 AM
|Penske Automotive Group (PAG) and Sonic Automotive (SAH) Financial Analysis|
www.americanbankingnews.com - July 23 at 7:25 AM
|Sonic Automotive, Inc. (SAH) Set to Announce Earnings on Friday|
www.americanbankingnews.com - July 21 at 7:08 AM
|ETFs with exposure to Sonic Automotive, Inc. : July 14, 2017|
finance.yahoo.com - July 15 at 8:18 AM
|Sonic Automotive (SAH) versus Camping World Holdings (CWH) Financial Analysis|
www.americanbankingnews.com - July 14 at 8:50 AM
|Sonic Automotive, Inc. breached its 50 day moving average in a Bullish Manner : SAH-US : July 13, 2017|
finance.yahoo.com - July 14 at 8:04 AM
|Comparing AutoZone (AZO) and Sonic Automotive (NYSE:SAH)|
www.americanbankingnews.com - July 9 at 8:22 AM
|Sonic Automotive, Inc. (SAH) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - July 7 at 11:51 AM
|$2.44 Billion in Sales Expected for Sonic Automotive, Inc. (NYSE:SAH) This Quarter|
www.americanbankingnews.com - July 1 at 10:12 AM
|Sonic Automotive, Inc. Schedules Release Of 2017 Second Quarter Results|
finance.yahoo.com - July 1 at 7:13 AM
|Sonic Automotive, Inc. breached its 50 day moving average in a Bullish Manner : SAH-US : June 29, 2017|
finance.yahoo.com - June 30 at 6:28 AM
|Sonic Automotive, Inc. (SAH) Expected to Announce Earnings of $0.48 Per Share|
www.americanbankingnews.com - June 29 at 8:05 AM
|Financial Survey: Sonic Automotive (SAH) vs. Monro Muffler Brake (MNRO)|
www.americanbankingnews.com - June 22 at 2:14 PM
|Sonic Automotive, Inc. breached its 50 day moving average in a Bearish Manner : SAH-US : June 19, 2017|
finance.yahoo.com - June 19 at 9:53 AM
|Head-To-Head Survey: Pep Boys - Manny Moe & Jack (PBY) & Sonic Automotive (SAH)|
www.americanbankingnews.com - June 18 at 2:22 PM
|Contrasting Asbury Automotive Group (ABG) & Sonic Automotive (SAH)|
www.americanbankingnews.com - June 16 at 12:30 PM
|Is Sonic Automotive a Great Stock for Value Investors?|
finance.yahoo.com - June 16 at 9:35 AM
|Sonic Automotive, Inc. (SAH) Stock Rating Reaffirmed by Jefferies Group LLC|
www.americanbankingnews.com - June 16 at 8:31 AM
|Sonic Automotive, Inc. : SAH-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017|
finance.yahoo.com - June 15 at 12:20 AM
|Sonic Automotive, Inc. (SAH) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - June 12 at 9:06 AM
|Sonic Automotive's (SAH) "Overweight" Rating Reaffirmed at Morgan Stanley|
www.americanbankingnews.com - June 9 at 7:38 PM
|$2.44 Billion in Sales Expected for Sonic Automotive Inc (SAH) This Quarter|
www.americanbankingnews.com - June 7 at 1:28 PM
|Sonic Automotive, Inc. – Value Analysis (NYSE:SAH) : June 6, 2017|
finance.yahoo.com - June 6 at 10:01 PM
|Sonic Automotive, Inc. breached its 50 day moving average in a Bearish Manner : SAH-US : June 5, 2017|
finance.yahoo.com - June 5 at 3:29 PM
|$0.49 EPS Expected for Sonic Automotive Inc (SAH) This Quarter|
www.americanbankingnews.com - June 5 at 9:40 AM
|ValuEngine Downgrades Sonic Automotive Inc (SAH) to Buy|
www.americanbankingnews.com - June 3 at 11:32 AM
|Sonic Automotive Inc (SAH) Lowered to "C+" at TheStreet|
www.americanbankingnews.com - June 1 at 2:56 PM
|ETFs with exposure to Sonic Automotive, Inc. : May 22, 2017|
finance.yahoo.com - May 22 at 6:44 PM
Sonic Automotive (SAH) Chart for Monday, August, 21, 2017