NYSE:SAHSonic Automotive Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sonic Automotive Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $28.69 +1.61 (+5.95 %) (As of 06/4/2020 09:44 AM ET) Add Compare Share Today's Range$27.65Now: $28.69▼$28.8750-Day Range$14.45MA: $20.97▼$28.0452-Week Range$9.00Now: $28.69▼$35.41Volume408,843 shsAverage Volume423,768 shsMarket Capitalization$1.23 billionP/E RatioN/ADividend Yield1.48%Beta2.69 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales in pre-owned vehicle specialty retail locations. As of December 31, 2018, the company operated 108 new vehicle franchises representing 25 brands of cars and light trucks 18 collision repair centers in 13 states; and 8 EchoPark stores. Sonic Automotive, Inc. was founded in 1997 and is based in Charlotte, North Carolina.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingSonic Automotive has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.58, Sonic Automotive has a potential downside of 3.9% from its current price of $28.69.Amount of Analyst CoverageSonic Automotive has only been the subject of 3 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesSonic Automotive has received 224 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSonic Automotive has received 351 “underperform” votes. (Add your “underperform” vote.)Community SentimentSonic Automotive has received 61.04% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Sonic Automotive and other stocks. Vote “Outperform” if you believe SAH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SAH will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipSonic Automotive is a leading dividend payer. It pays a dividend yield of 1.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSonic Automotive has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Sonic Automotive is 15.09 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sonic Automotive will have a dividend payout ratio of 16.13 % next year. This indicates that Sonic Automotive will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sonic Automotive insiders have bought 14.09% more of their company's stock than they have sold. Specifically, they have bought $162,345.00 in company stock and sold $142,300.00 in company stock.Percentage Held by InsidersOnly 33.01% of the stock of Sonic Automotive is held by insiders.Percentage Held by Institutions59.01% of the stock of Sonic Automotive is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sonic Automotive are expected to grow by 101.63% in the coming year, from $1.23 to $2.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sonic Automotive is -12.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sonic Automotive is -12.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSonic Automotive has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.04 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:SAH Previous Symbol CUSIP83545G10 CIK1043509 Webwww.sonicautomotive.com Phone704-566-2400Debt Debt-to-Equity Ratio1.63 Current Ratio1.06 Quick Ratio0.26Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio23.33 P/E GrowthN/A Sales & Book Value Annual Sales$10.45 billion Price / Sales0.12 Cash Flow$5.11 per share Price / Cash Flow5.61 Book Value$21.89 per share Price / Book1.31Profitability EPS (Most Recent Fiscal Year)$2.65 Net Income$144.14 million Net Margins-0.94% Return on Equity13.54% Return on Assets2.86%Miscellaneous Employees9,300 Outstanding Shares42,920,000Market Cap$1.23 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable SAH Rates by TradingView Receive SAH News and Ratings via Email Sign-up to receive the latest news and ratings for SAH and its competitors with MarketBeat's FREE daily newsletter. Sonic Automotive (NYSE:SAH) Frequently Asked Questions How has Sonic Automotive's stock been impacted by COVID-19 (Coronavirus)? Sonic Automotive's stock was trading at $21.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SAH shares have increased by 33.7% and is now trading at $28.69. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Sonic Automotive? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic Automotive in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sonic Automotive. When is Sonic Automotive's next earnings date? Sonic Automotive is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Sonic Automotive. How were Sonic Automotive's earnings last quarter? Sonic Automotive Inc (NYSE:SAH) announced its quarterly earnings data on Wednesday, April, 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.18. The company earned $2.31 billion during the quarter, compared to analyst estimates of $2.27 billion. Sonic Automotive had a negative net margin of 0.94% and a positive return on equity of 13.54%. Sonic Automotive's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. View Sonic Automotive's earnings history. How often does Sonic Automotive pay dividends? What is the dividend yield for Sonic Automotive? Sonic Automotive announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.10 per share on Wednesday, July 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Friday, June 12th. View Sonic Automotive's dividend history. What price target have analysts set for SAH? 6 brokerages have issued 1 year price objectives for Sonic Automotive's stock. Their forecasts range from $20.00 to $40.00. On average, they anticipate Sonic Automotive's share price to reach $27.58 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Sonic Automotive. Has Sonic Automotive been receiving favorable news coverage? Media coverage about SAH stock has been trending very positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing 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 coverage optimism score of 4.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutSonic Automotive. Who are some of Sonic Automotive's key competitors? Some companies that are related to Sonic Automotive include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT). View all competitors. What other stocks do shareholders of Sonic Automotive own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic Automotive investors own include Carnival (CCL), Verizon Communications (VZ), AbbVie (ABBV), Advanced Micro Devices (AMD), Alibaba Group (BABA), Costco Wholesale (COST), Intel (INTC), Pfizer (PFE), Restoration Hardware (RH) and Cisco Systems (CSCO). Who are Sonic Automotive's key executives? Sonic Automotive's management team includes the following people: Mr. O. Bruton Smith, Co-Founder & Exec. Chairman (Age 92)Mr. David Bruton Smith, CEO & Director (Age 44)Mr. Frank J. Dyke, Pres (Age 52)Mr. Heath R. Byrd, EVP, Chief Accounting Officer & CFO (Age 53)Mr. Stephen K. Coss, Sr. VP, Gen. Counsel & Sec. What is Sonic Automotive's stock symbol? Sonic Automotive trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAH." Who are Sonic Automotive's major shareholders? Sonic Automotive's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.58%), State Street Corp (2.17%), Grantham Mayo Van Otterloo & Co. LLC (1.31%), Philadelphia Financial Management of San Francisco LLC (1.10%), Towle & Co. (1.09%) and Bank of New York Mellon Corp (0.96%). Company insiders that own Sonic Automotive stock include Heath Byrd, Jeff Dyke, Marcus G Smith and Victor H Doolan. View institutional ownership trends for Sonic Automotive. Which institutional investors are selling Sonic Automotive stock? SAH stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., State Street Corp, Public Sector Pension Investment Board, AQR Capital Management LLC, Parametric Portfolio Associates LLC, Driehaus Capital Management LLC, and Janney Montgomery Scott LLC. Company insiders that have sold Sonic Automotive company stock in the last year include Heath Byrd, Jeff Dyke, and Victor H Doolan. View insider buying and selling activity for Sonic Automotive. Which institutional investors are buying Sonic Automotive stock? SAH stock was acquired by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Towle & Co., Morgan Stanley, Morgan Stanley, Granahan Investment Management Inc. MA, Ziegler Capital Management LLC, JPMorgan Chase & Co., and Russell Investments Group Ltd.. View insider buying and selling activity for Sonic Automotive. How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab. What is Sonic Automotive's stock price today? One share of SAH stock can currently be purchased for approximately $28.69. How big of a company is Sonic Automotive? Sonic Automotive has a market capitalization of $1.23 billion and generates $10.45 billion in revenue each year. The company earns $144.14 million in net income (profit) each year or $2.65 on an earnings per share basis. Sonic Automotive employs 9,300 workers across the globe. What is Sonic Automotive's official website? The official website for Sonic Automotive is www.sonicautomotive.com. How can I contact Sonic Automotive? 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] This page was last updated on 6/4/2020 by MarketBeat.com Staff
