NYSE:SAHSonic Automotive Stock Price, Forecast & News

Sonic Automotive's stock was trading at $21.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAH stock has increased by 13.3% and is now trading at $24.32. View which stocks have been most impacted by Coronavirus.

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.

Sonic Automotive is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Sonic Automotive.

Sonic Automotive Inc (NYSE:SAH) issued its earnings results on Wednesday, April, 29th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.18. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.27 billion. Sonic Automotive had a positive return on equity of 13.54% and a negative net margin of 0.94%. The firm's revenue was down 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.39 EPS. View Sonic Automotive's earnings history.

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 dividend yield of 1.64%. The ex-dividend date is Friday, June 12th. View Sonic Automotive's dividend history.

6 brokerages have issued 1 year target prices for Sonic Automotive's shares. Their forecasts range from $20.00 to $40.00. On average, they expect Sonic Automotive's share price to reach $27.42 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price. View analysts' price targets for Sonic Automotive.

News headlines about SAH stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sonic Automotive earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutSonic Automotive.

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), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI) and America's Car-Mart (CRMT). View all competitors.

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).

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

Sonic Automotive's stock is owned by a variety of institutional and retail 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 and Marcus G Smith. View institutional ownership trends for Sonic Automotive.

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, and Jeff Dyke. View insider buying and selling activity for Sonic Automotive.

SAH stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Towle & Co., Morgan Stanley, Granahan Investment Management Inc. MA, Ziegler Capital Management LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., and Dynamic Technology Lab Private Ltd. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of SAH stock can currently be purchased for approximately $24.32.

Sonic Automotive has a market capitalization of $1.04 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.

The official website for Sonic Automotive is 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]