Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and Pre-Owned Stores. 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 Pre-Owned Stores segment operates stand-alone pre-owned specialty retail locations, which enable customers to search, buy, service, finance, and sell pre-owned vehicles. As of December 31, 2017, the company operated 114 new vehicle franchises in 13 states representing 25 brands of cars and light trucks; 18 collision repair centers; and 9 pre-owned vehicle stores. Sonic Automotive, Inc. was founded in 1997 and is based in Charlotte, North Carolina.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryAutomotive Retail
SectorRetail/Wholesale
SymbolNYSE:SAH
CUSIP83545G10
Phone704-566-2400
Debt
Debt-to-Equity Ratio1.19
Current Ratio1.03
Quick Ratio0.21
Price-To-Earnings
Trailing P/E Ratio11.41
Forward P/E Ratio10.83
P/E Growth4.8
Sales & Book Value
Annual Sales$9.87 billion
Price / Sales0.09
Cash Flow$3.9583 per share
Price / Cash5.28
Book Value$18.21 per share
Price / Book1.15
Profitability
EPS (Most Recent Fiscal Year)$1.85
Net Income$92.98 million
Net Margins0.95%
Return on Equity10.42%
Return on Assets2.14%
Miscellaneous
Employees9,750
Outstanding Shares42,710,000
Market Cap$909.74 million
Sonic Automotive (NYSE:SAH) Frequently Asked Questions
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 27th. Investors of record on Friday, September 14th will be given a dividend of $0.06 per share on Monday, October 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Thursday, September 13th. View Sonic Automotive's Dividend History.
How were Sonic Automotive's earnings last quarter?
Sonic Automotive Inc (NYSE:SAH) issued its quarterly earnings data on Friday, July, 27th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The company had revenue of $2.51 billion for the quarter, compared to analysts' expectations of $2.47 billion. Sonic Automotive had a return on equity of 10.42% and a net margin of 0.95%. The business's revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 earnings per share. View Sonic Automotive's Earnings History.
When is Sonic Automotive's next earnings date?
What guidance has Sonic Automotive issued on next quarter's earnings?
Sonic Automotive updated its FY18 earnings guidance on Friday, July, 27th. The company provided earnings per share guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.93.
What price target have analysts set for SAH?
3 Wall Street analysts have issued 12 month price targets for Sonic Automotive's shares. Their predictions range from $16.00 to $23.00. On average, they expect Sonic Automotive's share price to reach $19.25 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. View Analyst Price Targets for Sonic Automotive.
What is the consensus analysts' recommendation for Sonic Automotive?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic Automotive in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonic Automotive.
Who are some of Sonic Automotive's key competitors?
Some companies that are related to Sonic Automotive include Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises, Inc. Class A (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF), America's Car-Mart (CRMT), TravelCenters of America (TA), Lazydays (LAZY) and Lentuo International (LASLY).
Who are Sonic Automotive's key executives?
Sonic Automotive's management team includes the folowing people:
- Mr. O. Bruton Smith, Co-Founder & Exec. Chairman (Age 91)
- Mr. B. Scott Smith, Co-Founder, CEO, Pres & Director (Age 50)
- Mr. David Bruton Smith, Exec. Vice Chairman & Chief Strategic Officer (Age 43)
- Mr. Heath R. Byrd, EVP, Chief Accounting Officer & CFO (Age 52)
- Mr. Frank J. Dyke, Exec. VP of Operations (Age 51)
Has Sonic Automotive been receiving favorable news coverage?
Press coverage about SAH stock has been trending somewhat positive on Friday, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sonic Automotive earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Sonic Automotive.
Who are Sonic Automotive's major shareholders?
Sonic Automotive's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.38%), Dimensional Fund Advisors LP (6.20%), LSV Asset Management (5.36%), FMR LLC (3.11%), Northern Trust Corp (2.99%) and Towle & Co. (2.76%). Company insiders that own Sonic Automotive stock include Heath Byrd, Jeff Dyke, O Bruton Smith and R Eugene Taylor. View Institutional Ownership Trends for Sonic Automotive.
Which major investors are selling Sonic Automotive stock?
SAH stock was sold by a variety of institutional investors in the last quarter, including Proxima Capital Management LLC, LSV Asset Management, FMR LLC, Dimensional Fund Advisors LP, OppenheimerFunds Inc., Citadel Advisors LLC, Legal & General Group Plc and California Public Employees Retirement System. Company insiders that have sold Sonic Automotive company stock in the last year include Heath Byrd and Jeff Dyke. View Insider Buying and Selling for Sonic Automotive.
Which major investors are buying Sonic Automotive stock?
SAH stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Towle & Co., Schwab Charles Investment Management Inc., Brown Advisory Inc., Municipal Employees Retirement System of Michigan, Paloma Partners Management Co, GSA Capital Partners LLP and Bank of America Corp DE. 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 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, Scottrade, Fidelity and Charles Schwab.
What is Sonic Automotive's stock price today?
One share of SAH stock can currently be purchased for approximately $21.00.
How big of a company is Sonic Automotive?
Sonic Automotive has a market capitalization of $909.74 million and generates $9.87 billion in revenue each year. The company earns $92.98 million in net income (profit) each year or $1.85 on an earnings per share basis. Sonic Automotive employs 9,750 workers across the globe.
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]
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 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.
