Sonic Automotive Stock Price, News & Analysis (NYSE:SAH)

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. Shareholders 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 annualized dividend and a yield of 1.37%. The ex-dividend date is Thursday, September 12th. View Sonic Automotive's Dividend History.

Sonic Automotive Inc (NYSE:SAH) announced its quarterly earnings results on Thursday, July, 25th. The company reported $0.62 earnings per share for the quarter, beating the Thomson Reuters' 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 net margin of 1.05% and a return on equity of 11.27%. Sonic Automotive's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business 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.

Sonic Automotive will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued 12 month target prices for Sonic Automotive's shares. Their forecasts range from $20.00 to $30.00. On average, they expect Sonic Automotive's stock price to reach $26.20 in the next twelve months. This suggests that the stock has a possible downside of 10.5%. 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 somewhat negative on Friday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sonic Automotive earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Sonic Automotive.

Sonic Automotive saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,260,000 shares, a decrease of 7.4% from the August 30th total of 3,520,000 shares. Based on an average daily trading volume, of 302,000 shares, the short-interest ratio is currently 10.8 days. Currently, 14.7% of the shares of the company are sold short. View Sonic Automotive's Current Options Chain.

Some companies that are related to Sonic Automotive include IAA (IAA), 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) and Lazydays (LAZY).

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

Sonic Automotive's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.18%), Bowling Portfolio Management LLC (0.08%), State of Alaska Department of Revenue (0.04%) and Alpha Windward LLC (0.04%). 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 acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Denali Advisors LLC, Alpha Windward LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of SAH stock can currently be purchased for approximately $29.27.

Sonic Automotive has a market capitalization of $1.26 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]