Sonic Automotive Stock Forecast, Price & 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. Since then, SAH shares have increased by 94.2% and is now trading at $41.67.
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5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sonic Automotive in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Sonic Automotive stock.
View analyst ratings for Sonic Automotive or view MarketBeat's top 5 stock picks.

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203 employees have rated Sonic Automotive CEO O. Bruton Smith on Glassdoor.com. O. Bruton Smith has an approval rating of 91% among Sonic Automotive's employees. This puts O. Bruton Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Sonic Automotive is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Sonic Automotive.

Sonic Automotive, Inc. (NYSE:SAH) issued its earnings results on Thursday, October, 29th. The company reported $1.35 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.14 by $0.21. The firm earned $2.55 billion during the quarter, compared to analyst estimates of $2.60 billion. Sonic Automotive had a positive trailing twelve-month return on equity of 18.36% and a negative net margin of 0.64%. The business's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 earnings per share.
View Sonic Automotive's earnings history.

Sonic Automotive declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.10 per share on Friday, January 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Monday, December 14th.
View Sonic Automotive's dividend history.

Sonic Automotive pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.91%. Sonic Automotive does not yet have a strock track record of dividend growth. The dividend payout ratio of Sonic Automotive is 15.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sonic Automotive will have a dividend payout ratio of 9.24% next year. This indicates that Sonic Automotive will be able to sustain or increase its dividend.
View Sonic Automotive's dividend history.

5 brokerages have issued twelve-month price targets for Sonic Automotive's stock. Their forecasts range from $39.00 to $56.00. On average, they expect Sonic Automotive's stock price to reach $49.00 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts' price targets for Sonic Automotive or view Wall Street analyst' top-rated stocks.

Some companies that are related to Sonic Automotive include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Monro (MNRO), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of SAH's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic Automotive investors own include Advanced Micro Devices (AMD), Pfizer (PFE), Target (TGT), AbbVie (ABBV), NVIDIA (NVDA), QUALCOMM (QCOM), Square (SQ), UnitedHealth Group (UNH), Verizon Communications (VZ) and Abbott Laboratories (ABT).

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

Sonic Automotive's stock is owned by many different retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.15%), Pacer Advisors Inc. (0.07%), Strs Ohio (0.05%), State of Alaska Department of Revenue (0.04%), Louisiana State Employees Retirement System (0.03%) and Wedge Capital Management L L P NC (0.01%). Company insiders that own Sonic Automotive stock include David Bruton Smith, Heath Byrd, Jeff Dyke, Marcus G Smith and Victor H Doolan.
View institutional ownership trends for Sonic Automotive.

SAH stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, New York State Teachers Retirement System, and Louisiana State Employees Retirement System. Company insiders that have sold Sonic Automotive company stock in the last year include David Bruton Smith, Heath Byrd, Jeff Dyke, and Victor H Doolan.
View insider buying and selling activity for Sonic Automotive or view top insider-selling stocks.

SAH stock was bought by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Wedge Capital Management L L P NC, Strs Ohio, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Sonic Automotive or or view top insider-buying stocks.

Shares of SAH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SAH stock can currently be purchased for approximately $41.67.

Sonic Automotive has a market capitalization of $1.75 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]