NYSE:SAH - Sonic Automotive Stock Price, Forecast & News

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

Sonic Automotive announced a quarterly dividend on Thursday, October 24th. Stockholders of record on Friday, December 13th will be given a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 12th. View Sonic Automotive's Dividend History.

Sonic Automotive Inc (NYSE:SAH) released its quarterly earnings data on Thursday, October, 24th. The company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The company had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.60 billion. Sonic Automotive had a net margin of 1.16% and a return on equity of 12.20%. The company's revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the business earned $0.43 earnings per share. View Sonic Automotive's Earnings History.

Sonic Automotive is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Sonic Automotive.

Sonic Automotive will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 brokers have issued 1-year target prices for Sonic Automotive's shares. Their forecasts range from $20.00 to $40.00. On average, they anticipate Sonic Automotive's stock price to reach $31.40 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Sonic Automotive.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonic Automotive in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonic Automotive.

Press coverage about SAH stock has trended extremely negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sonic Automotive earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Sonic Automotive.

Sonic Automotive saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,020,000 shares, an increase of 7.2% from the December 15th total of 3,750,000 shares. Based on an average daily volume of 336,100 shares, the days-to-cover ratio is currently 12.0 days. Approximately 18.2% of the company's shares are short sold. View Sonic Automotive's Current Options Chain.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonic Automotive investors own include Verizon Communications (VZ), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), AbbVie (ABBV), Costco Wholesale (COST), Cisco Systems (CSCO), Alibaba Group (BABA), Pfizer (PFE), Baidu (BIDU) and Intel (INTC).

Sonic Automotive's stock is owned by a variety of of retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.17%), Janney Montgomery Scott LLC (0.17%), Strs Ohio (0.05%), Alpha Windward LLC (0.03%), Campbell & CO Investment Adviser LLC (0.03%) and Louisiana State Employees Retirement System (0.02%). 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 sold by a variety of institutional investors in the last quarter, including Alpha Windward LLC, Strs Ohio and Louisiana State 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.

SAH stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Campbell & CO Investment Adviser LLC and New York State Teachers Retirement System. 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 $30.46.

Sonic Automotive has a market capitalization of $1.31 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]