Sonic Automotive (SAH) News Today

Sonic Automotive, Inc. (NYSE:SAH - Free Report) - Stock analysts at Seaport Res Ptn cut their FY2025 earnings per share estimates for shares of Sonic Automotive in a research report issued to clients and investors on Thursday, July 18th. Seaport Res Ptn analyst G. Chin now forecasts that the comp

Vanguard Group Inc. reduced its stake in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,588,323 shares of the company'

Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) has earned a consensus rating of "Hold" from the four brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to t

Goldman Sachs Group Inc. reduced its stake in Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 353,366 shares of the company's stock after selling 39,

Quadrature Capital Ltd purchased a new position in Sonic Automotive, Inc. (NYSE:SAH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 30,645 shares of the company's stock, valued at appr

Hotchkis & Wiley Capital Management LLC decreased its holdings in Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 891,616 shares of the company's stock after selling

Quadrature Capital Ltd acquired a new stake in Sonic Automotive, Inc. (NYSE:SAH - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,645 shares of the company's stock, valued at approximately $1,724,000. Quadrat

JPMorgan Chase & Co. upgraded Sonic Automotive from an "underweight" rating to a "neutral" rating and upped their price objective for the company from $53.00 to $58.00 in a research note on Monday.

Westwood Holdings Group Inc. purchased a new position in Sonic Automotive, Inc. (NYSE:SAH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 559,910 shares of the company's stock, valued at

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,139 shar

Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) President Jeff Dyke sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $56.76, for a total value of $851,400.00. Following the completion of the transaction, the president now owns 161,622 shares of the company's stock, valued at $9,173,664.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

BNP Paribas Financial Markets increased its position in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 125.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,175 shares of the company's stock

Dimensional Fund Advisors LP reduced its position in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 3.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,861,315 shares of the company's stock after selling 60,326 shares during the quarter. Dime

Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) CEO David Bruton Smith sold 67,703 shares of the business's stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $58.43, for a total transaction of $3,955,886.29. Following the sale, the chief executive officer now owns 583,054 shares in the company, valued at approximately $34,067,845.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

LSV Asset Management lessened its position in shares of Sonic Automotive, Inc. (NYSE:SAH - Free Report) by 42.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,100 shares of the company's stock after sel

JPMorgan Chase & Co. lifted their price target on Sonic Automotive from $48.00 to $53.00 and gave the stock an "underweight" rating in a report on Thursday.

Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) CEO David Bruton Smith sold 3,861 shares of the firm's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $61.43, for a total transaction of $237,181.23. Following the transaction, the chief executive officer now directly owns 583,054 shares in the company, valued at approximately $35,817,007.22. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Sonic Automotive (NYSE:SAH - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.13. Sonic Automotive had a net margin of 1.24% and a return on equity of 28.06%. The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same quarter in the prior year, the business earned $1.33 EPS. Sonic Automotive's quarterly revenue was down 2.6% on a year-over-year basis.

Sonic Automotive (NYSE:SAH) Hits New 52-Week High on Better-Than-Expected Earnings

Sonic Automotive, Inc. (NYSE:SAH) announced a quarterly dividend on Thursday, April 25th. Investors of record on Friday, June 14th will be given a dividend of 0.30 per share on Monday, July 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Friday, June 14th.

Bank of America upgraded shares of Sonic Automotive from an "underperform" rating to a "buy" rating and raised their price target for the stock from $55.00 to $68.00 in a research report on Friday.

Sonic Automotive (NYSE:SAH) Shares Gap Up to $51.12

Shares of Sonic Automotive, Inc. (NYSE:SAH - Get Free Report) have received an average rating of "Reduce" from the four brokerages that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. T

Sonic Automotive (NYSE:SAH) Stock Price Down 2.8%