NYSE:SONY

Sony Group (SONY) Stock Forecast, Price & News

$81.67

-0.74 (-0.90%)

(As of 10/2/2023 ET)

Compare

Today's Range: $81.20
▼
$82.04
50-Day Range: $81.04
▼
$93.76
52-Week Range: $61.72
▼
$100.94

Volume: 473,375 shs
Average Volume: 554,707 shs
Market Capitalization: $100.78 billion

P/E Ratio: 14.93
Dividend Yield: 0.51%
Price Target: $110.00

Sony Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.7% Upside
$110.00 Price Target
Short Interest: Healthy
0.11% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.03
Based on 18 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.77%
From $5.55 to $6.37 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Consumer Discretionary Sector

63rd out of 274 stocks

Household Audio & Video Equipment Industry

2nd out of 7 stocks

3.5

Analyst's Opinion

Consensus Rating
Sony Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $110.00, Sony Group has a forecasted upside of 34.7% from its current price of $81.67.
Amount of Analyst Coverage
Sony Group has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.11% of the float of Sony Group has been sold short.
Short Interest Ratio / Days to Cover
Sony Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sony Group has recently decreased by 13.21%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Sony Group has a dividend yield of 0.51%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sony Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sony Group is 7.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sony Group will have a dividend payout ratio of 6.59% next year. This indicates that Sony Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SONY.

1.7

News and Social Media Coverage

News Sentiment
Sony Group has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Sony Group this week, compared to 13 articles on an average week.
Search Interest
Only 15 people have searched for SONY on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
MarketBeat Follows
14 people have added Sony Group to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sony Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.00% of the stock of Sony Group is held by insiders.
Percentage Held by Institutions
Only 8.02% of the stock of Sony Group is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sony Group are expected to grow by 14.77% in the coming year, from $5.55 to $6.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sony Group is 14.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sony Group is 14.93, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.60.
Price to Earnings Growth Ratio
Sony Group has a PEG Ratio of 3.47. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sony Group has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sony Group (NYSE:SONY) Stock

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, it researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan.

SONY Price History

30 days | 90 days | 365 days | Advanced Chart

SONY Stock News Headlines

September 30, 2023 | finance.yahoo.com

Sony has hidden the KOTOR Remake trailer sparking even more cancelation rumors

September 29, 2023 | seekingalpha.com

Checking In On Sony's Sum Of The Parts Analysis (Reiterating Buy Rating)

October 3, 2023 | Chaikin Analytics (Ad)

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September 29, 2023 | seekingalpha.com

Sony: Uncertainty Over Management Changes (Rating Downgrade)

September 29, 2023 | msn.com

Sony-Zee Merger Delayed – Global Bulletin

September 29, 2023 | msn.com

Sony Group says Zee-Sony merger to take a few more months: Report

September 29, 2023 | finance.yahoo.com

Sony doubles down on virtual production business using its hardware muscle

September 28, 2023 | msn.com

PlayStation Boss Jim Ryan To Retire From Sony Next Spring After Long Career

October 3, 2023 | Goldco (Ad)

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September 28, 2023 | msn.com

Sony gaming chief Jim Ryan to retire, group president to be interim head

September 28, 2023 | msn.com

Sony PlayStation CEO Jim Ryan to retire in March 2024; Hiroki Totoki takes interim CEO role

September 28, 2023 | msn.com

Sony Hack: What happened and who is behind it?

September 28, 2023 | finance.yahoo.com

Sony: with game over for Ryan, PlayStation needs new ringmaster

September 27, 2023 | finance.yahoo.com

UPDATE 4-Sony gaming chief Jim Ryan to retire, group president to be interim head

September 27, 2023 | yahoo.com

Sony is "investigating" a report all of its systems have been hacked

September 27, 2023 | msn.com

PlayStation leader Jim Ryan to retire after 28 years with Sony

September 27, 2023 | sg.news.yahoo.com

Ransomware group claims to have hacked 'all of Sony systems,' Sony is investigating

September 26, 2023 | msn.com

Sony Cuts Ties With Gaming Heads, Reportedly Orders Them to Destroy All Stock

September 25, 2023 | msn.com

Sony PlayStation Hack: What We Know So Far About the LAPSUS$ Cyberattack

September 25, 2023 | msn.com

‘All Sony Systems’ Reportedly Breached by Ransomware Group

September 25, 2023 | msn.com

Hackers Say They've Breached "All Sony Systems", Threaten To Sell Stolen Data

September 21, 2023 | benzinga.com

Here's How Much $1000 Invested In Sony Group 10 Years Ago Would Be Worth Today

September 21, 2023 | nypost.com

Emily Ratajkowski’s podcast canceled as Sony lays off staffers

September 20, 2023 | msn.com

Emily Ratajkowski’s podcast cancelled as Sony lays off staffers

September 19, 2023 | msn.com

Nick Offerman's Dumb Money Role Could Spark Legal Trouble For Sony

September 15, 2023 | msn.com

Screen Gems President Steve Bersch To Step Down After 16 Years At Sony

September 15, 2023 | msn.com

Screen Gems President Steve Bersch Stepping Down After 16-Year Sony Run

See More Headlines

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SONY Company Calendar

Last Earnings: 8/09/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Household audio & video equipment
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:SONY
CUSIP: N/A
CIK: 313838
Web: www.sony.com
Phone: (136) 748-2111
Fax: 813-6748-2061
Employees: 113,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $110.00
High Stock Price Forecast: $118.00
Low Stock Price Forecast: $102.00
Forecasted Upside/Downside: +34.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.47
Trailing P/E Ratio: 14.93
Forward P/E Ratio: 14.72
P/E Growth: 3.47
Net Income: $6.93 billion
Net Margins: 8.08%
Pretax Margin: 10.13%
Return on Equity: 13.36%
Return on Assets: 2.94%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 0.65
Quick Ratio: 0.47

Sales & Book Value

Annual Sales: $85.23 billion
Price / Sales: 1.18
Cash Flow: $11.91 per share
Price / Cash Flow: 6.86
Book Value: $43.71 per share
Price / Book: 1.87

Miscellaneous

Outstanding Shares: 1,233,980,000
Free Float: 1,147,603,000
Market Cap: $100.78 billion
Optionable: Optionable
Beta: 1.03

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Key Executives

Mr. Kenichiro Yoshida (Age 64)
CEO, Representative Corp. Exec. Officer & Chairman
Comp: $4.41M

Mr. Hiroki Totoki (Age 59)
Pres, COO, CFO, Representative Corp. Exec. Officer & Director
Comp: $1.51M

Dr. Hiroaki Kitano Ph.D. (Age 62)
Sr. EVP & CTO, Corp. Exec. Officer
Comp: $683.47k

Mr. Shiro Kambe (Age 62)
Sr. EVP & Corp. Exec. Officer
Comp: $697k

Mr. Kazushi Ambe (Age 62)
Sr. EVP & Corp. Exec. Officer
Comp: $690.23k

Mr. Toshimoto Mitomo (Age 60)
Exec. Deputy Pres, CSO & Corp. Exec. Officer
Comp: $683.47k

J. Justin Hill
Sr. VP of Fin. & Investor Relations and Head of Investor Relations

Ms. Natsuko Takei
Sr. Gen. Mang. of Legal & Compliance Department

Mr. Shoji Nemoto (Age 67)
Head of Disc Manufacturing Bus.

Yasuhiro Ueda
Head of Technology Policy & Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SONY Stock - Frequently Asked Questions

Should I buy or sell Sony Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sony Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SONY shares.
View SONY analyst ratings or view top-rated stocks.
What is Sony Group's stock price forecast for 2023?: 2 analysts have issued 1 year price targets for Sony Group's shares. Their SONY share price forecasts range from $102.00 to $118.00. On average, they anticipate the company's stock price to reach $110.00 in the next year. This suggests a possible upside of 34.7% from the stock's current price.
View analysts price targets for SONY or view top-rated stocks among Wall Street analysts.
How have SONY shares performed in 2023?: Sony Group's stock was trading at $76.28 on January 1st, 2023. Since then, SONY shares have increased by 7.1% and is now trading at $81.67.
View the best growth stocks for 2023 here.
When is Sony Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our SONY earnings forecast.
How were Sony Group's earnings last quarter?: Sony Group Co. (NYSE:SONY) announced its earnings results on Wednesday, August, 9th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.34. The company earned $16.65 billion during the quarter, compared to analysts' expectations of $18.62 billion. Sony Group had a net margin of 8.08% and a trailing twelve-month return on equity of 13.36%.
What ETFs hold Sony Group's stock?: ETFs with the largest weight of Sony Group (NYSE:SONY) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ), ProShares Metaverse ETF (VERS), Amplify International Enhanced Dividend Income ETF (IDVO), Avantis International Large Cap Value ETF (AVIV), ActivePassive International Equity ETF (APIE), Wedbush ETFMG Video Game Tech ETF (GAMR), Pacer Trendpilot International ETF (PTIN) and Avantis Responsible International Equity ETF (AVSD).

Is Sony Group a good dividend stock?: Sony Group (NYSE:SONY) pays an annual dividend of $0.42 per share and currently has a dividend yield of 0.51%. The dividend payout ratio is 7.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 6.59% next year. This indicates that the company will be able to sustain or increase its dividend.
What guidance has Sony Group issued on next quarter's earnings?: Sony Group issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $90.37 billion-$90.37 billion.
What is Sony Group's stock symbol?: Sony Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SONY."
How do I buy shares of Sony Group?: Shares of SONY stock 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.
Compare Top Brokerages Here.
What is Sony Group's stock price today?: One share of SONY stock can currently be purchased for approximately $81.67.
How much money does Sony Group make?: Sony Group (NYSE:SONY) has a market capitalization of $100.78 billion and generates $85.23 billion in revenue each year. The company earns $6.93 billion in net income (profit) each year or $5.47 on an earnings per share basis.
How many employees does Sony Group have?: The company employs 113,000 workers across the globe.
How can I contact Sony Group?: Sony Group's mailing address is 1-7-1 KONAN MINATO-KU, TOKYO M0, 108-0075. The official website for the company is www.sony.com. The company can be reached via phone at (136) 748-2111, via email at ir@sony.com, or via fax at 813-6748-2061.

This page (NYSE:SONY) was last updated on 10/3/2023 by MarketBeat.com Staff

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Sony Group (SONY) Stock Forecast, Price & News

Sony Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sony Group (NYSE:SONY) Stock

SONY Price History

SONY Stock News Headlines

SONY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SONY Stock - Frequently Asked Questions

Overall MarketRank^™