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NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$81.26
-0.74 (-0.90%)
(As of 05/22/2024 ET)
Today's Range
$81.18
$81.81
50-Day Range
$75.40
$89.62
52-Week Range
$75.11
$100.94
Volume
596,787 shs
Average Volume
1.11 million shs
Market Capitalization
$100.29 billion
P/E Ratio
14.94
Dividend Yield
0.49%
Price Target
$108.00

Sony Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
32.9% Upside
$108.00 Price Target
Short Interest
Healthy
0.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Sony Group in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.10%
From $5.84 to $6.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.07 out of 5 stars

Consumer Discretionary Sector

159th out of 268 stocks

Household Audio & Video Equipment Industry

4th out of 8 stocks

SONY stock logo

About Sony Group Stock (NYSE:SONY)

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 Stock Price History

SONY Stock News Headlines

Sony Group, The Container Store rise; Alibaba, Smart Sand fall, Tuesday, 5/14/2024
Stocks that are trading heavily or have substantial price changes on Tuesday: Sony Group, The Container Store rise; Alibaba, Smart Sand fall
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Sony Group (NYSE:SONY) Rating Increased to Buy at StockNews.com
Sony Group (NYSE:SONY) Raised to Buy at StockNews.com
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/22/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
N/A
Employees
113,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$108.00
High Stock Price Target
$108.00
Low Stock Price Target
$108.00
Potential Upside/Downside
+32.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$6.70 billion
Pretax Margin
9.74%

Debt

Sales & Book Value

Annual Sales
$90.19 billion
Cash Flow
$11.51 per share
Book Value
$43.36 per share

Miscellaneous

Outstanding Shares
1,234,220,000
Free Float
1,147,827,000
Market Cap
$100.29 billion
Optionable
Optionable
Beta
0.95
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SONY Stock Analysis - Frequently Asked Questions

Should I buy or sell Sony Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sony Group 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 "moderate buy" SONY shares.
View SONY analyst ratings
or view top-rated stocks.

What is Sony Group's stock price target for 2024?

5 Wall Street analysts have issued 12-month target prices for Sony Group's stock. Their SONY share price targets range from $108.00 to $108.00. On average, they predict the company's share price to reach $108.00 in the next year. This suggests a possible upside of 32.9% 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 2024?

Sony Group's stock was trading at $94.69 at the beginning of the year. Since then, SONY shares have decreased by 14.2% and is now trading at $81.26.
View the best growth stocks for 2024 here
.

Are investors shorting Sony Group?

Sony Group saw a decrease in short interest in April. As of April 15th, there was short interest totaling 1,450,000 shares, a decrease of 26.0% from the March 31st total of 1,960,000 shares. Based on an average trading volume of 776,900 shares, the short-interest ratio is currently 1.9 days. Approximately 0.1% of the shares of the company are short sold.
View Sony Group's Short Interest
.

When is Sony Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our SONY earnings forecast
.

How were Sony Group's earnings last quarter?

Sony Group Co. (NYSE:SONY) released its earnings results on Tuesday, May, 14th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.21. The firm had revenue of $23.45 billion for the quarter, compared to analyst estimates of $18.97 billion. Sony Group had a net margin of 7.95% and a trailing twelve-month return on equity of 13.05%. During the same quarter last year, the firm posted $0.78 earnings per share.

Is Sony Group a good dividend stock?

Sony Group (NYSE:SONY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 6.22% 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 2024 earnings guidance on Tuesday, May, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $84.9 billion-$84.9 billion, compared to the consensus revenue estimate of $80.9 billion.

Who are Sony Group's major shareholders?

Sony Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mondrian Investment Partners LTD (0.21%), Clearbridge Investments LLC (0.13%), Gamco Investors INC. ET AL (0.11%), Gabelli Funds LLC (0.11%), Sei Investments Co. (0.05%) and Minneapolis Portfolio Management Group LLC (0.03%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SONY) was last updated on 5/23/2024 by MarketBeat.com Staff

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