Sonic Automotive, Inc. (NYSE:SAH - Free Report) - Analysts at Seaport Res Ptn raised their Q1 2025 earnings per share (EPS) estimates for shares of Sonic Automotive in a research note issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now expects that the company will post earnings per share of $1.33 for the quarter, up from their previous forecast of $1.26. The consensus estimate for Sonic Automotive's current full-year earnings is $6.14 per share. Seaport Res Ptn also issued estimates for Sonic Automotive's Q2 2025 earnings at $1.45 EPS, Q3 2025 earnings at $1.44 EPS, Q4 2025 earnings at $1.78 EPS and FY2026 earnings at $6.66 EPS.
Several other research analysts have also recently issued reports on SAH. Needham & Company LLC dropped their price objective on Sonic Automotive from $93.00 to $74.00 and set a "buy" rating on the stock in a research note on Thursday. Stephens raised their price target on Sonic Automotive from $83.00 to $92.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. lowered their price objective on shares of Sonic Automotive from $80.00 to $65.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. StockNews.com raised shares of Sonic Automotive from a "hold" rating to a "buy" rating in a research report on Monday. Finally, Citigroup began coverage on shares of Sonic Automotive in a research report on Wednesday. They issued a "neutral" rating and a $64.00 price target for the company. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Sonic Automotive presently has a consensus rating of "Moderate Buy" and an average price target of $69.83.
Check Out Our Latest Stock Analysis on SAH
Sonic Automotive Trading Up 0.3 %
Sonic Automotive stock traded up $0.16 during trading hours on Tuesday, hitting $60.28. The company had a trading volume of 254,523 shares, compared to its average volume of 197,790. The firm has a market cap of $2.03 billion, a P/E ratio of 9.75 and a beta of 1.43. The company has a 50-day moving average price of $62.24 and a two-hundred day moving average price of $64.12. Sonic Automotive has a 1 year low of $51.27 and a 1 year high of $76.78. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.35 and a current ratio of 1.09.
Sonic Automotive (NYSE:SAH - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.02. The firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.47 billion. Sonic Automotive had a net margin of 1.52% and a return on equity of 19.96%.
Sonic Automotive Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.40 annualized dividend and a dividend yield of 2.32%. Sonic Automotive's payout ratio is currently 22.65%.
Institutional Investors Weigh In On Sonic Automotive
Large investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in shares of Sonic Automotive by 515.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 480 shares of the company's stock worth $30,000 after buying an additional 402 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in Sonic Automotive in the 4th quarter worth approximately $51,000. R Squared Ltd acquired a new stake in shares of Sonic Automotive during the 4th quarter worth approximately $72,000. Aster Capital Management DIFC Ltd increased its holdings in shares of Sonic Automotive by 1,429.7% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,545 shares of the company's stock valued at $98,000 after purchasing an additional 1,444 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Sonic Automotive in the 4th quarter valued at $185,000. Hedge funds and other institutional investors own 46.92% of the company's stock.
About Sonic Automotive
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Sonic Automotive, Inc operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests.
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