Sonic Automotive (SAH) Projected to Post Earnings on Thursday

Sonic Automotive (NYSE:SAH - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $3.47 billion for the quarter.

Sonic Automotive (NYSE:SAH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.05. Sonic Automotive had a return on equity of 19.96% and a net margin of 1.52%. On average, analysts expect Sonic Automotive to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sonic Automotive Stock Up 2.3 %

Shares of NYSE SAH traded up $1.36 during midday trading on Tuesday, hitting $59.53. 3,360 shares of the stock traded hands, compared to its average volume of 196,003. The company has a market cap of $2.01 billion, a PE ratio of 9.62 and a beta of 1.43. The business has a 50 day moving average price of $63.08 and a two-hundred day moving average price of $64.16. 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 has a one year low of $48.61 and a one year high of $76.78.

Sonic Automotive Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend was Friday, March 14th. Sonic Automotive's payout ratio is currently 22.65%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. StockNews.com raised Sonic Automotive from a "hold" rating to a "buy" rating in a research report on Monday. Needham & Company LLC decreased their target price on Sonic Automotive from $100.00 to $93.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. Stephens upped their price target on shares of Sonic Automotive from $83.00 to $92.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. reduced their price target on Sonic Automotive from $80.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Sonic Automotive presently has an average rating of "Buy" and a consensus price target of $74.80.

About Sonic Automotive

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.