What is Seaport Res Ptn's Estimate for SAH FY2025 Earnings?

Sonic Automotive, Inc. (NYSE:SAH - Free Report) - Seaport Res Ptn boosted their FY2025 earnings per share (EPS) estimates for Sonic Automotive in a report issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings of $6.00 per share for the year, up from their prior estimate of $5.84. The consensus estimate for Sonic Automotive's current full-year earnings is $6.14 per share.

SAH has been the subject of several other research reports. StockNews.com upgraded shares of Sonic Automotive from a "hold" rating to a "buy" rating in a research report on Monday. Needham & Company LLC dropped their price objective on shares of 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 objective on Sonic Automotive from $83.00 to $92.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. lowered their target price on Sonic Automotive from $80.00 to $65.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $74.80.

Sonic Automotive Trading Up 2.7 %

Shares of SAH stock opened at $59.72 on Wednesday. The firm has a market capitalization of $2.01 billion, a P/E ratio of 9.66 and a beta of 1.43. Sonic Automotive has a 1 year low of $49.77 and a 1 year high of $76.78. The firm's fifty day simple moving average is $62.80 and its 200 day simple moving average is $64.13. The company has a current ratio of 1.09, a quick ratio of 0.35 and a debt-to-equity ratio of 1.75.

Sonic Automotive (NYSE:SAH - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $1.51 earnings per share (EPS) for the quarter, beating 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%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its stake in Sonic Automotive by 515.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 480 shares of the company's stock valued at $30,000 after buying an additional 402 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Sonic Automotive in the 4th quarter valued at approximately $51,000. R Squared Ltd bought a new position in Sonic Automotive during the 4th quarter worth approximately $72,000. Aster Capital Management DIFC Ltd grew its holdings in Sonic Automotive by 1,429.7% during the fourth 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 during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in Sonic Automotive in the fourth quarter valued at approximately $185,000. 46.92% of the stock is currently owned by institutional investors.

Sonic Automotive Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend was Friday, March 14th. Sonic Automotive's payout ratio is 22.65%.

Sonic Automotive Company Profile

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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