Sonic Automotive, Inc. (NYSE:SAH) is set to post its quarterly earnings results on Friday, July 28th. Analysts expect Sonic Automotive to post earnings of $0.46 per share for the quarter.

Sonic Automotive (NYSE:SAH) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Sonic Automotive had a net margin of 0.80% and a return on equity of 12.03%. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, analysts expect Sonic Automotive to post $2.00 EPS for the current fiscal year and $2.12 EPS for the next fiscal year.

Sonic Automotive, Inc. (NYSE:SAH) opened at 19.65 on Friday. The company has a market cap of $884.07 million, a PE ratio of 11.41 and a beta of 1.54. Sonic Automotive, Inc. has a 12 month low of $16.53 and a 12 month high of $27.45. The stock’s 50 day moving average is $18.89 and its 200 day moving average is $20.54.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 13th. This represents a $0.20 annualized dividend and a dividend yield of 1.02%. Sonic Automotive’s payout ratio is 11.63%.

In other Sonic Automotive news, insider O Bruton Smith bought 19,273 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The shares were acquired at an average cost of $18.55 per share, for a total transaction of $357,514.15. Following the transaction, the insider now owns 676,609 shares in the company, valued at $12,551,096.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 30.29% of the stock is currently owned by insiders.

Several research analysts have recently issued reports on SAH shares. Jefferies Group LLC restated a “hold” rating and set a $22.00 price objective on shares of Sonic Automotive in a report on Wednesday, May 3rd. ValuEngine downgraded shares of Sonic Automotive from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. TheStreet downgraded shares of Sonic Automotive from a “b” rating to a “c+” rating in a report on Tuesday, May 30th. Finally, Morgan Stanley dropped their price objective on shares of Sonic Automotive from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Friday, June 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $21.75.

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Sonic Automotive Company Profile

Sonic Automotive, Inc is an automotive retailer in the United States. The Company’s operating segments include Franchised Dealerships and EchoPark. Its Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products.

Earnings History for Sonic Automotive (NYSE:SAH)

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