Sonic Automotive (SAH) Expected to Release Earnings on Thursday

Sonic Automotive (NYSE:SAHGet Free Report) will likely be posting its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Sonic Automotive to post earnings of $1.75 per share and revenue of $3.7830 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Sonic Automotive (NYSE:SAHGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.62 EPS for the quarter, topping the consensus estimate of $1.40 by $0.22. The business had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.73 billion. Sonic Automotive had a net margin of 0.72% and a return on equity of 22.45%. Sonic Automotive’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.48 earnings per share. On average, analysts expect Sonic Automotive to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sonic Automotive Price Performance

Shares of SAH opened at $100.90 on Thursday. Sonic Automotive has a fifty-two week low of $54.11 and a fifty-two week high of $104.30. The firm’s 50-day simple moving average is $84.85 and its two-hundred day simple moving average is $72.14. The stock has a market cap of $3.19 billion, a PE ratio of 32.13, a price-to-earnings-growth ratio of 1.49 and a beta of 0.89. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.29 and a current ratio of 1.03.

Sonic Automotive Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Sonic Automotive’s previous quarterly dividend of $0.38. Sonic Automotive’s payout ratio is presently 52.23%.

Analysts Set New Price Targets

SAH has been the topic of several recent research reports. Citigroup upped their price target on Sonic Automotive from $82.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Barclays lifted their price objective on Sonic Automotive from $77.00 to $92.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. UBS Group boosted their target price on Sonic Automotive from $90.00 to $109.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of Sonic Automotive in a report on Tuesday, March 31st. Finally, Bank of America lifted their price target on Sonic Automotive from $91.00 to $108.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sonic Automotive currently has a consensus rating of “Hold” and an average target price of $90.67.

Get Our Latest Stock Analysis on SAH

Insider Buying and Selling at Sonic Automotive

In other news, President Jeff Dyke sold 50,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $82.97, for a total transaction of $4,148,500.00. Following the transaction, the president directly owned 111,622 shares of the company’s stock, valued at $9,261,277.34. This represents a 30.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 100,000 shares of company stock valued at $8,408,160 in the last three months. 43.68% of the stock is owned by insiders.

Hedge Funds Weigh In On Sonic Automotive

A number of hedge funds have recently bought and sold shares of SAH. Northwestern Mutual Wealth Management Co. lifted its stake in Sonic Automotive by 992.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 437 shares of the company’s stock valued at $35,000 after acquiring an additional 397 shares during the period. National Bank of Canada FI bought a new stake in shares of Sonic Automotive in the third quarter worth approximately $78,000. Raymond James Financial Inc. bought a new stake in shares of Sonic Automotive in the second quarter worth approximately $168,000. Wexford Capital LP purchased a new position in shares of Sonic Automotive during the third quarter valued at approximately $212,000. Finally, Creative Planning purchased a new position in shares of Sonic Automotive during the second quarter valued at approximately $213,000. Hedge funds and other institutional investors own 46.92% of the company’s stock.

About Sonic Automotive

(Get Free Report)

Sonic Automotive, Inc is a publicly traded automotive retailer that operates a network of franchised new-car dealerships and used-vehicle dealerships across the United States. Headquartered in Charlotte, North Carolina, the company offers a range of services that include vehicle sales, leasing, finance and insurance products, service and parts, and collision repair. Sonic Automotive’s dealerships represent numerous major automotive brands, and the company also markets a broad selection of pre-owned vehicles under its own banner.

In addition to its core dealership operations, Sonic Automotive has developed digital retail capabilities that allow customers to research, shop and complete transactions online.

See Also

Earnings History for Sonic Automotive (NYSE:SAH)

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