Sonic Automotive, Inc. (SAH)
Market Cap | 2.11B |
Revenue (ttm) | 13.91B |
Net Income (ttm) | 196.10M |
Shares Out | 34.19M |
EPS (ttm) | 5.63 |
PE Ratio | 10.95 |
Forward PE | 10.37 |
Dividend | $1.40 (2.27%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 102,746 |
Open | 62.13 |
Previous Close | 62.57 |
Day's Range | 61.03 - 62.13 |
52-Week Range | 47.82 - 67.15 |
Beta | 1.62 |
Analysts | Buy |
Price Target | 67.40 (+9.27%) |
Earnings Date | Oct 24, 2024 |
About SAH
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. The EchoPark segment sells used ca... [Read more]
Financial Performance
In 2023, Sonic Automotive's revenue was $14.37 billion, an increase of 2.65% compared to the previous year's $14.00 billion. Earnings were $178.20 million, an increase of 101.36%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SAH stock is "Buy." The 12-month stock price forecast is $67.4, which is an increase of 9.27% from the latest price.
News
Sonic Automotive, Inc. (SAH) Q3 2024 Earnings Conference Call Transcript
Sonic Automotive, Inc. (NYSE:SAH) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Smith - Chairman and CEO Heath Byrd - EVP and CFO Jeff Dyke - President Dann...
Sonic Automotive Reports Third Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we” “us” or “our”) (NYSE:SAH), one of the nation's largest automotive retailers, today reported f...
$2 Million Hurricane Relief Donation Made by Four Leading North Carolina Companies
CHARLOTTE, N.C.--(BUSINESS WIRE)--$2 MILLION HURRICANE RELIEF DONATION MADE BY FOUR LEADING NORTH CAROLINA COMPANIES.
Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results.
CDK Extends Relationship With Sonic Automotive
AUSTIN, Texas--(BUSINESS WIRE)-- #CDKGlobal--CDK, the leading automotive retail software provider, today announced the extension of its agreement with Sonic Automotive, Inc. (NYSE: SAH), one of the na...
Sonic Automotive's Strategic Response To Digital Car-Buying Trends
Sonic Automotive is adapting to digital car-buying trends with its EchoPark platform, enhancing its position in the growing pre-owned vehicle market. Despite a 7.5% revenue decline, Sonic maintains st...
Sonic Automotive: Online Presence Expansion, Inorganic Growth, Very Undervalued
Sonic Automotive is investing in online platforms and dealership acquisitions, enhancing customer experience and expanding revenue growth across the U.S. The decline in late-model used vehicles and on...
Sonic Automotive Reports Second Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Reports Second Quarter 2024 Financial Results.
Sonic Automotive Schedules Release of Second Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release ...
Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer.
Sonic Automotive: Focus On Pre-Owned Vehicle Business And Share Repurchases
The better-than-expected operating profitability of Sonic Automotive's pre-owned vehicle business (EchoPark) was the main factor contributing to the company's +4.8% Q1 earnings beat. SAH has decreased...
Sonic Automotive, Inc. (SAH) Q1 2024 Earnings Call Transcript
Sonic Automotive, Inc. (NYSE:SAH) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants David Smith - Chairman & CEO Heath Byrd - CFO Jeff Dyke - President Danny Wieland - ...
Sonic Automotive Reports First Quarter Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Reports First Quarter Financial Results.
Sonic Automotive Schedules Release of 2024 First Quarter Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of 2024 First Quarter Financial Results.
Sonic Automotive, Inc. (SAH) Q4 2023 Earnings Call Transcript
Sonic Automotive, Inc. (SAH) Q4 2023 Earnings Call Transcript
Sonic Automotive Reports Fourth Quarter and Full Year Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation's largest automotive retailers, today reported ...
Sonic Automotive: Despite Issues, Shares Still Offer Upside
Sonic Automotive's revenue has been growing, but its profitability and cash flows have declined. The company's EchoPark segment, focused on used vehicle sales, has been a major source of losses. Despi...
Sonic Automotive Schedules Release of 2023 Fourth Quarter and Full Year Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release ...
Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer.
15 Upcoming Dividend Increases
December is the last opportunity for companies to announce yearly dividend increases. 15 companies expected to raise their dividends in the upcoming week, with a focus on up-and-comers in the dividend...
Sonic Automotive: Watch Q4 Outlook And Potential Acquisitions (Rating Upgrade)
Sonic Automotive is expected to achieve a higher EBIT for Q4 as compared to Q3, taking into account SAH's inventory status and the company's expectations of EchoPark's future profitability. SAH appear...
Sonic Automotive, Inc. (SAH) Q3 2023 Earnings Call Transcript
Sonic Automotive, Inc. (NYSE:SAH) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants David Smith - Chairman & Chief Executive Officer Jeff Dyke - President Heath Byrd ...
Sonic Automotive Reports Record Third Quarter Revenues
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") (NYSE:SAH), one of the nation's largest automotive retailers, today reported ...
Sonic Automotive Schedules Release of 2023 Third Quarter Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release ...