Sonic Automotive, Inc. (SAH)

NYSE: SAH · IEX Real-Time Price · USD
52.23
-0.03 (-0.06%)
Mar 28, 2023, 4:00 PM EDT - Market closed
-0.06%
Market Cap 1.88B
Revenue (ttm) 14.00B
Net Income (ttm) 88.50M
Shares Out 36.04M
EPS (ttm) 2.23
PE Ratio 23.42
Forward PE 6.02
Dividend $1.06 (2.03%)
Ex-Dividend Date Mar 14, 2023
Volume 258,022
Open 52.06
Previous Close 52.26
Day's Range 51.83 - 53.08
52-Week Range 34.17 - 62.26
Beta 1.85
Analysts Sell
Price Target 61.88 (+18.48%)
Earnings Date Apr 27, 2023

About SAH

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. 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 cars and light tru... [Read more]

IPO Date Nov 12, 1997
Employees 10,200
Stock Exchange NYSE
Ticker Symbol SAH
Full Company Profile

Financial Performance

In 2022, SAH's revenue was $14.00 billion, an increase of 12.94% compared to the previous year's $12.40 billion. Earnings were $88.50 million, a decrease of -74.63%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SAH stock is "Sell." The 12-month stock price forecast is $61.88, which is an increase of 18.48% from the latest price.

Price Target
$61.88
(18.48% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Why Is Sonic Automotive (SAH) Down 13% Since Last Earnings Report?

Sonic Automotive (SAH) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Sonic Automotive Announces Grand Opening of Audi Downtown Nashville

An innovative, technology-driven guest experience center located in the heart of downtown Nashville

2 weeks ago - Business Wire

Sonic Automotive Announces Promotion of Angela Broadway to Chief Human Resources Officer

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation's largest automotive retailers, today announced the promoti...

1 month ago - Business Wire

New Strong Sell Stocks for February 23rd

EQX, FRBA and SAH have been added to the Zacks Rank #5 (Strong Sell) List on February 23, 2023.

Other symbols: EQXFRBA
1 month ago - Zacks Investment Research

Sonic's (SAH) Q4 Earnings Surpass Estimates, Struggle On Y/Y Basis

Sonic (SAH) beats Q4 Earnings Estimates due to better-than-expected sales performance in the EchoPark segment.

1 month ago - Zacks Investment Research

Sonic Automotive Touts Omnichannel Car Buying Amid Record Sales

Sonic Automotive said last year's investment in omnichannel used car stores has paid off. The auto retailer's latest earnings report showed that its EchoPark preowned vehicle business saw record reven...

1 month ago - PYMNTS

Sonic Automotive (SAH) Tops Q4 Earnings and Revenue Estimates

Sonic Automotive (SAH) delivered earnings and revenue surprises of 15.49% and 3.98%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Sonic Automotive Announces Acquisition of Black Hills Harley-Davidson, Home of the Sturgis Motorcycle Rally

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic'' or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation's largest automotive retailers, today announced the acquisi...

1 month ago - Business Wire

Sonic Automotive Reports All-Time Record Fourth Quarter and Full Year Revenues

All-time record quarterly revenues of $3.6 billion, up 13% year-over-year; record fourth quarter gross profit of $576.1 million, up 9% year-over-year Reported fourth quarter net loss of $190.9 million...

1 month ago - Business Wire

Earnings Preview: Sonic Automotive (SAH) Q4 Earnings Expected to Decline

Sonic Automotive (SAH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

7 Long-Term Stocks Every Smart Investor Should Own in 2023

Although the volatility of last year may tempt contrarians to go big this year, some funds should be dedicated to long-term stocks to own. Don't get me wrong – under the right circumstances, taking po...

Other symbols: BHPCVEDUKHRBVVVXOM
2 months ago - InvestorPlace

7 Short-Squeeze Stocks Ready to Make Hedge Funds Wince

In the first few weeks of 2023, the rise of risk-on assets (including cryptocurrencies) confirms that you don't want to make any assumptions about short-squeeze stocks. True, on an elemental basis, se...

Other symbols: BIGBYNDGEOLMNDWRBYYOU
2 months ago - InvestorPlace

Sonic Automotive Schedules Release of 2022 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 releas...

2 months ago - Business Wire

7 Short-Squeeze Stocks for Contrarians to Consider

While it's always risky to go against the masses, certain short-squeeze stocks for contrarians to consider may perform surprisingly well. Invariably, even the collective sometimes gets things wrong.

Other symbols: BIGCHWYCWHEVGOLINDWRBY
2 months ago - InvestorPlace

EchoPark Automotive Is Excited to Be a Part of #HolidaysWithMarcus

CHARLOTTE, N.C.--(BUSINESS WIRE)--Marcus Lemonis, business mogul, TV personality, motivational speaker, and most importantly, philanthropist, is at it again this holiday season with another holiday ...

3 months ago - Business Wire

Here's Why Investors Should Hold Sonic Automotive (SAH) Now

Sonic (SAH) gains from buyouts that add to revenues. Its EchoPark unit provides ample growth visibility.

4 months ago - Zacks Investment Research

Used auto prices down 2.4% since last month

CNBC's Phil LeBeau joins 'The Exchange' to discuss the decline in used car prices, gains automotive dealership stocks are experiencing and signs in the automotive industry that inflation is declining.

Other symbols: ANCVNAGPIKMXLADPAG
4 months ago - CNBC Television

Sonic (SAH) Lags Q3 Earnings Estimates, Raises Dividend by 12%

Sonic (SAH) reports earnings and sales miss in third-quarter 2022. Its top and bottom lines see year-over-year growth.

5 months ago - Zacks Investment Research

Sonic Automotive (SAH) Q3 Earnings and Revenues Lag Estimates

Sonic Automotive (SAH) delivered earnings and revenue surprises of -10.80% and 3.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Sonic Automotive Reports Record Third Quarter Results

CHARLOTTE, N.C.

5 months ago - Business Wire

Sonic Automotive (SAH) Earnings Expected to Grow: Should You Buy?

Sonic Automotive (SAH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

4 Stocks to Watch as Auto Retail Industry Holds its Ground

Auto Retail industry participants ABG, RUSHA, GPI and SAH hold promise, thanks to their digitization and expansion efforts along with investor-friendly moves amid increasing economic uncertainties.

Other symbols: ABGGPIRUSHA
5 months ago - Zacks Investment Research

Wall Street eyes auto industry earnings for signs of 'demand destruction'

Wall Street will be watching the auto industry's earnings results for signs of weakening consumer demand amid recessionary fears.

Other symbols: ABG
5 months ago - CNBC

Auto dealers are growing profits as low vehicle supply has customers paying sticker-price

Daniel Imbro, managing director at Stephens, joins 'Power Lunch' to discuss limited inventory on the new car front, increasing per unit probability for auto dealers, and the supply chain issues contri...

Other symbols: CRMTKMX
6 months ago - CNBC Television

Sonic Automotive Schedules Release of 2022 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 ...

6 months ago - Business Wire