Sonic Automotive, Inc. (SAH)
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]
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 StatementsAnalyst 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.
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?

Sonic Automotive Announces Grand Opening of Audi Downtown Nashville
An innovative, technology-driven guest experience center located in the heart of downtown Nashville

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...

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.

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.

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...

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?

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...

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...

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.

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...

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...

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...

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.

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 ...

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.
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.

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.

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?

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.

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.

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.
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...

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 ...