Sonic Automotive, Inc. (SAH)

NYSE: SAH · IEX Real-Time Price · USD
56.21
-1.33 (-2.31%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.31%
Market Cap 1.90B
Revenue (ttm) 14.38B
Net Income (ttm) -51.40M
Shares Out 33.89M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE 7.86
Dividend $1.20 (2.14%)
Ex-Dividend Date Dec 14, 2023
Volume 102,339
Open 57.61
Previous Close 57.54
Day's Range 56.14 - 57.96
52-Week Range 39.02 - 62.26
Beta 1.80
Analysts Buy
Price Target 49.60 (-11.76%)
Earnings Date Feb 14, 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]

IPO Date Nov 12, 1997
Employees 10,300
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 5 analysts, the average rating for SAH stock is "Buy." The 12-month stock price forecast is $49.6, which is a decrease of -11.76% from the latest price.

Price Target
$49.6
(-11.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

Sonic Automotive Announces Successful Rally at Exit 55 During the 2023 Sturgis Motorcycle Rally

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Successful Rally at Exit 55 During the 2023 Sturgis Motorcycle Rally.

3 months ago - Business Wire

Sonic Automotive Reports All-Time Record Quarterly 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 ...

5 months ago - Business Wire

Sonic Automotive Schedules Release of 2023 Second 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

Sonic Automotive Announces EchoPark's Plans to Address Current Pre-Owned Market Volatility

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces EchoPark's Plans to Address Current Pre-Owned Market Volatility.

6 months ago - Business Wire

Top 5 Consumer Stocks That May Rocket Higher This Month - 1-800-Flowers.com (NASDAQ:FLWS), GoPro (NASDAQ:GPRO)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: GPROFLWSSFIXTWOU
8 months ago - Benzinga

Sonic Automotive Reports Record First 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 ...

8 months ago - Business Wire

Sonic Automotive Schedules Release of 2023 First 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 ...

9 months ago - Business Wire

Sonic Automotive Announces Grand Opening of Audi Downtown Nashville

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

10 months 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...

10 months ago - Business Wire

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...

11 months ago - PYMNTS

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...

11 months 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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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
1 year ago - CNBC Television

Sonic Automotive Reports Record Third Quarter Results

CHARLOTTE, N.C.

1 year ago - Business Wire

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
1 year 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
1 year 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 ...

1 year ago - Business Wire

CarMax and Sonic Automotive Cut to Underperform. It's a Supply Issue.

Sonic Automotive is double downgraded to Underperform from Buy at BofA Global Research.

Other symbols: KMX
1 year ago - Barrons

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening near Sacramento, California

SACRAMENTO, Calif.--(BUSINESS WIRE)--Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening near Sacramento, California

1 year ago - Business Wire

Sonic Automotive Continues to Expand its EchoPark Nationwide Distribution Network with Delivery Center Opening in Tulsa, Oklahoma

TULSA, Okla.--(BUSINESS WIRE)--Sonic Automotive Continues to Expand its EchoPark Nationwide Distribution Network with Delivery Center Opening in Tulsa, Oklahoma

1 year ago - Business Wire

It's a great time to be an auto dealer, according to Benchmark's Michael Ward

The Benchmark Company's Michael Ward joins 'The Exchange' to discuss car dealer stocks accelerating in the last month and what's behind the move.

Other symbols: ANGPILADPAG
1 year ago - CNBC Television