News headlines about Sonic Automotive (NYSE:SAH) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sonic Automotive earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.5882969764998 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern’s scoring:

A number of research analysts recently commented on SAH shares. ValuEngine raised Sonic Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research raised Sonic Automotive from a “sell” rating to a “hold” rating and set a $23.00 price target for the company in a report on Tuesday, January 9th. Morgan Stanley increased their price target on Sonic Automotive from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, March 14th. Finally, Bank of America raised Sonic Automotive from an “underperform” rating to a “neutral” rating and set a $23.00 price target for the company in a report on Monday, January 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $23.25.

Shares of SAH opened at $19.25 on Friday. The stock has a market capitalization of $816.45, a P/E ratio of 10.41, a price-to-earnings-growth ratio of 2.84 and a beta of 1.61. Sonic Automotive has a one year low of $15.95 and a one year high of $22.75. The company has a quick ratio of 0.26, a current ratio of 1.03 and a debt-to-equity ratio of 1.22.

Sonic Automotive (NYSE:SAH) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.03. The firm had revenue of $2.67 billion during the quarter, compared to the consensus estimate of $2.63 billion. Sonic Automotive had a return on equity of 11.17% and a net margin of 0.94%. Sonic Automotive’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.66 earnings per share. research analysts anticipate that Sonic Automotive will post 2.25 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, April 13th. Investors of record on Thursday, March 15th were issued a $0.06 dividend. The ex-dividend date was Wednesday, March 14th. This represents a $0.24 dividend on an annualized basis and a yield of 1.25%. This is an increase from Sonic Automotive’s previous quarterly dividend of $0.05. Sonic Automotive’s dividend payout ratio is currently 12.97%.

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About Sonic Automotive

Sonic Automotive, Inc is an automotive retailer in the United States. The Company’s operating segments include Franchised Dealerships and EchoPark. Its Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products.

Insider Buying and Selling by Quarter for Sonic Automotive (NYSE:SAH)

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