Sonic Automotive (SAH) to Announce Quarterly Earnings on Thursday

Sonic Automotive (NYSE:SAHGet Free Report) is anticipated to issue its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.75 per share and revenue of $3.7830 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Sonic Automotive (NYSE:SAHGet Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.22. Sonic Automotive had a net margin of 0.72% and a return on equity of 22.45%. The firm had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, analysts expect Sonic Automotive to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sonic Automotive Stock Up 2.9%

SAH stock opened at $102.71 on Tuesday. The business has a 50 day moving average of $86.38 and a 200 day moving average of $72.94. The firm has a market cap of $3.25 billion, a PE ratio of 32.71, a price-to-earnings-growth ratio of 1.53 and a beta of 0.89. Sonic Automotive has a twelve month low of $54.11 and a twelve month high of $104.30. The company has a quick ratio of 0.29, a current ratio of 1.03 and a debt-to-equity ratio of 1.93.

Sonic Automotive Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were issued a dividend of $0.41 per share. The ex-dividend date was Monday, June 15th. This is a boost from Sonic Automotive’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.6%. Sonic Automotive’s dividend payout ratio is 52.23%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SAH. UBS Group lifted their price target on Sonic Automotive from $90.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of Sonic Automotive in a research report on Tuesday, March 31st. Stephens set a $89.00 target price on shares of Sonic Automotive in a report on Monday, July 13th. Barclays lifted their target price on shares of Sonic Automotive from $77.00 to $92.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Finally, Seaport Research Partners cut shares of Sonic Automotive from a “buy” rating to a “neutral” rating and increased their price target for the company from $185.00 to $205.00 in a report on Friday, July 17th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sonic Automotive presently has an average rating of “Hold” and an average target price of $90.67.

Get Our Latest Stock Analysis on SAH

Insider Activity

In related news, President Jeff Dyke sold 50,000 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $82.97, for a total transaction of $4,148,500.00. Following the sale, the president directly owned 111,622 shares of the company’s stock, valued at $9,261,277.34. This trade represents a 30.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 100,000 shares of company stock worth $8,408,160 over the last 90 days. Corporate insiders own 43.68% of the company’s stock.

Institutional Trading of Sonic Automotive

A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in Sonic Automotive by 124.9% during the first quarter. Goldman Sachs Group Inc. now owns 355,328 shares of the company’s stock valued at $20,239,000 after purchasing an additional 197,336 shares during the period. Bridgeway Capital Management LLC purchased a new stake in Sonic Automotive in the fourth quarter worth approximately $7,384,000. Qube Research & Technologies Ltd bought a new stake in Sonic Automotive in the 3rd quarter worth approximately $7,450,000. Arrowstreet Capital Limited Partnership grew its position in Sonic Automotive by 546.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 86,370 shares of the company’s stock worth $6,572,000 after purchasing an additional 73,002 shares during the period. Finally, Millennium Management LLC raised its stake in Sonic Automotive by 20.5% during the 3rd quarter. Millennium Management LLC now owns 383,117 shares of the company’s stock valued at $29,151,000 after buying an additional 65,266 shares during the last quarter. 46.92% of the stock is currently owned by institutional investors.

About Sonic Automotive

(Get Free Report)

Sonic Automotive, Inc is a publicly traded automotive retailer that operates a network of franchised new-car dealerships and used-vehicle dealerships across the United States. Headquartered in Charlotte, North Carolina, the company offers a range of services that include vehicle sales, leasing, finance and insurance products, service and parts, and collision repair. Sonic Automotive’s dealerships represent numerous major automotive brands, and the company also markets a broad selection of pre-owned vehicles under its own banner.

In addition to its core dealership operations, Sonic Automotive has developed digital retail capabilities that allow customers to research, shop and complete transactions online.

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Earnings History for Sonic Automotive (NYSE:SAH)

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