Sonic Automotive (SAH) Projected to Announce Earnings on Thursday

Sonic Automotive (NYSE:SAH) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Sonic Automotive to post earnings of $1.66 per share and revenue of $4.03 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Sonic Automotive (NYSE:SAH) last issued its earnings results on Thursday, July 30th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. The business had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.78 billion. The firm’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.19 earnings per share. On average, analysts expect Sonic Automotive to post $6.71 EPS for the current fiscal year and $7.07 EPS for the next fiscal year.

Sonic Automotive Stock Up 4.0%

Shares of SAH opened at $63.73 on Wednesday. The company has a 50 day moving average price of $68.71 and a 200-day moving average price of $73.10. Sonic Automotive has a fifty-two week low of $54.11 and a fifty-two week high of $113.67.

Sonic Automotive Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 15th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 15th.

Insider Activity

In related news, major shareholder Paul P. Rusnak acquired 27,756 shares of the stock in a transaction dated Monday, October 5th. The stock was acquired at an average cost of $59.76 per share, for a total transaction of $1,658,698.56. Following the completion of the purchase, the insider owned 5,149,401 shares of the company’s stock, valued at approximately $307,728,203.76. This represents a 0.54% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired a total of 76,776 shares of company stock valued at $4,584,694 over the last three months. Company insiders own 43.68% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings lowered Sonic Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. UBS Group reduced their price target on Sonic Automotive from $107.00 to $74.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Zacks Research cut Sonic Automotive from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. Barclays dropped their price objective on Sonic Automotive from $87.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 6th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Sonic Automotive from $72.00 to $64.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $90.12.

Sonic Automotive Company Profile

Sonic Automotive, Inc is a U.S.-based automotive retailer headquartered in Charlotte, North Carolina. The company operates franchised dealerships that sell new and pre-owned vehicles from a range of automobile manufacturers, along with related automotive products and services.

Its dealership operations provide vehicle financing and insurance products, maintenance and repair services, replacement parts, and collision-repair services. Sonic Automotive also operates EchoPark Automotive, a used-vehicle business focused on offering pre-owned vehicles and related finance and service products through dedicated retail locations.

Founded in 1997 by automotive entrepreneur O.