Sonic Automotive, Inc. (NYSE:SAH – Get Free Report) announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.41 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 15th.
Sonic Automotive has increased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Sonic Automotive has a payout ratio of 23.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Sonic Automotive to earn $7.53 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 21.8%.
Sonic Automotive Trading Down 10.4%
Shares of Sonic Automotive stock traded down $11.77 on Thursday, hitting $100.89. 384,111 shares of the company traded hands, compared to its average volume of 278,872. The stock’s 50 day moving average price is $87.78 and its 200-day moving average price is $73.57. The company has a current ratio of 1.03, a quick ratio of 0.29 and a debt-to-equity ratio of 1.93. Sonic Automotive has a 52 week low of $54.11 and a 52 week high of $113.67. The company has a market cap of $3.19 billion, a PE ratio of 32.13, a PEG ratio of 1.60 and a beta of 0.89.
Trending Headlines about Sonic Automotive
Here are the key news stories impacting Sonic Automotive this week:
- Positive Sentiment: Second-quarter revenue rose 8% year over year to approximately $3.9 billion, exceeding analysts’ $3.78 billion estimate. The company also reported record quarterly gross profit of $616.2 million, up 2% from the prior year. Sonic Automotive Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Adjusted earnings were $1.82 per share, ahead of the Wall Street consensus estimate of $1.75, providing evidence that sales trends remained relatively resilient. Sonic Automotive Q2 Earnings and Revenues Beat Estimates
- Neutral Sentiment: The earnings release and analyst coverage highlighted mixed key metrics, with investors weighing stronger revenue and gross profit against weaker earnings quality and margins. Sonic Automotive Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
- Negative Sentiment: Quarterly EPS declined from $2.19 a year earlier to $1.82, despite the revenue increase. Net margin was only 0.72%, signaling limited bottom-line profitability. Sonic Automotive Q2 Earnings Report
- Negative Sentiment: Reports attributed the pressure on profitability to higher dealership costs, making the earnings beat less compelling and raising concerns about margin sustainability. Sonic Automotive Shares Turn Negative as Profitability Is Undermined by Dealership Costs
About Sonic Automotive
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.
Read More
- Five stocks we like better than Sonic Automotive
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Sonic Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonic Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
