Sonic Automotive (SAH) to Post Earnings on Thursday

Sonic Automotive (NYSE:SAH) is anticipated to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Sonic Automotive to announce earnings of $1.75 per share and revenue of $3.7830 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Sonic Automotive (NYSE:SAH) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.22. Sonic Automotive had a return on equity of 22.45% and a net margin of 0.72%.The company had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same period in the previous year, the company posted $1.48 EPS. The firm’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 1.8%

Shares of NYSE SAH opened at $104.81 on Wednesday. Sonic Automotive has a 52 week low of $54.11 and a 52 week high of $105.68. The business has a 50-day simple moving average of $87.01 and a two-hundred day simple moving average of $73.24. The company has a quick ratio of 0.29, a current ratio of 1.03 and a debt-to-equity ratio of 1.93. The company has a market cap of $3.31 billion, a P/E ratio of 33.38, a P/E/G ratio of 1.58 and a beta of 0.89.

Sonic Automotive Increases Dividend

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

Insider Activity

In other news, President Jeff Dyke sold 35,114 shares of Sonic Automotive stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $85.22, for a total transaction of $2,992,415.08. Following the completion of the sale, the president owned 543,668 shares in the company, valued at approximately $46,331,386.96. This trade represents a 6.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 100,000 shares of company stock worth $8,408,160. Company insiders own 43.68% of the company’s stock.

Institutional Investors Weigh In On Sonic Automotive

Institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its position in Sonic Automotive by 124.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 355,328 shares of the company’s stock worth $20,239,000 after buying an additional 197,336 shares during the last quarter. Bridgeway Capital Management LLC bought a new position in Sonic Automotive during the fourth quarter valued at approximately $7,384,000. Qube Research & Technologies Ltd purchased a new position in shares of Sonic Automotive during the third quarter worth approximately $7,450,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of 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 acquiring an additional 73,002 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Sonic Automotive by 20.5% in the 3rd quarter. Millennium Management LLC now owns 383,117 shares of the company’s stock worth $29,151,000 after acquiring an additional 65,266 shares during the last quarter. 46.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on SAH. Barclays raised their price objective on shares of Sonic Automotive from $77.00 to $92.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 15th. Stephens set a $89.00 target price on shares of Sonic Automotive in a research note on Monday, July 13th. Seaport Research Partners cut shares of Sonic Automotive from a “buy” rating to a “neutral” rating and increased their target price for the stock from $185.00 to $205.00 in a research note on Friday, July 17th. JPMorgan Chase & Co. cut their price target on shares of Sonic Automotive from $77.00 to $76.00 and set an “underweight” rating for the company in a report on Monday, July 13th. Finally, Bank of America boosted their price target on shares of Sonic Automotive from $91.00 to $108.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sonic Automotive currently has an average rating of “Hold” and an average target price of $90.67.

Sonic Automotive Company Profile

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.