SAH · NYSE · Auto - Dealerships

Sonic Automotive (SAH)

Retailer of franchised vehicles, EchoPark used cars, and powersports products and services.

$65.09
vs last close−0.83 (−1.26%)
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Sonic Automotive, Inc.SAH
Consumer Discretionary

Retails new and used cars, light trucks, and powersports vehicles through franchised dealerships, EchoPark, and Powersports stores across the U.S. Revenue comes mainly from vehicle sales, with parts and service, collision repair, and third-party finance and insurance products adding income; franchised dealerships remain the core business.

Sells new and used vehicles through three U.S. retail segments: Franchised Dealerships, EchoPark, and Powersports. Franchised stores pair car and light-truck sales with replacement parts, maintenance, warranty and collision repair, plus third-party financing, insurance, service contracts, and other aftermarket products. EchoPark specializes in used cars and light trucks, while Powersports retails motorcycles, personal watercraft, all-terrain vehicles, parts, service, and related finance and insurance products.

Earns most revenue from franchised dealerships; EchoPark provides a dedicated pre-owned format and Powersports has expanded through dealership acquisitions. Store economics depend on vehicle sourcing and pricing, fixed-operations throughput, manufacturer relationships and incentives, customer financing, and inventory funding. Federal and state licensing and consumer-finance rules shape operations, while Smith-family-controlled Class B shares hold a majority of voting power.

Company facts

CEODavid Bruton Smith
ListedNov 12, 1997
ExchangeNYSE
HeadquartersCharlotte, NC
CountryUnited States
Employees11,000
CIK0001043509
ISINUS83545G1022

Market cap$2.20B
EPS (ttm)$6.30
P/E (ttm)10.46
ROE20.5%
P/B2.14
P/S0.1419
Dividend yieldDiv yield2.40%
Beta0.71vs XLY 0.60

Price target$89.00+35.0%Average of 16 analysts
ConsensusHold9 of 16 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 19, 2026BarclaysReiterate
Rating: Target: $92
Rating: Equal WeightTarget: $87
Aug 6, 2026Morgan StanleyDowngrade
Rating: Equal-Weight
Rating: Underweight
Jul 31, 2026NeedhamReiterate
Rating: Target: $90
Rating: BuyTarget: $139
Jul 17, 2026Seaport GlobalDowngrade
Rating: Buy
Rating: Neutral
Jul 15, 2026BarclaysReiterate
Rating: Target: $77
Rating: Equal WeightTarget: $92

Next report
Oct 22, 26
in 30 days
EPS estimate
$1.83
Revenue estimate
$4.05B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.51$1.48$2.19$1.41$1.52$1.62$1.82Pending
Estimate$1.46$1.46$1.63$1.82$1.53$1.46$1.75$1.83
Surprise+3.4%+1.4%+34.4%−22.5%−0.7%+11.0%+4.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$3.90B$3.65B$3.66B$3.97B$3.87B$3.69B$3.93BPending
Estimate$3.61B$3.65B$3.58B$3.94B$3.94B$3.73B$3.78B$4.05B
Surprise+7.9%+0.1%+2.2%+0.8%−1.7%−1.1%+4.0%
Estimate$1.83
ReportedDue Oct 22, 2026
Estimate$4.05B
ReportedDue Oct 22, 2026
View details

Debt to equity455.50%
Current ratio101.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.49B$3.90B$3.65B$3.66B$3.97B$3.87B$3.69B$3.93B
Net income$74.2M$58.6M$70.6M−$45.6M$46.8M$46.9M$60.8M$57.4M
Net margin2.1%1.5%1.9%0.0%1.2%1.2%1.6%1.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$113.6M$135.0M$146.4M$149.1M$122.7M$123.2M$133.1M$131.6M
YoY growth−17.3%+33.0%+37.2%+38.4%+8.0%−8.7%−9.1%−11.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $19.2M · Total debt $4.67B · Total assets $6.38B · Shareholders' equity $1.03B

Revenue
$3.93B
Operating income
$131.6M
Net income
$57.4M
View details

Dividend yield
2.40%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$1.58
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.35$0.35$0.35$0.38$0.38$0.38$0.41$0.41
Annual yield1.88%2.21%1.80%1.81%2.22%2.49%1.85%2.11%
Ex-dateDec 13Mar 14Jun 13Sep 15Dec 15Mar 13Jun 15Sep 15
Payment dateJan 15Apr 15Jul 15Oct 15Jan 15Apr 15Jul 15Oct 15
View details

Institutions46.93%14.84M shares
241 holders · as of Jun 30, 2026
Insiders90.80%28.70M shares
10 holders · as of Jun 17, 2026
Adds to137.73%

31.61M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 137.73%; nothing is left for Other.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
David Bruton Smith1,2Insiderdirector, 10 percent owner, officer: Chairman and CEO
42.28%13.37M COMPANYfiled Jun 17, 2026
Bryan Scott SmithInsiderdirector, 10 percent owner
41.97%1.24M A · 12.03M Bfiled May 1, 2026
BlackRock, Inc.Institution
7.61%2.41M Aas of Jun 30, 2026
Westwood Management Corp.Institution
5.22%1.65Mfiled Feb 25, 2022
Dimensional Fund Advisors LPInstitution
4.22%1.33M Aas of Jun 30, 2026
  1. David Bruton Smith's transaction reports restate only vehicles that traded; the 2026 ownership statement (13.37M) is used instead.
  2. David Bruton Smith reports a block also reported by Marcus G. Smith; it is counted once, under Marcus G. Smith.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 10, 2026Jeff Dykedirector, officer: President−35,114$85.22
Jun 9, 2026Jeff Dykedirector, officer: President−14,886$85.13
Jun 8, 2026Jeff Dykedirector, officer: President−50,000$82.97
May 28, 2026Heath Byrdofficer: EVP and CFO−9,526$85.00
Feb 5, 2026Paul P. Rusnak10 percent owner+18,738$59.98
View details

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