Sonic Automotive (NYSE: SAH) recently received a number of ratings updates from brokerages and research firms:
- 10/26/2026 – Sonic Automotive was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 10/12/2026 – Sonic Automotive was downgraded by Zacks Research from “hold” to “strong sell”.
- 10/8/2026 – Sonic Automotive was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 10/7/2026 – Sonic Automotive had its price target lowered by UBS Group from $107.00 to $74.00. They now have a “buy” rating on the stock.
- 10/6/2026 – Sonic Automotive had its price target lowered by Barclays from $87.00 to $75.00. They now have an “equal weight” rating on the stock.
- 10/6/2026 – Sonic Automotive had its price target lowered by JPMorgan Chase & Co. from $72.00 to $64.00. They now have an “underweight” rating on the stock.
- 10/5/2026 – Sonic Automotive had its price target lowered by Morgan Stanley from $72.00 to $57.00. They now have an “underweight” rating on the stock.
- 9/16/2026 – Sonic Automotive was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
Sonic Automotive Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, September 15th.
Insider Buying and Selling
In other news, major shareholder Paul P. Rusnak acquired 12,555 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was purchased at an average price of $59.90 per share, for a total transaction of $752,044.50. Following the completion of the transaction, the insider directly owned 5,176,776 shares in the company, valued at approximately $310,088,882.40. This trade represents a 0.24% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have acquired 76,776 shares of company stock valued at $4,584,694. 43.68% of the stock is owned by insiders.
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.
Read More
- Five stocks we like better than Sonic Automotive
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Sonic Automotive Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonic Automotive Inc and related companies with MarketBeat.com's FREE daily email newsletter.
