sonic automotive, as a fortune 500 company and member of the russell 2000 index, is among the largest automotive retailers in the united states. these dealerships provide comprehensive services, including sales of both new and used cars and light trucks, sales of replacement parts, performance of vehicle maintenance, warranty, paint and collision repair services, and arrangement of extended warranty contracts, financing and insurance for the company's customers. sonic automotive operates over 100 dealerships spread across 14 states and 25 major metropolitan markets. we represent approximately 30 different automotive brands with the majority of our dealerships being luxury and import brands. we are an industry-leading automotive retailer committed to providing our customers with an outstanding automotive experience that is delivered with professionalism, integrity and enthusiasm.
Company profile
Ticker
SAH
Exchange
Website
CEO
David Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AnTrev, LLC • Arngar, Inc. • Autobahn, Inc. • Avalon Ford, Inc. • Car Cash of North Carolina, Inc. • Cornerstone Acceptance Corporation • EP: AM Realty GA, LLC • EP: EchoPark AL, LLC • EP: EchoPark Automotive, Inc. • EP: EchoPark AZ, LLC ...
IRS number
562010790
SAH stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
27 Mar 24
8-K
Entry into a Material Definitive Agreement
19 Mar 24
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Sonic Automotive Reports Fourth Quarter and Full Year Financial Results
14 Feb 24
8-K
Departure of Directors or Certain Officers
9 Feb 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
Sonic Automotive Reports Record Third Quarter Revenues
26 Oct 23
Transcripts
SAH
Earnings call transcript
2023 Q3
26 Oct 23
SAH
Earnings call transcript
2023 Q2
27 Jul 23
SAH
Earnings call transcript
2023 Q2
27 Jul 23
SAH
Earnings call transcript
2023 Q1
27 Apr 23
SAH
Earnings call transcript
2022 Q4
15 Feb 23
SAH
Earnings call transcript
2022 Q3
30 Oct 22
SAH
Earnings call transcript
2022 Q2
28 Jul 22
SAH
Earnings call transcript
2022 Q1
28 Apr 22
SAH
Earnings call transcript
2021 Q4
16 Feb 22
SAH
Earnings call transcript
2021 Q3
28 Oct 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 34.60 mm | 34.60 mm | 34.60 mm | 34.60 mm | 34.60 mm | 34.60 mm |
Cash burn (monthly) | 28.37 mm | 8.70 mm | (no burn) | (no burn) | (no burn) | 11.26 mm |
Cash used (since last report) | 187.82 mm | 57.60 mm | n/a | n/a | n/a | 74.54 mm |
Cash remaining | -153.22 mm | -23.00 mm | n/a | n/a | n/a | -39.94 mm |
Runway (months of cash) | -5.4 | -2.6 | n/a | n/a | n/a | -3.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 179 |
Opened positions | 21 |
Closed positions | 27 |
Increased positions | 50 |
Reduced positions | 81 |
13F shares | Current |
---|---|
Total value | 723.81 bn |
Total shares | 113.95 mm |
Total puts | 12.40 k |
Total calls | 15.20 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Sonic Financial | 98.58 mm | $3.59 bn |
BLK Blackrock | 2.51 mm | $120.02 bn |
Dimensional Fund Advisors | 1.92 mm | $91.78 bn |
Vanguard | 1.67 mm | $79.53 bn |
Hotchkis & Wiley Capital Management | 914.62 k | $43.68 bn |
STT State Street | 743.51 k | $35.73 bn |
MCQEF Macquarie | 575.44 k | $27.48 bn |
IVZ Invesco | 537.19 k | $25.66 bn |
Millennium Management | 490.37 k | $23.42 bn |
GS Goldman Sachs | 392.98 k | $18.77 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Smith David Bruton | Class A Common Stock | Payment of exercise | Dispose F | No | No | 56.94 | 6,942 | 395.28 k | 583,054 |
31 Mar 24 | Dyke Jeff | Class A Common Stock | Payment of exercise | Dispose F | No | No | 56.94 | 3,006 | 171.16 k | 834,487 |
31 Mar 24 | Byrd Heath | Class A Common Stock | Payment of exercise | Dispose F | No | No | 56.94 | 2,343 | 133.41 k | 195,925 |
9 Feb 24 | Bryan Scott Smith | Class A Common Stock | By will or laws of descent | Acquire W | No | No | 0 | 29,431 | 0.00 | 385,274 |
9 Feb 24 | Smith Marcus G | Class A Common Stock | By will or laws of descent | Acquire W | No | No | 0 | 29,431 | 0.00 | 87,938 |
News
NVIDIA To Rally Around 27%? Here Are 10 Top Analyst Forecasts For Thursday
29 Feb 24
B of A Securities Maintains Underperform on Sonic Automotive, Lowers Price Target to $55
29 Feb 24
Morgan Stanley Maintains Underweight on Sonic Automotive, Raises Price Target to $40
29 Feb 24
Sonic Automotive Q4 Adj. EPS $1.63 Misses $1.87 Estimate, Sales $3.58B Miss $3.62B Estimate
14 Feb 24
Earnings Scheduled For February 14, 2024
14 Feb 24