Several analysts have recently updated their ratings and price targets for Sonic Automotive (NYSE: SAH):
- 7/17/2026 – Sonic Automotive was downgraded by Seaport Research Partners from “buy” to “neutral”. They now have a $205.00 price target on the stock, up from $185.00.
- 7/15/2026 – Sonic Automotive had its price target raised by Barclays PLC from $77.00 to $92.00. They now have an “equal weight” rating on the stock.
- 7/13/2026 – Sonic Automotive was given a new $89.00 price target by Stephens.
- 7/13/2026 – Sonic Automotive had its price target lowered by JPMorgan Chase & Co. from $77.00 to $76.00. They now have an “underweight” rating on the stock.
- 7/10/2026 – Sonic Automotive had its price target raised by UBS Group AG from $90.00 to $109.00. They now have a “buy” rating on the stock.
- 7/9/2026 – Sonic Automotive had its price target raised by Bank of America Corporation from $91.00 to $108.00. They now have a “buy” rating on the stock.
- 7/7/2026 – Sonic Automotive was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 6/18/2026 – Sonic Automotive was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 5/27/2026 – Sonic Automotive is now covered by UBS Group AG. They set a “buy” rating and a $90.00 price target on the stock.
Sonic Automotive Increases Dividend
The firm also recently announced 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 was Monday, June 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.6%. This is a positive change from Sonic Automotive’s previous quarterly dividend of $0.38. Sonic Automotive’s dividend payout ratio is currently 52.23%.
Insider Activity
In related news, President Jeff Dyke sold 35,114 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were 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 directly owned 543,668 shares in the company, valued at approximately $46,331,386.96. This trade represents a 6.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 100,000 shares of company stock valued at $8,408,160 over the last ninety days. 43.68% of the stock is owned by corporate insiders.
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.
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