| Prev Close | 19.60 |
| Day Low/High | 0.00 / 0.00 |
| 52 Wk Low/High | 15.95 / 22.75 |
| Avg Volume | 250.10K |
| Exchange | NYSE |
| Shares Outstanding | 30.38M |
| Market Cap | 835.54M |
| EPS | 2.10 |
| P/E Ratio | 9.48 |
| Div & Yield | 0.24 (1.06%) |
Auto stocks have taken a pounding on fears of rising interest rates. But one investment bank says the fears are overblown.
In recent trading, shares of Sonic Automotive, Inc. have crossed above the average analyst 12-month target price of $22.20, changing hands for $22.25/share.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Sonic Automotive, Inc.
Shareholders of Sonic Automotive, Inc. looking to boost their income beyond the stock's 0.9% annualized dividend yield can sell the May 2018 covered call at the $25 strike and collect the premium based on the 55 cents bid, which annualizes to an additional 5.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.7% annualized rate in the scenario where the stock is not called away.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CHH, EXEL, ITGR, SAH Downgrades: SVU Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
In recent trading, shares of Sonic Automotive, Inc. have crossed above the average analyst 12-month target price of $21.40, changing hands for $21.60/share.
Looking at the universe of stocks we cover at Dividend Channel, on 9/14/17, Sonic Automotive, Inc. will trade ex-dividend, for its quarterly dividend of $0.05, payable on 10/13/17.
The most recent short interest data was recently released for the 05/31/2017 settlement date, and Sonic Automotive, Inc. is one of the most shorted stocks of the Russell 3000, based on 12.27 "days to cover" versus the median component at 5.01.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BP, ECA, EXK, IFMI, KTOS, PBFX, SIM, SPWH, URG, WPZ Downgrades: CHSP, CZNC, DGII, FARM, MAGS, MYRG, POST, SAH, SPA, WILN Initiations: RRR Read on to get TheStreet Quant Ratings' detailed report:
Shareholders of Sonic Automotive, Inc. looking to boost their income beyond the stock's 1% annualized dividend yield can sell the November covered call at the $22.50 strike and collect the premium based on the $1.00 bid, which annualizes to an additional 9.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.2% annualized rate in the scenario where the stock is not called away.
In trading on Wednesday, shares of Sonic Automotive, Inc. crossed above their 200 day moving average of $20.01, changing hands as high as $20.30 per share.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Sonic Automotive, Inc.
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
The most recent short interest data was recently released for the 02/28/2017 settlement date, and Sonic Automotive, Inc. is one of the most shorted stocks of the Russell 3000, based on 7.46 "days to cover" versus the median component at 4.50.
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
The most recent short interest data has been released for the 02/28/2017 settlement date, which shows a 567,874 share decrease in total short interest for Sonic Automotive, Inc. , to 3,110,114, a decrease of 15.44% since 01/31/2017.
Looking at the universe of stocks we cover at Dividend Channel, on 3/13/17, Sonic Automotive, Inc. will trade ex-dividend, for its quarterly dividend of $0.05, payable on 4/14/17.
In recent trading, shares of Sonic Automotive, Inc. have crossed above the average analyst 12-month target price of $24.75, changing hands for $25.95/share.
Shareholders of Sonic Automotive, Inc. looking to boost their income beyond the stock's 0.9% annualized dividend yield can sell the May covered call at the $25 strike and collect the premium based on the $1.10 bid, which annualizes to an additional 14.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 15.3% annualized rate in the scenario where the stock is not called away.
In recent trading, shares of Sonic Automotive, Inc. have crossed above the average analyst 12-month target price of $21.00, changing hands for $21.30/share.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AXE, CECE, EMN, FC, NNI, PDCO, SAH, SAMG, WERN Downgrades: ATW, CERN, IPXL, NVO, OMCL, PHII, PHIIK, PLKI, SVT Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Shareholders of Sonic Automotive, Inc. looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the May 2017 covered call at the $20 strike and collect the premium based on the $1.15 bid, which annualizes to an additional 10.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 11.9% annualized rate in the scenario where the stock is not called away.
The car dealer has an attractive risk/reward profile.
CarMax reported disappointing earnings, and investors are wondering if there is upside to this stock.
Looking at the universe of stocks we cover at Dividend Channel, on 9/13/16, Sonic Automotive, Inc. will trade ex-dividend, for its quarterly dividend of $0.05, payable on 10/14/16.
Insiders at these companies have been scooping up shares of their own stock lately.
