Sonic Automotive, Inc. Class A Stock News

Despite mixed fundamentals, Sonic Automotive shares remain attractively priced, warranting a 'buy' rating due to their low valuation both absolutely and relative to peers. The Franchised Dealerships segment, accounting for 82% of revenue, showed slight revenue contraction but higher same-store retail new vehicle sales. EchoPark segment faced challenges with unit sales and revenue decline, but m...

Small-cap stocks typically outperform when investors value large-caps more.

NEW ORLEANS--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented New Orleans-based Bohn Brothers Automotive Group in the sale of its Audi New Orleans dealership, the #1 Audi dealership in Louisiana, to Charlotte, NC-based Sonic Automotive Group (NYSE: SAH), one of the largest automotive retailers in the Un...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Acquisition of Audi New Orleans.

Cox Automotive reports there's a "renewed optimism" among U.S. car dealers heading into 2025, fueled by Donald Trump's election as well as positive trends in interest rates. But dealers aren't feeling more optimistic about the sale of EVs, according to Cox's "Q4 2024 Dealer Sentiment Index," which was conducted after the U.S. presidential election in November.

With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical r...

The re-election of Donald Trump as president has investors wondering who will be the biggest winners and losers during his second term.

Sonic Automotive, Inc. (NYSE:SAH ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Smith - Chairman and CEO Heath Byrd - EVP and CFO Jeff Dyke - President Danny Wieland - VP, IR Tim Keen - EchoPark COO Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Chris Pierce - Needham & Company Patrick Buckley - ...