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Sonic Automotive ( (SAH) ) has shared an announcement.
On April 30, 2026, Sonic Automotive reported first-quarter 2026 results showing record consolidated revenue of $3.7 billion and gross profit of $598.8 million, with adjusted net income rising 7% year over year despite lower reported earnings due to prior-year one-time gains. The EchoPark segment delivered all-time record quarterly pre-tax income and adjusted EBITDA, while the Powersports segment posted record revenue and narrowed losses, supported by the April 2026 acquisition of five Harley-Davidson dealerships expected to add about $100 million in annualized revenue.
During the first quarter, Sonic disposed of four franchised dealerships and repurchased approximately 2.1 million Class A shares, a 6% reduction in outstanding stock since December 31, 2025, and on April 30, 2026 the board approved an additional $500 million share repurchase authorization, bringing remaining capacity to $528 million. The board also approved an 8% increase in the quarterly cash dividend to $0.41 per share, underscoring a capital allocation strategy aimed at enhancing shareholder returns while the company continues to invest in EchoPark expansion and Powersports growth.
The most recent analyst rating on (SAH) stock is a Sell with a $67.00 price target. To see the full list of analyst forecasts on Sonic Automotive stock, see the SAH Stock Forecast page.
Spark’s Take on SAH Stock
According to Spark, TipRanks’ AI Analyst, SAH is a Neutral.
The score reflects middling financial quality dominated by elevated leverage and recently weaker revenue/margins, partially offset by a strong 2025 cash-flow rebound. Earnings-call tone and guidance were broadly constructive (records, improving EchoPark profitability, capital returns) but near-term volume pressure and rising floorplan interest expense temper upside. Technically the stock is neutral with longer-term downtrend signals, while valuation and dividend provide moderate support.
To see Spark’s full report on SAH stock, click here.
More about Sonic Automotive
Sonic Automotive, Inc., based in Charlotte, N.C., is one of the largest U.S. automotive retailers, operating franchised dealerships, the EchoPark used-vehicle brand, and a growing Powersports segment. The company focuses on new and used vehicle sales, financing and insurance, and fixed operations such as parts, service, and collision repair across multiple states.
Average Trading Volume: 310,296
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.46B
See more data about SAH stock on TipRanks’ Stock Analysis page.