Analyst Activity – Piper Jaffray Companies Reiterates Buy on Sonic Corp. (NASDAQ:SONC)

ME Staff
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Analyst Ratings For Sonic Corp. (NASDAQ:SONC)

Today, Piper Jaffray Companies reiterated its Buy rating on Sonic Corp. (NASDAQ:SONC) with a price target of $32.00.

There are 2 sell ratings, 7 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Sonic Corp. (NASDAQ:SONC) is Hold (Score: 2.08) with a consensus target price of $27.45 per share, a potential 9.82% upside.

Some recent analyst ratings include

  • 7/26/2017-Piper Jaffray Companies Reiterated Rating of Buy.
  • 6/26/2017-Oppenheimer Holdings, Inc. Reiterated Rating of Outperform.
  • 6/26/2017-Stephens Reiterated Rating of Overweight.
  • 6/25/2017-Bank of America Corporation Reiterated Rating of Underperform.
  • 5/23/2017-Wells Fargo & Company initiated coverage with a Market Perform rating.
  • 3/29/2017-Jefferies Group LLC Reiterated Rating of Hold.

Dividend information for Sonic Corp. (NASDAQ:SONC)

Sonic Corp. (NASDAQ:SONC) pays an annual dividend of Community Ranking: with a yield of 2.24%.

Dividend History for Sonic Corp. (NASDAQ:SONC)

  • On 7/6/2017 Sonic Corp. announced a quarterly dividend of $0.14 2.11% with an ex dividend date of 8/7/2017 which will be payable on 8/18/2017.
  • On 4/20/2017 Sonic Corp. announced a quarterly dividend of $0.14 2.25% with an ex dividend date of 5/8/2017 which will be payable on 5/19/2017.
  • On 1/19/2017 Sonic Corp. announced a quarterly dividend of $0.14 2.2% with an ex dividend date of 2/6/2017 which will be payable on 2/17/2017.
  • On 10/21/2016 Sonic Corp. announced a quarterly dividend of $0.14 2.15% with an ex dividend date of 11/7/2016 which will be payable on 11/18/2016.
  • On 7/7/2016 Sonic Corp. announced a quarterly dividend of $0.11 1.56% with an ex dividend date of 8/8/2016 which will be payable on 8/19/2016.
  • On 4/7/2016 Sonic Corp. announced a quarterly dividend of $0.11 1.23% with an ex dividend date of 5/9/2016 which will be payable on 5/20/2016.
  • On 1/28/2016 Sonic Corp. announced a quarterly dividend of $0.11 1.5% with an ex dividend date of 2/8/2016 which will be payable on 2/19/2016.

Recent Insider Trading Activity For Sonic Corp. (NASDAQ:SONC)
Sonic Corp. (NASDAQ:SONC) has insider ownership of 6.24% and institutional ownership of 97.48%.

  • On 7/21/2017 Steven A Davis, Director, bought 2,000 with an average share price of $24.62 per share and the total transaction amounting to $49,240.00. View SEC Filing
  • On 5/16/2017 Frank E Richardson III, Director, sold 50,000 with an average share price of $28.15 per share and the total transaction amounting to $1,407,500.00. View SEC Filing
  • On 5/8/2017 Carolyn C. Cummins, VP, sold 2,500 with an average share price of $28.39 per share and the total transaction amounting to $70,975.00. View SEC Filing
  • On 1/11/2017 Harold A. Ceron, VP, sold 3,112 with an average share price of $27.02 per share and the total transaction amounting to $84,086.24. View SEC Filing
  • On 1/10/2017 Frank E Richardson III, Director, sold 4,685 with an average share price of $27.57 per share and the total transaction amounting to $129,165.45. View SEC Filing
  • On 5/27/2016 Craig Jeffrey Miller, Insider, sold 25,394 with an average share price of $30.00 per share and the total transaction amounting to $761,820.00. View SEC Filing
  • On 5/25/2016 Kathy L Taylor, Director, bought 10,000 with an average share price of $29.85 per share and the total transaction amounting to $298,500.00. View SEC Filing

Recent Trading Activity for Sonic Corp. (NASDAQ:SONC)
Shares of Sonic Corp. closed the previous trading session at 25.00 up +0.49 2.00% with 866,702 shares trading hands.