NYSE:SONY

Sony Group (SONY) Stock Forecast, Price & News

$98.89

+3.57 (+3.75%)

(As of 05/18/2023 ET)

Compare

Today's Range: $98.35
▼
$99.15
50-Day Range: $83.74
▼
$95.32
52-Week Range: $61.72
▼
$99.15

Volume: 1.81 million shs
Average Volume: 797,288 shs
Market Capitalization: $122.03 billion

P/E Ratio: 17.85
Dividend Yield: 0.38%
Price Target: $115.00

Sony Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 11.2% Upside
$110.00 Price Target
Short Interest: Healthy
0.12% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.49
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.72%
From $5.92 to $6.91 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Consumer Discretionary Sector

105th out of 260 stocks

Household Audio & Video Equipment Industry

1st out of 7 stocks

2.3

Analyst's Opinion

Consensus Rating
Sony Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $110.00, Sony Group has a forecasted upside of 11.2% from its current price of $98.89.
Amount of Analyst Coverage
Sony Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.12% of the float of Sony Group has been sold short.
Short Interest Ratio / Days to Cover
Sony Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sony Group has recently decreased by 10.71%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Sony Group has a dividend yield of 0.40%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sony Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sony Group is 6.86%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sony Group will have a dividend payout ratio of 5.50% next year. This indicates that Sony Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SONY.

3.0

News and Social Media Coverage

News Sentiment
Sony Group has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Sony Group this week, compared to 12 articles on an average week.
Search Interest
37 people have searched for SONY on MarketBeat in the last 30 days. This is an increase of 48% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Sony Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sony Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.00% of the stock of Sony Group is held by insiders.
Percentage Held by Institutions
Only 7.74% of the stock of Sony Group is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sony Group are expected to grow by 16.72% in the coming year, from $5.92 to $6.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sony Group is 17.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sony Group is 17.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.39.
Price to Earnings Growth Ratio
Sony Group has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sony Group has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sony Group (NYSE:SONY) Stock

Sony Group Corp. engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals and industrial markets. It operates through the following segments: Game and Network Services, Music, Pictures, Home Entertainment and Sound, Imaging Products and Solutions, Mobile Communications, Semiconductors, Financial Services, and Others. The Game and Network Services segment deals with gaming machines, software and network services. The Music segment produces and publishes music and provides image media platforms. The Pictures segment handles film production, television program creation, and media networks. The Home Entertainment and Sound segment offers LCD televisions, home audio, Blu-ray Disc players and recorders, and memory-based portable audio devices. The Imaging Products and Solutions segment provides digital imaging products, professional solutions, and medical goods. The Mobile Communications segment deals with mobile phones and Internet services business. The Semiconductors segment provides image sensors and camera modules. The Financial Services segment manages the life insurance and non

Receive SONY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sony Group and its competitors with MarketBeat's FREE daily newsletter.

SONY Stock News Headlines

May 18, 2023 | seekingalpha.com

Hot Stocks: TTWO and BBWI rise on earnings; SONY gains on partial spin-off news; PG and GRAB fall

May 18, 2023 | wsj.com

Sony, in Reversal, Says It May Unload Most of Financial Unit

May 18, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>

May 18, 2023 | finance.yahoo.com

Sony Shares Are Surging Premarket: Company Eyes Sony Financial Arm IPO

May 18, 2023 | finance.yahoo.com

SONY MUSIC MASTERWORKS ACQUIRES A MAJORITY STAKE IN SPAIN-BASED LIVE EVENT PRODUCER AND PROMOTER, PROACTIV ENTERTAINMENT

May 18, 2023 | msn.com

Sony Strategic Plans Target Expansion in Music, Games, Anime – and India

May 18, 2023 | wsj.com

Sony, in Reversal, Says It May Unload Most of Its Financial Unit

May 18, 2023 | finance.yahoo.com

Sony, in Reversal, Says It May Unload Most of Financial Unit

May 18, 2023 | Behind the Markets (Ad)

BREAKING: The truth about war with China

Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.

May 18, 2023 | finance.yahoo.com

Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart

May 18, 2023 | finance.yahoo.com

Sony considers financial services spinoff and listing, shares surge

May 18, 2023 | finance.yahoo.com

Asian stocks rise as debt ceiling fears abate, Sony boosts Nikkei

May 18, 2023 | finance.yahoo.com

Sony Weighs Financial Arm IPO to Fuel Big Investment Push

May 17, 2023 | finance.yahoo.com

Sony eyes partial spin-off of Sony Financial Group

May 17, 2023 | msn.com

Sony Considers Spinning Off and Listing Its Giant Financial Arm

May 17, 2023 | msn.com

FIFA's Ultimate Team Mode Ruled As Gambling: Sony Hit With Refund Obligations

May 17, 2023 | finance.yahoo.com

Sony Plans $1.5 Billion Buyback After Warning of Weak Demand

May 15, 2023 | theglobeandmail.com

SONY Is Near To End A Leading Diagonal And It Could Start a Pullback

May 14, 2023 | msn.com

Former FSA Commissioner Becomes "President of Sony FG! Unprecedented descent from heaven raises questions about corporate structure

May 12, 2023 | msn.com

Nevada considers tax credits to lure Sony, film industry to Las Vegas

May 11, 2023 | markets.businessinsider.com

Sony Electronics Launches New Xperia® 1 V Smartphone

May 10, 2023 | marketwatch.com

Sony Group Corp. ADR underperforms Wednesday when compared to competitors

May 10, 2023 | finance.yahoo.com

Warner Music Group Corp.: Warner Music Earnings: Weak Streaming Growth Weighs on Results and Shares

May 8, 2023 | msn.com

Sony’s $60 XB100 Is the Bluetooth Speaker of the Summer

May 8, 2023 | finance.yahoo.com

Sony Electronics Launches Two New Wireless Speakers, the Powerful Party Speaker SRS-XV800 and the Compact SRS-XB100

May 6, 2023 | americanbankingnews.com

Sony Group Co. (NYSE:SONY) Receives Consensus Recommendation of "Hold" from Analysts

May 4, 2023 | finance.yahoo.com

Sony Group Corporation: Sony Earnings: Some Upside on PS5 and Image Sensor Businesses; Shares Undervalued

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive SONY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sony Group and its competitors with MarketBeat's FREE daily newsletter.

SONY Company Calendar

Last Earnings: 4/28/2023
Today: 5/18/2023
Next Earnings (Estimated): 8/04/2023
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Household audio & video equipment
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:SONY
CUSIP: N/A
CIK: 313838
Web: www.sony.com
Phone: (136) 748-2111
Fax: 813-6748-2061
Employees: 108,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $110.00
High Stock Price Forecast: $118.00
Low Stock Price Forecast: $102.00
Forecasted Upside/Downside: +16.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.54
Trailing P/E Ratio: 17.85
Forward P/E Ratio: 16.70
P/E Growth: 3.36
Net Income: $6.93 billion
Net Margins: 8.08%
Pretax Margin: 10.23%
Return on Equity: 13.43%
Return on Assets: 3.01%

Debt

Debt-to-Equity Ratio: 0.24
Current Ratio: 0.62
Quick Ratio: 0.46

Sales & Book Value

Annual Sales: $85.23 billion
Price / Sales: 1.43
Cash Flow: $12.66 per share
Price / Cash Flow: 7.81
Book Value: $43.71 per share
Price / Book: 2.26

Miscellaneous

Outstanding Shares: 1,233,980,000
Free Float: 1,147,603,000
Market Cap: $122.03 billion
Optionable: Optionable
Beta: 1.06

Key Executives

Kenichiro Yoshida
Chairman & Chief Executive Officer

Hiroki Totoki
President, COO, CFO & Director

Tsuyoshi Kodera
Head-Information Systems & Security

Makoto Toyoda
Chief Information Officer & Executive Officer

Hiroaki Kitano
Chief Technology Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SONY Stock - Frequently Asked Questions

Should I buy or sell Sony Group stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sony Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SONY shares.
View SONY analyst ratings or view top-rated stocks.
What is Sony Group's stock price forecast for 2023?: 4 analysts have issued twelve-month price targets for Sony Group's stock. Their SONY share price forecasts range from $102.00 to $118.00. On average, they predict the company's stock price to reach $110.00 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for SONY or view top-rated stocks among Wall Street analysts.
How have SONY shares performed in 2023?: Sony Group's stock was trading at $76.28 at the start of the year. Since then, SONY stock has increased by 29.6% and is now trading at $98.89.
View the best growth stocks for 2023 here.
Are investors shorting Sony Group?: Sony Group saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,680,000 shares, a decrease of 17.2% from the March 31st total of 2,030,000 shares. Based on an average trading volume of 751,900 shares, the short-interest ratio is presently 2.2 days. Approximately 0.1% of the company's stock are short sold.
View Sony Group's Short Interest.
When is Sony Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our SONY earnings forecast.
How were Sony Group's earnings last quarter?: Sony Group Co. (NYSE:SONY) announced its quarterly earnings results on Friday, April, 28th. The company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.22. The company earned $23.17 billion during the quarter, compared to analyst estimates of $22.99 billion. Sony Group had a net margin of 8.08% and a trailing twelve-month return on equity of 13.43%.
What ETFs hold Sony Group's stock?: ETFs with the largest weight of Sony Group (NYSE:SONY) stock in their portfolio include Subversive Metaverse ETF (PUNK), ProShares Metaverse ETF (VERS), Avantis International Large Cap Value ETF (AVIV), Amplify International Enhanced Dividend Income ETF (IDVO), Wedbush ETFMG Video Game Tech ETF (GAMR), First Trust Indxx Innovative Transaction & Process ETF (LEGR), Pacer Trendpilot International ETF (PTIN) and Avantis Responsible International Equity ETF (AVSD).
Is Sony Group a good dividend stock?: Sony Group (NYSE:SONY) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 6.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 5.50% next year. This indicates that the company will be able to sustain or increase its dividend.

What guidance has Sony Group issued on next quarter's earnings?: Sony Group updated its FY 2023 earnings guidance on Friday, April, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $84.93 billion-$84.93 billion, compared to the consensus revenue estimate of $90.07 billion.
What is Sony Group's stock symbol?: Sony Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SONY."
Who are Sony Group's major shareholders?: Sony Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Aristotle Capital Management LLC (0.96%), Fisher Asset Management LLC (0.43%), Bank of America Corp DE (0.36%), BlackRock Inc. (0.21%), Boston Partners (0.21%) and FMR LLC (0.17%).
How do I buy shares of Sony Group?: Shares of SONY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sony Group's stock price today?: One share of SONY stock can currently be purchased for approximately $98.89.
How much money does Sony Group make?: Sony Group (NYSE:SONY) has a market capitalization of $122.03 billion and generates $85.23 billion in revenue each year. The company earns $6.93 billion in net income (profit) each year or $5.54 on an earnings per share basis.
How many employees does Sony Group have?: The company employs 108,900 workers across the globe.
How can I contact Sony Group?: Sony Group's mailing address is 1-7-1 KONAN MINATO-KU, TOKYO M0, 108-0075. The official website for the company is www.sony.com. The company can be reached via phone at (136) 748-2111, via email at ir@sony.com, or via fax at 813-6748-2061.

This page (NYSE:SONY) was last updated on 5/18/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Sony Group (SONY) Stock Forecast, Price & News

Sony Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sony Group (NYSE:SONY) Stock

SONY Stock News Headlines

SONY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SONY Stock - Frequently Asked Questions

Overall MarketRank^™