Penske Automotive Group (PAG) Projected to Release Earnings on Wednesday

Key Points

• Penske Automotive Group is expected to report Q3 2026 results before the market opens on October 28. Analysts forecast earnings of $3.37 per share on revenue of $8.14 billion.
• In its prior quarter, Penske exceeded expectations with EPS of $3.62 versus the $3.42 consensus and revenue of $8.51 billion, up 11.1% year over year.
• The company raised its quarterly dividend to $1.46 per share, equivalent to an annualized $5.84 payout and a 2.8% yield; analysts maintain a “Moderate Buy” consensus with a $211.43 average price target.

Penske Automotive Group (NYSE:PAG - Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $3.37 per share and revenue of $8.14 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 2:00 PM ET.

Penske Automotive Group (NYSE:PAG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $3.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.42 by $0.20. The firm had revenue of $8.51 billion for the quarter, compared to the consensus estimate of $7.98 billion. Penske Automotive Group had a net margin of 2.81% and a return on equity of 14.78%. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.78 earnings per share. On average, analysts expect Penske Automotive Group to post $13.42 EPS for the current fiscal year and $14.13 EPS for the next fiscal year.

Penske Automotive Group Stock Up 0.2%

Penske Automotive Group stock opened at $212.34 on Wednesday. The stock has a market capitalization of $13.94 billion, a PE ratio of 16.55 and a beta of 0.92. Penske Automotive Group has a 12 month low of $140.12 and a 12 month high of $227.00. The business has a 50 day simple moving average of $211.52 and a 200-day simple moving average of $190.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.98 and a quick ratio of 0.21.

Penske Automotive Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, November 13th. This is an increase from Penske Automotive Group's previous quarterly dividend of $1.44. This represents a $5.84 dividend on an annualized basis and a dividend yield of 2.8%. Penske Automotive Group's payout ratio is currently 42.42%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PAG. JPMorgan Chase & Co. reduced their price objective on Penske Automotive Group from $215.00 to $210.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 6th. Barclays dropped their target price on Penske Automotive Group from $225.00 to $210.00 and set an "overweight" rating for the company in a report on Tuesday, October 6th. Bank of America raised their target price on Penske Automotive Group from $200.00 to $238.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Benchmark downgraded Penske Automotive Group from a "buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Finally, Stephens lifted their price target on Penske Automotive Group from $166.00 to $210.00 and gave the stock an "equal weight" rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $211.43.

About Penske Automotive Group

Penske Automotive Group, Inc is a diversified international transportation services company that operates automotive and commercial vehicle dealerships. Through its retail automotive operations, the company sells new and used cars and trucks representing a range of manufacturers and provides related services, including vehicle maintenance and repair, parts, collision repair, financing, insurance products and extended service contracts.

The company also operates commercial truck dealerships that sell and service new and used trucks and offer parts and maintenance services to commercial customers.

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