What is Seaport Res Ptn's Forecast for PAG Q2 Earnings?

Key Points

• Seaport Res Ptn has increased its Q2 2025 earnings per share estimate for Penske Automotive Group from $3.54 to $3.57, with a consensus full-year estimate of $13.86 per share.
• Penske Automotive Group recently declared a quarterly dividend of $1.32 per share, marking an increase from the previous $1.26 dividend and resulting in an annualized yield of 3.16%.
• The company's share buyback plan allows for the repurchase of up to $250 million in stock, signifying management's belief that the stock is currently undervalued.

Penske Automotive Group, Inc. (NYSE:PAG - Free Report) - Analysts at Seaport Res Ptn increased their Q2 2025 EPS estimates for Penske Automotive Group in a note issued to investors on Wednesday, July 30th. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $3.57 for the quarter, up from their prior estimate of $3.54. The consensus estimate for Penske Automotive Group's current full-year earnings is $13.86 per share. Seaport Res Ptn also issued estimates for Penske Automotive Group's Q3 2025 earnings at $3.55 EPS and FY2025 earnings at $13.93 EPS.

PAG has been the subject of a number of other research reports. Stephens reaffirmed an "equal weight" rating and issued a $140.00 price objective on shares of Penske Automotive Group in a report on Wednesday, June 11th. Citigroup increased their target price on shares of Penske Automotive Group from $185.00 to $195.00 and gave the stock a "buy" rating in a report on Monday, May 19th. JPMorgan Chase & Co. dropped their target price on shares of Penske Automotive Group from $160.00 to $155.00 and set an "underweight" rating on the stock in a report on Thursday, July 17th. Bank of America increased their target price on shares of Penske Automotive Group from $190.00 to $205.00 and gave the stock a "buy" rating in a report on Monday, June 16th. Finally, Wall Street Zen raised shares of Penske Automotive Group from a "hold" rating to a "buy" rating in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $175.00.

Penske Automotive Group Stock Up 0.5%

Shares of PAG stock traded up $0.85 during trading hours on Thursday, hitting $168.26. 267,673 shares of the company were exchanged, compared to its average volume of 237,580. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.23 and a current ratio of 0.90. Penske Automotive Group has a one year low of $134.05 and a one year high of $186.33. The business's 50-day simple moving average is $171.34 and its two-hundred day simple moving average is $163.11. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 11.71 and a beta of 0.87.

Penske Automotive Group (NYSE:PAG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $3.78 EPS for the quarter, topping the consensus estimate of $3.56 by $0.22. Penske Automotive Group had a net margin of 3.13% and a return on equity of 17.43%. The business had revenue of $7.66 billion for the quarter, compared to analysts' expectations of $7.98 billion. During the same quarter last year, the company posted $3.61 earnings per share. The company's quarterly revenue was down .4% compared to the same quarter last year.

Penske Automotive Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Friday, August 15th will be issued a $1.32 dividend. The ex-dividend date of this dividend is Friday, August 15th. This is an increase from Penske Automotive Group's previous quarterly dividend of $1.26. This represents a $5.28 annualized dividend and a yield of 3.1%. Penske Automotive Group's dividend payout ratio is currently 36.74%.

Penske Automotive Group announced that its board has initiated a stock buyback program on Wednesday, May 14th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 2.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Shane M. Spradlin sold 3,158 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $167.10, for a total value of $527,701.80. Following the completion of the sale, the executive vice president owned 36,152 shares of the company's stock, valued at $6,040,999.20. This represents a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Roger S. Penske sold 77,357 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $161.37, for a total transaction of $12,483,099.09. Following the completion of the sale, the chief executive officer directly owned 140,042 shares of the company's stock, valued at $22,598,577.54. The trade was a 35.58% decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,044 shares of company stock valued at $13,257,948 over the last 90 days. 51.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Penske Automotive Group

A number of institutional investors and hedge funds have recently bought and sold shares of PAG. KLP Kapitalforvaltning AS acquired a new stake in Penske Automotive Group in the 4th quarter valued at about $625,000. LPL Financial LLC raised its holdings in Penske Automotive Group by 48.0% during the 4th quarter. LPL Financial LLC now owns 9,638 shares of the company's stock worth $1,469,000 after buying an additional 3,124 shares during the period. Vanguard Group Inc. raised its holdings in Penske Automotive Group by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 1,999,191 shares of the company's stock worth $304,757,000 after buying an additional 12,912 shares during the period. Norges Bank acquired a new stake in Penske Automotive Group during the 4th quarter worth about $22,049,000. Finally, Headlands Technologies LLC acquired a new stake in Penske Automotive Group during the 4th quarter worth about $76,000. 77.08% of the stock is owned by institutional investors and hedge funds.

Penske Automotive Group Company Profile

Penske Automotive Group, Inc, a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors.