S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
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Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
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Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NYSE:PAG

Penske Automotive Group (PAG) Stock Forecast, Price & News

$167.06
-0.98 (-0.58%)
(As of 09/29/2023 ET)
Compare
Today's Range
$166.76
$170.00
50-Day Range
$159.02
$174.93
52-Week Range
$94.83
$180.84
Volume
307,297 shs
Average Volume
283,092 shs
Market Capitalization
$11.24 billion
P/E Ratio
9.52
Dividend Yield
1.72%
Price Target
$166.60

Penske Automotive Group MarketRank™ Forecast

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
0.3% Downside
$166.60 Price Target
Short Interest
Healthy
19.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.61
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$2.32 M Sold Last Quarter
Proj. Earnings Growth
-5.61%
From $16.57 to $15.64 Per Share

Overall MarketRank

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

1.66 out of 5 stars

Retail/Wholesale Sector

180th out of 214 stocks

Automotive Dealers & Gasoline Service Stations Industry

12th out of 21 stocks


PAG stock logo

About Penske Automotive Group (NYSE:PAG) Stock

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships in the United States and internationally. 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. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

PAG Price History

PAG Stock News Headlines

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Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
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This Stock Could Go Up 66% or More.
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What Makes Penske Automotive (PAG) an Attractive Pick?
Q2 2023 Penske Automotive Group Inc Earnings Call
Penske Automotive Group's Earnings: A Preview
See More Headlines
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PAG Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 9/1 Dividend
8/09/2023
Dividend Payable
9/01/2023
Today
10/01/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
70959W10
Employees
41,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$166.60
High Stock Price Forecast
$205.00
Low Stock Price Forecast
$107.00
Forecasted Upside/Downside
-0.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
5.81%

Debt

Sales & Book Value

Annual Sales
$27.81 billion
Cash Flow
$21.01 per share
Book Value
$58.55 per share

Miscellaneous

Free Float
32,505,000
Market Cap
$11.24 billion
Optionable
Optionable
Beta
1.23
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Key Executives

  • Mr. Roger S. Penske Sr.Mr. Roger S. Penske Sr. (Age 86)
    Chairman & CEO
    Comp: $2.3M
  • Mr. Robert H. Kurnick Jr.Mr. Robert H. Kurnick Jr. (Age 61)
    Pres & Director
    Comp: $1.12M
  • Ms. Michelle HulgraveMs. Michelle Hulgrave (Age 44)
    Exec. VP & CFO
    Comp: $1.04M
  • Mr. Shane M. SpradlinMr. Shane M. Spradlin (Age 53)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.34M
  • Mr. Claude H. Denker III (Age 64)
    Exec. VP of HR
    Comp: $1.29M
  • Mr. Richard A. Hook (Age 48)
    Exec. VP & Chief Information Officer
  • Mr. Anthony R. Pordon (Age 58)
    Exec. VP of Investor Relations & Corp. Devel.
  • Ms. Tracy Cassady (Age 50)
    Exec. VP of Marketing
  • Mr. George W. Brochick (Age 78)
    Exec. VP of Strategic Devel.
  • Mr. Bernie Wolfe
    Exec. VP of Western Region U.S Operations













PAG Stock - Frequently Asked Questions

Should I buy or sell Penske Automotive Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" PAG shares.
View PAG analyst ratings
or view top-rated stocks.

What is Penske Automotive Group's stock price forecast for 2023?

4 Wall Street research analysts have issued 1-year price targets for Penske Automotive Group's shares. Their PAG share price forecasts range from $107.00 to $205.00. On average, they anticipate the company's stock price to reach $166.60 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts price targets for PAG
or view top-rated stocks among Wall Street analysts.

How have PAG shares performed in 2023?

Penske Automotive Group's stock was trading at $114.93 on January 1st, 2023. Since then, PAG shares have increased by 45.4% and is now trading at $167.06.
View the best growth stocks for 2023 here
.

When is Penske Automotive Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our PAG earnings forecast
.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) issued its earnings results on Wednesday, July, 26th. The company reported $4.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.43. The business earned $7.47 billion during the quarter, compared to analyst estimates of $7.20 billion. Penske Automotive Group had a trailing twelve-month return on equity of 29.07% and a net margin of 4.30%. The company's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the firm earned $4.93 earnings per share.

How often does Penske Automotive Group pay dividends? What is the dividend yield for Penske Automotive Group?

Penske Automotive Group declared a quarterly dividend on Wednesday, July 19th. Investors of record on Thursday, August 10th will be given a dividend of $0.72 per share on Friday, September 1st. This represents a $2.88 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, August 9th. This is a positive change from the stock's previous quarterly dividend of $0.66.
Read our dividend analysis for PAG
.

Is Penske Automotive Group a good dividend stock?

Penske Automotive Group (NYSE:PAG) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.71%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PAG will have a dividend payout ratio of 18.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PAG.

What is Roger Penske's approval rating as Penske Automotive Group's CEO?

60 employees have rated Penske Automotive Group Chief Executive Officer Roger Penske on Glassdoor.com. Roger Penske has an approval rating of 98% among the company's employees. This puts Roger Penske in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Penske Automotive Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penske Automotive Group investors own include Salesforce (CRM), Alaska Air Group (ALK), Signet Jewelers (SIG), Intel (INTC), JPMorgan Chase & Co. (JPM), L Brands (LB), Schlumberger (SLB), AbbVie (ABBV), Walt Disney (DIS) and Lululemon Athletica (LULU).

What is Penske Automotive Group's stock symbol?

Penske Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAG."

How do I buy shares of Penske Automotive Group?

Shares of PAG 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 Penske Automotive Group's stock price today?

One share of PAG stock can currently be purchased for approximately $167.06.

How much money does Penske Automotive Group make?

Penske Automotive Group (NYSE:PAG) has a market capitalization of $11.24 billion and generates $27.81 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $17.54 on an earnings per share basis.

How many employees does Penske Automotive Group have?

The company employs 41,500 workers across the globe.

How can I contact Penske Automotive Group?

Penske Automotive Group's mailing address is 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302. The official website for the company is www.penskeautomotive.com. The company can be reached via phone at (248) 648-2500, via email at tpordon@penskeautomotive.com, or via fax at 248-648-2525.

This page (NYSE:PAG) was last updated on 10/1/2023 by MarketBeat.com Staff

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