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The single greatest medical breakthrough of all time? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Laser breakthrough could send stock soaring 2,467% (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Laser breakthrough could send stock soaring 2,467% (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
The single greatest medical breakthrough of all time? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Laser breakthrough could send stock soaring 2,467% (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Laser breakthrough could send stock soaring 2,467% (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
The single greatest medical breakthrough of all time? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Laser breakthrough could send stock soaring 2,467% (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Laser breakthrough could send stock soaring 2,467% (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
The single greatest medical breakthrough of all time? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
NYSE:PAG

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

$151.37
+4.34 (+2.95%)
(As of 06/7/2023 ET)
Compare
Today's Range
$147.46
$152.54
50-Day Range
$135.19
$151.37
52-Week Range
$94.49
$155.36
Volume
271,303 shs
Average Volume
347,839 shs
Market Capitalization
$10.44 billion
P/E Ratio
8.38
Dividend Yield
1.74%
Price Target
$140.00

Penske Automotive Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.5% Downside
$140.00 Price Target
Short Interest
Bearish
20.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.61
Upright™ Environmental Score
News Sentiment
0.08mentions of Penske Automotive Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth
-4.11%
From $15.58 to $14.94 Per Share

Overall MarketRank

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

1.39 out of 5 stars

Retail/Wholesale Sector

185th out of 205 stocks

Automotive Dealers & Gasoline Service Stations Industry

16th out of 22 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.

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PAG Stock News Headlines

[Strong Buy Alert] Is this laser stock in your portfolio?
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? There are very few opportunities like this in today's bear market... But our analysts identified a tiny defense company landing billions of dollars in contracts every year.
Penske Automotive Group (NYSE: PAG)
This Company Is Solving A Multi-Billion Dollar Problem!
This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!
Penske Is Steady, But The Road Ahead May Be Bumpy
Q1 2023 Penske Automotive Group Inc Earnings Call
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
See More Headlines

PAG Price History

PAG Company Calendar

Last Earnings
4/26/2023
Ex-Dividend for 6/1 Dividend
5/19/2023
Dividend Payable
6/01/2023
Today
6/07/2023
Next Earnings (Estimated)
7/26/2023
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
$140.00
High Stock Price Forecast
$182.00
Low Stock Price Forecast
$88.00
Forecasted Upside/Downside
-7.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
6.28%

Debt

Sales & Book Value

Annual Sales
$27.81 billion
Cash Flow
$22.30 per share
Book Value
$58.55 per share

Miscellaneous

Free Float
36,846,000
Market Cap
$10.43 billion
Optionable
Optionable
Beta
1.21

Key Executives

  • Roger S. PenskeRoger S. Penske
    Chairman & Chief Executive Officer
  • Robert H. Kurnick
    President & Director
  • Randall Seymore
    Chief Operating Officer-Worldwide Operations
  • Michelle Hulgrave
    Executive VP, Chief Financial & Accounting Officer
  • Richard A. Hook
    Chief Information Officer & Executive VP













PAG Stock - Frequently Asked Questions

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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PAG, but not buy additional shares or sell existing shares.
View PAG analyst ratings
or view top-rated stocks.

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

3 equities research analysts have issued 1 year price targets for Penske Automotive Group's stock. Their PAG share price forecasts range from $88.00 to $182.00. On average, they predict the company's stock price to reach $140.00 in the next year. This suggests that the stock has a possible downside of 7.4%.
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 at the beginning of 2023. Since then, PAG shares have increased by 31.6% and is now trading at $151.20.
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, July 26th 2023.
View our PAG earnings forecast
.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) posted its earnings results on Wednesday, April, 26th. The company reported $4.31 EPS for the quarter, beating the consensus estimate of $4.03 by $0.28. The business earned $7.34 billion during the quarter, compared to the consensus estimate of $7.02 billion. Penske Automotive Group had a trailing twelve-month return on equity of 31.14% and a net margin of 4.65%. Penske Automotive Group's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.76 EPS.

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 Thursday, May 11th. Investors of record on Monday, May 22nd will be paid a dividend of $0.66 per share on Thursday, June 1st. This represents a $2.64 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Friday, May 19th. This is an increase from the stock's previous quarterly dividend of $0.61.
Read our dividend analysis for PAG
.

Is Penske Automotive Group a good dividend stock?

Penske Automotive Group (NYSE:PAG) pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.84%. 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 14.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PAG will have a dividend payout ratio of 17.67% 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."

Who are Penske Automotive Group's major shareholders?

Penske Automotive Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.00%), LSV Asset Management (2.28%), BlackRock Inc. (1.90%), Burgundy Asset Management Ltd. (1.62%), Bank of America Corp DE (0.97%) and Envestnet Asset Management Inc. (0.90%). Insiders that own company stock include Claude H Denker III, John Barr, John D Jr Carlson, Kimberly J Mcwaters, Michelle Hulgrave, Robert H Kurnick Jr, Roger S Penske and Shane M Spradlin.
View institutional ownership trends
.

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 $151.20.

How much money does Penske Automotive Group make?

Penske Automotive Group (NYSE:PAG) has a market capitalization of $10.43 billion and generates $27.81 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $18.06 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 6/8/2023 by MarketBeat.com Staff

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