NYSE:PAG

Penske Automotive Group Stock Forecast, Price & News

$78.90
-1.24 (-1.55 %)
(As of 06/14/2021 10:36 AM ET)
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Today's Range
$78.90
$79.81
50-Day Range
$79.02
$92.51
52-Week Range
$36.31
$93.45
Volume178 shs
Average Volume279,319 shs
Market Capitalization$6.38 billion
P/E Ratio9.42
Dividend Yield2.20%
Beta1.63
30 days | 90 days | 365 days | Advanced Chart
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Penske Automotive Group logo

About Penske Automotive Group

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. 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 engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 304 retail automotive franchises, including 142 franchises located in the United States and 162 franchises located outside of the United States; 17 used vehicle supercenters in the United States and the United Kingdom; and 25 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, and Idaho, the United States, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Miscellaneous


MarketRank

Overall MarketRank

2.04 out of 5 stars

Retail/Wholesale Sector

34th out of 402 stocks

Automotive Dealers & Gasoline Service Stations Industry

5th out of 30 stocks

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Penske Automotive Group (NYSE:PAG) Frequently Asked Questions

Is Penske Automotive Group a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Penske Automotive Group stock.
View analyst ratings for Penske Automotive Group
or view top-rated stocks.

What stocks does MarketBeat like better than Penske Automotive Group?

Wall Street analysts have given Penske Automotive Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Penske Automotive Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Penske Automotive Group's next earnings date?

Penske Automotive Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Penske Automotive Group
.

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings data on Tuesday, April, 27th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.45. The company had revenue of $5.77 billion for the quarter, compared to the consensus estimate of $5.42 billion. Penske Automotive Group had a net margin of 3.18% and a trailing twelve-month return on equity of 20.79%. The business's revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 EPS.
View Penske Automotive Group's earnings history
.

How has Penske Automotive Group's stock been impacted by COVID-19 (Coronavirus)?

Penske Automotive Group's stock was trading at $40.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PAG stock has increased by 99.4% and is now trading at $79.81.
View which stocks have been most impacted by COVID-19
.

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 13th. Stockholders of record on Monday, May 24th will be given a dividend of $0.44 per share on Wednesday, June 2nd. This represents a $1.76 annualized dividend and a yield of 2.21%. The ex-dividend date is Friday, May 21st. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.43.
View Penske Automotive Group's dividend history
.

Is Penske Automotive Group a good dividend stock?

Penske Automotive Group pays an annual dividend of $1.76 per share and currently has a dividend yield of 2.20%. Penske Automotive Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Penske Automotive Group is 26.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Penske Automotive Group will have a dividend payout ratio of 19.91% next year. This indicates that Penske Automotive Group will be able to sustain or increase its dividend.
View Penske Automotive Group's dividend history.

What price target have analysts set for PAG?

7 brokers have issued 1-year price objectives for Penske Automotive Group's shares. Their forecasts range from $43.00 to $92.00. On average, they anticipate Penske Automotive Group's share price to reach $70.25 in the next twelve months. This suggests that the stock has a possible downside of 12.0%.
View analysts' price targets for Penske Automotive Group
or view top-rated stocks among Wall Street analysts.

Who are Penske Automotive Group's key executives?

Penske Automotive Group's management team includes the following people:
  • Mr. Roger S. Penske Sr., Chairman & CEO (Age 84, Pay $979.55k)
  • Mr. Robert H. Kurnick Jr., Pres & Director (Age 59, Pay $533.58k)
  • Mr. John D. Carlson Jr., Exec. VP & CFO (Age 51, Pay $1.01M)
  • Mr. Shane M. Spradlin, Exec. VP, Gen. Counsel & Sec. (Age 51, Pay $1.01M)
  • Mr. Claude H. Denker III, Exec. VP of HR (Age 62, Pay $968.45k)
  • Mr. Richard A. Hook, Exec. VP & Chief Information Officer (Age 46)
  • Mr. Anthony R. Pordon, Exec. VP of Investor Relations & Corp. Devel. (Age 56)
  • Ms. Tracy Cassidy, Exec. VP of Marketing (Age 48)
  • Mr. Hiroshi Ishikawa, Exec. VP of International Bus. Devel. (Age 58)
  • Mr. George W. Brochick, Exec. VP of Strategic Devel. (Age 76)

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

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

Who are some of Penske Automotive Group's key competitors?

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.com (CRM), Alaska Air Group (ALK), Signet Jewelers (SIG), Intel (INTC), JPMorgan Chase & Co. (JPM), L Brands (LB), Schlumberger (SLB), AbbVie (ABBV), The 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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.09%), Burgundy Asset Management Ltd. (2.95%), LSV Asset Management (2.71%), BlackRock Inc. (1.81%), Victory Capital Management Inc. (1.20%) and AQR Capital Management LLC (0.70%). Company insiders that own Penske Automotive Group stock include Claude H Denker III, John Barr, John D Jr Carlson, Kimberly J Mcwaters, Roger S Penske and Shane M Spradlin.
View institutional ownership trends for Penske Automotive Group
.

Which institutional investors are selling Penske Automotive Group stock?

PAG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Victory Capital Management Inc., Northern Trust Corp, Dimensional Fund Advisors LP, LSV Asset Management, Brandywine Global Investment Management LLC, Prudential Financial Inc., and Rhumbline Advisers. Company insiders that have sold Penske Automotive Group company stock in the last year include Claude H Denker III, John Barr, John D Jr Carlson, and Roger S Penske.
View insider buying and selling activity for Penske Automotive Group
or view top insider-selling stocks.

Which institutional investors are buying Penske Automotive Group stock?

PAG stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Principal Street Partners LLC, Millennium Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Bahl & Gaynor Inc., AQR Capital Management LLC, D. E. Shaw & Co. Inc., and JPMorgan Chase & Co..
View insider buying and selling activity for Penske Automotive Group
or or view top insider-buying stocks.

How do I buy shares of Penske Automotive Group?

Shares of PAG 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 $79.81.

How much money does Penske Automotive Group make?

Penske Automotive Group has a market capitalization of $6.45 billion and generates $20.44 billion in revenue each year. The company earns $543.60 million in net income (profit) each year or $6.64 on an earnings per share basis.

How many employees does Penske Automotive Group have?

Penske Automotive Group employs 23,000 workers across the globe.

What is Penske Automotive Group's official website?

The official website for Penske Automotive Group is www.penskeautomotive.com.

Where are Penske Automotive Group's headquarters?

Penske Automotive Group is headquartered at 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302.

How can I contact Penske Automotive Group?

Penske Automotive Group's mailing address is 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302. The company can be reached via phone at 248-648-2500 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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