NYSE:PAG Penske Automotive Group (PAG) Stock Forecast, Price & News $151.37 +4.34 (+2.95%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$147.46▼$152.5450-Day Range$135.19▼$151.3752-Week Range$94.49▼$155.36Volume271,303 shsAverage Volume347,839 shsMarket Capitalization$10.44 billionP/E Ratio8.38Dividend Yield1.74%Price Target$140.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Penske Automotive Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.5% Downside$140.00 Price TargetShort InterestBearish20.78% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.61Upright™ Environmental ScoreNews Sentiment0.08Based on 7 Articles This WeekInsider TradingSelling Shares$2.25 M Sold Last QuarterProj. Earnings Growth-4.11%From $15.58 to $14.94 Per ShareSee Full Details Hide Full Details 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 starsRetail/Wholesale Sector185th out of 205 stocksAutomotive Dealers & Gasoline Service Stations Industry16th out of 22 stocks 1.0 Analyst's Opinion Consensus RatingPenske Automotive Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $140.00, Penske Automotive Group has a forecasted downside of 7.5% from its current price of $151.37.Amount of Analyst CoveragePenske Automotive Group has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted20.78% of the float of Penske Automotive Group has been sold short.Short Interest Ratio / Days to CoverPenske Automotive Group has a short interest ratio ("days to cover") of 12.7, which indicates bearish sentiment.Change versus previous monthShort interest in Penske Automotive Group has recently increased by 2.91%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPenske Automotive Group pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPenske Automotive Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Penske Automotive Group is 14.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Penske Automotive Group will have a dividend payout ratio of 17.67% next year. This indicates that Penske Automotive Group will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePenske Automotive Group has received a -43.04% net impact score from Upright. The largest negative impact of Penske Automotive in category "GHG emissions" seems to be driven mostly by its "Truck repair", "Physical retail of new cars at a car dealer", and "Bus repair" products. See details.Environmental SustainabilityThe Environmental Impact score for Penske Automotive Group is -2.61. Previous Next 2.3 News and Social Media Coverage News SentimentPenske Automotive Group has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Penske Automotive Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for PAG on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat Follows1 people have added Penske Automotive Group to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Penske Automotive Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,251,048.00 in company stock.Percentage Held by Insiders46.60% of the stock of Penske Automotive Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 32.66% of the stock of Penske Automotive Group is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Penske Automotive Group are expected to decrease by -4.11% in the coming year, from $15.58 to $14.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Penske Automotive Group is 8.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Penske Automotive Group is 8.38, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.87.Price to Book Value per Share RatioPenske Automotive Group has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Penske Automotive Group (NYSE:PAG) StockPenske 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.Read More Receive PAG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Penske Automotive Group and its competitors with MarketBeat's FREE daily newsletter. Email Address PAG Stock News HeadlinesJune 5, 2023 | finance.yahoo.comPENSKE AUTOMOTIVE GROUP ACQUIRES COMMERCIAL TRUCK DEALERSHIPS IN CANADAMay 28, 2023 | americanbankingnews.comPenske Automotive Group (NYSE:PAG) Stock Rating Lowered by StockNews.comJune 8, 2023 | Behind the Markets (Ad)[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.May 23, 2023 | fool.comPenske Automotive Group (NYSE: PAG)May 20, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Penske Automotive Group, Inc. Issued By Zacks Research (NYSE:PAG)May 17, 2023 | americanbankingnews.comFY2025 EPS Estimates for Penske Automotive Group, Inc. (NYSE:PAG) Lifted by AnalystMay 16, 2023 | msn.comPenske Automotive Group's Ex-Dividend Date Is Friday, Here's What You Need To KnowMay 15, 2023 | finance.yahoo.comPenske Automotive Group (NYSE:PAG) Will Pay A Larger Dividend Than Last Year At $0.66June 8, 2023 | UNKNOWN (Ad)This Company Is Solving A Multi-Billion Dollar Problem!This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!May 14, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Penske Automotive Group, Inc. (NYSE:PAG) Increased by AnalystMay 13, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Penske Automotive Group, Inc.'s Q4 2023 Earnings (NYSE:PAG)May 13, 2023 | msn.comPenske Automotive Group (PAG) Declares $0.66 DividendMay 12, 2023 | finance.yahoo.comCan Penske Automotive Group, Inc. (NYSE:PAG) Maintain Its Strong Returns?May 11, 2023 | msn.comPenske Automotive raises dividend by 8.2% to $0.66May 11, 2023 | finance.yahoo.comPENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 8% AND ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITYMay 1, 2023 | msn.comPenske (PAG) Q1 Earnings Mark 12th Straight Quarter of BeatApril 30, 2023 | seekingalpha.comPenske Is Steady, But The Road Ahead May Be BumpyApril 27, 2023 | msn.comPenske Automotive Group stock wavers despite record revenue report (update)April 27, 2023 | finance.yahoo.comQ1 2023 Penske Automotive Group Inc Earnings CallApril 26, 2023 | seekingalpha.comPenske Automotive Group, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 26, 2023 | msn.comPenske Automotive's Q1 Performance Exceeds Expectations Despite Inventory Challenges & Cost PressuresApril 26, 2023 | finance.yahoo.comPenske (PAG) Q1 Earnings: Taking a Look at Key Metrics Versus EstimatesApril 26, 2023 | finance.yahoo.comPenske Automotive's Q1 Performance Exceeds Expectations Despite Inventory Challenges & Cost PressuresApril 26, 2023 | msn.comPenske Automotive Group stock rises on record revenueApril 26, 2023 | finance.yahoo.comPENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTSApril 26, 2023 | finance.yahoo.comPenske Automotive (PAG) Tops Q1 Earnings and Revenue EstimatesApril 24, 2023 | americanbankingnews.comPenske Automotive Group (PAG) Scheduled to Post Earnings on WednesdaySee More Headlines PAG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAG Company Calendar Last Earnings4/26/2023Ex-Dividend for 6/1 Dividend5/19/2023Dividend Payable6/01/2023Today6/07/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:PAG CUSIP70959W10 CIK1019849 Webwww.penskeautomotive.com Phone(248) 648-2500Fax248-648-2525Employees41,500Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$18.06 Trailing P/E Ratio8.37 Forward P/E Ratio9.70 P/E GrowthN/ANet Income$1.38 billion Net Margins4.65% Pretax Margin6.28% Return on Equity31.14% Return on Assets9.43% Debt Debt-to-Equity Ratio0.37 Current Ratio1.01 Quick Ratio0.25 Sales & Book Value Annual Sales$27.81 billion Price / Sales0.38 Cash Flow$22.30 per share Price / Cash Flow6.78 Book Value$58.55 per share Price / Book2.58Miscellaneous Outstanding Shares69,000,000Free Float36,846,000Market Cap$10.43 billion OptionableOptionable Beta1.21 Key ExecutivesRoger S. PenskeChairman & Chief Executive OfficerRobert H. KurnickPresident & DirectorRandall SeymoreChief Operating Officer-Worldwide OperationsMichelle HulgraveExecutive VP, Chief Financial & Accounting OfficerRichard A. HookChief Information Officer & Executive VPKey CompetitorsCarMaxNYSE:KMXLithia MotorsNYSE:LADAutoNationNYSE:ANAsbury Automotive GroupNYSE:ABGGroup 1 AutomotiveNYSE:GPIView All CompetitorsInsiders & InstitutionsShane M SpradlinSold 3,284 sharesTotal: $463,766.48 ($141.22/share)Michelle HulgraveSold 2,000 sharesTotal: $290,260.00 ($145.13/share)Alterna Wealth Management Inc.Sold 313 shares on 5/26/2023Ownership: 0.002%Brandywine Global Investment Management LLCSold 544 shares on 5/25/2023Ownership: 0.222%Toroso Investments LLCBought 4,015 shares on 5/23/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Penske Automotive Group's stock? ETFs with the largest weight of Penske Automotive Group (NYSE:PAG) stock in their portfolio include WBI BullBear Value 3000 ETF (WBIF), iShares Focused Value Factor ETF (FOVL), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Cambria Value and Momentum ETF (VAMO), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Cambria Shareholder Yield ETF (SYLD), First Trust Consumer Discretionary AlphaDEX Fund (FXD) and SPDR S&P Retail ETF (XRT). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Penske Automotive Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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