S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Stocks That Really, Really Need the Defense Bill to Pass
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Stocks That Really, Really Need the Defense Bill to Pass
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Stocks That Really, Really Need the Defense Bill to Pass
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Stocks That Really, Really Need the Defense Bill to Pass
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
NYSE:PAG

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

$161.22
-0.89 (-0.55%)
(As of 09/26/2023 ET)
Compare
Today's Range
$159.83
$162.10
50-Day Range
$159.02
$179.75
52-Week Range
$94.49
$180.84
Volume
233,206 shs
Average Volume
276,549 shs
Market Capitalization
$10.85 billion
P/E Ratio
9.19
Dividend Yield
1.79%
Price Target
$166.60

Penske Automotive Group MarketRank™ Forecast

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
3.3% Upside
$166.60 Price Target
Short Interest
Bearish
21.49% 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.

1.32 out of 5 stars

Retail/Wholesale Sector

194th out of 208 stocks

Automotive Dealers & Gasoline Service Stations Industry

15th out of 20 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

Why Analysts Love These 2 Car Sales Platforms, And Avoid Dealers
As car prices stabilize and come back down to normality, money begins to pivot into these two stocks while avoiding names like these other two
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
3 Trending Auto Stocks to Keep Watching
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
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
9/27/2023
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
+3.3%
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
$21.35 per share
Book Value
$58.55 per share

Miscellaneous

Free Float
35,937,000
Market Cap
$10.85 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 brokers have issued 1-year target prices for Penske Automotive Group's stock. Their PAG share price forecasts range from $107.00 to $205.00. On average, they predict the company's stock price to reach $166.60 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price.
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 40.3% and is now trading at $161.22.
View the best growth stocks for 2023 here
.

Are investors shorting Penske Automotive Group?

Penske Automotive Group saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 3,950,000 shares, an increase of 20.4% from the July 31st total of 3,280,000 shares. Based on an average trading volume of 390,400 shares, the short-interest ratio is presently 10.1 days. Currently, 21.2% of the shares of the company are short sold.
View Penske Automotive Group's Short Interest
.

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 quarterly earnings data on Wednesday, July, 26th. The company reported $4.41 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.43. The business earned $7.47 billion during the quarter, compared to analysts' expectations of $7.20 billion. Penske Automotive Group had a net margin of 4.30% and a trailing twelve-month return on equity of 29.07%. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 announced a quarterly dividend on Wednesday, July 19th. Shareholders 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 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Wednesday, August 9th. This is a boost 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 1.81%. 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."

Who are Penske Automotive Group's major shareholders?

Penske Automotive Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.85%), LSV Asset Management (2.17%), BlackRock Inc. (1.76%), Burgundy Asset Management Ltd. (1.52%), Gamco Investors INC. ET AL (0.67%) and State Street Corp (0.63%). 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 $161.22.

How much money does Penske Automotive Group make?

Penske Automotive Group (NYSE:PAG) has a market capitalization of $10.85 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 9/27/2023 by MarketBeat.com Staff

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