NYSE:PAG Penske Automotive Group (PAG) Stock Forecast, Price & News $161.22 -0.89 (-0.55%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$159.83▼$162.1050-Day Range$159.02▼$179.7552-Week Range$94.49▼$180.84Volume233,206 shsAverage Volume276,549 shsMarket Capitalization$10.85 billionP/E Ratio9.19Dividend Yield1.79%Price Target$166.60 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Penske Automotive Group MarketRank™ ForecastAnalyst RatingReduce1.75 Rating ScoreUpside/Downside3.3% Upside$166.60 Price TargetShort InterestBearish21.49% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.61Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$2.32 M Sold Last QuarterProj. Earnings Growth-5.61%From $16.57 to $15.64 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.1.32 out of 5 starsRetail/Wholesale Sector194th out of 208 stocksAutomotive Dealers & Gasoline Service Stations Industry15th out of 20 stocks 0.9 Analyst's Opinion Consensus RatingPenske Automotive Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $166.60, Penske Automotive Group has a forecasted upside of 3.3% from its current price of $161.22.Amount of Analyst CoveragePenske Automotive Group has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted21.49% 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 10.6, which indicates bearish sentiment.Change versus previous monthShort interest in Penske Automotive Group has recently increased by 1.52%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPenske Automotive Group pays a meaningful dividend of 1.78%, 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 16.42%. 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 18.41% 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 1.9 News and Social Media Coverage News SentimentPenske Automotive Group has a news sentiment score of 0.44. 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 0.61 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for Penske Automotive Group this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PAG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows7 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 $2,317,292.00 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 27.26% 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 -5.61% in the coming year, from $16.57 to $15.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Penske Automotive Group is 9.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Penske Automotive Group is 9.19, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.18.Price to Book Value per Share RatioPenske Automotive Group has a P/B Ratio of 2.75. 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 PAG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAG Stock News HeadlinesAugust 30, 2023 | marketbeat.comWhy Analysts Love These 2 Car Sales Platforms, And Avoid DealersAs car prices stabilize and come back down to normality, money begins to pivot into these two stocks while avoiding names like these other twoSeptember 23, 2023 | americanbankingnews.comPenske Automotive Group (NYSE:PAG) Stock Rating Lowered by StockNews.comSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."September 15, 2023 | stocknews.com3 Trending Auto Stocks to Keep WatchingSeptember 15, 2023 | finance.yahoo.comPenske (PAG) Is Attractively Priced Despite Fast-paced MomentumSeptember 11, 2023 | finance.yahoo.comGabelli Funds to Host 47th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, NevadaSeptember 6, 2023 | benzinga.comPresident of Penske Automotive Group Makes $1.83M SaleAugust 25, 2023 | finance.yahoo.comPenske (PAG) Up 1% Since Last Earnings Report: Can It Continue?September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile 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."August 14, 2023 | finance.yahoo.comWhat Makes Penske Automotive (PAG) an Attractive Pick?August 11, 2023 | finance.yahoo.comPENSKE AUTOMOTIVE GROUP ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINAAugust 10, 2023 | msn.comMorgan Stanley Maintains Penske Automotive Group (PAG) Underweight RecommendationAugust 5, 2023 | finance.yahoo.comPenske Automotive Group (NYSE:PAG) Is Increasing Its Dividend To $0.72August 4, 2023 | finance.yahoo.comPenske Automotive Group, Inc. (NYSE:PAG) Passed Our Checks, And It's About To Pay A US$0.72 DividendAugust 2, 2023 | finance.yahoo.comPenske Automotive Group Inc. (PAG): A Strong Contender in the Vehicles & Parts Industry ...August 1, 2023 | finance.yahoo.comErie Indemnity and Penske Automotive Group Set to Join S&P MidCap 400July 28, 2023 | msn.comBenchmark Maintains Penske Automotive Group (PAG) Buy RecommendationJuly 27, 2023 | finance.yahoo.comPenske (PAG) Q2 Earnings Mark 13th Straight Quarter of BeatJuly 27, 2023 | finance.yahoo.comPenske Automotive Group, Inc. (NYSE:PAG) Q2 2023 Earnings Call TranscriptJuly 27, 2023 | finance.yahoo.comQ2 2023 Penske Automotive Group Inc Earnings CallJuly 26, 2023 | benzinga.comPenske Automotive Beats Q2 Revenue Estimates, Driven By Strong Auto And Truck OperationsJuly 26, 2023 | finance.yahoo.comPenske Automotive (PAG) Q2 Earnings and Revenues Beat EstimatesJuly 26, 2023 | finance.yahoo.comCompared to Estimates, Penske (PAG) Q2 Earnings: A Look at Key MetricsJuly 26, 2023 | seekingalpha.comPenske Automotive Group, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 25, 2023 | benzinga.comPenske Automotive Group's Earnings: A PreviewJuly 22, 2023 | finance.yahoo.comPenske Automotive Group's (NYSE:PAG) Dividend Will Be Increased To $0.72July 20, 2023 | msn.comPenske Automotive Group: Still Looking Good Heading Into EarningsSee More Headlines 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 Company Calendar Last Earnings7/26/2023Ex-Dividend for 9/1 Dividend8/09/2023Dividend Payable9/01/2023Today9/27/2023Next Earnings (Estimated)10/25/2023Fiscal 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$166.60 High Stock Price Forecast$205.00 Low Stock Price Forecast$107.00 Forecasted Upside/Downside+3.3%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$17.54 Trailing P/E Ratio9.19 Forward P/E Ratio9.73 P/E GrowthN/ANet Income$1.38 billion Net Margins4.30% Pretax Margin5.81% Return on Equity29.07% Return on Assets8.70% Debt Debt-to-Equity Ratio0.37 Current Ratio1.00 Quick Ratio0.24 Sales & Book Value Annual Sales$27.81 billion Price / Sales0.39 Cash Flow$21.35 per share Price / Cash Flow7.55 Book Value$58.55 per share Price / Book2.75Miscellaneous Outstanding Shares67,300,000Free Float35,937,000Market Cap$10.85 billion OptionableOptionable Beta1.23 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Roger S. Penske Sr. (Age 86)Chairman & CEO Comp: $2.3MMr. Robert H. Kurnick Jr. (Age 61)Pres & Director Comp: $1.12MMs. Michelle Hulgrave (Age 44)Exec. VP & CFO Comp: $1.04MMr. Shane M. Spradlin (Age 53)Exec. VP, Gen. Counsel & Sec. Comp: $1.34MMr. Claude H. Denker III (Age 64)Exec. VP of HR Comp: $1.29MMr. 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 WolfeExec. VP of Western Region U.S OperationsMore ExecutivesKey CompetitorsCarMaxNYSE:KMXLithia MotorsNYSE:LADAutoNationNYSE:ANAsbury Automotive GroupNYSE:ABGGroup 1 AutomotiveNYSE:GPIView All CompetitorsInsiders & InstitutionsM Holdings Securities Inc.Sold 1,234 shares on 9/26/2023Ownership: 0.002%Robert H Kurnick JrSold 10,997 sharesTotal: $1.83 M ($166.12/share)California State Teachers Retirement SystemSold 9,750 shares on 8/21/2023Ownership: 0.038%Osaic Holdings Inc.Sold 347 shares on 8/21/2023Ownership: 0.026%Nuveen Asset Management LLCSold 9,123 shares on 8/16/2023Ownership: 0.089%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Penske Automotive Group's stock? ETFs with the largest weight of Penske Automotive Group (NYSE:PAG) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Cambria Shareholder Yield ETF (SYLD), Qraft AI-Enhanced Next Value ETF (NVQ), SPDR S&P Retail ETF (XRT), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and AdvisorShares Insiders Advantage ETF (SURE). 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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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