NYSE:PAG - Penske Automotive Group Stock Price, Forecast & News

Penske Automotive Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAG."

Penske Automotive Group declared a quarterly dividend on Wednesday, October 16th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.41 per share on Tuesday, December 3rd. This represents a $1.64 annualized dividend and a yield of 3.21%. The ex-dividend date is Thursday, November 7th. This is an increase from Penske Automotive Group's previous quarterly dividend of $0.40. View Penske Automotive Group's Dividend History.

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings results on Tuesday, October, 29th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.01. The business earned $5.97 billion during the quarter, compared to analysts' expectations of $5.89 billion. Penske Automotive Group had a return on equity of 16.40% and a net margin of 1.91%. The business's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.53 earnings per share. View Penske Automotive Group's Earnings History.

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Penske Automotive Group.

4 brokers have issued 12-month price targets for Penske Automotive Group's stock. Their forecasts range from $51.00 to $61.00. On average, they anticipate Penske Automotive Group's stock price to reach $57.00 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Penske Automotive Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penske Automotive Group.

News headlines about PAG stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Penske Automotive Group earned a news impact score of -1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Penske Automotive Group.

Some companies that are related to Penske Automotive Group include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).

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), L Brands (LB), Harman International Industries (HAR), Schlumberger (SLB), Lululemon Athletica (LULU), Novartis (NVS), Intel (INTC) and Blackstone Group (BX).

Penske Automotive Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (0.81%), Gamco Investors INC. ET AL (0.63%), Fenimore Asset Management Inc. (0.50%), Keeley Teton Advisors LLC (0.22%), First Trust Advisors LP (0.20%) and Squarepoint Ops LLC (0.14%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, H Brian Thompson, John Barr, John D Jr Carlson, Kimberly J Mcwaters, Robert H Kurnick Jr and Shane M Spradlin. View Institutional Ownership Trends for Penske Automotive Group.

PAG stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Man Group plc, First Trust Advisors LP, Voya Investment Management LLC, Russell Investments Group Ltd., Virginia Retirement Systems ET AL and Keeley Teton Advisors LLC. Company insiders that have sold Penske Automotive Group company stock in the last year include John Barr, John D Jr Carlson, Kimberly J Mcwaters, Robert H Kurnick Jr and Shane M Spradlin. View Insider Buying and Selling for Penske Automotive Group.

PAG stock was acquired by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, KCM Investment Advisors LLC, Voloridge Investment Management LLC, Fenimore Asset Management Inc., California Public Employees Retirement System, Trust Co. of Vermont, First Hawaiian Bank and Mackay Shields LLC. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PAG stock can currently be purchased for approximately $51.10.

Penske Automotive Group has a market capitalization of $4.14 billion and generates $22.79 billion in revenue each year. The company earns $471 million in net income (profit) each year or $5.34 on an earnings per share basis. Penske Automotive Group employs 27,000 workers across the globe.View Additional Information About Penske Automotive Group.

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

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]