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 announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Monday, February 24th will be paid a dividend of $0.42 per share on Tuesday, March 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Penske Automotive Group's previous quarterly dividend of $0.41. View Penske Automotive Group's Dividend History.

Penske Automotive Group, Inc. (NYSE:PAG) posted its quarterly earnings data on Wednesday, February, 5th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.05. The business earned $5.88 billion during the quarter, compared to analyst estimates of $5.77 billion. Penske Automotive Group had a return on equity of 16.37% and a net margin of 1.89%. The company's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.11 EPS. View Penske Automotive Group's Earnings History.

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Penske Automotive Group.

5 analysts have issued 12-month price targets for Penske Automotive Group's shares. Their forecasts range from $53.00 to $60.00. On average, they anticipate Penske Automotive Group's share price to reach $56.67 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price. View Analyst Price Targets for Penske Automotive Group.

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

News articles about PAG stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 sentiment score of 2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. 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), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), Monro (MNRO), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) 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), Schlumberger (SLB), Lululemon Athletica (LULU), Harman International Industries (HAR), Novartis (NVS), Intel (INTC) and AbbVie (ABBV).

Penske Automotive Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (3.14%), Victory Capital Management Inc. (2.60%), Victory Capital Management Inc. (2.55%), Ceredex Value Advisors LLC (1.04%), Bank of America Corp DE (1.02%) and State Street Corp (0.79%). 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 CI Investments Inc., Ceredex Value Advisors LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Strs Ohio, First Republic Investment Management Inc. and AlphaCrest Capital Management 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Mackay Shields LLC, Eaton Vance Management, Man Group plc, Wealthspire Advisors L.P., AQR Capital Management LLC, Algert Global LLC and Victory Capital Management Inc.. 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 $47.41.

Penske Automotive Group has a market capitalization of $3.86 billion and generates $23.18 billion in revenue each year. The company earns $435.80 million in net income (profit) each year or $5.28 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]