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 given a dividend of $0.41 per share on Tuesday, December 3rd. This represents a $1.64 annualized dividend and a yield of 3.40%. The ex-dividend date is Thursday, November 7th. This is a positive change from Penske Automotive Group's previous quarterly dividend of $0.40. View Penske Automotive Group's Dividend History.

Penske Automotive Group, Inc. (NYSE:PAG) issued its earnings results on Tuesday, October, 29th. The company reported $1.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.41 by $0.01. The business had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.89 billion. Penske Automotive Group had a net margin of 1.91% and a return on equity of 16.40%. The company's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $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 Wednesday, February 5th 2020. View Earnings Estimates for Penske Automotive Group.

Penske Automotive Group will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 equities research analysts have issued twelve-month price targets for Penske Automotive Group's stock. Their forecasts range from $57.00 to $61.00. On average, they expect Penske Automotive Group's share price to reach $59.00 in the next twelve months. This suggests a possible upside of 22.4% 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Penske Automotive Group.

News coverage about PAG stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring 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 closest to five being the most favorable. Penske Automotive Group earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Penske Automotive Group.

Penske Automotive Group saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 5,220,000 shares, a decline of 5.9% from the December 15th total of 5,550,000 shares. Based on an average daily trading volume, of 316,000 shares, the days-to-cover ratio is currently 16.5 days. Currently, 15.7% of the shares of the stock are sold short. View Penske Automotive Group's Current Options Chain.

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), 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), Harman International Industries (HAR), Lululemon Athletica (LULU), Novartis (NVS), Intel (INTC) and AbbVie (ABBV).

Penske Automotive Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (0.52%), Occidental Asset Management LLC (0.02%), Wedbush Securities Inc. (0.02%), IFP Advisors Inc (0.01%) and Burke & Herbert Bank & Trust Co. (0.00%). 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 IFP Advisors Inc. 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 Fenimore Asset Management Inc., Burke & Herbert Bank & Trust Co., Occidental Asset Management LLC and Wedbush Securities 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 $48.21.

Penske Automotive Group has a market capitalization of $3.91 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]