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. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend 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) announced its quarterly earnings data on Tuesday, October, 29th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.01. The firm had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.89 billion. Penske Automotive Group had a return on equity of 16.40% and a net margin of 1.91%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business 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 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 brokerages have issued 1-year price targets for Penske Automotive Group's shares. Their forecasts range from $57.00 to $61.00. On average, they expect Penske Automotive Group's share price to reach $59.33 in the next year. This suggests a possible upside of 21.6% 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.

Press coverage about PAG stock has trended extremely negative on Friday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penske Automotive Group earned a news impact score of -5.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the next few days. View News Stories for Penske Automotive Group.

Penske Automotive Group saw a decrease in short interest in December. As of December 31st, there was short interest totalling 5,220,000 shares, a decrease of 5.9% from the December 15th total of 5,550,000 shares. Based on an average trading volume of 316,000 shares, the short-interest ratio is presently 16.5 days. Currently, 15.7% of the company's stock are short sold. 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), Lululemon Athletica (LULU), AbbVie (ABBV), Harman International Industries (HAR), Novartis (NVS) and Intel (INTC).

Penske Automotive Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.52%), Occidental Asset Management LLC (0.02%), Wedbush Securities Inc. (0.02%), SeaCrest Wealth Management LLC (0.01%), 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 purchased by a variety of institutional investors in the last quarter, including SeaCrest Wealth Management LLC, Fenimore Asset Management Inc., Burke & Herbert Bank & Trust Co., Occidental Asset Management LLC, CENTRAL TRUST Co 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 $48.81.

Penske Automotive Group has a market capitalization of $3.96 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]