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

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

Penske Automotive Group announced a quarterly dividend on Thursday, January 31st. Shareholders of record on Monday, February 11th will be paid a dividend of $0.38 per share on Friday, March 1st. This represents a $1.52 annualized dividend and a yield of 3.53%. The ex-dividend date is Friday, February 8th. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.37. View Penske Automotive Group's Dividend History.

Penske Automotive Group declared that its board has initiated a share repurchase program on Thursday, October 26th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Penske Automotive Group, Inc. (NYSE:PAG) released its quarterly earnings results on Thursday, February, 7th. The company reported $1.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.16 by $0.05. The business earned $5.44 billion during the quarter, compared to analysts' expectations of $5.57 billion. Penske Automotive Group had a net margin of 2.07% and a return on equity of 17.73%. The business's quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 earnings per share. View Penske Automotive Group's Earnings History.

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Penske Automotive Group.

5 brokerages have issued twelve-month price objectives for Penske Automotive Group's stock. Their predictions range from $50.00 to $62.00. On average, they anticipate Penske Automotive Group's stock price to reach $56.80 in the next twelve months. This suggests a possible upside of 32.1% 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penske Automotive Group.

Headlines about PAG stock have trended very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

Some companies that are related to Penske Automotive Group include Copart (CPRT), CarMax (KMX), Carvana (CVNA), KAR Auction Services (KAR), Casey's General Stores (CASY), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Rush Enterprises (RUSHA), Rush Enterprises (RUSHB), Asbury Automotive Group (ABG), Camping World (CWH), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Penske Automotive Group investors own include General Electric (GE), Micron Technology (MU), Intel (INTC), Blackstone Group (BX), NVIDIA (NVDA), salesforce.com (CRM), Alaska Air Group (ALK), Johnson & Johnson (JNJ), Verizon Communications (VZ) and Southwest Airlines (LUV).

Penske Automotive Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.88%), LSV Asset Management (3.24%), Victory Capital Management Inc. (3.22%), BlackRock Inc. (2.94%), London Co. of Virginia (2.07%) and CI Investments Inc. (1.43%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, Claude H Denker III, Corp Penske, 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 BlackRock Inc., London Co. of Virginia, Bank of America Corp DE, Public Employees Retirement System of Ohio, FMR LLC, Keeley Teton Advisors LLC, First Trust Advisors LP and Hsbc Holdings PLC. Company insiders that have sold Penske Automotive Group company stock in the last year include & Co Ltd Mitsui, John Barr, Kimberly J Mcwaters 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 Philadelphia Financial Management of San Francisco LLC, Norges Bank, CI Investments Inc., American Century Companies Inc., Dimensional Fund Advisors LP, Victory Capital Management Inc., Bowling Portfolio Management LLC and Bank of New York Mellon Corp. Company insiders that have bought Penske Automotive Group stock in the last two years include Corp Penske and H Brian Thompson. 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, Scottrade, Fidelity and Charles Schwab.

One share of PAG stock can currently be purchased for approximately $43.01.

Penske Automotive Group has a market capitalization of $3.65 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.

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]