NYSE:PAG - Penske Automotive Group Stock Price, Price Target & More

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, May 10th. Investors of record on Monday, May 21st will be paid a dividend of $0.35 per share on Friday, June 1st. This represents a $1.40 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend is Friday, May 18th. This is an increase from Penske Automotive Group's previous quarterly dividend of $0.34. View Penske Automotive Group's Dividend History.

Penske Automotive Group declared that its board has approved a stock buyback plan on Thursday, October 26th 2017, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Penske Automotive Group, Inc. (NYSE:PAG) announced its earnings results on Wednesday, April, 25th. The company reported $1.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.12. The company earned $5.75 billion during the quarter, compared to analyst estimates of $5.32 billion. Penske Automotive Group had a return on equity of 17.56% and a net margin of 2.90%. The firm's revenue was up 13.1% compared to the same quarter last year. During the same period last year, the firm posted $0.97 EPS. View Penske Automotive Group's Earnings History.

Penske Automotive Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Penske Automotive Group.

8 analysts have issued twelve-month price objectives for Penske Automotive Group's stock. Their forecasts range from $46.00 to $69.00. On average, they expect Penske Automotive Group's stock price to reach $55.7143 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Ratings for Penske Automotive Group.

8 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News headlines about PAG stock have trended somewhat negative recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Penske Automotive Group earned a media sentiment score of -0.04 on Accern's scale. They also assigned news stories about the company an impact score of 43.63 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Penske Automotive Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (0.46%), SG Capital Management LLC (0.14%), Denali Advisors LLC (0.06%), Xact Kapitalforvaltning AB (0.01%) and State of Alaska Department of Revenue (0.00%). Company insiders that own Penske Automotive Group stock include & Co Ltd Mitsui, Claude H Denker III, Corp Penske, H Brian Thompson, John D Jr Carlson, Kimberly J Mcwaters, Robert H Kurnick Jr, Roger S Penske and Shane M Spradlin. View Institutional Ownership Trends for Penske Automotive Group.

PAG stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Fenimore Asset Management Inc., Denali Advisors LLC, Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. Company insiders that have bought Penske Automotive Group stock in the last two years include Corp Penske, H Brian Thompson and Roger S Penske. 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 $48.71.

Penske Automotive Group has a market capitalization of $4.14 billion and generates $21.39 billion in revenue each year. The company earns $613.30 million in net income (profit) each year or $4.31 on an earnings per share basis. Penske Automotive Group employs 26,000 workers across the globe.

Penske Automotive Group's mailing address is 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI, 48302. The company can be reached via phone at 248-648-2500 or via email at [email protected]