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 declared a quarterly dividend on Thursday, January 31st. Shareholders of record on Monday, February 11th will be given a dividend of $0.38 per share on Friday, March 1st. This represents a $1.52 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Friday, February 8th. This is an increase from Penske Automotive Group's previous quarterly dividend of $0.37. View Penske Automotive Group's Dividend History.

Penske Automotive Group announced that its board has approved a share repurchase plan 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. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Penske Automotive Group, Inc. (NYSE:PAG) announced its quarterly earnings results on Thursday, February, 7th. The company reported $1.11 earnings per share for the quarter, missing analysts' consensus estimates of $1.16 by $0.05. The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $5.57 billion. Penske Automotive Group had a net margin of 2.07% and a return on equity of 17.73%. The company's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.01 EPS. 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 brokers have issued twelve-month target prices for Penske Automotive Group's shares. Their forecasts range from $50.00 to $62.00. On average, they anticipate Penske Automotive Group's share price to reach $56.80 in the next twelve months. This suggests a possible upside of 29.9% 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.

News articles about PAG stock have trended negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Penske Automotive Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Some companies that are related to Penske Automotive Group include Copart (CPRT), CarMax (KMX), KAR Auction Services (KAR), Carvana (CVNA), 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), Verizon Communications (VZ), Southwest Airlines (LUV) and Johnson & Johnson (JNJ).

Penske Automotive Group's stock is owned by a variety of 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 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, Keeley Teton Advisors LLC, First Trust Advisors LP, Hsbc Holdings PLC and Prudential PLC. Company insiders that have sold Penske Automotive Group company stock in the last year include & Co Ltd Mitsui, Kimberly J Mcwaters and Shane M Spradlin. View Insider Buying and Selling for Penske Automotive Group.

PAG stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, CI Investments Inc., Dimensional Fund Advisors LP, Victory Capital Management Inc., Bowling Portfolio Management LLC, Bank of New York Mellon Corp, Private Management Group Inc. and Geode Capital Management LLC. 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 $43.74.

Penske Automotive Group has a market capitalization of $3.71 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 26,000 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]