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. Investors 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 3.56%. The ex-dividend date of this dividend is Friday, February 8th. This is a positive change 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 initiated a stock buyback program on Thursday, October 26th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Penske Automotive Group, Inc. (NYSE:PAG) announced its 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 earned $5.44 billion during 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 was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 equities research analysts have issued 1 year target prices for Penske Automotive Group's stock. Their predictions range from $50.00 to $62.00. On average, they expect Penske Automotive Group's share price to reach $56.80 in the next year. This suggests a possible upside of 33.2% 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 positive on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news 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 2.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

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 Micron Technology (MU), General Electric (GE), 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 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 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 purchased 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 $42.65.

Penske Automotive Group has a market capitalization of $3.59 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]