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S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
pixel
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
pixel
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
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NYSE:PAG

Penske Automotive Group Stock Forecast, Price & News

$103.38
+1.54 (+1.51 %)
(As of 10/15/2021 12:00 AM ET)
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Today's Range
$103.21
$104.90
50-Day Range
$84.93
$108.39
52-Week Range
$50.45
$109.44
Volume251,990 shs
Average Volume307,727 shs
Market Capitalization$8.30 billion
P/E Ratio8.60
Dividend Yield1.77%
Beta1.59
30 days | 90 days | 365 days | Advanced Chart
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Penske Automotive Group logo

About Penske Automotive Group

Penske Automotive Group, Inc. operates as an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment is comprised of commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Headlines

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Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
70959W10
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$20.44 billion
Cash Flow
$9.36 per share
Book Value
$41.40 per share

Profitability

Net Income
$543.60 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$8.30 billion
Next Earnings Date
10/27/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.78 out of 5 stars

Retail/Wholesale Sector

39th out of 265 stocks

Automotive Dealers & Gasoline Service Stations Industry

6th out of 28 stocks

Analyst Opinion: 1.4Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












Penske Automotive Group (NYSE:PAG) Frequently Asked Questions

Is Penske Automotive Group a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Penske Automotive Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Penske Automotive Group stock.
View analyst ratings for Penske Automotive Group
or view top-rated stocks.

What stocks does MarketBeat like better than Penske Automotive Group?

Wall Street analysts have given Penske Automotive Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Penske Automotive Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Penske Automotive Group's next earnings date?

Penske Automotive Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Penske Automotive Group
.

How can I listen to Penske Automotive Group's earnings call?

Penske Automotive Group will be holding an earnings conference call on Wednesday, October 27th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "4572964".

How were Penske Automotive Group's earnings last quarter?

Penske Automotive Group, Inc. (NYSE:PAG) posted its quarterly earnings results on Tuesday, July, 27th. The company reported $4.41 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.99 by $0.42. The firm had revenue of $6.99 billion for the quarter, compared to analysts' expectations of $6.49 billion. Penske Automotive Group had a trailing twelve-month return on equity of 28.52% and a net margin of 3.94%.
View Penske Automotive Group's earnings history
.

How has Penske Automotive Group's stock price been impacted by COVID-19?

Penske Automotive Group's stock was trading at $40.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PAG shares have increased by 158.3% and is now trading at $103.38.
View which stocks have been most impacted by COVID-19
.

How often does Penske Automotive Group pay dividends? What is the dividend yield for Penske Automotive Group?

Penske Automotive Group declared a quarterly dividend on Friday, July 23rd. Shareholders of record on Tuesday, August 10th will be given a dividend of $0.45 per share on Wednesday, September 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend is Monday, August 9th. This is a boost from Penske Automotive Group's previous quarterly dividend of $0.44.
View Penske Automotive Group's dividend history
.

Is Penske Automotive Group a good dividend stock?

Penske Automotive Group pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.77%. Penske Automotive Group has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Penske Automotive Group is 27.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Penske Automotive Group will have a dividend payout ratio of 17.03% next year. This indicates that Penske Automotive Group will be able to sustain or increase its dividend.
View Penske Automotive Group's dividend history.

What guidance has Penske Automotive Group issued on next quarter's earnings?

Penske Automotive Group issued an update on its second quarter 2021 earnings guidance on Thursday, July, 29th. The company provided earnings per share guidance of $4.000-$ for the period, compared to the Thomson Reuters consensus EPS estimate of $2.120. The company issued revenue guidance of -.

What price target have analysts set for PAG?

6 brokerages have issued 12-month price objectives for Penske Automotive Group's stock. Their forecasts range from $60.00 to $141.00. On average, they expect Penske Automotive Group's share price to reach $100.14 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for Penske Automotive Group
or view top-rated stocks among Wall Street analysts.

Who are Penske Automotive Group's key executives?

Penske Automotive Group's management team includes the following people:
  • Roger S. Penske, Chairman & Chief Executive Officer
  • Robert H. Kurnick, President & Director
  • Michelle Hulgrave, Executive VP, Chief Financial & Accounting Officer
  • Richard A. Hook, Chief Information Officer & Executive VP
  • Shane M. Spradlin, Secretary, Executive VP & General Counsel

What is Roger Penske's approval rating as Penske Automotive Group's CEO?

60 employees have rated Penske Automotive Group CEO Roger Penske on Glassdoor.com. Roger Penske has an approval rating of 98% among Penske Automotive Group's employees. This puts Roger Penske in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Penske Automotive Group own?

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), Intel (INTC), JPMorgan Chase & Co. (JPM), L Brands (LB), Schlumberger (SLB), AbbVie (ABBV), The Walt Disney (DIS) and Lululemon Athletica (LULU).

What is Penske Automotive Group's stock symbol?

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

Who are Penske Automotive Group's major shareholders?

Penske Automotive Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.12%), Fruth Investment Management (0.01%), IFP Advisors Inc (0.00%) and Koshinski Asset Management Inc. (0.00%). Company insiders that own Penske Automotive Group stock include Claude H Denker III, John Barr, 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
.

Which institutional investors are selling Penske Automotive Group stock?

PAG stock was sold by a variety of institutional investors in the last quarter, including Fruth Investment Management. Company insiders that have sold Penske Automotive Group company stock in the last year include Claude H Denker III, John Barr, John D Jr Carlson, Robert H Kurnick Jr, Roger S Penske, and Shane M Spradlin.
View insider buying and selling activity for Penske Automotive Group
or view top insider-selling stocks.

Which institutional investors are buying Penske Automotive Group stock?

PAG stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Koshinski Asset Management Inc., and IFP Advisors Inc.
View insider buying and selling activity for Penske Automotive Group
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Penske Automotive Group's stock price today?

One share of PAG stock can currently be purchased for approximately $103.38.

How much money does Penske Automotive Group make?

Penske Automotive Group has a market capitalization of $8.30 billion and generates $20.44 billion in revenue each year. The company earns $543.60 million in net income (profit) each year or $6.64 on an earnings per share basis.

How many employees does Penske Automotive Group have?

Penske Automotive Group employs 2,020 workers across the globe.

What is Penske Automotive Group's official website?

The official website for Penske Automotive Group is www.penskeautomotive.com.

Where are Penske Automotive Group's headquarters?

Penske Automotive Group is headquartered at 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI, 48302.

How can I contact Penske Automotive Group?

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].


This page was last updated on 10/17/2021 by MarketBeat.com Staff

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