Penske Automotive Group, Inc. (PAG)
| Market Cap | 9.64B |
| Revenue (ttm) | 30.46B |
| Net Income (ttm) | 918.90M |
| Shares Out | 66.75M |
| EPS (ttm) | 13.74 |
| PE Ratio | 10.51 |
| Forward PE | 10.40 |
| Dividend | $4.44 (3.07%) |
| Ex-Dividend Date | Feb 24, 2025 |
| Volume | 323,681 |
| Open | 148.47 |
| Previous Close | 150.00 |
| Day's Range | 140.21 - 148.67 |
| 52-Week Range | 140.21 - 180.12 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 167.00 (+15.58%) |
| Earnings Date | Apr 29, 2025 |
About PAG
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-pa... [Read more]
Financial Performance
In 2024, Penske Automotive Group's revenue was $30.46 billion, an increase of 3.14% compared to the previous year's $29.53 billion. Earnings were $918.90 million, a decrease of -12.75%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PAG stock is "Buy." The 12-month stock price forecast is $167.0, which is an increase of 15.58% from the latest price.
News
Can investors still see gains in the auto industry?
Gabelli Funds portfolio manager Brian Sponheimer expresses confidence in the resilience of the auto industry on 'The Claman Countdown.'
AutoNation, Penske would be hurt less by disruption in auto market, says Gabelli Funds' Sponheimer
Brian Sponheimer, Gabelli Funds portfolio manager and analyst, joins 'The Exchange' to discuss how tariffs could boost used car sales, how the market will be trading these stocks, and much more.
14 Upcoming Dividend Increases, Including A King
S&P Global extends its 52-year dividend growth streak with a 5.5% increase, highlighting financial health and stability. My strategy focuses on stocks with consistent dividend growth and outperforming...
Penske Automotive Group: Turning The Corner (Rating Upgrade)
Penske Automotive Group's Retail Automotive segment shows accelerating growth in new car unit sales and improving margins, setting up for EPS growth in 2025. The company made strategic acquisitions wo...
Penske Automotive Group, Inc. (PAG) Q4 2024 Earnings Call Transcript
Penske Automotive Group, Inc. (NYSE:PAG) Q4 2024 Earnings Conference Call February 13, 2025 2:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate De...
PENSKE AUTOMOTIVE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
Q4 Revenue Increases 6% to $7.7 Billion, a Quarterly Record Q4 Same-Store Retail Automotive Service and Parts Revenue up 7% and Related Gross Profit up 9% Q4 Selling, General, and Administrative Expen...
PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2024 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich. , Feb. 3, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive ...
PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF ADDITIONAL PORSCHE DEALERSHIP IN MELBOURNE, AUSTRALIA
Strategic Partnership Expected to Elevate Customer Experience Acquisition Represents Third Porsche Location in Melbourne and 25th Worldwide BLOOMFIELD HILLS, Mich. , Dec. 2, 2024 /PRNewswire/ -- Pensk...
November's auto sales see higher incentives and greater deals
CNBC's Phil LeBeau reports on Black Friday for auto dealers.
Penske Automotive Has Compounded Intrinsic Value By 17% A Year Since 2019 And Remains Attractively Valued
Penske Automotive Group has compounded NOPAT by 17% annually since 2019, reflecting significant post-pandemic growth and increased earnings power. Despite declining balance sheet efficiency, ROIC has ...
CUPRA in preliminary talks with Penske Automotive Group ahead of entering the US market by 2030
LOS ANGELES--(BUSINESS WIRE)--CUPRA, the unconventional challenger brand that inspires the world from Barcelona, has begun preliminary talks with Penske Automotive Group to explore a new partnership a...
Penske Automotive Group, Inc. (PAG) Q3 2024 Earnings Call Transcript
Penske Automotive Group, Inc. (NYSE:PAG) Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate Dev...
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Quarterly Revenue Increases 2% to $7.6 Billion Record Quarterly Retail Automotive Service and Parts Revenue of $778.0 Million, up 14% Same-Store Retail Automotive Service and Parts Revenue up 7% and R...
PENSKE AUTOMOTIVE GROUP SIGNS AGREEMENT TO ACQUIRE ADDITIONAL PORSCHE DEALERSHIP IN MELBOURNE, AUSTRALIA
Acquisition Represents Third Porsche Location in Melbourne and 25th Worldwide BLOOMFIELD HILLS, Mich. , Oct. 23, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified internati...
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND 11% TO $1.19
Represents 16th Consecutive Quarterly Increase Balance Sheet Remains Strong and Leverage Remains Low BLOOMFIELD HILLS, Mich. , Oct. 16, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), ...
PENSKE AUTOMOTIVE GROUP SCHEDULES THIRD QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich. , Oct. 15, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...
Penske Automotive Group Has Been Busy
Penske Automotive Group had been an active acquirer in 1H 2024, adding diverse businesses that will increase sales by $2 billion per year. Upcoming interest rate cuts should help Penske in many ways, ...
Penske Automotive Group, Inc. (PAG) Q2 2024 Earnings Call Transcript
Penske Automotive Group, Inc. (NYSE:PAG) Q2 2024 Results Conference Call July 31, 2024 2:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate Develop...
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND 11% TO $1.07
Represents 15th Consecutive Quarterly Increase Increase Highlights Strength of Balance Sheet and Low Leverage BLOOMFIELD HILLS, Mich., July 24, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYS...
PENSKE AUTOMOTIVE GROUP SCHEDULES SECOND QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich. , July 18, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...
PENSKE AUTOMOTIVE GROUP ACQUIRES BILL BROWN FORD
Expands North America Retail Operations Presence in the Midwest Expected to Add $550 Million in Estimated Annualized Revenue BLOOMFIELD HILLS, Mich. , July 16, 2024 /PRNewswire/ -- Penske Automotive G...
Haig Partners Serves as Exclusive Sell-Side Advisor on the Sale of River States Freightliner Dealerships to Penske Automotive's Premier Truck Group
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor on the sale of ...
PREMIER TRUCK GROUP ACQUIRES RIVER STATES TRUCK AND TRAILER
Expands North American Operations to New Market Areas in Wisconsin and Minnesota Expected to Add $200 Million in Estimated Annualized Revenue BLOOMFIELD HILLS, Mich. , June 10, 2024 /PRNewswire/ -- Pr...
PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF PORSCHE DEALERSHIPS IN MELBOURNE, AUSTRALIA
BLOOMFIELD HILLS, Mich. , June 4, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive ...