Penske Automotive Group, Inc. (PAG)

NYSE: PAG · Real-Time Price · USD
157.23
-1.99 (-1.25%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.25%
Market Cap 10.50B
Revenue (ttm) 30.01B
Net Income (ttm) 873.20M
Shares Out 66.77M
EPS (ttm) 13.04
PE Ratio 12.06
Forward PE 11.62
Dividend $4.76 (3.03%)
Ex-Dividend Date Nov 15, 2024
Volume 110,665
Open 157.66
Previous Close 159.22
Day's Range 155.91 - 158.60
52-Week Range 142.32 - 179.72
Beta 1.17
Analysts Buy
Price Target 170.25 (+8.28%)
Earnings Date Oct 29, 2024

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 motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, th... [Read more]

IPO Date Oct 23, 1996
Employees 28,000
Stock Exchange NYSE
Ticker Symbol PAG
Full Company Profile

Financial Performance

In 2023, Penske Automotive Group's revenue was $29.53 billion, an increase of 6.16% compared to the previous year's $27.81 billion. Earnings were $1.05 billion, a decrease of -23.68%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for PAG stock is "Buy." The 12-month stock price forecast is $170.25, which is an increase of 8.28% from the latest price.

Price Target
$170.25
(8.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

22 days ago - Seeking Alpha

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...

23 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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), ...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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, ...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

5 months ago - Business Wire

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...

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%

BLOOMFIELD HILLS, Mich. , May 9, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive a...

7 months ago - PRNewsWire

Penske Automotive Group, Inc. (PAG) Q1 2024 Earnings Call Transcript

Penske Automotive Group, Inc. (NYSE:PAG) Q1 2024 Earnings Conference Call April 29, 2024 2:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate Devel...

7 months ago - Seeking Alpha

Paralyzed Veterans of America receives $1.17 million donation from Penske Automotive Group and celebrates 10th year of partnership

WASHINGTON, April 18, 2024 /PRNewswire/ -- Paralyzed Veterans of America proudly celebrates a decade-long partnership with long-time supporter Penske Automotive Group, who donated $1.17 million in 202...

7 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL

BLOOMFIELD HILLS, Mich. , April 16, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotiv...

7 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA

BLOOMFIELD HILLS, Mich. , April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

8 months ago - PRNewsWire

5 Dividend Growth Stocks I'm Watching This Quarter

Let's talk about five dividends that are set to soar when the Federal Reserve cuts interest rates.

Other symbols: AGCOETFBMSMAR
8 months ago - Forbes

Penske Automotive Group, Inc. (PAG) Q4 2023 Earnings Call Transcript

Penske Automotive Group, Inc. (PAG) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY AND FULL YEAR 2023 RESULTS

Completes Third Most Profitable Year in Company History Fourth Quarter Revenue Increased 4% to $7.3 Billion Fourth Quarter Retail Automotive Same-Store Revenue Increased 4%, Including a 7% Increase in...

10 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS CONFERENCE CALL

BLOOMFIELD HILLS, Mich. , Jan. 25, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

10 months ago - PRNewsWire

PREMIER TRUCK GROUP MOVES INTO NEWLY BUILT FACILITY IN AMARILLO, TX

AMARILLO, Texas , Jan. 19, 2024 /PRNewswire/ -- Premier Truck Group, an international medium and heavy-duty commercial truck dealership group, announced today the relocation of its Amarillo, Texas dea...

10 months ago - PRNewsWire

Penske Automotive Group: 5 Reasons Why I Am Bullish

Penske Automotive Group has an impressive history of delivering above market returns for shareholders. The company is poised to benefit from continued consolidation of the automobile retail industry. ...

11 months ago - Seeking Alpha

PENSKE AUTOMOTIVE GROUP COMPLETES RYBROOK ACQUISITION EXPANDING PRESENCE IN THE UNITED KINGDOM

Adds 15 Premium Dealerships Representing Estimated Annualized Revenue of $1 Billion BLOOMFIELD HILLS, Mich. , Jan. 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified inte...

11 months ago - PRNewsWire