Penske Automotive Group, Inc. (PAG)

NYSE: PAG · IEX Real-Time Price · USD
147.94
+0.46 (0.31%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.31%
Market Cap 9.91B
Revenue (ttm) 29.53B
Net Income (ttm) 1.05B
Shares Out 66.99M
EPS (ttm) 15.50
PE Ratio 9.54
Forward PE 10.41
Dividend $3.48 (2.35%)
Ex-Dividend Date Feb 14, 2024
Volume 176,569
Open 147.44
Previous Close 147.48
Day's Range 145.58 - 149.79
52-Week Range 133.72 - 180.84
Beta 1.21
Analysts Buy
Price Target 157.75 (+6.63%)
Earnings Date Apr 30, 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, PAG'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 $157.75, which is an increase of 6.63% from the latest price.

Price Target
$157.75
(6.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

3 days 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...

11 days 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
12 days ago - Forbes

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...

2 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...

3 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...

3 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%

BLOOMFIELD HILLS, Mich. , Jan. 17, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

Penske Automotive to buy Rybrook Group of 15 U.K. dealerships that generate about $1 billion of revenue a year

Penske Automotive Group Inc. PAG, -0.07% said Monday it has agreed to acquire Rybrook Group Ltd., a U.K.-based company that consists of 15 premium dealerships, including four BMW dealerships, four MIN...

4 months ago - Market Watch

PENSKE AUTOMOTIVE GROUP TO EXPAND PRESENCE IN THE UNITED KINGDOM

Signs Agreement to Acquire 15 Premium Dealerships Representing  Estimated Annualized Revenue of $1 Billion BLOOMFIELD HILLS, Mich. , Dec. 11, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: ...

4 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP PUBLISHES 2023 CORPORATE RESPONSIBILITY REPORT

BLOOMFIELD HILLS, Mich. , Nov. 20, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

5 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP DEALERSHIPS NAMED BEST TO WORK FOR

Forty-Four Dealerships Recognized as Automotive News'  Best Dealerships to Work For  in 2023 Audi Bedford Ranked #1 Nationally BLOOMFIELD HILLS, Mich. , Nov. 2, 2023 /PRNewswire/ -- Penske Automotive ...

6 months ago - PRNewsWire

Penske Automotive's stock slides premarket after profit miss amid ‘challenging' used car market

Penske Automotive Group Inc.'s stock PAG, -0.43% fell 2.5% in early trade Wednesday, after the used and new car dealer missed profit expectations for the third quarter. Bloomfield Hills, Michigan-base...

6 months ago - Market Watch

PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS

Quarterly Revenue Increased 8% to $7.4 Billion Retail Automotive Same-Store Revenue Increased 9%, Including a 9% Increase in Service & Parts Retail Commercial Truck Same-Store Gross Profit Increased 6...

6 months ago - PRNewsWire

Penske Automotive raises dividend to boost yield above 2%

Penske Automotive Group Inc. PAG, +0.38% said Wednesday that it has raised its dividend by 9.7%, citing a healthy balance sheet and continued strong cash flow. Owners of the transportation services co...

6 months ago - Market Watch

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9.7%

BLOOMFIELD HILLS, Mich. , Oct. 18, 2023 /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 SCHEDULES THIRD QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL

BLOOMFIELD HILLS, Mich. , Oct. 11, 2023 /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 DEALERSHIPS IN ROUND ROCK, TEXAS SUSTAIN SIGNIFICANT HAIL DAMAGE

BLOOMFIELD HILLS, Mich. , Sept. 28, 2023 /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 ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINA

Adds $140 Million in Expected Annualized Revenue BLOOMFIELD HILLS, Mich. , Aug. 11, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services ...

9 months ago - PRNewsWire

Penske Automotive Group Inc.

Penske Automotive Group Inc. ( PAG , Financial), a prominent player in the Vehicles & Parts industry, is currently trading at $175.86 per share. With a market capitalization of $11.8 billion, the comp...

9 months ago - GuruFocus

Erie Indemnity and Penske Automotive Group Set to Join S&P MidCap 400

NEW YORK , Aug. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Penske Automotive Group Inc. (NYSE: PAG) will replace Univar Solutions Inc. (NYSE: ...

Other symbols: APOCVXERIE
9 months ago - PRNewsWire

Penske Automotive hikes quarterly dividend by 9% to 72 cents a share

Penske Automotive Group Inc. PAG, +0.16% said Wednesday its board has approved a 9% increase in its quarterly dividend to 72 cents a share. The new dividend will be payable Sept.

9 months ago - Market Watch

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%

BLOOMFIELD HILLS, Mich. , July 19, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

9 months ago - PRNewsWire

PENSKE AUTOMOTIVE GROUP SCHEDULES SECOND QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL

BLOOMFIELD HILLS, Mich. , July 17, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive...

9 months ago - PRNewsWire