Penske Automotive Group, Inc. (PAG)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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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...
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...
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...
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...
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...
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...
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: ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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...
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: ...
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.
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...
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...