Zacks Research Has Positive Forecast for PAG Q1 Earnings

Penske Automotive Group, Inc. (NYSE:PAG) – Investment analysts at Zacks Research increased their Q1 2026 earnings per share estimates for Penske Automotive Group in a report released on Monday, March 16th. Zacks Research analyst Team now expects that the company will earn $3.22 per share for the quarter, up from their previous estimate of $3.14. The consensus estimate for Penske Automotive Group’s current full-year earnings is $13.86 per share. Zacks Research also issued estimates for Penske Automotive Group’s Q2 2026 earnings at $3.52 EPS, Q4 2026 earnings at $3.53 EPS, Q2 2027 earnings at $3.63 EPS, Q3 2027 earnings at $3.76 EPS, Q4 2027 earnings at $3.77 EPS, FY2027 earnings at $15.00 EPS and FY2028 earnings at $15.84 EPS.

Several other research firms also recently commented on PAG. Bank of America initiated coverage on shares of Penske Automotive Group in a report on Tuesday, December 9th. They issued a “buy” rating and a $195.00 price objective for the company. Weiss Ratings cut shares of Penske Automotive Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Barclays raised their price target on Penske Automotive Group from $190.00 to $195.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Penske Automotive Group in a research report on Monday, December 8th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.43.

Penske Automotive Group Price Performance

Penske Automotive Group stock opened at $145.26 on Tuesday. The company has a quick ratio of 0.22, a current ratio of 0.99 and a debt-to-equity ratio of 0.32. The stock has a market cap of $9.55 billion, a P/E ratio of 10.76, a P/E/G ratio of 1.50 and a beta of 0.90. Penske Automotive Group has a 52 week low of $134.05 and a 52 week high of $189.51. The company’s 50 day moving average price is $161.03 and its two-hundred day moving average price is $165.43.

Penske Automotive Group (NYSE:PAG) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $2.91 earnings per share for the quarter, missing the consensus estimate of $3.19 by ($0.28). The company had revenue of $7.77 billion during the quarter, compared to the consensus estimate of $7.62 billion. Penske Automotive Group had a net margin of 2.91% and a return on equity of 15.77%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm posted $3.54 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Navalign LLC bought a new position in shares of Penske Automotive Group during the 4th quarter valued at approximately $26,000. International Assets Investment Management LLC purchased a new stake in shares of Penske Automotive Group during the 4th quarter valued at about $30,000. Rothschild Investment LLC lifted its holdings in shares of Penske Automotive Group by 935.3% in the 3rd quarter. Rothschild Investment LLC now owns 176 shares of the company’s stock valued at $31,000 after acquiring an additional 159 shares during the last quarter. Root Financial Partners LLC purchased a new position in Penske Automotive Group in the third quarter worth about $33,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Penske Automotive Group in the 1st quarter valued at approximately $42,000. Hedge funds and other institutional investors own 77.08% of the company’s stock.

Penske Automotive Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Wednesday, February 25th were issued a $1.40 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $5.60 dividend on an annualized basis and a yield of 3.9%. This is an increase from Penske Automotive Group’s previous quarterly dividend of $1.38. Penske Automotive Group’s payout ratio is presently 41.48%.

About Penske Automotive Group

Penske Automotive Group, Inc (NYSE: PAG), headquartered in Bloomfield Township, Michigan, is an international transportation services company primarily focused on automotive and commercial truck dealerships. The company retails new and pre-owned vehicles across a broad spectrum of brands, while offering parts, maintenance, collision repair and reconditioning services. In addition, Penske provides financing and insurance products through its integrated finance and insurance operations, supporting both retail customers and commercial clients.

Formed in 1990 as United Auto Group and publicly traded since 1999, Penske Automotive Group has grown through organic expansion and strategic acquisitions to establish a network of dealerships and service centers across the United States and Europe.