What is Zacks Research’s Estimate for PAG Q1 Earnings?

Penske Automotive Group, Inc. (NYSE:PAG) – Analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Penske Automotive Group in a research note issued to investors on Monday, March 16th. Zacks Research analyst Team now expects that the company will post earnings of $3.22 per share for the quarter, up from their previous forecast 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.

PAG has been the topic of a number of other reports. Barclays raised their price objective on shares of Penske Automotive Group from $190.00 to $195.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Penske Automotive Group in a report on Monday, December 8th. Finally, Bank of America started coverage on shares of Penske Automotive Group in a research report on Tuesday, December 9th. They issued a “buy” rating and a $195.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $184.43.

Penske Automotive Group Stock Performance

Shares of PAG stock opened at $144.33 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.22 and a debt-to-equity ratio of 0.32. The firm has a fifty day simple moving average of $161.37 and a two-hundred day simple moving average of $165.71. Penske Automotive Group has a 12 month low of $134.05 and a 12 month high of $189.51. The firm has a market capitalization of $9.49 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 1.52 and a beta of 0.90.

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

Penske Automotive Group Increases Dividend

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

Institutional Trading of Penske Automotive Group

Institutional investors and hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. lifted its holdings in Penske Automotive Group by 6.7% during the fourth quarter. Victory Capital Management Inc. now owns 1,484,075 shares of the company’s stock worth $234,914,000 after acquiring an additional 92,794 shares during the period. Dimensional Fund Advisors LP grew its stake in Penske Automotive Group by 13.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,293,467 shares of the company’s stock valued at $204,761,000 after purchasing an additional 156,308 shares during the period. Burgundy Asset Management Ltd. increased its position in shares of Penske Automotive Group by 3.1% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 890,356 shares of the company’s stock valued at $152,972,000 after purchasing an additional 26,827 shares during the last quarter. Bank of Montreal Can increased its position in shares of Penske Automotive Group by 39,232.7% during the 4th quarter. Bank of Montreal Can now owns 863,352 shares of the company’s stock valued at $136,660,000 after purchasing an additional 861,157 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Penske Automotive Group by 6.6% during the 3rd quarter. AQR Capital Management LLC now owns 726,490 shares of the company’s stock worth $125,043,000 after purchasing an additional 44,749 shares during the period. 77.08% of the stock is owned by hedge funds and other institutional investors.

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.