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Penske Automotive Group ( (PAG) ) has issued an update.
On February 13, 2025, Penske Automotive Group reported its fourth quarter and full-year 2024 financial results, highlighting a 6% increase in revenue to $7.7 billion for the quarter, setting a quarterly record. Net income attributable to common stockholders was $236.4 million, with earnings per share rising 25% to $3.54. The Board announced its 17th consecutive quarterly dividend increase, with a payout of $1.22 per share. The company also completed strategic acquisitions and divestitures, enhancing its market position and maintaining strong liquidity and leverage ratios.
More about Penske Automotive Group
Penske Automotive Group, Inc. is a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers.
YTD Price Performance: 9.64%
Average Trading Volume: 163,812
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $10.99B
Learn more about PAG stock on TipRanks’ Stock Analysis page.
