Patrick Industries (PATK) Projected to Post Earnings on Thursday

Patrick Industries (NASDAQ:PATK - Get Free Report) is anticipated to announce its Q3 2025 results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $900.3530 million for the quarter. Investors may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 30, 2025 at 10:00 AM ET.

Patrick Industries (NASDAQ:PATK - Get Free Report) last posted its earnings results on Thursday, July 31st. The construction company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.09. Patrick Industries had a net margin of 3.30% and a return on equity of 13.04%. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the firm posted $2.16 EPS. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts expect Patrick Industries to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Patrick Industries Stock Performance

NASDAQ:PATK opened at $100.70 on Thursday. The company has a current ratio of 1.96, a quick ratio of 0.75 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of $106.68 and a two-hundred day moving average price of $95.73. Patrick Industries has a twelve month low of $72.99 and a twelve month high of $116.78. The company has a market capitalization of $3.35 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 1.41 and a beta of 1.34.

Patrick Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 25th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, August 25th. Patrick Industries's dividend payout ratio (DPR) is 43.36%.

Wall Street Analyst Weigh In

PATK has been the topic of several analyst reports. BMO Capital Markets raised their price target on shares of Patrick Industries from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. KeyCorp raised their price target on shares of Patrick Industries from $100.00 to $110.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Raymond James Financial raised their price target on shares of Patrick Industries from $95.00 to $109.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Benchmark raised their price target on shares of Patrick Industries from $102.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Patrick Industries in a research report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Patrick Industries has a consensus rating of "Moderate Buy" and a consensus target price of $106.14.

Insider Buying and Selling at Patrick Industries

In other Patrick Industries news, Director Michael A. Kitson sold 4,572 shares of Patrick Industries stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $112.67, for a total transaction of $515,127.24. Following the transaction, the director directly owned 11,850 shares of the company's stock, valued at $1,335,139.50. The trade was a 27.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jeff Rodino sold 22,389 shares of Patrick Industries stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $110.32, for a total transaction of $2,469,954.48. Following the transaction, the insider directly owned 206,492 shares in the company, valued at approximately $22,780,197.44. This trade represents a 9.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 73,413 shares of company stock valued at $8,112,016. 4.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its position in Patrick Industries by 0.5% during the second quarter. California State Teachers Retirement System now owns 29,535 shares of the construction company's stock valued at $2,725,000 after buying an additional 154 shares in the last quarter. Osaic Holdings Inc. lifted its position in Patrick Industries by 14.7% during the second quarter. Osaic Holdings Inc. now owns 1,612 shares of the construction company's stock valued at $146,000 after buying an additional 207 shares in the last quarter. Brown Advisory Inc. raised its stake in shares of Patrick Industries by 7.5% during the second quarter. Brown Advisory Inc. now owns 5,199 shares of the construction company's stock valued at $480,000 after purchasing an additional 362 shares during the period. Benjamin Edwards Inc. raised its stake in shares of Patrick Industries by 1.5% during the second quarter. Benjamin Edwards Inc. now owns 27,187 shares of the construction company's stock valued at $2,509,000 after purchasing an additional 397 shares during the period. Finally, Orion Porfolio Solutions LLC raised its stake in shares of Patrick Industries by 5.2% during the second quarter. Orion Porfolio Solutions LLC now owns 8,588 shares of the construction company's stock valued at $792,000 after purchasing an additional 426 shares during the period. 93.29% of the stock is owned by institutional investors and hedge funds.

Patrick Industries Company Profile

Patrick Industries, Inc manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.