Patrick Industries (PATK) Stock Price, News & Analysis

Company Overview

Patrick Industries, Inc. is a manufacturer and supplier of component products and building materials for the recreational vehicle, marine, manufactured housing, powersports, and industrial markets. The company serves original equipment manufacturers and other customers primarily through a broad network of manufacturing and distribution operations.

Its products include cabinetry, furniture, countertops, flooring, hardware, electronics, electrical and wiring components, plumbing products, decorative panels, laminates, fabricated metals, plastics, and other interior and exterior components. Patrick Industries also provides related manufacturing, design, engineering, and distribution services tailored to the needs of its customers.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries has expanded from its roots in the recreational vehicle industry into a diversified supplier serving customers across North America. Its products are used in a range of recreational, residential, commercial, and industrial applications.

Key Stats

• Today's Range: $68.44 to $70.00
• 50-Day Range: $68.71 to $88.84
• 52-Week Range: $68.44 to $148.50
• Volume: 684,575 shs
• Average Volume: 510,298 shs
• Market Capitalization: $2.22 billion
• P/E Ratio: 16.38
• Dividend Yield: 2.72%
• Price Target: $114.00
• Consensus Rating: Moderate Buy

Patrick Industries Stock Analysis - MarketRank™

Patrick Industries scored higher than 94% of companies evaluated by MarketBeat, and ranked 75th out of 473 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Patrick Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 7 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Patrick Industries has a consensus price target of $114.00, representing about 65.0% upside from its current price of $69.11.

Amount of Analyst Coverage

Patrick Industries has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 23.11%

Earnings Growth

Earnings for Patrick Industries are expected to grow by 23.11% in the coming year, from $4.24 to $5.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Patrick Industries is 16.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Patrick Industries is 16.38, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 44.31.

Price to Book Value per Share Ratio

Patrick Industries has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.88% of the float of Patrick Industries has been sold short.

Short Interest Ratio / Days to Cover

Patrick Industries has a short interest ratio ("days to cover") of 10.44, which indicates bearish sentiment.

Change versus previous month

Short interest in Patrick Industries has recently decreased by 5.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Patrick Industries pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Patrick Industries has been increasing its dividend for 6 years.

Dividend Coverage

The dividend payout ratio of Patrick Industries is 44.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Patrick Industries will have a dividend payout ratio of 36.02% next year. This indicates that Patrick Industries will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: -0.83

News Sentiment

Patrick Industries has a news sentiment score of -0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Patrick Industries this week, compared to 4 articles on an average week.

MarketBeat Follows

1 people have added Patrick Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Patrick Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.80% of the stock of Patrick Industries is held by insiders.

Percentage Held by Institutions

93.29% of the stock of Patrick Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Record date for 9/8 Dividend: 8/24/2026
• Ex-Dividend for 9/8 Dividend: 8/24/2026
• Dividend Payable: 9/08/2026
• Today: 9/22/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Automobile Components
• Sub-Industry: Automotive Parts & Equipment
• Current Symbol: NASDAQ:PATK
• CIK: 76605
• Web: www.patrickind.com
• Phone: (574) 294-7511
• Fax: 574-522-5213
• Employees: 10,000
• Year Founded: 1959

Price Target and Rating

• Average Price Target for Patrick Industries: $114.00
• High Price Target: $150.00
• Low Price Target: $94.00
• Potential Upside/Downside: +65.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.22
• Trailing P/E Ratio: 16.38
• Forward P/E Ratio: 16.30
• P/E Growth: N/A
• Net Income: $135.06 million
• Net Margins: 3.74%
• Pretax Margin: 4.86%
• Return on Equity: 12.69%
• Return on Assets: 4.69%

Debt

• Debt-to-Equity Ratio: 1.25
• Current Ratio: 2.67
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $3.95 billion
• Price / Sales: 0.56
• Cash Flow: $9.90 per share
• Price / Cash Flow: 6.98
• Book Value: $35.59 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 32,120,000
• Free Float: 30,898,000
• Market Cap: $2.22 billion
• Optionable: Optionable
• Beta: 1.11