Patrick Industries (PATK) Stock Price, News & Analysis

Company Overview

Patrick Industries, Inc. is a leading manufacturer and distributor of component products and building materials for the recreational vehicle (RV), manufactured housing, marine and industrial markets. The company supplies a broad array of interior and exterior products, including cabinetry, countertops, flooring, wall panels and decorative trim. Patrick Industries also offers engineered composites, adhesives, sealants and insulation solutions that cater to both original equipment manufacturers (OEMs) and aftermarket customers across North America.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries began as a small distributor of hardwood and millwork products. Over the decades, the company has expanded its capabilities through strategic acquisitions and organic growth, establishing manufacturing and distribution facilities throughout the United States and Canada. Today, Patrick Industries supports a nationwide network of RV, marine and manufactured housing OEMs, as well as regional dealers, leveraging both in-house production and a broad supplier base.

The company’s product portfolio spans multiple categories designed to enhance both functionality and aesthetics. Interior offerings include polymer and wood cabinets, countertops, furniture components, window treatments and flooring materials. On the exterior side, Patrick Industries provides fiberglass panels, siding, roofing materials, fascias and entry doors. Complementary services such as custom machining, lamination and finishing help customers streamline assembly and maintain consistent quality across diverse product lines.

Key Stats

• Today's Range: $89.79 to $91.19
• 50-Day Range: $88.79 to $121.09
• 52-Week Range: $82.24 to $148.50
• Volume: 308,221 shs
• Average Volume: 648,999 shs
• Market Capitalization: $2.99 billion
• P/E Ratio: 23.30
• Dividend Yield: 2.07%
• Price Target: $122.63
• Consensus Rating: Moderate Buy

Patrick Industries Stock Analysis - MarketRank™

Patrick Industries scored higher than 100% of companies evaluated by MarketBeat, and ranked 2nd out of 100 stocks in the construction 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 $122.63, representing about 34.9% upside from its current price of $90.87.

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: 2.5 / 5
• Proj. Earnings Growth: 18.22%

Earnings Growth

Earnings for Patrick Industries are expected to grow by 18.22% in the coming year, from $4.94 to $5.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Patrick Industries is 23.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Patrick Industries is 23.30, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.71.

Price to Book Value per Share Ratio

Patrick Industries has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.59% 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 2.97, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Patrick Industries has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Patrick Industries pays a meaningful dividend of 2.07%, 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 48.21%. 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 32.19% next year. This indicates that Patrick Industries will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.73

News Sentiment

Patrick Industries has a news sentiment score of 0.73. 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 higher news sentiment than the 0.51 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Patrick Industries this week, compared to 4 articles on an average week.

Search Interest

Only 5 people have searched for PATK on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

MarketBeat Follows

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

Company Ownership

• Score: 4.4 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

5 insiders have purchased shares of Patrick Industries in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $2,021,806.00 in company stock, which represents 0.0676% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Patrick Industries insiders have bought 132.28% more of their company's stock than they have sold. Specifically, they have bought $3,550,239.00 in company stock and sold $1,528,433.00 in 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

• Record date for 3/9 Dividend: 2/23/2026
• Ex-Dividend for 3/9 Dividend: 2/23/2026
• Dividend Payable: 3/09/2026
• Last Earnings: 4/30/2026
• Today: 5/24/2026
• Record date for 6/8 Dividend: 5/26/2026
• Ex-Dividend for 6/8 Dividend: 5/26/2026
• Dividend Payable: 6/08/2026
• Next Earnings (Estimated): 7/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Construction
• Industry: BLDG - MBL/MFG&RV
• Sub-Industry: Building Products
• 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: $122.63
• High Price Target: $150.00
• Low Price Target: $99.00
• Potential Upside/Downside: +34.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.90
• Trailing P/E Ratio: 23.30
• Forward P/E Ratio: 18.39
• P/E Growth: N/A
• Net Income: $135.06 million
• Net Margins: 3.46%
• Pretax Margin: 4.49%
• Return on Equity: 13.24%
• Return on Assets: 4.96%

Debt

• Debt-to-Equity Ratio: 1.16
• Current Ratio: 2.71
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $3.95 billion
• Price / Sales: 0.76
• Cash Flow: $9.83 per share
• Price / Cash Flow: 9.24
• Book Value: $36.13 per share
• Price / Book: 2.52

Miscellaneous

• Outstanding Shares: 32,890,000
• Free Float: 31,643,000
• Market Cap: $2.99 billion
• Optionable: Optionable
• Beta: 1.12