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: $107.08 to $111.32
• 50-Day Range: $95.81 to $116.04
• 52-Week Range: $72.99 to $116.78
• Volume: 126,468 shs
• Average Volume: 348,702 shs
• Market Capitalization: $3.58 billion
• P/E Ratio: 29.15
• Dividend Yield: 1.49%
• Price Target: $104.86
• Consensus Rating: Moderate Buy

Patrick Industries Stock Analysis - MarketRank™

Patrick Industries scored higher than 82% of companies evaluated by MarketBeat, and ranked 40th out of 105 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Patrick Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Patrick Industries is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Patrick Industries has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 19.51%

Earnings Growth

Earnings for Patrick Industries are expected to grow by 19.51% in the coming year, from $5.33 to $6.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Patrick Industries is 29.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Patrick Industries is 29.12, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.06.

Price to Earnings Growth Ratio

Patrick Industries has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Patrick Industries has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.39% 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 8.7.

Change versus previous month

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Patrick Industries pays a meaningful dividend of 1.45%, 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 43.36%. 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 25.12% next year. This indicates that Patrick Industries will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -3.18

Percentage of Shares Shorted

8.39% 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 8.7.

Change versus previous month

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.36

News Sentiment

Patrick Industries has a news sentiment score of 1.36. 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 1.05 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Patrick Industries this week, compared to 8 articles on an average week.

Search Interest

4 people have searched for PATK on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Patrick Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,112,016.00 in company stock.

Percentage Held by Insiders

Only 4.70% 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.

PATK Stock Analysis - Frequently Asked Questions

How have PATK shares performed this year?

Patrick Industries' stock was trading at $83.08 on January 1st, 2025. Since then, PATK shares have increased by 29.3% and is now trading at $107.43.

How were Patrick Industries' earnings last quarter?

Patrick Industries, Inc. (NASDAQ:PATK) released its quarterly earnings data 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. The firm's quarterly revenue was up 3.0% on a year-over-year basis.
Read the conference call transcript.

When did Patrick Industries' stock split?

Patrick Industries's stock split on the morning of Monday, December 16th 2024.The 3-2 split was announced on Tuesday, November 19th 2024. The newly created shares were distributed to shareholders after the closing bell on Friday, December 13th 2024. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Does Patrick Industries have any subsidiaries?

Patrick Industries subsidiaries include Metal Moulding Corp..

Who are Patrick Industries' major shareholders?

Patrick Industries' top institutional investors include DLD Asset Management LP (45.07%), State Street Corp (3.75%), Geode Capital Management LLC (2.43%) and American Century Companies Inc. (2.14%). Insiders that own company stock include Andy L Nemeth, Jeff Rodino, Todd M Cleveland, Kip B Ellis, John A Forbes, Hugo E Gonzalez, Stacey L Neu, Michael A Kitson, Derrick B Mayes and M Scott Welch.
View institutional ownership trends.

How do I buy shares of Patrick Industries?

Shares of PATK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Patrick Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Patrick Industries investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 7/31/2025
• Record date for 9/8 Dividend: 8/25/2025
• Ex-Dividend for 9/8 Dividend: 8/25/2025
• Dividend Payable: 9/08/2025
• Today: 9/16/2025
• Next Earnings (Estimated): 10/30/2025
• Fiscal Year End: 12/31/2025

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: $104.86
• High Price Target: $110.00
• Low Price Target: $90.00
• Potential Upside/Downside: -4.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.69
• Trailing P/E Ratio: 29.81
• Forward P/E Ratio: 20.64
• P/E Growth: 1.57
• Net Income: $138.40 million
• Net Margins: 3.30%
• Pretax Margin: 4.32%
• Return on Equity: 13.04%
• Return on Assets: 4.77%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 1.96
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $3.72 billion
• Price / Sales: 0.99
• Cash Flow: $9.38 per share
• Price / Cash Flow: 11.73
• Book Value: $33.59 per share
• Price / Book: 3.27

Miscellaneous

• Outstanding Shares: 33,280,000
• Free Float: 31,715,000
• Market Cap: $3.66 billion
• Optionable: Optionable
• Beta: 1.33