S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NASDAQ:PATK

Patrick Industries Stock Forecast, Price & News

$79.77
-0.29 (-0.36%)
(As of 11/30/2021 12:00 AM ET)
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Today's Range
$79.17
$81.16
50-Day Range
$77.35
$87.47
52-Week Range
$61.77
$98.83
Volume
233,585 shs
Average Volume
144,108 shs
Market Capitalization
$1.89 billion
P/E Ratio
9.22
Dividend Yield
1.65%
Beta
2.24
30 days | 90 days | 365 days | Advanced Chart
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Patrick Industries logo

About Patrick Industries

Patrick Industries, Inc. engages in the manufacture of components products and distribution of building products for industrial markets. It operates through the following segments: Manufacturing and Distribution. The Manufacturing segment includes laminated products what are utilized to produce furniture, shelving, walls, countertops, cabinet products, cabinet doors, fiberglass bat fixtures, hardwood furniture, vinyl printing, solid surface, granite, quartz countertop fabrication, RV painting, fabricated aluminum products, fiberglass and plastic components, softwoods lumber, custom cabinetry, polymer-based flooring, electrical systems components, and other products. The Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, fiber reinforced polyester products, cement siding, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lightning products, and other miscellaneous products. The company was founded in 1959 and is headquartered in Elkhart, IN.

Headlines

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Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Building Products
Current Symbol
NASDAQ:PATK
CUSIP
70334310
Employees
8,700
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.49 billion
Cash Flow
$7.50 per share
Book Value
$29.25 per share

Profitability

Net Income
$97.06 million
Pretax Margin
7.20%

Debt

Price-To-Earnings

Miscellaneous

Free Float
22,213,000
Market Cap
$1.89 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend
11/26/2021
Today
12/01/2021
Dividend Payable
12/13/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

2.88 out of 5 stars

Construction Sector

13th out of 138 stocks

Motor Vehicle Parts & Accessories Industry

7th out of 49 stocks

Analyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Patrick Industries (NASDAQ:PATK) Frequently Asked Questions

Is Patrick Industries a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patrick Industries in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Patrick Industries stock.
View analyst ratings for Patrick Industries
or view top-rated stocks.

How has Patrick Industries' stock price been impacted by COVID-19?

Patrick Industries' stock was trading at $37.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PATK shares have increased by 115.5% and is now trading at $79.77.
View which stocks have been most impacted by COVID-19
.

When is Patrick Industries' next earnings date?

Patrick Industries is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for Patrick Industries
.

How were Patrick Industries' earnings last quarter?

Patrick Industries, Inc. (NASDAQ:PATK) released its quarterly earnings data on Thursday, October, 28th. The construction company reported $2.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.03 by $0.42. The construction company earned $1.06 billion during the quarter, compared to analyst estimates of $963.33 million. Patrick Industries had a net margin of 5.45% and a trailing twelve-month return on equity of 31.49%. The firm's revenue was up 51.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.62 earnings per share.
View Patrick Industries' earnings history
.

How often does Patrick Industries pay dividends? What is the dividend yield for Patrick Industries?

Patrick Industries declared a quarterly dividend on Thursday, November 11th. Shareholders of record on Monday, November 29th will be given a dividend of $0.33 per share on Monday, December 13th. This represents a $1.32 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Friday, November 26th. This is a boost from Patrick Industries's previous quarterly dividend of $0.28.
View Patrick Industries' dividend history
.

Is Patrick Industries a good dividend stock?

Patrick Industries pays an annual dividend of $1.32 per share and currently has a dividend yield of 1.65%. Patrick Industries has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Patrick Industries is 15.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Patrick Industries will have a dividend payout ratio of 13.21% next year. This indicates that Patrick Industries will be able to sustain or increase its dividend.
View Patrick Industries' dividend history.

When did Patrick Industries' stock split? How did Patrick Industries' stock split work?

Shares of Patrick Industries split on Monday, December 11th 2017. The 3-2 split was announced on Thursday, November 9th 2017. The newly issued shares were distributed to shareholders after the market closes on Friday, December 8th 2017. An investor that had 100 shares of Patrick Industries stock prior to the split would have 150 shares after the split.

What price target have analysts set for PATK?

2 brokerages have issued 12 month target prices for Patrick Industries' stock. Their forecasts range from $90.00 to $104.00. On average, they expect Patrick Industries' share price to reach $97.00 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts' price targets for Patrick Industries
or view top-rated stocks among Wall Street analysts.

Who are Patrick Industries' key executives?

Patrick Industries' management team includes the following people:
  • Andy L. Nemeth, Chief Executive Officer & Director (LinkedIn Profile)
  • Jeffrey M. Rodino, President
  • Kip B. Ellis, Chief Operating Officer & Executive VP-Operations
  • Jake Petkovich, Chief Financial Officer, Treasurer & Executive VP
  • Joel D. Duthie, Secretary, Executive VP & Chief Legal Officer

What is Andy Nemeth's approval rating as Patrick Industries' CEO?

2 employees have rated Patrick Industries CEO Andy Nemeth on Glassdoor.com. Andy Nemeth has an approval rating of 100% among Patrick Industries' employees. This puts Andy Nemeth in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Patrick Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Patrick Industries investors own include Advanced Micro Devices (AMD), Applied Materials (AMAT), Home Depot (HD), NVIDIA (NVDA), Intel (INTC), Lam Research (LRCX), AT&T (T), Micron Technology (MU), Square (SQ) and Verizon Communications (VZ).

What is Patrick Industries' stock symbol?

Patrick Industries trades on the NASDAQ under the ticker symbol "PATK."

Who are Patrick Industries' major shareholders?

Patrick Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.23%), Wellington Management Group LLP (7.14%), Dimensional Fund Advisors LP (3.97%), Geode Capital Management LLC (1.68%), Royal Bank of Canada (1.65%) and Nordea Investment Management AB (0.96%). Company insiders that own Patrick Industries stock include Andy L Nemeth, Courtney Blosser, Derrick B Mayes, Jeff Rodino, Jeffrey L Et Al Gendell, Joshua A Boone, Kip B Ellis, M Scott Welch, Michael A Kitson, Pamela R Klyn, Todd M Cleveland and Todd M Cleveland.
View institutional ownership trends for Patrick Industries
.

Which major investors are selling Patrick Industries stock?

PATK stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Wellington Management Group LLP, Arrowstreet Capital Limited Partnership, Citigroup Inc., Goldman Sachs Group Inc., Royal Bank of Canada, Renaissance Technologies LLC, and Cubist Systematic Strategies LLC. Company insiders that have sold Patrick Industries company stock in the last year include Andy L Nemeth, Courtney Blosser, Derrick B Mayes, Jeff Rodino, Kip B Ellis, M Scott Welch, Michael A Kitson, and Todd M Cleveland.
View insider buying and selling activity for Patrick Industries
or view top insider-selling stocks.

Which major investors are buying Patrick Industries stock?

PATK stock was bought by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Nordea Investment Management AB, Wasatch Advisors Inc., Brandywine Global Investment Management LLC, Millennium Management LLC, Schroder Investment Management Group, Schonfeld Strategic Advisors LLC, and SG Americas Securities LLC. Company insiders that have bought Patrick Industries stock in the last two years include Kip B Ellis, M Scott Welch, and Pamela R Klyn.
View insider buying and selling activity for Patrick Industries
or or view top insider-buying stocks.

How do I buy shares of Patrick Industries?

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

What is Patrick Industries' stock price today?

One share of PATK stock can currently be purchased for approximately $79.77.

How much money does Patrick Industries make?

Patrick Industries has a market capitalization of $1.89 billion and generates $2.49 billion in revenue each year. The construction company earns $97.06 million in net income (profit) each year or $8.65 on an earnings per share basis.

How many employees does Patrick Industries have?

Patrick Industries employs 8,700 workers across the globe.

What is Patrick Industries' official website?

The official website for Patrick Industries is www.patrickind.com.

Where are Patrick Industries' headquarters?

Patrick Industries is headquartered at 107 WEST FRANKLIN STREET PO BOX 638, ELKHART IN, 46515.

How can I contact Patrick Industries?

Patrick Industries' mailing address is 107 WEST FRANKLIN STREET PO BOX 638, ELKHART IN, 46515. The construction company can be reached via phone at (574) 294-7511, via email at [email protected], or via fax at 574-522-5213.


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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