S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NASDAQ:PATK

Patrick Industries Stock Forecast, Price & News

$72.42
-0.21 (-0.29 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$70.54
Now: $72.42
$73.00
50-Day Range
$67.61
MA: $69.88
$74.75
52-Week Range
$16.70
Now: $72.42
$76.37
Volume99,631 shs
Average Volume148,417 shs
Market Capitalization$1.69 billion
P/E Ratio21.18
Dividend Yield1.54%
Beta2.41
Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, walls, countertops, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, solid surface, granite, and quartz countertop fabrication products; RV paintings; fabricated aluminum products; decorative vinyl and paper laminated panels; fiberglass and plastic components; softwoods lumber; custom cabinets; polymer-based flooring products; and electrical systems and components, including instrument and dash panels, and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moldings; interior passage doors; slide-out trim and fascia products; thermoformed shower surrounds; specialty bath and closet building products; fiberglass and plastic helm systems and components; wiring and wire harnesses; aluminum fuel tanks; boat covers, towers, tops, and frames; CNC molds and composite parts; and slotwall panels and components. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, audio systems components, appliances, wiring products, electrical and plumbing products, cement siding products, raw and processed lumber, fiber reinforced polyester products, interior passage doors, roofing products, laminate and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. It offers its products through a network of manufacturing and distribution centers. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Patrick Industries logo

MarketRank

Overall MarketRank

2.21 out of 5 stars

Construction Sector

12th out of 205 stocks

Motor Vehicle Parts & Accessories Industry

3rd out of 58 stocks

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryBuilding Products
Current SymbolNASDAQ:PATK
CUSIP70334310
Phone574-294-7511
Employees7,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.34 billion
Cash Flow$6.79 per share
Book Value$20.93 per share

Profitability

Net Income$89.57 million

Miscellaneous

Market Cap$1.69 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$72.42
-0.21 (-0.29 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Patrick Industries (NASDAQ:PATK) Frequently Asked Questions

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

Patrick Industries' stock was trading at $37.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PATK shares have increased by 95.7% and is now trading at $72.42.
View which stocks have been most impacted by COVID-19
.

Is Patrick Industries a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Patrick Industries in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Patrick Industries stock.
View analyst ratings for Patrick Industries
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Patrick Industries?

Wall Street analysts have given Patrick Industries a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Patrick Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Patrick Industries' CEO?

1,448 employees have rated Patrick Industries CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Patrick Industries' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Patrick Industries' next earnings date?

Patrick Industries is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
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, 29th. The construction company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.37. The construction company had revenue of $700.70 million for the quarter, compared to analyst estimates of $667.50 million. Patrick Industries had a return on equity of 15.75% and a net margin of 3.50%. The business's revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.98 EPS.
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 Friday, November 20th. Stockholders of record on Monday, November 30th will be given a dividend of $0.28 per share on Monday, December 14th. This represents a $1.12 annualized dividend and a yield of 1.55%. The ex-dividend date is Friday, November 27th. This is a positive change from Patrick Industries's previous quarterly dividend of $0.25.
View Patrick Industries' dividend history
.

Is Patrick Industries a good dividend stock?

Patrick Industries pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.54%. The dividend payout ratio of Patrick Industries is 29.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Patrick Industries will have a dividend payout ratio of 19.82% 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 closing bell 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?

4 analysts have issued 1 year price objectives for Patrick Industries' shares. Their forecasts range from $59.00 to $88.00. On average, they anticipate Patrick Industries' stock price to reach $73.50 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for Patrick Industries
or view Wall Street analyst' top-rated stocks.

Who are some of Patrick Industries' key competitors?

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), The Home Depot (HD), NVIDIA (NVDA), Intel (INTC), Lam Research (LRCX), AT&T (T), Micron Technology (MU), Square (SQ) and Verizon Communications (VZ).

Who are Patrick Industries' key executives?

Patrick Industries' management team includes the following people:
  • Mr. Todd M. Cleveland, Exec. Chairman (Age 52, Pay $1.99M)
  • Mr. Andy L. Nemeth, CEO, Pres & Director (Age 51, Pay $1.13M)
  • Mr. Kip B. Ellis, Exec. VP of Operations & COO (Age 46, Pay $897.74k)
  • Mr. Jeffrey M. Rodino, Exec. VP of Sales & Chief Sales Officer (Age 50, Pay $853.53k)
  • Mr. Jake Petkovich, CFO, Exec. VP of Fin. & Treasurer
  • Mr. James E. Rose, Principal Accounting Officer (Age 45)
  • Ms. Julie Ann Kotowski, Director of Investor Relations
  • Mr. Courtney A. Blosser, Exec. VP of HR, Chief HR Officer & Corp. Sec. (Age 54)

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 a number of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.10%), State of Alaska Department of Revenue (0.07%), Cascade Investment Advisors Inc. (0.06%), New England Research & Management Inc. (0.04%) and Crossmark Global Holdings Inc. (0.03%). Company insiders that own Patrick Industries stock include Andy L Nemeth, Courtney Blosser, Jeff Rodino, Jeffrey L Et Al Gendell, Joshua A Boone, Kip B Ellis, M Scott Welch, Michael A Kitson, Todd M Cleveland and Walter E Wells.
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 State of Alaska Department of Revenue. Company insiders that have sold Patrick Industries company stock in the last year include Andy L Nemeth, Courtney Blosser, Jeff Rodino, Jeffrey L Et Al Gendell, Joshua A Boone, Kip B Ellis, 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 acquired by a variety of institutional investors in the last quarter, including Denali Advisors LLC, New England Research & Management Inc., Crossmark Global Holdings Inc., and Cascade Investment Advisors Inc.. Company insiders that have bought Patrick Industries stock in the last two years include Kip B Ellis, and M Scott Welch.
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.

What is Patrick Industries' stock price today?

One share of PATK stock can currently be purchased for approximately $72.42.

How big of a company is Patrick Industries?

Patrick Industries has a market capitalization of $1.69 billion and generates $2.34 billion in revenue each year. The construction company earns $89.57 million in net income (profit) each year or $3.85 on an earnings per share basis. Patrick Industries employs 7,500 workers across the globe.

What is Patrick Industries' official website?

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

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 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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