NASDAQ:PATK

Patrick Industries Stock Forecast, Price & News

$72.74
+1.12 (+1.56 %)
(As of 06/21/2021 12:00 AM ET)
Add
Compare
Today's Range
$71.18
$73.20
50-Day Range
$71.62
$97.52
52-Week Range
$47.74
$98.83
Volume240,753 shs
Average Volume152,347 shs
Market Capitalization$1.73 billion
P/E Ratio13.65
Dividend Yield1.56%
Beta2.44
30 days | 90 days | 365 days | Advanced Chart
Receive PATK News and Ratings via Email

Sign-up to receive the latest news and ratings for Patrick Industries and its competitors with MarketBeat's FREE daily newsletter.


Patrick Industries logo

About Patrick Industries

Patrick Industries, Inc. manufactures and distributes components, 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, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, solid surface, granite, and quartz countertop fabrication aluminum product; RV painting; decorative vinyl and paper laminated panel; fiberglass and plastic component; softwoods lumber; custom cabinet; polymer-based flooring product; marine hardware; air handling; and electrical system and component, including instrument and dash panel, and other product. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage door; slide-out trim and fascia product; thermoformed shower surround; specialty bath and closet building product; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and component; wiring and wire harnesses; aluminum and plastic fuel tank; boat cover, tower, top, and frame; CNC molds and composite part; and slotwall panel and component. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, wiring product, electrical and plumbing product, cement siding product, raw and processed lumber, fiber reinforced polyester product, roofing, laminate and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other product. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.29 out of 5 stars

Construction Sector

6th out of 210 stocks

Motor Vehicle Parts & Accessories Industry

6th out of 65 stocks

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











Patrick Industries (NASDAQ:PATK) Frequently Asked Questions

Is Patrick Industries a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Patrick Industries in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Patrick Industries stock.
View analyst ratings for Patrick Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Patrick Industries?

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

When is Patrick Industries' next earnings date?

Patrick Industries is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Patrick Industries
.

How were Patrick Industries' earnings last quarter?

Patrick Industries, Inc. (NASDAQ:PATK) released its quarterly earnings results on Thursday, April, 29th. The construction company reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.72. The construction company earned $850.48 million during the quarter, compared to the consensus estimate of $729.35 million. Patrick Industries had a trailing twelve-month return on equity of 21.66% and a net margin of 4.49%.
View Patrick Industries' earnings history
.

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 stock has increased by 96.5% and is now trading at $72.74.
View which stocks have been most impacted by COVID-19
.

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

Patrick Industries declared a quarterly dividend on Thursday, May 13th. Stockholders of record on Tuesday, June 1st will be given a dividend of $0.28 per share on Monday, June 14th. This represents a $1.12 annualized dividend and a yield of 1.54%. The ex-dividend date is Friday, May 28th.
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 1.56%. Patrick Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Patrick Industries is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Patrick Industries will have a dividend payout ratio of 14.49% 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?

Patrick Industries's stock split on the morning of Monday, December 11th 2017. The 3-2 split was announced on Thursday, November 9th 2017. The newly issued shares were issued 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?

4 brokerages have issued 12 month price targets for Patrick Industries' shares. Their forecasts range from $70.00 to $104.00. On average, they expect Patrick Industries' stock price to reach $84.75 in the next twelve months. This suggests a possible upside of 16.5% 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:
  • Mr. Todd M. Cleveland, Exec. Chairman (Age 53, Pay $1.99M)
  • Mr. Andy L. Nemeth, CEO, Pres & Director (Age 52, Pay $2.21M)
  • Mr. Jacob R. Petkovich, CFO, Exec. VP of Fin. & Treasurer (Age 47, Pay $561.58k)
  • Mr. Kip B. Ellis, Exec. VP of Operations & COO (Age 47, Pay $1.14M)
  • Mr. Jeffrey M. Rodino, Exec. VP of Sales & Chief Sales Officer (Age 51, Pay $1.04M)
  • Mr. James E. Rose, Principal Accounting Officer (Age 46)
  • Ms. Julie Ann Kotowski, Director of Investor Relations
  • Attorney Joel D. Duthie, Exec. VP, Chief Legal Officer & Sec.

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.

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).

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.23%), Dimensional Fund Advisors LP (4.16%), Price T Rowe Associates Inc. MD (3.45%), Loomis Sayles & Co. L P (2.84%), GW&K Investment Management LLC (2.80%) and JPMorgan Chase & Co. (2.08%). 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, Pamela R Klyn 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 Royal Bank of Canada, Dimensional Fund Advisors LP, Franklin Resources Inc., Price T Rowe Associates Inc. MD, Algert Global LLC, Squarepoint Ops LLC, New York State Common Retirement Fund, and Renaissance Technologies LLC. Company insiders that have sold Patrick Industries company stock in the last year include Andy L Nemeth, Courtney Blosser, 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 purchased by a variety of institutional investors in the last quarter, including EVR Research LP, Scout Investments Inc., Tributary Capital Management LLC, BlackRock Inc., JPMorgan Chase & Co., Ameriprise Financial Inc., Putnam Investments LLC, and Goldman Sachs Group Inc.. 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 $72.74.

How much money does Patrick Industries make?

Patrick Industries has a market capitalization of $1.73 billion and generates $2.49 billion in revenue each year. The construction company earns $97.06 million in net income (profit) each year or $4.20 on an earnings per share basis.

How many employees does Patrick Industries have?

Patrick Industries employs 8,800 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 or via email at [email protected]


This page was last updated on 6/22/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.