NYSE:PAX

Patria Investments (PAX) Stock Price, News & Analysis

$13.60
-0.03 (-0.22%)
(As of 04/26/2024 ET)
Today's Range
$13.59
$13.76
50-Day Range
$13.40
$15.65
52-Week Range
$12.81
$16.20
Volume
422,064 shs
Average Volume
285,995 shs
Market Capitalization
N/A
P/E Ratio
16.79
Dividend Yield
11.76%
Price Target
$17.00

Patria Investments MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
25.0% Upside
$17.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
4.91%
From $1.63 to $1.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.72 out of 5 stars

PAX stock logo

About Patria Investments Stock (NYSE:PAX)

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.

PAX Stock Price History

PAX Stock News Headlines

Patria Investments (PAX) Scheduled to Post Earnings on Thursday
Patria Investments: Go Local In LatAm
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Patria Announces First Quarter 2024 Investor Call
Patria Announces First Quarter 2024 Investor Call
Patria: High-Yield, High-Growth, Strong Track Record
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
PAX Mar 2024 17.500 call
Patria Investments (PAX) Receives a Buy from KBW
Patria Investments declares $0.399 dividend
Here's what Wall Street expects from Patria Investment's earnings report
Patria Investments Q4 2023 Earnings Preview
PAX vs. APO: Which Stock Is the Better Value Option?
Best Value Stocks to Buy for January 15th
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/8 Dividend
2/21/2024
Dividend Payable
3/08/2024
Today
4/28/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
385
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$17.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+25.0%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$118.40 million
Pretax Margin
37.85%

Debt

Sales & Book Value

Annual Sales
$327.60 million
Cash Flow
$3.11 per share
Book Value
$9.47 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.60
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Key Executives

  • Mr. Olímpio Matarazzo Neto (Age 64)
    Senior Managing Partner & Chairman
  • Mr. Alexandre Teixeira de Assumpcao Saigh (Age 56)
    CEO, Senior Managing Partner & Director
  • Ms. Ana Cristina Russo (Age 56)
    MD & CFO
  • Mr. Alexandre Coutinho
    Chief Investment Officer & Senior Portfolio Manager
  • Mr. Paulo Eduardo de Freitas Cirulli (Age 42)
    Chief Compliance Officer
  • Mr. Pedro Rufino Carvalho da Silva (Age 42)
    Global General Counsel
  • Mr. Marco Nicola D'Ippolito (Age 47)
    Managing Partner & Chief Corporate Development Officer
  • Mr. Jose Augusto Goncalves de Araujo Teixeira (Age 45)
    Partner and Head of Marketing & Products
  • Ms. Ana Paula Alves dos Santos (Age 55)
    Partner & Head of Human Resources
  • Mr. Andre Mauricio de Camargo Penalva (Age 51)
    Managing Partner and Head of Sales & Distribution - Latin America

PAX Stock Analysis - Frequently Asked Questions

What is Patria Investments' stock price target for 2024?

0 analysts have issued 1 year target prices for Patria Investments' stock. Their PAX share price targets range from $17.00 to $17.00. On average, they expect the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for PAX
or view top-rated stocks among Wall Street analysts.

How have PAX shares performed in 2024?

Patria Investments' stock was trading at $15.51 on January 1st, 2024. Since then, PAX shares have decreased by 12.3% and is now trading at $13.60.
View the best growth stocks for 2024 here
.

When is Patria Investments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PAX earnings forecast
.

How can I listen to Patria Investments' earnings call?

Patria Investments will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Patria Investments' earnings last quarter?

Patria Investments Limited (NYSE:PAX) announced its quarterly earnings results on Thursday, February, 15th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.34 by $0.13. The business earned $111.70 million during the quarter, compared to the consensus estimate of $83.41 million. Patria Investments had a trailing twelve-month return on equity of 38.20% and a net margin of 36.81%. During the same period in the previous year, the business posted $0.36 earnings per share.

How often does Patria Investments pay dividends? What is the dividend yield for Patria Investments?

Patria Investments declared a quarterly dividend on Tuesday, February 6th. Investors of record on Thursday, February 22nd will be paid a dividend of $0.399 per share on Friday, March 8th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.74%. The ex-dividend date of this dividend is Wednesday, February 21st.
Read our dividend analysis for PAX
.

Is Patria Investments a good dividend stock?

Patria Investments (NYSE:PAX) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.74%. PAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 197.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAX will have a dividend payout ratio of 93.57% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PAX.

What ETFs hold Patria Investments' stock?

ETFs with the largest weight of Patria Investments (NYSE:PAX) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).Invesco Global Listed Private Equity ETF (PSP).

When did Patria Investments IPO?

Patria Investments (PAX) raised $400 million in an IPO on Friday, January 22nd 2021. The company issued 26,700,000 shares at $14.00-$16.00 per share. J.P. Morgan, BofA Securities, Credit Suisse and Goldman Sachs served as the underwriters for the IPO and Bradesco BBI, BTG Pactual, Itaú BBA, Keefe, Bruyette & Woods (A Stifel Company), mSantander and ,XP Investments were co-managers.

Who are Patria Investments' major shareholders?

Patria Investments' stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.00%), Solstein Capital LLC (0.00%) and AdvisorNet Financial Inc (0.00%).

How do I buy shares of Patria Investments?

Shares of PAX 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.
Compare Top Brokerages Here.

This page (NYSE:PAX) was last updated on 4/28/2024 by MarketBeat.com Staff

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