Patriot National Company Profile (NYSE:PN)

About Patriot National (NYSE:PN)

Patriot National logoPatriot National, Inc. is an independent national provider of technology-enabled outsourcing solutions that help insurance carriers, employers and other clients mitigate risk and comply with complex regulations. It offers a range of end-to-end insurance related and specialty services. The Company principally offers approximately two types of services: front-end services, such as brokerage, underwriting and policyholder services, and back-end services, such as claims adjudication and administration. It also offers specialty services, including technology outsourcing and other information technology (IT) services, as well as employment pre-screening and background checks. The Company's brokerage and policyholder services include general agency services and specialty underwriting and policyholder services provided to its insurance carrier clients. The Company's claims administration services relate to the administration and resolution of workers' compensation claims.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Multiline Insurance & Brokers - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:PN
  • CUSIP: N/A
  • Web: www.patnat.com
Capitalization:
  • Market Cap: $52.64 million
  • Outstanding Shares: 31,312,000
Average Prices:
  • 50 Day Moving Avg: $2.23
  • 200 Day Moving Avg: $3.15
  • 52 Week Range: $1.70 - $9.95
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.96
Sales & Book Value:
  • Annual Revenue: $233.03 million
  • Price / Sales: 0.27
  • Book Value: $0.45 per share
  • Price / Book: 4.42
Profitability:
  • EBIDTA: $31.71 million
  • Net Margins: -0.35%
  • Return on Equity: 7.15%
  • Return on Assets: 1.91%
Misc:
  • Average Volume: 111,419 shs.
  • Beta: 2.73
  • Short Ratio: 25.67
 

Frequently Asked Questions for Patriot National (NYSE:PN)

What is Patriot National's stock symbol?

Patriot National trades on the New York Stock Exchange (NYSE) under the ticker symbol "PN."

How often does Patriot National pay dividends? What is the dividend yield for Patriot National?

Patriot National announced a special dividend on Tuesday, November 15th. Investors of record on Monday, November 28th will be given a dividend of $2.50 per share on Friday, December 9th. The ex-dividend date of this dividend is Monday, December 12th. View Patriot National's Dividend History.

How were Patriot National's earnings last quarter?

Patriot National, Inc. (NYSE:PN) announced its earnings results on Monday, August, 15th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.10. The firm had revenue of $56.50 million for the quarter, compared to the consensus estimate of $64.76 million. Patriot National had a positive return on equity of 7.15% and a negative net margin of 0.35%. View Patriot National's Earnings History.

Where is Patriot National's stock going? Where will Patriot National's stock price be in 2017?

2 brokers have issued 12 month price objectives for Patriot National's shares. Their predictions range from $6.50 to $9.00. On average, they anticipate Patriot National's stock price to reach $7.75 in the next twelve months. View Analyst Ratings for Patriot National.

Who are some of Patriot National's key competitors?

Who are Patriot National's key executives?

Patriot National's management team includes the folowing people:

  • Steven M. Mariano, Chairman of the Board, President, Chief Executive Officer
  • Thomas C. Shields, Chief Financial Officer, Executive Vice President, Treasurer
  • Timothy J. Ermatinger, President of Patriot Care Management, Inc.
  • Judith L. Haddad, Executive Vice President and Chief Information and Technology Officer
  • Armand Fernandez, Executive Vice President - Loss Control
  • Michael W. Grandstaff CPA, Executive Vice President
  • Paul Von Hindenburg Halter III, Executive Vice President and National Director of Field Operations
  • Todd E. Wilson, Senior Vice President - Mergers & Acquisitions
  • Michael Mcfadden, Executive Vice President of Patriot Services, Inc.; President of Forza Lien, Inc.
  • John R. Del Pizzo, Director

When did Patriot National IPO?

(PN) raised $141 million in an initial public offering on Friday, January 16th 2015. The company issued 8,300,000 shares at a price of $16.00-$18.00 per share. UBS Investment Bank, BMO Capital Markets and SunTrust Robinson Humphrey acted as the underwriters for the IPO and JMP Securities and William Blair were co-managers.

How do I buy Patriot National stock?

Shares of Patriot National can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Patriot National's stock price today?

One share of Patriot National stock can currently be purchased for approximately $1.99.


MarketBeat Community Rating for Patriot National (NYSE PN)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  136
MarketBeat's community ratings are surveys of what our community members think about Patriot National and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Patriot National (NYSE:PN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.75 (289.45% upside)

Analysts' Ratings History for Patriot National (NYSE:PN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/10/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
3/8/2017Compass PointDowngradeBuy -> NeutralLowView Rating Details
2/26/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$5.00N/AView Rating Details
1/1/2016BMO Capital MarketsReiterated RatingBuyN/AView Rating Details
12/18/2015William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 7/20/2015 forward)

Earnings

Earnings History for Patriot National (NYSE:PN)
Earnings by Quarter for Patriot National (NYSE:PN)
Earnings History by Quarter for Patriot National (NYSE PN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/14/2017Q4 2016$0.13($0.05)$64.77 million$51.50 millionViewN/AView Earnings Details
11/14/2016Q316$0.27$0.12$70.19 million$60.20 millionViewN/AView Earnings Details
8/15/2016Q2$0.21$0.11$64.76 million$56.50 millionViewListenView Earnings Details
5/12/2016Q116$0.23$0.21$62.35 million$64.60 millionViewN/AView Earnings Details
2/24/2016Q415$0.25$0.19$60.44 million$60.90 millionViewListenView Earnings Details
8/11/2015Q215$0.18$0.18$45.14 million$47.30 millionViewListenView Earnings Details
5/6/2015Q115$0.14$0.18$43.30 million$42.99 millionViewN/AView Earnings Details
3/16/2015$0.05$0.01$39.37 million$40.25 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Patriot National (NYSE:PN)
2017 EPS Consensus Estimate: $0.66
2018 EPS Consensus Estimate: $0.13
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.18$0.18$0.18
Q3 20171$0.23$0.23$0.23
Q4 20171$0.25$0.25$0.25
Q1 20181$0.04$0.04$0.04
Q2 20181$0.02$0.02$0.02
Q3 20181$0.06$0.06$0.06
Q4 20181$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Patriot National (NYSE:PN)
Most Recent Dividend:12/9/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Patriot National (NYSE:PN)

Dividend History by Quarter for Patriot National (NYSE PN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/15/2016special$2.5012/12/201611/28/201612/9/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Patriot National (NYSE:PN)
Insider Ownership Percentage: 59.90%
Institutional Ownership Percentage: 15.75%
Insider Trades by Quarter for Patriot National (NYSE:PN)
Institutional Ownership by Quarter for Patriot National (NYSE:PN)
Insider Trades by Quarter for Patriot National (NYSE:PN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/18/2017Paul HalterInsiderSell2,794$4.71$13,159.74View SEC Filing  
1/10/2017Steven M MarianoInsiderSell7,377$5.01$36,958.77View SEC Filing  
11/28/2016Judith L HaddadInsiderBuy2,500$6.64$16,600.00View SEC Filing  
11/15/2016Charles H WalshDirectorBuy30,000$6.22$186,600.00View SEC Filing  
9/16/2016Paul HalterInsiderSell2,794$9.09$25,397.46View SEC Filing  
3/30/2016Paul HalterInsiderSell2,794$8.08$22,575.52View SEC Filing  
3/24/2016Pizzo John R DelDirectorBuy19,200$7.56$145,152.00View SEC Filing  
3/24/2016Steven M MarianoMajor ShareholderBuy70,000$7.60$532,000.00View SEC Filing  
3/18/2016Steven M MarianoMajor ShareholderBuy60,000$6.64$398,400.00View SEC Filing  
3/17/2016Pizzo John R DelDirectorBuy9,000$6.58$59,220.00View SEC Filing  
3/14/2016Judith L HaddadInsiderBuy2,500$6.25$15,625.00View SEC Filing  
3/3/2016Charles H WalshDirectorBuy50,000$4.06$203,000.00View SEC Filing  
12/1/2015Timothy J. ErmatingerinsiderSell7,500$14.31$107,325.00View SEC Filing  
10/5/2015Steven M MarianoMajor ShareholderBuy24,454$15.27$373,412.58View SEC Filing  
9/29/2015Steven M MarianoMajor ShareholderBuy60,652$15.77$956,482.04View SEC Filing  
9/24/2015Steven M MarianoMajor ShareholderBuy29,742$16.30$484,794.60View SEC Filing  
9/4/2015Steven M MarianoInsiderBuy65,400$16.45$1,075,830.00View SEC Filing  
9/1/2015Steven M MarianoInsiderBuy23,058$16.25$374,692.50View SEC Filing  
8/31/2015Steven M MarianoMajor ShareholderBuy32,500$16.68$542,100.00View SEC Filing  
8/26/2015Steven M MarianoMajor ShareholderBuy52,320$16.09$841,828.80View SEC Filing  
8/24/2015Steven M MarianoMajor ShareholderBuy81,191$15.64$1,269,827.24View SEC Filing  
8/17/2015Steven M MarianoMajor ShareholderBuy76,934$15.97$1,228,635.98View SEC Filing  
6/23/2015Steven M MarianoMajor ShareholderBuy25,000$15.50$387,500.00View SEC Filing  
5/27/2015Steven M MarianoMajor ShareholderBuy15,000$15.50$232,500.00View SEC Filing  
5/22/2015Steven M MarianoInsiderBuy9,344$15.71$146,794.24View SEC Filing  
5/21/2015Steven M MarianoInsiderBuy400$15.75$6,300.00View SEC Filing  
5/20/2015Steven M MarianoInsiderBuy255$15.75$4,016.25View SEC Filing  
5/15/2015Steven M MarianoInsiderBuy5,000$15.50$77,500.00View SEC Filing  
5/14/2015Steven M MarianoInsiderBuy15,000$15.02$225,300.00View SEC Filing  
5/12/2015Steven M MarianoInsiderBuy5,400$14.96$80,784.00View SEC Filing  
5/11/2015Steven M MarianoMajor ShareholderBuy100,000$14.25$1,425,000.00View SEC Filing  
5/8/2015Steven M MarianoInsiderBuy64,100$14.62$937,142.00View SEC Filing  
3/25/2015Steven M MarianoMajor ShareholderBuy25,000$13.97$349,250.00View SEC Filing  
3/24/2015Steven M MarianoMajor ShareholderBuy120,723$13.89$1,676,842.47View SEC Filing  
3/20/2015Steven M MarianoMajor ShareholderBuy110,093$13.16$1,448,823.88View SEC Filing  
1/22/2015Charles H WalshDirectorBuy5,000$14.00$70,000.00View SEC Filing  
1/22/2015Paul HalterInsiderBuy1,000$14.00$14,000.00View SEC Filing  
1/22/2015Steven M MarianoMajor ShareholderBuy339,292$14.00$4,750,088.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Patriot National (NYSE:PN)
Latest Headlines for Patriot National (NYSE:PN)
Source:
DateHeadline
finance.yahoo.com logoPatriot National’s Board of Directors Names Glenn Hibler Chairman
finance.yahoo.com - July 18 at 7:27 AM
finance.yahoo.com logoFeatured Company News - Patriot National's CEO Quits Office; John Rearer to Replace the Company Founder
finance.yahoo.com - July 17 at 8:54 AM
finance.yahoo.com logoPatriot National sees stock price rise after Mariano resigns as CEO
finance.yahoo.com - July 15 at 7:36 AM
finance.yahoo.com logoPatriot National Appoints John Rearer as Chief Executive Officer
finance.yahoo.com - July 14 at 7:29 AM
finance.yahoo.com logoPatriot National founder Steven Mariano resigns
finance.yahoo.com - July 14 at 7:29 AM
americanbankingnews.com logoCritical Contrast: Patriot National (PN) vs. Kemper Corporation (KMPR)
www.americanbankingnews.com - July 12 at 12:06 AM
americanbankingnews.com logoContrasting Patriot National (NYSE:PN) & D/B/A Chubb Limited New (CB)
www.americanbankingnews.com - June 30 at 8:30 PM
americanbankingnews.com logoKemper Corporation (KMPR) and Patriot National (PN) Financial Analysis
www.americanbankingnews.com - June 22 at 2:14 PM
americanbankingnews.com logoArthur J Gallagher & Co (AJG) and Patriot National (PN) Head-To-Head Comparison
www.americanbankingnews.com - June 7 at 6:18 PM
americanbankingnews.com logoPatriot National Inc (PN) Lowered to "Sell" at ValuEngine
www.americanbankingnews.com - June 3 at 2:34 PM
finance.yahoo.com logoPatriot Technology Solutions Recognized Among the Top 20 Most Promising Insurance Technology Solution Providers of 2017 by CIOReview
finance.yahoo.com - May 31 at 6:23 PM
nasdaq.com logoPatriot National Forms Committee To Explore Strategic Alternatives - Quick Facts
www.nasdaq.com - May 30 at 6:57 PM
streetinsider.com logoPatriot National (PN) Board of Directors Form Special Committee to Review Strategic Alternatives
www.streetinsider.com - May 30 at 6:57 PM
finance.yahoo.com logoPatriot National Announces Review of Strategic Alternatives
finance.yahoo.com - May 30 at 9:49 AM
americanbankingnews.com logoPatriot National Inc (PN) Raised to "Hold" at ValuEngine
www.americanbankingnews.com - May 24 at 3:20 PM
finance.yahoo.com logoLawsuit for Investors in Patriot National Inc. (NYSE:PN) Shares Announced by Shareholders Foundation
finance.yahoo.com - May 23 at 9:51 AM
americanbankingnews.com logoPatriot National Inc (PN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 17 at 7:52 AM
finance.yahoo.com logoFINAL DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Patriot National (PN) and Lead Plaintiff Deadline: May 15, 2017
finance.yahoo.com - May 15 at 6:32 PM
businesswire.com logoPATRIOT NATIONAL 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class ...
www.businesswire.com - May 13 at 1:06 AM
finance.yahoo.com logoPATRIOT NATIONAL 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Patriot National, Inc. - (PN)
finance.yahoo.com - May 13 at 1:06 AM
finance.yahoo.com logoMAY 15 DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 13 at 1:06 AM
finance.yahoo.com logoEQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Its Filing of an Amended Complaint on Behalf of Shareholders of Patriot National, Inc. - PN
finance.yahoo.com - May 12 at 8:05 PM
finance.yahoo.com logoPN UPCOMING DEADLINE ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Patriot National, Inc. and a Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - May 12 at 8:04 PM
finance.yahoo.com logoMONDAY DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 11 at 7:44 PM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Patriot National (PN) and Lead Plaintiff Deadline: May 15, 2017
finance.yahoo.com - May 10 at 7:31 PM
finance.yahoo.com logo5-DAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 10 at 7:31 PM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of Commencement of a Class Action Filed on Behalf of Patriot National, Inc. Shareholders and Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - May 9 at 6:51 PM
finance.yahoo.com logoDEADLINE ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 9 at 6:51 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Patriot National, Inc. To Contact The Firm Before Imminent Lead Plaintiff Deadline
finance.yahoo.com - May 9 at 6:51 PM
finance.yahoo.com logoDEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Patriot National (PN) and Lead Plaintiff Deadline: May 15, 2017
finance.yahoo.com - May 9 at 11:02 AM
finance.yahoo.com logoLaw Offices of Howard G. Smith Reminds Patriot National, Inc. Investors of Upcoming Lead Plaintiff Deadline and Encourages Investors to Contact the Firm
finance.yahoo.com - May 8 at 6:41 PM
finance.yahoo.com logo7-DAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 8 at 6:41 PM
finance.yahoo.com logoEQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 6 at 12:33 AM
finance.yahoo.com logoBragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Patriot National, Inc. (PN) and Encourages Investors with Losses to Contact the Firm Before May 15, 2017
finance.yahoo.com - May 4 at 7:27 PM
finance.yahoo.com logoPATRIOT NATIONAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit against Patriot National, Inc.
finance.yahoo.com - May 4 at 12:46 AM
finance.yahoo.com logoUPCOMING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 3 at 7:44 PM
americanbankingnews.com logoPatriot National (PN) Earning Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - May 3 at 6:54 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 2 at 10:17 AM
americanbankingnews.com logoPatriot National (PN) Earning Somewhat Critical Press Coverage, Analysis Shows
www.americanbankingnews.com - April 30 at 8:07 AM
finance.yahoo.com logoAPPROACHING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 29 at 1:19 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Filing of Amended Complaint on Behalf of Shareholders of Patriot National, Inc. - PN
finance.yahoo.com - April 28 at 3:15 PM
finance.yahoo.com logoPatriot National Announces New Appointment to Board of Directors
finance.yahoo.com - April 27 at 7:46 PM
finance.yahoo.com logoPN LOSS NOTICE: Rosen Law Firm Reminds Patriot National, Inc. Investors of Important Deadline in Class Action – PN
finance.yahoo.com - April 27 at 7:46 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 27 at 7:46 PM
americanbankingnews.com logoPatriot National (PN) Earns Daily News Impact Rating of -0.14
www.americanbankingnews.com - April 27 at 5:06 PM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Patriot National, …
finance.yahoo.com - April 26 at 11:00 PM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Patriot National, Inc. Shareholders & Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - April 26 at 6:00 PM
finance.yahoo.com logoEQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 26 at 6:00 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 25 at 6:24 PM
finance.yahoo.com logoPatriot National Announces New Appointments to Board of Directors
finance.yahoo.com - April 25 at 6:24 PM

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Chart

Patriot National (PN) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff