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Patrick Industries (PATK) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Not included

Description:

Patrick Industries, Inc. is a large distributor of building products and materials for transportation vehicles, marine vessels, industrial housing, and industrial markets in the United States and Canada. The company was founded in 1959, with its headquarters located in Elkhart, Indiana. The manufacturing segment provides furniture, shelving, cabinets, fiberglass plumbing fixtures, hardwood furniture, vinyl printing, granite and quartz products. The distribution segment offers ready-made wall and ceiling panels, drywall and drywall finishing materials, electronics, audio system components, household appliances, electrical products, and electrical and plumbing products.

Key Details

Price

$135.28

TTM Dividend Yield

1.66%(-26.22% YoY)

Annual Revenue

$3.47 B(-28.96% YoY)

Annual EPS

$6.50(-51.82% YoY)

PE Ratio

19.44(+56.27% YoY)

Beta

1.37

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 08, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 25, 2024
Splits

Next split:

N/A

Recent split:

Jan 11, 2018

Analyst ratings

Recent major analysts updates

04 Nov '24 Benchmark
Buy
01 Nov '24 Raymond James
Outperform
01 Nov '24 BMO Capital
Outperform
23 Oct '24 Keybanc
Overweight
01 Oct '24 Raymond James
Outperform
20 Sept '24 Truist Securities
Buy
17 Sept '24 Benchmark
Buy
29 Aug '24 Benchmark
Buy
05 Aug '24 DA Davidson
Neutral
02 Aug '24 Truist Securities
Buy

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Institutional Ownership

Patrick Industries to Host Investor Day on December 3, 2024
Patrick Industries to Host Investor Day on December 3, 2024
Patrick Industries to Host Investor Day on December 3, 2024
PATK
prnewswire.com25 November 2024

ELKHART, Ind. , Nov. 25, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will host an inaugural Investor Day on December 3, 2024 in New York, NY.

Patrick Rewards Investors With 9% Dividend Hike: Will It Sustain?
Patrick Rewards Investors With 9% Dividend Hike: Will It Sustain?
Patrick Rewards Investors With 9% Dividend Hike: Will It Sustain?
PATK
zacks.com18 November 2024

PATK's solid capital allocation strategy drives long-term sustainable growth and shareholders' value.

Patrick Industries, Inc. Announces Increase to Regular Quarterly Cash Dividend and Increased Share Repurchase Authorization
Patrick Industries, Inc. Announces Increase to Regular Quarterly Cash Dividend and Increased Share Repurchase Authorization
Patrick Industries, Inc. Announces Increase to Regular Quarterly Cash Dividend and Increased Share Repurchase Authorization
PATK
prnewswire.com15 November 2024

ELKHART, Ind. , Nov. 15, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on November 14, 2024, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.60 per share from $0.55 per share.

Patrick Industries to Participate in Upcoming Baird Conference
Patrick Industries to Participate in Upcoming Baird Conference
Patrick Industries to Participate in Upcoming Baird Conference
PATK
prnewswire.com05 November 2024

ELKHART, Ind. , Nov. 5, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in Baird's 2024 Global Industrial Conference on November 12, 2024.

Introducing Stage-3 Jeep® Audio Kits for Select 2024 and Newer Wrangler Models by Rockford Fosgate®
Introducing Stage-3 Jeep® Audio Kits for Select 2024 and Newer Wrangler Models by Rockford Fosgate®
Introducing Stage-3 Jeep® Audio Kits for Select 2024 and Newer Wrangler Models by Rockford Fosgate®
PATK
prnewswire.com05 November 2024

TEMPE, Ariz. , Nov. 5, 2024 /PRNewswire/ -- Rockford Fosgate, a leader in high-performance audio systems, is thrilled to unveil its 1800-watt Stage-3 Jeep Audio Kit.

Patrick Industries, Inc. Announces Closing of $500 Million Senior Notes Offering and New Credit Facility
Patrick Industries, Inc. Announces Closing of $500 Million Senior Notes Offering and New Credit Facility
Patrick Industries, Inc. Announces Closing of $500 Million Senior Notes Offering and New Credit Facility
PATK
prnewswire.com24 October 2024

ELKHART, Ind. , Oct. 24, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced the closing of its previously announced private offering of $500 million aggregate principal amount of 6.375% Senior Notes due 2032 (the "Notes"), at an issue price of 100% of the principal amount of the Notes, in a private placement exempt from registration under the Securities Act of 1933 (the "Securities Act") on October 22, 2024.

Patrick Industries, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Webcast on October 31, 2024
Patrick Industries, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Webcast on October 31, 2024
Patrick Industries, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Webcast on October 31, 2024
PATK
prnewswire.com17 October 2024

ELKHART, Ind. , Oct. 17, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2024 financial results before the market opens on Thursday, October 31, 2024.

Patrick Industries, Inc. Announces Pricing and Upsize of Private Offering of $500 Million of Senior Notes
Patrick Industries, Inc. Announces Pricing and Upsize of Private Offering of $500 Million of Senior Notes
Patrick Industries, Inc. Announces Pricing and Upsize of Private Offering of $500 Million of Senior Notes
PATK
prnewswire.com07 October 2024

ELKHART, Ind. , Oct. 7, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced the pricing of its upsized private offering of $500 million aggregate principal amount of its 6.375% Senior Notes due 2032 (the "Notes") in a private placement exempt from registration under the Securities Act of 1933 (the "Securities Act").

Patrick Industries, Inc. Announces Private Offering of $400 Million of Senior Notes
Patrick Industries, Inc. Announces Private Offering of $400 Million of Senior Notes
Patrick Industries, Inc. Announces Private Offering of $400 Million of Senior Notes
PATK
prnewswire.com07 October 2024

ELKHART, Ind. , Oct. 7, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced its intention to offer, subject to market conditions and other factors, $400 million aggregate principal amount of Senior Notes due 2032 (the "Notes") in a private placement exempt from registration under the Securities Act of 1933 ("Securities Act").

Patrick Industries to Participate in Upcoming D.A. Davidson Conference
Patrick Industries to Participate in Upcoming D.A. Davidson Conference
Patrick Industries to Participate in Upcoming D.A. Davidson Conference
PATK
prnewswire.com12 September 2024

ELKHART, Ind. , Sept. 12, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in D.A.

FAQ

  • What is the primary business of Patrick Industries?
  • What is the ticker symbol for Patrick Industries?
  • Does Patrick Industries pay dividends?
  • What sector is Patrick Industries in?
  • What industry is Patrick Industries in?
  • What country is Patrick Industries based in?
  • When did Patrick Industries go public?
  • Is Patrick Industries in the S&P 500?
  • Is Patrick Industries in the NASDAQ 100?
  • Is Patrick Industries in the Dow Jones?
  • When was Patrick Industries's last earnings report?
  • When does Patrick Industries report earnings?
  • Should I buy Patrick Industries stock now?

What is the primary business of Patrick Industries?

Patrick Industries, Inc. is a large distributor of building products and materials for transportation vehicles, marine vessels, industrial housing, and industrial markets in the United States and Canada. The company was founded in 1959, with its headquarters located in Elkhart, Indiana. The manufacturing segment provides furniture, shelving, cabinets, fiberglass plumbing fixtures, hardwood furniture, vinyl printing, granite and quartz products. The distribution segment offers ready-made wall and ceiling panels, drywall and drywall finishing materials, electronics, audio system components, household appliances, electrical products, and electrical and plumbing products.

What is the ticker symbol for Patrick Industries?

The ticker symbol for Patrick Industries is NASDAQ:PATK

Does Patrick Industries pay dividends?

Yes, Patrick Industries pays dividends. The last payment was $0.60, with an ex-dividend date on 25 November 2024

What sector is Patrick Industries in?

Patrick Industries is in the Consumer Cyclical sector

What industry is Patrick Industries in?

Patrick Industries is in the Furnishings, Fixtures & Appliances industry

What country is Patrick Industries based in?

Patrick Industries is headquartered in United States

When did Patrick Industries go public?

Patrick Industries's initial public offering (IPO) was on 17 March 1980

Is Patrick Industries in the S&P 500?

No, Patrick Industries is not included in the S&P 500 index

Is Patrick Industries in the NASDAQ 100?

No, Patrick Industries is not included in the NASDAQ 100 index

Is Patrick Industries in the Dow Jones?

No, Patrick Industries is not included in the Dow Jones index

When was Patrick Industries's last earnings report?

Patrick Industries's most recent earnings report was on 31 October 2024

When does Patrick Industries report earnings?

The next expected earnings date for Patrick Industries is 7 February 2025

Should I buy Patrick Industries stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions