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PAX Stock Overview

Profile

Full Name:

Patria Investments Limited

Country:

Cayman Islands

IPO:

January 22, 2021

Indexes:

Not included

Description:

PAX (Patria Investments Limited) is a financial services company that specializes in private equity, real estate, and infrastructure investments. It focuses on creating value for investors by managing diverse portfolios in Latin America, aiming for sustainable growth and strong returns.

Key Details

Price

$11.63

Annual Revenue

$327.62 M(+26.55% YoY)

Annual EPS

$0.80(+26.12% YoY)

Beta

1.08

Events Calendar

Earnings

Next earnings date:

Feb 12, 2025

Recent quarterly earnings:

Nov 5, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 18, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Oct 22, 24 Goldman Sachs
Buy
Jun 14, 23 JP Morgan
Neutral
Apr 18, 23 Keefe, Bruyette & Woods
Outperform
Apr 5, 23 B of A Securities
Neutral
Feb 15, 23 Keefe, Bruyette & Woods
Outperform
Feb 15, 23 Goldman Sachs
Buy
Dec 14, 21 Goldman Sachs
Buy
May 21, 21 Itau BBA
Outperform
May 21, 21 Credit Suisse
Outperform
Feb 17, 21 Goldman Sachs
Buy

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Patria Investments Announces Sale of Aguas Pacifico
Patria Investments Announces Sale of Aguas Pacifico
Patria Investments Announces Sale of Aguas Pacifico
PAX
globenewswire.comJanuary 31, 2025

GRAND CAYMAN, Cayman Islands, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, announced that Patria Infrastructure Fund III (“IS Fund III”) has substantially met the conditions precedent necessary for the sale of Aguas Pacifico, a multi-client water desalination project under construction in Chile, to Patria Infrastructure Fund V (“IS Fund V”) and other investors. The agreement for the transaction was signed in December 2024.

My Biggest Investment For 2025: Patria Investments
My Biggest Investment For 2025: Patria Investments
My Biggest Investment For 2025: Patria Investments
PAX
seekingalpha.comJanuary 17, 2025

Alternative asset managers have been very rewarding over the long run. Patria Investments is our Top Pick in this sector. It has the potential to deliver 20%+ annual returns going forward. Here's why.

Patria Announces Fourth Quarter & Full Year 2024 Investor Call
Patria Announces Fourth Quarter & Full Year 2024 Investor Call
Patria Announces Fourth Quarter & Full Year 2024 Investor Call
PAX
globenewswire.comJanuary 16, 2025

GRAND CAYMAN, Cayman Islands, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, and host a conference call via public webcast at 9:00 a.m. ET.

Patria Investments: Don't Miss Out Here
Patria Investments: Don't Miss Out Here
Patria Investments: Don't Miss Out Here
PAX
seekingalpha.comDecember 16, 2024

We deem Patria Investments Limited a "buy-the-dip" opportunity on the basis of resilient AUM growth, a well-balanced fund structure, margin expansion potential, and telling valuation metrics. The company's Latin America-centric approach can provide valuable diversification and growth benefits to investors. Despite being concerned by its recent earnings misses, we see tremendous value in Patria, which is echoed by its relative value and 4%+ forward dividend yield.

Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
PAX
seekingalpha.comNovember 13, 2024

Patria Investments has heavily underperformed global peers in the private capital industry, dropping -20.25% YTD. Q3 demonstrated strong organic fundraising of $2 billion, with most coming from their global segment, which had a substantial part of those inflows arriving from Brazilian investors wanting to invest abroad. Although the company had a yearly margin reduction based on fee-related earnings, at a 12x price-to-FRE, the stock valuation looks too attractive to ignore.

Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
PAX
seekingalpha.comNovember 5, 2024

Patria Investments Limited (NASDAQ:PAX ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Rob Lee - Head, Shareholder Relations Alex Saigh - Chief Executive Officer Ana Russo - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Beatriz de Abreu - Goldman Sachs Ricardo Buchpiguel - BTG Pactual Guilherme Grespan - JPMorgan William Barranjard - Itau BBA Operator Good day and thank you for standing by. Welcome to the Patria Third Quarter 2024 Earnings Conference Call.

Patria Reports Third Quarter 2024 Earnings Results
Patria Reports Third Quarter 2024 Earnings Results
Patria Reports Third Quarter 2024 Earnings Results
PAX
globenewswire.comNovember 5, 2024

GRAND CAYMAN, Cayman Islands, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2024. The full detailed presentation of Patria's third quarter 2024 results can be accessed on the Shareholders section of Patria's website at https://ir.patria.com/.

Patria Investments: The Alternatives King Of Latin America
Patria Investments: The Alternatives King Of Latin America
Patria Investments: The Alternatives King Of Latin America
PAX
seekingalpha.comOctober 14, 2024

Alternative investment firms like Blackstone, Brookfield, Apollo, and KKR excel by managing third-party funds, creating billionaire founders. Patria Investments is emerging as a leader in South America, rapidly growing AUM through M&A and fundraising. Despite impressive growth, Patria's share price has declined since its 2021 IPO, which is unwarranted given its flourishing business.

Patria Announces Third Quarter 2024 Investor Call
Patria Announces Third Quarter 2024 Investor Call
Patria Announces Third Quarter 2024 Investor Call
PAX
globenewswire.comOctober 10, 2024

GRAND CAYMAN, Cayman Islands, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, and host a conference call via public webcast at 9:00 a.m. ET.

Why I Sold Patria Investments Following The Q2 Earnings
Why I Sold Patria Investments Following The Q2 Earnings
Why I Sold Patria Investments Following The Q2 Earnings
PAX
seekingalpha.comAugust 13, 2024

Patria Investments' management changed the established capital allocation policy without prior notice. This new policy doesn't focus much on dividends. Due to a rapid reallocation of capital and a lack of transparency regarding future plans, I believe an investment in PAX stock doesn't make sense for dividend investors. As the satisfaction with the results of an investment in PAX can differ wildly, depending on the investment goal, I rate it a hold.

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FAQ

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

What is the ticker symbol for Patria Investments Limited?

The ticker symbol for Patria Investments Limited is NASDAQ:PAX

Does Patria Investments Limited pay dividends?

Yes, Patria Investments Limited pays dividends. The last payment was $0.15, with an ex-dividend date on November 18, 2024

What sector is Patria Investments Limited in?

Patria Investments Limited is in the Financial Services sector

What industry is Patria Investments Limited in?

Patria Investments Limited is in the Asset Management industry

What country is Patria Investments Limited based in?

Patria Investments Limited is headquartered in Cayman Islands

When did Patria Investments Limited go public?

Patria Investments Limited's initial public offering (IPO) was on January 22, 2021

Is Patria Investments Limited in the S&P 500?

No, Patria Investments Limited is not included in the S&P 500 index

Is Patria Investments Limited in the NASDAQ 100?

No, Patria Investments Limited is not included in the NASDAQ 100 index

Is Patria Investments Limited in the Dow Jones?

No, Patria Investments Limited is not included in the Dow Jones index

When was Patria Investments Limited's last earnings report?

Patria Investments Limited's most recent earnings report was on Nov 5, 2024

When does Patria Investments Limited report earnings?

The next expected earnings date for Patria Investments Limited is Feb 12, 2025

Should I buy Patria Investments Limited 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