Patrick Industries, Inc. (PATK)
| Market Cap | 2.22B |
| Revenue (ttm) | 3.64B |
| Net Income (ttm) | 152.26M |
| Shares Out | 22.13M |
| EPS (ttm) | 6.81 |
| PE Ratio | 14.74 |
| Forward PE | 13.24 |
| Dividend | $2.20 (2.19%) |
| Ex-Dividend Date | Nov 24, 2023 |
| Volume | 80,460 |
| Open | 101.58 |
| Previous Close | 101.30 |
| Day's Range | 100.27 - 101.94 |
| 52-Week Range | 59.44 - 102.50 |
| Beta | 1.82 |
| Analysts | Buy |
| Price Target | 91.00 (-9.32%) |
| Earnings Date | Feb 8, 2024 |
About PATK
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, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz c... [Read more]
Financial Performance
In 2022, PATK's revenue was $4.88 billion, an increase of 19.71% compared to the previous year's $4.08 billion. Earnings were $328.20 million, an increase of 45.92%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for PATK stock is "Buy." The 12-month stock price forecast is $91.0, which is a decrease of -9.32% from the latest price.
News
ROCKFORD FOSGATE® APPOINTS ORA FREEMAN AS SENIOR DIRECTOR OF MARINE OEM
TEMPE, Ariz. , Dec. 20, 2023 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Ora Freeman as Senior Director of OEM Marin...
Patrick Industries, Inc. Publishes 2023 Sustainability & Responsibility Report
ELKHART, Ind. , Dec. 18, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing market...
Patrick Industries to Participate in Upcoming 2023 Truist Conference
ELKHART, Ind. , Nov. 30, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing market...
Patrick Industries, Inc. Announces Increase to Regular Quarterly Cash Dividend
ELKHART, Ind. , Nov. 16, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on November 15, 2023, its Board of Directors (the "Board") approved an increase in the amount...
ROCKFORD FOSGATE® PROMOTES JOE GONZALEZ TO NATIONAL SALES MANAGER
TEMPE, Ariz. , Oct. 31, 2023 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is pleased to announce the promotion of Joe Gonzalez to National Sales Manager.
ROCKFORD FOSGATE ENHANCES ADVENTURE WITH ALL-NEW COMPLETE AUDIO SYSTEMS FOR JEEP WRANGLER AND GLADIATOR
Available for select 2018-2023 Jeep Wrangler, and 2020+ Jeep Gladiator models, the Rockford Fosgate sound systems deliver storied sound in a complete plug-and-play package TEMPE, Ariz. , Oct. 31, 202...
Patrick Industries to Participate in 2023 Baird Global Industrial Conference
ELKHART, Ind. , Oct. 31, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing market...
Patrick Industries, Inc. Reports Third Quarter 2023 Financial Results
Third Quarter 2023 Highlights (compared to Third Quarter 2022 unless otherwise noted) Net sales of $866 million decreased 22% as a result of lower wholesale unit shipments in our end markets and lower...
ROCKFORD FOSGATE PARTNERS WITH THUMPER FABRICATION FOR NATIONAL MOTORSPORTS DISTRIBUTION
Strategically extending the distribution network for SXS and UTV products with authentic experience and a shared brand alignment. TEMPE, Ariz.
Patrick Industries, Inc. Announces Third Quarter 2023 Earnings Release and Conference Call Webcast on October 26, 2023
ELKHART, Ind. , Oct. 12, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2023 financial...
ROCKFORD FOSGATE UNVEILS ALL-IN-ONE OVERHEAD AUDIO SYSTEM FOR CAN-AM DEFENDER MODELS
Compatible with Two and Four door 2017 and newer Can-Am Defender Models, the Rockford Fosgate Can-Am Stage 1 System Delivers a Seamless audio solution. TEMPE, Ariz.
ROCKFORD FOSGATE LITERALLY ELEVATES AUDIO FOR POLARIS RANGER WITH THE ALL-NEW, ALL-IN-ONE ROOF SYSTEM
Available for Two- and Four-Seater 2018 and newer Polaris Ranger Models, the Rockford Fosgate Ranger Roof Audio System Delivers Epic Performance and Seamless Installation TEMPE, Ariz. , Sept. 12, 2023...
Patrick Industries, Inc. Declares Quarterly Cash Dividend
ELKHART, Ind. , Aug. 18, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on August 17, 2023, its Board of Directors declared a quarterly cash dividend on its common s...
New Direct Fit Radio for 2014+ Harley-Davidson® Motorcycles by Rockford Fosgate®
The PMX-HD14 radio is purpose built to deliver iconic features and performance TEMPE, Ariz. , July 28, 2023 /PRNewswire/ -- Rockford Fosgate ( www.rockfordfosgate.com), the industry leader in high-pe...
Rockford Fosgate® To Be On-site as the "Official Motorcycle Audio Sponsor" of the 83rd annual Sturgis® Motorcycle Rally™
TEMPE, Ariz. , July 27, 2023 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio, has partnered with the City of Sturgis for the ninth consecutive...
Patrick Industries, Inc. Reports Second Quarter 2023 Financial Results
Second Quarter 2023 Highlights (compared to Second Quarter 2022 unless otherwise noted) Net sales of $921 million decreased 38%, primarily due to a 44% reduction in RV industry wholesale unit shipment...
Patrick Industries, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call Webcast on July 27, 2023
ELKHART, Ind. , July 13, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") today announced that it will release its second quarter and six months 2023 financial results befo...
PATRICK INDUSTRIES, INC. DECLARES QUARTERLY CASH DIVIDEND
ELKHART, Ind. , May 26, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on May 25, 2023, its Board of Directors declared a quarterly cash dividend on its common stock...
PATRICK INDUSTRIES, INC. COMPLETES ACQUISITION OF BTI TRANSPORT
ELKHART, Ind. , May 1, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Leisure Lifestyle and Housing markets, ...
PATRICK INDUSTRIES, INC. REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
First Quarter 2023 Highlights (compared to First Quarter 2022 unless otherwise noted) Net sales of $900 million decreased 33%, as 25% growth in our marine end-market sales partially offset the impact ...
Patrick Industries, Inc. Announces Departure of Chief Financial Officer; Appoints Interim CFO
ELKHART, Ind., April 17, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") today announced that Jake Petkovich, Executive Vice President of Finance, Chief Financial Officer ...
Patrick Industries, Inc. Announces First Quarter 2023 Earnings Release and Conference Call Webcast on April 27, 2023
ELKHART, Ind. , April 13, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") today announced that it will release its first quarter 2023 financial results before the market o...
Rockford Fosgate® Promotes Zach Luke to Vice President of Sales and Marketing
TEMPE, Ariz. , Feb. 24, 2023 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is pleased to announce the promotion of Zach Luke to Vice President of Sales and M...
PATRICK INDUSTRIES, INC. REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2022 FINANCIAL RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND
Fourth Quarter 2022 Highlights (compared to Fourth Quarter 2021 unless otherwise noted) Net sales of $952 million decreased 17%, with increased marine and manufactured housing revenue partially offset...
PATRICK INDUSTRIES, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL WEBCAST ON FEBRUARY 9, 2023
ELKHART, Ind. , Jan. 26, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") today announced it will release its fourth quarter and twelve months 2022 financial results before...