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PATK Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
95.860
Open
95.733
VWAP
94.43
Vol
116.12K
Mkt Cap
3.04B
Low
93.590
Amount
10.96M
EV/EBITDA(TTM)
9.73
Total Shares
32.89M
EV
4.34B
EV/OCF(TTM)
15.75
P/S(TTM)
0.81
Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its segments include Manufacturing and Distribution. The Manufacturing includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, soundbars, and subwoofers; decorative vinyl and paper laminated panels; solid surface, granite, and quartz countertop fabrication; RV painting; softwoods lumber; custom cabinetry; polymer-based and other flooring, and electrical systems. The Distribution segment distributes pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical, and plumbing products.
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Events Timeline

(ET)
2026-05-04
08:10:00
LCI Industries and Patrick Industries Terminate Merger Discussions
select
2026-05-04
08:10:00
Patrick Industries and LCI Terminate Merger Discussions
select
2026-04-30 (ET)
2026-04-30
08:10:00
Company Reports Q1 Revenue of $997M
select

News

PRnewswire
1.0
05-26PRnewswire
Patrick Industries to Participate in Global Conference
  • Conference Participation: Patrick Industries will participate in the Baird 2026 Global Consumer, Technology & Services Conference in New York from June 2-4, 2026, where the management team will engage in a fireside chat and hold one-on-one meetings with institutional investors and analysts, aiming to enhance investor interaction and transparency.
  • Market Positioning: As a leading component solutions provider for the Outdoor Enthusiast and Housing markets, Patrick has been serving original equipment manufacturers and aftermarket customers in the RV, Marine, Powersports, and Housing sectors since 1959, showcasing its strong influence in the industry.
  • Brand Strength: The company is home to over 85 leading brands, committed to quality, customer service, and innovation, creating a comprehensive solutions model that further solidifies its position as a trusted partner in the market.
  • Employee Scale: Patrick Industries employs more than 10,000 skilled team members across the United States, reflecting its scale and capability in the industry, which supports its ongoing market competitiveness and business growth.
Fool
6.5
05-16Fool
Anchor Capital Fully Exits Patrick Industries Position
  • Complete Liquidation: Anchor Capital fully exited its position in Patrick Industries by selling 116,967 shares in Q1, with an estimated transaction value of $14.46 million, reflecting a significant loss of confidence as the stock's allocation in the fund dropped from 11.3% to zero.
  • Market Value Decline: The position's value decreased by $12.68 million due to trading activity and market fluctuations, indicating a weakening market sentiment towards the company, which could impact investor confidence.
  • Financial Performance: Patrick Industries reported a slight revenue decline to $997 million in Q1, although marine and powersports revenues increased by 14% and 28% respectively, the overall demand weakness still pressured performance.
  • Shareholder Returns: The company repurchased approximately $15 million of stock during the quarter and another $15 million in April, demonstrating management's commitment to shareholder returns despite facing macroeconomic pressures.
seekingalpha
8.0
05-15seekingalpha
Patrick Industries Declares Quarterly Dividend of $0.47 per Share
  • Quarterly Dividend Announcement: Patrick Industries declares a quarterly dividend of $0.47 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
  • Yield Information: The forward yield of 2.0% reflects the company's appeal in the current market environment, helping to enhance shareholder returns and bolster market confidence.
  • Payment Schedule: The dividend will be payable on June 8, with a record date of May 26 and an ex-dividend date also on May 26, ensuring shareholders receive their earnings promptly and further solidifying shareholder relations.
  • Future Cash Flow Outlook: Patrick projects operating cash flow for 2026 to be between $370 million and $390 million, demonstrating strong financial performance while evaluating merger talks with LCI, indicating strategic growth potential.
PRnewswire
8.0
05-15PRnewswire
Patrick Industries Declares Quarterly Cash Dividend
  • Quarterly Cash Dividend: Patrick Industries announced a cash dividend of $0.47 per share on May 14, 2026, payable on June 8, 2026, to shareholders of record as of May 26, 2026, demonstrating the company's ongoing commitment to shareholder returns.
  • Shareholder Return Strategy: This dividend reflects the company's robust financial health and profitability, aimed at enhancing investor confidence and attracting more long-term investors, thereby supporting sustained growth and market competitiveness.
  • Company Background: Founded in 1959, Patrick Industries has become a leading component solutions provider in the RV, marine, powersports, and housing markets, boasting over 85 brands committed to quality, customer service, and innovation.
  • Employee Scale and Market Positioning: Headquartered in Elkhart, Indiana, the company employs over 10,000 skilled team members, establishing Patrick as a trusted partner in the industry through its comprehensive solutions model.
Newsfilter
8.0
05-15Newsfilter
Patrick Industries Declares Quarterly Cash Dividend
  • Quarterly Cash Dividend: Patrick Industries announced a cash dividend of $0.47 per share on May 14, 2026, payable on June 8, 2026, demonstrating the company's ongoing profitability and commitment to shareholder returns.
  • Record Date for Shareholders: The record date for this dividend is set for May 26, 2026, ensuring that shareholders holding stock before this date will receive the dividend, reflecting the company's focus on shareholder rights.
  • Company Background: Established in 1959, Patrick Industries has become a leading component solutions provider in the RV, marine, powersports, and housing markets, with over 85 brands committed to quality and customer service, enhancing its competitive position in the market.
  • Employee Scale: Headquartered in Elkhart, Indiana, the company employs over 10,000 skilled team members, indicating its significant presence in the industry and investment in human resources to support business growth and innovation capabilities.
PRnewswire
1.0
05-12PRnewswire
Patrick Industries to Attend Upcoming Investor Conferences
  • Investor Meeting Schedule: Patrick Industries will participate in two upcoming one-on-one meetings with investors and analysts in May, aimed at enhancing communication and trust with investors, thereby increasing market attention towards the company.
  • Company Background: As a leading component solutions provider for the outdoor enthusiast and housing markets, Patrick has been committed to delivering high-quality products to manufacturers and outdoor enthusiasts since 1959, boasting over 85 well-known brands that showcase its strong market competitiveness.
  • Employee Scale and Distribution: Patrick employs more than 10,000 skilled team members across the United States, reflecting the company's strength and influence in the industry while providing the necessary human resources for ongoing innovation and customer service.
  • Forward-Looking Statements: The company's press release includes forward-looking projections regarding future performance, emphasizing confidence in future developments while cautioning investors about potential risks to ensure reasonable expectations regarding the company's future performance.
Wall Street analysts forecast PATK stock price to rise
6 Analyst Rating
Wall Street analysts forecast PATK stock price to rise
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
99.00
Averages
115.00
High
126.00
Current: 0.000
sliders
Low
99.00
Averages
115.00
High
126.00
Roth Capital
Buy
downgrade
$140 -> $128
AI Analysis
2026-05-05
Reason
Roth Capital
Price Target
$140 -> $128
AI Analysis
2026-05-05
downgrade
Buy
Reason
Roth Capital lowered the firm's price target on Patrick Industries to $128 from $140 and keeps a Buy rating on the shares. While Patrick continued its streak of meeting quarterly forecasts, incremental weakness in RV retail, magnified by the war with Iran, has the selling season off to a slower start and tighter order patterns from dealers/OEMs, the analyst tells investors in a research note.
BofA
Underperform
downgrade
$95 -> $90
2026-05-04
Reason
BofA
Price Target
$95 -> $90
2026-05-04
downgrade
Underperform
Reason
BofA lowered the firm's price target on Patrick Industries to $90 from $95 and keeps an Underperform rating on the shares. The firm is updating estimates following Q1 results, noting that its new 2026 forecasts are based on both modest revenue growth and margin expansion.
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Valuation Metrics

The current forward P/E ratio for Patrick Industries Inc (PATK.O) is 19.34, compared to its 5-year average forward P/E of 13.00. For a more detailed relative valuation and DCF analysis to assess Patrick Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
13.00
Current PE
19.34
Overvalued PE
18.46
Undervalued PE
7.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.87
Current EV/EBITDA
7.12
Overvalued EV/EBITDA
9.84
Undervalued EV/EBITDA
5.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.58
Current PS
0.70
Overvalued PS
0.79
Undervalued PS
0.37

Financials

AI Analysis
Annual
Quarterly

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Whales Holding PATK

T
Tontine Management, LLC
Holding
PATK
+33.02%
3M Return
S
Silvercrest Asset Management Group LLC
Holding
PATK
+9.97%
3M Return
P
Peregrine Capital Management, LLC
Holding
PATK
+7.43%
3M Return
K
Kennedy Capital Management LLC
Holding
PATK
+3.71%
3M Return
B
Brock Milton Capital AB (publ)
Holding
PATK
+2.42%
3M Return
C
Copeland Capital Management, LLC
Holding
PATK
+2.01%
3M Return

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Frequently Asked Questions

What is Patrick Industries Inc (PATK) stock price today?

The current price of PATK is 93.83 USD — it has increased 1.64

What is Patrick Industries Inc (PATK)'s business?

Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its segments include Manufacturing and Distribution. The Manufacturing includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, soundbars, and subwoofers; decorative vinyl and paper laminated panels; solid surface, granite, and quartz countertop fabrication; RV painting; softwoods lumber; custom cabinetry; polymer-based and other flooring, and electrical systems. The Distribution segment distributes pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical, and plumbing products.

What is the price predicton of PATK Stock?

Wall Street analysts forecast PATK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PATK is115.00 USD with a low forecast of 99.00 USD and a high forecast of 126.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Patrick Industries Inc (PATK)'s revenue for the last quarter?

Patrick Industries Inc revenue for the last quarter amounts to 997.17M USD, decreased -0.62

What is Patrick Industries Inc (PATK)'s earnings per share (EPS) for the last quarter?

Patrick Industries Inc. EPS for the last quarter amounts to 1.10 USD, decreased -0.90

How many employees does Patrick Industries Inc (PATK). have?

Patrick Industries Inc (PATK) has 10000 emplpoyees as of May 28 2026.

What is Patrick Industries Inc (PATK) market cap?

Today PATK has the market capitalization of 3.04B USD.