After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Furnishings, Fixtures & Appliances industry segment. The current market capitalization of Patrick Industries, Inc is $3.20B. A total of 0.54 million shares were traded on the day, compared to an average of 427.69K shares.
In the most recent transaction, Duthie Joel D sold 718 shares of PATK for 137.11 per share on Dec 09 ’24. After the transaction, the Chief Legal Officer/Secretary now owns 31,459 company shares. In a previous transaction on Dec 09 ’24, Joel D. Duthie bought 718 shares at 137.60 per share.
Among the insiders who sold shares, NEMETH ANDY L disposed of 20,000 shares on Nov 22 ’24 at a per-share price of $135.00. This resulted in the Chief Executive Officer holding 253,119 shares of PATK after the transaction. In another insider transaction, NEMETH ANDY L sold 10,000 shares at $140.64 per share on Nov 25 ’24. Company shares held by the Chief Executive Officer now total 243,119.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Patrick Industries, Inc pays an annual dividend of $2.25, resulting in a dividend yield of 2.36%, and it has a price to earnings (P/E) ratio of 20.54. PATK’s most recent ex-dividend date was 1.7% when it declared a $0.40 quarterly dividend that was paid in cash on 11/25/2024. Previously, the company paid the dividend on 8/26/2024 with an ex-dividend date of 1.75%. The PATK stock dividend was $0.3667 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PATK has a high of $98.90 and a low of $66.10.
As of this writing, PATK has an earnings estimate of $0.53 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $0.67 per share and a lower estimate of $0.46.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PATK’s latest balance sheet shows that the firm has $122.85M in Cash & Short Term Investments as of fiscal 2021. There were $1.45B in debt and $432.78M in liabilities at the time. Its Book Value Per Share was $33.58, while its Total Shareholder’s Equity was $767.56M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PATK is Buy with a score of 4.33.
