Patrick Industries (PATK) to Post Quarterly Earnings on Thursday

Patrick Industries (NASDAQ:PATK) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Patrick Industries to post earnings of $1.30 per share and revenue of $1.0081 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Patrick Industries (NASDAQ:PATK) last announced its quarterly earnings results on Thursday, April 30th. The construction company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.08 by $0.02. Patrick Industries had a net margin of 3.46% and a return on equity of 13.24%. The company had revenue of $997.17 million for the quarter, compared to analyst estimates of $989.06 million. During the same quarter last year, the business earned $1.11 earnings per share. Patrick Industries’s revenue was down .6% compared to the same quarter last year. On average, analysts expect Patrick Industries to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Patrick Industries Trading Up 1.3%

NASDAQ:PATK opened at $86.42 on Thursday. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 22.16 and a beta of 1.11. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.04 and a current ratio of 2.71. The business has a fifty day moving average of $88.07 and a 200-day moving average of $107.15. Patrick Industries has a 1 year low of $81.29 and a 1 year high of $148.50.

Patrick Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, May 26th. Patrick Industries’s dividend payout ratio is 48.21%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Robert W. Baird set a $110.00 price objective on Patrick Industries in a report on Friday, May 1st. Wall Street Zen lowered shares of Patrick Industries from a “buy” rating to a “hold” rating in a research note on Sunday, April 12th. Truist Financial lowered their price target on Patrick Industries from $126.00 to $113.00 and set a “buy” rating on the stock in a research report on Wednesday, July 8th. KeyCorp cut their price target on Patrick Industries from $125.00 to $115.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Weiss Ratings lowered Patrick Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.75.

Insiders Place Their Bets

In other Patrick Industries news, insider Charles R. Roeder purchased 5,750 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of $87.83 per share, with a total value of $505,022.50. Following the transaction, the insider directly owned 42,147 shares of the company’s stock, valued at $3,701,771.01. This represents a 15.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Blake Augsburger acquired 400 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of $85.19 per share, with a total value of $34,076.00. Following the transaction, the director owned 2,125 shares in the company, valued at approximately $181,028.75. This trade represents a 23.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 28,700 shares of company stock valued at $2,532,880 over the last 90 days. 3.80% of the stock is currently owned by company insiders.

Institutional Trading of Patrick Industries

A number of hedge funds have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp raised its position in shares of Patrick Industries by 4.0% during the fourth quarter. Mackenzie Financial Corp now owns 2,078 shares of the construction company’s stock valued at $231,000 after buying an additional 80 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in Patrick Industries by 4.1% during the fourth quarter. CIBC Asset Management Inc now owns 2,256 shares of the construction company’s stock worth $245,000 after buying an additional 88 shares during the period. California State Teachers Retirement System grew its stake in Patrick Industries by 0.5% in the second quarter. California State Teachers Retirement System now owns 29,535 shares of the construction company’s stock valued at $2,725,000 after purchasing an additional 154 shares during the last quarter. MML Investors Services LLC raised its stake in shares of Patrick Industries by 3.5% during the 4th quarter. MML Investors Services LLC now owns 4,854 shares of the construction company’s stock worth $526,000 after acquiring an additional 162 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Patrick Industries by 14.7% during the 2nd quarter. Osaic Holdings Inc. now owns 1,612 shares of the construction company’s stock valued at $146,000 after purchasing an additional 207 shares during the last quarter. Institutional investors and hedge funds own 93.29% of the company’s stock.

Patrick Industries Company Profile

Patrick Industries, Inc is a leading manufacturer and distributor of component products and building materials for the recreational vehicle (RV), manufactured housing, marine and industrial markets. The company supplies a broad array of interior and exterior products, including cabinetry, countertops, flooring, wall panels and decorative trim. Patrick Industries also offers engineered composites, adhesives, sealants and insulation solutions that cater to both original equipment manufacturers (OEMs) and aftermarket customers across North America.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries began as a small distributor of hardwood and millwork products.