What is KeyCorp’s Forecast for PATK FY2025 Earnings?

Patrick Industries, Inc. (NASDAQ:PATK) – Research analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for Patrick Industries in a report issued on Thursday, January 15th. KeyCorp analyst N. Zatzkin anticipates that the construction company will post earnings of $4.33 per share for the year. KeyCorp has a “Overweight” rating and a $135.00 price objective on the stock. The consensus estimate for Patrick Industries’ current full-year earnings is $5.33 per share. KeyCorp also issued estimates for Patrick Industries’ Q4 2025 earnings at $0.76 EPS, Q1 2026 earnings at $1.29 EPS, Q2 2026 earnings at $1.87 EPS, Q3 2026 earnings at $1.32 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $5.51 EPS.

Patrick Industries (NASDAQ:PATK) last posted its quarterly earnings data on Thursday, October 30th. The construction company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.06. Patrick Industries had a net margin of 3.11% and a return on equity of 12.44%. The business had revenue of $975.63 million for the quarter, compared to analyst estimates of $900.35 million. During the same quarter last year, the business earned $1.80 earnings per share. The business’s revenue for the quarter was up 6.1% on a year-over-year basis.

PATK has been the subject of a number of other research reports. Benchmark reiterated a “buy” rating and issued a $140.00 price target (up previously from $115.00) on shares of Patrick Industries in a research report on Friday. Truist Financial set a $126.00 target price on shares of Patrick Industries in a report on Friday, January 9th. Roth Capital set a $115.00 price target on shares of Patrick Industries and gave the company a “buy” rating in a report on Friday, October 31st. Weiss Ratings downgraded shares of Patrick Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Loop Capital began coverage on shares of Patrick Industries in a research report on Friday, October 31st. They set a “hold” rating and a $99.00 price objective on the stock. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $114.33.

Patrick Industries Trading Down 0.4%

Patrick Industries stock opened at $127.67 on Monday. The firm’s 50 day moving average price is $110.94 and its two-hundred day moving average price is $106.61. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 36.48, a price-to-earnings-growth ratio of 1.34 and a beta of 1.34. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.86 and a current ratio of 2.34. Patrick Industries has a 1 year low of $72.99 and a 1 year high of $128.81.

Patrick Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. This is a positive change from Patrick Industries’s previous quarterly dividend of $0.40. Patrick Industries’s dividend payout ratio (DPR) is presently 53.71%.

Insider Activity at Patrick Industries

In other news, CEO Andy L. Nemeth sold 25,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $115.00, for a total transaction of $2,875,000.00. Following the transaction, the chief executive officer owned 301,641 shares in the company, valued at approximately $34,688,715. This trade represents a 7.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC acquired a new stake in shares of Patrick Industries during the 3rd quarter worth approximately $25,000. Advisory Services Network LLC acquired a new stake in Patrick Industries during the third quarter worth $25,000. Cornerstone Planning Group LLC acquired a new stake in Patrick Industries during the third quarter worth $31,000. Strs Ohio bought a new stake in Patrick Industries in the 1st quarter valued at $42,000. Finally, Parkside Financial Bank & Trust raised its stake in shares of Patrick Industries by 87.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 478 shares of the construction company’s stock valued at $49,000 after buying an additional 223 shares in 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.