NYSE:PAX

Patria Investments (PAX) Stock Price, News & Analysis

$13.03
-0.12 (-0.91%)
(As of 05/17/2024 08:54 PM ET)
Today's Range
$12.99
$13.12
50-Day Range
$12.71
$14.87
52-Week Range
$12.48
$16.20
Volume
385,800 shs
Average Volume
309,868 shs
Market Capitalization
$720.68 million
P/E Ratio
16.71
Dividend Yield
5.37%
Price Target
$17.00

Patria Investments MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
30.5% Upside
$17.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
17.27%
From $1.39 to $1.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.28 out of 5 stars

Finance Sector

223rd out of 863 stocks

Investment Advice Industry

17th out of 46 stocks

PAX stock logo

About Patria Investments Stock (NYSE:PAX)

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.

PAX Stock Price History

PAX Stock News Headlines

Q1 2024 Patria Investments Ltd Earnings Call
Patria Investment earnings: here's what Wall Street expects
Patria Investments: Go Local In LatAm
Patria Announces First Quarter 2024 Investor Call
Patria Announces First Quarter 2024 Investor Call
Patria: High-Yield, High-Growth, Strong Track Record
PAX Mar 2024 17.500 call
Patria Investments (PAX) Receives a Buy from KBW
Patria Investments declares $0.399 dividend
Here's what Wall Street expects from Patria Investment's earnings report
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/8 Dividend
2/21/2024
Dividend Payable
3/08/2024
Ex-Dividend for 6/10 Dividend
5/17/2024
Today
5/19/2024
Dividend Payable
6/10/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
385
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$17.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+30.5%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$118.40 million
Pretax Margin
36.02%

Debt

Sales & Book Value

Annual Sales
$327.62 million
Cash Flow
$3.89 per share
Book Value
$9.43 per share

Miscellaneous

Free Float
23,174,000
Market Cap
$720.68 million
Optionable
Optionable
Beta
0.64
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Key Executives

  • Mr. Olímpio Matarazzo Neto (Age 64)
    Senior Managing Partner & Chairman
  • Mr. Alexandre Teixeira de Assumpcao Saigh (Age 56)
    CEO, Senior Managing Partner & Director
  • Ms. Ana Cristina Russo (Age 56)
    MD & CFO
  • Mr. Alexandre Coutinho
    Chief Investment Officer & Senior Portfolio Manager
  • Mr. Paulo Eduardo de Freitas Cirulli (Age 42)
    Chief Compliance Officer
  • Mr. Pedro Rufino Carvalho da Silva (Age 42)
    Global General Counsel
  • Mr. Marco Nicola D'Ippolito (Age 47)
    Managing Partner & Chief Corporate Development Officer
  • Mr. Jose Augusto Goncalves de Araujo Teixeira (Age 45)
    Partner and Head of Marketing & Products
  • Ms. Ana Paula Alves dos Santos (Age 55)
    Partner & Head of Human Resources
  • Mr. Andre Mauricio de Camargo Penalva (Age 51)
    Managing Partner and Head of Sales & Distribution - Latin America

PAX Stock Analysis - Frequently Asked Questions

What is Patria Investments' stock price target for 2024?

0 Wall Street analysts have issued 12-month price objectives for Patria Investments' shares. Their PAX share price targets range from $17.00 to $17.00. On average, they anticipate the company's stock price to reach $17.00 in the next year. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for PAX
or view top-rated stocks among Wall Street analysts.

How have PAX shares performed in 2024?

Patria Investments' stock was trading at $15.51 at the beginning of 2024. Since then, PAX stock has decreased by 16.0% and is now trading at $13.03.
View the best growth stocks for 2024 here
.

When is Patria Investments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PAX earnings forecast
.

How were Patria Investments' earnings last quarter?

Patria Investments Limited (NYSE:PAX) issued its quarterly earnings results on Thursday, February, 15th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.13. The firm earned $111.70 million during the quarter, compared to the consensus estimate of $83.41 million. Patria Investments had a trailing twelve-month return on equity of 35.95% and a net margin of 36.70%. During the same period in the previous year, the company posted $0.36 EPS.

How often does Patria Investments pay dividends? What is the dividend yield for Patria Investments?

Patria Investments announced a quarterly dividend on Friday, April 26th. Investors of record on Monday, May 20th will be paid a dividend of $0.175 per share on Monday, June 10th. This represents a $0.70 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend is Friday, May 17th.
Read our dividend analysis for PAX
.

Is Patria Investments a good dividend stock?

Patria Investments (NYSE:PAX) pays an annual dividend of $0.70 per share and currently has a dividend yield of 12.14%. PAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PAX will have a dividend payout ratio of 42.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PAX.

What ETFs hold Patria Investments' stock?

ETFs with the largest weight of Patria Investments (NYSE:PAX) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).Invesco Global Listed Private Equity ETF (PSP).

When did Patria Investments IPO?

Patria Investments (PAX) raised $400 million in an IPO on Friday, January 22nd 2021. The company issued 26,700,000 shares at $14.00-$16.00 per share. J.P. Morgan, BofA Securities, Credit Suisse and Goldman Sachs acted as the underwriters for the IPO and Bradesco BBI, BTG Pactual, Itaú BBA, Keefe, Bruyette & Woods (A Stifel Company), mSantander and ,XP Investments were co-managers.

Who are Patria Investments' major shareholders?

Patria Investments' stock is owned by many different retail and institutional investors. Top institutional investors include Grandeur Peak Global Advisors LLC (6.79%), Capital International Investors (5.23%), Janus Henderson Group PLC (2.64%), Capital International Inc. CA (1.71%), Vanguard Group Inc. (0.76%) and Mondrian Investment Partners LTD (0.29%).

How do I buy shares of Patria Investments?

Shares of PAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PAX) was last updated on 5/20/2024 by MarketBeat.com Staff

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