Patria Investments (PAX) Stock Price, News & Analysis

0 Wall Street research analysts have issued twelve-month target prices for Patria Investments' shares. Their PAX share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for PAX or view top-rated stocks among Wall Street analysts.

Patria Investments' stock was trading at $15.51 at the beginning of the year. Since then, PAX shares have decreased by 11.3% and is now trading at $13.75.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PAX earnings forecast.

Patria Investments will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Patria Investments Limited (NYSE:PAX) posted its earnings results on Thursday, February, 15th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.13. The firm had revenue of $111.70 million for the quarter, compared to analyst estimates of $83.41 million. Patria Investments had a trailing twelve-month return on equity of 38.20% and a net margin of 36.81%. During the same period in the previous year, the business earned $0.36 EPS.

Patria Investments announced a quarterly dividend on Tuesday, February 6th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.399 per share on Friday, March 8th. This represents a $1.60 dividend on an annualized basis and a yield of 11.61%. The ex-dividend date is Wednesday, February 21st.
Read our dividend analysis for PAX.

Patria Investments (NYSE:PAX) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.85%. PAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 197.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PAX will have a dividend payout ratio of 93.57% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PAX.

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).

Patria Investments (PAX) raised $400 million in an initial public offering (IPO) on Friday, January 22nd 2021. The company issued 26,700,000 shares at a price of $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.

Patria Investments' stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.00%) and AdvisorNet Financial Inc (0.00%).

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.
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