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Patrick Industries ( (PATK) ) has provided an announcement.
On November 19, 2025, Patrick Industries‘ Board of Directors approved an increase in the quarterly cash dividend on its common stock from $0.40 to $0.47 per share, payable on December 15, 2025, to shareholders of record as of December 1, 2025. This decision reflects the company’s confidence in its business model and market durability, as well as its commitment to a balanced capital allocation strategy that supports strategic growth initiatives.
The most recent analyst rating on (PATK) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.
Spark’s Take on PATK Stock
According to Spark, TipRanks’ AI Analyst, PATK is a Neutral.
Patrick Industries shows stable financial performance with improved leverage but faces challenges in profitability and cash flow management. The technical indicators suggest mixed momentum, and the stock appears overvalued with a modest dividend yield. The earnings call provided optimism for future growth, particularly in the Marine and Powersports segments, but highlighted declining margins and net income as concerns. Overall, the stock presents a balanced risk-reward profile with potential for growth in specific segments.
To see Spark’s full report on PATK stock, click here.
More about Patrick Industries
Patrick Industries, Inc. is a leading component solutions provider serving the RV, Marine, Powersports, and Housing markets. Since 1959, the company has been empowering manufacturers and outdoor enthusiasts with a customer-focused approach that integrates design, manufacturing, distribution, and transportation. Headquartered in Elkhart, IN, Patrick Industries employs approximately 10,000 skilled team members across the United States and is home to more than 85 leading brands.
Average Trading Volume: 257,824
Technical Sentiment Signal: Buy
Current Market Cap: $3.28B
Find detailed analytics on PATK stock on TipRanks’ Stock Analysis page.