Patria Investments Limited (PAX)
Market Cap | 1.96B |
Revenue (ttm) | 327.62M |
Net Income (ttm) | 118.40M |
Shares Out | 150.13M |
EPS (ttm) | 0.80 |
PE Ratio | 16.41 |
Forward PE | 7.97 |
Dividend | $1.02 (7.84%) |
Ex-Dividend Date | May 17, 2024 |
Volume | 197,619 |
Open | 13.06 |
Previous Close | 12.92 |
Day's Range | 12.97 - 13.10 |
52-Week Range | 12.48 - 16.20 |
Beta | 0.65 |
Analysts | Hold |
Price Target | 16.00 (+22.51%) |
Earnings Date | May 2, 2024 |
About 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. [Read more]
Financial Performance
In 2023, PAX's revenue was $327.62 million, an increase of 26.55% compared to the previous year's $258.88 million. Earnings were $118.40 million, an increase of 27.37%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PAX stock is "Hold" and the 12-month stock price forecast is $16.0.
News
Patria Reports First Quarter 2024 Earnings Results
GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2024. The full detailed presentation of Pa...
Patria Investments Completes Acquisition of Private Equity Solutions Business from abrdn and Expands Its Global Private Markets Capabilities
Transaction launches Global Private Markets Solutions as a new investment strategy vertical for Patria adding over $8 billion in Fee Earning Assets Under Management across mid-market Primaries, Second...
Patria Announces First Quarter 2024 Investor Call
GRAND CAYMAN, Cayman Islands, April 10, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, and hos...
Patria Announces Launch of Infrastructure Private Credit Fund Anchored by BNDES, CAF and IFC
New fund will have the capacity to invest R$1 billion at inception, focused on sectors with high social impact, and will be able to raise additional capital from regional banks, institutional investor...
Patria Reports Fourth Quarter & Full Year 2023 Earnings Results
GRAND CAYMAN, Cayman Islands, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the fourth quarter and full year ended December 31, 2023. The full detailed...
Patria Announces Fourth Quarter & Full Year 2023 Investor Call
GRAND CAYMAN, Cayman Islands, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2023 on Thursday, Februa...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Patria Investments Signs Agreement to Acquire Credit Suisse's Real Estate Business in Brazil
Transaction allows Patria to further scale its Real Estate vertical through acquisition of team and funds totaling approximately R$ 12 billion in assets under management, and positions the firm to man...
Patria Reports Third Quarter 2023 Earnings Results
GRAND CAYMAN, Cayman Islands, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2023. The full detailed presentation ...
Patria Investments Announces Agreement to Acquire Private Equity Solutions Business from abrdn to Expand Global Private Markets Capabilities
Team and platform manage $7.8 billion in Fee Earning Assets Under Management across mid-market Primaries, Secondaries and Co-investment strategies; the deal includes total consideration of up to £100 ...
Patria Announces Third Quarter 2023 Investor Call
GRAND CAYMAN, Cayman Islands, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2023 on Tuesday, November 7, 2023, and ...
Consortium Led by Patria Investments Wins Auction for the Concession of Highway System in the South of Brazil
The project foresees total investments of approximately US$ 1.6 billion through civil works and improvements to 473 kilometers of highways that cross the State of Paraná in the South of Brazil The pro...
Patria Reports Second Quarter 2023 Earnings Results
GRAND CAYMAN, Cayman Islands, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2023. The full detailed presentation of P...
Patria Announces Second Quarter 2023 Investor Call
GRAND CAYMAN, Cayman Islands, July 07, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the second quarter 2023 on Thursday, August 3, 2023, and ...
Patria Investments Announces Partnership with Bancolombia to Continue Latin American Expansion
Joint venture with Bancolombia expands Patria's real estate capabilities into Colombia adding $1 billion of AUM, and will leverage a strong distribution platform to offer a full suite of alternative i...
Patria Investments Set to Join Russell 2000® and 3000® Indexes
GRAND CAYMAN, Cayman Islands, May 23, 2023 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, is expected to join the Russell 2000® and broad-...
Patria Reports First Quarter 2023 Earnings Results
GRAND CAYMAN, Cayman Islands, May 04, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2023. The full detailed presentation of Pa...
Patria Announces First Quarter 2023 Investor Call
GRAND CAYMAN, Cayman Islands, April 06, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the first quarter 2023 on Thursday, May 4, 2023, and hos...
Patria Reports Fourth Quarter & Full Year 2022 Earnings Results
GRAND CAYMAN, Cayman Islands, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the fourth quarter and full year ended December 31, 2022. The full detailed...
Patria Announces Fourth Quarter & Full Year 2022 Investor Call
GRAND CAYMAN, Cayman Islands, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2022 on Tuesday, Februar...
Patria Investments Announces Infrastructure Fund III Reaches Performance Fee Realization Threshold
GRAND CAYMAN, Cayman Islands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager confirmed today that Patria Infrastructure Fund ...
Patria Investments Announces Divestment of ODATA and Entrevias from Infrastructure Portfolio
Agreement for full exit of data center service provider ODATA and partial exit of toll road operator Entrevias deliver strong returns to fund investors and drive significant progress in the divestment...
Patria Investments Announces Expansion into Venture Capital
Patria expands its Private Equity vertical by acquiring Igah Ventures, a pioneering venture capital firm in Latin America, to complement its existing flagship and growth equity strategies Patria expan...
Patria Reports Third Quarter 2022 Earnings Results
GRAND CAYMAN, Cayman Islands, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2022. The full detailed presentation ...
Patria to Host Investor Day on December 5, 2022
GRAND CAYMAN, Cayman Islands, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will host its first Investor Day on the afternoon of Monday, December 5, 2022, in New York. ...