Patria Investments Limited (PAX)
| Market Cap | 1.76B |
| Revenue (ttm) | 328.72M |
| Net Income (ttm) | 64.70M |
| Shares Out | 153.38M |
| EPS (ttm) | 0.42 |
| PE Ratio | 27.19 |
| Forward PE | 8.56 |
| Dividend | $0.60 (5.23%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 1,187,429 |
| Open | 11.19 |
| Previous Close | 11.35 |
| Day's Range | 11.14 - 11.63 |
| 52-Week Range | 10.63 - 16.16 |
| Beta | 0.58 |
| Analysts | Strong Buy |
| Price Target | 14.00 (+22.06%) |
| Earnings Date | Feb 13, 2025 |
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, Patria Investments'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 "Strong Buy" and the 12-month stock price forecast is $14.0.
News
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are a...
Patria Investments: Don't Miss Out Here
We deem Patria Investments Limited a "buy-the-dip" opportunity on the basis of resilient AUM growth, a well-balanced fund structure, margin expansion potential, and telling valuation metrics. The comp...
Patria Investments: I'm Loving This 'Dirt Cheap' Latin American Version Of Blackstone
Blackstone has been an exceptional investment, returning 880% since 2014, but its shares are now extremely rich, prompting consideration of trimming the position. Patria Investments offers similar gro...
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Patria Investments has heavily underperformed global peers in the private capital industry, dropping -20.25% YTD. Q3 demonstrated strong organic fundraising of $2 billion, with most coming from their ...
Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
Patria Investments Limited (NASDAQ:PAX) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Rob Lee - Head, Shareholder Relations Alex Saigh - Chief Executive Officer An...
Patria Reports Third Quarter 2024 Earnings Results
GRAND CAYMAN, Cayman Islands, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2024. The full detailed presentation ...
A Rare Buying Opportunity: Big Market Disconnect In Alternative Asset Managers
There's a huge market disconnect going on in one of the hottest sectors right now. We discuss why one stock in that sector has massively lagged behind the other high fliers. We also discuss why we thi...
Patria Investments: The Alternatives King Of Latin America
Alternative investment firms like Blackstone, Brookfield, Apollo, and KKR excel by managing third-party funds, creating billionaire founders. Patria Investments is emerging as a leader in South Americ...
Patria Announces Third Quarter 2024 Investor Call
GRAND CAYMAN, Cayman Islands, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, and ...
Patria Investments: A Steal At All-Time Lows
Patria Investments: A Steal At All-Time Lows
The More It Drops, The More I Buy
A sector of the market has pulled back meaningfully over the past three months. However, it offers very attractive dividends and has a very bullish long-term outlook, backed by numerous macro trends. ...
Why I Sold Patria Investments Following The Q2 Earnings
Patria Investments' management changed the established capital allocation policy without prior notice. This new policy doesn't focus much on dividends. Due to a rapid reallocation of capital and a lac...
Patria: A Heavily Discounted Growth Stock With A Dividend
Patria is a global alternative asset manager with $40.3 billion in assets under management and a focus on Latin America. AUM growth in the last 12 months was over 40%. Despite a drop in net income and...
My Favorite Dividend Stock: Patria Investments
Patria is replicating Blackstone's business model, but it's far cheaper. It has recently also become the largest REIT asset manager in Brazil. High yield, high growth, and significant upside. What's n...
Patria Investments Limited (PAX) Q2 2024 Earnings Call Transcript
Patria Investments Limited (NASDAQ:PAX) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Rob Lee - Head of Shareholder Relations Alex Saigh - Chief Executive Officer An...
Patria Reports Second Quarter 2024 Earnings Results
GRAND CAYMAN, Cayman Islands, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2024. The full detailed presentation of ...
Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their ...
Patria Investments Completes Acquisition of Nexus Capital, Further Expanding its Real Estate Platform in Colombia
Transaction advances Patria's efforts to consolidate the region's fragmented Real Estate market by adding a diversified and well-established platform in Colombia with over COP 3,000 billion (or approx...
Patria Announces Second Quarter 2024 Investor Call
GRAND CAYMAN, Cayman Islands, July 15, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the second quarter 2024 on Thursday, August 1, 2024, and ...
High-Growth High-Yields: The More They Drop, The More I Buy
Every now and then the market offers up some fat pitches. Recently, the market has produced several opportunities that offer the rare combination of high yield and high growth, alongside having a stro...
Patria Signs Agreement to Acquire Nexus Capital, Further Expanding its Real Estate Platform in Colombia
Transaction advances Patria's efforts to consolidate the region's fragmented Real Estate market by adding a diversified and well-established platform in Colombia with approximately US$ 800 million in ...
Patria Investments: Stock Multiples At Historic Lows, Potential 7.87% Yield
Patria has conducted a series of acquisitions that has more than doubled its AUM over the last three years at $32 billion. Weak stock price performance has resulted in a -16% YTD stock decline, bringi...
