Patria Investments Limited (PAX)

NASDAQ: PAX · Real-Time Price · USD
11.65
+0.55 (4.96%)
Jan 17, 2025, 4:00 PM EST - Market closed
4.96%
Market Cap 1.79B
Revenue (ttm) 328.72M
Net Income (ttm) 64.70M
Shares Out 153.59M
EPS (ttm) 0.42
PE Ratio 27.62
Forward PE 8.61
Dividend $0.60 (5.15%)
Ex-Dividend Date Nov 18, 2024
Volume 506,232
Open 11.25
Previous Close 11.10
Day's Range 11.17 - 11.73
52-Week Range 10.63 - 16.16
Beta 0.58
Analysts Strong Buy
Price Target 14.00 (+20.17%)
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]

Sector Financials
IPO Date Jan 22, 2021
Employees 430
Stock Exchange NASDAQ
Ticker Symbol PAX
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for PAX stock is "Strong Buy" and the 12-month stock price forecast is $14.0.

Price Target
$14.0
(20.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

My Biggest Investment For 2025: Patria Investments

Alternative asset managers have been very rewarding over the long run. Patria Investments is our Top Pick in this sector. It has the potential to deliver 20%+ annual returns going forward. Here's why.

3 days ago - Seeking Alpha

Patria Announces Fourth Quarter & Full Year 2024 Investor Call

GRAND CAYMAN, Cayman Islands, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2024 on Wednesday, Febru...

3 days ago - GlobeNewsWire

One Popular Dividend Stock To Sell And One Strong Buy

The recent market rally has been very uneven. Some stocks surged, while others were left behind. There are great opportunities among dividend stocks. I highlight one of my largest holdings going into ...

Other symbols: BX
10 days ago - Seeking Alpha

My Biggest Dividend Stock Investments For 2025

I don't invest only in REITs. Diversification is the only free lunch. I discuss two of my largest non-REIT dividend investments.

16 days ago - Seeking Alpha

Buy The Dip 2: Dividend Stocks Getting Way Too Cheap

Dividend stocks just suffered a dip. We view this as a Christmas gift. I explain why and highlight 2 of our Top Picks to buy today.

Other symbols: OWL
17 days ago - Seeking Alpha

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...

Other symbols: BAMBNBXETOWLPAAPAGP
4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - GlobeNewsWire

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...

Other symbols: APOARESBAMBXCGKKROWL
2 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - GlobeNewsWire

Patria Investments: A Steal At All-Time Lows

Patria Investments: A Steal At All-Time Lows

4 months ago - Seeking Alpha

Billionaire Investors Are Buying Alternatives Hand-Over-Fist

Prominent billionaire investors are investing heavily in alternatives. We discuss why this is. We share some of our top picks of the moment.

Other symbols: BAMBXCGKKROWL
5 months ago - Seeking Alpha

My Top Picks Are Underperforming! What Am I Doing?

The market has been very volatile in recent weeks. Some of my top picks have dropped quite a bit as a result. I give updates on two of my largest investments right now.

Other symbols: AREBNBXCGCPTKKRMAA
5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

6 months ago - GlobeNewsWire

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire