Patria Investments Limited (PAX)

NASDAQ: PAX · IEX Real-Time Price · USD
14.16
+0.13 (0.96%)
Apr 23, 2024, 3:01 PM EDT - Market open
0.96%
Market Cap 2.13B
Revenue (ttm) 307.16M
Net Income (ttm) 117.93M
Shares Out 150.13M
EPS (ttm) 0.80
PE Ratio 17.72
Forward PE 9.12
Dividend $1.08 (7.59%)
Ex-Dividend Date Feb 21, 2024
Volume 168,211
Open 14.03
Previous Close 14.02
Day's Range 13.96 - 14.26
52-Week Range 12.81 - 16.20
Beta 0.62
Analysts Hold
Price Target 16.00 (+13.03%)
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]

Sector Financials
IPO Date Jan 22, 2021
Employees 385
Stock Exchange NASDAQ
Ticker Symbol PAX
Full Company Profile

Financial Performance

In 2022, PAX's revenue was $258.88 million, an increase of 9.92% compared to the previous year's $235.52 million. Earnings were $92.96 million, a decrease of -24.10%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PAX stock is "Hold" and the 12-month stock price forecast is $16.0.

Price Target
$16.0
(13.03% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

12 days ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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-...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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. ...

1 year ago - GlobeNewsWire

Patria Announces Third Quarter 2022 Investor Call

GRAND CAYMAN, Cayman Islands, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2022 on Thursday, November 3, 2022, and...

1 year ago - GlobeNewsWire

Patria Investments Limited Announces New Senior Leadership Hire and Chief Financial Officer Transition

GRAND CAYMAN, Cayman Islands, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, announced today that Ms. Ana Russo will join t...

1 year ago - GlobeNewsWire