← Markets

Patrick Industries, Inc.

PATK · NASDAQ

Market closed$88.09$-0.160000 (-0.18%)After hours $88.09 · 0.00%

Key statistics

Previous close$88.25
Open$87.37
Day high$90.61
Day low$87.28
52-week high$148.50
52-week low$81.29
Market cap2.90B
Volume654.26K
Average volume657.34K
P/E ratio19.80
Forward P/E—
EPS4.45
Dividend yield+2.05%

Market context

Why it moved

PATK edged slightly lower amid a broad market selloff driven by escalating U.S.-Iran tensions pushing oil prices sharply higher, renewed fears over AI spending sustainability, and rising Treasury yields that weighed on equities broadly.

FacebookMarketbeatFangraphsNetweatherPapertradingjournal

What is happening

Recent company-specific developments and publisher coverage.

July 16, 2026Patrick Industries surged during regular trading on news of its proposed merger with LCI Industries, though shares are plunging roughly 9% in after-hours trading as investor rights law firms — including Halper Sadeh LLC and Monteverde & Associates — have launched legal inquiries into whether the deal is fair to shareholders. Under the merger terms, Patrick shareholders would own approximately 52% of the combined company. The after-hours selloff comes despite the regular-session rally, as the legal scrutiny raises deal uncertainty, while the stock had already been under pressure near 52-week lows ahead of its Q2 2026 earnings release scheduled for July 30.

4.3144

July 15, 2026Patrick Industries edged up modestly after touching a fresh 52-week low of $82.25 earlier in the session, as the stock remains under significant pressure — down nearly 30% over the past six months and trading 44% below its 52-week high of $148.50. Investor sentiment has been weighed down by a softened fiscal 2026 outlook tied to weakening RV and manufactured housing demand, with Baird cutting its 2026 RV shipment forecast to 310,000 units amid affordability constraints. Adding to the overhang, law firm Halper Sadeh announced an investigation into whether PATK shareholders are receiving a fair deal, raising further uncertainty for investors already navigating a challenging consumer cyclical backdrop.

0.3797

July 14, 2026Patrick Industries edged higher in Tuesday's session, recovering from an intraday 52-week low of $82.25, as a cooler-than-expected June CPI report helped lift sentiment across consumer cyclicals. The stock remains under pressure amid a broader rotation out of rate-sensitive sectors, with the consumer cyclicals ETF (XLY) also slipping in after-hours, reflecting ongoing concerns about inflation, rising oil prices from renewed US-Iran tensions, and the potential for Fed rate hikes that could weigh on housing and RV-related demand — key end markets for Patrick Industries.

1.0188

July 14, 2026Patrick Industries edged higher despite broader market weakness, with shares hovering just above their 52-week low as investors digest the company's proposed $5.5 billion all-stock merger with LCI Industries. The deal, which would combine two major RV and manufactured housing components suppliers, has drawn shareholder class action scrutiny over whether the exchange terms fairly reflect LCI's standalone value. Macro headwinds from renewed U.S.-Iran tensions—sending oil prices surging and weighing on consumer cyclicals broadly—add to investor caution around the consumer discretionary sector heading into Q2 earnings season.

0.8827

July 10, 2026Patrick Industries closed modestly lower, brushing near its 52-week low, as investor sentiment remains cautious following Truist's price target cut to $113 from $126—despite maintaining a Buy rating—citing weaker North American RV retail demand and integration risks tied to the company's transformative all-stock merger with LCI Industries announced June 30. The $2.9B deal, which would create a combined platform with ~$8.1B in annual revenue, is also drawing shareholder scrutiny from law firm Halper Sadeh, adding an overhang as soft RV demand, elevated inventories, and a heavier post-merger debt load weigh on near-term sentiment.

-1.1593

July 9, 2026Patrick Industries edged higher, hovering near its 52-week low amid a complex backdrop dominated by its pending all-stock merger with LCI Industries — a $2.9B transformative deal that would create a combined entity with ~$8.1B in annual revenue serving RV, marine, and housing markets. Truist trimmed its price target to $113 from $126 while maintaining a Buy rating, and shareholder law firms have launched merger investigations into both PATK and LCII over fiduciary duty concerns. Management presented at the CJS Securities investor conference today, seeking to build institutional confidence as macro headwinds — including rising oil prices, elevated Treasury yields, and US-Iran geopolitical tensions — continue to weigh on consumer cyclical and housing-related names.

0.7102

July 8, 2026Patrick Industries tumbled sharply, closing near its 52-week low, as multiple headwinds converged. Truist cut its price target from $126 to $113 (while maintaining a Buy rating), citing weaker-than-expected North American RV retail demand, faster-than-anticipated declines in wholesale shipments, and integration uncertainty surrounding the company's all-stock merger with LCI Industries announced June 30. The broader market added pressure as geopolitical risk flared after President Trump declared the Iran ceasefire 'over,' sending oil prices surging over 5% and triggering a broad risk-off session — though Patrick's decline significantly outpaced the Consumer Discretionary sector (XLY), which closed modestly lower.

-5.3004

July 7, 2026Patrick Industries gained over 2% as investors reassessed the company's pending all-stock merger with LCI Industries following a significant sell-off last week. The deal, which would see LCI shareholders receive 1.2440 shares of PATK per share, initially weighed on the stock around its June 30 announcement, but sentiment appears to be stabilizing ahead of management's planned fireside chat and investor meetings at the CJS Securities 26th Annual 'New Ideas' Summer Conference on July 9. A shareholder investigation into LCI's board conduct and deal fairness remains an overhang, though above-average volume suggests renewed institutional interest.

2.0889

TradingView · July 16, 2026Patrick Industries, Inc. Announces Second Quarter 2026 Earnings Release and Conference Call Webcast on July 30, 2026scanx.trade · July 16, 2026Patrick Industries to announce Q2FY26 results on July 30Stock Titan · July 6, 2026Patrick Industries to meet investors at CJS conference in White PlainsPR Newswire · July 6, 2026Patrick Industries, Inc. to Participate in Upcoming CJS ConferenceRVBusiness · July 1, 2026Potential Patrick & Lippert Merger is Huge News for RV IndustryTrade Only Today · June 30, 2026Patrick Industries and LCI Industries to MergeWSBT · June 30, 2026Patrick Industries and Lippert reach final merger dealPR Newswire · May 4, 2026Patrick Industries and LCI Industries Terminate Discussions Regarding Potential Merger of Equals
Benzinga · July 8, 2026Truist Securities Maintains Buy on Patrick Industries, Lowers Price Target to $113
Mt Newswire · July 8, 2026Truist Cuts Price Target on Patrick Industries to $113 From $126, Keeps Buy Rating
Mt Newswire · June 30, 2026Sector Update: Consumer Stocks Mixed Late Afternoon
Mt Newswire · June 30, 2026Sector Update: Consumer Stocks Mixed in Afternoon Trading
Mt Newswire · June 30, 2026Sector Update: Consumer
Mt Newswire · June 30, 2026Top Midday Stories: Air Products Ends Louisiana Clean Energy Project; Patrick Industries, LCI to Merge in All-Stock Deal
Mt Newswire · June 30, 2026Wall Street Set to Open Marginally Lower in Tuesday Trading; Investors Continue to Monitor Middle East Conflict, Await Key Labor Data
Mt Newswire · June 30, 2026Exchange-Traded Funds Mixed, Equity Futures Lower Pre-Bell Ahead of Key Economic Reports

Peers

S&P 500SPX · $7,457.69-1.01%UFP Industries, Inc.UFPI · $85.93-3.40%LCI IndustriesLCII · $108.17-0.29%Thor Industries, Inc.THO · $76.27-1.50%Brunswick CorporationBC · $80.45-1.85%Boise Cascade CompanyBCC · $77.19-3.68%Winnebago Industries, Inc.WGO · $30.70-1.95%Champion Homes, Inc.SKY · $82.70-3.86%Cavco Industries, Inc.CVCO · $566.22-3.29%Malibu Boats, Inc.MBUU · $28.17-2.63%Polaris Inc.PII · $73.20-0.79%Masco CorporationMAS · $78.65-1.86%