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Patriot Transportation Holding, Inc. (PATI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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7.79-0.13 (-1.64%)
At close: 04:00PM EDT

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  • J
    J.D.
    Looming freight train strike. Opportunity?
  • J
    J.D.
    Q3 earnings results to be announced on August 3.
  • J
    J.D.
    Still trading at about a 47% discount to Morningstar's FV of $15.62. SP has already recovered to within a few percent of where it was six months ago, and may possibly be back to the 10-11 range where it was early last fall by end of this year.

    Giddy-up.
  • J
    J.D.
    FV according to Morningstar, as of 7/25, is just a hair over $16. Shares held short have dropped over 75% since June 15.

    Giddy-up.
  • J
    J.D.
    Short shares here are now nearly non-existent.

    Giddy-up.
  • J
    Justice Walsh
    I’m annoyed with how fast people sell dropping the stock more then the value of the dividends
  • J
    J.D.
    They have applied to the new Federal program for drivers and are addressing driver recruitment and retention, a serious problem that is industry-wide. This next quarter should be telling, as the entirety of PATI's driver fleet will have seen a pay increase by Feb 4. The focus on increasing dry bulk and water contracts means they can take on drivers younger than 21. I'd still like them to consider buying back stock and reissuing shares annually to their drivers as a retention incentive requiring, for instance, five years of service for vestment.
  • F
    Fishbone
    Isn’t date of record tomorrow? Why people sell today?
  • C
    Chad
    When is the ex-div date, I seeing three different dates searching the net.
  • J
    John
    is it just because of people selling?
    the dividend hasn't even happened yet ....
  • M
    Mike
    John Baker has been buying at these current levels since May 24th, 2022. Purchased another 2040 shares on June 15th. https://www.sec.gov/Archives/edgar/data/1190089/000147450622000074/xslF345X03/primary_doc.xml
  • H
    Harry
    Any thoughts on the special $3/share dividend? As insanely frothy as the markets are right now, I wouldn't be surprised if momo traders chased this thinly traded stock up to $15-$20 right before the dividend payment
  • J
    J.D.
    According to Morningstar, PATI is trading at a 44% discount to FMV as of 3/22. Worth some consideration.
  • Y
    Yahoo Finance Insights
    Patriot Transportation Holding reached a 52 Week high at 16.20
  • J
    J.D.
    3x volume within narrow trading range. SEC may be watching....
  • T
    Tony
    Anyone buying this stock now that they had cancelled all dividends going forward?
  • Y
    Yahoo Finance Insights
    Patriot Transportation Holding reached a 52 Week high at 15.22
  • J
    J.D.
    As of June 3, Morningstar gives it a FV of $14.06, trading at a discount of 47%. Seriously undervalued.
  • C
    C
    Book value is well over $16 per share combined. PATI has about $6 in cash. Basically no debt.

    They can still be in the market to add more to the business and grow. Additionally, they dropped a client that was basically break even for the company. I look for the next Q results to be much better
  • Y
    Yahoo Finance Insights
    PATI is down 7.30% to 14.23