News

United Petroleum Transports and Patriot Transportation Holding Conclude Acquisition

  • OKLAHOMA CITY, OK / ACCESSWIRE / December 21, 2023 / United Petroleum Transports, Inc. (UPT) and Patriot Transportation Holding, Inc. (Patriot), closed on UPT's previously announced acquisition of Patriot and its wholly owned subsidiary, Florida Rock and Tank Lines, Inc. (Florida Rock). Patriot shareholders approved the transaction at a special meeting of shareholders on December 19, 2023.
    12/21/2023

Patriot Transportation Holding, Inc. Announces Results for the Fourth Quarter and Fiscal Year 2023

  • JACKSONVILLE, FL / ACCESSWIRE / December 6, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) Fourth Quarter Operating Results The Company reported net income of $526,000, or $.15 per share for the quarter ended September 30, 2023, compared to $470,000, or $.13 per share in the same quarter last year. Revenue miles were up 402,000, or 7.7%, over the same quarter last year.
    12/06/2023
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Patriot Transportation Holding, Inc. (PATI) can hold. Click on Rating Page for detail.

The price of Patriot Transportation Holding, Inc. (PATI) is 16.26 and it was updated on 2025-05-09 01:03:50.

Currently Patriot Transportation Holding, Inc. (PATI) is in undervalued.

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PATI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Patriot Transportation Holding, Inc. Is Fair to Shareholders

  • NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Patriot Transportation Holding, Inc. (NASDAQ: PATI) to United Petroleum Transports, Inc. for $16.26 per share in cash is fair to Patriot shareholders. Halper Sadeh encourages Patriot shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigat.
    Wed, Nov. 01, 2023

Patriot Transportation and United Petroleum Transports to Combine

  • Patriot Transportation Shareholders to Receive $16.26 per Share in Cash JACKSONVILLE, FL / ACCESSWIRE / November 1, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) ("Patriot" or the "Company"), today announced an agreement under which United Petroleum Transports, Inc. ("UPT") will acquire all of the outstanding shares of Patriot common stock for $16.26 per share in cash. The transaction values Patriot Transportation at approximately $65.9 million, including assumed cash and debt.
    Wed, Nov. 01, 2023

Patriot Transportation: Fleet Renewal And Driver Turnover Reduction Is Paying Off

  • The company is hiking driver pay and investing $12 million in the renewal of its fleet in FY23. It seems that this strategy is working well as revenues rose by 3.2% year on year in Q3 FY23 while operating income soared by 64.2% to $1.5 million. In my view, Patriot Transportation has a lot of momentum and EPS for Q4 FY23 could surpass $0.20.
    Mon, Aug. 07, 2023

Patriot Transportation Holding, Inc. (PATI) Q3 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q3 2023 Earnings Conference Call August 3, 2023 3:00 PM ET Company Participants Rob Sandlin – President and Chief Executive Officer Matt McNulty – Chief Financial Officer Conference Call Participants Steve Rudd – Blackwell Christian Olesen – Olesen Value Fund Jason Ursaner – Bumbershoot Holdings Bruce Olephant – Oppenheimer Operator Good day, everyone, and welcome to the Patriot Transportation Holdings, Inc. Earnings Call for the Third Quarter. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.
    Sat, Aug. 05, 2023

Patriot Transportation Holding, Inc. Announces Results For The Third Quarter And First Nine Months Of Fiscal 2023

  • JACKSONVILLE, FL / ACCESSWIRE / August 3, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) Third Quarter Operating Results The Company reported net income of $1,187,000, or $.33 per share for the quarter ended June 30, 2023, compared to $771,000, or $.22 per share in the same quarter last year. Revenue miles were up 379,000, or 7.1%, over the same quarter last year.
    Thu, Aug. 03, 2023
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Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2023

  • JACKSONVILLE, FL / ACCESSWIRE / July 26, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its fiscal 2023 third quarter earnings results Thursday, August 3, 2023. The Company will host a conference call on August 3, 2023 at 3:00pm (EST).
  • 07/26/2023

Patriot Transportation Holding, Inc. (PATI) Q2 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q2 2023 Results Conference Call May 9, 2023 3:00 PM ET Company Participants Rob Sandlin - President, Chief Executive Officer Matt McNulty - Chief Financial Officer, Chief Operating Officer John Klopfenstein - Chief Accounting Officer Conference Call Participants Christian Olesen - Olesen Value Fund John Koller - Oppenheimer + Close John Deysher - Pinnacle Operator Good day, everyone, and welcome to the Patriot Transportation Holdings, Inc. earnings call for the second quarter. At this time all participants are placed on a listen-only mode and the floor will be open for questions and comments after the presentation.
  • 05/13/2023

Patriot Transportation Holding, Inc. To Announce Results For The Second Quarter Of Fiscal Year 2023 On May 9, 2023

  • JACKSONVILLE, FL / ACCESSWIRE / May 1, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2023 second quarter earnings results Tuesday, May 9, 2023. The Company will host a conference call on May 9, 2023 at 3:00pm (EST).
  • 05/01/2023

Patriot Transportation Holding, Inc. (PATI) Q1 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q1 2023 Earnings Conference Call February 3, 2023 3:00 PM ET Company Representatives Rob Sandlin - President, Chief Executive Officer Matt McNulty - Chief Financial Officer, Chief Operating Officer John Klopfenstein - Chief Accounting Officer Conference Call Participants Christian Olesen - Olesen Value Fund John Koller - Oppenheimer & Close John Deysher - Pinnacle Operator Good afternoon, and welcome to the Patriot Transportation Holdings Incorporated Earnings Call for the First Quarter of 2023. At this time all participants are placed on a listen-only mode and the floor will be open for questions and comments after the presentation.
  • 02/02/2023

Patriot Transportation Holding, Inc. To Announce Results for the First Quarter of Fiscal Year 2023 on February 22, 2023

  • JACKSONVILLE, FL / ACCESSWIRE / January 27, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2023 first quarter earnings results Thursday, February 2, 2023. The Company will host a conference call on February 2, 2023 at 3:00pm (EST).
  • 01/27/2023

Patriot Transportation Holding, Inc. (PATI) Q4 2022 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q4 2022 Earnings Conference Call December 6, 2022 3:00 AM ET Company Participants Rob Sandlin - Chief Executive Officer and President Matt McNulty - Chief Financial Office and Chief Operating Officer Conference Call Participants Christian Olson - Olson Value Fund Steve Rudd - Blackwell Millennium Operator Good afternoon, ladies and gentlemen, and welcome to the Patriot Transportation Holdings, Inc. Earnings Call for Fourth Quarter 2022. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.
  • 12/06/2022

Patriot Transportation Holding, Inc. to Announce Results for the Fourth Quarter of Fiscal Year 2022 on December 6, 2022

  • JACKSONVILLE, FL / ACCESSWIRE / November 29, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): The Company will host a conference call on December 6, 2022 at 3:00 PM (EST). Analysts, shareholders and other interested parties may access the teleconference live by calling 877-545-0523, access code 703191 domestic or international at 973-528-0137.
  • 11/29/2022

7 Trucking Stocks to Sell as the Shipping Boom Goes Bust

  • There's a good deal of trucking stocks to sell. To be clear, the market ideas on this list do not necessarily represent flawed strategies or operations.
  • 10/26/2022

Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q3 2022 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q3 Earnings Conference Call August 3, 2022 3:00 PM ET Company Participants Rob Sandlin - CEO & President Matt McNulty - CFO & COO John Klopfenstein - CAO Conference Call Participants Christian Olson - Olson Value Fund Steve Rudd - Blackwell Millennium Operator Good afternoon, ladies and gentlemen, and welcome to the Patriot Transportation Holdings Earnings Call for Third Quarter. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comments after the presentation.
  • 08/05/2022

Patriot Transportation Holding, Inc. To Announce Results For The Third Quarter Of Fiscal Year 2022

  • JACKSONVILLE, FL / ACCESSWIRE / July 26, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its fiscal 2022 third quarter earnings results Wednesday, August 3, 2022. The Company will host a conference call on August 3, 2022 at 3:00pm (EST).
  • 07/26/2022

Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q2 2022 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q2 2022 Earnings Conference Call May 10, 2022 3:00 PM ET Company Participants Rob Sandlin - Chief Executive Officer & President Matt McNulty - Chief Financial Officer Conference Call Participants Steve Rudd - Blackwell Operator Good afternoon, ladies and gentlemen, and welcome to the Patriot Transportation Earnings Call for the Second Quarter of Fiscal Year 2022. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation.
  • 05/10/2022

Patriot Transportation Holding, Inc. To Announce Results For The Second Quarter of Fiscal Year 2022 on May 10, 2022

  • JACKSONVILLE, FL / ACCESSWIRE / May 7, 2022 / Patriot Transportation Holding, Inc. (NASDAQ: PATI) anticipates issuing its fiscal 2022 second quarter earnings results Tuesday, May 10, 2022. The Company will host a conference call on May 10, 2022 at 3:00pm (EST).
  • 05/07/2022

Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q1 2022 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q1 2022 Results - Earnings Call Transcript
  • 02/02/2022

Patriot Transportation Holding, Inc. To Announce Results for the First Quarter of Fiscal Year 2022 on February 2, 2022

  • JACKSONVILLE, FL / ACCESSWIRE / January 26, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2022 first quarter earnings results Wednesday, February 2, 2022. The Company will host a conference call on February 2, 2022 at 3:00 PM (EST).
  • 01/26/2022

Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q4 2021 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q4 2021 Results - Earnings Call Transcript
  • 12/02/2021

Patriot Transportation Holding, Inc. Announces Results for the Third Quarter and YTD Fiscal Year 2021

  • JACKSONVILLE, FL / ACCESSWIRE / July 28, 2021 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) Third Quarter Operating Results The Company reported net income of $323,000, or $.09 per share for the quarter ended June 30, 2021, compared to $573,000, or $.17 per share, in the same quarter last year. This quarter's net income included $133,000, or $.04 per share, from gains on real estate sales net of income taxes.
  • 07/28/2021

Patriot Transportation Holding, Inc. Announces Results for the Second Quarter and Fiscal Year 2021

  • JACKSONVILLE, FL / ACCESSWIRE / May 13, 2021 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): Second Quarter Operating Results The Company reported net income of $484,000, or $.14 per share for the quarter ended March 31, 2021, compared to a net loss of ($401,000), or ($.12) per share, in the same quarter last year. The quarter's net income included $1,037,000, or $.31 per share, from gains on real estate sales net of income taxes.
  • 05/13/2021

Patriot Transportation Holding, Inc. to Announce Results for the Second Quarter of Fiscal Year 2021

  • JACKSONVILLE, FL / ACCESSWIRE / May 5, 2021 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): The Company will host a conference call on May 13, 2021 at 3:00 PM (EST). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-877-407-0778 domestic or international at 1-201-689-8565.
  • 05/05/2021

Patriot Transportation Holding, Inc. Announces Results for the Third Quarter and Fiscal Year 2020

  • JACKSONVILLE, FL / ACCESSWIRE / July 29, 2020 / Patriot Transportation Holding, Inc.
  • 07/29/2020

Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2020 on July 29, 2020 | | IT Business Net

  • JACKSONVILLE, FL / ACCESSWIRE / July 22, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2020 third quarter earnings results Wednesday, July 29, 2020. The Company wil
  • 07/22/2020

Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2020 on July 29, 2020

  • JACKSONVILLE, FL / ACCESSWIRE / July 22, 2020 / Patriot Transportation Holding, Inc.
  • 07/22/2020

Patriot Transportation (NASDAQ:PATI) Stock Price Passes Below Fifty Day Moving Average of $8.53

  • Patriot Transportation Holding Inc (NASDAQ:PATI) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.53 and traded as low as $8.28. Patriot Transportation shares last traded at $8.28, with a volume of 1,077 shares trading hands. Several equities analysts recently issued reports on […]
  • 07/16/2020

Short Interest in Patriot Transportation Holding Inc (NASDAQ:PATI) Expands By 100.0%

  • Patriot Transportation Holding Inc (NASDAQ:PATI) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 600 shares, an increase of 100.0% from the June 15th total of 300 shares. Currently, 0.0% of the shares of the stock are sold short. Based […]
  • 07/06/2020

How Hedge Funds Traded Patriot Transportation Holding Inc (PATI) During The Crash

  • In this article we will take a look at whether hedge funds think Patriot Transportation Holding Inc (NASDAQ:PATI) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […]
  • 05/28/2020

Patriot Transportation Holding, Inc. Announces Results for the Second Quarter and Fiscal Year 2020

  • JACKSONVILLE, FL / ACCESSWIRE / May 13, 2020 / Patriot Transportation Holding, Inc. (NASDAQ-PATI) Second Quarter Operating Results The Company reported a net loss of ($401,000), or ($.12) per share, compared ...
  • 05/13/2020

Patriot Transportation Holding, Inc. to Announce Results for the Second Quarter of Fiscal Year 2020 on May 13, 2020

  • JACKSONVILLE, FL / ACCESSWIRE / May 12, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2020 second quarter earnings results Thursday, May 13, 2020. The Company will host ...
  • 05/12/2020

Patriot Transportation Holding, Inc. to Delay Earnings Release and Conference Call

  • JACKSONVILLE, FL / ACCESSWIRE / May 11, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) ("Patriot" or the "Company") announced today that it will delay its 2020 second quarter ...
  • 05/11/2020

Patriot Transportation Holding, Inc. To Announce Results For The Second Quarter of Fiscal Year 2020 On May 11, 2020

  • JACKSONVILLE, FL / ACCESSWIRE / May 4, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2020 second quarter earnings results Monday, May 11, 2020. The Company will host ...
  • 05/04/2020

Such Is Life: How Patriot Transportation Holding (NASDAQ:PATI) Shareholders Saw Their Shares Drop 61%

  • Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly. For...
  • 04/24/2020

Is Patriot Transportation Holding, Inc. (NASDAQ:PATI) An Attractive Dividend Stock?

  • Is Patriot Transportation Holding, Inc. (NASDAQ:PATI) a good dividend stock? How can we tell? Dividend paying...
  • 03/10/2020

After poor Q1, Patriot Transportation Holdings sees opportunity for growth

  • Patriot Transportation Holdings Chief Financial Officer Matt McNulty said things could turn around for the tanker truck hauling company after a rough first quarter. McNulty said many of the company's obstacles are industry headwinds rather than issues within its business model. "The issues that we've been facing today, and have been for the past few years, really surround the driver tight market," McNulty said.
  • 02/06/2020

Edited Transcript of PATI earnings conference call or presentation 29-Jan-20 8:00pm GMT

  • Q1 2020 Patriot Transportation Holding Inc Earnings Call
  • 01/31/2020

Patriot Transportation suffers loss, builds capacity for 2020

  • Patriot Transportation Holdings Inc. reports a dismal first quarter in 2020, with a $464,000 net loss, after facing a myriad of industry headwinds including driver turnover, rising insurance premiums and a drop in the volume of freight it carried. For the first quarter, which closed Jan. 15, revenue declining roughly $3.2 million from the same quarter last year to $24.8 million, leading to the 14 cents per share net loss, down from a 27 cents per share gain a year ago. This quarter's decline was mostly due to a decrease in miles driven after the company closed its Charlotte Terminal in May and the result of Patriot shedding some low-volume accounts, it said "We are not pleased with our operating performance in Q1 and have a lot of work ahead to be successful during the remainder of this fiscal year," the company said in its filing.
  • 01/30/2020

Patriot Transportation Holding, Inc. Announces Results For The First Quarter 2020

  • JACKSONVILLE, FL / ACCESSWIRE / January 29, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) First Quarter Operating Results The Company reported a net loss of ($464,000), or ($.14) per share, ...
  • 01/29/2020

How Does Patriot Transportation Holding's (NASDAQ:PATI) P/E Compare To Its Industry, After The Share Price Drop?

  • To the annoyance of some shareholders, Patriot Transportation Holding (NASDAQ:PATI) shares are down a considerable 30...
  • 01/29/2020

Patriot Transportation Holding, Inc. Announces Results for the First Quarter Of Fiscal Year 2020

  • JACKSONVILLE, FL / ACCESSWIRE / January 27, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): The Company will host a conference call on January 29, 2020 at 3:00 PM (EST). Analysts, shareholders ...
  • 01/27/2020

XPO Logistics kickstarts broader transportation rally

  • The strategic review fired off by XPO Logistics (XPO +12.9%) seems to have investors looking at other trucking/delivery/freight stocks with a new viewpoint. There's also a positive note out from Stif
  • 01/16/2020

Truckers temporarily exempt from Cali 'gig worker' law

  • Many are looking to carve out exemptions from California's new "gig worker" rule - which obligates companies to pay overtime, healthcare and workers' compensation - and one industry just score
  • 01/10/2020

Estimating The Fair Value Of Patriot Transportation Holding, Inc. (NASDAQ:PATI)

  • How far off is Patriot Transportation Holding, Inc. (NASDAQ:PATI) from its intrinsic value? Using the most recent...
  • 01/07/2020

Edited Transcript of PATI earnings conference call or presentation 4-Dec-19 8:00pm GMT

  • Q4 2019 Patriot Transportation Holding Inc Earnings Call
  • 12/06/2019

Does Patriot Transportation Holding, Inc.'s (NASDAQ:PATI) P/E Ratio Signal A Buying Opportunity?

  • Of late the Patriot Transportation Holding (NASDAQ:PATI) share price has softened like an ice cream in the sun...
  • 12/06/2019

Patriot Transportation Holding, Inc. Declares Special Dividend of $3.00 Per Share

  • JACKSONVILLE, FL / ACCESSWIRE / December 4, 2019 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): Patriot Transportation Holdings, Inc. announced today that its Board of Directors has declared a special ...
  • 12/04/2019

Patriot Transportation Holding, Inc. Announces Results for the Fourth Quarter and Fiscal Year 2019

  • JACKSONVILLE, FL / ACCESSWIRE / December 4, 2019 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) Fourth Quarter Operating Results The Company reported net income of $194,000, or $.06 per share, compared ...
  • 12/04/2019

Patriot Transportation Holding, Inc. To Announce Results for The Fourth Quarter and Fiscal Year 2019

  • JACKSONVILLE, FL / ACCESSWIRE / December 2, 2019 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) The Company will host a conference call on December 4, 2019 at 3:00 PM (EST). Analysts, shareholders ...
  • 12/02/2019

Hedge Funds Watching Patriot Transportation Holding Inc (PATI) From Afar

  • Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
  • 11/30/2019

Should We Be Cautious About Patriot Transportation Holding, Inc.'s (NASDAQ:PATI) ROE Of 4.0%?

  • One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
  • 11/01/2019
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