Patriot Transportation Holding, Inc., through its subsidiary, Florida Rock & Tank Lines, Inc., transports petroleum and other liquids, and dry bulk commodities. The company is involved in hauling petroleum related products, including gas and diesel fuel; and dry bulk commodities, such as cement, lime, and various industrial powder products, as well as liquid chemicals. Its petroleum clients include convenience stores and hypermarket accounts, fuel wholesalers, and oil companies; and dry bulk and chemical customers comprise industrial companies, such as cement and concrete accounts, as well as product distribution companies. As of September 30, 2020, the company operated a fleet of 320 company tractors, 18 owner operators, and 444 trailers from its 18 terminals and 6 satellite locations in Florida, Georgia, Alabama, and Tennessee. Patriot Transportation Holding, Inc. is headquartered in Jacksonville, Florida.
IPO Year:
Exchange: NASDAQ
Website: patriottrans.com
| Date | Price Target | Rating | Analyst |
|---|
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
4 - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Issuer)
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. UPT and Patriot finalized the transaction today. Under the terms of the merger, UPT acquired all outstanding shares of Patriot common stock for $16.26 per share in cash, valuing Patriot at approximately $66.2 million. Patriot will now transition from a publicly traded company to a privately held entity and
JACKSONVILLE, FL / ACCESSWIRE / December 6, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Fourth Quarter Operating ResultsThe 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. Operating revenues for the quarter were $24,217,000, up $1,335,000 from the same quarter last year due to higher miles, rate increases, and an improved business mix. Operating revenue per mile was down $.08, or 1.8% due mainly to lower fuel surcharges as diesel prices have declined since the same quarter last year.Com
Patriot Transportation Shareholders to Receive $16.26 per Share in CashJACKSONVILLE, 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.The combination advances UPT's and Patriot's shared vision to become a top five bulk tank carrier by revenue with combined revenues in excess of $200 million and to become the premier tank truck company in t
JACKSONVILLE, FL / ACCESSWIRE / August 3, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Third Quarter Operating ResultsThe 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. Operating revenues for the quarter were $24,253,000, up $752,000 from the same quarter last year due to higher miles, rate increases, and an improved business mix. Operating revenue per mile was down $.16, or 3.6% due mainly to lower fuel surcharges as diesel prices have declined since the same quarter last year.Compensatio
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 726353. Computer audio live streaming is available at https://www.webcaster4.com/Webcast/Page/2058/48718. An audio replay will be available for sixty (60) days following the conference call by dialing toll free 1-877-481-4010 domestic or internati
JACKSONVILLE, FL / ACCESSWIRE / May 9, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Second Quarter Operating ResultsThe Company reported net income of $475,000, or $.13 per share for the quarter ended March 31, 2023, compared to a net loss of ($490,000), or ($.14) per share in the same quarter prior year.Revenue miles were up 97,000, or 1.8%, over the same quarter last year. Operating revenues for the quarter were $23,465,000, up $2,537,000 from the same quarter last year due to rate increases, higher fuel surcharges and an improved business mix. Operating revenue per mile was up $.40, or 10.2%.Compensation and benefits increased $2,081,000, mainly due to the increases in driver
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 233760. Computer audio live streaming is available via the Internet through the Company's website at www.patriottrans.com at the Investor Relations tab or Patriot Transportation Holdings, Inc. Earnings Call For Fourth Quarter (webcaster4.com). An audio replay wi
JACKSONVILLE, FL / ACCESSWIRE / February 2, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)First Quarter Operating ResultsThe Company reported net income of $485,000, or $.14 per share for the quarter ended December 31, 2022, compared to $6,439,000, or $1.74 per share, in the same quarter last year which included $6,281,000, or $1.70 per share, from after tax gains on real estate sales.Revenue miles were down 299,000, or 5.5%, over the same quarter last year due to a lower average driver count partially resulting from the closure of our Nashville location. Operating revenues for the quarter were $22,850,000, up $2,279,000 from the same quarter last year due to rate increases, highe
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 127169. Computer audio live streaming is available via the Internet through the Company's website at www.patriottrans.com at the Investor Relations tab or Patriot Transportation Holdings, Inc. Earnings Call For Fourth Quarter (webcaster4.com). An
JACKSONVILLE, FL / ACCESSWIRE / December 6, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Fourth Quarter Operating ResultsThe Company reported net income of $470,000, or $.13 per share for the quarter ended September 30, 2022, compared to $40,000, or $.01 per share, in the same quarter last year.Revenue miles were down 332,000, or 6%, over the same quarter last year due to a lower average driver count resulting primarily from the closure of our Nashville location and turnover (down ~10 drivers from the 4th quarter of last year). Operating revenues for the quarter were $22,882,000, up $2,425,000 from the same quarter last year due to rate increases, higher fuel surcharges and an im
JACKSONVILLE, FL / ACCESSWIRE / December 6, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Fourth Quarter Operating ResultsThe 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. Operating revenues for the quarter were $24,217,000, up $1,335,000 from the same quarter last year due to higher miles, rate increases, and an improved business mix. Operating revenue per mile was down $.08, or 1.8% due mainly to lower fuel surcharges as diesel prices have declined since the same quarter last year.Com
JACKSONVILLE, FL / ACCESSWIRE / August 3, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Third Quarter Operating ResultsThe 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. Operating revenues for the quarter were $24,253,000, up $752,000 from the same quarter last year due to higher miles, rate increases, and an improved business mix. Operating revenue per mile was down $.16, or 3.6% due mainly to lower fuel surcharges as diesel prices have declined since the same quarter last year.Compensatio
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 726353. Computer audio live streaming is available at https://www.webcaster4.com/Webcast/Page/2058/48718. An audio replay will be available for sixty (60) days following the conference call by dialing toll free 1-877-481-4010 domestic or internati
JACKSONVILLE, FL / ACCESSWIRE / May 9, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Second Quarter Operating ResultsThe Company reported net income of $475,000, or $.13 per share for the quarter ended March 31, 2023, compared to a net loss of ($490,000), or ($.14) per share in the same quarter prior year.Revenue miles were up 97,000, or 1.8%, over the same quarter last year. Operating revenues for the quarter were $23,465,000, up $2,537,000 from the same quarter last year due to rate increases, higher fuel surcharges and an improved business mix. Operating revenue per mile was up $.40, or 10.2%.Compensation and benefits increased $2,081,000, mainly due to the increases in driver
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 233760. Computer audio live streaming is available via the Internet through the Company's website at www.patriottrans.com at the Investor Relations tab or Patriot Transportation Holdings, Inc. Earnings Call For Fourth Quarter (webcaster4.com). An audio replay wi
JACKSONVILLE, FL / ACCESSWIRE / February 2, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)First Quarter Operating ResultsThe Company reported net income of $485,000, or $.14 per share for the quarter ended December 31, 2022, compared to $6,439,000, or $1.74 per share, in the same quarter last year which included $6,281,000, or $1.70 per share, from after tax gains on real estate sales.Revenue miles were down 299,000, or 5.5%, over the same quarter last year due to a lower average driver count partially resulting from the closure of our Nashville location. Operating revenues for the quarter were $22,850,000, up $2,279,000 from the same quarter last year due to rate increases, highe
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). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-888-506-0062 domestic or international at 1-973-528-0011, then enter participant code 127169. Computer audio live streaming is available via the Internet through the Company's website at www.patriottrans.com at the Investor Relations tab or Patriot Transportation Holdings, Inc. Earnings Call For Fourth Quarter (webcaster4.com). An
JACKSONVILLE, FL / ACCESSWIRE / December 6, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI)Fourth Quarter Operating ResultsThe Company reported net income of $470,000, or $.13 per share for the quarter ended September 30, 2022, compared to $40,000, or $.01 per share, in the same quarter last year.Revenue miles were down 332,000, or 6%, over the same quarter last year due to a lower average driver count resulting primarily from the closure of our Nashville location and turnover (down ~10 drivers from the 4th quarter of last year). Operating revenues for the quarter were $22,882,000, up $2,425,000 from the same quarter last year due to rate increases, higher fuel surcharges and an im
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. Computer audio live streaming is available via the Internet through the Company's website at www.patriottrans.com at the Investor Relations tab or https://www.webcaster4.com/Webcast/Page/2058/47125. An audio replay will be available for sixty (60) days following the conference call by dialing toll free 1-877-481-4010 domestic or international
JACKSONVILLE, FL / ACCESSWIRE / August 3, 2022 / Patriot Transportation Holding, Inc. (NASDAQ:PATI):Third Quarter Operating ResultsThe Company reported net income of $771,000, or $.22 per share for the quarter ended June 30, 2022, compared to $323,000, or $.09 per share, in the same quarter last year. Net income in the prior year third quarter included $133,000, or $.04 per share, from gains on real estate sales net of income taxes.Revenue miles were down 535,000, or 9%, over the same quarter last year due to a lower average driver count resulting primarily from the closure of our Nashville location and turnover (down ~25 drivers from the 3rd quarter of last year). Operating revenues for the
15-12G - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
S-8 POS - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
8-K - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
25-NSE - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
8-K - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Filer)
SC 13G/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13G - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13D/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)
SC 13G/A - PATRIOT TRANSPORTATION HOLDING, INC. (0001616741) (Subject)