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 |
---|
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)
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
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)
U.S. stocks traded higher toward the end of trading, after the Federal Reserve announced its policy decision. The Dow traded up 0.40% to 33,185.41 while the NASDAQ rose 0.92% to 12,969.54. The S&P 500 also rose, gaining, 0.67% to 4,221.94. Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying Leading and Lagging Sectors Information technology shares jumped by 1.2% on Wednesday. In trading on Wednesday, materials shares fell by 0.6%. Top Headline The Federal Reserve opted to maintain interest rates at the range of 5.25% to 5.5% during its November meeting, as widely anticipated by the market. Equities Trading UP Cellectis S.A. (NA
Gainers Cellectis S.A. (NASDAQ:CLLS) shares jumped 136% to $2.2799. Cellectis reported strategic collaboration and investment agreements with AstraZeneca. Cellectis also presented pre-clinical data on multi-armored allogeneic MUC1-CAR T-cells targeting triple-negative breast cancer at the Society for Immunotherapy of Cancer 38th Annual Meeting. Patriot Transportation Holding, Inc. (NASDAQ:PATI) climbed 104.8% to $15.73. Patriot Transportation announced an agreement under which United Petroleum Transports will acquire all of the outstanding shares of Patriot common stock for $16.26 per share in cash. Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) gained 33% to $2.2780. Aldeyra Therapeutics e
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday. The Dow traded up 0.55% to 33,233.33 while the NASDAQ rose 0.87% to 12,962.92. The S&P 500 also rose, gaining, 0.74% to 4,224.85. Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying Leading and Lagging Sectors Information technology shares jumped by 1.3% on Wednesday. In trading on Wednesday, utilities shares fell by 0.1%. Top Headline The ISM manufacturing PMI fell to 46.7 in October versus 49 in the prior month, compared to market expectations of 49. Equities Trading UP Cellectis S.A. (NASDAQ:CLLS) s
U.S. stocks traded mixed this morning, ahead of interest rate decision from the Federal Reserve. Following the market opening Wednesday, the Dow traded down 0.05% to 33,036.63 while the NASDAQ rose 0.32% to 12,892.45. The S&P 500 also rose, gaining, 0.15% to 4,199.94. Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying Leading and Lagging Sectors Information technology shares jumped by 0.5% on Wednesday. In trading on Wednesday, utilities shares fell by 0.3%. Top Headline Private businesses in the U.S. added 113,000 workers in October, compared to market estimates of a 150,000 increase and versus a gain of 89,000 in the prior m
Patriot Transportation (NASDAQ:PATI) reported quarterly earnings of $0.33 per share. This is a 50 percent increase over earnings of $0.22 per share from the same period last year. The company reported $24.25 million in sales this quarter. This is a 3.20 percent increase over sales of $23.50 million the same period last year.
Patriot Transportation (NASDAQ:PATI) reported quarterly earnings of $0.13 per share. This is a 192.86 percent increase over losses of $(0.14) per share from the same period last year. The company reported $23.46 million in sales this quarter. This is a 12.12 percent increase over sales of $20.93 million the same period last year.
Although US stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Domo The Trade: Domo, Inc. (NASDAQ:DOMO) 10% owner Cocolalla LLC acquired a total of 429,810 shares an average price of $14.11
Gainers SOS (NYSE:SOS) stock increased by 9.3% to $6.01 during Tuesday's pre-market session. The company's market cap stands at $37.9 million. Lichen China (NASDAQ:LICN) stock increased by 7.17% to $5.08. The company's market cap stands at $137.1 million. Ideanomics (NASDAQ:IDEX) stock moved upwards by 5.77% to $0.16. The company's market cap stands at $106.1 million. Controladora Vuela (NYSE:VLRS) shares increased by 4.93% to $11.9. The market value of their outstanding shares is at $1.3 billion. Gaucho Group Holdings (NASDAQ:VINO) stock moved upwards by 4.72% to $1.55. The company's market cap stands at $4.2 million. Momentus (NASDAQ:MNTS) stock rose 4.59% to $0.9. The market value o
Patriot Transportation (NASDAQ:PATI) reported quarterly earnings of $0.14 per share. This is a 250 percent increase over earnings of $0.04 per share from the same period last year. The company reported $22.85 million in sales this quarter. This is a 11.08 percent increase over sales of $20.57 million the same period last year.
Patriot Transportation (NASDAQ:PATI) reported quarterly earnings of $0.13 per share. This is a 1200 percent increase over earnings of $0.01 per share from the same period last year.
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