Primoris Services (PRIM) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Primoris Services is expected to report Q3 2026 earnings after the market closes Tuesday, November 3. Analysts forecast earnings of $0.774 per share on $2.00 billion in revenue, with a conference call scheduled for November 4.
• In its latest quarter, Primoris reported a loss of $0.27 per share, outperforming estimates for a $0.35 loss, while revenue fell 10.7% year over year to $1.69 billion and missed expectations.
• PRIM shares opened at $66.37, near their 12-month low of $62.40 and well below the $205.50 high. Despite the decline, analysts maintain a “Moderate Buy” consensus with an average price target of $123.47.

Primoris Services (NYSE:PRIM - Get Free Report) is projected to post its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect Primoris Services to announce earnings of $0.7740 per share and revenue of $2.00 billion for the quarter. Parties can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

Primoris Services (NYSE:PRIM - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.35) by $0.08. Primoris Services had a net margin of 1.92% and a return on equity of 9.96%. The company had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.73 billion. During the same period last year, the company posted $1.68 earnings per share. The firm's quarterly revenue was down 10.7% compared to the same quarter last year. On average, analysts expect Primoris Services to post $1.77 EPS for the current fiscal year and $4.82 EPS for the next fiscal year.

Primoris Services Price Performance

PRIM stock opened at $66.37 on Tuesday. The firm has a 50 day moving average of $76.22 and a 200-day moving average of $114.66. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 21.60 and a beta of 1.44. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. Primoris Services has a 12-month low of $62.40 and a 12-month high of $205.50.

Primoris Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 30th. Primoris Services's dividend payout ratio (DPR) is presently 12.55%.

Analyst Ratings Changes

Several brokerages recently issued reports on PRIM. UBS Group reaffirmed a "neutral" rating on shares of Primoris Services in a report on Monday, August 10th. Weiss Ratings lowered Primoris Services from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, August 6th. Zacks Research raised Primoris Services from a "strong sell" rating to a "hold" rating in a research note on Monday, August 24th. Roth Capital reaffirmed a "buy" rating and set a $100.00 price target on shares of Primoris Services in a research note on Monday, July 20th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $99.00 price objective on shares of Primoris Services in a research report on Thursday, October 8th. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Primoris Services currently has a consensus rating of "Moderate Buy" and an average price target of $123.47.

Primoris Services Company Profile

Primoris Services Corporation NYSE: PRIM is a specialty contractor that provides construction, engineering, maintenance and fabrication services for critical infrastructure. The company serves customers in the energy, utilities and industrial markets, with work spanning power generation, power delivery, natural gas, renewable energy, petrochemical and industrial facilities.

Its services include utility and transmission construction, renewable energy development support, underground and overhead infrastructure, pipeline construction, facility maintenance, environmental services and specialty industrial construction.

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