Primoris Services Corp. Company Profile (NASDAQ:PRIM)

About Primoris Services Corp.

Primoris Services Corp. logoPrimoris Services Corporation is a holding company. The Company holds various subsidiaries, through which it operates as a specialty contractor and infrastructure company. It operates in three segments: the West Construction Services segment (West segment), the East Construction Services segment (East segment) and the Energy segment. The West segment includes underground and industrial operations, and construction services performed by ARB, Inc., ARB Structures, Inc., Rockford Corporation, Q3C and Vadnais. The East segment includes the JCG Heavy Civil division, the JCG Infrastructure and Maintenance division, BW Primoris and Cardinal Contractors, Inc. construction business. The Energy segment includes operations of the Primoris Energy Services (PES) pipeline and gas facility construction and maintenance operations, the JCG Industrial division, the Surber and Ram-Fab operations, and the Primoris Aevenia, Inc. (Aevenia) operations.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Exchange: NASDAQ
  • Symbol: PRIM
  • CUSIP: 74164F10
Key Metrics:
  • Previous Close: $19.82
  • 50 Day Moving Average: $19.92
  • 200 Day Moving Average: $20.17
  • 52-Week Range: $16.13 - $25.25
  • Trailing P/E Ratio: 26.11
  • Foreward P/E Ratio: 16.80
  • P/E Growth: 2.72
  • Market Cap: $1.03B
  • Outstanding Shares: 51,784,000
  • Beta: 1.7
  • Net Margins: 2.03%
  • Return on Equity: 8.14%
  • Return on Assets: 3.50%
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.47%
Additional Links:
Companies Related to Primoris Services Corp.:

Analyst Ratings

Consensus Ratings for Primoris Services Corp. (NASDAQ:PRIM) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $25.50 (28.66% upside)

Analysts' Ratings History for Primoris Services Corp. (NASDAQ:PRIM)
DateFirmActionRatingPrice TargetDetails
10/12/2016Canaccord GenuityReiterated RatingHoldView Rating Details
8/25/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$20.00 -> $24.00View Rating Details
8/4/2016DA DavidsonDowngradeBuy -> NeutralView Rating Details
4/21/2016Avondale PartnersReiterated RatingOutperformView Rating Details
11/12/2015WunderlichBoost Price TargetBuy$23.00 -> $26.00View Rating Details
12/1/2014BB&T Corp.DowngradeBuy -> HoldView Rating Details
(Data available from 10/23/2014 forward)


Earnings History for Primoris Services Corp. (NASDAQ:PRIM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2016Q216$0.22$0.10$516.76 million$456.81 millionViewN/AView Earnings Details
5/5/2016Q116$0.06$0.05$423.00 million$430.40 millionViewN/AView Earnings Details
2/25/2016Q415$0.30$0.24$527.72 million$497.10 millionViewListenView Earnings Details
11/5/2015Q315$0.37$0.37$599.28 million$555.90 millionViewListenView Earnings Details
8/6/2015Q215$0.19$0.07$494.81 million$483.50 millionViewListenView Earnings Details
5/5/2015Q115$0.13$0.03$434.40 million$392.80 millionViewListenView Earnings Details
3/3/2015Q414$0.49$0.17$622.96 million$487.60 millionViewListenView Earnings Details
11/6/2014Q314$0.49$0.53$599.03 million$613.20 millionViewListenView Earnings Details
8/7/2014Q214$0.31$0.31$503.10 million$515.00 millionViewN/AView Earnings Details
5/6/2014Q114$0.20$0.21$460.95 million$470.00 millionViewN/AView Earnings Details
2/28/2014Q413$0.39$0.44$541.11 million$537.90 millionViewN/AView Earnings Details
11/5/2013Q313$0.42$0.42$513.78 million$551.30 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.29$0.30$451.20 million$445.00 millionViewN/AView Earnings Details
5/29/2013Q1 13$0.18$0.19ViewN/AView Earnings Details
5/7/2013Q1 2013$0.18$0.19$352.60 million$410.00 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.30$0.33$402.81 million$480.80 millionViewN/AView Earnings Details
11/6/2012Q312$0.33$0.34$408.53 million$431.80 millionViewN/AView Earnings Details
8/8/2012$0.22$0.23ViewN/AView Earnings Details
5/9/2012$0.24$0.20ViewN/AView Earnings Details
3/1/2012$0.22$0.35ViewN/AView Earnings Details
11/8/2011$0.20$0.38ViewN/AView Earnings Details
8/4/2011$0.24$0.28ViewN/AView Earnings Details
5/10/2011$0.22$0.24ViewN/AView Earnings Details
3/16/2011$0.22$0.24ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Primoris Services Corp. (NASDAQ:PRIM)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $1.18 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.05$0.20$0.12
Q2 20165$0.20$0.31$0.25
Q3 20164$0.20$0.46$0.35
Q4 20165$0.34$0.47$0.41
Q1 20171$0.15$0.15$0.15
Q2 20171$0.28$0.28$0.28
Q3 20171$0.43$0.43$0.43
Q4 20171$0.55$0.55$0.55
(Data provided by Zacks Investment Research)


Current Dividend Information for Primoris Services Corp. (NASDAQ:PRIM)
Annual Dividend:$0.22
Dividend Yield:1.11%
Payout Ratio:28.95% (Based on Trailing 12 Months of Earnings)
29.73% (Based on Current Year Consensus EPS Estimate)
18.64% (Based on Next Year Consensus EPS Estimate)

Dividend History for Primoris Services Corp. (NASDAQ:PRIM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Primoris Services Corp. (NASDAQ:PRIM)
Insider Ownership Percentage: 23.10%
Institutional Ownership Percentage: 74.49%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/30/2014Thomas E TuckerDirectorSell2,000$27.19$54,380.00View SEC Filing  
6/27/2014Thomas E TuckerDirectorSell2,000$29.06$58,120.00View SEC Filing  
5/20/2014Brian PrattCEOSell745,000$28.15$20,971,750.00View SEC Filing  
3/21/2014Michael KillgoreVPSell8,480$31.16$264,236.80View SEC Filing  
3/18/2014Eric RosenfeldDirectorSell71,900$31.04$2,231,776.00View SEC Filing  
3/7/2014Brian PrattCEOBuy3,864$21.57$83,346.48View SEC Filing  
3/7/2014John PerisichVPBuy2,512$21.57$54,183.84View SEC Filing  
3/7/2014Peter MoerbeekCFOBuy2,898$21.57$62,509.86View SEC Filing  
3/5/2014Eric RosenfeldDirectorSell21,840$32.45$708,708.00View SEC Filing  
12/5/2013Thomas TuckerDirectorSell6,965$21.27$148,145.55View SEC Filing  
11/26/2013Eric RosenfeldDirectorSell3,122$28.60$89,289.20View SEC Filing  
9/6/2013Michael D KillgoreVPSell15,000$23.85$357,750.00View SEC Filing  
9/4/2013Eric RosenfeldDirectorSell9,474$23.00$217,902.00View SEC Filing  
8/26/2013Eric RosenfeldDirectorSell10,526$23.13$243,466.38View SEC Filing  
8/22/2013Eric RosenfeldDirectorSell80,000$22.87$1,829,600.00View SEC Filing  
6/28/2013Eric RosenfeldDirectorSell13,174$19.96$262,953.04View SEC Filing  
6/17/2013Brian PrattCEOSell824,400$20.18$16,636,392.00View SEC Filing  
5/24/2013Michael D KillgoreVPSell20,000$21.41$428,200.00View SEC Filing  
5/16/2013Michael D KillgoreVPSell20,000$21.26$425,200.00View SEC Filing  
3/13/2013Perisich Family Trust Dated JuInsiderBuy4,538$11.02$50,008.76View SEC Filing  
3/13/2013Peter J MoerbeekCFOBuy5,294$11.02$58,339.88View SEC Filing  
11/23/2012Eric RosenfeldDirectorSell20,348$14.51$295,249.48View SEC Filing  
11/13/2012Thomas E TuckerDirectorSell9,000$14.07$126,630.00View SEC Filing  
9/14/2012Brian PrattCEOSell122,981$13.14$1,615,970.34View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Primoris Services Corp. (NASDAQ:PRIM)
DateHeadline logoPrimoris Services Corp. : PRIM-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 20, 2016 (NASDAQ:PRIM) - October 20 at 7:10 PM logoPrimoris Services Corporation Announces Engineering Award Valued at Over $10 Million (NASDAQ:PRIM) - October 20 at 8:17 AM logoBRIEF-Primoris Services says settled dispute on a project, received $38 mln in cash (NASDAQ:PRIM) - October 11 at 7:10 PM logoPRIMORIS SERVICES CORP Files SEC form 8-K, Costs Associated with Exit or Disposal Activities, Other Events, Financial (NASDAQ:PRIM) - October 11 at 7:10 PM logoPrimoris Services Corporation Announces Plan to Divest Texas Heavy Civil Business Unit (NASDAQ:PRIM) - October 11 at 7:10 PM
News IconDominion's Atlantic Coast Pipeline Signs Contractor for Multi-State Services (NASDAQ:PRIM) - October 1 at 8:19 AM logoPrimoris Services Corporation Announces Power Award Valued Over $60 Million (NASDAQ:PRIM) - September 28 at 12:04 PM logoPrimoris Services Corporation : Announces Industrial Award Valued at $15 Million (NASDAQ:PRIM) - September 26 at 6:55 PM
News IconWidow’s appeal of pipeline survey to test property rights amendment (NASDAQ:PRIM) - September 22 at 6:33 PM
News IconAtlantic Coast Pipeline hires main construction contractor (NASDAQ:PRIM) - September 22 at 6:33 PM logoPrimoris Services Corporation Announces Industrial Award Valued at $15 Million (NASDAQ:PRIM) - September 22 at 11:41 AM logoPrimoris' (PRIM) Unit Signs Construction Contract with ACP (NASDAQ:PRIM) - September 22 at 11:41 AM
News IconConstruction contract signed for Atlantic Coast Pipeline (NASDAQ:PRIM) - September 21 at 6:28 PM logoNew Market Research Report: Primoris Services Corporation (PRIM) - Oil & Gas - Deals and Alliances Profile (NASDAQ:PRIM) - September 15 at 10:23 AM
News IconMUD will keep using outside firm on gas mains (NASDAQ:PRIM) - September 9 at 11:37 AM logoPrimoris Services Corporation Announces Underground Award Valued at $45 Million and Provides Update on Florida Pipeline Projects (NASDAQ:PRIM) - September 6 at 11:40 AM logo8:15 am Primoris Services announces the extension of two Master Service Agreements valued at $45 mln; provides Florida pipeline project update (NASDAQ:PRIM) - September 6 at 11:40 AM logoBRIEF-Primoris Services Corp announces underground award valued at $45 mln (NASDAQ:PRIM) - September 6 at 9:39 AM logoPrimoris Services (PRIM) Catches Eye: Stock Jumps 6.7% (NASDAQ:PRIM) - August 26 at 9:52 AM logoPrimoris Services upgraded by Seaport Global Securities (NASDAQ:PRIM) - August 25 at 12:00 PM logoPrimoris Services Corp. breached its 50 day moving average in a Bullish Manner : PRIM-US : August 24, 2016 (NASDAQ:PRIM) - August 24 at 9:57 AM logoShares of PRIM Down 19.6% Since Downtrend Call on Shares (NASDAQ:PRIM) - August 18 at 7:07 PM logoPRIMORIS SERVICES CORP Financials (NASDAQ:PRIM) - August 18 at 7:07 PM logoETF’s with exposure to Primoris Services Corp. : August 16, 2016 (NASDAQ:PRIM) - August 16 at 7:03 PM
News IconDeepMarkit Engages Primoris Group Inc. for Media Relations (NASDAQ:PRIM) - August 15 at 7:19 PM logoPrimoris Services Corporation : Announces Heavy Civil Award Valued at $16 Million (NASDAQ:PRIM) - August 15 at 7:19 PM logoPrimoris Services Corp. :PRIM-US: Earnings Analysis: Q2, 2016 By the Numbers : August 15, 2016 (NASDAQ:PRIM) - August 15 at 7:19 PM logoPrimoris Services Corporation Announces Heavy Civil Award Valued at $16 Million (NASDAQ:PRIM) - August 11 at 10:11 AM logoEdited Transcript of PRIM earnings conference call or presentation 4-Aug-16 3:30pm GMT (NASDAQ:PRIM) - August 5 at 7:08 PM logoBRIEF-Primoris Services Q2 earnings per share $0.10 (NASDAQ:PRIM) - August 4 at 7:25 PM logoPrimoris Services Corporation: Primoris Services Corporation Announces 2016 Second Quarter Financial Results (NASDAQ:PRIM) - August 4 at 7:25 PM logoPrimoris Services misses Street 2Q forecasts (NASDAQ:PRIM) - August 4 at 10:04 AM logoPrimoris Services misses by $0.12, misses on revenue (NASDAQ:PRIM) - August 4 at 7:42 AM
News IconSmooth driving ahead in Atascadero as gas pipeline project wraps up (NASDAQ:PRIM) - August 1 at 6:40 PM logoPrimoris Services Corporation Schedules Release of 2016 Second Quarter Financial Results and Conference Call (NASDAQ:PRIM) - July 15 at 5:48 PM logoPrimoris Services Corporation (PRIM) Ex-Dividend Date Scheduled for (NASDAQ:PRIM) - June 27 at 11:02 AM logoEx-Dividend Reminder: Primoris Services, Illinois Tool Works and Stantec (NASDAQ:PRIM) - June 24 at 6:58 PM logoPrimoris Services (PRIM) Shares Cross Below 200 DMA (NASDAQ:PRIM) - June 11 at 9:48 AM logoOversold Conditions For Primoris Services (PRIM) (NASDAQ:PRIM) - June 10 at 7:12 PM logo5 Stocks That Could Raise Their Dividends (NASDAQ:PRIM) - June 2 at 12:11 PM logoPrimoris Services Corporation Announces Pipeline Construction Award Valued at $15 Million (NASDAQ:PRIM) - June 2 at 7:55 AM
News IconAre Analysts Bearish Primoris Services Corp (NASDAQ:PRIM) After Last Week? - HNN (NASDAQ:PRIM) - May 30 at 1:29 PM logoAnalysts Set 1-Year Price Target Of $26.3 On Primoris Services Corporation (NASDAQ:PRIM) Stock - Investor Newswire (NASDAQ:PRIM) - May 29 at 12:59 PM logoHold Calls Count For Primoris Services Corporation (NASDAQ:PRIM) At 4 - Stocks Daily (NASDAQ:PRIM) - May 28 at 1:09 PM logoETF’s with exposure to Primoris Services Corp. : May 5, 2016 (NASDAQ:PRIM) - May 5 at 5:47 PM logoPrimoris Services misses 1Q profit forecasts (NASDAQ:PRIM) - May 5 at 8:25 AM logoPrimoris Services Corporation Announces 2016 First Quarter Financial Results (NASDAQ:PRIM) - May 5 at 8:01 AM logoQ1 2016 Primoris Services Corp Earnings Release - Before Market Open (NASDAQ:PRIM) - May 5 at 7:07 AM logoPrimoris Services Corp. breached its 50 day moving average in a Bearish Manner : PRIM-US : May 4, 2016 (NASDAQ:PRIM) - May 4 at 8:42 AM logoPrimoris Services Corporation Announces Heavy Civil Award Valued at $22 Million (NASDAQ:PRIM) - April 28 at 8:08 AM


Primoris Services Corp. (NASDAQ:PRIM) Chart for Sunday, October, 23, 2016

Last Updated on 10/23/2016 by Staff