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: $19.81
  • 50 Day Moving Average: $18.27
  • 200 Day Moving Average: $20.84
  • Trailing P/E Ratio: 26.10
  • Foreward P/E Ratio: 16.24
  • P/E Growth: 2.17
  • Market Cap: $1.03B
  • Outstanding Shares: 51,784,000
  • Beta: 1.64
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 (28.72% upside)

Analysts' Ratings History for Primoris Services Corp. (NASDAQ:PRIM)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$20.00 -> $24.00View Rating Details
8/4/2016DA DavidsonDowngradeBuy -> NeutralView Rating Details
5/6/2016Canaccord GenuityReiterated RatingHoldView 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 8/26/2014 forward)

Earnings

Earnings History for Primoris Services Corp. (NASDAQ:PRIM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
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)

Estimates

Earnings Estimates for Primoris Services Corp. (NASDAQ:PRIM)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $1.22 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$0.17$0.17$0.17
Q2 20171$0.34$0.34$0.34
Q3 20171$0.42$0.42$0.42
Q4 20171$0.55$0.55$0.55
(Data provided by Zacks Investment Research)

Dividends

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)
18.03% (Based on Next Year Consensus EPS Estimate)

Dividend History for Primoris Services Corp. (NASDAQ:PRIM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.061.22%9/28/20169/30/201610/14/2016
5/6/2016quarterly$0.060.97%6/28/20166/30/20167/15/2016
2/26/2016quarterly$0.061.04%3/29/20163/31/20164/15/2016
11/9/2015quarterly$0.061.03%12/29/201512/31/20151/15/2016
8/7/2015quarterly$0.061.22%9/28/20159/30/201510/15/2015
5/6/2015quarterly$0.061.15%6/26/20156/30/20157/15/2015
3/6/2015quarterly$0.040.93%3/27/20153/31/20154/15/2015
11/4/2014quarterly$0.040.7%12/29/201412/31/20141/15/2015
8/7/2014quarterly$0.040.56%9/26/20149/30/201410/15/2014
5/6/2014quarterly$0.040.49%6/26/20146/30/20147/15/2014
5/6/2014quarterly$0.046/30/20146/15/2014
2/28/2014quarterly$0.040.45%3/27/20143/31/20144/15/2014
11/6/2013quarterly$0.040.5%12/27/201312/31/20131/15/2014
8/8/2013quarterly$0.040.62%9/26/20139/30/201310/15/2013
5/8/2013quarterly$0.040.65%6/26/20136/28/20137/15/2013
3/7/2013quarterly$0.030.59%3/26/20133/29/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Primoris Services Corp. (NASDAQ:PRIM)
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)

Headlines

Latest Headlines for Primoris Services Corp. (NASDAQ:PRIM)
DateHeadline
finance.yahoo.com logoPrimoris Services upgraded by Seaport Global Securities (NASDAQ:PRIM)
finance.yahoo.com - August 25 at 12:00 PM
capitalcube.com logoPrimoris Services Corp. breached its 50 day moving average in a Bullish Manner : PRIM-US : August 24, 2016 (NASDAQ:PRIM)
www.capitalcube.com - August 24 at 9:57 AM
mysmartrend.com logoShares of PRIM Down 19.6% Since Downtrend Call on Shares (NASDAQ:PRIM)
www.mysmartrend.com - August 18 at 7:07 PM
finance.yahoo.com logoPRIMORIS SERVICES CORP Financials (NASDAQ:PRIM)
finance.yahoo.com - August 18 at 7:07 PM
capitalcube.com logoETF’s with exposure to Primoris Services Corp. : August 16, 2016 (NASDAQ:PRIM)
www.capitalcube.com - August 16 at 7:03 PM
News IconDeepMarkit Engages Primoris Group Inc. for Media Relations (NASDAQ:PRIM)
virtual-strategy.com - August 15 at 7:19 PM
4-traders.com logoPrimoris Services Corporation : Announces Heavy Civil Award Valued at $16 Million (NASDAQ:PRIM)
www.4-traders.com - August 15 at 7:19 PM
capitalcube.com logoPrimoris Services Corp. :PRIM-US: Earnings Analysis: Q2, 2016 By the Numbers : August 15, 2016 (NASDAQ:PRIM)
www.capitalcube.com - August 15 at 7:19 PM
finance.yahoo.com logoPrimoris Services Corporation Announces Heavy Civil Award Valued at $16 Million (NASDAQ:PRIM)
finance.yahoo.com - August 11 at 10:11 AM
finance.yahoo.com logoEdited Transcript of PRIM earnings conference call or presentation 4-Aug-16 3:30pm GMT (NASDAQ:PRIM)
finance.yahoo.com - August 5 at 7:08 PM
reuters.com logoBRIEF-Primoris Services Q2 earnings per share $0.10 (NASDAQ:PRIM)
www.reuters.com - August 4 at 7:25 PM
twst.com logoPrimoris Services Corporation: Primoris Services Corporation Announces 2016 Second Quarter Financial Results (NASDAQ:PRIM)
www.twst.com - August 4 at 7:25 PM
sg.finance.yahoo.com logoPrimoris Services misses Street 2Q forecasts (NASDAQ:PRIM)
sg.finance.yahoo.com - August 4 at 10:04 AM
seekingalpha.com logoPrimoris Services misses by $0.12, misses on revenue (NASDAQ:PRIM)
seekingalpha.com - August 4 at 7:42 AM
News IconSmooth driving ahead in Atascadero as gas pipeline project wraps up (NASDAQ:PRIM)
www.sanluisobispo.com - August 1 at 6:40 PM
publicnow.com logoPrimoris Services Corporation Schedules Release of 2016 Second Quarter Financial Results and Conference Call (NASDAQ:PRIM)
www.publicnow.com - July 15 at 5:48 PM
nasdaq.com logoPrimoris Services Corporation (PRIM) Ex-Dividend Date Scheduled for (NASDAQ:PRIM)
www.nasdaq.com - June 27 at 11:02 AM
nasdaq.com logoEx-Dividend Reminder: Primoris Services, Illinois Tool Works and Stantec (NASDAQ:PRIM)
www.nasdaq.com - June 24 at 6:58 PM
nasdaq.com logoPrimoris Services (PRIM) Shares Cross Below 200 DMA (NASDAQ:PRIM)
www.nasdaq.com - June 11 at 9:48 AM
nasdaq.com logoOversold Conditions For Primoris Services (PRIM) (NASDAQ:PRIM)
www.nasdaq.com - June 10 at 7:12 PM
fool.com logo5 Stocks That Could Raise Their Dividends (NASDAQ:PRIM)
www.fool.com - June 2 at 12:11 PM
publicnow.com logoPrimoris Services Corporation Announces Pipeline Construction Award Valued at $15 Million (NASDAQ:PRIM)
www.publicnow.com - June 2 at 7:55 AM
News IconAre Analysts Bearish Primoris Services Corp (NASDAQ:PRIM) After Last Week? - HNN (NASDAQ:PRIM)
hintsnewsnetwork.com - May 30 at 1:29 PM
investornewswire.com logoAnalysts Set 1-Year Price Target Of $26.3 On Primoris Services Corporation (NASDAQ:PRIM) Stock - Investor Newswire (NASDAQ:PRIM)
www.investornewswire.com - May 29 at 12:59 PM
stocksdaily.net logoHold Calls Count For Primoris Services Corporation (NASDAQ:PRIM) At 4 - Stocks Daily (NASDAQ:PRIM)
www.stocksdaily.net - May 28 at 1:09 PM
capitalcube.com logoPrimoris Services Corp. :PRIM-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:PRIM)
www.capitalcube.com - May 16 at 11:40 AM
biz.yahoo.com logoPRIMORIS SERVICES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Submission of Matters to a (NASDAQ:PRIM)
biz.yahoo.com - May 6 at 5:20 PM
biz.yahoo.com logoPRIMORIS SERVICES CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:PRIM)
biz.yahoo.com - May 6 at 5:17 PM
finance.yahoo.com logoEdited Transcript of PRIM earnings conference call or presentation 5-May-16 2:00pm GMT (NASDAQ:PRIM)
finance.yahoo.com - May 6 at 2:24 PM
capitalcube.com logoETF’s with exposure to Primoris Services Corp. : May 5, 2016 (NASDAQ:PRIM)
www.capitalcube.com - May 5 at 5:47 PM
feeds.reuters.com logoBRIEF-Primoris Services Q1 EPS $0.05 (NASDAQ:PRIM)
feeds.reuters.com - May 5 at 8:36 AM
finance.yahoo.com logoPrimoris Services misses 1Q profit forecasts (NASDAQ:PRIM)
finance.yahoo.com - May 5 at 8:25 AM
publicnow.com logoPrimoris Services Corporation Announces 2016 First Quarter Financial Results (NASDAQ:PRIM)
www.publicnow.com - May 5 at 8:01 AM
biz.yahoo.com logoQ1 2016 Primoris Services Corp Earnings Release - Before Market Open (NASDAQ:PRIM)
biz.yahoo.com - May 5 at 7:07 AM
capitalcube.com logoPrimoris Services Corp. breached its 50 day moving average in a Bearish Manner : PRIM-US : May 4, 2016 (NASDAQ:PRIM)
www.capitalcube.com - May 4 at 8:42 AM
publicnow.com logoPrimoris Services Corporation Announces Heavy Civil Award Valued at $22 Million (NASDAQ:PRIM)
www.publicnow.com - April 28 at 8:08 AM
publicnow.com logoPrimoris Services Corporation Schedules Release of 2016 First Quarter Financial Results and Conference Call (NASDAQ:PRIM)
www.publicnow.com - April 20 at 7:51 AM
finance.yahoo.com logoPrimoris Services Corporation Announces Pipeline Construction Awards Valued at over $185 Million (NASDAQ:PRIM)
finance.yahoo.com - March 10 at 7:30 AM
capitalcube.com logoPrimoris Services Corp. Earnings Analysis: 2015 By the Numbers (NASDAQ:PRIM)
www.capitalcube.com - March 2 at 10:18 AM
biz.yahoo.com logoPRIMORIS SERVICES CORP Files SEC form 10-K, Annual Report (NASDAQ:PRIM)
biz.yahoo.com - February 29 at 4:12 PM
finance.yahoo.com logoPrimoris Q4 Earnings Up Y/Y, Miss Estimates; Shares Gain (NASDAQ:PRIM)
finance.yahoo.com - February 29 at 10:50 AM
finance.yahoo.com logoPrimoris Services Corporation Announces Heavy Civil Awards Valued at $44 Million (NASDAQ:PRIM)
finance.yahoo.com - February 29 at 7:30 AM
biz.yahoo.com logoPRIMORIS SERVICES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Sta (NASDAQ:PRIM)
biz.yahoo.com - February 26 at 6:55 PM
twst.com logoPrimoris Services Corporation: CORRECTING and REPLACING Primoris Services Corporation Announces 2015 Fourth Quarter and Full Year Financial Results (NASDAQ:PRIM)
www.twst.com - February 26 at 11:50 AM
finance.yahoo.com logoPrimoris Services Corporation Announces 2015 Fourth Quarter and Full Year Financial Results (NASDAQ:PRIM)
finance.yahoo.com - February 26 at 11:50 AM
finance.yahoo.com logoEdited Transcript of PRIM earnings conference call or presentation 25-Feb-16 4:00pm GMT (NASDAQ:PRIM)
finance.yahoo.com - February 25 at 6:06 PM
finance.yahoo.com logoCORRECTING and REPLACING Primoris Services Corporation Announces 2015 Fourth Quarter and Full Year Financial Results (NASDAQ:PRIM)
finance.yahoo.com - February 25 at 10:46 AM
sg.finance.yahoo.com logoPrimoris Services misses Street 4Q forecasts (NASDAQ:PRIM)
sg.finance.yahoo.com - February 25 at 9:57 AM
biz.yahoo.com logoQ4 2015 Primoris Services Corp Earnings Release - Before Market Open (NASDAQ:PRIM)
biz.yahoo.com - February 25 at 7:07 AM
capitalcube.com logoPrimoris Services Corp. breached its 50 day moving average in a Bullish Manner : February 23, 2016 (NASDAQ:PRIM)
www.capitalcube.com - February 23 at 8:21 AM

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Primoris Services Corp. (NASDAQ:PRIM) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff