NASDAQ:PRIM - Primoris Services Stock Price, News & Analysis

$21.08
+0.15 (+0.72 %)
(As of 09/17/2019 02:47 AM ET)
Today's Range
$20.81
Now: $21.08
$21.33
50-Day Range
$18.15
MA: $19.68
$21.57
52-Week Range
$17.80
Now: $21.08
$25.50
Volume129,955 shs
Average Volume171,215 shs
Market Capitalization$1.07 billion
P/E Ratio12.40
Dividend Yield1.15%
Beta1.44
Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through five segments: Power, Industrial, and Engineering; Pipeline and Underground; Utilities and Distribution; Transmission and Distribution; and Civil. Read More…

Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNASDAQ:PRIM
CUSIP74164F10
Phone214-740-5600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.94 billion
Cash Flow$3.3674 per share
Book Value$11.85 per share

Profitability

Net Income$77.46 million

Miscellaneous

Employees10,600
Market Cap$1.07 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Primoris Services (NASDAQ:PRIM) Frequently Asked Questions

What is Primoris Services' stock symbol?

Primoris Services trades on the NASDAQ under the ticker symbol "PRIM."

How often does Primoris Services pay dividends? What is the dividend yield for Primoris Services?

Primoris Services announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Monday, September 30th will be given a dividend of $0.06 per share on Tuesday, October 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, September 27th. View Primoris Services' Dividend History.

How were Primoris Services' earnings last quarter?

Primoris Services Corp (NASDAQ:PRIM) announced its quarterly earnings results on Tuesday, August, 6th. The construction company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. The construction company had revenue of $789.90 million for the quarter, compared to analysts' expectations of $749.23 million. Primoris Services had a net margin of 2.62% and a return on equity of 13.95%. The business's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 EPS. View Primoris Services' Earnings History.

When is Primoris Services' next earnings date?

Primoris Services is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Primoris Services.

What guidance has Primoris Services issued on next quarter's earnings?

Primoris Services issued an update on its FY19 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of $1.60-$1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.67.

Has Primoris Services been receiving favorable news coverage?

News stories about PRIM stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Primoris Services earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Primoris Services.

Are investors shorting Primoris Services?

Primoris Services saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,003,300 shares, an increase of 9.1% from the July 31st total of 919,400 shares. Based on an average daily volume of 168,800 shares, the short-interest ratio is presently 5.9 days. Currently, 2.3% of the shares of the stock are sold short. View Primoris Services' Current Options Chain.

Who are some of Primoris Services' key competitors?

Some companies that are related to Primoris Services include MasTec (MTZ), Dycom Industries (DY), Aegion (AEGN), MYR Group (MYRG) and Preformed Line Products (PLPC).

What other stocks do shareholders of Primoris Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Primoris Services investors own include InterDigital Wireless (IDCC), Bank of Hawaii (BOH), Stag Industrial (STAG), PepsiCo (PEP), Banc of California (BANC), Celgene (CELG), Intel (INTC), Universal Display (OLED), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

Who are Primoris Services' key executives?

Primoris Services' management team includes the folowing people:
  • Mr. David L. King, CEO & Exec. Chairman (Age 67)
  • Mr. Thomas E. McCormick, Pres (Age 57)
  • Mr. Kenneth M. Dodgen, Exec. VP & CFO (Age 53)
  • Mr. John M. Perisich, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Mr. Brian Pratt, Director & Sr. Strategic Advisor (Age 67)

Who are Primoris Services' major shareholders?

Primoris Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.73%), Van Berkom & Associates Inc. (6.38%), BlackRock Inc. (5.77%), Barrow Hanley Mewhinney & Strauss LLC (4.19%), Barrow Hanley Mewhinney & Strauss LLC (4.19%) and Deprince Race & Zollo Inc. (4.09%). Company insiders that own Primoris Services stock include Brian Pratt, David Lee King, John M Perisich, John P Schauerman, Peter J Moerbeek, Stephen C Cook and Thomas Edward Mccormick. View Institutional Ownership Trends for Primoris Services.

Which major investors are selling Primoris Services stock?

PRIM stock was sold by a variety of institutional investors in the last quarter, including RE Advisers Corp, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Citadel Advisors LLC, Vanguard Group Inc., Morgan Stanley, GW&K Investment Management LLC and D. E. Shaw & Co. Inc.. Company insiders that have sold Primoris Services company stock in the last year include Brian Pratt, David Lee King and Stephen C Cook. View Insider Buying and Selling for Primoris Services.

Which major investors are buying Primoris Services stock?

PRIM stock was bought by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Deprince Race & Zollo Inc., Keeley Teton Advisors LLC, Nuveen Asset Management LLC, BlackRock Inc., Prudential Financial Inc., Rice Hall James & Associates LLC and Algert Global LLC. Company insiders that have bought Primoris Services stock in the last two years include David Lee King, Peter J Moerbeek and Thomas Edward Mccormick. View Insider Buying and Selling for Primoris Services.

How do I buy shares of Primoris Services?

Shares of PRIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Primoris Services' stock price today?

One share of PRIM stock can currently be purchased for approximately $21.08.

How big of a company is Primoris Services?

Primoris Services has a market capitalization of $1.07 billion and generates $2.94 billion in revenue each year. The construction company earns $77.46 million in net income (profit) each year or $1.70 on an earnings per share basis. Primoris Services employs 10,600 workers across the globe.View Additional Information About Primoris Services.

What is Primoris Services' official website?

The official website for Primoris Services is http://www.primoriscorp.com/.

How can I contact Primoris Services?

Primoris Services' mailing address is 2300 N. Field Street Suite1900, Dallas TX, 75201. The construction company can be reached via phone at 214-740-5600 or via email at [email protected]


MarketBeat Community Rating for Primoris Services (NASDAQ PRIM)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  626
MarketBeat's community ratings are surveys of what our community members think about Primoris Services and other stocks. Vote "Outperform" if you believe PRIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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