QQQ   397.83 (+3.01%)
AAPL   171.18 (+3.54%)
MSFT   334.92 (+2.68%)
FB   322.81 (+1.55%)
GOOGL   2,945.39 (+2.87%)
AMZN   3,523.29 (+2.80%)
TSLA   1,051.75 (+4.24%)
NVDA   324.27 (+7.96%)
BABA   125.54 (+1.57%)
NIO   33.12 (+2.41%)
CGC   10.64 (+4.83%)
AMD   144.85 (+4.16%)
GE   97.55 (+1.60%)
MU   85.83 (+4.10%)
T   23.08 (-0.86%)
F   19.96 (+3.85%)
DIS   150.81 (+0.29%)
PFE   51.72 (+0.47%)
AMC   31.04 (+7.82%)
ACB   6.38 (+6.87%)
BA   208.83 (+1.43%)
QQQ   397.83 (+3.01%)
AAPL   171.18 (+3.54%)
MSFT   334.92 (+2.68%)
FB   322.81 (+1.55%)
GOOGL   2,945.39 (+2.87%)
AMZN   3,523.29 (+2.80%)
TSLA   1,051.75 (+4.24%)
NVDA   324.27 (+7.96%)
BABA   125.54 (+1.57%)
NIO   33.12 (+2.41%)
CGC   10.64 (+4.83%)
AMD   144.85 (+4.16%)
GE   97.55 (+1.60%)
MU   85.83 (+4.10%)
T   23.08 (-0.86%)
F   19.96 (+3.85%)
DIS   150.81 (+0.29%)
PFE   51.72 (+0.47%)
AMC   31.04 (+7.82%)
ACB   6.38 (+6.87%)
BA   208.83 (+1.43%)
QQQ   397.83 (+3.01%)
AAPL   171.18 (+3.54%)
MSFT   334.92 (+2.68%)
FB   322.81 (+1.55%)
GOOGL   2,945.39 (+2.87%)
AMZN   3,523.29 (+2.80%)
TSLA   1,051.75 (+4.24%)
NVDA   324.27 (+7.96%)
BABA   125.54 (+1.57%)
NIO   33.12 (+2.41%)
CGC   10.64 (+4.83%)
AMD   144.85 (+4.16%)
GE   97.55 (+1.60%)
MU   85.83 (+4.10%)
T   23.08 (-0.86%)
F   19.96 (+3.85%)
DIS   150.81 (+0.29%)
PFE   51.72 (+0.47%)
AMC   31.04 (+7.82%)
ACB   6.38 (+6.87%)
BA   208.83 (+1.43%)
QQQ   397.83 (+3.01%)
AAPL   171.18 (+3.54%)
MSFT   334.92 (+2.68%)
FB   322.81 (+1.55%)
GOOGL   2,945.39 (+2.87%)
AMZN   3,523.29 (+2.80%)
TSLA   1,051.75 (+4.24%)
NVDA   324.27 (+7.96%)
BABA   125.54 (+1.57%)
NIO   33.12 (+2.41%)
CGC   10.64 (+4.83%)
AMD   144.85 (+4.16%)
GE   97.55 (+1.60%)
MU   85.83 (+4.10%)
T   23.08 (-0.86%)
F   19.96 (+3.85%)
DIS   150.81 (+0.29%)
PFE   51.72 (+0.47%)
AMC   31.04 (+7.82%)
ACB   6.38 (+6.87%)
BA   208.83 (+1.43%)
NASDAQ:PRIM

Primoris Services Stock Forecast, Price & News

$23.91
+0.44 (+1.87%)
(As of 12/7/2021 04:00 PM ET)
Add
Compare
Today's Range
$23.75
$24.11
50-Day Range
$21.62
$28.80
52-Week Range
$21.47
$41.76
Volume
331,736 shs
Average Volume
431,689 shs
Market Capitalization
$1.29 billion
P/E Ratio
10.58
Dividend Yield
1.02%
Beta
1.26
30 days | 90 days | 365 days | Advanced Chart
Receive PRIM News and Ratings via Email

Sign-up to receive the latest news and ratings for Primoris Services and its competitors with MarketBeat's FREE daily newsletter.


Primoris Services logo

About Primoris Services

Primoris Services Corp. operates as a holding company, which engages in the provision of construction, fabrication, maintenance, replacement, and engineering services. It operates through the following segments: Power, Pipeline, Utilities, Transmission, and Civil. The Power segment comprises full engineering, procurement, and construction project delivery; turnkey construction; retrofits; upgrades; repairs; outages; and maintenance petroleum, petrochemical, water, and other industries. The Pipeline segment includes pipeline construction and maintenance, facility work, compressor stations, pump stations, metering facilities, and other pipeline related services for petroleum and petrochemical industries. The Utilities segment involves in the utility line installation and maintenance, gas and electric distribution, streetlight construction, substation work, and fiber optic cable installation. The Transmission segment specializes in electric and gas transmission and distribution, including comprehensive engineering, procurement, maintenance and construction, repair, and restoration of utility infrastructure. The Civil segment consists of highway and bridge construction, airport runway

Headlines

Primoris Services Energy/Renewables Segment Bags $32M In Contracts
December 7, 2021 |  markets.businessinsider.com
Primoris Services (NASDAQ:PRIM) Sets New 52-Week Low at $21.47
December 2, 2021 |  americanbankingnews.com
Primoris Procures ~$425M In Solar Project Awards
November 30, 2021 |  markets.businessinsider.com
Primoris Services (NASDAQ:PRIM) Sets New 1-Year Low at $23.43
November 26, 2021 |  americanbankingnews.com
Recap: Primoris Services Q3 Earnings
November 8, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:PRIM
CUSIP
74164F10
Fax
N/A
Employees
10,414
Year Founded
2004

Sales & Book Value

Annual Sales
$3.49 billion
Cash Flow
$4.23 per share
Book Value
$18.16 per share

Profitability

Net Income
$104.97 million
Pretax Margin
4.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
53,014,000
Market Cap
$1.29 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Dividend Payable
10/15/2021
Last Earnings
11/07/2021
Today
12/07/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/28/2022

Social Links


MarketRank

Overall MarketRank

2.51 out of 5 stars

Construction Sector

38th out of 136 stocks

Water, Sewer, & Utility Lines Industry

1st out of 7 stocks

Analyst Opinion: 3.3Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Primoris Services (NASDAQ:PRIM) Frequently Asked Questions

Is Primoris Services a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Primoris Services in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Primoris Services stock.
View analyst ratings for Primoris Services
or view top-rated stocks.

How has Primoris Services' stock been impacted by Coronavirus (COVID-19)?

Primoris Services' stock was trading at $15.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PRIM shares have increased by 56.6% and is now trading at $23.91.
View which stocks have been most impacted by COVID-19
.

When is Primoris Services' next earnings date?

Primoris Services is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022.
View our earnings forecast for Primoris Services
.

How were Primoris Services' earnings last quarter?

Primoris Services Co. (NASDAQ:PRIM) released its quarterly earnings data on Sunday, November, 7th. The construction company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. The construction company had revenue of $913.20 million for the quarter, compared to analyst estimates of $993.41 million. Primoris Services had a net margin of 3.36% and a trailing twelve-month return on equity of 15.05%. The business's revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 EPS.
View Primoris Services' earnings history
.

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

Primoris Services announced a quarterly dividend on Wednesday, November 10th. Investors of record on Friday, December 31st will be given a dividend of $0.06 per share on Friday, January 14th. This represents a $0.24 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Thursday, December 30th.
View Primoris Services' dividend history
.

Is Primoris Services a good dividend stock?

Primoris Services pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.02%. The dividend payout ratio of Primoris Services is 10.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primoris Services will have a dividend payout ratio of 9.92% next year. This indicates that Primoris Services will be able to sustain or increase its dividend.
View Primoris Services' dividend history.

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

Primoris Services updated its FY 2021 earnings guidance on Monday, December, 6th. The company provided earnings per share guidance of $2.610-$2.710 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.310. The company issued revenue guidance of -.

What price target have analysts set for PRIM?

4 equities research analysts have issued twelve-month target prices for Primoris Services' shares. Their forecasts range from $24.00 to $42.00. On average, they anticipate Primoris Services' share price to reach $35.25 in the next twelve months. This suggests a possible upside of 47.4% from the stock's current price.
View analysts' price targets for Primoris Services
or view top-rated stocks among Wall Street analysts.

Who are Primoris Services' key executives?

Primoris Services' management team includes the following people:
  • Thomas E. McCormick, President, Chief Executive Officer & Director
  • John F. Moreno, Chief Operating Officer & Executive Vice President
  • Kenneth M. Dodgen, Chief Financial Officer & Executive Vice President
  • John M. Perisich, Secretary, Chief Legal Officer & Executive VP
  • Travis L. Stricker, Chief Accounting Officer & Senior Vice President

What is Brian Pratt's approval rating as Primoris Services' CEO?

23 employees have rated Primoris Services CEO Brian Pratt on Glassdoor.com. Brian Pratt has an approval rating of 71% among Primoris Services' employees.

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 (IDCC), Bank of Hawaii (BOH), STAG Industrial (STAG), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Intel (INTC), Marathon Petroleum (MPC), Pfizer (PFE), Southern (SO) and AT&T (T).

What is Primoris Services' stock symbol?

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

Who are Primoris Services' major shareholders?

Primoris Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.14%), Wellington Management Group LLP (6.48%), Dimensional Fund Advisors LP (4.39%), Macquarie Group Ltd. (3.78%), Fuller & Thaler Asset Management Inc. (2.21%) and Geode Capital Management LLC (1.82%). Company insiders that own Primoris Services stock include Brian Pratt, John P Schauerman, Kenneth Morris Dodgen, Terry D Mccallister, Thomas E Tucker and Thomas Edward Mccormick.
View institutional ownership trends for Primoris Services
.

Which institutional investors are selling Primoris Services stock?

PRIM stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Fuller & Thaler Asset Management Inc., Divisar Capital Management LLC, Alliancebernstein L.P., Eagle Asset Management Inc., Keeley Teton Advisors LLC, Denali Advisors LLC, and Citadel Advisors LLC.
View insider buying and selling activity for Primoris Services
or view top insider-selling stocks.

Which institutional investors are buying Primoris Services stock?

PRIM stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Morgan Stanley, Two Sigma Investments LP, Nordea Investment Management AB, SG Capital Management LLC, Goldman Sachs Group Inc., Two Sigma Advisers LP, and A. D. Beadell Investment Counsel Inc.. Company insiders that have bought Primoris Services stock in the last two years include Kenneth Morris Dodgen, Terry D Mccallister, and Thomas Edward Mccormick.
View insider buying and selling activity for Primoris Services
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Primoris Services' stock price today?

One share of PRIM stock can currently be purchased for approximately $23.91.

How much money does Primoris Services make?

Primoris Services has a market capitalization of $1.29 billion and generates $3.49 billion in revenue each year. The construction company earns $104.97 million in net income (profit) each year or $2.26 on an earnings per share basis.

How many employees does Primoris Services have?

Primoris Services employs 10,414 workers across the globe.

Does Primoris Services have any subsidiaries?

The following companies are subsidiares of Primoris Services: ARB Chile Ltda., ARB Inc., ARB Structures Inc., Aevenia Inc., Cardinal Contractors Inc., Coastal Field Services, Cravens Services, FSSI, Florida Gas Contractors, Future Infrastructure, James Construction Group, James Construction Group LLC, Juniper Rock Corporation, Mueller Concrete Construction Company, Northern Energy & Power, OnQuest Canada ULC, OnQuest Inc., PFMG Solar Tustin LLC, Pipe Jacking Trenchless Inc., Primoris Aevenia Inc., Primoris Design & Construction Inc., Primoris Distribution Services Inc., Primoris Electric Inc., Primoris Energy Services Corporation, Primoris T&D Services LLC, Primoris Willbros Canada ULC, Q3 Contracting Inc., Q3C, Ram-Fab, Rockford Corporation, Rockford Holdings Corporation, Rockford Pipelines Canada Inc., Saxon Construction Inc., Sprint Pipeline Services, Surber, Vadnais, Vadnais Trenchless Services Inc., WesPac Energy, Willbros Group, Willbros Group Inc., and Williams.

When was Primoris Services founded?

Primoris Services was founded in 2004.

What is Primoris Services' official website?

The official website for Primoris Services is www.primoriscorp.com.

Where are Primoris Services' headquarters?

Primoris Services is headquartered at 2300 N. Field Street Suite1900, Dallas TX, 75201.

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].


This page was last updated on 12/7/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.