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

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

Primoris Services declared a quarterly dividend on Monday, November 4th. Investors of record on Tuesday, December 31st will be given a dividend of $0.06 per share on Wednesday, January 15th. This represents a $0.24 annualized dividend and a yield of 1.08%. The ex-dividend date is Monday, December 30th. View Primoris Services' Dividend History.

Primoris Services Corp (NASDAQ:PRIM) issued its quarterly earnings results on Monday, November, 4th. The construction company reported $0.70 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.04. The construction company had revenue of $865.10 million for the quarter, compared to the consensus estimate of $888.30 million. Primoris Services had a return on equity of 14.08% and a net margin of 2.75%. The business's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 earnings per share. View Primoris Services' Earnings History.

Primoris Services is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Primoris Services.

Primoris Services issued an update on its FY19 earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of $1.60-1.80 for the period, compared to the Thomson Reuters consensus estimate of $1.69.

News headlines about PRIM stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Primoris Services earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Primoris Services.

Primoris Services saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 321,700 shares, a decline of 9.6% from the December 15th total of 355,800 shares. Based on an average daily trading volume, of 158,800 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.7% of the shares of the stock are sold short. View Primoris Services' Current Options Chain.

Some companies that are related to Primoris Services include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Ameresco (AMRC), Great Lakes Dredge & Dock (GLDD), Aegion (AEGN), Argan (AGX) and Tutor Perini (TPC).

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), Verizon Communications (VZ), Banc of California (BANC), Harley-Davidson (HOG), IBM (IBM), Marathon Petroleum (MPC) and Southern (SO).

Primoris Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Jackson Financial Management (0.05%). 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.

PRIM stock was sold by a variety of institutional investors in the last quarter, including Jackson Financial Management. Company insiders that have sold Primoris Services company stock in the last year include Brian Pratt, David Lee King, John P Schauerman and Stephen C Cook. View Insider Buying and Selling for 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.

One share of PRIM stock can currently be purchased for approximately $22.13.

Primoris Services has a market capitalization of $1.13 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.

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

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]