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

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

Primoris Services announced a quarterly dividend on Monday, November 4th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.06 per share on Wednesday, January 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Monday, December 30th. View Primoris Services' Dividend History.

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

Primoris Services is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Primoris Services.

Primoris Services will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Headlines about PRIM stock have trended extremely negative recently, according to InfoTrie. InfoTrie ranks the sentiment of 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 five, with scores closest to five being the most favorable. Primoris Services earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Primoris Services.

Primoris Services saw a decline in short interest in January. As of January 15th, there was short interest totalling 321,700 shares, a decline of 9.6% from the December 31st total of 355,800 shares. Based on an average daily volume of 157,200 shares, the short-interest ratio is currently 2.0 days. Approximately 0.7% of the company's 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), Argan (AGX), Aegion (AEGN), Great Lakes Dredge & Dock (GLDD) 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 variety of of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (4.12%), Barrow Hanley Mewhinney & Strauss LLC (3.84%), Alliancebernstein L.P. (2.54%), GW&K Investment Management LLC (2.47%), Loomis Sayles & Co. L P (2.07%) and State Street Corp (1.76%). 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 Renaissance Technologies LLC, Bank of America Corp DE, Prudential Financial Inc., GW&K Investment Management LLC, Oxford Asset Management LLP, Hillcrest Asset Management LLC, California Public Employees Retirement System and UBS Asset Management Americas Inc.. 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.

PRIM stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Alliancebernstein L.P., Divisar Capital Management LLC, Goldman Sachs Group Inc., Martingale Asset Management L P, Amundi Pioneer Asset Management Inc., Rice Hall James & Associates LLC and Hodges Capital Management Inc.. 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.

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 $22.71.

Primoris Services has a market capitalization of $1.16 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]