Primoris Services Stock Forecast, Price & News

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.

Who are some of Primoris Services' key competitors?

Some companies that are related to Primoris Services include Quanta Services (PWR), AECOM (ACM), MasTec (MTZ), EMCOR Group (EME), KBR (KBR), Ameresco (AMRC), Comfort Systems USA (FIX), Fluor (FLR), Dycom Industries (DY), MYR Group (MYRG), Granite Construction (GVA), Great Lakes Dredge & Dock (GLDD), Sterling Construction (STRL), Tutor Perini (TPC) and Argan (AGX).
View all of PRIM's competitors.

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.
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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].