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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NYSE:PRMW

Primo Water - PRMW Stock Forecast, Price & News

$14.44
+0.14 (+0.98%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$14.20
$14.48
50-Day Range
$14.18
$16.33
52-Week Range
$12.15
$16.47
Volume
676,831 shs
Average Volume
873,341 shs
Market Capitalization
$2.31 billion
P/E Ratio
N/A
Dividend Yield
2.22%
Price Target
$19.33

Primo Water MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
33.9% Upside
$19.33 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.33
Upright™ Environmental Score
News Sentiment
-0.13mentions of Primo Water in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$2.28 M Sold Last Quarter
Proj. Earnings Growth
22.22%
From $0.63 to $0.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Utilities Sector

37th out of 84 stocks

Bottled & Canned Soft Drinks Industry

1st out of 7 stocks


PRMW stock logo

About Primo Water (NYSE:PRMW) Stock

Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored water, filtration equipment, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, and Water Event Pure Water Solutions brands in the United States; Canadian Springs and Labrador Source brands in Canada; and Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands in Europe and Israel. The company sells its products through retailers and online at various price points. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.

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PRMW Stock News Headlines

The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Primo Water Corp (PRMW)
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Primo Water (PRMW) Declares $0.08 Dividend
Earnings Outlook For Primo Water
Primo Water CEO Tom Harrington on Tailwinds, Outlook, ESG
See More Headlines
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PRMW Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 3/27 Dividend
3/09/2023
Today
3/26/2023
Dividend Payable
3/27/2023
Next Earnings (Estimated)
5/11/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Sector
Utilities
Phone
N/A
Employees
9,230
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.33
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+33.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-3,200,000.00
Pretax Margin
-0.76%

Debt

Sales & Book Value

Annual Sales
$2.22 billion
Cash Flow
$1.74 per share
Book Value
$8.21 per share

Miscellaneous

Free Float
152,757,000
Market Cap
$2.31 billion
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Thomas J. Harrington (Age 65)
    Pres, CEO, Interim Pres of North America & Director
    Comp: $1.83M
  • Mr. Jay  WellsMr. Jay Wells (Age 60)
    Chief Financial Officer
    Comp: $986.9k
  • Ms. Cate Gutowski (Age 47)
    Chief Operating Officer
    Comp: $660.56k
  • Ms. Marni Morgan Poe (Age 53)
    Chief Legal Officer & Sec.
    Comp: $760.83k
  • Ms. Anne Kathryn Melaragni (Age 47)
    Chief HR Officer
    Comp: $654.74k
  • Mr. Jason  AusherMr. Jason Ausher (Age 49)
    Chief Accounting Officer
  • Mr. William Alan Jamieson (Age 50)
    VP & Global Chief Information Officer
  • Jon Kathol
    VP of Investor Relations
  • Mr. Steven Kitching (Age 59)
    Exec. VP of Bus. Devel. for Europe
  • Ms. Shayron Barnes-Selby
    Chief Diversity & Inclusion Officer













PRMW Stock - Frequently Asked Questions

Should I buy or sell Primo Water stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primo Water in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRMW shares.
View PRMW analyst ratings
or view top-rated stocks.

What is Primo Water's stock price forecast for 2023?

4 brokerages have issued 12 month price targets for Primo Water's stock. Their PRMW share price forecasts range from $16.00 to $24.00. On average, they predict the company's stock price to reach $19.33 in the next year. This suggests a possible upside of 33.9% from the stock's current price.
View analysts price targets for PRMW
or view top-rated stocks among Wall Street analysts.

How have PRMW shares performed in 2023?

Primo Water's stock was trading at $15.54 at the start of the year. Since then, PRMW shares have decreased by 7.1% and is now trading at $14.44.
View the best growth stocks for 2023 here
.

When is Primo Water's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our PRMW earnings forecast
.

How were Primo Water's earnings last quarter?

Primo Water Co. (NYSE:PRMW) issued its earnings results on Thursday, November, 4th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The firm had revenue of $550.80 million for the quarter, compared to analysts' expectations of $555.69 million. Primo Water had a positive trailing twelve-month return on equity of 6.15% and a negative net margin of 1.40%. During the same quarter last year, the business posted $0.21 earnings per share.

How often does Primo Water pay dividends? What is the dividend yield for Primo Water?

Primo Water declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Friday, March 10th will be given a dividend of $0.08 per share on Monday, March 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Thursday, March 9th. This is an increase from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for PRMW
.

What ETFs hold Primo Water's stock?

ETFs with the largest weight of Primo Water (NYSE:PRMW) stock in their portfolio include iShares Russell 2000 Value ETF (IWN).Dimensional International Small Cap ETF (DFIS).

Is Primo Water a good dividend stock?

Primo Water (NYSE:PRMW) pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 168.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PRMW will have a dividend payout ratio of 41.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRMW.

What guidance has Primo Water issued on next quarter's earnings?

Primo Water issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.30 billion-$2.35 billion, compared to the consensus revenue estimate of $2.32 billion.

What is Billy D. Prim's approval rating as Primo Water's CEO?

12 employees have rated Primo Water Chief Executive Officer Billy D. Prim on Glassdoor.com. Billy D. Prim has an approval rating of 79% among the company's employees.

What is Primo Water's stock symbol?

Primo Water trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRMW."

Who are Primo Water's major shareholders?

Primo Water's stock is owned by a variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.63%), Fuller & Thaler Asset Management Inc. (4.82%), Thrivent Financial for Lutherans (2.48%), Allspring Global Investments Holdings LLC (2.39%), Nitorum Capital L.P. (2.32%) and Renaissance Technologies LLC (1.36%). Insiders that own company stock include Eric Rosenfeld, Jason R Ausher, Jay Wells, Jeremy S G Fowden, Jeremy S G Fowden, Steven P Stanbrook and Thomas Harrington.
View institutional ownership trends
.

How do I buy shares of Primo Water?

Shares of PRMW stock 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 Primo Water's stock price today?

One share of PRMW stock can currently be purchased for approximately $14.44.

How much money does Primo Water make?

Primo Water (NYSE:PRMW) has a market capitalization of $2.31 billion and generates $2.22 billion in revenue each year. The company earns $-3,200,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.

How many employees does Primo Water have?

The company employs 9,230 workers across the globe.

How can I contact Primo Water?

Primo Water's mailing address is 4221 West Boy Scout Boulevard, TAMPA FL, 33607. The official website for the company is primowatercorp.com. The company can be reached via email at investorrelations@cott.com.

This page (NYSE:PRMW) was last updated on 3/26/2023 by MarketBeat.com Staff