NYSE:PWR - Quanta Services Stock Price, News, & Analysis

Quanta Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PWR."

Quanta Services announced a quarterly dividend on Friday, December 7th. Shareholders of record on Wednesday, January 2nd will be paid a dividend of $0.04 per share on Wednesday, January 16th. This represents a $0.16 annualized dividend and a yield of 0.51%. View Quanta Services' Dividend History.

Quanta Services declared that its Board of Directors has approved a share repurchase program on Tuesday, September 4th 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Quanta Services Inc (NYSE:PWR) released its quarterly earnings data on Thursday, November, 1st. The construction company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.09. The construction company earned $2.99 billion during the quarter, compared to the consensus estimate of $2.93 billion. Quanta Services had a return on equity of 8.57% and a net margin of 3.32%. The firm's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the business posted $0.63 EPS. View Quanta Services' Earnings History.

Quanta Services is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Quanta Services.

Quanta Services issued an update on its FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $2.70-2.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.74. The company issued revenue guidance of $10.95-11.05 billion, compared to the consensus revenue estimate of $10.59 billion.

10 Wall Street analysts have issued 12 month target prices for Quanta Services' stock. Their forecasts range from $39.00 to $53.00. On average, they anticipate Quanta Services' stock price to reach $45.7778 in the next twelve months. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Quanta Services.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Quanta Services.

News articles about PWR stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Quanta Services earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.

Some companies that are related to Quanta Services include ATLANTIA SPA/ADR (ATASY), FERROVIAL S A/ADR (FRRVY), D. R. Horton (DHI), Lennar (LEN), Vulcan Materials (VMC), Nippon Paint (NPCPF), Rollins (ROL), HEIDELBERGCEMEN/ADR (HDELY), Martin Marietta Materials (MLM), Lennar (LEN.B), SEKISUI HOUSE L/S (SKHSY), Masco (MAS), NVR (NVR), Jacobs Engineering Group (JEC) and Lennox International (LII).

Quanta Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.60%), BlackRock Inc. (5.89%), Bank of New York Mellon Corp (4.30%), Victory Capital Management Inc. (4.18%), Dimensional Fund Advisors LP (3.51%) and Kovitz Investment Group Partners LLC (1.87%). Company insiders that own Quanta Services stock include Jerry K Lemon, John Michal Conaway, Nicholas M Grindstaff, Patrick Wood III and Randall C Wisenbaker. View Institutional Ownership Trends for Quanta Services.

PWR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Jennison Associates LLC, Marshall Wace North America L.P., Russell Investments Group Ltd., Deutsche Bank AG, Suffolk Capital Management LLC, Renaissance Technologies LLC and AQR Capital Management LLC. View Insider Buying and Selling for Quanta Services.

PWR stock was bought by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Hexavest Inc., Prudential Financial Inc., The Manufacturers Life Insurance Company , Sanders Morris Harris LLC, Marshall Wace LLP, Man Group plc and Fuller & Thaler Asset Management Inc.. View Insider Buying and Selling for Quanta Services.

Shares of PWR 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, Scottrade, Fidelity and Charles Schwab.

One share of PWR stock can currently be purchased for approximately $31.33.

Quanta Services has a market capitalization of $4.58 billion and generates $9.47 billion in revenue each year. The construction company earns $314.97 million in net income (profit) each year or $1.78 on an earnings per share basis. Quanta Services employs 32,800 workers across the globe.

The official website for Quanta Services is http://www.quantaservices.com.

Quanta Services' mailing address is 2800 POST OAK BOULEVARD SUITE 2600, HOUSTON TX, 77056. The construction company can be reached via phone at 713-629-7600 or via email at [email protected]