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

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

Quanta Services announced a quarterly dividend on Thursday, December 12th. Stockholders of record on Thursday, January 2nd will be paid a dividend of $0.05 per share on Thursday, January 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from Quanta Services's previous quarterly dividend of $0.04. View Quanta Services' Dividend History.

Quanta Services announced that its board has initiated a stock buyback 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 shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Quanta Services Inc (NYSE:PWR) released its quarterly earnings data on Thursday, October, 31st. The construction company reported $1.14 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.97 by $0.17. The construction company earned $3.35 billion during the quarter, compared to the consensus estimate of $3.17 billion. Quanta Services had a return on equity of 12.17% and a net margin of 2.81%. The firm's revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.88 EPS. View Quanta Services' Earnings History.

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

Quanta Services will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 equities research analysts have issued 1-year target prices for Quanta Services' shares. Their forecasts range from $41.00 to $50.00. On average, they expect Quanta Services' share price to reach $45.86 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for Quanta Services.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 7 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 very negative on Sunday, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. 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. Quanta Services earned a news impact score of -3.6 on InfoTrie's scale. They also gave 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 effect on the stock's share price in the next few days. View News Stories for Quanta Services.

Quanta Services saw a increase in short interest in January. As of January 31st, there was short interest totalling 6,000,000 shares, an increase of 9.9% from the January 15th total of 5,460,000 shares. Based on an average trading volume of 1,280,000 shares, the short-interest ratio is presently 4.7 days. Currently, 4.3% of the company's stock are sold short. View Quanta Services' Current Options Chain.

Some companies that are related to Quanta Services include Jacobs Engineering Group (JEC), Aecom (ACM), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), 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 Quanta Services investors own include Skyworks Solutions (SWKS), Laredo Petroleum (LPI), Teekay Tankers (TNK), Exxon Mobil (XOM), Cisco Systems (CSCO), Intel (INTC), General Electric (GE), UnitedHealth Group (UNH), Verizon Communications (VZ) and Ford Motor (F).

Quanta Services' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.29%), Bank of New York Mellon Corp (2.92%), Lyrical Asset Management LP (2.84%), Alliancebernstein L.P. (1.71%), Geode Capital Management LLC (1.58%) and Rothschild & Co. Asset Management US Inc. (1.52%). Company insiders that own Quanta Services stock include Bernard Fried, Derrick A Jensen, Donald Wayne, Dorothy Upperman, Earl C Jr Austin, James Redgie Probst, Jerry K Lemon and Vincent D Foster. View Institutional Ownership Trends for Quanta Services.

PWR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Greenhaven Associates Inc., NWQ Investment Management Company LLC, Prudential Financial Inc., AQR Capital Management LLC, Point72 Asset Management L.P. and Oxford Asset Management LLP. Company insiders that have sold Quanta Services company stock in the last year include Bernard Fried, Donald Wayne, Dorothy Upperman, James Redgie Probst and Jerry K Lemon. View Insider Buying and Selling for Quanta Services.

PWR stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Goldman Sachs Group Inc., MUFG Securities EMEA plc, Artisan Partners Limited Partnership, Spyglass Capital Management LLC, Marshall Wace North America L.P., Lord Abbett & CO. LLC and Great West Life Assurance Co. Can. Company insiders that have bought Quanta Services stock in the last two years include Derrick A Jensen, Earl C Jr Austin and Vincent D Foster. 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, Robinhood, Fidelity and Charles Schwab.

One share of PWR stock can currently be purchased for approximately $40.02.

Quanta Services has a market capitalization of $5.69 billion and generates $11.17 billion in revenue each year. The construction company earns $293.35 million in net income (profit) each year or $2.53 on an earnings per share basis. Quanta Services employs 39,200 workers across the globe.View Additional Information About Quanta Services.

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]