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 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a positive change from Quanta Services's previous quarterly dividend of $0.04. View Quanta Services' Dividend History.

Quanta Services announced that its Board of Directors has authorized a stock buyback program on Tuesday, September 4th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire 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) issued its earnings results on Thursday, October, 31st. The construction company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.97 by $0.17. The construction company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.17 billion. Quanta Services had a net margin of 2.81% and a return on equity of 12.17%. The company's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior 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 20th 2020. View Earnings Estimates for Quanta Services.

Quanta Services updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $3.16-3.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.22. The company issued revenue guidance of ~$12.0 billion, compared to the consensus revenue estimate of $11.73 billion.

7 analysts have issued twelve-month price objectives for Quanta Services' stock. Their forecasts range from $41.00 to $50.00. On average, they anticipate Quanta Services' share price to reach $45.86 in the next year. This suggests a possible upside of 11.1% 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.

Press coverage about PWR stock has been trending somewhat negative on Sunday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Quanta Services earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Quanta Services.

Quanta Services saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,460,000 shares, an increase of 11.9% from the December 15th total of 4,880,000 shares. Based on an average daily trading volume, of 1,320,000 shares, the short-interest ratio is currently 4.1 days. Currently, 3.9% of the shares of the company are sold short. View Quanta Services' Current Options Chain.

Some companies that are related to Quanta Services include Jacobs Engineering Group (JEC), Aecom (ACM), MasTec (MTZ), Emcor Group (EME), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Ameresco (AMRC), Great Lakes Dredge & Dock (GLDD), Aegion (AEGN), Argan (AGX) 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), UnitedHealth Group (UNH), Intel (INTC), Walt Disney (DIS), Ford Motor (F) and General Electric (GE).

Quanta Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Greenhaven Associates Inc. (1.23%), Copper Rock Capital Partners LLC (0.39%), Dalton Greiner Hartman Maher & Co. (0.37%), Wedge Capital Management L L P NC (0.21%), Neville Rodie & Shaw Inc. (0.16%) and Centre Asset Management LLC (0.16%). 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 Greenhaven Associates Inc., Dalton Greiner Hartman Maher & Co., Copper Rock Capital Partners LLC, Centre Asset Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Wedge Capital Management L L P NC, State of Alaska Department of Revenue and Alpha Windward LLC. 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 Sanders Morris Harris LLC, Boenning & Scattergood Inc., Tributary Capital Management LLC, AE Wealth Management LLC, BKD Wealth Advisors LLC, Neville Rodie & Shaw Inc., Cerebellum GP LLC and Endurance Wealth Management Inc.. 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 $41.26.

Quanta Services has a market capitalization of $5.87 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]