Primoris Services Corporation (PRIM)

Market Cap	2.78B
Revenue (ttm)	5.87B
Net Income (ttm)	143.78M
Shares Out	53.64M
EPS (ttm)	2.66
PE Ratio	19.49
Forward PE	18.36
Dividend	$0.24 (0.46%)
Ex-Dividend Date	Jun 28, 2024

Volume	473,923
Open	50.81
Previous Close	50.44
Day's Range	50.36 - 51.88
52-Week Range	26.29 - 52.75
Beta	1.15
Analysts	Strong Buy
Price Target	53.67 (+3.53%)
Earnings Date	May 8, 2024

About PRIM

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including...

• Industry: Engineering & Construction
• Sector: Industrials
• CEO: Thomas E. McCormick
• Employees: 14,058
• Stock Exchange: NYSE
• Ticker Symbol: PRIM

Financial Performance

In 2023, PRIM's revenue was $5.72 billion, an increase of 29.29% compared to the previous year's $4.42 billion. Earnings were $126.15 million, a decrease of -5.17%.

Analyst Forecast

According to 3 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $53.67, which is an increase of 3.53% from the latest price.

Price Target

$53.67

(3.53% upside)

Analyst Consensus: Strong Buy