Primoris Services Corporation (PRIM)

NYSE: PRIM · Real-Time Price · USD
65.07
-2.00 (-2.98%)
May 6, 2025, 9:49 AM EDT - Market open
-2.98%
Market Cap 3.51B
Revenue (ttm) 6.60B
Net Income (ttm) 206.19M
Shares Out 53.92M
EPS (ttm) 3.77
PE Ratio 17.28
Forward PE 14.51
Dividend $0.32 (0.49%)
Ex-Dividend Date Mar 31, 2025
Volume 87,219
Open 65.91
Previous Close 67.07
Day's Range 63.64 - 65.91
52-Week Range 45.92 - 90.86
Beta 1.34
Analysts Strong Buy
Price Target 84.75 (+30.24%)
Earnings Date May 5, 2025

About PRIM

Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments, Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical... [Read more]

Sector Industrials
Founded 1960
Employees 15,716
Stock Exchange NYSE
Ticker Symbol PRIM
Full Company Profile

Financial Performance

In 2024, Primoris Services's revenue was $6.37 billion, an increase of 11.40% compared to the previous year's $5.72 billion. Earnings were $180.89 million, an increase of 43.40%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $84.75, which is an increase of 30.24% from the latest price.

Price Target
$84.75
(30.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CORRECTING and REPLACING Primoris Services Corporation Reports First Quarter 2025 Results

DALLAS--(BUSINESS WIRE)--In the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, Revenue for the Three Months Ended March 31, 2025, should be $1,648,112 (instead of $81,648,112). The updated release reads...

15 hours ago - Business Wire

Primoris Services Corporation Reports First Quarter 2025 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on ...

17 hours ago - Business Wire

Primoris Services Corporation Announces Results of Annual Stockholders Meeting

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced the results of the Company's Annual Meeting of Stockholders held virtually via webcast...

4 days ago - Business Wire

Primoris Services Corporation Schedules First Quarter 2025 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report first quarter 2025 financial results on Monday, May 5, 2025, after mark...

13 days ago - Business Wire

Primoris Services Corporation Announces Leadership Changes

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interi...

7 weeks ago - Business Wire

Primoris Services Corporation to Participate in Investor Conferences

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in two institutional investor conf...

7 weeks ago - Business Wire

Primoris: Some Admirable Facets, But Going Through Some Wobbles

Primoris Services Corporation has surged by 55% over the past year, outperforming its Russell 2000 peers and infrastructure sector counterparts quite handsomely. We touch upon some of the alluring fac...

2 months ago - Seeking Alpha

Primoris Services Corporation (PRIM) Q4 2024 Earnings Call Transcript

Primoris Services Corporation (NYSE:PRIM) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Thomas McCormick - P...

2 months ago - Seeking Alpha

Primoris Services Corporation Reports Fourth Quarter and Full Year 2024 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2024, and pr...

2 months ago - Business Wire

Primoris Services Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report fourth quarter and full year 2024 financial results on Monday, February...

3 months ago - Business Wire

Primoris Services Corporation Promotes Jeremy Kinch to Chief Operations Support Officer

DALLAS--(BUSINESS WIRE)--(NYSE: PRIM) (“Primoris” or “the Company”), a premier specialty contractor providing critical infrastructure services, announced today that Jeremy Kinch, previously President ...

4 months ago - Business Wire

Undercovered Dozen: Natera, Lloyds Banking Group, Eaton, Primoris Services +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering diverse investment opportunities and encouraging discussion among investors. Ready Capital Corporation's new senior notes ...

Other symbols: LYGNTRA
4 months ago - Seeking Alpha

Primoris Services Corporation (PRIM) Q3 2024 Earnings Call Transcript

Primoris Services Corporation (NYSE:PRIM) Q3 2024 Results Conference Call November 5, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - Presiden...

6 months ago - Seeking Alpha

Primoris Services Corporation Reports Third Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2024 and provided comments...

6 months ago - Business Wire

Primoris Services Corporation Schedules Third Quarter 2024 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it will report third quarter 2024 financial results on Monday, November 4, 2024, after...

6 months ago - Business Wire

Primoris Is A Politically Neutral Renewables Infrastructure Value Play

Shrill political rhetoric supporting and opposing climate change, renewables, etc.

7 months ago - Seeking Alpha

Premier PV, a Primoris Services Corporation Company, Reaches $55 Million in Backlog

DALLAS--(BUSINESS WIRE)--Premier PV, part of specialty contractor Primoris Services Corporation's (NYSE: PRIM) (“Primoris” or the “Company”) family of companies, announced today that it has reached ov...

9 months ago - Business Wire

Primoris Q2: Exceptional Even If AI Demand Slows

Primoris Services Corporation had another strong quarter, fueled by growth in the energy segment and investments in renewable energy and AI-driven utility needs. Revenue of $1.563 billion, beating exp...

9 months ago - Seeking Alpha

Primoris Services Corporation (PRIM) Q2 2024 Earnings Call Transcript

Primoris Services Corporation (NYSE:PRIM) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - President ...

9 months ago - Seeking Alpha

Primoris Services Corporation Reports Second Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2024 and provided comments on ...

9 months ago - Business Wire

Primoris Services Corporation Schedules Second Quarter 2024 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it will report second quarter 2024 financial results on Monday, August 5, 2024, after ...

10 months ago - Business Wire

Primoris Services Corporation Receives Project Awards Valued at Approximately $1.2 Billion

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced several awards with a combined value of approximately $1.2 billion secured by the Comp...

10 months ago - Business Wire

Primoris Services: Tailwinds From Solar, Sales Growth Underappreciated

Primoris Services Corporation is a Dallas-based company providing infrastructure services in the U.S. and Canada, with a focus on the energy business. The company's involvement in data centers and ren...

10 months ago - Seeking Alpha

Primoris Services Corporation (PRIM) Q1 2024 Earnings Call Transcript

Primoris Services Corporation (NYSE:PRIM) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Tom McCormick - President a...

1 year ago - Seeking Alpha

Primoris Services Corporation Reports First Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2024 and provided comments on ...

1 year ago - Business Wire