Primoris Services Corporation (PRIM)
Market Cap | 3.09B |
Revenue (ttm) | 6.37B |
Net Income (ttm) | 180.89M |
Shares Out | 53.92M |
EPS (ttm) | 3.31 |
PE Ratio | 17.30 |
Forward PE | 13.29 |
Dividend | $0.32 (0.56%) |
Ex-Dividend Date | Mar 31, 2025 |
Volume | 775,505 |
Open | 57.60 |
Previous Close | 57.55 |
Day's Range | 56.27 - 57.98 |
52-Week Range | 40.74 - 90.86 |
Beta | 1.14 |
Analysts | Strong Buy |
Price Target | 89.14 (+55.65%) |
Earnings Date | May 7, 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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $89.14, which is an increase of 55.65% from the latest price.
News

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...

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...

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...

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...

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...

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...

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 ...

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 ...

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...

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...

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...

Primoris Is A Politically Neutral Renewables Infrastructure Value Play
Shrill political rhetoric supporting and opposing climate change, renewables, etc.

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...

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...

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 ...

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 ...

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 ...

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...

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...

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...

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 ...

Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2024 financial results on Wednesday, May 8, 2024, after m...

Primoris Services Corporation to Host 2024 Investor Day
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) is hosting an Investor Day from New York City on Wednesday, April 3, 2024. The event is scheduled to begin at approximately 10:00 a....

Primoris: AI Power Play
Primoris Services Corporation has demonstrated strong execution and solid operating results, positioning the company to capitalize on the green energy transition and AI-driven demand for data center p...

Primoris Services Corporation to Provide Strategic Update and Financial Targets
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”), a leading provider of critical infrastructure services to the utility, energy, and renewables markets...