Primoris Services Corporation (PRIM)

NASDAQ: PRIM · IEX Real-Time Price · USD
24.98
-0.31 (-1.23%)
Jan 28, 2022 3:15 PM EST - Market open
Market Cap1.34B
Revenue (ttm)3.51B
Net Income (ttm)118.00M
Shares Out53.82M
EPS (ttm)2.28
PE Ratio10.94
Forward PE9.23
Dividend$0.24 (0.96%)
Ex-Dividend DateDec 30, 2021
Volume406,549
Open25.34
Previous Close25.29
Day's Range24.56 - 25.37
52-Week Range21.47 - 41.76
Beta1.26
AnalystsBuy
Price Target33.29 (+33.3%)
Earnings DateFeb 21, 2022

About PRIM

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates in five segments: Power, Industrial, and Engineering; Pipeline and Underground; Utilities and Distribution; Transmission and Distribution; and Civil. The Power, Industrial, and Engineering segment offers engineering, procurement, construction, retrofit, upgrade, repair, outage, and maintenance services for entities in the petroleum and petroc...

IndustryConstruction & Engineering
CEOThomas McCormick
Employees10,414
Stock ExchangeNASDAQ
Ticker SymbolPRIM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PRIM stock is "Buy." The 12-month stock price forecast is 33.29, which is an increase of 33.27% from the latest price.

Price Target
$33.29
(33.27% upside)
Analyst Consensus: Buy

News

Final Trades: MP, GLD, TGT & PRIM

Retail takes a hit. With CNBC's Tyler Mathisen and the Fast Money traders, Steve Grasso, Pete Najarian, Jeff Mills and Nadine Terman.

Other symbols:GLDMPTGT
1 week ago - CNBC Television

Primoris Services Corporation to Present at the Sidoti & Company, LLC 2022 Winter Investor Conference

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation to Present at the Sidoti & Company, LLC 2022 Winter Investor Conference

3 weeks ago - Business Wire

Primoris Services Corporation Secures Solar Project Valued Over $370 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a solar award with an estimated value of more than $370 million. The contrac...

3 weeks ago - Business Wire

Primoris Services Corporation to Present at the CJS Securities 22nd Investor Conference

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation to Present at the CJS Securities 22nd Investor Conference

4 weeks ago - Business Wire

Primoris (PRIM) Wins Multi-Year MSA for Utilities Segment

Primoris Services' (PRIM) Utilities segment to work on two multi-year gas distribution projects in California.

1 month ago - Zacks Investment Research

Primoris Services Corporation Announces Over $225 Million in Utilities Segment Awards

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new Master Service Agreements (“MSA”) totaling over $225 million for gas...

1 month ago - Business Wire

Primoris (PRIM) Wins Heavy Civil Deals, Aids Renewables Unit

Primoris Services (PRIM) receives two contracts for the construction of highway and replacement of a bridge, thereby fortifying the Energy/Renewables unit.

1 month ago - Zacks Investment Research

Primoris Services Energy/Renewables Segment Bags $32M In Contracts

Primoris Services Corp (NASDAQ: PRIM) has received two heavy civil awards with a combined value of more than $32 million. The projects were secured by Energy/Renewables Segment and awarded by the Texas ...

1 month ago - Benzinga

Primoris Services Corporation Awarded Contracts Valued Over $32 Million in Energy/Renewables Segment

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Awarded Contracts Valued Over $32 Million in Energy/Renewables Segment

1 month ago - Business Wire

Primoris Procures ~$425M In Solar Project Awards

Primoris Services Corp's (NASDAQ: PRIM) Energy/Renewables Segment has received two solar project awards with an estimated value of $425 million. These awards are for the engineering, procurement, and co...

1 month ago - Benzinga

Primoris (PRIM) Wins $520M Heavy Civil Contracts, Aids Backlog

Primoris Services' (PRIM) Energy/Renewables segment receives two heavy civil contracts.

1 month ago - Zacks Investment Research

Primoris Services Corporation Receives Approximately $425 Million in Solar Project Awards

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Receives Approximately $425 Million in Solar Project Awards

1 month ago - Business Wire

Primoris Bags $520M In Contracts From Louisiana Department Of Transportation And Development

Primoris Services Corp (NASDAQ: PRIM) has received two heavy civil awards with a combined value of more than $520 million. The Gulf Coast projects, secured by the company's Energy/Renewables Segment, we...

1 month ago - Benzinga

Primoris Services Corporation Awarded Contracts Valued Over $520 Million in Energy/Renewables Segment

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Awarded Contracts Valued Over $520 Million in Energy/Renewables Segment

1 month ago - Business Wire

Goldman Sachs Turns Bearish On This Specialty Contractor Company - Read Why

Goldman Sachs analyst Jerry Revich downgraded Primoris Services Corp (NASDAQ:PRIM) to Sell from Neutral with a price target of $24 (a downside of 5%), down from $27. Revich cut 2022 and 2023 earnings fu...

2 months ago - Benzinga

Primoris Services (PRIM) Q3 Earnings Surpass Estimates

Primoris Services (PRIM) delivered earnings and revenue surprises of 11.25% and -9.85%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Recap: Primoris Services Q3 Earnings

Primoris Services (NASDAQ:PRIM) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

2 months ago - Benzinga

Primoris Services Corporation Reports Third Quarter 2021 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Reports Third Quarter 2021 Results

2 months ago - Business Wire

Primoris Services's Earnings Outlook

Primoris Services (NASDAQ:PRIM) is set to give its latest quarterly earnings report on Monday, 2021-11-08. Here's what investors need to know before the announcement.

2 months ago - Benzinga

Primoris Services Corporation Receives Solar Project Award

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Receives Solar Project Award; Estimated Value of $130 Million

2 months ago - Business Wire

Primoris Services Corporation Board Members David L. King and Jose R.

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Board Members David L. King and Jose R. Rodriguez Recognized as NACD Directorship Certified

2 months ago - Business Wire

Analysts Estimate Primoris Services (PRIM) to Report a Decline in Earnings: What to Look Out for

Primoris Services (PRIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Primoris Services Corporation to Participate in the Baird 2021 Global Industrial Virtual Conference

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation to Participate in the Baird 2021 Global Industrial Virtual Conference

3 months ago - Business Wire

Primoris Bags $115M In Energy/Renewables Segment Contracts

Primoris Services Corp (NASDAQ: PRIM) has secured seven heavy civil awards with a combined value of over $115 million.  The projects were procured by the company's Energy/Renewables Segment and are loca...

3 months ago - Benzinga

Primoris Services Corporation Awarded More Than $115 Million In Energy/Renewables Segment Contracts

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation Awarded More Than $115 Million In Energy/Renewables Segment Contracts

3 months ago - Business Wire