Primoris Services Corporation (PRIM)

NYSE: PRIM · IEX Real-Time Price · USD
42.57
+0.57 (1.36%)
Mar 28, 2024, 4:00 PM EDT - Market closed
1.36%
Market Cap 2.28B
Revenue (ttm) 5.72B
Net Income (ttm) 126.15M
Shares Out 53.62M
EPS (ttm) 2.33
PE Ratio 18.27
Forward PE 14.99
Dividend $0.24 (0.56%)
Ex-Dividend Date Mar 27, 2024
Volume 548,004
Open 42.17
Previous Close 42.00
Day's Range 42.17 - 43.06
52-Week Range 23.48 - 43.05
Beta 1.19
Analysts Buy
Price Target 41.50 (-2.51%)
Earnings Date May 7, 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... [Read more]

Sector Industrials
CEO Thomas E. McCormick
Employees 14,058
Stock Exchange NYSE
Ticker Symbol PRIM
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PRIM stock is "Buy." The 12-month stock price forecast is $41.5, which is a decrease of -2.51% from the latest price.

Price Target
$41.5
(-2.51% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

22 days ago - Business Wire

Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 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, 2023 and pro...

4 weeks ago - Business Wire

Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 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 2023 financial results on Monday, February...

7 weeks ago - Business Wire

Primoris Services Corporation Receives Projects Valued at Approximately $1.1 Billion

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced several awards with a combined value of approximately $1.1 billion secured by the Company's ...

7 weeks ago - Business Wire

Primoris Services Corporation Receives Projects Valued Over $800 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it received several awards with a combined value over $800 million secured by the Comp...

4 months 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...

4 months ago - Business Wire

Primoris Services Corporation Reports Third Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2023 and provided comments...

5 months ago - Business Wire

Primoris Services Corporation Schedules Third Quarter 2023 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it will report third quarter 2023 financial results on Tuesday, November 7, 2023, afte...

5 months ago - Business Wire

Primoris Services Corporation Receives Solar Project Awards Estimated Value $230 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it received solar project awards with a combined value of approximately $230 million. ...

6 months ago - Business Wire

Primoris Services Corporation Reports Second Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2023 and provided comments on ...

8 months ago - Business Wire

Primoris Services Corporation Schedules Second Quarter 2023 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it will report second quarter 2023 financial results on Monday, August 7, 2023, after ...

9 months ago - Business Wire

Primoris Services Corporation Awarded Solar Projects with an Estimated Value of $770 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it received solar projects with a combined estimated value of approximately $770 milli...

9 months ago - Business Wire

Primoris Services Corporation Receives Projects Valued Over $650 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it received several awards with a combined value over $650 million by the Company's En...

10 months ago - Business Wire

Primoris Services Corporation Reports First Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2023 and provided comments on ...

11 months 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...

11 months ago - Business Wire

Primoris Services Corporation Schedules First Quarter 2023 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2023 financial results on Tuesday, May 9, 2023, after mar...

1 year ago - Business Wire

Primoris Services Corporation Receives Renewables Projects Valued Over $200 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “Company”) received two renewables awards with a combined value over $200 million. The Company's Energy Segment secur...

1 year ago - Business Wire

Primoris Services Corporation Announces Transfer of Listing of Common Stock to the New York Stock Exchange

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that it will transfer the listing of its common stock from The Nasdaq ...

1 year ago - Business Wire

Primoris Services Corporation to Participate in Institutional Investor Conference

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company's management team will participate in the UBS 17th An...

1 year ago - Business Wire

Primoris Services Corporation Reports Fourth Quarter and Full Year 2022 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2022 an...

1 year ago - Business Wire

Primoris Services Corporation Awarded Solar Projects, Estimated Value $290 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced multiple solar project awards with an estimated value of $290 millio...

1 year ago - Business Wire

Primoris Services Corporation Reports Third Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2022 and confirmed th...

1 year ago - Business Wire

Primoris Services Corporation to Participate in Institutional Investor Conferences

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company's management team will participate in two institution...

1 year ago - Business Wire

Primoris Services Corporation Secures Contracts Valued at Approximately $400 Million in the Energy/Renewables Segment

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced it was awarded seven projects secured by the Energy/Renewables segment with ...

1 year ago - Business Wire

Primoris Services Corporation Schedules Third Quarter 2022 Earnings Conference Call and Webcast

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) will report third quarter 2022 financial results on Monday, November 7, 2022, after ma...

1 year ago - Business Wire