Primoris Services Corporation (PRIM)

NASDAQ: PRIM · IEX Real-Time Price · USD
26.21
-0.27 (-1.02%)
Feb 3, 2023, 4:00 PM EST - Market closed
-1.02%
Market Cap 1.39B
Revenue (ttm) 3.98B
Net Income (ttm) 120.94M
Shares Out 53.11M
EPS (ttm) 2.24
PE Ratio 11.70
Forward PE 7.67
Dividend $0.24 (0.92%)
Ex-Dividend Date Dec 29, 2022
Volume 166,942
Open 26.20
Previous Close 26.48
Day's Range 26.02 - 26.41
52-Week Range 15.90 - 27.94
Beta 1.22
Analysts Buy
Price Target 27.56 (+5.15%)
Earnings Date Feb 27, 2023

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 through three segments: Utilities, Energy/Renewables, and Pipeline Services. 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, i... [Read more]

Sector Industrials
CEO Thomas McCormick
Employees 10,810
Stock Exchange NASDAQ
Ticker Symbol PRIM
Full Company Profile

Financial Performance

In 2021, PRIM's revenue was $3.50 billion, an increase of 0.18% compared to the previous year's $3.49 billion. Earnings were $115.61 million, an increase of 10.13%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for PRIM stock is "Buy." The 12-month stock price forecast is $27.56, which is an increase of 5.15% from the latest price.

Price Target
$27.56
(5.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 month ago - Business Wire

Primoris Services (PRIM) Q3 Earnings and Revenues Surpass Estimates

Primoris Services (PRIM) delivered earnings and revenue surprises of 25.84% and 6.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

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...

3 months 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...

3 months 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 ...

3 months ago - Business Wire

Ranking the 7 Top Small-Cap Stocks to Buy From Best to Worst

These top small-cap stocks to buy present daring investors with significant upside. Fundamentally, companies with a relatively diminutive profile typically command higher growth potential.

Other symbols: CAPLLZBRGRSPNTEBS
3 months ago - InvestorPlace

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...

3 months ago - Business Wire

Should Value Investors Buy Primoris Services (PRIM) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

4 months ago - Zacks Investment Research

Is Primosris Services (PRIM) a Great Pick for Value Investors?

Is Primosris Services (PRIM) a great pick from the value investor's perspective right now? Read on to know more.

4 months ago - Zacks Investment Research

Why You Should Buy Primoris (PRIM) Despite Stock Decline

Primoris Services (PRIM) to gain on strong project execution and continuous contract flow.

4 months ago - Zacks Investment Research

Are Investors Undervaluing Primoris Services (PRIM) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

5 months ago - Zacks Investment Research

Primoris Services Corporation to Participate in September 2022 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...

5 months ago - Business Wire

Primoris (PRIM) Secures $120M Pipeline Deal, Boosts Backlog

This pipeline award will enable Primoris Services (PRIM) to build 60 miles of pipeline in Texas, fortifying its Pipeline Services segment.

5 months ago - Zacks Investment Research

Primoris Services Corporation Awarded Pipeline Project, Valued Over $120 Million

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today a pipeline award valued over $120 million. The contract was secured by...

5 months ago - Business Wire

Can GMS be Able to Retain Beat Streak This Earnings Season?

Strong residential end markets and favorable pricing are likely to reflect on GMS' fiscal Q1 performance.

Other symbols: ACAGMSROCK
5 months ago - Zacks Investment Research

Primoris (PRIM) $270M Solar Deal to Aid Energy/Renewables Arm

Primoris (PRIM) receives a contract for the utility-scale solar facility in the Southwest, fortifying the Energy/Renewables unit.

5 months ago - Zacks Investment Research

Primoris Services Corporation Awarded $270 Million Solar Project

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced a solar project award with an estimated value of $270 million. The con...

5 months ago - Business Wire

Is Primoris Services (PRIM) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

6 months ago - Zacks Investment Research

Primoris Services (PRIM) Q2 Earnings Lag Estimates

Primoris Services (PRIM) delivered earnings and revenue surprises of -18.64% and 9%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Primoris Services Corporation Reports Second Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2022 and provided the Com...

6 months ago - Business Wire

Primoris Services Corporation Completes PLH Group Acquisition

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”), a leading provider of specialty contracting services in North America, announced toda...

6 months ago - Business Wire

Is Primoris Services (PRIM) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

6 months ago - Zacks Investment Research

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

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced its plans to release financial results for the second quarter 2022 on ...

6 months ago - Business Wire

2 Heavy Construction Stocks to Buy Despite Industry Challenges

Growth across telecommunications, transmission, renewable energy and power generation businesses is set to benefit DY and PRIM from the Zacks Building Products - Heavy Construction industry despite ri...

Other symbols: DY
7 months ago - Zacks Investment Research

Primoris (PRIM) Wins $170M Heavy Civil Project, Aids Backlog

Primoris Services (PRIM) receives a contract from the Texas Department of Transportation, fortifying the Energy/Renewables unit.

7 months ago - Zacks Investment Research