Primoris Services Corporation (PRIM)

NYSE: PRIM · IEX Real-Time Price · USD
43.38
+0.25 (0.58%)
Apr 19, 2024, 3:32 PM EDT - Market open
0.58%
Market Cap 2.33B
Revenue (ttm) 5.72B
Net Income (ttm) 126.15M
Shares Out 53.62M
EPS (ttm) 2.33
PE Ratio 18.45
Forward PE 15.24
Dividend $0.24 (0.55%)
Ex-Dividend Date Mar 27, 2024
Volume 300,296
Open 43.08
Previous Close 43.13
Day's Range 42.86 - 44.15
52-Week Range 23.48 - 47.87
Beta 1.19
Analysts Strong Buy
Price Target 53.67 (+23.72%)
Earnings Date May 8, 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 3 analysts, the average rating for PRIM stock is "Strong Buy." The 12-month stock price forecast is $53.67, which is an increase of 23.72% from the latest price.

Price Target
$53.67
(23.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

23 hours ago - Business Wire

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....

16 days ago - Business Wire

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...

6 weeks 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...

7 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...

2 months 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 ...

2 months 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...

5 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...

6 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 ...

9 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...

10 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...

11 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 ...

1 year 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...

1 year 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