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NASDAQ:PRIM

Primoris Services (PRIM) Stock Price, News & Analysis

$48.72
-1.43 (-2.85%)
(As of 09/6/2024 ET)
Today's Range
$48.34
$50.61
50-Day Range
$47.42
$56.57
52-Week Range
$28.96
$57.72
Volume
595,426 shs
Average Volume
553,678 shs
Market Capitalization
$2.61 billion
P/E Ratio
18.38
Dividend Yield
0.49%
Price Target
$53.67

Primoris Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
10.2% Upside
$53.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.97
Upright™ Environmental Score
News Sentiment
1.08mentions of Primoris Services in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$341,521 Sold Last Quarter
Proj. Earnings Growth
20.92%
From $2.82 to $3.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.61 out of 5 stars

Construction Sector

47th out of 99 stocks

Water, Sewer, & Utility Lines Industry

3rd out of 4 stocks

PRIM stock logo

About Primoris Services Stock (NASDAQ: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 engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

PRIM Stock Price History

PRIM Stock News Headlines

GVA Mar 2025 40.000 put (GVA250321P00040000)
EXPOSED: Hotspot Dates for popular stocks
Did you know almost every stock in the market has multiple “Hotspot Dates”? They indicate when the stock has gone up on the same dates… at the same time… FOR DECADES For example, have you ever traded a stock called Constellation Energy (ticker: CEG)? Maybe not… Energy stocks haven’t received much love over the past 12 months. But anybody who knew about the “Hotspot Date” during the last week in January…
PRIM Sep 2024 60.000 put (PRIM240920P00060000)
Dycom (DY) Receives a Rating Update from a Top Analyst
Primoris Q2: Exceptional Even If AI Demand Slows
Primoris (NYSE:PRIM) Beats Q2 Sales Targets
EXPOSED: Hotspot Dates for popular stocks
Did you know almost every stock in the market has multiple “Hotspot Dates”? They indicate when the stock has gone up on the same dates… at the same time… FOR DECADES For example, have you ever traded a stock called Constellation Energy (ticker: CEG)? Maybe not… Energy stocks haven’t received much love over the past 12 months. But anybody who knew about the “Hotspot Date” during the last week in January…
Primoris Services Corp.
PRIMORIS SERVICES CORP. (1PM.BE)
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
8/05/2024
Today
9/07/2024
Ex-Dividend for 10/11 Dividend
9/27/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:PRIM
CUSIP
74164F10
Fax
N/A
Employees
14,058
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$53.67
High Stock Price Target
$63.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$126.14 million
Pretax Margin
3.61%

Debt

Sales & Book Value

Annual Sales
$5.72 billion
Cash Flow
$4.23 per share
Book Value
$23.17 per share

Miscellaneous

Free Float
52,889,000
Market Cap
$2.61 billion
Optionable
Optionable
Beta
1.07

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Key Executives

  • Mr. Thomas E. McCormick (Age 62)
    CEO, President & Director
    Comp: $2.37M
  • Mr. Kenneth M. Dodgen CPA (Age 58)
    Executive VP & CFO
    Comp: $1.36M
  • Mr. John M. Perisich (Age 59)
    Executive VP, Chief Legal & Administrative Officer and Secretary
    Comp: $1.37M
  • Mr. Travis L. Stricker (Age 53)
    Chief Accounting Officer & Senior VP of Finance
  • Mr. Chad Haxton
    Chief Information Officer
  • Blake Holcomb
    Vice President of Investor Relations
  • Ms. Rhonda Anderson
    Chief Human Resources Officer

PRIM Stock Analysis - Frequently Asked Questions

How have PRIM shares performed this year?

Primoris Services' stock was trading at $33.21 on January 1st, 2024. Since then, PRIM stock has increased by 46.7% and is now trading at $48.72.
View the best growth stocks for 2024 here
.

How were Primoris Services' earnings last quarter?

Primoris Services Co. (NASDAQ:PRIM) issued its quarterly earnings results on Monday, August, 5th. The construction company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.39. The firm's quarterly revenue was up 10.6% on a year-over-year basis.

What is Brian Pratt's approval rating as Primoris Services' CEO?

23 employees have rated Primoris Services Chief Executive Officer Brian Pratt on Glassdoor.com. Brian Pratt has an approval rating of 71% among the company's employees.

Does Primoris Services have any subsidiaries?

The following companies are subsidiaries of Primoris Services: Future Infrastructure, Willbros Group, Coastal Field Services, Florida Gas Contractors, Northern Energy & Power, Mueller Concrete Construction Company, Aevenia Inc., and more.

Who are Primoris Services' major shareholders?

Primoris Services' top institutional shareholders include Dimensional Fund Advisors LP (6.68%), Van Berkom & Associates Inc. (2.58%), Marshall Wace LLP (1.05%) and LSV Asset Management (0.76%). Insiders that own company stock include Thomas Edward Mccormick, David Lee King, Carla S Mashinski, John F Moreno Jr, Travis L Stricker, Stephen C Cook and John M Perisich.
View institutional ownership trends
.

How do I buy shares of Primoris Services?

Shares of PRIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Primoris Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Primoris Services investors own include InterDigital (IDCC), Bank of Hawaii (BOH), STAG Industrial (STAG), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Intel (INTC) and Marathon Petroleum (MPC).

This page (NASDAQ:PRIM) was last updated on 9/7/2024 by MarketBeat.com Staff

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