View Financial HealthPrimoris Services 배당 및 자사주 매입배당 기준 점검 0/6Primoris Services 은(는) 현재 수익률이 0.27% 인 배당금 지급 회사입니다. 다음 지급일은 15th July, 2026 이며 배당락일은 다음과 같습니다. 30th June, 2026.핵심 정보0.3%배당 수익률0.3%자사주 매입 수익률총 주주 수익률0.6%미래 배당 수익률0.3%배당 성장률3.0%다음 배당 지급일15 Jul 26배당락일30 Jun 26주당 배당금n/a배당 성향7%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 20First quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 11%.공시 • Nov 04+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on January 15, 2026Primoris Services Corporation announced that on October 29, 2025, its Board of Directors declared an $0.08 per share cash dividend to stockholders of record on December 31, 2025, payable on approximately January 15, 2026.공시 • Feb 25+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately April 15, 2025Primoris Services Corporation announced that on February 19, 2025, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on March 31, 2025, payable on approximately April 15, 2025.공시 • Nov 05+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 15, 2025Primoris Services Corporation announced that on October 30, 2024, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on December 31, 2024, payable on approximately January 15, 2025. This represents an increase from the previous declared dividend of $0.06 per share.Upcoming Dividend • Sep 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%).Declared Dividend • Aug 12Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%.모든 업데이트 보기Recent updatesDeclared Dividend • May 20First quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 11%.공시 • May 08Primoris Services Corporation Updates Earnings Guidance for the Year Ending December 31, 2026Primoris Services Corporation updated its earnings guidance for the year ending December 31, 2026. For the period, the company expects Net income is expected to be between $223.0 million and $234.0 million. Earnings per Share (“EPS”) is expected to be between $4.05 and $4.25 per fully diluted share.공시 • Apr 22Primoris Services Corporation to Report Q1, 2026 Results on May 05, 2026Primoris Services Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026공시 • Apr 01Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million.Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million on March 31, 2026. The transaction was funded through borrowings under an amended credit agreement with the Company’s existing bank group of $400 million. The transaction has been unanimously approved by the Board of Directors of Primoris Services Corporation. The transaction is expected to close in the second quarter of 2026. The transaction is subject to the receipt of regulatory approvals and other customary closing conditions. Weil, Gotshal & Manges LLP acted as legal advisor for Primoris Services Corporation. FMI Capital Advisors, Inc. acted as financial advisor and Lewis Rice LLC acted as legal advisor for PayneCrest Electric and Communications, Inc.공시 • Mar 19Primoris Services Corporation, Annual General Meeting, Apr 30, 2026Primoris Services Corporation, Annual General Meeting, Apr 30, 2026.공시 • Feb 24+ 1 more updatePrimoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2026Primoris Services Corporation provided earnings guidance for the year ending December 31, 2026. Net income is expected to be between $294.0 million and $305.0 million. Earnings per Share (“EPS”) is expected to be between $5.35 and $5.55 per fully diluted share.공시 • Feb 11Primoris Services Corporation to Report Q4, 2025 Results on Feb 23, 2026Primoris Services Corporation announced that they will report Q4, 2025 results After-Market on Feb 23, 2026공시 • Nov 04+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on January 15, 2026Primoris Services Corporation announced that on October 29, 2025, its Board of Directors declared an $0.08 per share cash dividend to stockholders of record on December 31, 2025, payable on approximately January 15, 2026.공시 • Oct 22Primoris Services Corporation to Report Q3, 2025 Results on Nov 03, 2025Primoris Services Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025공시 • Oct 08+ 1 more updatePrimoris Services Corporation Announces Chief Executive Officer ChangesPrimoris Services Corporation on October 6, 2025 announced its Board of Directors has appointed Koti Vadlamudi as President and Chief Executive Officer (CEO) effective November 10, 2025. He succeeds David King, who has served as Interim CEO since March 20, 2025, will continue to serve as Chairman of Primoris’ Board of Directors. Mr. Vadlamudi, age 55, is a seasoned engineering and construction executive with over 30 years of global experience leading operations, business development, and strategic growth across public and private sectors. He joins Primoris from a thirty-year career at Jacobs, where he most recently served as Executive Vice President of Operations. There, he oversaw projects and led operations across multiple business units throughout the U.S. and internationally, spanning the data center, energy, life sciences, semiconductor, environmental, and government sectors. Mr. Vadlamudi is a seasoned engineering and construction executive with over 30 years of global experience leading operations, business development, and strategic growth across public and private sectors. His industry expertise spans energy and power, oil and gas, mission-critical facilities, consumer products, and life sciences. Prior to joining Primoris, he most recently served as Executive Vice President at Jacobs, overseeing multi-billion-dollar global business segments. Mr. Vadlamudi is recognized for his expertise in driving enterprise growth, acquisition integration, project delivery, client relationships, and operational leadership across complex, high-value programs. A well-regarded leader, he has a consistent track record of driving results in challenging market conditions, leading high-performing and multidisciplinary teams, championing a robust safety culture, and delivering long-term value to clients and stakeholders. . Vadlamudi has served since January 2025 as Executive Vice President at Jacobs Solutions Inc. Previously, he held senior leadership roles of increasing responsibility at Jacobs, including Managing Director and Senior Vice President for Advanced Facilities from September 2019 to January 2025, and Regional Vice President of Buildings and Infrastructure and Downstream Operations and President and General Manager of Canadian Upstream Oil and Gas prior thereto.공시 • Aug 05+ 1 more updatePrimoris Services Corporation Raises Earnings Guidance for the Year Ending December 31, 2025Primoris Services Corporation raised earnings guidance for the year ending December 31, 2025. For the period, the company's Net income is expected to be between $241.0 million and $252.0 million, or $4.40 and $4.60 per fully diluted share.공시 • Jul 23Primoris Services Corporation to Report Q2, 2025 Results on Aug 04, 2025Primoris Services Corporation announced that they will report Q2, 2025 results After-Market on Aug 04, 2025공시 • May 06+ 1 more updatePrimoris Services Corporation Maintains Earnings Guidance for Year Ending December 31, 2025Primoris Services Corporation maintained earnings guidance for year ending December 31, 2025. For the period, the company expects Net income to be between $203.3 million and $214.3 million. Earnings per Share is expected to be between $3.70 and $3.90 per fully diluted share.공시 • May 02Primoris Services Corporation Appoints Harpreet Saluja as DirectorPrimoris Services Corporation at its AGM held on April 30, 2025 appointed Harpreet Saluja as director.공시 • Apr 23Primoris Services Corporation to Report Q1, 2025 Results on May 05, 2025Primoris Services Corporation announced that they will report Q1, 2025 results After-Market on May 05, 2025공시 • Apr 11Primoris Services Corporation, Annual General Meeting, Apr 30, 2025Primoris Services Corporation, Annual General Meeting, Apr 30, 2025. Location: 2300 n. field street, suite 1900, texas 75201, dallas, United States공시 • Mar 15+ 1 more updatePrimoris Services Corporation Announces CEO ChangesPrimoris Services Corporation announced that David King, Chairman and prior Chief Executive Officer, has been named Interim Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates.공시 • Feb 25+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately April 15, 2025Primoris Services Corporation announced that on February 19, 2025, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on March 31, 2025, payable on approximately April 15, 2025.공시 • Feb 06Primoris Services Corporation to Report Q4, 2024 Results on Feb 24, 2025Primoris Services Corporation announced that they will report Q4, 2024 results After-Market on Feb 24, 2025공시 • Jan 08Primoris Services Corporation Announces Executive PromotionsPrimoris Services Corporation announced that Jeremy Kinch, previously President of Energy, has been promoted to Chief Operations Support Officer. In this new role, Mr. Kinch will oversee operational support functions including information technology, real estate, fleet, project services and health, safety and environment. Mr. Kinch has over twenty-five years’ experience in the infrastructure construction services industry in the United States and Canada. Prior to joining Primoris in 2018, Mr. Kinch served in diverse roles of increasing responsibility culminating in serving as president and chief operating officer of Willbros Canada, a subsidiary of Willbros Group Inc., until the Primoris acquisition of Willbros in 2018. Leading up to his tenure with Willbros Group Inc., Mr. Kinch served in a variety of technical and leadership roles on mining, hydropower and municipal infrastructure construction projects. He holds a Bachelor of Science degree in Geological Engineering from Queen’s University in Kingston, Ontario, Canada. Heath Moncrief has been promoted to President of Energy at Primoris leading the industrial services, heavy civil and pipeline businesses. Mr. Moncrief previously served as the Senior Vice President of Primoris Industrial Construction since 2020. Mr. Moncrief has over twenty years of experience in infrastructure construction services and prior to his time at Primoris served in various leadership roles at McDermott and CB&I managing construction operations for industrial projects.Recent Insider Transactions • Nov 12Independent Director recently sold €1.5m worth of stockOn the 7th of November, John Schauerman sold around 20k shares on-market at roughly €74.05 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months.공시 • Nov 05+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 15, 2025Primoris Services Corporation announced that on October 30, 2024, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on December 31, 2024, payable on approximately January 15, 2025. This represents an increase from the previous declared dividend of $0.06 per share.공시 • Oct 23Primoris Services Corporation to Report Q3, 2024 Results on Nov 04, 2024Primoris Services Corporation announced that they will report Q3, 2024 results After-Market on Nov 04, 2024Upcoming Dividend • Sep 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%).Recent Insider Transactions • Sep 15Independent Director recently sold €1.2m worth of stockOn the 12th of September, John Schauerman sold around 25k shares on-market at roughly €48.98 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months.Declared Dividend • Aug 12Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%.Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$0.92 (vs US$0.73 in 2Q 2023)Second quarter 2024 results: EPS: US$0.92 (up from US$0.73 in 2Q 2023). Revenue: US$1.56b (up 11% from 2Q 2023). Net income: US$49.5m (up 27% from 2Q 2023). Profit margin: 3.2% (up from 2.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 06+ 1 more updatePrimoris Services Corporation Revises Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation revised earnings guidance for the year ending December 31, 2024. Net income is expected to be between $148.5 million and $159.5 million, or $2.70 and $2.90 per fully diluted share.공시 • Jul 23Primoris Services Corporation to Report Q2, 2024 Results on Aug 05, 2024Primoris Services Corporation announced that they will report Q2, 2024 results After-Market on Aug 05, 2024Buy Or Sell Opportunity • Jul 22Now 20% undervaluedOver the last 90 days, the stock has risen 18% to €49.00. The fair value is estimated to be €61.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Jul 02Now 29% undervaluedOver the last 90 days, the stock has risen 15% to €45.60. The fair value is estimated to be €64.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Jun 26Now 21% undervaluedOver the last 90 days, the stock has risen 27% to €48.40. The fair value is estimated to be €61.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock has risen 30% to €48.20. The fair value is estimated to be €60.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Director Michael Ching was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock has risen 28% to €46.40. The fair value is estimated to be €58.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Recent Insider Transactions • May 15CEO, President & Director recently sold €459k worth of stockOn the 10th of May, Thomas McCormick sold around 10k shares on-market at roughly €45.93 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €761k. Thomas has been a net seller over the last 12 months, reducing personal holdings by €2.1m.Declared Dividend • May 13First quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 7%.공시 • May 10Primoris Services Corporation Maintains Unaudited Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation maintained unaudited earnings guidance for the year ending December 31, 2024. For the period, the company estimates net income to be $137,500,000 to $148,500,000. Earnings per share diluted to be between $2.50 and $2.70.공시 • May 09+ 1 more updatePrimoris Services Corporation Reports Impairment Charges for the First Quarter Ended March 31, 2024Primoris Services Corporation reported impairment charges for the first quarter ended March 31, 2024. For the quarter, the company reported impairment of fixed assets of $1,549,000.공시 • Apr 20Primoris Services Corporation to Report Q1, 2024 Results on May 08, 2024Primoris Services Corporation announced that they will report Q1, 2024 results After-Market on May 08, 2024공시 • Mar 23Primoris Services Corporation, Annual General Meeting, May 01, 2024Primoris Services Corporation, Annual General Meeting, May 01, 2024, at 09:00 Central Standard Time. Agenda: To elect nine Directors to hold office for a one-year term expiring at the Annual Meeting of Stockholders to be held in 2025 or until a successor is qualified and elected; to consider the Company's named executive officer compensation; to ratify the appointment of Moss Adams LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting and all adjournments or postponements thereof.Upcoming Dividend • Mar 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).Recent Insider Transactions • Mar 19Independent Director recently sold €746k worth of stockOn the 15th of March, John Schauerman sold around 20k shares on-market at roughly €37.30 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.7m more than they bought in the last 12 months.Recent Insider Transactions • Mar 12Insider recently sold €275k worth of stockOn the 7th of March, Travis Stricker sold around 8k shares on-market at roughly €36.60 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months.Declared Dividend • Mar 04Fourth quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 13%.공시 • Feb 27Primoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation provided earnings guidance for the year ending December 31, 2024. Earnings per Share is expected to be between $2.50 and $2.70 per fully diluted share.Reported Earnings • Feb 27Full year 2023 earnings released: EPS: US$2.37 (vs US$2.50 in FY 2022)Full year 2023 results: EPS: US$2.37 (down from US$2.50 in FY 2022). Revenue: US$5.72b (up 29% from FY 2022). Net income: US$126.1m (down 5.2% from FY 2022). Profit margin: 2.2% (down from 3.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.공시 • Feb 27Primoris Services Corporation Declares Cash Dividend , Payable on Approximately April 15, 2024Primoris Services Corporation announced that on February 21, 2024, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on March 28, 2024, payable on approximately April 15, 2024.공시 • Feb 09Primoris Services Corporation to Report Q4, 2023 Results on Feb 26, 2024Primoris Services Corporation announced that they will report Q4, 2023 results After-Market on Feb 26, 2024Upcoming Dividend • Dec 21Upcoming dividend of US$0.06 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%).Recent Insider Transactions • Dec 08CEO, President & Director recently sold €1.5m worth of stockOn the 6th of December, Thomas McCormick sold around 52k shares on-market at roughly €29.50 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.공시 • Nov 08+ 1 more updatePrimoris Services Corporation Reaffirms Earning Guidance for Year Ending December 31, 2023Primoris Services Corporation reaffirmed earning guidance for year ending December 31, 2023. For the period, net income is expected to be between $2.15 and $2.35 per fully diluted share.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: US$0.90 (vs US$0.81 in 3Q 2022)Third quarter 2023 results: EPS: US$0.90 (up from US$0.81 in 3Q 2022). Revenue: US$1.53b (up 19% from 3Q 2022). Net income: US$48.1m (up 12% from 3Q 2022). Profit margin: 3.1% (down from 3.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 24Primoris Services Corporation to Report Q3, 2023 Results on Nov 07, 2023Primoris Services Corporation announced that they will report Q3, 2023 results After-Market on Nov 07, 2023Upcoming Dividend • Sep 22Upcoming dividend of US$0.06 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%).Recent Insider Transactions • Sep 13Executive VP recently sold €595k worth of stockOn the 8th of September, John Perisich sold around 19k shares on-market at roughly €30.98 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €644k. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months.Recent Insider Transactions • Aug 30Independent Director recently sold €644k worth of stockOn the 28th of August, John Schauerman sold around 20k shares on-market at roughly €32.21 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months.New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Significant insider selling over the past 3 months (€1.2m sold).Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.94 in 2Q 2022)Second quarter 2023 results: EPS: US$0.73 (down from US$0.94 in 2Q 2022). Revenue: US$1.41b (up 38% from 2Q 2022). Net income: US$39.0m (down 22% from 2Q 2022). Profit margin: 2.8% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 09Primoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2023Primoris Services Corporation provides earnings guidance for the year ending December 31, 2023. For the period, the company expects Net income to be between $2.15 and $2.35 per fully diluted share.공시 • Jul 21Primoris Services Corporation to Report Q2, 2023 Results on Aug 07, 2023Primoris Services Corporation announced that they will report Q2, 2023 results After-Market on Aug 07, 2023Recent Insider Transactions • Jun 25Independent Director recently sold €551k worth of stockOn the 21st of June, John Schauerman sold around 20k shares on-market at roughly €27.53 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months.Upcoming Dividend • Jun 22Upcoming dividend of US$0.06 per share at 0.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.7%).Recent Insider Transactions • Jun 06Independent Director recently sold €516k worth of stockOn the 2nd of June, John Schauerman sold around 20k shares on-market at roughly €25.80 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.공시 • May 27Primoris Services Corporation Announces Resignation of John F. Moreno as Chief Operating OfficerOn May 22, 2023, Primoris Services Corporation and John F. Moreno, Jr., reached a mutual agreement of employment separation, pursuant to which Mr. Moreno will no longer serve as Chief Operating Officer of Primoris effective as of May 22, 2023.Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$0.025 (vs US$0.031 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.025 (up from US$0.031 loss in 1Q 2022). Revenue: US$1.26b (up 60% from 1Q 2022). Net income: US$1.31m (up US$2.98m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 10+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately July 14, 2023Primoris Services Corporation announced that on May 3, 2023, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on June 30, 2023, payable on approximately July 14, 2023.Recent Insider Transactions • Mar 31Independent Lead Director recently sold €157k worth of stockOn the 27th of March, Stephen Cook sold around 7k shares on-market at roughly €22.40 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €256k. Insiders have been net sellers, collectively disposing of €773k more than they bought in the last 12 months.Upcoming Dividend • Mar 23Upcoming dividend of US$0.06 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).Recent Insider Transactions • Mar 09Non-Executive Chairman recently sold €256k worth of stockOn the 6th of March, David King sold around 10k shares on-market at roughly €25.62 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €741k.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: US$2.50 (vs US$2.20 in FY 2021)Full year 2022 results: EPS: US$2.50 (up from US$2.20 in FY 2021). Revenue: US$4.42b (up 26% from FY 2021). Net income: US$133.0m (up 15% from FY 2021). Profit margin: 3.0% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.공시 • Feb 08Primoris Services Corporation to Report Q4, 2022 Results on Feb 27, 2023Primoris Services Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023Upcoming Dividend • Dec 22Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%).Recent Insider Transactions • Nov 16Executive VP & COO recently sold €220k worth of stockOn the 10th of November, John Moreno sold around 10k shares on-market at roughly €21.97 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: US$0.81 (vs US$0.82 in 3Q 2021)Third quarter 2022 results: EPS: US$0.81 (down from US$0.82 in 3Q 2021). Revenue: US$1.28b (up 41% from 3Q 2021). Net income: US$43.0m (down 2.3% from 3Q 2021). Profit margin: 3.4% (down from 4.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Nov 08+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 13, 2023Primoris Services Corporation announced that on November 3, 2022, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on December 30, 2022, payable on January 13, 2023.공시 • Oct 19Primoris Services Corporation to Report Q3, 2022 Results on Nov 07, 2022Primoris Services Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022Upcoming Dividend • Sep 22Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%).공시 • Aug 09+ 1 more updatePrimoris Services Corporation Provides Earnings Guidance for the Full Year Ending December 31, 2022Primoris Services Corporation provided earnings guidance for the full year ending December 31, 2022. The company expected net income to be in the range of $129,600,000 to $140,400,000. Diluted earnings per share is expected to be in the range of $2.40 to $2.60.Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: US$0.94 (vs US$0.68 in 2Q 2021)Second quarter 2022 results: EPS: US$0.94 (up from US$0.68 in 2Q 2021). Revenue: US$1.02b (up 16% from 2Q 2021). Net income: US$50.2m (up 38% from 2Q 2021). Profit margin: 4.9% (up from 4.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.7%, compared to a 5.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.공시 • Aug 02Primoris Services Corporation (NasdaqGS:PRIM) completed the acquisition of PLH Group, Inc.Primoris Services Corporation (NasdaqGS:PRIM) entered into an Agreement and Plan of Merger to acquire PLH Group, Inc. for approximately $470 million on June 24, 2022. Primoris will acquire PLH Group for a purchase price of $470 million, in an all cash transaction, funded through borrowings under existing credit agreement. Certain members of our existing lender group have committed to provide $425 million of incremental term loans. Pro forma for the transaction, Primoris’ net leverage will be approximately 3.3x net debt to adjusted EBITDA, based on estimated Primoris net debt as of June 30, 2022, and Primoris LTM adjusted EBITDA as of March 31, 2022 combined with PLH LTM adjusted EBITDA as of May 31, 2022. Following the close of the transaction, Primoris targets net leverage of 2.0x by 2024. For the 12 months ended May 31, 2022, PLH generated total revenue of $733 million and total adjusted earnings before income tax, depreciation and amortization (“Adjusted EBITDA”) of $54 million. Approximately 80% of PLH revenue is associated with Power Delivery and Gas Utility end markets for the 12 months ended December 31, 2021. Key management team members of PLH Group have agreed to join Primoris. The transactions is subject to regulatory approvals, including antitrust regulations, PLH Group shareholder approval, resignation of PLH Group directors, and the execution of escrow and employment agreements. The transaction has been unanimously approved by the Boards of Directors of both Primoris and PLH Group. The transaction is expected to close in the third quarter of 2022. The deal is expected to be accretive to earnings in the first 12 months. UBS Investment Bank served as the exclusive financial advisor to Primoris. Jeffrey Chapman and Quinton Farrar of Gibson, Dunn & Crutcher LLP served as the company’s legal counsel. Stifel, Nicolaus & Company served as the exclusive financial advisor to PLH Group. Stephen L. Palmer of K&L Gates LLP served as PLH Group’s and the shareholder representative's legal counsel. James L. Kelly and Ilya A. Bubel of DLA Piper LLP (US) also acted as legal advisor to the shareholder representative. Primoris Services Corporation (NasdaqGS:PRIM) completed the acquisition of PLH Group, Inc. on August 01, 2022. As a result of the acquisition, the majority of PLH operations will be incorporated into Primoris’ Utilities Segment, with the remaining operations going into the Energy/Renewables and Pipeline segments.공시 • Jul 26Primoris Services Corporation to Report Q2, 2022 Results on Aug 08, 2022Primoris Services Corporation announced that they will report Q2, 2022 results After-Market on Aug 08, 2022예정된 배당 지급오늘May 24 2026배당락일Jun 30 2026배당 지급일Jul 15 202615 days (배당락일 기준)다음 배당금을 받으려면 앞으로 37 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 1PM German 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: 1PM German 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장Primoris Services 배당 수익률 vs 시장1PM의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (1PM)0.3%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Construction)3.0%분석가 예측 (1PM) (최대 3년)0.3%주목할만한 배당금: 1PM 의 배당금( 0.27% )은 German 시장에서 배당금 지급자의 하위 25%( 1.54% )와 비교해 주목할 만하지 않습니다.고배당: 1PM 의 배당금( 0.27% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 1PM German 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 1PM German 시장에서 주목할만한 배당금을 지급하지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 14:40종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Primoris Services Corporation는 22명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Robert BurlesonCanaccord GenuityManish SomaiyaCantor Fitzgerald & Co.Lee JagodaCJS Securities, Inc.19명의 분석가 더 보기
Declared Dividend • May 20First quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 11%.
공시 • Nov 04+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on January 15, 2026Primoris Services Corporation announced that on October 29, 2025, its Board of Directors declared an $0.08 per share cash dividend to stockholders of record on December 31, 2025, payable on approximately January 15, 2026.
공시 • Feb 25+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately April 15, 2025Primoris Services Corporation announced that on February 19, 2025, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on March 31, 2025, payable on approximately April 15, 2025.
공시 • Nov 05+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 15, 2025Primoris Services Corporation announced that on October 30, 2024, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on December 31, 2024, payable on approximately January 15, 2025. This represents an increase from the previous declared dividend of $0.06 per share.
Upcoming Dividend • Sep 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%).
Declared Dividend • Aug 12Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%.
Declared Dividend • May 20First quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 11%.
공시 • May 08Primoris Services Corporation Updates Earnings Guidance for the Year Ending December 31, 2026Primoris Services Corporation updated its earnings guidance for the year ending December 31, 2026. For the period, the company expects Net income is expected to be between $223.0 million and $234.0 million. Earnings per Share (“EPS”) is expected to be between $4.05 and $4.25 per fully diluted share.
공시 • Apr 22Primoris Services Corporation to Report Q1, 2026 Results on May 05, 2026Primoris Services Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026
공시 • Apr 01Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million.Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million on March 31, 2026. The transaction was funded through borrowings under an amended credit agreement with the Company’s existing bank group of $400 million. The transaction has been unanimously approved by the Board of Directors of Primoris Services Corporation. The transaction is expected to close in the second quarter of 2026. The transaction is subject to the receipt of regulatory approvals and other customary closing conditions. Weil, Gotshal & Manges LLP acted as legal advisor for Primoris Services Corporation. FMI Capital Advisors, Inc. acted as financial advisor and Lewis Rice LLC acted as legal advisor for PayneCrest Electric and Communications, Inc.
공시 • Mar 19Primoris Services Corporation, Annual General Meeting, Apr 30, 2026Primoris Services Corporation, Annual General Meeting, Apr 30, 2026.
공시 • Feb 24+ 1 more updatePrimoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2026Primoris Services Corporation provided earnings guidance for the year ending December 31, 2026. Net income is expected to be between $294.0 million and $305.0 million. Earnings per Share (“EPS”) is expected to be between $5.35 and $5.55 per fully diluted share.
공시 • Feb 11Primoris Services Corporation to Report Q4, 2025 Results on Feb 23, 2026Primoris Services Corporation announced that they will report Q4, 2025 results After-Market on Feb 23, 2026
공시 • Nov 04+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on January 15, 2026Primoris Services Corporation announced that on October 29, 2025, its Board of Directors declared an $0.08 per share cash dividend to stockholders of record on December 31, 2025, payable on approximately January 15, 2026.
공시 • Oct 22Primoris Services Corporation to Report Q3, 2025 Results on Nov 03, 2025Primoris Services Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025
공시 • Oct 08+ 1 more updatePrimoris Services Corporation Announces Chief Executive Officer ChangesPrimoris Services Corporation on October 6, 2025 announced its Board of Directors has appointed Koti Vadlamudi as President and Chief Executive Officer (CEO) effective November 10, 2025. He succeeds David King, who has served as Interim CEO since March 20, 2025, will continue to serve as Chairman of Primoris’ Board of Directors. Mr. Vadlamudi, age 55, is a seasoned engineering and construction executive with over 30 years of global experience leading operations, business development, and strategic growth across public and private sectors. He joins Primoris from a thirty-year career at Jacobs, where he most recently served as Executive Vice President of Operations. There, he oversaw projects and led operations across multiple business units throughout the U.S. and internationally, spanning the data center, energy, life sciences, semiconductor, environmental, and government sectors. Mr. Vadlamudi is a seasoned engineering and construction executive with over 30 years of global experience leading operations, business development, and strategic growth across public and private sectors. His industry expertise spans energy and power, oil and gas, mission-critical facilities, consumer products, and life sciences. Prior to joining Primoris, he most recently served as Executive Vice President at Jacobs, overseeing multi-billion-dollar global business segments. Mr. Vadlamudi is recognized for his expertise in driving enterprise growth, acquisition integration, project delivery, client relationships, and operational leadership across complex, high-value programs. A well-regarded leader, he has a consistent track record of driving results in challenging market conditions, leading high-performing and multidisciplinary teams, championing a robust safety culture, and delivering long-term value to clients and stakeholders. . Vadlamudi has served since January 2025 as Executive Vice President at Jacobs Solutions Inc. Previously, he held senior leadership roles of increasing responsibility at Jacobs, including Managing Director and Senior Vice President for Advanced Facilities from September 2019 to January 2025, and Regional Vice President of Buildings and Infrastructure and Downstream Operations and President and General Manager of Canadian Upstream Oil and Gas prior thereto.
공시 • Aug 05+ 1 more updatePrimoris Services Corporation Raises Earnings Guidance for the Year Ending December 31, 2025Primoris Services Corporation raised earnings guidance for the year ending December 31, 2025. For the period, the company's Net income is expected to be between $241.0 million and $252.0 million, or $4.40 and $4.60 per fully diluted share.
공시 • Jul 23Primoris Services Corporation to Report Q2, 2025 Results on Aug 04, 2025Primoris Services Corporation announced that they will report Q2, 2025 results After-Market on Aug 04, 2025
공시 • May 06+ 1 more updatePrimoris Services Corporation Maintains Earnings Guidance for Year Ending December 31, 2025Primoris Services Corporation maintained earnings guidance for year ending December 31, 2025. For the period, the company expects Net income to be between $203.3 million and $214.3 million. Earnings per Share is expected to be between $3.70 and $3.90 per fully diluted share.
공시 • May 02Primoris Services Corporation Appoints Harpreet Saluja as DirectorPrimoris Services Corporation at its AGM held on April 30, 2025 appointed Harpreet Saluja as director.
공시 • Apr 23Primoris Services Corporation to Report Q1, 2025 Results on May 05, 2025Primoris Services Corporation announced that they will report Q1, 2025 results After-Market on May 05, 2025
공시 • Apr 11Primoris Services Corporation, Annual General Meeting, Apr 30, 2025Primoris Services Corporation, Annual General Meeting, Apr 30, 2025. Location: 2300 n. field street, suite 1900, texas 75201, dallas, United States
공시 • Mar 15+ 1 more updatePrimoris Services Corporation Announces CEO ChangesPrimoris Services Corporation announced that David King, Chairman and prior Chief Executive Officer, has been named Interim Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates.
공시 • Feb 25+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately April 15, 2025Primoris Services Corporation announced that on February 19, 2025, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on March 31, 2025, payable on approximately April 15, 2025.
공시 • Feb 06Primoris Services Corporation to Report Q4, 2024 Results on Feb 24, 2025Primoris Services Corporation announced that they will report Q4, 2024 results After-Market on Feb 24, 2025
공시 • Jan 08Primoris Services Corporation Announces Executive PromotionsPrimoris Services Corporation announced that Jeremy Kinch, previously President of Energy, has been promoted to Chief Operations Support Officer. In this new role, Mr. Kinch will oversee operational support functions including information technology, real estate, fleet, project services and health, safety and environment. Mr. Kinch has over twenty-five years’ experience in the infrastructure construction services industry in the United States and Canada. Prior to joining Primoris in 2018, Mr. Kinch served in diverse roles of increasing responsibility culminating in serving as president and chief operating officer of Willbros Canada, a subsidiary of Willbros Group Inc., until the Primoris acquisition of Willbros in 2018. Leading up to his tenure with Willbros Group Inc., Mr. Kinch served in a variety of technical and leadership roles on mining, hydropower and municipal infrastructure construction projects. He holds a Bachelor of Science degree in Geological Engineering from Queen’s University in Kingston, Ontario, Canada. Heath Moncrief has been promoted to President of Energy at Primoris leading the industrial services, heavy civil and pipeline businesses. Mr. Moncrief previously served as the Senior Vice President of Primoris Industrial Construction since 2020. Mr. Moncrief has over twenty years of experience in infrastructure construction services and prior to his time at Primoris served in various leadership roles at McDermott and CB&I managing construction operations for industrial projects.
Recent Insider Transactions • Nov 12Independent Director recently sold €1.5m worth of stockOn the 7th of November, John Schauerman sold around 20k shares on-market at roughly €74.05 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months.
공시 • Nov 05+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 15, 2025Primoris Services Corporation announced that on October 30, 2024, its Board of Directors declared a $0.08 per share cash dividend to stockholders of record on December 31, 2024, payable on approximately January 15, 2025. This represents an increase from the previous declared dividend of $0.06 per share.
공시 • Oct 23Primoris Services Corporation to Report Q3, 2024 Results on Nov 04, 2024Primoris Services Corporation announced that they will report Q3, 2024 results After-Market on Nov 04, 2024
Upcoming Dividend • Sep 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%).
Recent Insider Transactions • Sep 15Independent Director recently sold €1.2m worth of stockOn the 12th of September, John Schauerman sold around 25k shares on-market at roughly €48.98 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months.
Declared Dividend • Aug 12Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%.
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: US$0.92 (vs US$0.73 in 2Q 2023)Second quarter 2024 results: EPS: US$0.92 (up from US$0.73 in 2Q 2023). Revenue: US$1.56b (up 11% from 2Q 2023). Net income: US$49.5m (up 27% from 2Q 2023). Profit margin: 3.2% (up from 2.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 06+ 1 more updatePrimoris Services Corporation Revises Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation revised earnings guidance for the year ending December 31, 2024. Net income is expected to be between $148.5 million and $159.5 million, or $2.70 and $2.90 per fully diluted share.
공시 • Jul 23Primoris Services Corporation to Report Q2, 2024 Results on Aug 05, 2024Primoris Services Corporation announced that they will report Q2, 2024 results After-Market on Aug 05, 2024
Buy Or Sell Opportunity • Jul 22Now 20% undervaluedOver the last 90 days, the stock has risen 18% to €49.00. The fair value is estimated to be €61.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Jul 02Now 29% undervaluedOver the last 90 days, the stock has risen 15% to €45.60. The fair value is estimated to be €64.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Jun 26Now 21% undervaluedOver the last 90 days, the stock has risen 27% to €48.40. The fair value is estimated to be €61.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Jun 07Now 20% undervaluedOver the last 90 days, the stock has risen 30% to €48.20. The fair value is estimated to be €60.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Director Michael Ching was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • May 18Now 20% undervaluedOver the last 90 days, the stock has risen 28% to €46.40. The fair value is estimated to be €58.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Recent Insider Transactions • May 15CEO, President & Director recently sold €459k worth of stockOn the 10th of May, Thomas McCormick sold around 10k shares on-market at roughly €45.93 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €761k. Thomas has been a net seller over the last 12 months, reducing personal holdings by €2.1m.
Declared Dividend • May 13First quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 7%.
공시 • May 10Primoris Services Corporation Maintains Unaudited Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation maintained unaudited earnings guidance for the year ending December 31, 2024. For the period, the company estimates net income to be $137,500,000 to $148,500,000. Earnings per share diluted to be between $2.50 and $2.70.
공시 • May 09+ 1 more updatePrimoris Services Corporation Reports Impairment Charges for the First Quarter Ended March 31, 2024Primoris Services Corporation reported impairment charges for the first quarter ended March 31, 2024. For the quarter, the company reported impairment of fixed assets of $1,549,000.
공시 • Apr 20Primoris Services Corporation to Report Q1, 2024 Results on May 08, 2024Primoris Services Corporation announced that they will report Q1, 2024 results After-Market on May 08, 2024
공시 • Mar 23Primoris Services Corporation, Annual General Meeting, May 01, 2024Primoris Services Corporation, Annual General Meeting, May 01, 2024, at 09:00 Central Standard Time. Agenda: To elect nine Directors to hold office for a one-year term expiring at the Annual Meeting of Stockholders to be held in 2025 or until a successor is qualified and elected; to consider the Company's named executive officer compensation; to ratify the appointment of Moss Adams LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting and all adjournments or postponements thereof.
Upcoming Dividend • Mar 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).
Recent Insider Transactions • Mar 19Independent Director recently sold €746k worth of stockOn the 15th of March, John Schauerman sold around 20k shares on-market at roughly €37.30 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.7m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 12Insider recently sold €275k worth of stockOn the 7th of March, Travis Stricker sold around 8k shares on-market at roughly €36.60 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months.
Declared Dividend • Mar 04Fourth quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 13%.
공시 • Feb 27Primoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2024Primoris Services Corporation provided earnings guidance for the year ending December 31, 2024. Earnings per Share is expected to be between $2.50 and $2.70 per fully diluted share.
Reported Earnings • Feb 27Full year 2023 earnings released: EPS: US$2.37 (vs US$2.50 in FY 2022)Full year 2023 results: EPS: US$2.37 (down from US$2.50 in FY 2022). Revenue: US$5.72b (up 29% from FY 2022). Net income: US$126.1m (down 5.2% from FY 2022). Profit margin: 2.2% (down from 3.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
공시 • Feb 27Primoris Services Corporation Declares Cash Dividend , Payable on Approximately April 15, 2024Primoris Services Corporation announced that on February 21, 2024, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on March 28, 2024, payable on approximately April 15, 2024.
공시 • Feb 09Primoris Services Corporation to Report Q4, 2023 Results on Feb 26, 2024Primoris Services Corporation announced that they will report Q4, 2023 results After-Market on Feb 26, 2024
Upcoming Dividend • Dec 21Upcoming dividend of US$0.06 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%).
Recent Insider Transactions • Dec 08CEO, President & Director recently sold €1.5m worth of stockOn the 6th of December, Thomas McCormick sold around 52k shares on-market at roughly €29.50 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.
공시 • Nov 08+ 1 more updatePrimoris Services Corporation Reaffirms Earning Guidance for Year Ending December 31, 2023Primoris Services Corporation reaffirmed earning guidance for year ending December 31, 2023. For the period, net income is expected to be between $2.15 and $2.35 per fully diluted share.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: US$0.90 (vs US$0.81 in 3Q 2022)Third quarter 2023 results: EPS: US$0.90 (up from US$0.81 in 3Q 2022). Revenue: US$1.53b (up 19% from 3Q 2022). Net income: US$48.1m (up 12% from 3Q 2022). Profit margin: 3.1% (down from 3.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 24Primoris Services Corporation to Report Q3, 2023 Results on Nov 07, 2023Primoris Services Corporation announced that they will report Q3, 2023 results After-Market on Nov 07, 2023
Upcoming Dividend • Sep 22Upcoming dividend of US$0.06 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%).
Recent Insider Transactions • Sep 13Executive VP recently sold €595k worth of stockOn the 8th of September, John Perisich sold around 19k shares on-market at roughly €30.98 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €644k. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 30Independent Director recently sold €644k worth of stockOn the 28th of August, John Schauerman sold around 20k shares on-market at roughly €32.21 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months.
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Significant insider selling over the past 3 months (€1.2m sold).
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.94 in 2Q 2022)Second quarter 2023 results: EPS: US$0.73 (down from US$0.94 in 2Q 2022). Revenue: US$1.41b (up 38% from 2Q 2022). Net income: US$39.0m (down 22% from 2Q 2022). Profit margin: 2.8% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 09Primoris Services Corporation Provides Earnings Guidance for the Year Ending December 31, 2023Primoris Services Corporation provides earnings guidance for the year ending December 31, 2023. For the period, the company expects Net income to be between $2.15 and $2.35 per fully diluted share.
공시 • Jul 21Primoris Services Corporation to Report Q2, 2023 Results on Aug 07, 2023Primoris Services Corporation announced that they will report Q2, 2023 results After-Market on Aug 07, 2023
Recent Insider Transactions • Jun 25Independent Director recently sold €551k worth of stockOn the 21st of June, John Schauerman sold around 20k shares on-market at roughly €27.53 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.06 per share at 0.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.7%).
Recent Insider Transactions • Jun 06Independent Director recently sold €516k worth of stockOn the 2nd of June, John Schauerman sold around 20k shares on-market at roughly €25.80 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.
공시 • May 27Primoris Services Corporation Announces Resignation of John F. Moreno as Chief Operating OfficerOn May 22, 2023, Primoris Services Corporation and John F. Moreno, Jr., reached a mutual agreement of employment separation, pursuant to which Mr. Moreno will no longer serve as Chief Operating Officer of Primoris effective as of May 22, 2023.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$0.025 (vs US$0.031 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.025 (up from US$0.031 loss in 1Q 2022). Revenue: US$1.26b (up 60% from 1Q 2022). Net income: US$1.31m (up US$2.98m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 10+ 1 more updatePrimoris Services Corporation Declares Cash Dividend, Payable on Approximately July 14, 2023Primoris Services Corporation announced that on May 3, 2023, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on June 30, 2023, payable on approximately July 14, 2023.
Recent Insider Transactions • Mar 31Independent Lead Director recently sold €157k worth of stockOn the 27th of March, Stephen Cook sold around 7k shares on-market at roughly €22.40 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €256k. Insiders have been net sellers, collectively disposing of €773k more than they bought in the last 12 months.
Upcoming Dividend • Mar 23Upcoming dividend of US$0.06 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).
Recent Insider Transactions • Mar 09Non-Executive Chairman recently sold €256k worth of stockOn the 6th of March, David King sold around 10k shares on-market at roughly €25.62 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €741k.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: US$2.50 (vs US$2.20 in FY 2021)Full year 2022 results: EPS: US$2.50 (up from US$2.20 in FY 2021). Revenue: US$4.42b (up 26% from FY 2021). Net income: US$133.0m (up 15% from FY 2021). Profit margin: 3.0% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.
공시 • Feb 08Primoris Services Corporation to Report Q4, 2022 Results on Feb 27, 2023Primoris Services Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023
Upcoming Dividend • Dec 22Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%).
Recent Insider Transactions • Nov 16Executive VP & COO recently sold €220k worth of stockOn the 10th of November, John Moreno sold around 10k shares on-market at roughly €21.97 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.
Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: US$0.81 (vs US$0.82 in 3Q 2021)Third quarter 2022 results: EPS: US$0.81 (down from US$0.82 in 3Q 2021). Revenue: US$1.28b (up 41% from 3Q 2021). Net income: US$43.0m (down 2.3% from 3Q 2021). Profit margin: 3.4% (down from 4.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Nov 08+ 1 more updatePrimoris Services Corporation Declares Dividend, Payable on January 13, 2023Primoris Services Corporation announced that on November 3, 2022, its Board of Directors declared a $0.06 per share cash dividend to stockholders of record on December 30, 2022, payable on January 13, 2023.
공시 • Oct 19Primoris Services Corporation to Report Q3, 2022 Results on Nov 07, 2022Primoris Services Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022
Upcoming Dividend • Sep 22Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%).
공시 • Aug 09+ 1 more updatePrimoris Services Corporation Provides Earnings Guidance for the Full Year Ending December 31, 2022Primoris Services Corporation provided earnings guidance for the full year ending December 31, 2022. The company expected net income to be in the range of $129,600,000 to $140,400,000. Diluted earnings per share is expected to be in the range of $2.40 to $2.60.
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: US$0.94 (vs US$0.68 in 2Q 2021)Second quarter 2022 results: EPS: US$0.94 (up from US$0.68 in 2Q 2021). Revenue: US$1.02b (up 16% from 2Q 2021). Net income: US$50.2m (up 38% from 2Q 2021). Profit margin: 4.9% (up from 4.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.7%, compared to a 5.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.
공시 • Aug 02Primoris Services Corporation (NasdaqGS:PRIM) completed the acquisition of PLH Group, Inc.Primoris Services Corporation (NasdaqGS:PRIM) entered into an Agreement and Plan of Merger to acquire PLH Group, Inc. for approximately $470 million on June 24, 2022. Primoris will acquire PLH Group for a purchase price of $470 million, in an all cash transaction, funded through borrowings under existing credit agreement. Certain members of our existing lender group have committed to provide $425 million of incremental term loans. Pro forma for the transaction, Primoris’ net leverage will be approximately 3.3x net debt to adjusted EBITDA, based on estimated Primoris net debt as of June 30, 2022, and Primoris LTM adjusted EBITDA as of March 31, 2022 combined with PLH LTM adjusted EBITDA as of May 31, 2022. Following the close of the transaction, Primoris targets net leverage of 2.0x by 2024. For the 12 months ended May 31, 2022, PLH generated total revenue of $733 million and total adjusted earnings before income tax, depreciation and amortization (“Adjusted EBITDA”) of $54 million. Approximately 80% of PLH revenue is associated with Power Delivery and Gas Utility end markets for the 12 months ended December 31, 2021. Key management team members of PLH Group have agreed to join Primoris. The transactions is subject to regulatory approvals, including antitrust regulations, PLH Group shareholder approval, resignation of PLH Group directors, and the execution of escrow and employment agreements. The transaction has been unanimously approved by the Boards of Directors of both Primoris and PLH Group. The transaction is expected to close in the third quarter of 2022. The deal is expected to be accretive to earnings in the first 12 months. UBS Investment Bank served as the exclusive financial advisor to Primoris. Jeffrey Chapman and Quinton Farrar of Gibson, Dunn & Crutcher LLP served as the company’s legal counsel. Stifel, Nicolaus & Company served as the exclusive financial advisor to PLH Group. Stephen L. Palmer of K&L Gates LLP served as PLH Group’s and the shareholder representative's legal counsel. James L. Kelly and Ilya A. Bubel of DLA Piper LLP (US) also acted as legal advisor to the shareholder representative. Primoris Services Corporation (NasdaqGS:PRIM) completed the acquisition of PLH Group, Inc. on August 01, 2022. As a result of the acquisition, the majority of PLH operations will be incorporated into Primoris’ Utilities Segment, with the remaining operations going into the Energy/Renewables and Pipeline segments.
공시 • Jul 26Primoris Services Corporation to Report Q2, 2022 Results on Aug 08, 2022Primoris Services Corporation announced that they will report Q2, 2022 results After-Market on Aug 08, 2022