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Primoris Services NYSE:PRIM Stock Report

Last Price

US$53.23

Market Cap

US$2.8b

7D

5.5%

1Y

97.9%

Updated

23 May, 2024

Data

Company Financials +

Primoris Services Corporation

NYSE:PRIM Stock Report

Market Cap: US$2.8b

PRIM Stock Overview

A specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada.

PRIM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Primoris Services Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Primoris Services
Historical stock prices
Current Share PriceUS$53.23
52 Week HighUS$53.68
52 Week LowUS$26.29
Beta1.15
1 Month Change17.22%
3 Month Change33.38%
1 Year Change97.88%
3 Year Change68.98%
5 Year Change186.95%
Change since IPO652.90%

Recent News & Updates

Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

May 12
Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

Recent updates

Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

May 12
Primoris Services Corporation Just Beat EPS By 347%: Here's What Analysts Think Will Happen Next

These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well

May 03
These 4 Measures Indicate That Primoris Services (NYSE:PRIM) Is Using Debt Reasonably Well

Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable

Apr 18
Primoris Services Corporation's (NYSE:PRIM) P/E Still Appears To Be Reasonable

Primoris: AI Power Play

Apr 02

At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?

Mar 31
At US$42.57, Is It Time To Put Primoris Services Corporation (NYSE:PRIM) On Your Watch List?

Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 29
Primoris Services Corporation (NYSE:PRIM) Just Reported And Analysts Have Been Lifting Their Price Targets

Here's Why We Think Primoris Services (NYSE:PRIM) Might Deserve Your Attention Today

Jan 29
Here's Why We Think Primoris Services (NYSE:PRIM) Might Deserve Your Attention Today

Should You Investigate Primoris Services Corporation (NYSE:PRIM) At US$32.21?

Dec 12
Should You Investigate Primoris Services Corporation (NYSE:PRIM) At US$32.21?

Primoris Services (NYSE:PRIM) Takes On Some Risk With Its Use Of Debt

Nov 06
Primoris Services (NYSE:PRIM) Takes On Some Risk With Its Use Of Debt

Primoris Services: IRA Tailwind Not Priced In

Oct 11

Primoris Services Corporation: Growth, Value, And Momentum

Sep 06

Is Now An Opportune Moment To Examine Primoris Services Corporation (NYSE:PRIM)?

Aug 01
Is Now An Opportune Moment To Examine Primoris Services Corporation (NYSE:PRIM)?

Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

Jul 13
Do Primoris Services' (NYSE:PRIM) Earnings Warrant Your Attention?

We Think Primoris Services (NYSE:PRIM) Is Taking Some Risk With Its Debt

Jun 07
We Think Primoris Services (NYSE:PRIM) Is Taking Some Risk With Its Debt

Primoris Services: Looking Solid For FY23

Jun 02

Primoris Services (NYSE:PRIM) Will Pay A Dividend Of $0.06

May 15
Primoris Services (NYSE:PRIM) Will Pay A Dividend Of $0.06

Is There An Opportunity With Primoris Services Corporation's (NYSE:PRIM) 21% Undervaluation?

Apr 25
Is There An Opportunity With Primoris Services Corporation's (NYSE:PRIM) 21% Undervaluation?

Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?

Apr 10
Is It Too Late To Consider Buying Primoris Services Corporation (NYSE:PRIM)?

Primoris Services (NASDAQ:PRIM) Has A Somewhat Strained Balance Sheet

Jan 25
Primoris Services (NASDAQ:PRIM) Has A Somewhat Strained Balance Sheet

Why Primoris Services Corporation (NASDAQ:PRIM) Could Be Worth Watching

Jan 07
Why Primoris Services Corporation (NASDAQ:PRIM) Could Be Worth Watching

Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Dec 15
Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of $0.06

Nov 26
Primoris Services (NASDAQ:PRIM) Will Pay A Dividend Of $0.06

Primoris Services (NASDAQ:PRIM) Is Due To Pay A Dividend Of $0.06

Nov 12
Primoris Services (NASDAQ:PRIM) Is Due To Pay A Dividend Of $0.06

Primoris Services goes ex-dividend tomorrow

Sep 28

Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Sep 28
Primoris Services' (NASDAQ:PRIM) Dividend Will Be $0.06

Is Now The Time To Look At Buying Primoris Services Corporation (NASDAQ:PRIM)?

Sep 24
Is Now The Time To Look At Buying Primoris Services Corporation (NASDAQ:PRIM)?

Primoris secures $120M contract for 60 miles of pipeline in Texas

Sep 07

These 4 Measures Indicate That Primoris Services (NASDAQ:PRIM) Is Using Debt Extensively

Sep 01
These 4 Measures Indicate That Primoris Services (NASDAQ:PRIM) Is Using Debt Extensively

Primoris Services awarded $270M solar project

Aug 23

Primoris Services (NASDAQ:PRIM) Has Announced A Dividend Of $0.06

Aug 12
Primoris Services (NASDAQ:PRIM) Has Announced A Dividend Of $0.06

Analysts Are Betting On Primoris Services Corporation (NASDAQ:PRIM) With A Big Upgrade This Week

Aug 11
Analysts Are Betting On Primoris Services Corporation (NASDAQ:PRIM) With A Big Upgrade This Week

Primoris Services Non-GAAP EPS of $0.48 misses by $0.17, revenue of $1.02B beats by $93.85M

Aug 08

Shareholder Returns

PRIMUS ConstructionUS Market
7D5.5%2.8%-0.9%
1Y97.9%47.8%25.8%

Return vs Industry: PRIM exceeded the US Construction industry which returned 49.6% over the past year.

Return vs Market: PRIM exceeded the US Market which returned 28.2% over the past year.

Price Volatility

Is PRIM's price volatile compared to industry and market?
PRIM volatility
PRIM Average Weekly Movement4.8%
Construction Industry Average Movement5.4%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: PRIM's share price has been volatile over the past 3 months.

Volatility Over Time: PRIM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196014,058Tom McCormickwww.prim.com

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.

Primoris Services Corporation Fundamentals Summary

How do Primoris Services's earnings and revenue compare to its market cap?
PRIM fundamental statistics
Market capUS$2.83b
Earnings (TTM)US$143.78m
Revenue (TTM)US$5.87b

19.9x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRIM income statement (TTM)
RevenueUS$5.87b
Cost of RevenueUS$5.25b
Gross ProfitUS$621.14m
Other ExpensesUS$477.36m
EarningsUS$143.78m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.68
Gross Margin10.58%
Net Profit Margin2.45%
Debt/Equity Ratio76.2%

How did PRIM perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

9%

Payout Ratio

Does PRIM pay a reliable dividends?

See PRIM dividend history and benchmarks
When do you need to buy PRIM by to receive an upcoming dividend?
Primoris Services dividend dates
Ex Dividend DateJun 28 2024
Dividend Pay DateJul 15 2024
Days until Ex dividend34 days
Days until Dividend pay date51 days

Does PRIM pay a reliable dividends?

See PRIM dividend history and benchmarks
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