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Primoris Services CorporationPRIM
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Overview >
Market Cap
3.05B
Revenue (ttm)
6.37B
Net Income (ttm)
180.89M
Shares Out
53.92M
EPS (ttm)
3.31
PE Ratio
17.05
Forward PE
13.09
Dividend
$0.32 (0.57%)
Ex-Dividend Date
Mar 31, 2025
Volume
179,109
Open
56.58
Previous Close
56.42
Day's Range
55.37 - 57.09
52-Week Range
42.82 - 90.86
Beta
1.18
Analysts
Strong Buy
Price Target
88.38 (+56.26%)
Earnings Date
May 7, 2025
Description >

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.

It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.

The Energy/Renewables segment provides a range of services, 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.

The Pipeline Services segment offers a range of services comprising pipeline construction and maintenance, carbon capture and storage services; pipeline facility and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities.

The company was founded in 1960 and is headquartered in Dallas, Texas.

Latest News >
US Supreme Court backs consumer finance watchdog agency's funding mechanism
US Supreme Court backs consumer finance watchdog agency's funding mechanism
May 16, 2024
WASHINGTON, May 16 (Reuters) - The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe Biden's administration and a setback to the agency's conservative critics. The 7-2 decision reversed a lower court's ruling that the CFPB's funding design - drawing money...
--Street Color: Fox Says Joint Venture With ESPN, Warner Bros. Discovery to Be Named Venu Sports
--Street Color: Fox Says Joint Venture With ESPN, Warner Bros. Discovery to Be Named Venu Sports
May 16, 2024
10:30 AM EDT, 05/16/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 30.31, Change: -0.30, Percent...
Update: Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
Update: Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
May 16, 2024
10:03 AM EDT, 05/16/2024 (MT Newswires) -- (Updates with Lazard's ( LAZ ) response in the fourth paragraph.) Goldman Sachs ( GS ) has hired two investment bankers, Kerry Burke and Eddie Rubin, as part of its plan to strengthen its advisory business that focuses on advising on deals of up to $2 billion, Reuters reported Wednesday, citing the company....
Asian Equities Traded in the US as American Depositary Receipts Ease in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Ease in Thursday Trading
May 16, 2024
10:31 AM EDT, 05/16/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts eased Thursday morning, declining 0.04% to 1,950.23 on the S&P Asia 50 ADR Index and paring earlier losses. From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and game live-streaming platform HUYA ( HUYA ) , which climbed 8.2%...
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