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PRIM Stock Chart & Stats
$74.80
-$4.12(-4.55%)
At close: 4:00 PM EDT
$74.80
-$4.12(-4.55%)
Day’s Range― - ―
52-Week Range$65.00 - $205.50
Previous CloseN/A
Volume1.03M
Average Volume (3M)1.37M
Market Cap
$4.01B
Enterprise Value$6.41B
Total Cash (Recent Filing)$218.20M
Total Debt (Recent Filing)$1.11B
Price to Earnings (P/E)28.9
Beta1.50
Next Earnings
Nov 09, 2026EPS Estimate
0.78Next Dividend Ex-DateN/A
Dividend Yield0.43%
Share Statistics
EPS (TTM)2.58
Shares Outstanding53,832,330
10 Day Avg. Volume1,547,442
30 Day Avg. Volume1,365,468
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)3.99
Price to Sales (P/S)0.88
P/FCF Ratio19.69
Enterprise Value/Market Cap1.60
Enterprise Value/Revenue0.88
Enterprise Value/Gross Profit10.21
Enterprise Value/Ebitda20.90
Forecast
1Y Price Target
$106.50Price Target Upside42.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)2.14
Revenue Forecast (FY)$7.26B
Bulls Say, Bears Say
Bulls Say
Record Backlog And BookingsRecord awards and backlog provide substantial revenue visibility across future periods and reduce reliance on winning every near-term project. Growth in both fixed and master service agreement work also supports a durable platform for utilization, customer continuity, and margin recovery.
Meaningful DeleveragingSubstantial deleveraging has improved Primoris’s financial flexibility and resilience in a cyclical construction environment. A stronger equity base and lower relative debt burden should provide more capacity to fund organic growth, manage project volatility, and pursue selective opportunities.
Broad Infrastructure DemandDemand across several infrastructure categories reduces dependence on a single end market and supports a more durable growth opportunity. Utility modernization, natural-gas generation, and pipeline recovery can provide recurring project activity as customers invest in essential infrastructure.
Bears Say
Renewables Execution LossesCost overruns on renewable projects have materially damaged current profitability and show that contract execution risk can overwhelm otherwise strong demand. Although management has strengthened controls, the remaining projects and similar future work could continue to pressure margins and earnings.
Sharp Cash-flow DeteriorationThe steep decline in operating and free cash flow weakens internal funding capacity and reduces the cushion available for project investment, debt reduction, and shareholder returns. Lower cash conversion also indicates that reported profitability is currently translating less effectively into usable liquidity.
Lower Revenue And MarginsThe latest results show that multi-year expansion has paused while project economics have deteriorated. Lower revenue and margins reduce earnings resilience, leave less room for execution setbacks, and make the planned recovery dependent on improved project mix and successful completion of challenged work.
Primoris Services News
PRIM FAQ
What was Primoris Services Corp.’s price range in the past 12 months?
Primoris Services Corp. lowest stock price was $65.00 and its highest was $205.50 in the past 12 months.
What is Primoris Services Corp.’s market cap?
Primoris Services Corp.’s market cap is $4.01B.
When is Primoris Services Corp.’s upcoming earnings report date?
Primoris Services Corp.’s upcoming earnings report date is Nov 09, 2026 which is in 20 days.
How were Primoris Services Corp.’s earnings last quarter?
Primoris Services Corp. released its earnings results on Aug 04, 2026. The company reported -$0.27 earnings per share for the quarter, beating the consensus estimate of -$0.354 by $0.084.
Is Primoris Services Corp. overvalued?
According to Wall Street analysts Primoris Services Corp.’s price is currently Undervalued.
Does Primoris Services Corp. pay dividends?
Primoris Services Corp. pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 0.43%. See more information on Primoris Services Corp. dividends here
What is Primoris Services Corp.’s EPS estimate?
Primoris Services Corp.’s EPS estimate is 0.78.
How many shares outstanding does Primoris Services Corp. have?
Primoris Services Corp. has 53,832,330 shares outstanding.
What happened to Primoris Services Corp.’s price movement after its last earnings report?
Primoris Services Corp. reported an EPS of -$0.27 in its last earnings report, beating expectations of -$0.354. Following the earnings report the stock price went down -8.2%.
Which hedge fund is a major shareholder of Primoris Services Corp.?
Currently, no hedge funds are holding shares in PRIM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Primoris Services Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$106.50 (42.38% Upside)
$106.50 (42.38% Upside)
Blogger Sentiment
Bullish
PRIM Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 20.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.09%
12-Months-Change
Fundamentals
Return on Equity
8.46%
Trailing 12-Months
Asset Growth
2.27%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Primoris Services Corp.
Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.
PRIM Company Deck
PRIM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call had a mixed but forward-looking tone. Current-quarter results were materially pressured by renewable project cost overruns, lower revenue, sharply reduced gross margins, weaker operating cash flow, and higher leverage. However, management emphasized record bookings and backlog, strong demand in utilities, natural gas generation, pipeline, and electrical services, better-than-expected PayneCrest performance, substantial liquidity, and expected sequential improvement through the second half of 2026. The positive outlook and backlog momentum were balanced by the severity of the renewables reset and the gradual pace of margin recovery.View all PRIM earnings summariesPRIM Stock 12 Month Forecast
Average Price Target
$106.50
▲(42.38% Upside)
Technical Analysis
Ownership Overview
0.87% Insiders
33.72% Mutual Funds
0.37% Other Institutional Investors
35.08% Public Companies and
Individual Investors