PRIM icon

Primoris Services

74.25 USD
+0.53
0.72%
At close Jun 13, 4:00 PM EDT
After hours
74.25
+0.00
0.00%
1 day
0.72%
5 days
-2.84%
1 month
-2.98%
3 months
13.67%
6 months
-6.49%
Year to date
-3.43%
1 year
38.14%
5 years
344.34%
10 years
284.52%
 

About: Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are the Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance, and others.

Employees: 15,716

0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

31% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 111

25% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 61

4.29% more ownership

Funds ownership: 94.58% [Q4 2024] → 98.87% (+4.29%) [Q1 2025]

2% more funds holding

Funds holding: 356 [Q4 2024] → 363 (+7) [Q1 2025]

22% less capital invested

Capital invested by funds: $3.88B [Q4 2024] → $3.02B (-$858M) [Q1 2025]

56% less funds holding in top 10

Funds holding in top 10: 16 [Q4 2024] → 7 (-9) [Q1 2025]

64% less call options, than puts

Call options by funds: $3.48M | Put options by funds: $9.7M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$74
0%
upside
Avg. target
$87
17%
upside
High target
$110
48%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Keybanc
Sangita Jain
0%downside
$74
Overweight
Maintained
7 May 2025
Piper Sandler
Kashy Harrison
2%upside
$76
Overweight
Maintained
7 May 2025
Guggenheim
Joseph Osha
48%upside
$110
Buy
Reiterated
10 Apr 2025

Financial journalist opinion

Based on 4 articles about PRIM published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Is Primoris Services (PRIM) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Primoris Services (PRIM) Stock Undervalued Right Now?
Neutral
Business Wire
2 weeks ago
Primoris Services Corporation to Participate in Investor Conferences
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in three upcoming institutional investor conferences. Stifel 2025 Boston Cross Sector 1x1 Conference –Boston, Massachusetts on June 3, 2025 JP Morgan Energy, Power, Renewables & Mining Conference –New York City, New York on June 24, 2025 CJS Securities 25th Annual “New Ideas” Summer Conference –White Plains, New York on July 10.
Primoris Services Corporation to Participate in Investor Conferences
Positive
Seeking Alpha
3 weeks ago
Primoris Services: A Rising Star In The Infrastructure Arena
Primoris Services has delivered strong long-term returns, with a 14.6% CAGR and nearly 300% total return over the past decade. Revenue per share has grown impressively, gross margins remain stable, and return on invested capital is showing positive momentum. The company recently increased its dividend after a long pause, with a low payout ratio suggesting future growth potential.
Primoris Services: A Rising Star In The Infrastructure Arena
Positive
Zacks Investment Research
4 weeks ago
Primoris Services (PRIM) Is Up 3.20% in One Week: What You Should Know
Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Primoris Services (PRIM) Is Up 3.20% in One Week: What You Should Know
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy Primoris Services (PRIM) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Primoris Services (PRIM) Stock?
Positive
Zacks Investment Research
1 month ago
Why Fast-paced Mover Primoris Services (PRIM) Is a Great Choice for Value Investors
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Primoris Services (PRIM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Why Fast-paced Mover Primoris Services (PRIM) Is a Great Choice for Value Investors
Neutral
Seeking Alpha
1 month ago
Primoris Services Corporation (PRIM) Q1 2025 Earnings Call Transcript
Primoris Services Corporation (NYSE:PRIM ) Q1 2025 Results Conference Call May 6, 2025 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations David King - Chairman and Interim President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Lee Jagoda - CJS Securities Brian Russo - Jefferies Brent Thielman - DA Davidson Kevin Gainey - Thompson Davis Adam Bubes - Goldman Sachs Alex Dwyer - KeyBanc Capital Markets Drew Chamberlain - JPMorgan Julio Romero - Sidoti & Company Avi Jaroslawicz - UBS Financial Will Dezellem - Tieton Capital Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
Primoris Services Corporation (PRIM) Q1 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Primoris Services (PRIM) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Primoris Services (PRIM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Primoris Services (PRIM) Reports Q1 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 month ago
Primoris Services (PRIM) Tops Q1 Earnings and Revenue Estimates
Primoris Services (PRIM) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.47 per share a year ago.
Primoris Services (PRIM) Tops Q1 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
CORRECTING and REPLACING Primoris Services Corporation Reports First Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--In the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, Revenue for the Three Months Ended March 31, 2025, should be $1,648,112 (instead of $81,648,112). The updated release reads: PRIMORIS SERVICES CORPORATION REPORTS FIRST QUARTER 2025 RESULTS Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on the Company's operational performance and outlook for 202.
CORRECTING and REPLACING Primoris Services Corporation Reports First Quarter 2025 Results
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