Primoris Services (PRIM) Projected to Release Earnings on Tuesday

Primoris Services (NYSE:PRIM) will likely be issuing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.7740 per share and revenue of $2.00 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:00 AM ET.

Primoris Services (NYSE:PRIM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.08. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.73 billion. Primoris Services had a net margin of 1.92% and a return on equity of 9.96%. The company’s revenue was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.68 earnings per share. On average, analysts expect Primoris Services to post $1.77 EPS for the current fiscal year and $4.82 EPS for the next fiscal year.

Primoris Services Stock Performance

Shares of PRIM opened at $66.37 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 21.60 and a beta of 1.44. The company’s 50 day simple moving average is $76.22 and its 200 day simple moving average is $114.66. Primoris Services has a 1 year low of $62.40 and a 1 year high of $205.50.

Primoris Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 30th. Primoris Services’s payout ratio is presently 12.55%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Guggenheim cut their price target on Primoris Services from $162.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, August 6th. UBS Group restated a “neutral” rating on shares of Primoris Services in a report on Monday, August 10th. Oppenheimer started coverage on Primoris Services in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $135.00 price objective for the company. Weiss Ratings downgraded Primoris Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $99.00 target price on shares of Primoris Services in a research note on Thursday, October 8th. Ten analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Primoris Services currently has an average rating of “Moderate Buy” and an average price target of $123.47.

About Primoris Services

Primoris Services Corporation (NYSE: PRIM) is a specialty contractor that provides construction, engineering, maintenance and fabrication services for critical infrastructure. The company serves customers in the energy, utilities and industrial markets, with work spanning power generation, power delivery, natural gas, renewable energy, petrochemical and industrial facilities.

Its services include utility and transmission construction, renewable energy development support, underground and overhead infrastructure, pipeline construction, facility maintenance, environmental services and specialty industrial construction.