Primoris Services (NYSE:PRIM – Get Free Report) is projected to issue its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of ($0.35) per share and revenue of $1.7341 billion for the quarter. Primoris Services has set its FY 2026 guidance at 4.800-5.000 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 10:00 AM ET.
Primoris Services (NYSE:PRIM – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.28). Primoris Services had a return on equity of 16.48% and a net margin of 3.31%.The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same period last year, the company posted $0.98 EPS. The business’s revenue was down 5.4% on a year-over-year basis. On average, analysts expect Primoris Services to post $2 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Primoris Services Stock Down 1.0%
Shares of NYSE:PRIM opened at $85.61 on Tuesday. The firm has a fifty day moving average price of $101.24 and a two-hundred day moving average price of $131.61. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 18.86 and a beta of 1.41. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.28 and a quick ratio of 1.28. Primoris Services has a one year low of $65.00 and a one year high of $205.50.
Primoris Services Dividend Announcement
Trending Headlines about Primoris Services
Here are the key news stories impacting Primoris Services this week:
- Neutral Sentiment: The lawsuit covers investors who purchased Primoris securities between August 5, 2025, and June 22, 2026. September 21, 2026, is the deadline for investors to seek appointment as lead plaintiff. Kessler Topaz securities class action notice
- Negative Sentiment: Several investor law firms are soliciting shareholders in connection with allegations that Primoris and its executives misled investors about the company’s project-management capabilities and related business prospects. The claims involve alleged violations of federal securities laws; they have not been proven in court. Primoris investor class action alert
- Negative Sentiment: The case creates potential litigation costs, management distraction, settlement or damages exposure, and further uncertainty about the company’s operating disclosures. The high volume of substantially similar law-firm announcements is likely amplifying the negative sentiment surrounding PRIM. Rosen Primoris securities lawsuit notice
Insiders Place Their Bets
In other Primoris Services news, Director David Lee King sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $119.09, for a total transaction of $2,381,800.00. Following the sale, the director owned 14,941 shares in the company, valued at $1,779,323.69. This trade represents a 57.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John M. Perisich sold 29,707 shares of Primoris Services stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $127.86, for a total value of $3,798,337.02. Following the sale, the insider directly owned 27,574 shares of the company’s stock, valued at approximately $3,525,611.64. This trade represents a 51.86% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by corporate insiders.
Institutional Trading of Primoris Services
A number of hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in Primoris Services by 34.5% during the first quarter. NewEdge Advisors LLC now owns 757 shares of the company’s stock valued at $43,000 after acquiring an additional 194 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Primoris Services by 7.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 493,594 shares of the company’s stock worth $28,337,000 after acquiring an additional 33,934 shares during the last quarter. Caxton Associates LLP purchased a new stake in shares of Primoris Services in the 1st quarter valued at $268,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Primoris Services by 25.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 168,090 shares of the company’s stock valued at $9,650,000 after purchasing an additional 33,818 shares in the last quarter. Finally, M&T Bank Corp bought a new position in shares of Primoris Services during the 2nd quarter valued at $274,000. Institutional investors own 91.82% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on PRIM. Roth Capital restated a “buy” rating and set a $100.00 target price on shares of Primoris Services in a research report on Monday, July 20th. Wells Fargo & Company lowered their price target on Primoris Services from $118.00 to $85.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 23rd. JPMorgan Chase & Co. raised Primoris Services from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $105.00 to $116.00 in a report on Monday, June 29th. Oppenheimer began coverage on shares of Primoris Services in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $135.00 price objective on the stock. Finally, Needham & Company LLC lowered their target price on shares of Primoris Services from $188.00 to $172.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.47.
Get Our Latest Stock Report on Primoris Services
About Primoris Services
Primoris Services Corporation, a specialty contractor company, provides a range of 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, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation.
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