Primoris Services (NYSE:PRIM) Announces Earnings Results, Beats Estimates By $0.39 EPS

Posted by Francis Steltz on Nov 3rd, 2026

Primoris Services (NYSE:PRIM – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.39, FiscalAI reports. Primoris Services had a return on equity of 9.96% and a net margin of 1.92%. The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2 billion.

Primoris Services Stock Up 8.0%

Primoris Services stock traded up $5.87 during mid-day trading on Tuesday, hitting $79.66. The company’s stock had a trading volume of 1,614,859 shares, compared to its average volume of 1,415,013. Primoris Services has a 52-week low of $62.40 and a 52-week high of $205.50. The company has a market cap of $4.29 billion, a PE ratio of 31.24 and a beta of 1.44. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.18 and a quick ratio of 1.18. The firm’s 50 day moving average is $75.20 and its 200 day moving average is $112.89.

Analyst Ratings Changes

PRIM has been the topic of several analyst reports. Piper Sandler started coverage on shares of Primoris Services in a research report on Wednesday, September 9th. They issued a “neutral” rating and a $90.00 target price on the stock. Zacks Research upgraded shares of Primoris Services from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Needham & Company LLC reduced their price target on shares of Primoris Services from $188.00 to $172.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Weiss Ratings lowered shares of Primoris Services from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Primoris Services in a research note on Monday, July 20th. Ten investment analysts have rated the stock with a Buy rating and seven have given a Hold 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 $123.47.

View Our Latest Stock Analysis on Primoris Services

Primoris Services Company Profile

(Get Free Report)

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.