Primoris Services Corporation (PRIM) to Issue Quarterly Dividend of $0.08 on July 15th

Posted by Francis Steltz on Jun 28th, 2026

Primoris Services Corporation (NYSE:PRIM – Get Free Report) declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.08 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, June 30th.

Primoris Services has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Primoris Services has a dividend payout ratio of 6.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Primoris Services to earn $4.95 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 6.5%.

Primoris Services Price Performance

PRIM opened at $93.13 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $5.05 billion, a P/E ratio of 20.51 and a beta of 1.36. The company’s 50-day simple moving average is $124.85 and its two-hundred day simple moving average is $137.38. Primoris Services has a 52-week low of $65.00 and a 52-week high of $205.50.

Primoris Services (NYSE:PRIM – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.59 EPS 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 company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the prior year, the firm earned $0.98 earnings per share. The business’s revenue was down 5.4% compared to the same quarter last year. Primoris Services has set its FY 2026 guidance at 4.800-5.000 EPS. As a group, analysts predict that Primoris Services will post 1.91 EPS for the current year.

More Primoris Services News

Here are the key news stories impacting Primoris Services this week:

Positive Sentiment: Goldman Sachs upgraded Primoris from sell to neutral, suggesting the stock may be less weak than before, even though the firm still trimmed its price target. Goldman’s revised target implies some upside from recent trading levels.
Neutral Sentiment: Cantor Fitzgerald lowered its price target on Primoris and kept a neutral stance, signaling a more cautious but not outright bearish view from another analyst.
Neutral Sentiment: AAII published a comparison piece on Primoris versus MYR Group, which appears informational rather than a direct company catalyst. Article Title
Negative Sentiment: KeyCorp sharply cut earnings estimates for Primoris across Q2, Q3, Q4, and FY2026, reflecting a much weaker outlook for profitability and adding pressure on the stock.
Negative Sentiment: Pomerantz LLP and Bragar Eagel & Squire both announced investigations into Primoris on behalf of stockholders, which raises the risk of legal overhang and investor concern. Article Title
Negative Sentiment: Seeking Alpha and PR Newswire reports highlighted worsening execution problems in Primoris’ renewables projects, including additional cost overruns, expanded project issues, and the departure of the COO. These developments reinforce fears that operational problems could keep weighing on earnings and sentiment. Article Title Article Title

About Primoris Services

(Get Free Report)

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.