Primoris maps four-city investor conference schedule through July
Primoris Services Corporation (NYSE: PRIM) announced its management team will attend four institutional investor conferences from May to July 2026, including events hosted by KeyBanc Capital Markets, Wells Fargo, J.P. Morgan, and CJS Securities. An investor presentation will be available on the company's website prior to each conference. Primoris is a specialty contractor providing critical infrastructure services across the utility, energy, and renewables markets.
Primoris Services Investors Should Contact Block & Leviton to Possibly Recover Losses
Block & Leviton is investigating Primoris Services Corporation (NYSE: PRIM) for potential securities law violations after the company's stock fell over 40% following a disappointing Q1 2026 earnings report and a significant cut to its full-year adjusted EBITDA guidance. The firm is encouraging investors who have suffered losses to contact them to explore options for recovery, highlighting a discrepancy between previous positive statements and the current earnings reduction attributed to renewable energy project issues.
Roth Capital Maintains Buy Rating on Primoris (PRIM)
Roth Capital and KeyBanc both maintained Buy/Overweight ratings on Primoris Services Corporation (PRIM) despite the company's Q1 earnings miss and reduced 2026 EBITDA outlook due to issues in its energy segment. Analysts expect a recovery in core renewables operations and noted the market reaction to the earnings miss as potentially excessive. Primoris's CEO stated that while some renewables projects faced cost pressures, the majority are performing well, and demand remains strong across other segments.
Investigation into Primoris Services Corporation Investor Claims
Primoris Services Corporation (PRIM) is facing investor claims and legal investigations following a significant decline in its Q1 2026 revenue and net income, largely attributed to losses in its Energy segment and issues with renewable energy projects. The company revised its full-year 2026 EPS and EBITDA guidance downwards, leading to a sharp stock price drop and prompting law firms to investigate potential securities fraud. Analysts have subsequently downgraded price targets for PRIM, reflecting concerns over project delays, cost overruns, and overall financial performance.
Primoris Stock Falls After Disappointing Q1 Results
Primoris Services Corporation (NYSE: PRIM) shares fell significantly after the company reported disappointing first-quarter results, missing analyst expectations for both adjusted earnings per share and revenue. The company also slashed its full-year 2026 earnings outlook, primarily due to cost pressures on a limited number of renewables projects. Despite these issues, management noted improved performance and margin expansion in other business segments and strong bidding activity.
Why Is Primoris Services Stock Falling On Friday?
Primoris Services (PRIM) stock is experiencing a significant downturn on Friday, following a massive sell-off earlier in the week. This volatility is attributed to disappointing first-quarter results, analyst target cuts, and a drastic reduction in the company's full-year earnings per share forecast, primarily due to cost pressures in its renewables segment. The stock's technical indicators also show a strong downtrend.
Renewables costs cut Primoris profit as it closes PayneCrest deal
Primoris Services Corporation reported a decrease in Q1 2026 net income and adjusted EPS, primarily due to cost pressures on certain renewables projects. Despite these challenges, the Utilities segment saw growth, and the company completed its acquisition of PayneCrest Electric, Inc., expanding its capabilities in data center services. Primoris also updated its 2026 full-year outlook, incorporating PayneCrest, with expected EPS between $4.05 and $4.25.
PRIM (NYSE: PRIM) files Rule 144 notice on vested shares
PRIMIS Services Corp (NYSE: PRIM) has filed a Rule 144 notice for proposed sales of common shares through Fidelity Brokerage Services LLC. The filing indicates 245 shares vesting on March 1, 2025, and 655 shares vesting on March 1, 2026, both as compensation. This regulatory filing aims to provide transparency regarding future share sales by insiders.
Primoris Services Corp. Investigated for Securities Fraud; Investors Should Contact Block & Leviton to Possibly Recover Losses
Block & Leviton is investigating Primoris Services Corporation (NYSE: PRIM) for potential securities law violations after its stock fell over 40% following disappointing Q1 2026 results and a reduced full-year adjusted EBITDA guidance. The firm encourages investors who have lost money to contact them to learn about recovering losses, highlighting that the company's recent statements contradict earlier assurances regarding renewable energy project costs.
Primoris Services Corporation (NYSE:PRIM) Q1 2026 Earnings Call Transcript
Primoris Services Corporation reported Q1 2026 earnings, which were impacted by cost pressures and timing shifts in certain solar projects, leading to lower gross profit and margins. The company, however, expressed optimism for the future, highlighting strong performance in its Utility segment, growth opportunities in gas power generation and pipeline services, and the strategic acquisition of Paynecrest. Primoris provided an updated full-year outlook for 2026, anticipating improved revenue and margins in the latter half of the year as project challenges are addressed and new awards materialize.
Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Primoris Services Corporation
Ademi LLP is investigating Primoris Services Corporation (NYSE: PRIM) for potential securities fraud. This investigation stems from the company's acknowledgment on May 6, 2026, of operational issues in its preconstruction, estimating, and project management functions. Shareholders are invited to join the investigation regarding alleged inaccurate statements about the company's financial statements, business operations, and prospects.
Primoris (NYSE: PRIM) Q1 2026 earnings, PayneCrest deal and dividend detailed
Primoris Services Corporation (NYSE: PRIM) reported softer Q1 2026 results with reduced revenue and net income, notably impacted by delays and cost pressures in its Energy segment's renewables projects. Despite this, the company maintained a strong full-year outlook, raised its 2026 guidance, and completed the acquisition of PayneCrest Electric, Inc. for $399.5 million, expanding its electrical construction capabilities, particularly in data centers. The board also declared a quarterly cash dividend of $0.08 per share.
Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Primoris Services Corporation
Ademi LLP is investigating potential securities fraud claims against Primoris Services Corporation (NYSE: PRIM). The investigation was initiated following Primoris's acknowledgment of operational issues related to its preconstruction, estimating, and project management functions. Shareholders are invited to join the investigation or seek further information.
Primoris Stock Falls After Disappointing Q1 Results
Primoris Services (NYSE: PRIM) stock fell sharply after disappointing Q1 results, missing analyst estimates for earnings and revenue. The company also cut its full-year EPS guidance due to cost pressures on certain renewables projects. Despite these challenges, management noted improved performance elsewhere and strong bidding activity.
Primoris Services Reports Q1 2026 Results: Full Earnings Call Transcript
Primoris Services reported a Q1 revenue decline to $1.6 billion, down 5.4% year-over-year, largely due to solar project issues. The company is addressing these challenges through strategic changes in project management and geographic market selection, while also expanding its electrical services with the Panecrest acquisition. Primoris maintains an optimistic outlook for the solar market and anticipates significant project awards in natural gas generation and solar, projecting strong growth into 2027 despite near-term adjustments.
Why Did PRIM Stock Sink 28% Premarket Today?
Primoris Services Corp (PRIM) saw its stock decline 28% premarket after reporting first-quarter earnings that missed analyst expectations and lowering its full-year guidance for 2026. The company cited cost pressures on certain renewable projects and a decline in its renewable energy segment revenue as primary reasons for the shortfall. Despite the earnings miss, Primoris recently completed a significant acquisition of PayneCrest Electric, aiming to expand into the high-growth data center services market.
Primoris (PRIM) Q1 earnings drop while backlog and PayneCrest deal grow
Primoris Services Corporation (PRIM) reported a significant drop in first-quarter 2026 earnings, with net income falling to $17.4 million from $44.2 million year-over-year, and diluted EPS decreasing to $0.32 from $0.81. This decline was primarily attributed to weakness in the Energy segment, which experienced lower renewable energy activity, project redesigns, and labor challenges, leading to compressed gross margins. Despite the earnings hit, the Utilities segment saw growth, and the company reported a strong backlog of $11.64 billion, further bolstered by the strategic all-cash acquisition of PayneCrest Electric for $399.5 million, aimed at expanding electrical construction capabilities and enhancing exposure to high-growth data center markets.
Primoris Services Corporation (PRIM) Stock Falls on Q1 2026 Earnings
Primoris Services Corporation (PRIM) reported disappointing Q1 2026 results, with revenue down 5.4% year-over-year to $1.56 billion and diluted EPS falling 60.5% to $0.32, missing analyst estimates. This financial underperformance led to a significant 30.51% drop in the stock price. Insider trading data showed more sales than purchases, and while many institutional investors increased their positions, Goldman Sachs issued a "Sell" rating.
Primoris Services: Q1 Earnings Snapshot
Primoris Services Corp. reported first-quarter profit of $17.4 million, or 32 cents per share, which adjusted to 59 cents per share, falling short of Wall Street estimates of 87 cents per share. The construction contractor also missed revenue expectations, posting $1.56 billion against an anticipated $1.73 billion. For the full year, Primoris Services projects earnings between $4.80 and $5 per share.
Artemis Investment Management LLP Raises Stake in Primoris Services Corporation $PRIM
Artemis Investment Management LLP increased its stake in Primoris Services Corporation (NYSE:PRIM) by 4.2% during the fourth quarter, bringing its total holdings to 799,683 shares valued at approximately $99.27 million. Primoris Services stock opened at $180.01, with a market cap of $9.76 billion, and the company reported strong Q4 earnings, beating consensus estimates. Analysts have a "Moderate Buy" rating for Primoris Services, with a consensus price target of $157.00.
Primoris (PRIM) director granted $37,500 in restricted stock compensation
Primoris Services Corp director Michael E. Ching received a grant of 268 shares of common stock valued at $37,500 as part of the company's non-employee director compensation program. The restricted stock cannot be sold for twelve months from the grant date, and following this award, Ching directly holds 10,398 shares of Primoris common stock. This transaction was detailed in a Form 4 filing, emphasizing long-term equity compensation.
Director Patricia Wagner receives $37.5K Primoris (PRIM) restricted stock grant
Primoris Services Corp director Patricia K. Wagner was granted 268 shares of restricted common stock, valued at $37,500, as part of the company's non-employee director compensation program. These shares cannot be sold for twelve months and were priced based on the average closing price during March 2026. Following this grant, Wagner directly holds 3,105 shares and indirectly holds 4,495 shares through the Wagner Family Trust.
Primoris (PRIM) director granted $37,500 in restricted stock compensation
Primoris Services Corp director Carla S. Mashinski received a grant of 268 shares of common stock, valued at $37,500, as part of her regular board compensation under the non-employee director compensation program. These shares are restricted and cannot be sold for twelve months from the grant date. Following this transaction, Mashinski directly holds 22,092 shares in the company.
Primoris Services Corp (PRIM) director awarded 268 restricted shares
Primoris Services Corp director David Lee King was granted 268 restricted shares of common stock valued at $37,500 as part of the company's non-employee director compensation program. These shares, determined by the average closing price in March 2026, cannot be sold for twelve months and increase King's direct holdings to 34,941 shares. This transaction was reported in a Form 4 filing and indicates a neutral impact and sentiment.
[Form 4] Primoris Services Corp Insider Trading Activity
Primoris Services Corp director Terry D. McCallister reported an acquisition of 268 shares of common stock through a restricted stock grant valued at $37,500, as part of the non-employee director compensation program. These shares are restricted from sale for twelve months. Following this transaction, McCallister holds 21,124.554 direct common shares and 10,000 indirect shares through the Terry D. McCallister Trust.
Primoris (PRIM) director receives $37,500 restricted stock grant
Primoris Services Corp director Jose Ramon Rodriguez received a grant of 268 restricted shares of common stock as non-employee director compensation, valued at $37,500. These shares cannot be sold for twelve months and increase his direct holdings to 17,685 shares. The grant was based on the average closing price of PRIM during March 2026 and was reported in a Form 4 filing on May 1, 2026.
M&T Bank Corp Increases Stake in Primoris Services Corporation $PRIM
M&T Bank Corp significantly increased its stake in Primoris Services Corporation by 339.7% in Q4, holding 11,269 shares valued at $1.399 million. Other institutional investors like American Century, Wellington, and Mackenzie Financial also substantially boosted their positions, leading to a high institutional ownership of 91.82%. Primoris Services reported strong Q4 results, beating EPS estimates, and provided positive FY2026 guidance, with analysts currently rating the stock a "Moderate Buy."
Vanguard reports 2.74M-share stake in Primoris (NASDAQ: PRIM)
Vanguard Capital Management has reported a 5.04% beneficial ownership stake in Primoris Services Corp (NASDAQ: PRIM), totaling 2,738,684 shares. This disclosure, filed as a Schedule 13G, indicates a passive investment intent, with Vanguard holding sole dispositive power over all shares and sole voting power over 402,936 shares. The filing was signed by Ashley Grim, Head of Global Fund Administration, on April 30, 2026.
Primoris Services Corporation stock hits all-time high at 176.95 USD
Primoris Services Corporation (PRIM) stock reached an all-time high of $176.95, driven by a 1-year total return of 177.71% and strong investor confidence, despite being considered overvalued by InvestingPro analysis. The company recently announced the acquisition of PayneCrest Electric for $422 million, expanding its presence in the data center services market and electrical construction. Analyst firms Mizuho, Jefferies, and Wolfe Research have raised their price targets for Primoris, citing diversification and potential benefits from structural power demand growth.
Vest Financial LLC Has $5.64 Million Stock Position in Primoris Services Corporation $PRIM
Vest Financial LLC significantly increased its stake in Primoris Services Corporation by 52.3% in Q4, now holding 45,428 shares valued at approximately $5.64 million. Primoris Services reported strong Q4 earnings, surpassing analyst expectations with $1.08 EPS and $1.86 billion in revenue, and provided optimistic FY2026 guidance. Institutional ownership remains high at 91.82%, with several firms modifying their holdings, and various analysts offering ratings ranging from "Strong Buy" to "Sell."
Vanguard Portfolio Management stake in Primoris (PRIM) totals 3.70M shares (6.82%)
Vanguard Portfolio Management has reported a beneficial ownership of 3,701,284 shares in Primoris Services Corp (PRIM) as of March 31, 2026, representing 6.82% of the common stock. This disclosure was made via a Schedule 13G filing, indicating that Vanguard exercises sole dispositive power over these shares and limited sole voting power over 47,368 shares, with holdings comprising Vanguard funds and managed accounts.
Guggenheim Raises its Price Target on Primoris (PRIM) to $195
Guggenheim analyst Joseph Osha raised the price target on Primoris Services Corporation (NYSE:PRIM) to $195 from $184, maintaining a Buy rating. This follows Primoris's acquisition of PayneCrest Electric for $422M, which is expected to expand its presence in the data center services market and contribute significantly to revenue and adjusted EBITDA in 2026. Mizuho also raised its price target on PRIM to $175 with a Neutral rating, recognizing the strategic benefits of the acquisition.
Teacher Retirement System of Texas Trims Holdings in Primoris Services Corporation $PRIM
The Teacher Retirement System of Texas significantly reduced its stake in Primoris Services Corporation by 55.2% in Q4, selling over 23,000 shares. Despite this, several other institutional investors increased their holdings, and Primoris reported strong quarterly earnings, beating estimates, and issued positive FY2026 guidance. The company's stock is trading near its 52-week high, boasts a substantial market cap, and carries a "Moderate Buy" consensus rating from analysts.
First Trust affiliates hold 3.40M shares of Primoris (NASDAQ: PRIM) in Schedule 13G
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly reported beneficial ownership of 3,400,244 shares, representing 6.27% of Primoris Services Corporation's common stock as of March 31, 2026. This ownership is considered a passive investment, with shared voting power over 2,948,749 shares and shared dispositive power over all 3,400,244 shares. The filing clarifies that while First Trust Portfolios L.P. sponsors unit investment trusts holding some of these shares, no individual trust holds more than 3%, and the trustees typically exercise voting power.
Abacus FCF Advisors LLC Makes New Investment in Primoris Services Corporation $PRIM
Abacus FCF Advisors LLC has acquired a new position of 51,466 shares, valued at approximately $6.39 million, in Primoris Services Corporation (NYSE:PRIM). This investment represents about 0.10% of the company, with institutional investors now owning 91.82% of the stock. Primoris Services recently surpassed Q4 earnings estimates with $1.08 EPS and $1.86 billion in revenue, and has provided positive FY2026 guidance, maintaining a "Moderate Buy" average analyst rating.
Primoris Services Corporation stock hits all-time high at 175.09 USD
Primoris Services Corporation's stock reached an all-time high of $175.09, reflecting a 198% one-year total return and strong investor confidence, despite being considered overvalued by InvestingPro. The company recently announced the acquisition of PayneCrest Electric for $422 million, aimed at expanding its data center services, a move that analysts at Mizuho, Jefferies, and Wolfe Research have positively evaluated, raising price targets. Additionally, a long-serving board member, John P. Schauerman, announced his retirement.
Primoris Services Corporation Schedules First Quarter 2026 Earnings Conference Call and Webcast
Primoris Services Corporation announced that it will report its first quarter 2026 financial results on Tuesday, May 5, 2026, after market close. The company will host a conference call and webcast on Wednesday, May 6, 2026, at 9:00 a.m. U.S. Central Time to discuss the results and business outlook. A replay of the call will be available afterward.
Primoris to post Q1 results May 5, with outlook webcast May 6
Primoris Services Corporation (NYSE: PRIM) announced it will report its first quarter 2026 financial results on Tuesday, May 5, 2026, after market close. Following the release, management will host a conference call and webcast on Wednesday, May 6, 2026, at 9:00 a.m. U.S. Central Time to discuss the results and business outlook. Interested parties can access the webcast via the "Investors" section of the Company's website.
Primoris services director McAllister buys $1667 in stock
Primoris Services Corp (NASDAQ:PRIM) Director Terry D. McAllister recently purchased 10.144 shares for $1,667 through a dividend reinvestment plan. This transaction occurred as PRIM shares are up 193% over the past year, though InvestingPro data suggests the stock may be overvalued. The company also announced the acquisition of PayneCrest Electric for $422 million, aimed at expanding its data center services and electrical construction capabilities.
Primoris services director McAllister buys $1667 in stock
Director Terry D. McAllister of Primoris Services Corp recently purchased 10.144 shares of common stock for $1667 through a dividend reinvestment plan. This transaction occurred amidst PRIM shares trading near $164.81, showing a significant 193% increase over the past year. The purchase follows Primoris's strategic acquisition of PayneCrest Electric and positive analyst coverage, reflecting continued growth and strategic developments for the company.
Primoris services director McAllister buys $1667 in stock By Investing.com
Primoris Services Corp (NASDAQ:PRIM) Director Terry D. McAllister recently purchased 10.144 shares of common stock for $1,667 through a dividend reinvestment plan. This transaction comes as PRIM shares have surged 193% over the past year, though InvestingPro data suggests the stock might be overvalued. In related news, Primoris is set to acquire PayneCrest Electric for $422 million, and several analysts have raised their price targets for the company.
Primoris (PRIM) director boosts holdings through dividend reinvestment
Primoris Services Corp director Terry D. McCallister acquired an additional 10.144 shares of common stock at $164.404 per share through an automatic dividend reinvestment plan. Following this transaction, McCallister's direct holdings increased to 20,856.554 shares, while he also indirectly holds 10,000 shares through a trust. This transaction is considered neutral in its filing impact and sentiment, as it reflects an automatic process rather than a discretionary purchase.
Phocas Financial Corp. Sells 77,087 Shares of Primoris Services Corporation $PRIM
Phocas Financial Corp. significantly reduced its stake in Primoris Services Corporation by selling 77,087 shares, a 55.2% trim, leaving it with 62,478 shares valued at $7.756 million. Despite this, Primoris Services maintains a "Moderate Buy" consensus rating from analysts with an average price target of $156.31. The company recently reported strong Q4 earnings, beating estimates with $1.08 EPS and $1.86 billion in revenue, and announced a quarterly dividend.
Primoris Services Corporation $PRIM Shares Bought by Massachusetts Financial Services Co. MA
Massachusetts Financial Services Co. significantly increased its stake in Primoris Services Corporation (NYSE:PRIM), boosting its ownership by over 2,300% in Q4 2025 to 314,426 shares. This move comes as Primoris exceeded Q4 earnings and revenue expectations and provided strong FY2026 guidance, attracting a "Moderate Buy" consensus from analysts with an average target price of $156.31. Other institutional investors like American Century Companies Inc. and Wellington Management Group LLP also increased their positions in the company.
Tudor Investment Corp ET AL Has $1.44 Million Stake in Primoris Services Corporation $PRIM
Tudor Investment Corp ET AL reduced its stake in Primoris Services Corporation by 37.8%, now holding 10,502 shares valued at $1.44 million. Despite this, institutional investors collectively own 91.82% of the stock, with other firms like Leuthold Group and Federated Hermes increasing their positions. Wall Street analysts maintain a "Moderate Buy" consensus with an average target price of $156.31, following Primoris Services' strong Q3 earnings beat and positive FY2026 guidance.
Primoris Services Corp (PRIM) Stock Up 4.5% but GF Value Says Ov
Primoris Services Corp (PRIM) shares rose 4.5% to $163.71, yet GuruFocus's GF Value indicates significant overvaluation at 136.2% above its intrinsic value of $69.32. Despite a strong GF Score of 86/100, reflecting robust growth and profitability, the high current P/E ratio compared to historical averages suggests caution for investors. Insiders have shown no buying or selling activity, maintaining a neutral stance.
Phocas Financial Corp. Has $7.76 Million Stock Holdings in Primoris Services Corporation $PRIM
Phocas Financial Corp. significantly reduced its stake in Primoris Services Corporation (NYSE:PRIM) by 55.2% in the fourth quarter, selling 77,087 shares and retaining 62,478 shares valued at $7.76 million. Despite this, institutional investors collectively own 91.82% of PRIM, and analysts maintain a "Moderate Buy" rating with an average target price of $154.53. Primoris recently surpassed Q4 estimates with $1.08 EPS and $1.86 billion in revenue, also setting FY2026 guidance and declaring a $0.08 quarterly dividend.
PRIM Technical Analysis & Stock Price Forecast
This article provides a technical analysis and stock price forecast for Primoris Services Corp (PRIM) as of April 2, 2026. It indicates a "Strong Buy" technical consensus based on an aggregation of 12 technical signals. Key metrics like RSI, MACD, and moving averages are discussed, along with support and resistance levels.
Primoris (PRIM) COO shifts 147 new shares into family trust after RSU vest
Primoris Services Corp COO Jeremy Kinch reported routine equity compensation activity, including the vesting of 244 restricted stock units (RSUs). After 97 shares were withheld for tax obligations, the remaining 147 shares were transferred as a bona fide gift to the Kinch Family Trust. This transaction reclassified his ownership from direct to indirect, with the trust now holding 25,681 shares indirectly.
Primoris Services Corp. (US74164F1030.SG) latest press releases and corporate news
This page provides the latest press releases and corporate news for Primoris Services Corp. (US74164F1030.SG), including an announcement of their acquisition of PayneCrest Electric, Inc., reported fourth-quarter and full-year 2025 results, and scheduled earnings calls. The stock price for Primoris Services Corp. is shown as 128.00 EUR, with a decrease of 1.54%.
