PRIM · Primoris Services Corp
$83.60
+0.94 (+1.14%)
At close · Oct 9
Return incl. dividend (before tax)
Market Cap
$4.50B
Shares
53.83M
Volume · Oct 9
1.54M
Avg daily vol (3M)
1.29M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$83.60
Open$83.93
Day$82.39–85.48
52W close$71.12–202.92
Avg vol 30d1.3M
Short int5.0M · 9.4% float · 3.7d
Short vol53%
Last earningsAug 5, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 5
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 3 wks
filed Aug 5, 2026
call held Aug 5, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$7.28B
Trailing 12 months
Net income (TTM)
$139.60M
Trailing 12 months
Revenue growth YoY
-10.7%
Year over year
Operating margin
2.9%
Trailing 12 months
P / E (TTM)
32.8
Trailing earnings · reciprocal yield 3.1%
FCF yield
2.0%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
0.4%
Trailing 12 months
Shares change YoY
-1.5%
Year over year · fewer shares
Price change (1Y)
-39.2%
Trailing year
Short interest
9.4%
Latest settlement · 3.7 days to cover
AI Brief
Q1 FY26 earnings call · May 6, 2026
Q1 FY26
TL;DR. Primoris reported Q1 renewables cost overruns on six projects and slashed full-year 2026 guidance, with the 8-K further cutting EPS to $1.30-$1.85 and Adjusted EBITDA to $275-$325M while announcing the COO's departure and a $2.0B Q2 Energy segment award.
Bullish
- + Strong renewables and gas generation pipeline supports future growth, with $1.1B in verbal renewables awards, ~$800M in imminent gas generation awards, and a $7.1B identified gas power opportunity.
- + Closed $2.0B in Q2 Energy segment project awards focused on natural gas generation, industrial, and electric construction supporting power load growth and data centers.
- + Repurchased ~$50M of common stock at an average price of $111.29 in Q2 2026, signaling management confidence, with ~$100M remaining under the buyback authorization.
Bearish
- − Cut full-year 2026 renewables revenue outlook to approximately $2.3B (and further to $2.1B in the 8-K) due to project delays and cost overruns.
- − Slashed full-year 2026 guidance in the 8-K: Adjusted EBITDA to $275-$325M (from $480-$500M), Adjusted EPS to $2.05-$2.60 (from $4.80-$5.00), and GAAP EPS to $1.30-$1.85 (from $4.05-$4.25).
- − Q1 net income was reduced by approximately $110M of EBITDA impact (excluding Pancrest) from renewables revenue pushouts, cost overruns, and lower completion margins.
- − Net interest expense guidance raised to $35-$38M from prior $23-$26M due to ~$400M term loan increase to fund the Paincrest acquisition.
- − COO Jeremy Kinch departed the company effective June 22, 2026, with CEO Vadlamudi assuming COO responsibilities on an interim basis.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 14.8 · calm
Equity put/call 0.56
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−29%
below
Price vs 50-day avg
+7%
above
RSI (14)
62
neutral
MACD trend
Positive
52-week position
9%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+11%
trailing
6-month return
−49%
trailing
YTD return
−33%
this year
Relative strength
−59%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $78 › 200d $118 — 200d above 50d
Institutional flow
Distributing
18 of 455 funds reported for Sep 30 · net -2.4K sh shares · +4 new
Insider flow
Accumulating
Net +$1.6K over 90 days · 0% sells
Short interest
Falling
9.36% of float · ▼ -7.4% MoM · 3.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
455 holders — mid 3-yr range
Squeeze score
62
elevated · 0–100
Fundamentals
Revenue growth
+19%
Y/Y
Gross margin
11%
contracting
EPS growth
+52%
Y/Y
Free cash flow
$340.5M
Valuation
P/E 32.8
in line
Buyback
$100.0M
remaining
Balance sheet
$65.6M
net cash
Quant / Vol
risk profile
Volatility
79%
annualized · 1-yr
Max drawdown
−65%
past year
ATR
4.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 5, 2026
full year 2026
EPS
$1.30 – $1.85
prior FY $5.02
midpoint −68.6% Y/Y
Adjusted EBITDA
$275M – $325M
Adjusted EPS
$2.05 – $2.60
Gross margins in the energy segment
6% – 8%
second half of the year
Renewables bookings
$1.5B – $2B
full year
Effective tax rate
30% – 32%
Net gas generation revenue
$500M – $600M
fourth quarter
Adjusted EBITDA
$100M – $120M
Energy segment margin
8% – 10%
Prior guidance
period ended
· from the Earnings Call filed Aug 5, 2026
Adjusted EBITDA
· third quarter
$90M – $110M
Energy segment margin
· third quarter
6% – 8%
Guided vs delivered
· last 1 settled
Earnings per fully diluted share
full year 2021
guided $2.10 – $2.20
$2.17
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−29%
Bearish
Price vs 50-day avg
+7%
Bullish
RSI (14)
62
Neutral
MACD trend
Positive
Bullish
52-week position
9%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $78 › 200d $118 — 200d above 50d
Institutional flow
Distributing
18 of 455 funds reported for Sep 30 · net -2.4K sh shares · +4 new
Insider flow
Accumulating
Net +$1.6K over 90 days · 0% sells
Short interest
Falling
9.36% of float · ▼ -7.4% MoM · 3.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
455 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $71
Now $84 · 9%
Range high $203
vs 200-day avg -29%
vs 50-day avg +7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Revenue negatively impacted by changes in estimates associated with performance obligations sati | $71.1M | the three months ended June 30, 2026 filing | — |
| Adjusted diluted (loss) earnings per share non-GAAP | -$0.27 | three months ended June 30, 2026 | — |
| Adjusted diluted earnings per share non-GAAP | $0.32 | six months ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $71.9M | six months ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBITDA 53M
+10.9M Non-cash stock-based compensation
+7.4M Transaction/integration and related costs
+0.6M COO severance costs
= Adjusted EBITDA 71.9M
|
|||
| Adjusted loss per diluted share non-GAAP | $0.27 | the second quarter of 2026 | — |
| Adjusted net (loss) income non-GAAP | -$14.6M | three months ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net (loss) income (as reported GAAP) -24.2M
+3.2M Non-cash stock-based compensation
+2.9M Transaction/integration and related costs
+10.4M Amortization of intangible assets
+0.5M Amortization of debt issuance costs
+0.6M COO severance costs
-8M Income tax impact of adjustments
= Adjusted net (loss) income -14.6M
|
|||
| Adjusted net income non-GAAP | $17.5M | six months ended June 30, 2026 | — |
| Adjusted net loss non-GAAP | $14.6M | the second quarter of 2026 | — |
| Capital expenditures | 50.3M | the six months ended June 30, 2026 | — |
| Energy Backlog | 6.2B | June 30, 2026 | — |
| Liquidity | 958.9M | June 30, 2026 | — |
| Share purchases aggregate price | 50M | the three months ended June 30, 2026 | — |
| Shares purchased under share purchase program | 449,287 | the three months ended June 30, 2026 | — |
| Total backlog | 13.9B | the second quarter of 2026 | — |
| Total master service agreement ("MSA") backlog | 8.2B | the second quarter of 2026 | — |
| Utilities Backlog | 7.7B | June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Engineering & Construction — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PRIM
this stock
Primoris Services Corp
|
$4.50B | -32.7% | +19.0% | 32.8 | 9.4% |
|
PWR
Quanta Services, Inc.
|
$106.13B | +67.3% | +13.4% | 80.9 | 2.1% |
|
FIX
Comfort Systems USA Inc
|
$60.38B | +83.8% | -73.9% | 42.2 | 2.4% |
|
FER
Ferrovial N.V.
|
$36.10B | -22.4% | — | — | 0.7% |
|
EME
EMCOR Group, Inc.
|
$34.82B | +29.0% | +16.6% | 24.6 | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PRIM | +5.7% | +11.1% | -49.3% | +12.2% | -32.7% |
| SPY | +1.2% | +1.9% | +9.9% | +2.1% | +14.2% |
| vs SPY | +4.6% | +9.2% | -59.1% | +10.1% | -46.8% |
Capital returns
Latest dividend
$0.08
/ share · ex Sep 30, 2026
Paid (TTM)
$0.32
/ share · 4 payouts
Dividend yield (TTM, derived)
0.38%
Buyback program
· as of Jun 30, 2026
Authorized
$150.00M
Spent (derived)
$50.00M
Remaining
$100.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1361538
CUSIP
74164F103
13F (30d)
28 filings
18 filers
Visit website
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