Mizuho has initiated coverage on Primoris Services Corp (PRIM) with a Neutral rating as of September 3, 2025. This marks the firm's first assessment of the company, reflecting its analysis of Primoris's business, industry dynamics, and growth prospects.
Primoris, a holding company based in Dallas, Texas, specializes in construction, fabrication, maintenance, replacement, and engineering services. It operates primarily through two segments: Utilities and Energy. The Utilities segment focuses on the installation and maintenance of natural gas and electric utility distribution systems, while the Energy segment offers a range of services for the energy, renewable energy, and petrochemical industries across the U.S. and Canada.
As of now, Primoris Services Corp has a market capitalization of $6.6 billion and a P/E ratio of 23.88. The company reported an EPS of $5.06 for the trailing twelve months and boasts a dividend yield of 26.1%. Upcoming earnings are scheduled for August 3, 2026, with an estimated EPS of $1.67 and revenue of $2.1 billion.
Analyst ratings provide valuable insights but should be considered alongside a variety of factors, including company fundamentals and market conditions. The consensus among analysts currently stands at 4 Strong Buy, 11 Buy, and 3 Hold, reflecting a generally favorable outlook for the company. Analyst opinions can evolve as new information emerges, underscoring the importance of a comprehensive approach to investment decisions.