Primoris Services: A Rising Star In The Infrastructure Arena

Summary

  • Primoris Services has delivered strong long-term returns, with a 14.6% CAGR and nearly 300% total return over the past decade.
  • Revenue per share has grown impressively, gross margins remain stable, and return on invested capital is showing positive momentum.
  • The company recently increased its dividend after a long pause, with a low payout ratio suggesting future growth potential.
  • PRIM's Q1 2025 earnings beat expectations on both EPS and revenue, highlighting continued operational strength and execution.

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Company Description

Primoris Services Corporation (NYSE:PRIM) provides important infrastructure services including construction, maintenance, and engineering for companies in the utility and energy sectors across the United States and Canada. The company sports a current market cap of about $4B and employs

This article was written by

I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PRIM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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