Quanta Services, Inc. (PWR) To Go Ex-Dividend on October 1st

Quanta Services, Inc. (NYSE:PWR) announced a quarterly dividend on Wednesday, September 2nd. Investors of record on Thursday, October 1st will be given a dividend of 0.11 per share by the construction company on Friday, October 9th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, October 1st.

Quanta Services has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. Quanta Services has a dividend payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Quanta Services to earn $17.66 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 2.5%.

Quanta Services Stock Performance

Shares of PWR opened at $620.95 on Friday. The firm has a market capitalization of $93.35 billion, a PE ratio of 71.13, a P/E/G ratio of 2.00 and a beta of 1.20. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $653.14 and a 200 day moving average price of $642.74. Quanta Services has a 52-week low of $363.01 and a 52-week high of $788.75.

Quanta Services (NYSE:PWR) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.93. Quanta Services had a net margin of 4.03% and a return on equity of 20.55%. The company had revenue of $9.56 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the prior year, the business posted $2.48 EPS. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, sell-side analysts anticipate that Quanta Services will post 15.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on PWR shares. Zacks Research raised Quanta Services from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and issued a $833.00 price objective on shares of Quanta Services in a report on Thursday, August 13th. BTIG Research cut Quanta Services to a “hold” rating in a research note on Friday, July 31st. Oppenheimer raised Quanta Services from a “market perform” rating to an “outperform” rating and set a $800.00 target price on the stock in a report on Thursday, May 28th. Finally, UBS Group reissued a “buy” rating on shares of Quanta Services in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $769.25.

Quanta Services Company Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.