Quanta Services, Inc. Announces Quarterly Dividend of $0.11 (NYSE:PWR)

Quanta Services, Inc. (NYSE:PWR) announced a quarterly dividend on Friday, March 20th. Stockholders of record on Thursday, April 2nd will be paid a dividend of 0.11 per share by the construction company on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd.

Quanta Services has raised its dividend payment by an average of 0.1%per year 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% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Quanta Services to earn $10.38 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 4.2%.

Quanta Services Trading Down 3.8%

Shares of NYSE PWR traded down $22.23 during mid-day trading on Friday, reaching $555.73. The company had a trading volume of 1,688,806 shares, compared to its average volume of 1,127,377. The stock has a market cap of $83.15 billion, a price-to-earnings ratio of 81.72, a price-to-earnings-growth ratio of 2.60 and a beta of 1.10. Quanta Services has a 52 week low of $227.08 and a 52 week high of $583.73. The business’s 50-day moving average is $515.67 and its 200-day moving average is $457.74. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58.

Quanta Services (NYSE:PWR) last released its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities analysts expect that Quanta Services will post 9.34 earnings per share for the current year.

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.