Primo Brands (PRMB) Expected to Announce Earnings on Thursday

Primo Brands (NYSE:PRMBGet Free Report) is expected to release its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Primo Brands to post earnings of $0.24 per share and revenue of $1.5774 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 6:00 AM ET.

Primo Brands (NYSE:PRMBGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Primo Brands had a net margin of 0.90% and a return on equity of 14.52%. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, analysts expect Primo Brands to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Primo Brands Stock Performance

Shares of PRMB stock opened at $20.09 on Tuesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.78 and a current ratio of 0.95. Primo Brands has a one year low of $14.36 and a one year high of $33.70. The company’s 50-day simple moving average is $20.04 and its 200-day simple moving average is $18.75. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 133.91, a PEG ratio of 1.60 and a beta of 0.66.

Primo Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.48 annualized dividend and a dividend yield of 2.4%. Primo Brands’s dividend payout ratio (DPR) is presently 320.00%.

Institutional Investors Weigh In On Primo Brands

Large investors have recently made changes to their positions in the company. Caption Management LLC acquired a new position in shares of Primo Brands during the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC increased its stake in shares of Primo Brands by 102.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,091 shares of the company’s stock valued at $62,000 after acquiring an additional 1,058 shares during the period. Picton Mahoney Asset Management increased its stake in shares of Primo Brands by 65.2% during the fourth quarter. Picton Mahoney Asset Management now owns 2,153 shares of the company’s stock valued at $35,000 after acquiring an additional 850 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of Primo Brands by 21,481.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,374 shares of the company’s stock valued at $39,000 after acquiring an additional 2,363 shares during the period. Finally, Quarry LP increased its stake in shares of Primo Brands by 516.6% during the fourth quarter. Quarry LP now owns 2,380 shares of the company’s stock valued at $39,000 after acquiring an additional 1,994 shares during the period. Institutional investors and hedge funds own 87.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PRMB shares. Morgan Stanley reissued an “overweight” rating on shares of Primo Brands in a report on Monday, January 5th. Weiss Ratings raised shares of Primo Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Zacks Research raised shares of Primo Brands from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Mizuho raised their target price on shares of Primo Brands from $24.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Finally, Royal Bank Of Canada set a $28.00 target price on shares of Primo Brands in a report on Thursday, April 9th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Primo Brands has a consensus rating of “Moderate Buy” and a consensus price target of $25.82.

View Our Latest Analysis on PRMB

About Primo Brands

(Get Free Report)

Primo Brands (NYSE: PRMB) is a consumer packaged beverage company that was established as an independent entity following a corporate spin‐off in 2023. The company specializes in the production, marketing and distribution of a broad portfolio of bottled water products, including purified, mineral and sparkling varieties. Through its focus on quality control and innovation, Primo Brands aims to deliver clean, great-tasting water in formats tailored to both at-home consumption and on-the-go lifestyles.

Its product range spans multi-serve and single-serve bottles, aluminum cans and other eco-friendly packaging solutions.

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Earnings History for Primo Brands (NYSE:PRMB)

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