Tutor Perini (TPC) Stock Forecast & Price Target
TPC$83.29+2.04 +2.51%
$4.38B
Market Cap
33.28
P/E
25.60
Forward P/E
—
Score
Tutor Perini (TPC) Stock Forecast & Price Target
TPC price $83.29 +2.04 +2.51%
- Ticker
- TPC
- Price
- $83.29
- Change
- +2.04 +2.51%
- Market cap ?
- $4.38B
- P/E ?
- 33.28
- Forward P/E ?
- 25.60
- Dividend yield ?
- 0.34%
- Beta ?
- 2.06
- Sector
- Industrials
- Industry
- Engineering & Construction
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 4973076000 | 4757208000 | 4454662000 | 4450832000 | 5318763000 | 4641830000 | 3790755000 | 3880227000 | 4326922000 | 5543039000 |
Tutor Perini Corporation, a long-standing construction firm founded in 1894 and based in Sylmar, California (which operated as Perini Corporation until 2009), offers a comprehensive suite of general contracting, construction management, and design-build solutions to a global clientele of private entities and public sector organizations. The company's operations are segmented into three main areas. The Civil division…
Fair value
TPC fair value $157.95. Price $83.29. Price is 47% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 61% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 621.33M. Growth 14.82%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 52.61M. Net debt -299.27M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 0.80 | — | 1.63B |
| 2026-08-05 | 1.23 | 0.67 | 1.64B | 1.57B |
| 2026-05-06 | 1.03 | 0.96 | 1.39B | 1.44B |
| 2026-02-26 | 0.55 | 0.92 | 1.51B | 1.36B |
| 2025-11-05 | 0.07 | 0.96 | 1.42B | 1.38B |
| 2025-08-06 | 0.38 | 0.29 | 1.37B | 1.27B |
| 2025-05-07 | 0.53 | 0.06 | 1.25B | 1.07B |
| 2025-02-27 | -1.51 | 0.29 | 1.07B | 1.06B |
| 2024-11-06 | -1.92 | -1.78 | 1.08B | 1.07B |
| 2024-08-01 | 0.02 | 0.16 | 1.13B | 1.14B |
| 2024-04-25 | 0.30 | -0.17 | 1.05B | 1.15B |
| 2024-02-28 | -0.91 | 0.07 | 1.02B | 988.70M |
| 2023-11-09 | -0.71 | 0.06 | 1.06B | 988.70M |
| 2023-08-03 | -0.72 | -0.04 | 1.02B | 856.91M |
| 2023-05-04 | -0.95 | -0.04 | 776.30M | 917.53M |
| 2023-03-15 | -1.80 | -0.01 | 906.65M | 976.17M |
| 2022-11-02 | -0.63 | -0.08 | 1.07B | 953.45M |
| 2022-08-05 | -1.23 | 0.39 | 861.03M | 1.13B |
| 2022-05-04 | -0.42 | 0.11 | 952.15M | 1.09B |
| 2022-02-24 | 0.57 | 0.51 | 1.04B | 1.19B |
| 2021-11-03 | 0.30 | 0.63 | 1.18B | 1.33B |
| 2021-08-04 | 0.61 | 0.51 | 1.22B | 1.24B |
| 2021-05-05 | 0.31 | 0.22 | 1.21B | 1.18B |
| 2021-02-24 | 0.69 | 0.61 | 1.35B | 1.17B |
| 2020-11-04 | 0.72 | 0.65 | 1.44B | 1.30B |
| 2020-07-29 | 0.37 | 0.41 | 1.28B | 1.41B |
| 2020-05-06 | 0.34 | 0.06 | 1.25B | 220.72M |
| 2020-02-26 | 0.13 | 0.95 | 1.18B | 75.76M |
| 2019-11-06 | 0.38 | 0.63 | 1.19B | 1.97B |
| 2019-08-08 | 0.18 | 0.42 | 1.13B | 2.94B |
| 2019-05-08 | -0.01 | 0.07 | 958.49M | 6.71B |
| 2019-02-27 | 0.98 | 0.79 | 1.18B | 953.87M |
| 2018-11-07 | 0.42 | 0.74 | 1.12B | 1.98B |
| 2018-08-07 | 0.49 | 0.31 | 1.12B | 708.63M |
| 2018-05-09 | 0.01 | 0.24 | 1.03B | 1.03B |
| 2018-02-27 | 0.55 | 0.50 | 1.19B | 1.11B |
| 2017-11-09 | 0.47 | 0.73 | 1.20B | 1.86B |
| 2017-08-07 | 0.59 | 0.57 | 1.25B | 1.23B |
| 2017-05-03 | 0.27 | 0.30 | 1.12B | 1.28B |
| 2017-02-23 | 0.60 | 0.60 | 1.25B | 1.25B |
Dividends
Yield 0.32%. Payout ratio 7.78%. Frequency Quarterly.
Safety score 78/100 · Safe. Payout ratio is 8% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 4 separate years. Yield is 0.3%, which is low.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-19 | $0.09 | 2026-08-19 | 2026-09-03 | Quarterly |
| 2026-05-21 | $0.06 | 2026-05-21 | 2026-06-04 | Quarterly |
| 2026-03-10 | $0.06 | 2026-03-10 | 2026-03-26 | Quarterly |
| 2025-12-09 | $0.06 | 2025-12-09 | 2025-12-23 | Annual |
| 2010-11-02 | $1.00 | 2010-11-04 | 2010-11-12 | Irregular |
| 1990-11-20 | $0.20 | 1990-11-27 | 1990-12-18 | Quarterly |
| 1990-08-22 | $0.20 | 1990-08-28 | 1990-09-17 | Quarterly |
| 1990-05-21 | $0.20 | 1990-05-25 | 1990-06-15 | Quarterly |
| 1990-02-16 | $0.20 | 1990-02-23 | 1990-03-15 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-31 | TUTOR RONALD N | Sell | 1.50M | $85.57 | 128.35M |
| 2026-08-31 | TUTOR RONALD N | Sell | 800.00K | $85.57 | 68.46M |
| 2026-08-31 | TUTOR RONALD N | Sell | 10.00K | $89.86 | 898.60K |
| 2026-08-28 | REISS DALE ANNE | Sell | 600 | — | — |
| 2026-08-27 | REISS DALE ANNE | Sell | 7.40K | $92.02 | 680.95K |
| 2026-08-27 | REISS DALE ANNE | Sell | 6.00K | $92.07 | 552.42K |
| 2026-08-07 | FELTENSTEIN SIDNEY J | Sell | 32.66K | $95.66 | 3.12M |
| 2026-08-07 | FELTENSTEIN SIDNEY J | Sell | 52.58K | $96.26 | 5.06M |
| 2026-08-07 | FELTENSTEIN SIDNEY J | Sell | 36.49K | $97.50 | 3.56M |
| 2026-08-07 | FELTENSTEIN SIDNEY J | Sell | 62.48K | $98.18 | 6.13M |
| 2026-06-19 | DIEU HENRY | Buy | 1.19K | — | — |
| 2026-06-19 | DIEU HENRY | Sell | 522 | $77.99 | 40.71K |
| 2026-06-19 | DIEU HENRY | Sell | 1.19K | — | — |
| 2026-06-19 | Jensen William E | Buy | 26.20K | — | — |
| 2026-06-19 | Jensen William E | Sell | 26.20K | — | — |
| 2026-06-19 | Jensen William E | Sell | 14.06K | $77.99 | 1.10M |
| 2026-06-19 | Ariqat Ghassan | Sell | 26.20K | — | — |
| 2026-06-19 | Ariqat Ghassan | Buy | 26.20K | — | — |
| 2026-06-19 | Ariqat Ghassan | Sell | 13.33K | $77.99 | 1.04M |
| 2026-06-17 | OKLAK DENNIS D | Sell | 8.00K | — | — |
| 2026-06-17 | OKLAK DENNIS D | Sell | 4.00K | — | — |
| 2026-05-27 | Lieber Robert C | Sell | 17.50K | $75.36 | 1.32M |
| 2026-05-27 | Lieber Robert C | Sell | 7.50K | — | — |
| 2026-05-20 | ONEGLIA RAYMOND R | Buy | 2.34K | — | — |
| 2026-05-20 | Jensen William E | Buy | 11.70K | — | — |
| 2026-05-20 | REISS DALE ANNE | Buy | 36.34K | — | — |
| 2026-05-20 | REISS DALE ANNE | Buy | 2.34K | — | — |
| 2026-05-20 | REISS DALE ANNE | Sell | 36.34K | — | — |
| 2026-05-20 | Assouri Kristiyan D | Buy | 10.97K | — | — |
| 2026-05-20 | FELTENSTEIN SIDNEY J | Buy | 3.63K | — | — |
| 2026-05-20 | Shah Shahrokh | Buy | 2.34K | — | — |
| 2026-05-20 | SMALLEY GARY G. | Buy | 40.23K | — | — |
| 2026-05-20 | Ariqat Ghassan | Buy | 11.70K | — | — |
| 2026-05-20 | SOROKA RYAN JOSEPH | Buy | 10.97K | — | — |
| 2026-05-20 | DIEU HENRY | Buy | 5.49K | — | — |
| 2026-05-20 | Jigisha Desai | Buy | 3.99K | — | — |
| 2026-05-20 | OKLAK DENNIS D | Buy | 2.34K | — | — |
| 2026-05-20 | ARKLEY PETER | Buy | 2.34K | — | — |
| 2026-05-20 | Lieber Robert C | Buy | 2.34K | — | — |
| 2026-05-19 | Lieber Robert C | Sell | 10.00K | $74.25 | 742.50K |
| 2026-03-14 | Jensen William E | Buy | 6.48K | — | — |
| 2026-03-14 | Jensen William E | Sell | 6.48K | $67.76 | 439.02K |
| 2026-03-14 | Jensen William E | Sell | 6.48K | — | — |
| 2026-03-13 | SOROKA RYAN JOSEPH | Buy | 4.78K | — | — |
| 2026-03-13 | SOROKA RYAN JOSEPH | Sell | 4.78K | $67.76 | 323.83K |
| 2026-03-13 | SOROKA RYAN JOSEPH | Sell | 4.78K | — | — |
| 2026-03-13 | SMALLEY GARY G. | Buy | 57.35K | — | — |
| 2026-03-13 | SMALLEY GARY G. | Sell | 57.35K | $67.76 | 3.89M |
| 2026-03-13 | SMALLEY GARY G. | Sell | 57.35K | — | — |
| 2026-03-13 | TUTOR RONALD N | Buy | 152.93K | — | — |
| 2026-03-13 | TUTOR RONALD N | Sell | 152.93K | — | — |
| 2026-03-13 | TUTOR RONALD N | Sell | 152.93K | $67.76 | 10.36M |
| 2026-03-12 | SOROKA RYAN JOSEPH | Buy | 5.83K | — | — |
| 2026-03-12 | SOROKA RYAN JOSEPH | Sell | 5.83K | $69.20 | 403.51K |
| 2026-03-12 | SOROKA RYAN JOSEPH | Sell | 5.83K | — | — |
| 2026-03-12 | SMALLEY GARY G. | Buy | 25.92K | — | — |
| 2026-03-12 | SMALLEY GARY G. | Sell | 25.92K | $69.20 | 1.79M |
| 2026-03-12 | SMALLEY GARY G. | Sell | 25.92K | — | — |
| 2026-03-12 | Assouri Kristiyan D | Sell | 5.83K | — | — |
| 2026-03-12 | Assouri Kristiyan D | Buy | 5.83K | — | — |
| 2026-03-12 | Assouri Kristiyan D | Sell | 5.83K | $69.20 | 403.51K |
| 2026-03-12 | Ariqat Ghassan | Sell | 6.48K | — | — |
| 2026-03-12 | Ariqat Ghassan | Buy | 6.48K | — | — |
| 2026-03-12 | Ariqat Ghassan | Sell | 6.48K | $69.20 | 448.35K |
| 2026-03-12 | DIEU HENRY | Sell | 3.24K | — | — |
| 2026-03-12 | DIEU HENRY | Buy | 3.24K | — | — |
| 2026-03-12 | DIEU HENRY | Sell | 1.42K | $69.20 | 98.33K |
| 2026-03-12 | TUTOR RONALD N | Buy | 155.51K | — | — |
| 2026-03-12 | TUTOR RONALD N | Sell | 155.51K | $69.20 | 10.76M |
| 2026-03-12 | TUTOR RONALD N | Sell | 155.51K | — | — |
| 2026-03-11 | TUTOR RONALD N | Buy | 58.51K | — | — |
| 2026-03-06 | ARKLEY PETER | Buy | 3.20K | $73.28 | 234.79K |
| 2026-03-06 | ARKLEY PETER | Buy | 4.91K | $72.85 | 357.91K |
| 2026-03-05 | ARKLEY PETER | Buy | 11.00K | $72.44 | 796.77K |
| 2026-03-04 | ARKLEY PETER | Buy | 5.88K | $73.85 | 434.53K |
| 2026-03-04 | SMALLEY GARY G. | Buy | 65 | $74.30 | 4.83K |
| 2026-03-04 | SMALLEY GARY G. | Buy | 8.44K | $73.57 | 620.56K |
| 2026-03-04 | SMALLEY GARY G. | Buy | 1.50K | $71.32 | 106.98K |
| 2025-12-31 | SMALLEY GARY G. | Buy | 477.45K | — | — |
| 2025-12-31 | SMALLEY GARY G. | Sell | 477.45K | $67.02 | 32.00M |
| 2025-12-31 | SMALLEY GARY G. | Sell | 477.45K | — | — |
| 2025-12-19 | Jigisha Desai | Sell | 1.03K | — | — |
| 2025-12-19 | TUTOR RONALD N | Sell | 60.00K | — | — |
| 2025-12-15 | OKLAK DENNIS D | Sell | 1.25K | — | — |
| 2025-11-28 | SMALLEY GARY G. | Sell | 36.60K | — | — |
| 2025-11-25 | ARKLEY PETER | Buy | 6.25K | $64.88 | 405.44K |
| 2025-11-25 | ARKLEY PETER | Buy | 8.90K | $64.05 | 569.92K |
| 2025-11-24 | ARKLEY PETER | Buy | 24.85K | $63.96 | 1.59M |
| 2025-11-19 | SMALLEY GARY G. | Buy | 100 | $61.95 | 6.20K |
| 2025-11-19 | SMALLEY GARY G. | Buy | 4.90K | $61.06 | 299.19K |
| 2025-11-15 | SMALLEY GARY G. | Buy | 41.46K | — | — |
| 2025-11-15 | SMALLEY GARY G. | Sell | 41.46K | $59.08 | 2.45M |
| 2025-11-15 | SMALLEY GARY G. | Sell | 41.46K | — | — |
| 2025-09-18 | TUTOR RONALD N | Sell | 83.14K | $64.94 | 5.40M |
| 2025-09-18 | FELTENSTEIN SIDNEY J | Sell | 43.98K | $65.48 | 2.88M |
| 2025-09-18 | FELTENSTEIN SIDNEY J | Sell | 80.69K | $66.22 | 5.34M |
| 2025-09-17 | TUTOR RONALD N | Sell | 77.82K | $64.03 | 4.98M |
| 2025-09-17 | TUTOR RONALD N | Sell | 39.04K | $64.56 | 2.52M |
| 2025-09-17 | TUTOR RONALD N | Sell | 8.00K | — | — |
| 2025-09-17 | FELTENSTEIN SIDNEY J | Sell | 332 | $65.00 | 21.58K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 345, holders -2 vs prior quarter. Ownership 81.28%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 4.32M | -79.59K | -1.81% | 358.25M |
| AMERICAN CENTURY COMPANIES INC | 2.28M | 502.42K | +28.21% | 189.44M |
| CAPITAL INTERNATIONAL INVESTORS | 2.26M | 752.16K | +49.89% | 187.50M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.98M | 5.72K | +0.29% | 163.98M |
| FIRST TRUST ADVISORS LP | 1.81M | 454.54K | +33.45% | 150.46M |
| DIMENSIONAL FUND ADVISORS LP | 1.69M | -47.17K | -2.72% | 139.81M |
| GENDELL JEFFREY L | 1.54M | 288.41K | +23.06% | 127.70M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.30M | 82.31K | +6.76% | 107.89M |
| STATE STREET CORP | 1.08M | 60.42K | +5.94% | 89.48M |
| PRINCIPAL FINANCIAL GROUP INC | 950.11K | 176.00K | +22.74% | 78.83M |
| SG AMERICAS SECURITIES, LLC | 803.62K | 225.10K | +38.91% | 66.68M |
| RENAISSANCE TECHNOLOGIES LLC | 800.28K | -29.70K | -3.58% | 66.40M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 786.58K | 60.94K | +8.40% | 65.26M |
| FMR LLC | 726.97K | 103.99K | +16.69% | 60.32M |
| MORGAN STANLEY | 717.12K | -7.16K | -0.99% | 59.50M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 604.66K | 160.44K | +36.12% | 50.17M |
| FRED ALGER MANAGEMENT, LLC | 599.19K | -210.55K | -26.00% | 49.71M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 561.83K | 561.83K | New | 46.61M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 561.83K | -42.48K | -7.03% | 46.61M |
| BOSTON PARTNERS | 560.94K | 110.16K | +24.44% | 46.53M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 548.51K | 41.64K | +8.22% | 45.51M |
| NUVEEN, LLC | 547.50K | 73.69K | +15.55% | 45.43M |
| DONALD SMITH & CO., INC. | 487.00K | -826.28K | -62.92% | 40.41M |
| QUBE RESEARCH & TECHNOLOGIES LTD | 452.98K | 180.25K | +66.09% | 37.58M |
| NORTHERN TRUST CORP | 440.38K | 40.33K | +10.08% | 36.54M |
Forecast
Consensus Buy from 4 analysts. Average price target $105.00, +26.1% versus the current price. Low $105.00. High $105.00.
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