Tutor Perini Analysis (March 2026) | Price Development & Price Target

Tutor Perini

NYSE:TPC

$ 76,15

$-0,09 (-0,12%)

76,15 $

$-0,09 (-0,12%)

End-of-day quote: 03/27/2026

Tutor Perini Stock Value

The analyst rating for NYSE:TPC is currently Buy.

Buy

Tutor Perini Company Info

EPS Growth 5Y

-14,77%

Market Cap

$4,02 B

Long-Term Debt

$0,39 B

Short Interest

3,55%

Quarterly earnings

05/02/2026 (E)

Dividend

$0,24

Dividend Yield

0,31%

Founded

1894

Industry

Industrials

Country

United States

ISIN Number

US9011091082

Website

http://www.tutorperini.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$110,00

44.45%

Last Update: 03/28/2026

Analysts: 4

Highest Price Target $120,00

Average Price Target $110,00

Lowest Price Target $98,00

In the last five quarters, Tutor Perini’s Price Target has risen from $18,39 to $76,00 - a 313,27% increase. Three analysts predict that Tutor Perini’s share price will increase in the coming year, reaching $110,00. This would represent an increase of 44,45%.

Top growth stocks in the industrials sector (5Y.)

What does Tutor Perini do?

Tutor Perini Corporation and its subsidiaries (Tutor Perini) operate as a construction company offering diversified general contracting, construction management and design-build services to private customers and public agencies throughout the world. The company is a recognized leader in the construction industry and has built a solid reputation for executing large, complex projects while adhering to strict safety and quality control standards. The company offers general contracting, pre-constru...

The company is a recognized leader in the construction industry and has built a solid reputation for executing large, complex projects while adhering to strict safety and quality control standards. The company offers general contracting, pre-construction planning, and comprehensive project management services; and has strong expertise in planning and delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. The company often utilizes its resources and capabilities to self-perform multiple components of its projects, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation, and air conditioning (HVAC), and fire protection. During 2024, the company performed work on approximately 1,600 construction projects.

The company is recognized as one of the leading civil contractors in the United States, as evidenced by its performance on several of the country’s largest mass-transit and transportation projects, such as Newark Liberty International Airport Terminal A (Newark Airport Terminal A) various components of the East Side Access project in New York City, the Minneapolis Southwest Light Rail project (also known as the METRO Green Line Extension), the California High-Speed Rail System, the Alaskan Way Viaduct Replacement (the SR 99) project in Seattle, major portions of the Red Line and Purple Line subway segments of the Los Angeles Metro system, and the San Francisco Central Subway extension to Chinatown. The company is also recognized as one of the major building contractors in the United States, as evidenced by its performance on several of the country’s largest building development projects, including Hudson Yards in New York City, the CityCenter complex, and the Cosmopolitan Resort and Casino, both in Las Vegas, as well as several major technology, healthcare, and educational facilities in California for prominent customers.

The company’s strengths and expertise in the construction of civil and building infrastructure projects have been augmented by its vertical integration capabilities, which the company established more than a decade ago through the acquisitions of various business entities specializing in electrical, mechanical, plumbing, HVAC and other services that enhance its market capabilities and expand the company’s geographic presence. The company’s vertical integration capabilities, which also involve close interactions between its Civil and Building segment resources on large, complex projects, are a competitive advantage that allow the company to self-perform a greater amount of work than its competitors. These capabilities also increase the company’s competitiveness in bidding and its efficiency in managing and executing large projects, and provide the company with significant cross-selling opportunities across a broad geographic footprint.

Business Segments

The company’s business is conducted through three segments: Civil, Building, and Specialty Contractors.

Civil segment

The company's Civil segment specializes in public works construction and the replacement and reconstruction of infrastructure across several major geographic regions of the United States. The company's civil contracting services include the construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military and other government facilities, and water management and wastewater treatment facilities.

The Civil segment is composed of the heavy civil construction operations of Tutor Perini and its subsidiaries, Black Construction, Frontier-Kemper Constructors (Frontier-Kemper), Lunda Construction, and Becho. The company's heavy civil units operate primarily on the West and East Coasts of the United States and are engaged in a variety of large mass-transit, tunneling, bridge, and highway projects. Black Construction is the largest contractor in Guam and provides a variety of predominantly heavy civil, building, mechanical, and electrical construction services throughout the Asia-Pacific region and in other strategic military locations. Frontier-Kemper is a heavy civil contractor engaged in the construction of tunnels for highways, railroads, subways, and rapid transit systems; the construction of shafts and other facilities for water supply, wastewater transport, and hydroelectric projects; and the development and equipping of mines with innovative hoisting, elevator, and vertical conveyance systems. Lunda Construction is a heavy civil contractor specializing in the construction, rehabilitation, and maintenance of bridges, railroads, and other civil structures throughout the United States. Becho is engaged in drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects, primarily in the southwestern United States.

The company is working on or has completed some of the most significant civil construction projects in the United States. For example, the company is working on the first phase of the California High-Speed Rail project, the Purple Line Segments 2 and 3 subway expansion projects in Los Angeles, the Minneapolis Southwest Light Rail project, and recently commenced initial work on the City Center Guideway and Stations project in Honolulu. In addition, the company has completed other major projects, including various components of the East Side Access project in New York City; the Newark Airport Terminal A project; the San Francisco Central Subway extension to Chinatown; the SR 99 project in Seattle; the platform over the eastern rail yard at Hudson Yards in New York City; the rehabilitation of the Verrazano-Narrows Bridge in New York City; and runway reconstruction projects at John F. Kennedy International Airport in New York, Los Angeles International Airport, and Fort Lauderdale-Hollywood International Airport.

The Civil segment provides the company with significant opportunities for growth due to the condition of existing infrastructure coupled with large government funding sources dedicated to the replacement and reconstruction of aging U.S. infrastructure. In addition, infrastructure programs generally garner popular, bipartisan support from the public and elected officials due to their lasting economic benefits, including significant job creation. Funding for major Civil segment infrastructure projects is typically provided through a combination of one or more of the following: local, regional, state and federal loans and grants; other direct allocations sourced through tax revenue; bonds; user fees; and for certain projects, private capital.

Building segment

The company's Building segment has significant experience providing services to several specialized building markets for private and public works customers, including hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional and detention facilities, biotech, pharmaceutical, industrial and technology.

The company is a recognized leader in the hospitality and gaming market, specializing in the construction of high-end resorts and casinos. The company works with hotel operators, Native American tribal councils, developers, and architectural firms to provide diversified construction services to meet the challenges of new construction and renovation of hotel and resort properties.

The Building segment is composed of several operating units that provide general contracting, design-build, preconstruction, and construction services in various regions of the United States. Rudolph and Sletten, one of the company's general contracting firms, focuses on large, complex projects in California in the healthcare, commercial office, technology, industrial, education, and government facilities markets. Tutor Perini Building Corp. focuses on large, complex building projects nationwide, including significant projects in the hospitality and gaming, commercial office, education, government facilities, and multi-unit residential markets. Roy Anderson Corp. provides general contracting services, including major disaster response and reconstruction support, to public and private customers primarily throughout the southeastern United States. Perini Management Services provides diversified construction and design-build services internationally to the U.S. government agencies, as well as to surety companies and multinational corporations.

The company is working on or has completed various large private and public building projects across a wide array of end markets. Specific projects include the Brooklyn Jail project in New York City; Newark Airport Terminal A; the LAX Airport Metro Connector Transit Station in Los Angeles, California; three large corporate office buildings in northern California for prominent technology companies; a commercial office tower and a multi-unit residential tower, both at Hudson Yards in New York City; the Cedars-Sinai Replacement Hospital in Marina Del Rey, California; various Kaiser Permanente hospital buildings throughout California; the Choctaw Casino and Resort in Durant, Oklahoma; the Pechanga Resort and Casino expansion in Temecula, California; the O Street Government Office Building in Sacramento, California; and courthouses in San Bernardino and San Diego, California. As a result of its reputation and track record, the company was previously awarded and completed contracts for several marquee hospitality and gaming projects in Las Vegas, including the CityCenter complex, the Cosmopolitan Resort and Casino, and the Wynn Encore Hotel. These projects span a wide array of building end markets and illustrate the company’s Building segment’s resume of successfully completed large-scale public and private projects.

Specialty Contractors segment

The company's Specialty Contractors segment specializes in electrical, mechanical, plumbing, HVAC, and fire protection systems for a full range of civil and building construction projects in the industrial, commercial, hospitality and gaming, and mass-transit end markets. This segment provides unique strengths and vertically integrated service capabilities that position the company as a full-service contractor with greater control over project bids and costs, scheduled work, project delivery, and risk management. The majority of work performed by the Specialty Contractors segment is contracted directly with state and local municipal agencies, real estate developers, school districts, and other commercial and industrial customers. A significant portion of the segment's work has been, and is expected to continue to be, performed for the company’s Civil and Building segments.

The Specialty Contractors segment is composed of several operating units that provide unique services in various regions of the United States. Five Star Electric (Five Star) is an industry leader and one of the largest electrical contractors in the greater New York City metropolitan region. Five Star provides construction services, including power, lighting, fire alarm, security, telecommunications, low voltage, and wireless systems to both the public and private sectors. These services are provided across end markets that include multi-unit residential, hotels, commercial offices, industrial, mass-transit, education, retail, sports and entertainment, healthcare, and water treatment. Fisk Electric (Fisk) covers many of the major commercial, transportation, and industrial electrical construction markets in the southwestern and southern United States, with the ability to cover other attractive markets nationwide.

Fisk’s expertise is in the design and development of electrical and technology systems for major projects spanning a broad variety of project types, including commercial office buildings, sports arenas, hospitals, research laboratories, hotels and casinos, convention centers, manufacturing plants, refineries, and water and wastewater treatment facilities. WDF, Nagelbush, and Desert Mechanical each provide mechanical, plumbing, HVAC, and fire protection services to a range of customers in a wide variety of markets, including transportation, commercial offices, industrial, education, and residential. WDF is one of the largest mechanical contractors serving the greater New York City metropolitan region. Nagelbush operates primarily in Florida, and Desert Mechanical operates primarily in the western United States.

The company's Specialty Contractors business units are working on or have completed various components of the East Side Access project in New York City, upgrades and rehabilitations at various New York City public housing facilities, and various projects at the World Trade Center and Hudson Yards in New York City. The Specialty Contractors segment is also supporting or has supported several large projects in the company’s Civil and Building segments, including the Purple Line Segments 2 and 3 subway expansion projects in Los Angeles; Newark Airport Terminal A; the California High-Speed Rail project in central California; the SR 99 project in Seattle; the San Francisco Central Subway extension to Chinatown; McCarran International Airport Terminal 3 in Las Vegas; and several marquee hospitality and gaming projects in Las Vegas, including the CityCenter complex, the Cosmopolitan Resort and Casino, and the Wynn Encore Hotel.

Competition

In the company's Civil segment, it primarily competes with large civil construction firms, including Dragados USA, Kiewit Corporation, Lane Construction Corporation, OHL USA, Skanska USA, and The Walsh Group.

In the company’s Building segment, the company competes with a variety of national and regional contractors, including AECOM (through its past acquisitions of Tishman Construction and Hunt Construction Group); Balfour Beatty Construction; Clark Construction Group; DPR Construction; Gilbane, Inc.; Hensel Phelps Construction Co.; McCarthy Building Companies, Inc.; M. A. Mortenson Company; PCL Constructors, Inc.; Skanska USA; Suffolk Construction; Swinerton, Inc; Turner Construction Company; and The Whiting-Turner Contracting Co.

Seasonality

The company experiences seasonal trends in its business. Its revenue and operating income are typically higher in the second half of the year (year ended December 2024). The company's first fiscal quarter of the year is typically its lowest revenue quarter, as the harsher winter weather conditions that often occur during this period can negatively impact its ability to execute work and its productivity in parts of North America. The company's revenue typically increases during the high construction seasons of the summer and fall months in the United States. Within the United States, as well as in other parts of the world, the company's business generally benefits from milder weather conditions during its third fiscal quarter, which allows for more productivity from its on-site construction operations.

Government Contracts

Revenue derived from federal, state and local government customers was 72%, of the company’s total revenue for the year ended December 31, 2024.

Environmental, Health and Safety Regulations

Compliance with Occupational Safety and Health Administration (‘OSHA’) and other health and safety regulations, in particular, is essential to procure business and to attract and retain the company’s workforce.

History

The company was founded in 1894. It was incorporated in 1918. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in 2009.

Tutor Perini Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Construction Industry:** 45% **Engineering Services:** 35% **Special Construction Services:** 20% **TOP 3 Markets:** 1. **USA:** 70% 2. **Canada:** 15% 3. **Middle East:** 10% Tutor Perini Corporation generates the majority of its revenues from the construction industry, followed b...

At which locations are the company’s products manufactured?

**Production Sites:** Mainly in the USA Tutor Perini Corporation is a leading construction company specializing in large infrastructure projects. The company does not produce physical products in the traditional sense, but offers construction and engineering services. Tutor Perini's projects...

What strategy does Tutor Perini pursue for future growth?

**Revenue Growth:** Estimated 3-5% annually (2025) **Strategic Focus Areas:** 1. **Infrastructure Projects:** Tutor Perini Corporation is increasingly focusing on large infrastructure projects, especially in the transportation sector and public construction projects. This includes road construction...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, concrete, copper, aluminum **Countries of origin:** - **Steel:** China, South Korea, Germany - **Concrete:** Typically sourced locally, USA - **Copper:** Chile, Peru - **Aluminum:** Canada, Russia Tutor Perini Corporation is a significant construction company that im...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at about 5% in the US construction sector (2025) **EBITDA Margin:** 6.5% (2024) **Backlog:** $8.7 billion USD (End of 2024) Tutor Perini Corporation has a moderate competitive advantage in the construction and engineering industry, especially in the USA. The market s...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 75% (estimated 2025) **Insider Buys/Sells:** No significant changes (estimated 2025) The institutional investor share in Tutor Perini Corporation is estimated to be around 75%. This suggests that a large portion of the shares are held by major institutional inves...

What percentage market share does Tutor Perini have?

**Market share of Tutor Perini Corporation:** Estimated 2-3% (2025) **Top competitors and their market shares:** 1. **Bechtel Corporation:** Estimated 10-12% 2. **Fluor Corporation:** Estimated 8-10% 3. **Kiewit Corporation:** Estimated 6-8% 4. **Jacobs Engineering Group:** Estimated 5-7% 5. **AECO...

Is Tutor Perini stock currently a good investment?

**Revenue Growth:** 3.5% (2024) **Profit Growth:** 4.1% (2024) **Backlog:** 8.6 billion USD (2024) In 2024, Tutor Perini Corporation recorded a moderate revenue growth of 3.5%. This indicates a stable business development, supported by a solid backlog of 8.6 billion USD. The backlog is an important...

Does Tutor Perini pay a dividend – and how reliable is the payout?

**Dividend payment:** None (as of 2025) Tutor Perini Corporation has not paid any dividends in recent years. The company has focused on investing its financial resources in operational activities and growth projects. Therefore, the reliability of dividend payments is not guaranteed, as the company...

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Tutor Perini Stock Value

Tutor Perini Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Tutor Perini do?

Tutor Perini Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Tutor Perini Stock Value

Tutor Perini Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Tutor Perini do?

Tutor Perini Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.