Tutor Perini (NYSE:TPC) Updates FY 2026 Earnings Guidance

Key Points

• Tutor Perini set FY2026 EPS guidance of $4.90–$5.30, which aligns with the consensus $4.90 while the company did not provide revenue guidance.
• The firm beat latest-quarter estimates, reporting $1.07 EPS versus $0.92 expected and $1.51B in revenue versus $1.35B expected, a 41.2% year-over-year revenue increase.
• Insiders bought shares (CEO purchased 10,000; a director 10,999), UBS raised its price target to $98, and the stock trades near $97 with a $5.11B market cap and a 63.9 P/E.

Tutor Perini (NYSE:TPC - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.900-5.300 for the period, compared to the consensus earnings per share estimate of 4.900. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of Tutor Perini from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 18th. Weiss Ratings restated a "sell (d-)" rating on shares of Tutor Perini in a report on Monday, April 20th. Finally, UBS Group boosted their price objective on shares of Tutor Perini from $86.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Tutor Perini presently has an average rating of "Hold" and a consensus price target of $86.50.

Tutor Perini Trading Down 0.2%

NYSE:TPC traded down $0.21 during trading hours on Wednesday, hitting $97.10. The stock had a trading volume of 769,592 shares, compared to its average volume of 590,404. Tutor Perini has a one year low of $22.97 and a one year high of $100.00. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.27 and a current ratio of 1.27. The business's 50 day moving average is $79.03 and its 200-day moving average is $73.76. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 63.88 and a beta of 2.18.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business posted ($1.49) earnings per share. The firm's quarterly revenue was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. Sell-side analysts anticipate that Tutor Perini will post 4.72 EPS for the current fiscal year.

Tutor Perini Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 10th were given a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. Tutor Perini's dividend payout ratio (DPR) is 15.79%.

Insiders Place Their Bets

In other news, CEO Gary G. Smalley acquired 10,000 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was bought at an average price of $73.24 per share, with a total value of $732,400.00. Following the transaction, the chief executive officer directly owned 91,479 shares in the company, valued at approximately $6,699,921.96. The trade was a 12.27% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Peter Arkley acquired 10,999 shares of the firm's stock in a transaction dated Thursday, March 5th. The stock was purchased at an average cost of $72.44 per share, with a total value of $796,767.56. Following the transaction, the director owned 208,600 shares in the company, valued at approximately $15,110,984. This trade represents a 5.57% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 35,000 shares of company stock valued at $2,556,404. 15.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP lifted its stake in shares of Tutor Perini by 74.7% during the 3rd quarter. Quarry LP now owns 428 shares of the construction company's stock worth $28,000 after buying an additional 183 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Tutor Perini by 446.3% during the 4th quarter. Federated Hermes Inc. now owns 437 shares of the construction company's stock worth $29,000 after buying an additional 357 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Tutor Perini by 31.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 618 shares of the construction company's stock worth $42,000 after buying an additional 148 shares during the last quarter. Comerica Bank lifted its stake in shares of Tutor Perini by 30.7% during the 1st quarter. Comerica Bank now owns 2,423 shares of the construction company's stock worth $56,000 after buying an additional 569 shares during the last quarter. Finally, Quadrant Capital Group LLC acquired a new stake in shares of Tutor Perini during the 3rd quarter worth about $72,000. Institutional investors own 65.01% of the company's stock.

About Tutor Perini

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.