Tutor Perini (TPC) Stock Forecast, Price & News

0 brokerages have issued 1 year price targets for Tutor Perini's shares. Their TPC share price forecasts range from $8.00 to $14.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 92.0% from the stock's current price.
View analysts price targets for TPC or view top-rated stocks among Wall Street analysts.

Tutor Perini's stock was trading at $7.55 at the beginning of 2023. Since then, TPC stock has decreased by 24.1% and is now trading at $5.73.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our TPC earnings forecast.

Tutor Perini Co. (NYSE:TPC) announced its quarterly earnings results on Wednesday, March, 15th. The construction company reported ($1.80) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $1.82. The construction company earned $906.65 million during the quarter, compared to analysts' expectations of $976.17 million. Tutor Perini had a negative net margin of 6.57% and a negative trailing twelve-month return on equity of 16.06%. The business's revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.57 EPS.

ETFs with the largest weight of Tutor Perini (NYSE:TPC) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Roundhill Acquirers Deep Value ETF (DEEP), First Trust Dow Jones Select Microcap Index Fund (FDM) and iShares U.S. Infrastructure ETF (IFRA).Global X U.S. Infrastructure Development ETF (PAVE),

Tutor Perini updated its FY 2023 earnings guidance on Wednesday, March, 15th. The company provided EPS guidance of $0.45-$0.65 for the period, compared to the consensus EPS estimate of $1.31. The company issued revenue guidance of -.

48 employees have rated Tutor Perini Chief Executive Officer Ron Tutor on Glassdoor.com. Ron Tutor has an approval rating of 22% among the company's employees. This puts Ron Tutor in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tutor Perini investors own include Curtiss-Wright (CW), Boeing (BA), NVIDIA (NVDA), QUALCOMM (QCOM), General Motors (GM), Overstock.com (OSTK), Bank of America (BAC), Pure Storage (PSTG), Mastercard (MA) and Enphase Energy (ENPH).

Tutor Perini trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPC."

Tutor Perini's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.01%), Donald Smith & CO. Inc. (6.15%), Dimensional Fund Advisors LP (5.07%), Charles Schwab Investment Management Inc. (3.43%), Mirae Asset Global Investments Co. Ltd. (2.76%) and AQR Capital Management LLC (2.47%). Insiders that own company stock include Gary G Smalley, James A Frost, James A Frost, Michael R Klein, Ronald N Tutor and Sidney J Feltenstein.
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Shares of TPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TPC stock can currently be purchased for approximately $5.73.

Tutor Perini (NYSE:TPC) has a market capitalization of $295.95 million and generates $3.79 billion in revenue each year. The construction company earns $-210,010,000.00 in net income (profit) each year or ($4.61) on an earnings per share basis.

The company employs 8,100 workers across the globe.

Tutor Perini's mailing address is 15901 OLDEN STREET, SYLMAR CA, 91342. The official website for the company is www.tutorperini.com. The construction company can be reached via phone at (818) 362-8391, via email at jorge.casado@tutorperini.com, or via fax at 818-362-6481.