SEC Form SC 13G filed by Tutor Perini Corporation
$TPC
General Bldg Contractors - Nonresidential Bldgs
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/10/2024 | $38.00 | Buy | Vertical Research |
| 6/14/2024 | $14.00 → $27.00 | Neutral → Buy | UBS |
| 2/28/2022 | $19.00 → $17.00 | Buy | B. Riley Securities |
Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its subsidiary, Tutor Perini Building Corp., has been awarded a contract by the Tule River Gaming Authority valued at approximately $220 million for the Eagle Mountain Casino Phase 2 Expansion. The project is located in Porterville, California. The scope of work includes construction of a new 193-room tower with a rooftop restaurant, a central warehouse and offices, expansion of an existing restaurant, a new 2,000-seat events center with convention space, breakout meeting rooms, pre-function space, and new hotel amenities, including a new spa, arcade and re
Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that the Port Authority of New York and New Jersey's Board of Commissioners has voted to authorize the award of a $1.871 billion contract to Tutor Perini Corporation to construct the Staging and Storage Facility and Ramp Structure components of the Midtown Bus Terminal Redevelopment Program in New York City. The scope of work includes construction of a new modern seven-floor steel-clad storage and staging facility located between 9th and 10th Avenues and between West 39th and West 40th Streets, which will accommodate indoor storage for up to 350 buses and will s
Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that Leonard Kaae has been recently promoted to President of Black Construction Corporation ("Black Construction"), the Company's Guam-based subsidiary. Mr. Kaae has worked for Black Construction for more than 40 years, most recently leading the firm's operations and its approximately 2,000 employees as Senior Vice President and General Manager. Under Mr. Kaae's leadership, Black Construction has grown to be the largest general contractor in Guam and the second-largest employer on the island (behind the U.S. federal government). Black Construction has consistent
8-K - TUTOR PERINI CORP (0000077543) (Filer)
144 - TUTOR PERINI CORP (0000077543) (Subject)
8-K - TUTOR PERINI CORP (0000077543) (Filer)
Vertical Research initiated coverage of Tutor Perini with a rating of Buy and set a new price target of $38.00
UBS upgraded Tutor Perini from Neutral to Buy and set a new price target of $27.00 from $14.00 previously
B. Riley Securities reiterated coverage of Tutor Perini with a rating of Buy and set a new price target of $17.00 from $19.00 previously
-- Ronald Tutor Will Serve as Executive Chairman of the Board through 2026 -- Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that Gary Smalley has become the Company's Chief Executive Officer and a member of its Board of Directors. Mr. Smalley, formerly President, succeeds Ronald N. Tutor who has transitioned to the role of Executive Chairman of Tutor Perini's Board of Directors after serving as Chairman and CEO since 2008. Prior to today's announcement, Mr. Smalley served as President of Tutor Perini since November 2023, when the Company announced its formal succession plan under which he would succeed
Gary Smalley appointed as President and will succeed Ronald Tutor as Chief Executive Officer Ryan Soroka appointed as Senior Vice President and Chief Financial Officer Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, today announced that its Board of Directors (the "Board") has appointed Gary Smalley, the Company's current Executive Vice President and Chief Financial Officer, to the position of President, effective November 15, 2023. The Company plans for Mr. Smalley to succeed Ronald Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairma
Revenue of $1.25 billion, up 19% Y/Y Income from construction operations of $65.3 million, up 34% Y/Y Diluted earnings per share ("EPS") of $0.53, up 77% Y/Y Record backlog of $19.4 billion at the end of Q1 2025, up 94% Y/Y and reflecting $2.0 billion of new awards and contract adjustments in Q1 2025 Operating cash flow of $22.9 million Reduced total debt by $128.5 million, or 24%, since year-end 2024 through the early payoff of the Term Loan B Company increases 2025 EPS guidance to $1.60 to $1.95 (from $1.50 to $1.90) Company continues to expect EPS for 2026 and 2027 to be more than double 2025 guidance Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil,
Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 7, 2025, to discuss the Company's first quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. Th
Record operating cash flow of $503.5 million in 2024, up 63% Y/Y Successfully accelerated debt reduction, reducing total debt by $477 million, or 52%, from the end of 2023 through February 27, 2025, including the full payoff of the Term Loan B Record backlog of $18.7 billion as of December 31, 2024, up 84% Y/Y, driven by $12.8 billion of new awards and contract adjustments in 2024; New awards continue strong in early 2025 Revenue of $4.3 billion in 2024, up 12% Y/Y Company's considerable progress in resolving many of its largest legacy disputes generated significant operating cash flow in 2024; however, these resolutions also resulted in net charges that drove a diluted loss of
4 - TUTOR PERINI CORP (0000077543) (Issuer)
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SC 13D/A - TUTOR PERINI CORP (0000077543) (Subject)
SC 13G/A - TUTOR PERINI CORP (0000077543) (Subject)
SC 13G/A - TUTOR PERINI CORP (0000077543) (Subject)