Tutor Perini Secures $155 Million Contract for San Francisco Arts Center
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Newsfilter
- Contract Awarded: Tutor Perini's subsidiary, Rudolph and Sletten, has been awarded a contract valued at approximately $155 million for the construction of the new Diego Rivera Performing Arts Center, indicating the company's ongoing growth in large public projects.
- Project Scope: The project encompasses an approximately 78,000 square-foot building featuring a 631-seat main performing arts center and various classrooms, which is expected to enhance the quality and availability of local cultural facilities.
- Construction Timeline: Work is expected to commence immediately with substantial completion anticipated in the fall of 2028, ensuring revenue growth for the company in the coming years while enhancing its competitive position in the market.
- Backlog Addition: The contract value has been added to the company's backlog in the third quarter of 2025, further solidifying Tutor Perini's financial foundation and providing funding support for future projects.
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Analyst Views on TPC
Wall Street analysts forecast TPC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPC is 90.50 USD with a low forecast of 86.00 USD and a high forecast of 95.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 79.380
Low
86.00
Averages
90.50
High
95.00
Current: 79.380
Low
86.00
Averages
90.50
High
95.00
About TPC
Tutor Perini Corporation is a civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. Its Civil segment specializes in public works construction and the replacement and reconstruction of infrastructure. The contracting services provided by the Civil segment include construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, and others. Its Building segment is engaged in providing services for private and public works customers in several specialized building markets, including hospitality and gaming, transportation, commercial offices, and government facilities, among others. Its 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tutor Perini (TPC) Initiates $0.06 Quarterly Dividend Amid Record Cash Flow and Share Repurchase
- Dividend Initiation: Tutor Perini announced a $0.06 quarterly dividend starting November 18, 2025, with the first payment on December 23, 2025, marking a significant turnaround after three years of net losses, as the company expects to report a profit of $4.10 per share for 2025.
- Cash Flow Innovation: By Q3 2025, Tutor Perini achieved record year-to-date operating cash flow of $574.4 million, supported by a historic backlog of $21.6 billion, indicating robust business recovery and future growth potential.
- Share Repurchase Program: The company also announced a $200 million share repurchase program aimed at enhancing earnings per share by reducing the number of outstanding shares, thereby boosting investor confidence and driving stock price appreciation.
- Enhanced Industry Position: As one of the largest general contractors in the U.S., Tutor Perini's dividend policy not only attracts momentum investors but may also provide greater market share and capital inflow in the highly competitive construction industry.
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Tutor Perini Secures $53 Million Design Change Order for Honolulu Rail Project
- Project Expansion: Tutor Perini has been awarded a design change order valued at approximately $53 million, authorizing design work for the City Center Guideway and Stations Project in Honolulu, which extends the existing rail line to connect Kakaʻako and Ala Moana.
- Potential Funding Upside: The total contract value could increase significantly if the Honolulu Authority for Rapid Transportation secures additional funding and decides to proceed with construction towards Ala Moana, positioning the company for further work.
- Transit Improvement Initiative: This project is part of Honolulu's broader rail transit development aimed at enhancing connectivity between urban neighborhoods and major commercial areas, thereby improving overall transportation efficiency.
- Company Background: Founded in 1894, Tutor Perini is a diversified civil, building, and specialty construction company recognized for delivering large, complex projects while adhering to strict safety and quality standards, providing general contracting and design-build services to public agencies and private customers worldwide.
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