Tetra Tech, Inc. (NASDAQ:TTEK) Plans Quarterly Dividend of $0.07

Tetra Tech, Inc. (NASDAQ:TTEK) declared a quarterly dividend on Wednesday, November 11th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.0720 per share by the industrial products company on Friday, December 11th. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, December 2nd.

Tetra Tech has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 11 years. Tetra Tech has a payout ratio of 18.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Tetra Tech to earn $1.74 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 16.1%.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $37.61 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market cap of $9.63 billion, a PE ratio of 22.66 and a beta of 0.86. The stock has a 50-day moving average of $35.94 and a 200-day moving average of $33.25. Tetra Tech has a one year low of $25.81 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Thursday, November 12th. The industrial products company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.15 billion. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. Tetra Tech’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.45 EPS. As a group, sell-side analysts expect that Tetra Tech will post 1.58 earnings per share for the current year.

Top Tetra Tech Stories

Here are a few of the latest stories about TTEK:

• Positive Sentiment: Fiscal 2027 guidance is broadly in line with analyst expectations: EPS of $1.65–$1.80 versus consensus of $1.72, and revenue of $4.4–$4.6 billion versus $4.5 billion expected. The earnings beat and guidance near estimates help explain the positive investor response. Fiscal Q4 results and fiscal 2027 outlook
• Positive Sentiment: The board declared a quarterly dividend of $0.072 per share, payable December 11 to shareholders of record December 2. The annualized dividend is about $0.29 per share. Quarterly dividend announcement
• Negative Sentiment: Near-term guidance is a modest watch point: first-quarter EPS guidance of $0.36–$0.38 tops out at the $0.38 consensus, while revenue guidance of $1.0–$1.1 billion reaches consensus only at the high end. Tetra Tech guidance

Tetra Tech Company Profile

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.