Turning Point Brands (TPB) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turning Point Brands in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TPB shares.
View TPB analyst ratings or view top-rated stocks.

1 brokers have issued twelve-month target prices for Turning Point Brands' stock. Their TPB share price targets range from $28.00 to $28.00. On average, they predict the company's share price to reach $28.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for TPB or view top-rated stocks among Wall Street analysts.

Turning Point Brands' stock was trading at $26.32 at the beginning of the year. Since then, TPB shares have increased by 1.3% and is now trading at $26.65.
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Turning Point Brands saw a decrease in short interest in March. As of March 31st, there was short interest totaling 215,900 shares, a decrease of 57.4% from the March 15th total of 506,900 shares. Based on an average daily trading volume, of 126,200 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.3% of the shares of the company are sold short.
View Turning Point Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TPB earnings forecast.

Turning Point Brands, Inc. (NYSE:TPB) issued its earnings results on Wednesday, February, 28th. The company reported $0.72 EPS for the quarter. The firm earned $97.10 million during the quarter, compared to analyst estimates of $90.11 million. Turning Point Brands had a net margin of 9.49% and a trailing twelve-month return on equity of 38.62%. Turning Point Brands's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS.

Turning Point Brands announced a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.07 per share on Friday, April 12th. This represents a $0.28 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, March 21st. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for TPB.

Turning Point Brands (NYSE:TPB) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 13.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TPB.

ETFs with the largest weight of Turning Point Brands (NYSE:TPB) stock in their portfolio include AdvisorShares Vice ETF (VICE) and Cambria Cannabis ETF (TOKE).Amplify Alternative Harvest ETF (MJ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Turning Point Brands investors own include Alibaba Group (BABA), JD.com (JD), Altria Group (MO), Tencent (TCEHY), NVIDIA (NVDA), Teladoc Health (TDOC), Baidu (BIDU), Intel (INTC) and Advanced Micro Devices (AMD).

Turning Point Brands (TPB) raised $76 million in an IPO on Wednesday, May 11th 2016. The company issued 5,400,000 shares at a price of $13.00-$15.00 per share. Cowen and Company and FBR served as the underwriters for the IPO.

Shares of TPB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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