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BREAKING: Tiny biotech successfully treats blindness (Ad)
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
BREAKING: Tiny biotech successfully treats blindness (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
BREAKING: Tiny biotech successfully treats blindness (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
BREAKING: Tiny biotech successfully treats blindness (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
BREAKING: Tiny biotech successfully treats blindness (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
BREAKING: Tiny biotech successfully treats blindness (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
BREAKING: Tiny biotech successfully treats blindness (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court

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

$23.09
-0.09 (-0.39%)
(As of 09/29/2023 ET)
Compare
Today's Range
$22.93
$23.56
50-Day Range
$23.07
$26.01
52-Week Range
$18.81
$26.31
Volume
108,050 shs
Average Volume
95,446 shs
Market Capitalization
$406.38 million
P/E Ratio
37.85
Dividend Yield
1.13%
Price Target
$28.33

Turning Point Brands MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.7% Upside
$28.33 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.53
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-0.43%
From $2.30 to $2.29 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Consumer Staples Sector

107th out of 134 stocks

Tobacco Products Industry

1st out of 1 stocks


TPB stock logo

About Turning Point Brands (NYSE:TPB) Stock

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes adult consumer products. It operates through Zig-Zag Products, Stoker's Products, and NewGen Products segments. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. Its NewGen Products segment market and distribute vapor products and other products without tobacco and/or nicotine to individual consumers through VaporFi and direct B2C online platform, as well as non-traditional retail through VaporBeast. In addition, it markets and distributes cannabis accessories and tobacco products. The company sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, drug store, and non-traditional retail channels. Turning Point Brands, Inc. was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. The company was founded in 1988 and is headquartered in Louisville, Kentucky.

TPB Price History

TPB Stock News Headlines

4 Tobacco Stocks Worth Watching Despite Industry Concerns
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q2 2023 Turning Point Brands Inc Earnings Call
Turning Point Brands Q2 FY23 Sales Grow 2.6% YoY, What About Income?
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
3 Best Marijuana Stocks to Buy in May
Q1 2023 Turning Point Brands Inc Earnings Call
Turning Point Brands (NYSE: TPB)
See More Headlines
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TPB Company Calendar

Ex-Dividend for 7/7 Dividend
6/15/2023
Dividend Payable
7/07/2023
Last Earnings
8/02/2023
Ex-Dividend for 10/6 Dividend
9/14/2023
Today
10/01/2023
Dividend Payable
10/06/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Tobacco products
Sub-Industry
N/A
Fax
N/A
Employees
413
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.33
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+22.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$11.64 million
Pretax Margin
4.30%

Debt

Sales & Book Value

Annual Sales
$415.01 million
Cash Flow
$3.44 per share
Book Value
$6.46 per share

Miscellaneous

Free Float
16,681,000
Market Cap
$406.38 million
Optionable
Optionable
Beta
0.47
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Key Executives

  • Mr. David E. Glazek J.D. (Age 45)
    Exec. Chairman
  • Mr. Graham A. Purdy (Age 51)
    CEO, Pres & Director
    Comp: $1.03M
  • Mr. Louie Reformina (Age 45)
    Sr. VP & Chief Financial Officer
    Comp: $556.94k
  • Ms. Brittani N. Cushman (Age 38)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $543.28k
  • Mr. Brian Wigginton
    Chief Accounting Officer
  • Mr. John E. Charnovich (Age 62)
    Chief Information Officer
  • Mr. Frank J. Vignone
    Sr. VP of Sales
  • Ms. Alicia Carrasco
    Chief People Officer
  • Ms. Summer Frein (Age 39)
    Chief Revenue Officer













TPB Stock - Frequently Asked Questions

Should I buy or sell Turning Point Brands stock right now?

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

What is Turning Point Brands' stock price forecast for 2023?

2 Wall Street research analysts have issued 1-year price targets for Turning Point Brands' stock. Their TPB share price forecasts range from $22.00 to $35.00. On average, they predict the company's share price to reach $28.33 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for TPB
or view top-rated stocks among Wall Street analysts.

How have TPB shares performed in 2023?

Turning Point Brands' stock was trading at $21.63 at the beginning of 2023. Since then, TPB stock has increased by 6.7% and is now trading at $23.09.
View the best growth stocks for 2023 here
.

When is Turning Point Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TPB earnings forecast
.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands, Inc. (NYSE:TPB) posted its earnings results on Wednesday, August, 2nd. The company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.19. The company had revenue of $105.60 million for the quarter. Turning Point Brands had a trailing twelve-month return on equity of 41.99% and a net margin of 3.05%.

How often does Turning Point Brands pay dividends? What is the dividend yield for Turning Point Brands?

Turning Point Brands announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 15th will be given a dividend of $0.065 per share on Friday, October 6th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for TPB
.

What ETFs hold Turning Point Brands' stock?

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).ETFMG Alternative Harvest ETF (MJ).

Is Turning Point Brands a good dividend stock?

Turning Point Brands (NYSE:TPB) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.13%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPB will have a dividend payout ratio of 11.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPB.

What other stocks do shareholders of Turning Point Brands own?

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).

When did Turning Point Brands IPO?

(TPB) raised $76 million in an initial public offering (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.

What is Turning Point Brands' stock symbol?

Turning Point Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPB."

How do I buy shares of Turning Point Brands?

Shares of TPB 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.
Compare Top Brokerages Here.

What is Turning Point Brands' stock price today?

One share of TPB stock can currently be purchased for approximately $23.09.

How much money does Turning Point Brands make?

Turning Point Brands (NYSE:TPB) has a market capitalization of $406.38 million and generates $415.01 million in revenue each year. The company earns $11.64 million in net income (profit) each year or $0.61 on an earnings per share basis.

How many employees does Turning Point Brands have?

The company employs 413 workers across the globe.

How can I contact Turning Point Brands?

Turning Point Brands' mailing address is 5201 Interchange Way, Louisville KY, 40229. The official website for the company is www.turningpointbrands.com. The company can be reached via phone at (502) 778-4421 or via email at ir@tpbi.com.

This page (NYSE:TPB) was last updated on 10/1/2023 by MarketBeat.com Staff

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