NYSE:TPB - Turning Point Brands Stock Price, News, & Analysis

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$44.71 -2.39 (-5.07 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$44.71
Today's Range$44.64 - $47.43
52-Week Range$19.11 - $50.07
Volume125,964 shs
Average Volume147,780 shs
Market Capitalization$874.53 million
P/E Ratio26.15
Dividend Yield0.38%
Beta1.27
Turning Point Brands, Inc., together with its subsidiaries, provides other tobacco products primarily in the United States. It operates through three segments: Smokeless Products, Smoking Products, and NewGen Products. The Smokeless Products segment manufactures and markets moist snuff; and contracts for and markets loose leaf chewing tobacco products. The Smoking Products segment imports and markets cigarette papers, tubes, and related products, as well as finished cigars, make-your-own cigar tobaccos, and cigar wraps; and processes, packages, and markets pipe tobaccos. The NewGen Products segment markets and distributes liquid vapor products, tobacco vaporizer products, and other products without tobacco and nicotine, including e-cigarettes, e-liquids, vaporizers, and other related products; and distributes various assortments of vaping products to non-traditional retail outlets through VaporBeast and Vapor Shark, as well as distributes various vaping related products to individual consumers through Vapor Shark branded retail outlets. The company sells its products under the Zig-Zag, Beech-Nut, Stoker's, Trophy, Havana Blossom, Durango, Our Pride, Big Mountain, Appalachia, Springfield Standard, Snake River, Tequila Sunrise, Fred's Choice, Old Hillside, Red Cap, Tennessee Chew, VaporBeast, and Vapor Shark brands. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience store, tobacco outlet, food store, mass merchandising, and drug store and non-traditional retail channels. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was incorporated in 2004 and is headquartered in Louisville, Kentucky.

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Industry, Sector and Symbol

Industry Tobacco products
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone502-778-4421

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$332.68 million
Cash Flow$1.8392 per share
Book Value$4.23 per share

Profitability

Net Income$25.29 million

Miscellaneous

EmployeesN/A
Market Cap$874.53 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Turning Point Brands (NYSE:TPB) Frequently Asked Questions

What is Turning Point Brands' stock symbol?

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

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 Tuesday, March 5th. Investors of record on Friday, March 22nd will be paid a dividend of $0.045 per share on Friday, April 12th. This represents a $0.18 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Thursday, March 21st. View Turning Point Brands' Dividend History.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands Inc (NYSE:TPB) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.01. The firm had revenue of $94.29 million for the quarter, compared to the consensus estimate of $91.70 million. Turning Point Brands had a net margin of 7.60% and a return on equity of 51.39%. Turning Point Brands's revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 earnings per share. View Turning Point Brands' Earnings History.

When is Turning Point Brands' next earnings date?

Turning Point Brands is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Turning Point Brands.

What guidance has Turning Point Brands issued on next quarter's earnings?

Turning Point Brands updated its FY 2019 earnings guidance on Tuesday, March, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $380-405 million, compared to the consensus revenue estimate of $382.55 million.

What price target have analysts set for TPB?

2 brokers have issued 12 month price objectives for Turning Point Brands' shares. Their predictions range from $55.00 to $55.00. On average, they expect Turning Point Brands' share price to reach $55.00 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Turning Point Brands.

What is the consensus analysts' recommendation for Turning Point Brands?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turning Point Brands in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turning Point Brands.

Has Turning Point Brands been receiving favorable news coverage?

News coverage about TPB stock has been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Turning Point Brands earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Turning Point Brands' key competitors?

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), Canopy Growth (CGC), Aurora Cannabis (ACBFF), Weyerhaeuser (WY), Micron Technology (MU), GW Pharmaceuticals PLC- (GWPH), NVIDIA (NVDA), Paypal (PYPL), Twilio (TWLO) and Cronos Group (CRON).

Who are Turning Point Brands' key executives?

Turning Point Brands' management team includes the folowing people:
  • Mr. Lawrence S. Wexler, Pres, CEO & Director (Age 67)
  • Mr. James W. Dobbins, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59)
  • Mr. Robert Lavan, Chief Financial Officer (Age 38)
  • Mr. Charles H. Melander, Sr. VP of Operations & Quality Assurance
  • Mr. Brian Wigginton, Chief Accounting Officer & VP of Fin.

When did Turning Point Brands IPO?

(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 acted as the underwriters for the IPO.

Who are Turning Point Brands' major shareholders?

Turning Point Brands' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Thrivent Financial for Lutherans (5.56%), BlackRock Inc. (2.89%), Dimensional Fund Advisors LP (1.58%), Dimensional Fund Advisors LP (1.58%), ETF Managers Group LLC (1.50%) and Geode Capital Management LLC (0.51%). Company insiders that own Turning Point Brands stock include General LP Standard, George Hebard, HC Charles Diao, James Michael Murray, James Wells Dobbins, Lawrence Wexler, Robert M Lavan and Thomas F Jr Helms. View Institutional Ownership Trends for Turning Point Brands.

Which institutional investors are selling Turning Point Brands stock?

TPB stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Globeflex Capital L P, Zacks Investment Management, D.A. Davidson & CO., Millennium Management LLC, Geode Capital Management LLC, Geode Capital Management LLC and Two Sigma Advisers LP. Company insiders that have sold Turning Point Brands company stock in the last year include James Michael Murray, James Wells Dobbins and Thomas F Jr Helms. View Insider Buying and Selling for Turning Point Brands.

Which institutional investors are buying Turning Point Brands stock?

TPB stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, ETF Managers Group LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Prudential Financial Inc., Mackay Shields LLC, Virginia Retirement Systems ET AL and BlackRock Inc.. Company insiders that have bought Turning Point Brands stock in the last two years include General LP Standard, George Hebard, HC Charles Diao and Robert M Lavan. View Insider Buying and Selling for Turning Point Brands.

How do I buy shares of Turning Point Brands?

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

What is Turning Point Brands' stock price today?

One share of TPB stock can currently be purchased for approximately $44.71.

How big of a company is Turning Point Brands?

Turning Point Brands has a market capitalization of $874.53 million and generates $332.68 million in revenue each year. The company earns $25.29 million in net income (profit) each year or $1.71 on an earnings per share basis.

What is Turning Point Brands' official website?

The official website for Turning Point Brands is http://www.turningpointbrands.com.

How can I contact Turning Point Brands?

Turning Point Brands' mailing address is 5201 Interchange Way, Louisville KY, 40229. The company can be reached via phone at 502-778-4421 or via email at [email protected]


MarketBeat Community Rating for Turning Point Brands (NYSE TPB)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  269
MarketBeat's community ratings are surveys of what our community members think about Turning Point Brands and other stocks. Vote "Outperform" if you believe TPB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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