Positive News SentimentPositive NewsNYSE:TPB Turning Point Brands (TPB) Stock Forecast, Price & News $23.09 -0.09 (-0.39%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$22.93▼$23.5650-Day Range$23.07▼$26.0152-Week Range$18.81▼$26.31Volume108,050 shsAverage Volume95,446 shsMarket Capitalization$406.38 millionP/E Ratio37.85Dividend Yield1.13%Price Target$28.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Turning Point Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.7% Upside$28.33 Price TargetShort InterestHealthy1.39% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.53Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth-0.43%From $2.30 to $2.29 Per ShareSee Full Details Hide Full Details 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 starsConsumer Staples Sector107th out of 134 stocksTobacco Products Industry1st out of 1 stocks 2.3 Analyst's Opinion Consensus RatingTurning Point Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.33, Turning Point Brands has a forecasted upside of 22.7% from its current price of $23.09.Amount of Analyst CoverageTurning Point Brands has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.39% of the float of Turning Point Brands has been sold short.Short Interest Ratio / Days to CoverTurning Point Brands has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Turning Point Brands has recently decreased by 4.92%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldTurning Point Brands pays a meaningful dividend of 1.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTurning Point Brands has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Turning Point Brands is 42.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Turning Point Brands will have a dividend payout ratio of 11.35% next year. This indicates that Turning Point Brands will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTurning Point Brands has received a -407.75% net impact score from Upright. The largest negative impact of Turning Point Brands in category "Physical diseases" seems to be driven mostly by its "E-cigarettes", "Cigarettes", and "Vaporizers" products. See details.Environmental SustainabilityThe Environmental Impact score for Turning Point Brands is -2.53. Previous Next 3.3 News and Social Media Coverage News SentimentTurning Point Brands has a news sentiment score of 1.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 1 news article for Turning Point Brands this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Turning Point Brands to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Turning Point Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.20% of the stock of Turning Point Brands is held by insiders.Percentage Held by Institutions84.85% of the stock of Turning Point Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Turning Point Brands are expected to decrease by -0.43% in the coming year, from $2.30 to $2.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Turning Point Brands is 37.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Turning Point Brands is 37.85, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.44.Price to Book Value per Share RatioTurning Point Brands has a P/B Ratio of 3.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Turning Point Brands (NYSE:TPB) StockTurning 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.Read More TPB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPB Stock News HeadlinesSeptember 11, 2023 | finance.yahoo.com4 Tobacco Stocks Worth Watching Despite Industry ConcernsAugust 26, 2023 | finance.yahoo.comTurning Point Brands' (NYSE:TPB) Dividend Will Be $0.065October 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.August 6, 2023 | finance.yahoo.comTurning Point Brands (NYSE:TPB) Has Affirmed Its Dividend Of $0.065August 3, 2023 | finance.yahoo.comQ2 2023 Turning Point Brands Inc Earnings CallAugust 2, 2023 | markets.businessinsider.comTurning Point Brands Q2 FY23 Sales Grow 2.6% YoY, What About Income?August 2, 2023 | finance.yahoo.comTurning Point Brands Announces Second Quarter 2023 Results; Increases 2023 GuidanceJuly 19, 2023 | finance.yahoo.comTurning Point Brands to Host Second Quarter 2023 Conference CallOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.July 18, 2023 | finance.yahoo.comIs Turning Point Brands, Inc. (NYSE:TPB) Trading At A 50% Discount?June 30, 2023 | finance.yahoo.comInvestors in Turning Point Brands (NYSE:TPB) have unfortunately lost 24% over the last five yearsJune 13, 2023 | finance.yahoo.comTurning Point Brands (NYSE:TPB) Is Due To Pay A Dividend Of $0.065June 8, 2023 | finance.yahoo.comCan Turning Point Brands, Inc. (NYSE:TPB) Improve Its Returns?June 7, 2023 | msn.comBenchmark Initiates Coverage of Turning Point Brands (TPB) with New RecommendationMay 17, 2023 | finance.yahoo.comExecutive Chairman of Turning Point Brands Picks Up 21% More Stock \May 10, 2023 | msn.comTurning Point Brands: Good Upside PotentialMay 9, 2023 | finance.yahoo.com3 Best Marijuana Stocks to Buy in MayMay 7, 2023 | finance.yahoo.comTurning Point Brands (NYSE:TPB) Has Announced A Dividend Of $0.065May 5, 2023 | msn.comTurning Point Brands (TPB) Declares $0.06 DividendMay 4, 2023 | finance.yahoo.comQ1 2023 Turning Point Brands Inc Earnings CallMay 3, 2023 | msn.comRecap: Turning Point Brands Q1 EarningsMay 3, 2023 | finance.yahoo.comTurning Point Brands Announces First Quarter 2023 ResultsApril 27, 2023 | finance.yahoo.comAre Consumer Staples Stocks Lagging Vita Coco Company (COCO) This Year?April 26, 2023 | fool.comTurning Point Brands (NYSE: TPB)April 23, 2023 | benzinga.comTurning Point Brands Stock (NYSE:TPB), Short Interest ReportApril 19, 2023 | finance.yahoo.comTurning Point Brands to Host First Quarter 2023 Conference CallApril 10, 2023 | finance.yahoo.comAll You Need to Know About Turning Point Brands (TPB) Rating Upgrade to Strong BuySee More Headlines Receive TPB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Turning Point Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address TPB Company Calendar Ex-Dividend for 7/7 Dividend6/15/2023Dividend Payable7/07/2023Last Earnings8/02/2023Ex-Dividend for 10/6 Dividend9/14/2023Today10/01/2023Dividend Payable10/06/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Tobacco products Sub-IndustryN/A SectorConsumer Staples Current SymbolNYSE:TPB CUSIPN/A CIK1290677 Webwww.turningpointbrands.com Phone(502) 778-4421FaxN/AEmployees413Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio37.85 Forward P/E Ratio10.04 P/E GrowthN/ANet Income$11.64 million Net Margins3.05% Pretax Margin4.30% Return on Equity41.99% Return on Assets9.04% Debt Debt-to-Equity Ratio2.93 Current Ratio6.04 Quick Ratio3.04 Sales & Book Value Annual Sales$415.01 million Price / Sales0.98 Cash Flow$3.44 per share Price / Cash Flow6.72 Book Value$6.46 per share Price / Book3.57Miscellaneous Outstanding Shares17,600,000Free Float16,681,000Market Cap$406.38 million OptionableOptionable Beta0.47 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David E. Glazek J.D. (Age 45)Exec. Chairman Mr. Graham A. Purdy (Age 51)CEO, Pres & Director Comp: $1.03MMr. Louie Reformina (Age 45)Sr. VP & Chief Financial Officer Comp: $556.94kMs. Brittani N. Cushman (Age 38)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $543.28kMr. Brian WiggintonChief Accounting OfficerMr. John E. Charnovich (Age 62)Chief Information Officer Mr. Frank J. VignoneSr. VP of SalesMs. Alicia CarrascoChief People OfficerMs. Summer Frein (Age 39)Chief Revenue Officer More ExecutivesKey CompetitorsSeneca FoodsNASDAQ:SENEASunOptaNASDAQ:STKLDaily JournalNASDAQ:DJCOCresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y AgropecuariaNASDAQ:CRESYYatsenNYSE:YSGView All CompetitorsInsiders & InstitutionsNuveen Asset Management LLCBought 78,776 shares on 8/16/2023Ownership: 0.762%Boothbay Fund Management LLCBought 4,896 shares on 8/15/2023Ownership: 1.184%Alliancebernstein L.P.Bought 1,540 shares on 8/15/2023Ownership: 0.067%Wells Fargo & Company MNBought 4,256 shares on 8/15/2023Ownership: 0.041%Royal Bank of CanadaSold 1,119 shares on 8/15/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Turning Point Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.