S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:TPB

Turning Point Brands Stock Forecast, Price & News

$37.43
-0.08 (-0.21%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$36.60
$37.52
50-Day Range
$37.01
$48.61
52-Week Range
$36.22
$61.08
Volume
113,316 shs
Average Volume
204,452 shs
Market Capitalization
$706.42 million
P/E Ratio
14.40
Dividend Yield
0.59%
Beta
0.41
30 days | 90 days | 365 days | Advanced Chart
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Turning Point Brands logo

About Turning Point Brands

Turning Point Brands, Inc. provides tobacco products. It operates through following segments: Smokeless products, Smoking products and NewGen products. The Smokeless products segment manufactures and markets moist snuff and contracts for and markets chewing tobacco products. The Smoking products segment imports and markets cigarette papers, tubes, finished cigars, NYO cigar tobaccos and cigar wraps and processes, packages and markets pipe tobaccos. The NewGen products segment markets e-cigarettes, e-liquids, vaporizers, and other related products and distributes a wide assortment of vaping products to non-traditional retail outlets via VaporBeast and Vapor Shark. The company was founded by Thomas Helms, Jr. in 1988 and is headquartered in Louisville, KY.

Headlines

Turning Point Brands (NYSE:TPB) Sees Large Volume Increase
December 2, 2021 |  americanbankingnews.com
Altria (MO) Benefits From Pricing, Oral Tobacco Expansion
November 26, 2021 |  finance.yahoo.com
Turning Point Brands (NYSE:TPB) Sets New 12-Month Low at $37.01
November 23, 2021 |  americanbankingnews.com
Is Turning Point Brands (TPB) A Wise Investment Pick?
November 3, 2021 |  finance.yahoo.com
Earnings Preview For Turning Point Brands
October 27, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Tobacco products
Sub-Industry
N/A
Fax
N/A
Employees
408
Year Founded
N/A

Sales & Book Value

Annual Sales
$405.11 million
Cash Flow
$3.66 per share
Book Value
$7.43 per share

Profitability

Net Income
$33.04 million
Pretax Margin
14.14%

Debt

Price-To-Earnings

Miscellaneous

Free Float
17,967,000
Market Cap
$706.42 million
Optionable
Optionable

Company Calendar

Ex-Dividend
9/16/2021
Dividend Payable
10/08/2021
Last Earnings
10/25/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/09/2022

MarketRank

Overall MarketRank

2.92 out of 5 stars

Consumer Staples Sector

14th out of 184 stocks

Tobacco Products Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.7Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Turning Point Brands (NYSE:TPB) Frequently Asked Questions

Is Turning Point Brands a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Turning Point Brands in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Turning Point Brands stock.
View analyst ratings for Turning Point Brands
or view top-rated stocks.

How has Turning Point Brands' stock been impacted by Coronavirus?

Turning Point Brands' stock was trading at $20.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TPB shares have increased by 84.5% and is now trading at $37.43.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Turning Point Brands?

Turning Point Brands saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,180,000 shares, an increase of 27.7% from the October 31st total of 923,900 shares. Based on an average trading volume of 214,300 shares, the short-interest ratio is presently 5.5 days. Currently, 6.5% of the shares of the company are short sold.
View Turning Point Brands' Short Interest
.

When is Turning Point Brands' next earnings date?

Turning Point Brands is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Turning Point Brands
.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands, Inc. (NYSE:TPB) posted its quarterly earnings results on Monday, October, 25th. The company reported $0.72 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.02. The company had revenue of $109.90 million for the quarter, compared to analysts' expectations of $112.93 million. Turning Point Brands had a trailing twelve-month return on equity of 50.02% and a net margin of 11.98%. Turning Point Brands's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS.
View Turning Point Brands' earnings history
.

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

Turning Point Brands declared a quarterly dividend on Wednesday, November 3rd. Stockholders of record on Friday, December 17th will be given a dividend of $0.055 per share on Friday, January 7th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date is Thursday, December 16th.
View Turning Point Brands' dividend history
.

Is Turning Point Brands a good dividend stock?

Turning Point Brands pays an annual dividend of $0.22 per share and currently has a dividend yield of 0.59%. Turning Point Brands 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 of Turning Point Brands is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Turning Point Brands will have a dividend payout ratio of 7.10% next year. This indicates that Turning Point Brands will be able to sustain or increase its dividend.
View Turning Point Brands' dividend history.

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

Turning Point Brands updated its FY 2021 earnings guidance on Tuesday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $433 million-$443 million, compared to the consensus revenue estimate of $458.90 million.

What price target have analysts set for TPB?

3 analysts have issued 1-year price objectives for Turning Point Brands' stock. Their forecasts range from $65.00 to $65.00. On average, they expect Turning Point Brands' share price to reach $65.00 in the next twelve months. This suggests a possible upside of 73.7% from the stock's current price.
View analysts' price targets for Turning Point Brands
or view top-rated stocks among Wall Street analysts.

Who are Turning Point Brands' key executives?

Turning Point Brands' management team includes the following people:
  • Lawrence S. Wexler, President, Chief Executive Officer & Director
  • Graham A. Purdy, Chief Operating Officer & Senior Vice President
  • Louie Reformina, Chief Financial Officer
  • Sarah Evans, Director-Scientific & Regulatory Affairs
  • Christian Allen, Senior Vice President-Information Technology

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), JD.com (JD), (CGC), 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 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."

Who are Turning Point Brands' major shareholders?

Turning Point Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Standard General L.P. (12.42%), Thrivent Financial for Lutherans (8.17%), BlackRock Inc. (5.60%), DG Capital Management LLC (2.43%), ArrowMark Colorado Holdings LLC (2.35%) and Dimensional Fund Advisors LP (2.13%). Company insiders that own Turning Point Brands stock include General LP Standard, Lawrence Wexler and Robert M Lavan.
View institutional ownership trends for Turning Point Brands
.

Which major investors are selling Turning Point Brands stock?

TPB stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Standard General L.P., Tamarack Advisers LP, Renaissance Technologies LLC, Two Sigma Investments LP, Thrivent Financial for Lutherans, Citadel Advisors LLC, and Pura Vida Investments LLC.
View insider buying and selling activity for Turning Point Brands
or view top insider-selling stocks.

Which major investors are buying Turning Point Brands stock?

TPB stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Boston Partners, Millennium Management LLC, Monarch Partners Asset Management LLC, Putnam Investments LLC, BlackRock Inc., Russell Investments Group Ltd., and Barclays PLC. Company insiders that have bought Turning Point Brands stock in the last two years include General LP Standard, Lawrence Wexler, and Robert M Lavan.
View insider buying and selling activity for Turning Point Brands
or or view top insider-buying stocks.

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 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 $37.43.

How much money does Turning Point Brands make?

Turning Point Brands has a market capitalization of $706.42 million and generates $405.11 million in revenue each year. The company earns $33.04 million in net income (profit) each year or $2.60 on an earnings per share basis.

How many employees does Turning Point Brands have?

Turning Point Brands employs 408 workers across the globe.

What is Turning Point Brands' official website?

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

Where are Turning Point Brands' headquarters?

Turning Point Brands is headquartered at 5201 Interchange Way, Louisville KY, 40229.

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].


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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