About Turning Point Brands (NYSE:TPB)
Turning Point Brands, Inc. is an independent provider of Other Tobacco Products (OTP) in the United States. The Company operates in three 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 and related products; processes, packages and markets make-your-own (MYO) cigarette tobaccos; imports and markets finished cigars and MYO 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. The Company's portfolio of brands includes Zig-Zag, Beech-Nut, Stoker's, Trophy, and VaporBeast.
Industry, Sector and Symbol
Trailing P/E Ratio19.7501899056722
Forward P/E Ratio14.91
Sales & Book Value
Annual Sales$285.78 million
Price / Sales1.37
Cash Flow$1.24 per share
Price / Cash16.49
Book Value$2.78 per share
Price / Book7.35
Net Income$20.20 million
Return on Equity55.65%
Return on Assets8.75%
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 declared a quarterly dividend on Thursday, March 8th. Investors of record on Monday, March 26th will be given a dividend of $0.04 per share on Friday, April 13th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Friday, March 23rd. View Turning Point Brands' Dividend History.
How were Turning Point Brands' earnings last quarter?
Turning Point Brands Inc (NYSE:TPB) announced its earnings results on Thursday, March, 8th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.10. The business had revenue of $73.56 million for the quarter, compared to analysts' expectations of $72.35 million. Turning Point Brands had a return on equity of 55.65% and a net margin of 7.07%. The company's revenue was up 36.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 earnings per share. View Turning Point Brands' Earnings History.
Where is Turning Point Brands' stock going? Where will Turning Point Brands' stock price be in 2018?
3 brokerages have issued twelve-month target prices for Turning Point Brands' stock. Their predictions range from $17.00 to $20.00. On average, they anticipate Turning Point Brands' share price to reach $19.00 in the next year. View Analyst Ratings for Turning Point Brands.
What are Wall Street analysts saying about Turning Point Brands stock?
Here are some recent quotes from research analysts about Turning Point Brands stock:
- 1. According to Zacks Investment Research, "Turning Point Brands, Inc. provides tobacco products. The Company's product consists of moist snuff, loose leaf chewing tobacco, cigarette papers, make-your-own cigar wraps and cigar smoking tobacco, cigars and liquid and tobacco vapour. Its portfolio of brands includes Zig-Zag(R), Beech-Nut(R) and Stoker's(R). Turning Point Brands, Inc. is based in Louisville, Kentucky. " (3/14/2018)
- 2. FBR & Co analysts commented, "Last week we hosted upbeat meetings with Chief Executive Officer Larry Wexler, Chief Financial Officer Mark Stegeman and SVP of Business Planning Jim Murray. Management sounded positive on the market outlook across the three OTP (other tobacco products) categories and on their recent acquisitions of VaporBeast and Vapor Shark. We believe there is significant room to run for TPB in the vapor market as they integrate Vapor Beast and begin to realize operating efficiencies. We expect continued growth through acquisitions, MST cans, and Zig-Zag papers, coupled with solid FCF generation, to continue to drive the stock higher." (10/2/2017)
Who are some of Turning Point Brands' key competitors?
Some companies that are related to Turning Point Brands include Dean Foods (DF), Chefs' Warehouse (CHEF), John B. Sanfilippo & Son (JBSS), SunOpta (STKL), Freshpet (FRPT), tronc (TRNC), Supervalu (SVU), Calyxt (CLXT), Smart & Final Stores (SFS), Carriage Services (CSV), Premier Foods (PRRFY), Blue Apron (APRN), Landec (LNDC), Craft Brew Alliance (BREW), Primo Water (PRMW), Limoneira (LMNR), Cadiz (CDZI) and Daily Journal (DJCO).
Who are Turning Point Brands' key executives?
Turning Point Brands' management team includes the folowing people:
- Thomas F. Helms Jr., Executive Chairman of the Board (Age 75)
- Jack Africk, Vice Chairman of the Board, President, Chief Executive Officer (Age 84)
- Brian C. Harriss, Chief Financial Officer (Age 64)
- Lawrence S. Wexler, President and Chief Executive Officer of NATC (Age 59)
- James W. Dobbins, Senior Vice President, General Counsel, Secretary (Age 52)
- James M. Murray, Senior Vice President - Market Planning & Strategy (Age 51)
- Gregory H. A Baxter, Director (Age 63)
- Geoffrey Gorman, Director (Age 56)
- Robert D. Rothenberg, Director
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 acted as the underwriters for the IPO.
Has Turning Point Brands been receiving favorable news coverage?
News stories about TPB stock have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Turning Point Brands earned a news sentiment score of 0.13 on Accern's scale. They also gave media stories about the company an impact score of 44.65 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Turning Point Brands' major shareholders?
Turning Point Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Brigade Capital Management LP (1.67%), BlackRock Inc. (1.29%), Renaissance Technologies LLC (0.95%), Bank of New York Mellon Corp (0.44%), Deutsche Bank AG (0.38%) and Wells Fargo & Company MN (0.31%). Company insiders that own Turning Point Brands stock include General LP Standard, General Master Fund L Standard, George Hebard, HC Charles Diao, James Michael Murray, James Wells Dobbins, Lawrence Wexler 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 BlackRock Inc., Spark Investment Management LLC and Wells Fargo & Company MN. Company insiders that have sold Turning Point Brands company stock in the last year include James Michael Murray, James Wells Dobbins and Lawrence Wexler. View Insider Buying and Selling for Turning Point Brands.
Which institutional investors are buying Turning Point Brands stock?
TPB stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of New York Mellon Corp, Deutsche Bank AG, Brigade Capital Management LP, Brandywine Global Investment Management LLC, Millennium Management LLC, Geode Capital Management LLC and Martingale Asset Management L P. Company insiders that have bought Turning Point Brands stock in the last two years include General LP Standard, General Master Fund L Standard, George Hebard, HC Charles Diao and Thomas F Jr Helms. 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 $20.42.
How big of a company is Turning Point Brands?
Turning Point Brands has a market capitalization of $404.94 million and generates $285.78 million in revenue each year. The company earns $20.20 million in net income (profit) each year or $1.04 on an earnings per share basis. Turning Point Brands employs 289 workers across the globe.
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 (TPB)MarketBeat's community ratings are surveys of what our community members think about Turning Point Brands and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Turning Point Brands (NYSE:TPB) Earnings History and Estimates Chart
Turning Point Brands (NYSE TPB) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/8/2018||Q4 2017||$0.33||$0.23||$72.35 million||$73.56 million||View||N/A|
|11/9/2017||Q3 2017||$0.44||$0.38||$71.15 million||$73.30 million||View||N/A|
|8/10/2017||Q2 2017||$0.36||$0.38||$67.35 million||$72.10 million||View||N/A|
|5/11/2017||Q1 2017||$0.33||$0.29||$64.90 million||$66.80 million||View||N/A|
|3/13/2017||Y 2016||$0.34||$0.87||$49.15 million||$53.80 million||View||N/A|
|11/10/2016||Q316||$0.39||$0.34||$50.75 million||$51.00 million||View||N/A|
|8/11/2016||Q216||$0.44||$0.05||$48.00 million||$51.60 million||View||Listen|
|6/15/2016||Q116||$0.20||$0.27||$49.90 million||$49.87 million||View||Listen|
Turning Point Brands (NYSE:TPB) Earnings Estimates
2018 EPS Consensus Estimate: $1.25
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Turning Point Brands (NYSE:TPB) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||3.85% (Trailing 12 Months of Earnings) |
2.92% (Based on This Year's Estimates)
2.52% (Based on Next Year's Estimates)
Turning Point Brands (NYSE:TPB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Turning Point Brands (NYSE TPB) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 14.20%
Institutional Ownership Percentage: 19.83%
Turning Point Brands (NYSE TPB) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/8/2018||James Wells Dobbins||Insider||Sell||10,000||$20.94||$209,400.00||94,041|| |
|1/3/2018||General L.P. Standard||Major Shareholder||Buy||150,000||$20.80||$3,120,000.00||2,500|| |
|11/13/2017||H.C. Charles Diao||Director||Buy||7,697||$15.91||$122,459.27||11,000|| |
|9/14/2017||General L.P. Standard||Major Shareholder||Buy||100,000||$17.09||$1,709,000.00|| |
|8/31/2017||James Wells Dobbins||Insider||Sell||12,002||$16.93||$203,193.86||96,043|| |
|8/18/2017||H.C. Charles Diao||Director||Buy||3,303||$16.49||$54,466.47||2,003|| |
|8/16/2017||General L.P. Standard||Major Shareholder||Buy||100,000||$16.52||$1,652,000.00|| |
|8/14/2017||James Michael Murray||VP||Sell||3,000||$16.15||$48,450.00||19,629|| |
|8/14/2017||James Wells Dobbins||Insider||Sell||6,000||$16.04||$96,240.00||90,041|| |
|5/25/2017||Lawrence Wexler||Insider||Sell||1,858||$16.42||$30,508.36||219,137|| |
|5/23/2017||James Wells Dobbins||Insider||Sell||6,000||$16.67||$100,020.00||90,041|| |
|5/16/2017||George Hebard||Director||Buy||3,000||$15.59||$46,770.00||3,000|| |
|12/16/2016||Thomas F Jr. Helms||Director||Buy||1,000||$13.12||$13,120.00||1,600|| |
|12/12/2016||Thomas F Jr. Helms||Director||Buy||500||$13.42||$6,710.00||1,500|| |
|11/23/2016||James Michael Murray||VP||Sell||13,592||$14.00||$190,288.00||12,629|| |
|9/14/2016||Thomas F Jr. Helms||Director||Buy||1,000||$14.24||$14,240.00||500|| |
|5/10/2016||General Master Fund L Standard||Major Shareholder||Buy||6,525,710||$4.49||$29,300,437.90|| |
Turning Point Brands (NYSE TPB) News Headlines
| Turning Point Brands Inc (TPB) Receives Average Recommendation of "Strong Buy" from Analysts|
www.americanbankingnews.com - March 22 at 1:22 AM
|Turning Point Brands (TPB) versus Japan Tobacco (JAPAY) Head to Head Comparison|
www.americanbankingnews.com - March 21 at 12:39 PM
|Turning Point Brands Inc (NYSE:TPB) Delivered A Better ROE Than The Industry, Here’s Why|
finance.yahoo.com - March 19 at 5:31 PM
|Turning Point Brands (TPB) and Altria Group (MO) Head to Head Analysis|
www.americanbankingnews.com - March 19 at 11:20 AM
|Altria Group (MO) & Turning Point Brands (TPB) Critical Contrast|
www.americanbankingnews.com - March 19 at 1:20 AM
|Analysts Anticipate Turning Point Brands Inc (TPB) to Announce $0.30 EPS|
www.americanbankingnews.com - March 16 at 7:50 AM
|Turning Point Brands' (TPB) "Buy" Rating Reiterated at Cowen|
www.americanbankingnews.com - March 15 at 10:02 AM
|Turning Point Brands (TPB) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - March 14 at 12:45 PM
|Turning Point Brands names new CFO|
finance.yahoo.com - March 14 at 8:05 AM
|BRIEF-Turning Point Brands Names Robert Lavan CFO|
www.reuters.com - March 13 at 7:31 PM
|Turning Point Brands Names Robert Lavan Chief Financial Officer; Promotes Brian Wigginton to Vice President – Finance, Chief Accounting Officer and Brad Beard to Vice President – Finance, Business Planning|
finance.yahoo.com - March 13 at 7:31 PM
|Zacks: Analysts Set $25.00 Target Price for Turning Point Brands Inc (TPB)|
www.americanbankingnews.com - March 12 at 9:54 AM
|Turning Point Brands EPS in-line, beats on revenue|
seekingalpha.com - March 8 at 7:03 PM
|Turning Point Brands, Inc. (TPB) Reports In-Line Q4 EPS, Beats on Revenues|
www.streetinsider.com - March 8 at 7:03 PM
|Turning Point Brands Inc (TPB) Declares $0.04 Quarterly Dividend|
www.americanbankingnews.com - March 8 at 6:38 PM
|Turning Point Brands (TPB) Releases Quarterly Earnings Results|
www.americanbankingnews.com - March 8 at 9:16 AM
|Turning Point Brands, Inc. Announces Fourth Quarter and Full Year 2017 Results|
finance.yahoo.com - March 8 at 8:01 AM
|Why Earnings Season Could Be Great for Turning Point Brands (TPB)|
finance.yahoo.com - March 7 at 6:51 PM
|Turning Point Brands' Board Declares Quarterly Cash Dividend|
finance.yahoo.com - March 7 at 6:51 PM
|Brokers Issue Forecasts for Turning Point Brands Inc's FY2018 Earnings (TPB)|
www.americanbankingnews.com - March 1 at 11:06 AM
|Turning Point Brands Inc (TPB) Expected to Earn Q1 2018 Earnings of $0.28 Per Share|
www.americanbankingnews.com - February 28 at 8:06 AM
| Turning Point Brands Inc (TPB) Given Average Rating of "Strong Buy" by Brokerages|
www.americanbankingnews.com - February 25 at 3:29 PM
|Zacks: Turning Point Brands Inc (TPB) Given Average Rating of "Strong Buy" by Brokerages|
www.americanbankingnews.com - February 22 at 11:24 PM
|Turning Point Brands to Host FY2017 Conference Call|
finance.yahoo.com - February 22 at 8:03 AM
|NAOC and Chinese Authorities Tackle Counterfeit Cigarette Paper Network|
finance.yahoo.com - February 20 at 5:53 PM
| Analysts Set $22.50 Price Target for Turning Point Brands Inc (TPB)|
www.americanbankingnews.com - February 17 at 9:40 AM
|Zacks: Analysts Set $22.50 Price Target for Turning Point Brands Inc (TPB)|
www.americanbankingnews.com - February 2 at 5:16 AM
|Zacks: Turning Point Brands Inc (TPB) Given Consensus Rating of "Strong Buy" by Brokerages|
www.americanbankingnews.com - January 20 at 11:46 PM
|How increasing marijuana use is affecting Louisville's Zig-Zag brand|
www.bizjournals.com - January 19 at 4:26 PM
|Turning Point Brands (TPB) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - January 11 at 1:46 PM
|Insider Selling: Turning Point Brands Inc (TPB) Insider Sells 10,000 Shares of Stock|
www.americanbankingnews.com - January 9 at 7:16 PM
|Marijuana stocks tank on report Trump administration to rescind state protections from pot prosecutions|
www.marketwatch.com - January 6 at 8:03 AM
|Turning Point Brands Inc (TPB) Major Shareholder General L.P. Standard Buys 150,000 Shares|
www.americanbankingnews.com - January 5 at 6:16 PM
| Turning Point Brands Inc (TPB) Given $20.00 Consensus Price Target by Brokerages|
www.americanbankingnews.com - January 5 at 2:00 AM
|Louisville company joins firms giving $1K bonuses to workers thanks to tax reform|
www.bizjournals.com - December 29 at 11:39 AM
|Turning Point Announces New Round of Employee Bonuses Thanks to Tax Reform|
finance.yahoo.com - December 29 at 11:38 AM
|Brokerages Expect Turning Point Brands, Inc. (TPB) to Post $0.33 EPS|
www.americanbankingnews.com - December 21 at 1:16 AM
|Zacks: Analysts Set $20.00 Target Price for Turning Point Brands, Inc. (TPB)|
www.americanbankingnews.com - December 6 at 9:10 PM
|Turning Point Brands, Inc. breached its 50 day moving average in a Bearish Manner : TPB-US : December 5, 2017|
finance.yahoo.com - December 5 at 12:33 PM
|ETFs with exposure to Turning Point Brands, Inc. : November 27, 2017|
finance.yahoo.com - November 28 at 11:12 AM
|Zacks Investment Research Lowers Turning Point Brands, Inc. (TPB) to Sell|
www.americanbankingnews.com - November 25 at 10:12 AM
|Turning Point Brands, Inc. :TPB-US: Earnings Analysis: Q3, 2017 By the Numbers : November 24, 2017|
finance.yahoo.com - November 24 at 6:19 PM
|Turning Point Brands, Inc. breached its 50 day moving average in a Bullish Manner : TPB-US : November 22, 2017|
finance.yahoo.com - November 22 at 12:27 PM
|Analysts Expect Turning Point Brands, Inc. (TPB) to Post $0.33 Earnings Per Share|
www.americanbankingnews.com - November 21 at 11:42 AM
|Insider Buying: Turning Point Brands, Inc. (TPB) Director Acquires 7,697 Shares of Stock|
www.americanbankingnews.com - November 15 at 10:29 PM
|Turning Point Brands, Inc. (TPB) Receives "Buy" Rating from B. Riley|
www.americanbankingnews.com - November 12 at 8:38 AM
|Turning Point Brands' (TPB) CEO Larry Wexler on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 11 at 2:43 PM
|Turning Point Brands, Inc. (TPB) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS|
www.americanbankingnews.com - November 10 at 1:43 PM
|Turning Point Brands, Inc. (TPB) to Issue $0.04 Annual Dividend|
www.americanbankingnews.com - November 10 at 9:31 AM
|Edited Transcript of TPB earnings conference call or presentation 9-Nov-17 3:00pm GMT|
finance.yahoo.com - November 10 at 9:11 AM
Turning Point Brands (NYSE:TPB) SEC Filings
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Turning Point Brands (NYSE:TPB) Income Statement, Balance Sheet and Cash Flow Statement
Turning Point Brands (NYSE TPB) Stock Chart for Thursday, March, 22, 2018