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

$25.35
+2.71 (+11.97 %)
(As of 02/27/2020 03:23 AM ET)
Today's Range
$22.45
Now: $25.35
$26.78
50-Day Range
$21.53
MA: $24.68
$29.05
52-Week Range
$20.10
Now: $25.35
$57.06
Volume444,900 shs
Average Volume150,055 shs
Market Capitalization$498.43 million
P/E Ratio16.35
Dividend Yield0.80%
Beta0.79
Turning Point Brands, Inc, together with its subsidiaries, provides other tobacco products 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 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. Read More…

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$2.06 per share
Book Value$4.23 per share

Profitability

Net Income$25.29 million

Miscellaneous

Employees520
Market Cap$498.43 million
Next Earnings DateN/A
OptionableOptionable

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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 dividend on Thursday, October 31st. Investors of record on Friday, December 20th will be paid a dividend of $0.045 per share on Friday, January 10th. The ex-dividend date of this dividend is Thursday, December 19th. View Turning Point Brands' Dividend History.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands Inc (NYSE:TPB) issued its quarterly earnings data on Wednesday, February, 26th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.46 by $0.05. The company earned $80.20 million during the quarter, compared to the consensus estimate of $82.47 million. Turning Point Brands had a return on equity of 42.94% and a net margin of 8.25%. The business's revenue for the quarter was down 15.0% on a year-over-year basis. During the same period last year, the company earned $0.49 earnings per share. View Turning Point Brands' Earnings History.

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

Turning Point Brands updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $338-353 million, compared to the consensus revenue estimate of $341.27 million.

What price target have analysts set for TPB?

2 analysts have issued twelve-month price targets for Turning Point Brands' stock. Their forecasts range from $38.00 to $40.00. On average, they anticipate Turning Point Brands' share price to reach $39.00 in the next year. This suggests a possible upside of 53.8% 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?

Media headlines about TPB stock have trended extremely negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog 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 daily sentiment score of -4.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Turning Point Brands.

Are investors shorting Turning Point Brands?

Turning Point Brands saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 1,030,000 shares, a decrease of 12.0% from the January 30th total of 1,170,000 shares. Based on an average daily volume of 143,600 shares, the days-to-cover ratio is currently 7.2 days. Currently, 11.7% of the shares of the stock are short sold. View Turning Point Brands' Current Options Chain.

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 Canopy Growth (CGC), Alibaba Group (BABA), Altria Group (MO), Cronos Group (CRON), IQIYI (IQ), JD.Com (JD), GW Pharmaceuticals PLC- (GWPH), Tilray (TLRY), Innovative Industrial Properties (IIPR) and Twilio (TWLO).

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. Robert Lavan, CFO & Sr. VP (Age 38)
  • Mr. James W. Dobbins, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59)
  • 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 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.

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 Thrivent Financial for Lutherans (7.97%), Bank of Montreal Can (1.57%), Barclays PLC (1.21%), Prudential Financial Inc. (1.02%), State Street Corp (0.79%) and Marshall Wace LLP (0.71%). Company insiders that own Turning Point Brands stock include Ashley Davis Frushone, General LP Standard, HC Charles Diao, James Michael Murray, James Wells Dobbins, Robert M Lavan and Thomas F Jr Helms. 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 SG Americas Securities LLC, First Sabrepoint Capital Management LP, Goldman Sachs Group Inc., Alliancebernstein L.P., Jane Street Group LLC, Quantbot Technologies LP, Bank of America Corp DE and State Street Corp. View Insider Buying and Selling for Turning Point Brands.

Which major 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, Prudential Financial Inc., Marshall Wace LLP, AdvisorShares Investments LLC, Principal Financial Group Inc., Algert Global LLC, Aigen Investment Management LP and Raymond James & Associates. Company insiders that have bought Turning Point Brands stock in the last two years include Ashley Davis Frushone, General LP Standard, 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, Robinhood, Fidelity and Charles Schwab.

What is Turning Point Brands' stock price today?

One share of TPB stock can currently be purchased for approximately $25.35.

How big of a company is Turning Point Brands?

Turning Point Brands has a market capitalization of $498.43 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. Turning Point Brands employs 520 workers across the globe.View Additional Information About Turning Point Brands.

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:  2.7 out of 5 (star star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  392
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 2/27/2020 by MarketBeat.com Staff

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