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

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$34.28 -0.42 (-1.21 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$34.28
Today's Range$33.88 - $34.91
52-Week Range$16.43 - $47.00
Volume138,249 shs
Average Volume103,040 shs
Market Capitalization$646.69 million
P/E Ratio31.74
Dividend Yield0.48%
Beta0.69
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

Stock Exchange NYSE
Industry Tobacco products
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNYSE:TPB
Previous Symbol
CUSIPN/A
Phone502-778-4421

Debt

Debt-to-Equity Ratio2.45
Current Ratio1.75
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio31.74
Forward P/E Ratio17.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$285.78 million
Price / Sales2.35
Cash Flow$1.3251 per share
Price / Cash25.87
Book Value$3.94 per share
Price / Book8.70

Profitability

EPS (Most Recent Fiscal Year)$1.08
Net Income$20.20 million
Net Margins7.64%
Return on Equity48.99%
Return on Assets10.17%

Miscellaneous

Employees289
Outstanding Shares19,550,000
Market Cap$646.69 million
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 Wednesday, November 7th. Shareholders of record on Friday, December 21st will be paid a dividend of $0.045 per share on Friday, January 11th. This represents a $0.18 annualized dividend and a yield of 0.53%. The ex-dividend date is Thursday, December 20th. This is a boost from Turning Point Brands's previous quarterly dividend of $0.04. 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, November, 7th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.52 by $0.05. The company had revenue of $83.30 million for the quarter, compared to the consensus estimate of $84.10 million. Turning Point Brands had a return on equity of 48.99% and a net margin of 7.64%. The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.38 EPS. 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 Thursday, March 14th 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 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $327-333 million, compared to the consensus revenue estimate of $330.85 million.

What price target have analysts set for TPB?

2 brokers have issued 12-month price targets for Turning Point Brands' stock. Their forecasts range from $45.00 to $45.00. On average, they anticipate Turning Point Brands' stock price to reach $45.00 in the next year. This suggests a possible upside of 31.3% 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 stories about TPB stock have trended somewhat positive on Saturday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Turning Point Brands earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are some of Turning Point Brands' key competitors?

Who are Turning Point Brands' key executives?

Turning Point Brands' management team includes the folowing people:
  • Mr. Lawrence S. Wexler, Pres, CEO & Director (Age 66)
  • Mr. James W. Dobbins, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58)
  • Mr. Robert Lavan, Chief Financial Officer (Age 37)
  • 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 investors include Thrivent Financial for Lutherans (3.30%), BlackRock Inc. (2.83%), Renaissance Technologies LLC (2.67%), Dimensional Fund Advisors LP (1.29%), First Sabrepoint Capital Management LP (0.85%) and Bank of New York Mellon Corp (0.56%). 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 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 First Sabrepoint Capital Management LP, Thompson Siegel & Walmsley LLC, Opus Capital Group LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Cadence Capital Management LLC, Wedge Capital Management L L P NC and Man Group plc. 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 major investors are buying Turning Point Brands stock?

TPB stock was bought by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Renaissance Technologies LLC, BlackRock Inc., Dimensional Fund Advisors LP, American Century Companies Inc., Allianz Asset Management GmbH, Globeflex Capital L P and SG Americas Securities LLC. Company insiders that have bought Turning Point Brands stock in the last two years include General LP 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 $34.28.

How big of a company is Turning Point Brands?

Turning Point Brands has a market capitalization of $646.69 million and generates $285.78 million in revenue each year. The company earns $20.20 million in net income (profit) each year or $1.08 on an earnings per share basis. Turning Point Brands employs 289 workers across the globe.

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:  139 (Vote Outperform)
Underperform Votes:  107 (Vote Underperform)
Total Votes:  246
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 11/17/2018 by MarketBeat.com Staff

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