NYSE:TPB

Turning Point Brands Stock Forecast, Price & News

$44.10
-4.37 (-9.02 %)
(As of 09/17/2021 04:00 PM ET)
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Today's Range
$44.09
$47.59
50-Day Range
$44.10
$53.60
52-Week Range
$25.99
$61.08
Volume683,416 shs
Average Volume128,096 shs
Market Capitalization$834.37 million
P/E Ratio18.77
Dividend Yield0.45%
Beta0.54
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.

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MarketRank

Overall MarketRank

2.97 out of 5 stars

Consumer Staples Sector

9th out of 179 stocks

Tobacco Products Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
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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 twelve months. 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.

What stocks does MarketBeat like better than Turning Point Brands?

Wall Street analysts have given Turning Point Brands a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Turning Point Brands wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Turning Point Brands?

Turning Point Brands saw a decline in short interest in August. As of August 31st, there was short interest totaling 875,800 shares, a decline of 21.1% from the August 15th total of 1,110,000 shares. Based on an average trading volume of 188,200 shares, the short-interest ratio is presently 4.7 days. Approximately 4.9% of the company's shares 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 Tuesday, October 26th 2021.
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 data on Monday, July, 26th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.19. The company earned $122.60 million during the quarter, compared to the consensus estimate of $106.22 million. Turning Point Brands had a net margin of 10.84% and a trailing twelve-month return on equity of 51.99%. The business's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 earnings per share.
View Turning Point Brands' earnings history
.

How has Turning Point Brands' stock been impacted by COVID-19 (Coronavirus)?

Turning Point Brands' stock was trading at $20.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TPB stock has increased by 117.3% and is now trading at $44.10.
View which stocks have been most impacted by COVID-19
.

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, August 4th. Stockholders of record on Friday, September 17th will be given a dividend of $0.055 per share on Friday, October 8th. This represents a $0.22 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend is Thursday, September 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 0.45%. The dividend payout ratio of Turning Point Brands is 7.83%. 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 6.69% 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 issued an update on its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $447 million-$462 million, compared to the consensus revenue estimate of $434.64 million.

What price target have analysts set for TPB?

3 analysts have issued 1-year target prices for Turning Point Brands' stock. Their forecasts range from $38.00 to $65.00. On average, they expect Turning Point Brands' stock price to reach $56.00 in the next year. This suggests a possible upside of 27.0% 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 initial public offering 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.

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 shareholders include Thrivent Financial for Lutherans (8.25%), BlackRock Inc. (5.21%), Vanguard Group Inc. (4.11%), DG Capital Management LLC (2.27%), Dimensional Fund Advisors LP (2.09%) and Bank of Montreal Can (1.89%). 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 institutional investors are selling Turning Point Brands stock?

TPB stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Marshall Wace LLP, Marshall Wace LLP, Brigade Capital Management LP, SG Americas Securities LLC, Goldman Sachs Group Inc., and Billings Capital Management LLC.
View insider buying and selling activity for Turning Point Brands
or view top insider-selling stocks.

Which institutional investors are buying Turning Point Brands stock?

TPB stock was purchased by a variety of institutional investors in the last quarter, including DG Capital Management LLC, Marshall Wace North America L.P., BlackRock Inc., Renaissance Technologies LLC, Avalon Investment & Advisory, Thrivent Financial for Lutherans, Boothbay Fund Management LLC, and Employees Retirement System of Texas. 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 $44.10.

How much money does Turning Point Brands make?

Turning Point Brands has a market capitalization of $834.37 million and generates $405.11 million in revenue each year. The company earns $33.04 million in net income (profit) each year or $2.81 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 9/19/2021 by MarketBeat.com Staff
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