S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:TPB

Turning Point Brands (TPB) Stock Forecast, Price & News

$28.50
+0.56 (+2.00%)
(As of 05/13/2022 12:00 AM ET)
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Today's Range
$28.20
$29.12
50-Day Range
$26.46
$34.15
52-Week Range
$25.56
$54.49
Volume
361,591 shs
Average Volume
223,547 shs
Market Capitalization
$516.99 million
P/E Ratio
11.40
Dividend Yield
0.86%
Beta
0.52
30 days | 90 days | 365 days | Advanced Chart
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Turning Point Brands logo

About Turning Point Brands

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores. 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 founded in 1988 and is headquartered in Louisville, Kentucky.

Headlines

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Industry, Sector and Symbol

Industry
Tobacco products
Sub-Industry
N/A
Fax
N/A
Employees
426
Year Founded
N/A

Sales & Book Value

Annual Sales
$445.47 million
Cash Flow
$3.84 per share
Book Value
$7.27 per share

Profitability

Net Income
$52.06 million
Pretax Margin
14.87%

Debt

Price-To-Earnings

Miscellaneous

Free Float
17,211,000
Market Cap
$516.99 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/8 Dividend
3/17/2022
Dividend Payable
4/08/2022
Last Earnings
4/27/2022
Today
5/15/2022
Ex-Dividend for 7/8 Dividend
6/16/2022
Dividend Payable
7/08/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.77 out of 5 stars

Consumer Staples Sector

21st out of 186 stocks

Tobacco Products Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













Turning Point Brands (NYSE:TPB) Frequently Asked Questions

Is Turning Point Brands a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" Turning Point Brands stock.
View analyst ratings for Turning Point Brands
or view top-rated stocks.

When is Turning Point Brands' next earnings date?

Turning Point Brands is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Turning Point Brands
.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands, Inc. (NYSE:TPB) issued its quarterly earnings data on Wednesday, April, 27th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.19. The business had revenue of $100.90 million for the quarter, compared to analyst estimates of $102.09 million. Turning Point Brands had a net margin of 11.69% and a trailing twelve-month return on equity of 45.02%. The business's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 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, May 4th. Investors of record on Friday, June 17th will be given a dividend of $0.06 per share on Friday, July 8th. This represents a $0.24 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Thursday, June 16th.
View Turning Point Brands' dividend history
.

Is Turning Point Brands a good dividend stock?

Turning Point Brands pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.86%. Turning Point Brands has been increasing its dividend for 3 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 9.60%. 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 7.21% next year. This indicates that Turning Point Brands will be able to sustain or increase its dividend.
View Turning Point Brands' dividend history.

What price target have analysts set for TPB?

2 brokerages have issued twelve-month target prices for Turning Point Brands' shares. Their forecasts range from $38.00 to $50.00. On average, they anticipate Turning Point Brands' share price to reach $44.33 in the next twelve months. This suggests a possible upside of 55.6% 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:
  • Mr. Yavor Efremov, Pres, CEO & Director (Age 49, Pay $105k)
  • Mr. Louie Reformina, Sr. VP & Chief Financial Officer (Age 44, Pay $502.19k)
  • Mr. Graham A. Purdy, Sr. VP & COO (Age 50, Pay $796.42k)
  • Ms. Brittani N. Cushman, Sr. VP, Gen. Counsel & Corp. Sec. (Age 37, Pay $524.08k)
  • Mr. Brian Wigginton, Chief Accounting Officer
  • Mr. Frank J. Vignone, Sr. VP of Sales & Marketing
  • Ms. Summer Frein, Chief Marketing Officer (Age 37)
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 $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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.68%), Vanguard Group Inc. (5.37%), Boston Partners (2.54%), Dimensional Fund Advisors LP (2.23%), Bank of Montreal Can (2.16%) and First Sabrepoint Capital Management LP (2.13%).
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 Lord Abbett & CO. LLC, Garnet Equity Capital Holdings Inc., Boston Partners, Tamarack Advisers LP, Renaissance Technologies LLC, PEAK6 Investments LLC, Bank of Montreal Can, and SG Americas Securities 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., BlackRock Inc., Vanguard Group Inc., JPMorgan Chase & Co., GSA Capital Partners LLP, Privium Fund Management UK Ltd, IndexIQ Advisors LLC, and Cornercap Investment Counsel Inc..
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 $28.50.

How much money does Turning Point Brands make?

Turning Point Brands has a market capitalization of $516.99 million and generates $445.47 million in revenue each year. The company earns $52.06 million in net income (profit) each year or $2.50 on an earnings per share basis.

How many employees does Turning Point Brands have?

Turning Point Brands employs 426 workers across the globe.

What is Turning Point Brands' official website?

The official website for Turning Point Brands is 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].

This page was last updated on 5/15/2022 by MarketBeat.com Staff

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