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Wall Street climbs to add more to its strong January
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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NYSE:TPB

Turning Point Brands - TPB Stock Forecast, Price & News

$23.21
+0.36 (+1.58%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$22.87
$23.35
50-Day Range
$19.51
$23.21
52-Week Range
$18.81
$36.99
Volume
164,634 shs
Average Volume
121,452 shs
Market Capitalization
$407.57 million
P/E Ratio
11.49
Dividend Yield
1.05%
Price Target
$37.20

Turning Point Brands MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
60.3% Upside
$37.20 Price Target
Short Interest
Healthy
3.69% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.53
Upright™ Environmental Score
News Sentiment
0.95mentions of Turning Point Brands in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.88%
From $2.28 to $2.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Consumer Staples Sector

29th out of 141 stocks

Tobacco Products Industry

1st out of 1 stocks


TPB stock logo

About Turning Point Brands (NYSE:TPB) Stock

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.

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TPB Stock News Headlines

Has Turning Point Brands Reached A Turning Point?
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Better Buy: GrowGeneration or Turning Point Brands?
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Turning Point Brands Announces Third Quarter 2022 Results
Turning Point Brands profit falls but beats target
Louisville public company CEO resigns, replacement named
Turning Point Brands, Inc. (TPB)
See More Headlines
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TPB Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 1/6 Dividend
12/15/2022
Dividend Payable
1/06/2023
Today
1/31/2023
Next Earnings (Estimated)
2/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$37.20
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+60.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$52.06 million
Pretax Margin
12.02%

Debt

Sales & Book Value

Annual Sales
$445.47 million
Cash Flow
$3.83 per share
Book Value
$7.09 per share

Miscellaneous

Free Float
16,668,000
Market Cap
$407.57 million
Optionable
Optionable
Beta
0.50

Key Executives

  • Mr. Graham A. Purdy (Age 51)
    CEO, Pres & Director
    Comp: $796.42k
  • Mr. Louie Reformina (Age 45)
    Sr. VP & Chief Financial Officer
    Comp: $502.19k
  • Ms. Brittani N. Cushman (Age 38)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $524.08k
  • Mr. Brian Wigginton
    Chief Accounting Officer
  • Mr. John E. Charnovich (Age 62)
    Chief Information Officer
  • Mr. Frank J. Vignone
    Sr. VP of Sales
  • Ms. Summer Frein (Age 39)
    Chief Marketing Officer
  • Ms. Alicia Carrasco
    Chief People Officer













TPB Stock - Frequently Asked Questions

Should I buy or sell Turning Point Brands stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Turning Point Brands in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TPB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPB, but not buy additional shares or sell existing shares.
View TPB analyst ratings
or view top-rated stocks.

What is Turning Point Brands' stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month target prices for Turning Point Brands' shares. Their TPB share price forecasts range from $22.00 to $45.00. On average, they expect the company's stock price to reach $37.20 in the next year. This suggests a possible upside of 60.3% from the stock's current price.
View analysts price targets for TPB
or view top-rated stocks among Wall Street analysts.

How have TPB shares performed in 2023?

Turning Point Brands' stock was trading at $21.63 on January 1st, 2023. Since then, TPB shares have increased by 7.3% and is now trading at $23.21.
View the best growth stocks for 2023 here
.

Are investors shorting Turning Point Brands?

Turning Point Brands saw a drop in short interest in January. As of January 15th, there was short interest totaling 622,600 shares, a drop of 16.0% from the December 31st total of 740,800 shares. Based on an average daily volume of 165,100 shares, the days-to-cover ratio is currently 3.8 days. Currently, 3.7% of the shares of the stock are short sold.
View Turning Point Brands' Short Interest
.

When is Turning Point Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our TPB earnings forecast
.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands, Inc. (NYSE:TPB) announced its quarterly earnings data on Monday, October, 25th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. The company had revenue of $109.90 million for the quarter, compared to the consensus estimate of $112.93 million. Turning Point Brands had a trailing twelve-month return on equity of 42.74% and a net margin of 9.45%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 EPS.

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, November 2nd. Investors of record on Friday, December 16th will be paid a dividend of $0.06 per share on Friday, January 6th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, December 15th.
Read our dividend analysis for TPB
.

Is Turning Point Brands a good dividend stock?

Turning Point Brands (NYSE:TPB) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.05%. The company 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 is 11.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPB will have a dividend payout ratio of 10.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPB.

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), 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 a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.35%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include General LP Standard, Lawrence Wexler and Robert M Lavan.
View institutional ownership trends
.

How do I buy shares of Turning Point Brands?

Shares of TPB stock 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 $23.21.

How much money does Turning Point Brands make?

Turning Point Brands (NYSE:TPB) has a market capitalization of $407.57 million and generates $445.47 million in revenue each year. The company earns $52.06 million in net income (profit) each year or $2.02 on an earnings per share basis.

How many employees does Turning Point Brands have?

The company employs 426 workers across the globe.

How can I contact Turning Point Brands?

Turning Point Brands' mailing address is 5201 Interchange Way, Louisville KY, 40229. The official website for the company is www.turningpointbrands.com. The company can be reached via phone at (502) 778-4421 or via email at ir@tpbi.com.

This page (NYSE:TPB) was last updated on 2/1/2023 by MarketBeat.com Staff