Turning Point Brands, Inc. (TPB)

NYSE: TPB · Real-Time Price · USD
59.26
-1.63 (-2.68%)
Dec 3, 2024, 11:48 AM EST - Market open
-2.68%
Market Cap 1.05B
Revenue (ttm) 409.41M
Net Income (ttm) 47.50M
Shares Out 17.70M
EPS (ttm) 2.48
PE Ratio 24.04
Forward PE 19.57
Dividend $0.28 (0.47%)
Ex-Dividend Date Sep 13, 2024
Volume 120,760
Open 60.83
Previous Close 60.89
Day's Range 58.40 - 60.99
52-Week Range 21.98 - 63.51
Beta 0.66
Analysts Strong Buy
Price Target 60.00 (+1.25%)
Earnings Date Nov 7, 2024

About TPB

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 Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand. The Stoker’s Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing to... [Read more]

Industry Tobacco
IPO Date May 11, 2016
Employees 373
Stock Exchange NYSE
Ticker Symbol TPB
Full Company Profile

Financial Performance

In 2023, Turning Point Brands's revenue was $405.39 million, a decrease of -2.32% compared to the previous year's $415.01 million. Earnings were $38.46 million, an increase of 230.40%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TPB stock is "Strong Buy." The 12-month stock price forecast is $60.0, which is an increase of 1.25% from the latest price.

Price Target
$60.0
(1.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tucker Carlson Introduces ALP, A Revolutionary New Nicotine Pouch Company

MIAMI--(BUSINESS WIRE)--Tucker Carlson has announced the launch of ALP, the first nicotine pouch brand made by and for adults who unapologetically love nicotine. ALP will be sold, marketed and distrib...

19 days ago - Business Wire

Turning Point Brands (TPB) Q3 2024 Earnings Call Transcript

Turning Point Brands (NYSE:TPB) Q3 2024 Earnings Call Transcript November 7, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - President and Chief Executive ...

24 days ago - Seeking Alpha

Turning Point Brands Announces Third Quarter 2024 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking ...

26 days ago - Business Wire

Turning Point Brands Declares Common Stock Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)--The Board of Directors of Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative ...

26 days ago - Business Wire

Turning Point Brands to Host Third Quarter 2024 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its third quarter conference call to review results. The conference call will be on Thursday, N...

5 weeks ago - Business Wire

Turning Point Brands: Growth In Disguise (Rating Upgrade)

Turning Point Brands' underlying growth, aided by nicotine pouch brands and Zig-Zag's cannabis positioning, has been clouded by the weak CDS segment. The FRE brand's rapid growth and potential Alp col...

7 weeks ago - Seeking Alpha

Turning Point Brands: Why This Tobacco Stock Winner Has More Room To Run

Turning Point Brands has surged over 87.5%, thanks to the company's refocus on its smokeless tobacco and rolling paper businesses. Even after this incredible run-up in price, shares have more room to ...

7 weeks ago - Seeking Alpha

Pick Top Stocks Like Fantasy Football

Fantasy sports is a multi-billion dollar industry, with millions invested, tracking key stats, with the aim of selecting top players for the biggest return. Fantasy football and investing have strong ...

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2 months ago - Seeking Alpha

ZIG-ZAG LAUNCHES FOUR NEW FLAVORS OF 100% TOBACCO-FREE HEMP WRAPS

Innovative Hemp Wraps Available in Sour Squeeze, Georgia Peach, Summer Slice, and Mellow Haze SANTA MONICA, Calif. , Aug. 13, 2024 /PRNewswire/ -- Zig-Zag, a leader in the rolling papers industry, is ...

4 months ago - PRNewsWire

Turning Point Brands (TPB) Q2 2024 Earnings Call Transcript

Turning Point Brands (NYSE:TPB) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - Chief Executive Officer Summer Fr...

4 months ago - Seeking Alpha

Turning Point Brands Q2: Great Underlying Growth Goes Unnoticed

Turning Point Brands reported a Q2 earnings beat, showing a return to positive revenue growth after 10 out of 11 prior quarters showing a decline. The Stoker's segment drove incredible growth with MST...

4 months ago - Seeking Alpha

Turning Point Brands Announces Second Quarter 2024 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking ...

4 months ago - Business Wire

Turning Point Brands to Host Second Quarter 2024 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review second quarter 2024 results. The conference call will be on Thurs...

4 months ago - Business Wire

Turning Point Brands: Stable Business With Great Cash Flow Yield

Turning Point Brands manufactures and sells tobacco-related products such as rolling papers, chewing tobacco, and has more recently started selling nicotine pouches. The company has had negative reven...

6 months ago - Seeking Alpha

Turning Point Brands, Inc. (TPB) Q1 2024 Earnings Call Transcript

Turning Point Brands, Inc. (NYSE:TPB) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Graham Purdy - President and CEO Andrew Flynn - Chief Financial Officer Summer Frein...

7 months ago - Seeking Alpha

Turning Point Brands Announces First Quarter 2024 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking ...

7 months ago - Business Wire

Turning Point Brands to Host First Quarter 2024 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review first quarter 2024 results. The conference call will be on Thursd...

8 months ago - Business Wire

6 Upcoming Dividend Increases Including A Dividend King

Dividend King Cincinnati Financial increases dividend by 8%, extending their 64-year streak.

Other symbols: BBYCINFQSRSCHDSREVST
9 months ago - Seeking Alpha

Turning Point Brands Appoints Andrew Flynn as Chief Financial Officer

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or the “Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking ...

9 months ago - Business Wire

Turning Point Brands: Entry Into Oral Nicotine Pouch Category Is A 2024 Catalyst

Turning Point Brands reported its Q4 results highlighted by firming profitability. The company's entry into the oral nicotine pouches market with the "FRE" brand is seen as a high-growth driver and a ...

9 months ago - Seeking Alpha

Turning Point Brands Increases Common Stock Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)--The Board of Directors of Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative ...

9 months ago - Business Wire

Turning Point Brands, Inc. (TPB) Q4 2023 Earnings Call Transcript

Turning Point Brands, Inc. (TPB) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Turning Point Brands Announces Fourth Quarter and Full Year 2023 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking ...

9 months ago - Business Wire

Turning Point Brands to Host Fourth Quarter and Fiscal Year 2023 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review fourth quarter and fiscal year 2023 results. The conference call ...

10 months ago - Business Wire

Turning Point: Double-Digit Growth Of Stoker's MST May Imply Undervaluation

Further investments in inventory of stoker's products and distribution expansion of this business segment could accelerate net sales growth. The company is focused on diversifying its products and exp...

1 year ago - Seeking Alpha