Turning Point Brands, Inc. (TPB)

NYSE: TPB · Real-Time Price · USD
55.90
+0.19 (0.34%)
Jan 14, 2025, 4:00 PM EST - Market closed
0.34%
Market Cap 990.67M
Revenue (ttm) 409.41M
Net Income (ttm) 47.50M
Shares Out 17.72M
EPS (ttm) 2.48
PE Ratio 22.57
Forward PE 18.40
Dividend $0.28 (0.50%)
Ex-Dividend Date Dec 20, 2024
Volume 143,484
Open 56.28
Previous Close 55.71
Day's Range 55.84 - 57.54
52-Week Range 21.98 - 66.18
Beta 0.67
Analysts Strong Buy
Price Target 68.75 (+22.99%)
Earnings Date Feb 26, 2025

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 4 analysts, the average rating for TPB stock is "Strong Buy." The 12-month stock price forecast is $68.75, which is an increase of 22.99% from the latest price.

Price Target
$68.75
(22.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Turning Point Brands: Scaling An Alp With Tucker Carlson

Turning Point Brands has seen a significant turnaround, driven by reduced reliance on vaping products, and entrance into the nicotine pouch category. The company's nicotine pouch brand FRĒ, relaunched...

15 days ago - Seeking Alpha

ALP Pre-orders Demolish Expectations as ALP Officially Launches Online

MIAMI , Dec. 23, 2024 /PRNewswire/ -- After weeks of rousing pre-launch sales to a select group of nicotine connoisseurs, the whole grain goodness of ALP pouches is finally available to the general pu...

22 days ago - PRNewsWire

Turning Point Brands: Alp Is Off To A Fast Start

Turning Point Brands' joint venture with Tucker Carlson for Alp nicotine pouches has launched, with pre-orders shipping during December. Initial web traffic data shows quite strong demand for Alp. TPB...

27 days ago - Seeking Alpha

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...

2 months 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 ...

2 months 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 ...

2 months 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 ...

2 months 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...

2 months 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...

3 months 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 ...

3 months 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 ...

Other symbols: CCLDKNGSKYWVIRT
3 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 ...

5 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...

5 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...

5 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 ...

5 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...

6 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...

8 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...

9 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 ...

9 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...

9 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
10 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 ...

11 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 ...

11 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 ...

11 months ago - Business Wire

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

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

11 months ago - Seeking Alpha