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