Turning Point Brands, Inc. (TPB)

NYSE: TPB · IEX Real-Time Price · USD
20.27
-0.16 (-0.78%)
At close: Sep 27, 2022 4:00 PM
20.28
+0.01 (0.07%)
After-hours: Sep 27, 2022 5:17 PM EDT
-0.78%
Market Cap 361.56M
Revenue (ttm) 419.01M
Net Income (ttm) 41.34M
Shares Out 17.84M
EPS (ttm) 2.08
PE Ratio 9.75
Forward PE 18.62
Dividend $0.24 (1.16%)
Ex-Dividend Date Sep 15, 2022
Volume 97,710
Open 20.49
Previous Close 20.43
Day's Range 20.09 - 20.85
52-Week Range 20.10 - 49.46
Beta 0.47
Analysts Buy
Price Target 40.12 (+97.9%)
Earnings Date Oct 24, 2022

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 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, ... [Read more...]

Industry Tobacco
IPO Date May 11, 2016
CEO Lawrence Wexler
Employees 426
Stock Exchange NYSE
Ticker Symbol TPB
Full Company Profile

Financial Performance

In 2021, TPB's revenue was $445.47 million, an increase of 9.96% compared to the previous year's $405.11 million. Earnings were $52.06 million, an increase of 36.31%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TPB stock is "Buy." The 12-month stock price forecast is 40.12, which is an increase of 97.93% from the latest price.

Price Target
$40.12
(97.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Cheap Bargain Stocks to Buy Now

As major indices remain down by double digits year-to-date (YTD), you may be on the prowl for cheap bargain stocks. Even as the market's downturn this year has been the result of a worsening macro pictu...

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1 month ago - InvestorPlace

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 sm...

1 month ago - Business Wire

Why Turning Point Brands Stock Plunged 19.6% Today

Earnings are out and investors didn't like what they saw.

2 months ago - The Motley Fool

Turning Point Brands (TPB) Tops Q2 Earnings Estimates

Turning Point Brands (TPB) delivered earnings and revenue surprises of 6.06% and 4.08%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Rolling paper company Turning Point Brands profit falls as high gas prices impact business

Turning Point Brands Inc. TPB, -2.10% said Wednesday its second-quarter net income dropped to $5.42 million, or 30 cents a share, from $15.36 million, or 73 cents a share, in the year-ago quarter. Adjus...

2 months ago - Market Watch

Turning Point Brands Announces Second Quarter 2022 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 ac...

2 months ago - Business Wire

Turning Point Brands (TPB) Upgraded to Strong Buy: What Does It Mean for the Stock?

Turning Point Brands (TPB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

Turning Point Brands (TPB) Expected to Beat Earnings Estimates: Should You Buy?

Turning Point Brands (TPB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Wall Street Analysts Predict a 90% Upside in Turning Point Brands (TPB): Here's What You Should Know

The mean of analysts' price targets for Turning Point Brands (TPB) points to a 90.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement amon...

2 months ago - Zacks Investment Research

Turning Point Brands to Host Second Quarter 2022 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 2022 results. The conference call will be on Wednesd...

2 months ago - Business Wire

Cowen names Turning Point Brands as 'best small-to-midcap' idea for 2022

Cowen analyst Vivien Azer on Friday tapped Turning Point Brands TPB, -1.57% as a best small-to-midcap [smidcap] investing idea for 2022 as consumers turn to its Stoker's chewing tobacco and Zig-Zag roll...

3 months ago - Market Watch

10 Recession-Proof Stocks to Buy Right Now

With prominent voices warning about a possible downturn ahead, it's time to consider the best recession-proof stocks to buy. The post 10 Recession-Proof Stocks to Buy Right Now appeared first on Investo...

3 months ago - InvestorPlace

Turning Point Brands (TPB) Beats Q1 Earnings Estimates

Turning Point Brands (TPB) delivered earnings and revenue surprises of 33.96% and 2.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Turning Point Brands Announces First Quarter 2022 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 ac...

5 months ago - Business Wire

Turning Point Brands to Host First Quarter 2022 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 2022 results. The conference call will be on Wednesda...

5 months ago - Business Wire

Turning Point Brands Appoints Summer Frein as Chief Marketing Officer

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

5 months ago - Business Wire

Turning Point Brands (TPB) Stock Jumps 5.5%: Will It Continue to Soar?

Turning Point Brands (TPB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price in...

5 months ago - Zacks Investment Research

RLBD's Kidrin on Revs, M&A, and TPB

Capital Gains Report Interviews Real Brands (OTCQB:RLBD) CEO Thom Kidrin NAPLES, FL / ACCESSWIRE / March 14, 2022 / Capital Gains Report initiated a series of interviews with Real Brands, Inc. (OTCQB:RL...

6 months ago - Accesswire

CORRECTING and REPLACING Turning Point Brands Increases Share Repurchase Authorization

LOUISVILLE, Ky.--(BUSINESS WIRE)--Headline of release should read: Turning Point Brands Increases Share Repurchase Authorization (instead of Turning Point Brands Increases Common Stock Dividend) The upd...

7 months ago - Business Wire

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 sm...

7 months ago - Business Wire

7 Sin Stocks to Buy if the Economy Slows Down

Should the economy take a turn for the worst due to any number of reasons, sin stocks have demonstrated cynical resilience. The post 7 Sin Stocks to Buy if the Economy Slows Down appeared first on Inves...

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7 months ago - InvestorPlace

Turning Point Brands (TPB) Surpasses Q4 Earnings and Revenue Estimates

Turning Point Brands (TPB) delivered earnings and revenue surprises of 46.67% and 5.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Turning Point Brands Announces Fourth Quarter and Full Year 2021 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 ac...

7 months ago - Business Wire

Turning Point Brands Signs Distribution Agreement for Leading Global Lighter Brand CLIPPER®

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 ac...

7 months ago - Business Wire

Analysts Estimate Turning Point Brands (TPB) to Report a Decline in Earnings: What to Look Out for

Turning Point Brands (TPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research