Turning Point Brands, Inc. (TPB)

NYSE: TPB · IEX Real-Time Price · USD
27.78
-0.35 (-1.24%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-1.24%
Market Cap 489.43M
Revenue (ttm) 405.39M
Net Income (ttm) 38.46M
Shares Out 17.62M
EPS (ttm) 2.01
PE Ratio 13.82
Forward PE 9.17
Dividend $0.28 (1.01%)
Ex-Dividend Date Mar 21, 2024
Volume 46,907
Open 27.88
Previous Close 28.13
Day's Range 27.53 - 27.91
52-Week Range 19.67 - 29.86
Beta 0.50
Analysts Strong Buy
Price Target 34.00 (+22.39%)
Earnings Date May 2, 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, TPB'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 one analyst, the rating for TPB stock is "Strong Buy" and the 12-month stock price forecast is $34.0.

Price Target
$34.0
(22.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 days ago - Business Wire

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 ...

6 weeks 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 ...

2 months ago - Business Wire

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 ...

2 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 ...

2 months ago - Business Wire

Turning Point Brands Announces Third Quarter 2023 Results and Closing of New ABL Facility

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 ...

6 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 ...

6 months ago - Business Wire

Turning Point Brands to Host Third Quarter 2023 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review third quarter 2023 results. The conference call will be on Wednes...

6 months ago - Business Wire

Turning Point Brands Announces Second Quarter 2023 Results; Increases 2023 Guidance

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 Second Quarter 2023 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 2023 results. The conference call will be on Wedne...

10 months ago - Business Wire

Turning Point Brands Announces First Quarter 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 ...

1 year ago - Business Wire

Turning Point Brands to Host First Quarter 2023 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 2023 results. The conference call will be on Wednes...

1 year ago - Business Wire

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

1 year ago - Business Wire

Turning Point Brands to Host Fourth Quarter and Fiscal Year 2022 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 2022 results. The conference call ...

1 year ago - Business Wire

Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of Directors

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Peggy Hwan Hebard as...

Other symbols: RITM
1 year ago - Business Wire

Turning Point Brands profit falls but beats target

Turning Point Brands Inc. TPB, +6.15% said Wednesday its third-quarter earnings fell to $11.54 million, or 60 cents a share, from $13.47 million, or 65 cents a share, in the year-ago quarter. Breaking...

1 year ago - Market Watch

Turning Point Brands Announces Third Quarter 2022 Results

LOUISVILLE, Ky.

1 year ago - Business Wire

Zig-Zag papers maker Turning Point Brands names CEO and sees third-quarter revenue topping estimates

Turning Point Brands Inc. TPB, -0.85% on Monday named long-tenured company executive Graham Purdy as chief executive officer following Yavor Efremov's resignation as CEO and director. David Glazek wil...

1 year ago - Market Watch

Turning Point Brands to Host Third Quarter 2022 Conference Call

LOUISVILLE, Ky.

1 year ago - Business Wire

Is There A Better Pick Over Philip Morris Stock?

There is more to the comparison, and in the sections below, we discuss why we believe TPB stock will offer better returns than PM stock in the next three years.

Other symbols: PM
1 year ago - Forbes

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. Adj...

1 year 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 ...

1 year ago - Business Wire

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 Wedne...

1 year 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 ro...

2 years ago - Market Watch