Shares of Turning Point Brands, Inc. (NYSE:TPB – Get Free Report) have been assigned a consensus rating of “Hold” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $108.50.
Several equities research analysts have commented on TPB shares. Oppenheimer lowered their target price on shares of Turning Point Brands from $130.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, September 22nd. Wall Street Zen raised shares of Turning Point Brands from a “strong sell” rating to a “sell” rating in a research report on Monday, August 10th. Compass Point set a $116.00 price target on shares of Turning Point Brands in a report on Monday, August 10th. BTIG Research restated a “buy” rating on shares of Turning Point Brands in a research report on Monday, August 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Turning Point Brands in a research note on Friday, August 28th.
View Our Latest Stock Report on Turning Point Brands
Institutional Trading of Turning Point Brands
Hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Turning Point Brands during the second quarter worth approximately $137,273,000. First Trust Advisors LP boosted its position in shares of Turning Point Brands by 39.6% during the 1st quarter. First Trust Advisors LP now owns 689,905 shares of the company’s stock worth $59,877,000 after purchasing an additional 195,643 shares in the last quarter. Maple Rock Capital Partners Inc. grew its stake in shares of Turning Point Brands by 57.5% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 686,800 shares of the company’s stock valued at $58,248,000 after buying an additional 250,800 shares during the period. Bank of America Corp DE acquired a new stake in shares of Turning Point Brands in the 2nd quarter valued at about $47,278,000. Finally, Copeland Capital Management LLC increased its position in Turning Point Brands by 2.6% in the 3rd quarter. Copeland Capital Management LLC now owns 708,507 shares of the company’s stock valued at $41,589,000 after buying an additional 18,184 shares in the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Turning Point Brands
Here are the key news stories impacting Turning Point Brands this week:
- Positive Sentiment: Third-quarter net sales rose 27% to $151.1 million, topping estimates, while reported EPS of $0.41 also beat consensus. The results point to solid revenue momentum, although earnings were below the year-ago level. Third-quarter results
- Positive Sentiment: Management outlined 2026 Modern Oral gross sales of $330 million–$350 million and is targeting more than 70% growth in chain-store count. The targets signal expectations for continued expansion in the category. Modern Oral outlook
- Neutral Sentiment: ALP launched a large New York City advertising campaign and branded pop-up. It may build awareness for the nicotine-pouch brand, though the article does not quantify expected sales impact. ALP campaign
- Negative Sentiment: Heavy marketing investments weighed on profit, and EPS was down substantially from the prior-year period despite beating estimates. That near-term earnings pressure appears to be tempering the positive sales and outlook news. Marketing investment and profit
Turning Point Brands Stock Performance
Turning Point Brands stock opened at $63.53 on Thursday. The company has a current ratio of 5.67, a quick ratio of 4.16 and a debt-to-equity ratio of 0.65. Turning Point Brands has a 1 year low of $54.17 and a 1 year high of $146.90. The company has a market cap of $1.23 billion, a PE ratio of 27.27 and a beta of 1.08. The company’s 50-day moving average is $65.21 and its two-hundred day moving average is $85.49.
Turning Point Brands (NYSE:TPB – Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.21. The business had revenue of $151.10 million during the quarter, compared to analysts’ expectations of $146.68 million. Turning Point Brands had a return on equity of 11.35% and a net margin of 8.78%. The firm’s quarterly revenue was up 27.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.27 earnings per share. Equities analysts anticipate that Turning Point Brands will post 1.19 earnings per share for the current year.
Turning Point Brands Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, January 8th. Shareholders of record on Friday, December 18th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, December 18th. Turning Point Brands’s dividend payout ratio is 13.73%.
Turning Point Brands Company Profile
Turning Point Brands, Inc is a U.S.-based manufacturer, marketer and distributor of branded consumer products, with a portfolio focused on tobacco and nicotine products and related accessories. Its products are sold primarily in the United States, with distribution in international markets as well.
The company’s Zig-Zag Products business includes rolling papers, wraps, cones and other products associated with the Zig-Zag brand. Its Stoker’s Products business offers products such as loose-leaf chewing tobacco and moist snuff, along with nicotine pouches sold under brands including Stoker’s and FRE.
Turning Point Brands’ portfolio also includes Beech-Nut tobacco products.
Read More
- Five stocks we like better than Turning Point Brands
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Turning Point Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turning Point Brands and related companies with MarketBeat.com's FREE daily email newsletter.
