Turning Point Brands (TPB) Expected to Announce Quarterly Earnings on Wednesday

Turning Point Brands (NYSE:TPB) is expected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $95.75 million for the quarter.

Turning Point Brands Trading Up 2.4 %

NYSE TPB opened at $65.20 on Tuesday. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 25.87 and a beta of 0.69. The business has a 50 day moving average price of $59.59 and a 200-day moving average price of $59.33. The company has a quick ratio of 1.78, a current ratio of 4.21 and a debt-to-equity ratio of 1.33. Turning Point Brands has a 52 week low of $30.61 and a 52 week high of $72.54.

Turning Point Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 21st were given a $0.075 dividend. This is a boost from Turning Point Brands’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, March 21st. This represents a $0.30 annualized dividend and a yield of 0.46%. Turning Point Brands’s dividend payout ratio (DPR) is presently 14.15%.

Analyst Ratings Changes

A number of equities research analysts recently commented on TPB shares. Industrial Alliance Securities set a $85.00 price target on Turning Point Brands in a research report on Thursday, March 6th. Alliance Global Partners started coverage on shares of Turning Point Brands in a research report on Monday, March 3rd. They set a “buy” rating and a $80.00 target price on the stock. StockNews.com upgraded Turning Point Brands from a “hold” rating to a “buy” rating in a report on Friday, April 18th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $70.00 target price on shares of Turning Point Brands in a research report on Friday, January 10th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Turning Point Brands has a consensus rating of “Buy” and an average price target of $73.33.

About Turning Point Brands

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.