Turning Point Brands (TPB) to Release Earnings on Thursday

Turning Point Brands (NYSE:TPB - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. 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 1.9 %

Shares of TPB opened at $59.07 on Thursday. The company has a current ratio of 4.21, a quick ratio of 1.78 and a debt-to-equity ratio of 1.33. The stock has a market cap of $1.05 billion, a PE ratio of 23.44 and a beta of 0.70. Turning Point Brands has a 1 year low of $27.48 and a 1 year high of $72.54. The stock has a 50 day simple moving average of $60.82 and a 200-day simple moving average of $58.04.

Turning Point Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 21st were paid a dividend of $0.075 per share. This is a positive change from Turning Point Brands's previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a yield of 0.51%. The ex-dividend date was Friday, March 21st. Turning Point Brands's dividend payout ratio is currently 14.15%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. StockNews.com raised shares of Turning Point Brands from a "hold" rating to a "buy" rating in a report on Friday, April 18th. Roth Mkm reaffirmed a "buy" rating and set a $70.00 price objective on shares of Turning Point Brands in a research note on Friday, January 10th. Industrial Alliance Securities set a $85.00 target price on shares of Turning Point Brands in a research note on Thursday, March 6th. Finally, Alliance Global Partners began coverage on Turning Point Brands in a report on Monday, March 3rd. They issued a "buy" rating and a $80.00 target price on the stock. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $73.33.

Turning Point Brands Company Profile

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.

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