Turning Point Brands Inc

Turning Point Brands Inc

TPB · NYSE · Consumer Defensive / Tobacco

55.55USD-0.20 (-0.36%)

Price History

Full chart

Market Stats

Previous Close55.75
Open55.75
Day Range55.46 – 56.91
52-Week Range58.57 – 146.44
Volume354.85K
Market Cap1.24B
P/E (TTM)26.99
Forward P/E38.17
EPS2.30
Dividend Yield0.52%
Beta0.94
50-Day Avg78.44
200-Day Avg92.66

About

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada. The company operates through two segments, Zig-Zag Products and Stoker's Products. Its 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 tobacco products under the Stoker's, FRE, Beech-Nut, Durango, Trophy, and Wind River brands. In addition, the company markets and distributes cannabis accessories and tobacco products. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, drug store, and non-traditional retail channels. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.

Company Details

  • SectorConsumer Defensive
  • IndustryTobacco
  • CEOMr. Graham A. Purdy
  • Employees484
  • Headquarters5201 Interchange Way, Louisville, KY, United States, 40229, USA
  • Websitehttps://www.turningpointbrands.com

Leadership

  • Mr. David E. Glazek J.D.Executive Chairman · b. 1978
  • Mr. Graham A. PurdyCEO, President & Director · b. 1972
  • Mr. Andrew FlynnSenior VP & CFO · b. 1976
  • Ms. Brittani N. Cushman J.D.Senior VP, General Counsel & Corporate Secretary · b. 1985
  • Ms. Summer FreinChief Growth Officer · b. 1984
  • Mr. Brian WiggintonChief Accounting Officer
  • Mr. Frank J. VignoneSenior Vice President of Sales
  • Ms. Alicia CarrascoChief People Officer

Financials

Income Statement

Currency: USD2004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue115.30M116.90M117.60M174.50M188.50M186.70M193.30M200.33M197.26M206.23M285.78M332.68M361.99M405.11M445.47M321.23M325.06M360.66M463.06M
Growth (%)-+1.39%+0.60%+48.38%+8.02%-0.95%+3.54%+3.63%-1.53%+4.55%+38.57%+16.41%+8.81%+11.91%+9.96%-27.89%+1.19%+10.95%+28.39%
Cost of Revenue58.60M56.70M53.30M96.20M100.70M100.90M103.04M107.17M100.96M105.87M160.91M190.12M201.87M215.12M227.64M143.40M142.12M159.09M198.75M
Gross Profit56.70M60.20M64.30M78.30M87.80M85.80M90.26M93.16M96.30M100.36M124.87M142.56M160.12M189.99M217.83M177.83M182.94M201.56M264.31M
Gross Margin49.18%51.50%54.68%44.87%46.58%45.96%46.69%46.51%48.82%48.66%43.69%42.85%44.23%46.90%48.90%55.36%56.28%55.89%57.08%
Operating Expense37.50M44.30M48.40M38.60M43.10M41.30M46.85M45.11M51.78M56.77M75.37M94.08M132.89M125.56M127.51M98.58M102.76M114.85M168.99M
Operating Income19.20M15.90M15.90M39.70M44.70M44.50M43.41M48.06M44.51M43.59M49.50M48.48M27.23M64.43M90.32M79.25M80.18M86.72M95.33M
Operating Margin16.65%13.60%13.52%22.75%23.71%23.84%22.46%23.99%22.57%21.13%17.32%14.57%7.52%15.90%20.28%24.67%24.67%24.04%20.59%
EBITDA-47.50M-19.91M-35.77M-13.20M-25.70M-41.60M46.34M48.99M45.57M45.78M46.15M60.65M56.98M72.06M98.59M64.97M88.64M94.05M115.94M
EBITDA Margin-41.20%-17.04%-30.42%-7.56%-13.63%-22.28%23.97%24.45%23.10%22.20%16.15%18.23%15.74%17.79%22.13%20.23%27.27%26.08%25.04%
Net Income-34.90M10.10M-12.00M16.30M8.40M400.00K-1.61M-29.41M16.68M26.91M20.21M25.29M16.23M38.19M52.06M11.64M38.46M39.81M58.16M
Net Income Margin-30.27%8.64%-10.20%9.34%4.46%0.21%-0.83%-14.68%8.46%13.05%7.07%7.60%4.48%9.43%11.69%3.62%11.83%11.04%12.56%
R&D------949.00K1.20M1.40M1.80M2.30M2.50M2.50M1.30M1.10M600.00K600.00K1.30M-
R&D as % of Total Revenue------0.49%0.60%0.71%0.87%0.80%0.75%0.69%0.32%0.25%0.19%0.18%0.36%-
Interest Expense31.28M31.85M27.08M26.40M35.20M43.00M44.09M34.31M34.28M26.62M16.89M15.09M14.44M13.49M20.50M19.52M14.64M13.98M25.39M
Interest Expense % of Total Revenue27.13%27.25%23.03%15.13%18.67%23.03%22.81%17.13%17.38%12.91%5.91%4.53%3.99%3.33%4.60%6.08%4.51%3.88%5.48%

Balance Sheet

Currency: USD2004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets232.40M225.80M220.80M233.80M260.20M265.39M293.61M250.21M248.72M285.02M282.28M339.38M446.58M496.05M601.56M572.11M569.36M493.35M763.75M
Total Liabilities318.90M302.70M309.30M310.30M331.80M330.94M357.04M341.78M330.33M250.96M228.95M256.75M340.00M378.56M467.84M458.73M417.35M302.97M391.77M
Total Equity-86.50M-76.90M-88.50M-76.50M-71.60M-65.55M-63.43M-91.57M-81.61M34.06M53.32M82.62M106.58M113.44M131.40M111.64M150.98M187.98M354.30M
Cash2.30M500.00K1.80M3.70M14.60M22.43M35.38M8.47M4.83M2.87M2.61M3.31M95.25M41.77M128.32M106.40M117.89M46.16M222.76M
Total Debt281.10M526.39M271.00M--283.48M300.56M312.55M298.70M218.22M202.04M220.72M297.48M333.46M430.48M420.45M377.99M261.27M308.97M
Net Debt278.80M525.89M269.20M-3.70M-14.60M261.05M265.19M304.09M293.86M215.36M199.43M217.41M202.23M291.69M302.16M314.05M260.10M215.12M86.21M

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.23M2.00M-720.00K3.03M12.55M24.43M9.13M29.69M13.09M37.80M43.68M68.22M30.27M66.88M67.06M57.37M
Investing Cash Flow-3.32M-4.79M-1.68M-723.00K-1.31M-2.03M-26.83M-1.93M-24.67M15.90M-64.82M-58.84M-18.79M-5.91M-10.51M-31.67M
Financing Cash Flow1.13M960.00K3.68M10.64M-38.15M-26.03M15.73M-28.02M9.93M67.97M-29.34M57.07M-43.30M-49.51M-128.15M148.27M
Capital Expenditure3.28M4.79M1.68M729.00K1.31M1.60M3.21M2.02M2.27M4.82M6.13M6.16M7.68M5.71M4.62M13.53M
Free Cash Flow950.00K-2.79M-2.40M2.30M11.24M22.83M5.92M27.67M10.82M32.98M37.54M62.06M22.59M61.17M62.44M43.84M
Dividends Paid6.50M---768.00K768.00K768.00K768.00K2.32M3.53M3.80M4.10M4.25M4.50M4.91M5.52M
FCF to OCF22.46%-139.50%333.33%75.91%89.53%93.44%64.87%93.19%82.68%87.26%85.95%90.98%74.61%91.47%93.11%76.42%
Dividend Paid to FCF684.21%---6.83%3.36%12.97%2.78%21.42%10.71%10.13%6.60%18.82%7.35%7.86%12.59%

Earnings

Report DateJun 15, 2016Aug 11, 2016Nov 10, 2016Mar 13, 2017May 11, 2017Aug 10, 2017Nov 9, 2017Mar 8, 2018May 9, 2018Aug 8, 2018Nov 7, 2018Mar 5, 2019May 1, 2019Jul 31, 2019Nov 1, 2019Feb 26, 2020Apr 28, 2020Jul 28, 2020Oct 27, 2020Feb 10, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 22, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 24, 2023May 3, 2023Aug 2, 2023Nov 8, 2023Feb 28, 2024May 2, 2024Aug 1, 2024Nov 7, 2024Feb 26, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Mar 4, 2026May 7, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate0.200.440.390.340.580.410.490.230.270.490.520.490.380.530.460.460.310.450.580.760.640.650.700.420.530.740.610.580.490.580.610.680.670.750.780.910.780.800.720.880.730.100.19
EPS Actual0.270.250.410.220.520.490.410.230.350.500.470.490.430.530.560.410.510.710.750.840.800.840.720.660.710.700.720.690.620.790.760.790.800.890.870.980.910.981.130.950.760.18-
Surprise35.00%-43.18%5.13%-35.29%-10.34%19.51%-16.33%0.00%29.63%2.04%-9.62%0.00%13.16%0.00%21.74%-10.87%64.52%57.78%29.31%10.53%25.00%29.23%2.86%57.14%33.96%-5.41%18.03%18.97%26.53%36.21%24.59%16.18%19.40%18.67%11.54%7.69%16.67%22.50%56.94%8.57%4.11%80.00%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.24B
Enterprise Value1.26B
Trailing P/E26.99
Forward P/E38.17
PEG Ratio0.05
Price / Sales2.45
Price / Book2.82
EPS2.30
Book Value21.45
Revenue (TTM)507.23M
Gross Profit (TTM)287.78M
EBITDA75.16M
Profit Margin8.78%
Operating Margin4.17%
Return on Equity17.57%
Return on Assets5.76%
Shares Outstanding20.05M
Shares Float17.52M
Beta0.94
Dividend Yield0.52%
Dividend Rate0.32
Payout Ratio10.43%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 118.50
  • Strong Buy
    3
  • Buy
    1

Ownership Breakdown

Institutions
100.98%
Insiders
4.25%
Retail / Other
0.00%

Top Institutional Holders

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    1.47M7.34%
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    1.23M6.15%
  • First Trust Advisors L.P.
    975.44K4.87%
  • Vanguard Capital Management, LLC
    816.15K4.07%
  • Copeland Capital Management, LLC
    690.32K3.44%
  • Maple Rock Capital Partners, Inc.
    686.80K3.43%
  • Driehaus Capital Management LLC
    642.73K3.21%
  • American Century Companies Inc
    627.46K3.13%
  • Geode Capital Management, LLC
    600.97K3.00%
  • Two Sigma Investments LLC
    568.20K2.83%
  • FMR Inc
    524.34K2.62%
  • Dimensional Fund Advisors, Inc.
    453.08K2.26%
  • FIRST SABREPOINT CAPITAL MANAGEMENT LP
    400.00K2.00%
  • Vanguard Portfolio Management, LLC
    399.81K1.99%
  • State Street Corp
    383.55K1.91%
  • T. Rowe Price Investment Management,Inc.
    369.05K1.84%

Top Fund Holders

  • First Trust SMID Cp Rising Div Achv ETF
    917.88K4.58%
  • Vanguard MStar Total Stk Mkt Idx Invest
    581.40K2.90%
  • Thrivent Small Cap Stock A
    522.48K2.61%
  • iShares Russell 2000 ETF
    486.73K2.43%

Dividends

20263×
0.08Sep 18, 20260.08Jun 18, 20260.08Mar 20, 2026
20254×
0.07Dec 19, 20250.07Sep 19, 20250.07Jun 20, 20250.07Mar 21, 2025
20244×
0.07Dec 20, 20240.07Sep 13, 20240.07Jun 14, 20240.07Mar 21, 2024
20234×
0.07Dec 14, 20230.07Sep 14, 20230.07Jun 15, 20230.07Mar 16, 2023
20224×
0.06Dec 15, 20220.06Sep 15, 20220.06Jun 16, 20220.06Mar 17, 2022
20214×
0.06Dec 16, 20210.06Sep 16, 20210.06Jun 17, 20210.06Mar 18, 2021
20201×
0.05Dec 17, 2020