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Turning Point Brands, Inc. (TPB)

Consumer Defensive | Tobacco | Louisville, United States | NYSE
54.84 USD -0.39 (-0.712%) ⇩ (Oct. 14, 2026, 9:33 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 6:55 a.m. EDT

The investment case for Turning Point Brands hinges entirely on the company's ability to pivot from a legacy tobacco giant to a nicotine pouch powerhouse. Fundamentally, the business is showing signs of life with revenue growing at +22.6% and a massive +610% cumulative gain over the last nine years, driven by a successful transition away from traditional cigarettes. However, the recent price action tells a different story; the stock has fallen nearly 40% from its yearly highs, trading well below the $118 analyst consensus target. This disconnect suggests the market is currently pricing in skepticism about the sustainability of this growth or fears of regulatory headwinds. While the dividend yield is modest and safe, it is not the primary driver here. The real opportunity lies in the speculative thesis that the nicotine pouch segment will continue to expand rapidly, which is why options traders are aggressively buying deep out-of-the-money calls. For a long-term investor, the valuation appears attractive relative to the growth trajectory, but the short-term path remains volatile as the market digests whether this turnaround can hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.099539
AutoARIMA0.100698
AutoETS0.101588
MSTL0.104412

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 1.05
Ljung-Box p 0.000
Jarque-Bera p 0.109
Excess Kurtosis -0.49
Attribute Value
Sector Consumer Defensive
Ex Dividend Date 2026-09-17
Last Dividend Date 2026-09-17
Debt to Equity Ratio 68.426
Revenue per Share 26.468
Market Cap 1,062,115,584
Trailing P/E 23.64
Forward P/E 24.41
Beta 0.97
Profit Margins 8.78%
Website https://www.turningpointbrands.com

As of Oct. 10, 2026, 6:55 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by massive open interest in deep out-of-the-money calls (strikes 115, 190) and heavy volume in near-term calls. Conversely, put activity is concentrated in the money, suggesting a hedge against volatility rather than a bearish bet on a crash. The disparity between call and put volume indicates a speculative bullish bias.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.12% 0.38% 0.57% 0.74%
Dividend History
Date Dividend Yield %
2026-09-18 0.080 0.117405
2026-06-18 0.080 0.097537
2026-03-20 0.080 0.094217
2025-12-19 0.075 0.068669
2025-09-19 0.075 0.073386
2025-06-20 0.075 0.101557
2025-03-21 0.075 0.130095
2024-12-20 0.070 0.118363
2024-09-13 0.070 0.179028
2024-06-14 0.070 0.227642
2024-03-21 0.070 0.239234
2023-12-14 0.065 0.261886
2023-09-14 0.065 0.261464
2023-06-15 0.065 0.282609
2023-03-16 0.065 0.317073
2022-12-15 0.060 0.297767
2022-09-15 0.060 0.261210
2022-06-16 0.060 0.222717
2022-03-17 0.060 0.187911
2021-12-16 0.055 0.151432
2021-09-16 0.055 0.113472
2021-06-17 0.055 0.128565
2021-03-18 0.055 0.106610
2020-12-17 0.050 0.115687
2020-09-17 0.050 0.163345
2020-06-18 0.050 0.199760
2020-03-19 0.050 0.289017
2019-12-19 0.045 0.170713
2019-09-19 0.045 0.187813
2019-06-20 0.045 0.090380
2019-03-21 0.045 0.095541
2018-12-20 0.045 0.160657
2018-09-20 0.040 0.094273
2018-06-21 0.040 0.125235
2018-03-23 0.040 0.197922
2017-11-24 0.040 0.230150
Additional Data
dividendYield 0.58
exDividendDate 2026-09-18
trailingAnnualDividendRate 0.31
trailingAnnualDividendYield 0.0056125866
lastDividendValue 0.08
lastDividendDate 2026-09-18
dividendDate 2026-10-09

Info Dump

Attribute Value
52 Week Change -0.3963728
Address1 5,201 Interchange Way
All Time High 146.9
All Time Low 6.462
Ask 63.72
Ask Size 200
Audit Risk 7
Average Daily Volume10 Day 483,990
Average Daily Volume3 Month 374,275
Average Volume 374,275
Average Volume10Days 483,990
Beta 0.974
Bid 50.26
Bid Size 300
Board Risk 4
Book Value 21.452
City Louisville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 54.84
Current Ratio 5.669
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 54.98
Day Low 54.22
Debt To Equity 68.426
Display Name Turning Point Brands
Dividend Date 1,791,504,000
Dividend Yield 0.58
Earnings Call Timestamp End 1,785,848,400
Earnings Call Timestamp Start 1,785,848,400
Earnings Growth -0.772
Earnings Quarterly Growth -0.752
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,793,795,400
Earnings Timestamp Start 1,793,795,400
Ebitda 75,162,000
Ebitda Margins 0.14818
Enterprise To Ebitda 15.619
Enterprise To Revenue 2.315
Enterprise Value 1,173,990,912
Eps Current Year 1.75667
Eps Forward 2.24667
Eps Trailing Twelve Months 2.32
Esg Populated 0
Ex Dividend Date 1,789,689,600
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 73.0534
Fifty Day Average Change -18.213398
Fifty Day Average Change Percent -0.24931623
Fifty Two Week Change Percent -39.63728
Fifty Two Week High 146.9
Fifty Two Week High Change -92.06
Fifty Two Week High Change Percent -0.62668484
Fifty Two Week Low 54.22
Fifty Two Week Low Change 0.61999893
Fifty Two Week Low Change Percent 0.0114348745
Fifty Two Week Range 54.22 - 146.9
Financial Currency USD
First Trade Date Milliseconds 1,462,973,400,000
Five Year Avg Dividend Yield 0.56
Float Shares 17,524,963
Forward Eps 2.24667
Forward P E 24.40946
Free Cashflow -8,175,500
Full Exchange Name NYSE
Full Time Employees 484
Fullday Change -0.9700012
Fullday Change Percent -1.7253668
Fullday Price 54.84
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.56736
Gross Profits 287,780,000
Has Pre Post Market Data 1
Held Percent Insiders 0.04247
Held Percent Institutions 1.01086
Implied Shares Outstanding 19,367,534
Industry Tobacco
Industry Disp Tobacco
Industry Key tobacco
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,789,689,600
Last Dividend Value 0.08
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Turning Point Brands, Inc.
Market us_market
Market Cap 1,062,115,584
Market State REGULAR
Max Age 86,400
Message Board Id finmb_10004497
Most Recent Quarter 1,782,777,600
Net Income To Common 44,555,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,212,959,781
Number Of Analyst Opinions 6
Open 56.07
Operating Cashflow 32,212,000
Operating Margins 0.04172
Overall Risk 4
Payout Ratio 0.1336
Peg Ratio 0.05
Phone 502 778 4421
Previous Close 55.233
Price Eps Current Year 31.218157
Price Hint 2
Price To Book 2.556405
Price To Sales Trailing12 Months 2.0939527
Profit Margins 0.087840006
Quick Ratio 3.471
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.39300156
Regular Market Change Percent -0.71153396
Regular Market Day High 54.98
Regular Market Day Low 54.22
Regular Market Day Range 54.22 - 54.98
Regular Market Open 56.07
Regular Market Previous Close 55.233
Regular Market Price 54.84
Regular Market Time 1,791,984,807
Regular Market Volume 7,777
Return On Assets 0.05756
Return On Equity 0.17572
Revenue Growth 0.226
Revenue Per Share 26.468
Sand P52 Week Change 0.17004645
Sector Consumer Defensive
Sector Disp Consumer Defensive
Sector Key consumer-defensive
Share Holder Rights Risk 5
Shares Outstanding 19,367,534
Shares Percent Shares Out 0.1586
Shares Short 3,179,764
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 2,796,253
Short Name Turning Point Brands, Inc.
Short Percent Of Float 0.16520001
Short Ratio 7.91
Source Interval 15
State KY
Symbol TPB
Target High Price 140.0
Target Low Price 90.0
Target Mean Price 118.5
Target Median Price 120.5
Total Cash 268,307,008
Total Cash Per Share 13.383
Total Debt 310,668,992
Total Revenue 507,230,016
Tradeable 0
Trailing Annual Dividend Rate 0.31
Trailing Annual Dividend Yield 0.0056125866
Trailing Eps 2.32
Trailing P E 23.637932
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 89.49205
Two Hundred Day Average Change -34.65205
Two Hundred Day Average Change Percent -0.38720813
Type Disp Equity
Volume 7,777
Website https://www.turningpointbrands.com
Zip 40,229