Turning Point Brands (NYSE:TPB) Issues Earnings Results

Turning Point Brands (NYSE:TPB) announced its earnings results on Tuesday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.11, FiscalAI reports. Turning Point Brands had a return on equity of 16.54% and a net margin of 11.53%.During the same period in the prior year, the company posted $0.98 EPS. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis.

Here are the key takeaways from Turning Point Brands’ conference call:

• Positive Sentiment: Modern Oral remained the key growth engine, with gross sales up 149% and net sales up 128% year over year to $68 million; the company raised its 2026 Modern Oral net sales guidance to $260–$270 million.
• Positive Sentiment: Management expects chain-store count to rise 70% year over year by year-end, with shelf resets already beginning at several large retailers; ALP is gaining traction in independent and regional accounts and may enter larger-chain discussions in the fall and spring reset periods.
• Negative Sentiment: Consolidated adjusted EBITDA fell 50% year over year to $15 million as the company increased sales, marketing, commercial staffing, and brand-building investments; full-year EBITDA guidance was maintained at $70–$90 million despite stronger Modern Oral sales.
• Neutral Sentiment: The company remains focused on completing its PMTA process and expects to launch U.S. manufacturing by year-end subject to regulatory approval, potentially supporting long-term gross margins of approximately 70%; it also expects to spend an additional $3–$5 million on PMTA work in 2026.

Turning Point Brands Price Performance

Shares of TPB traded up $1.64 on Tuesday, reaching $82.06. The stock had a trading volume of 339,893 shares, compared to its average volume of 429,411. Turning Point Brands has a twelve month low of $65.80 and a twelve month high of $146.90. The firm has a market capitalization of $1.59 billion, a PE ratio of 28.06 and a beta of 0.92. The firm has a 50-day moving average of $82.69 and a 200 day moving average of $94.18. The company has a quick ratio of 4.05, a current ratio of 5.87 and a debt-to-equity ratio of 0.76.

Turning Point Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 18th will be issued a $0.08 dividend. The ex-dividend date is Friday, September 18th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. Turning Point Brands’s dividend payout ratio is currently 10.88%.

Insider Transactions at Turning Point Brands

In related news, CAO Brian Wigginton sold 4,000 shares of Turning Point Brands stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $91.67, for a total transaction of $366,680.00. Following the completion of the transaction, the chief accounting officer directly owned 9,230 shares of the company’s stock, valued at approximately $846,114.10. The trade was a 30.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 5.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Lord Abbett & CO. LLC purchased a new stake in Turning Point Brands in the 4th quarter valued at approximately $28,454,000. Wellington Management Group LLP purchased a new position in Turning Point Brands during the third quarter worth $20,788,000. First Trust Advisors LP raised its holdings in shares of Turning Point Brands by 72.4% in the fourth quarter. First Trust Advisors LP now owns 494,262 shares of the company’s stock worth $53,578,000 after acquiring an additional 207,604 shares during the last quarter. ArrowMark Colorado Holdings LLC lifted its position in shares of Turning Point Brands by 28.9% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 869,747 shares of the company’s stock valued at $94,281,000 after acquiring an additional 194,938 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Turning Point Brands by 912.1% in the third quarter. Millennium Management LLC now owns 214,401 shares of the company’s stock valued at $21,196,000 after acquiring an additional 193,218 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TPB. Weiss Ratings lowered shares of Turning Point Brands from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Needham & Company LLC upgraded shares of Turning Point Brands from a “hold” rating to a “buy” rating and set a $125.00 price target on the stock in a research note on Friday, May 8th. BTIG Research began coverage on shares of Turning Point Brands in a report on Tuesday, July 21st. They set a “buy” rating and a $103.00 price target for the company. Wall Street Zen lowered Turning Point Brands from a “sell” rating to a “strong sell” rating in a report on Sunday. Finally, Compass Point set a $103.00 target price on Turning Point Brands in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Turning Point Brands currently has an average rating of “Moderate Buy” and an average target price of $113.50.

Turning Point Brands Company Profile

Turning Point Brands, Inc (NYSE: TPB) is a U.S.-based consumer products company focused on the manufacture, marketing and distribution of smokeless tobacco, vaping and cigar products. Headquartered in Old Hickory, Tennessee, the company serves retail outlets across all 50 states through a direct-store-delivery network and select third-party distributors. Turning Point Brands operates two reporting segments—Smokeless Products and Cigar—and leverages its logistics capabilities to offer a broad portfolio of brands and SKUs.

In its Smokeless Products segment, Turning Point Brands produces moist smokeless tobacco under leading brand names such as Grizzly, Kodiak and Stoker’s.