Turning Point Brands (NYSE:TPB) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Turning Point Brands (NYSE:TPB) posted its quarterly earnings data on Tuesday. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.11, FiscalAI reports. Turning Point Brands had a net margin of 11.53% and a return on equity of 16.54%. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 EPS.

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 Trading Up 0.4%

Shares of Turning Point Brands stock traded up $0.31 during trading on Tuesday, reaching $80.73. The company’s stock had a trading volume of 157,138 shares, compared to its average volume of 427,566. Turning Point Brands has a 52-week low of $65.80 and a 52-week high of $146.90. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 27.20 and a beta of 0.92. The firm’s 50-day moving average is $82.69 and its two-hundred day moving average is $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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 18th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, September 18th. Turning Point Brands’s payout ratio is presently 10.88%.

Insider Activity 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 shares were sold at an average price of $91.67, for a total value of $366,680.00. Following the transaction, the chief accounting officer owned 9,230 shares in the company, valued at $846,114.10. This trade represents a 30.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 5.40% of the company’s stock.

Institutional Trading of Turning Point Brands

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC purchased a new position in shares of Turning Point Brands in the fourth quarter worth about $27,000. Kemnay Advisory Services Inc. purchased a new stake in Turning Point Brands during the 4th quarter valued at about $27,000. Advisory Services Network LLC purchased a new stake in Turning Point Brands during the 3rd quarter valued at about $28,000. Caitong International Asset Management Co. Ltd bought a new position in Turning Point Brands during the 3rd quarter worth approximately $28,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Turning Point Brands during the 4th quarter worth approximately $77,000. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Compass Point set a $103.00 price target on shares of Turning Point Brands in a research note on Tuesday, July 21st. Needham & Company LLC upgraded shares of Turning Point Brands from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Turning Point Brands from a “sell” rating to a “strong sell” rating in a report on Sunday. 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. Finally, BTIG Research initiated coverage on Turning Point Brands in a research note on Tuesday, July 21st. They issued a “buy” rating and a $103.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $113.50.

About Turning Point Brands

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.