Turning Point Brands (NYSE:TPB – Get Free Report) is projected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $99.96 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Turning Point Brands Trading Up 0.6 %
Shares of NYSE:TPB opened at $68.95 on Thursday. Turning Point Brands has a 52-week low of $22.69 and a 52-week high of $70.99. The company has a market capitalization of $1.22 billion, a P/E ratio of 27.36 and a beta of 0.65. The company has a 50-day simple moving average of $61.64 and a 200 day simple moving average of $52.54. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.78 and a current ratio of 4.21.
Turning Point Brands Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 21st will be given a dividend of $0.075 per share. This is an increase from Turning Point Brands’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a yield of 0.44%. Turning Point Brands’s dividend payout ratio (DPR) is 11.11%.
Analyst Ratings Changes
Check Out Our Latest Stock Report on TPB
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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