← Back

Turning Point Brands Inc

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.

Price · split & dividend adjusted
News & notes moving TPB
TPB▼2

Altria vs. Turning Point Brands: Which Tobacco Stock Is a Better Buy in 2026?

Altria Group and Turning Point Brands present contrasting investment cases in the tobacco sector. Altria, with its dominant Marlboro brand, generated nearly $20.1 billion in revenue and $6.95 billion in net income in fiscal 2025, while Turning Point Brands posted $463.1 million in revenue and $58.2 million in net income, a 28% year-over-year increase. Altria offers a forward dividend yield of nearly 6% and a forward price-to-earnings ratio of 13.0, compared to Turning Point's yield of less than 1% and forward P/E of 62.9. The analysis concludes that Altria is the better buy due to its strong dividend and lower valuation, despite headwinds from declining smoking rates and regulatory challenges.
MO ▲TPB ▼
The Motley Fool·48dRead more ▾
TPB▲

Turning Point Brands targets 10% nicotine pouch market share by 2030

Turning Point Brands is pivoting from legacy tobacco to high-growth nicotine pouches, targeting a 10% U.S. market share by 2030 that could represent a $1.5 to $2.5 billion revenue opportunity against trailing twelve-month sales of approximately $481 million. The company is investing in a new Louisville, Kentucky manufacturing facility expected to lift gross margins above 60% and EBITDA margins above 25% once scaled, though near-term spending on production, marketing, and distribution is temporarily suppressing profitability. Its ALP brand, backed by a joint venture with Tucker Carlson, has expanded from roughly 1,000 to 10,000 stores within months, while FRE is building retail presence through sports partnerships. Despite intense competition from Zyn, On!, and Velo, the bullish thesis sees the recent 40% share-price decline as an attractive entry point, with shares trading at roughly 12 times estimated 2027 free cash flow and offering potential for a 7- to 10-times return over five years if execution meets expectations.
TPB ▲BATS.LSE ▼
Yahoo Finance·58dRead more ▾
© 2026 MarketDXAsset