As of August 28, 2026, Turning Point Brands, Inc. (TPB) has a DilutionWatch DilutionScore of 31/100, rated MEDIUM dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Turning Point Brands, Inc. has a market capitalization of $1.64B, 20.05M shares outstanding, 241 institutional holders tracked.
This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.
Score Breakdown
💰Cash Runway—
Dilution Forecast
🌥️
Advisory
Moderate dilution signals present
model est. 20%
🔁 Convertible Conversion
model 40%
• Significant convertible debt: 18% potential dilution
• Elevated convertible risk (60/100)
Market Data
Market Cap$1.64B
Shares Outstanding20.05M
Float16.98M
Cash$268.31M
Debt$294.14M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 15.8% shares (2026Q1 vs prior)
241 institutional holders · 22.43M shares
#1
VANGUARD CAPITAL MANAGEMENT LLC
1.63M shares
#2
BlackRock, Inc.
1.47M shares
#3
MORGAN STANLEY
1.41M shares
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest2.61M
Days to Cover7.2
% of Float15.4%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL CONVERTIBLE
2025-12-31
Full SEC filing analysis available with free account
→
Recent News
No recent news
Factual TPB Dilution Snapshot
Turning Point Brands, Inc. (TPB) has a DilutionScore of 31/100, rated Medium dilution risk. Score date: August 28, 2026.
- Recent SEC activity tracked for TPB: xbrl on 2025-12-31.
- Score coverage note: Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.