Vector Group (VGR) Stock Price, News & Analysis

Company Overview

Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It also invests in planned communities, condominium and mixeduse developments, apartment buildings, hotels, and commercial properties. The company markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

Key Stats

• Today's Range: $14.89 to $14.97
• 50-Day Range: $11.02 to $15.17
• 52-Week Range: $9.27 to $15.53
• Volume: 10.83 million shs
• Average Volume: 1.48 million shs
• Market Capitalization: $2.35 billion
• P/E Ratio: 12.86
• Dividend Yield: 5.36%
• Price Target: $16.00
• Consensus Rating: Buy

Vector Group Stock Analysis - MarketRank™

Vector Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 6th out of 24 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Vector Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vector Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.10%

Earnings Growth

Earnings for Vector Group are expected to grow by 4.10% in the coming year, from $1.22 to $1.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vector Group is 12.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.27.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vector Group is 12.86, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 7.07.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.68% of the float of Vector Group has been sold short.

Short Interest Ratio / Days to Cover

Vector Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Vector Group has recently decreased by 22.75%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Vector Group is a leading dividend payer. It pays a dividend yield of 5.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Vector Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Vector Group is 68.97%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Vector Group will have a dividend payout ratio of 62.99% next year. This indicates that Vector Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -2.87

Percentage of Shares Shorted

3.68% of the float of Vector Group has been sold short.

Short Interest Ratio / Days to Cover

Vector Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Vector Group has recently decreased by 22.75%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.04

News Sentiment

Vector Group has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Vector Group this week, compared to 2 articles on an average week.

Search Interest

10 people have searched for VGR on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

2 people have added Vector Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Vector Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.14% of the stock of Vector Group is held by insiders.

Percentage Held by Institutions

64.09% of the stock of Vector Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VGR Stock Analysis - Frequently Asked Questions

How have VGR shares performed this year?

Vector Group's stock was trading at $11.28 at the beginning of the year. Since then, VGR stock has increased by 32.2% and is now trading at $14.9150.
View the best growth stocks for 2024 here.

How were Vector Group's earnings last quarter?

Vector Group Ltd. (NYSE:VGR) issued its quarterly earnings results on Wednesday, July, 31st. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. The business had revenue of $371.91 million for the quarter, compared to the consensus estimate of $362.90 million. Vector Group had a net margin of 14.05% and a negative trailing twelve-month return on equity of 26.96%.

Who are Vector Group's major shareholders?

Top institutional shareholders of Vector Group include Renaissance Technologies LLC (5.28%), Dimensional Fund Advisors LP (2.04%), Bank of New York Mellon Corp (1.35%) and Victory Capital Management Inc. (0.45%). Insiders that own company stock include Richard Lampen, J Bryant Kirkland III, Bennett S Lebow, Ronald J Bernstein and Paul V Carlucci.
View institutional ownership trends.

How do I buy shares of Vector Group?

Shares of VGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vector Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vector Group investors own include AbbVie (ABBV), Chicago Bridge Iron (CBI), Diebold Nixdorf (DBD), Bristol-Myers Squibb (BMY), KKR & Co. Inc. (KKR), Philip Morris International (PM) and Altria Group (MO).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/12 Dividend: 8/30/2024
• Dividend Payable: 9/12/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Multi-Sector Conglomerates
• Industry: Cigarettes
• Sub-Industry: Tobacco
• Current Symbol: NYSE:VGR
• CUSIP: 92240M10
• CIK: 59440
• Web: www.vectorgroupltd.com
• Phone: (305) 579-8000
• Fax: 302-655-5049
• Employees: 551
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.00
• High Stock Price Target: $16.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +7.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.16
• Trailing P/E Ratio: 12.85
• Forward P/E Ratio: 12.22
• P/E Growth: N/A
• Net Income: $183.53 million
• Net Margins: 14.05%
• Pretax Margin: 19.01%
• Return on Equity: -26.96%
• Return on Assets: 19.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.43
• Quick Ratio: 2.06

Sales & Book Value

• Annual Sales: $1.42 billion
• Price / Sales: 1.65
• Cash Flow: $1.29 per share
• Price / Cash Flow: 11.52
• Book Value: ($4.76) per share
• Price / Book: -3.13

Miscellaneous

• Outstanding Shares: 157,378,000
• Free Float: 146,141,000
• Market Cap: $2.35 billion
• Optionable: Optionable
• Beta: 1.04