Streetbeat News

VGR

Vector Group Ltd.

https://www.vectorgroupltd.com

Industry

Tobacco

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 100 combinations under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It 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 also engages in real estate investment business. 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.

Open

15.01

Mkt cap

2.4B

Volume

2.2M

High

15.09

P/E Ratio

11.90

52-wk high

15.53

Low

14.99

Div yield

0.05

52-wk low

9.28

Benzinga Insights has identified S&W Seed (SANW), Perdoceo Education (PRDO), Vector Group (VGR), Altria Group (MO), and Adecoagro (AGRO) as notable value stocks in the consumer defensive sector based on their low P/E multiples. Earnings per share and dividend yields for these companies have shown varied trends in recent quarters, indicating different growth prospects and financial health.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 2:40 pm

Benzinga Insights identifies notable value stocks in the consumer defensive sector based on low P/E multiples. Herbalife, Adecoagro, Ingles Markets, Vector Group, and S&W Seed are highlighted for their value, with detailed updates on their recent earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:39 pm

Vector Group's shares experienced an increase following the announcement of their Q4 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 4:17 pm

Vector Group (NYSE:VGR) reported Q4 earnings with an EPS of $0.36, beating estimates by 12.5% but with a revenue decrease of $3.42 million from the previous year. Despite missing EPS estimates last quarter, the share price increased by 2.63% the following day. The company's past earnings performance shows a mixed trend in meeting EPS estimates.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:40 pm

Vector Group (NYSE:VGR) reported Q4 adjusted EPS of $0.36, surpassing the $0.32 estimate, and sales of $360.35M, exceeding the $357.60M estimate. This represents a 16.13% increase in EPS and a 0.94% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:37 pm

Numerous companies are scheduled to report their quarterly earnings on February 13, 2024, with expectations spanning from significant profits to losses across various sectors. Key highlights include anticipated earnings from major corporations such as Coca-Cola, Shopify, Airbnb, and Biogen, reflecting a broad spectrum of industries from technology to consumer goods. The diversity in performance indicators underscores the varying financial health and market expectations for these entities.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 10:06 am

Vector Group (NYSE:VGR) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts estimating an EPS of $0.32. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varied stock price reactions. Shares of Vector Group were trading at $9.95 as of February 09, reflecting a 20.22% decline over the last 52 weeks. Investors are keenly awaiting the earnings report and guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 6:01 pm

Benzinga Insights identifies value stocks in the consumer defensive sector with low P/E ratios, suggesting potential undervaluation. Vector Group, Village Super Market, Darling Ingredients, S&W Seed, and Bunge Global are highlighted for their P/E values and recent financial performance, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 2:40 pm

The WHO's latest tobacco trends report shows a global decline in tobacco use, with 1.25 billion adult users in 2022, down from 1 in 3 adults in 2000 to 1 in 5 today. Brazil and the Netherlands have made significant reductions following MPOWER measures. However, the rise of vaping among youth is causing regulatory concerns. The industry faces uncertainty as health organizations endorse vaping as a smoking alternative, but regulatory scrutiny increases. Major tobacco companies like Philip Morris International Inc (PM) and British American Tobacco Industries (BTI) are wary of potential regulations on new nicotine products.

Portfolio Pulse from Vandana Singh

January 16, 2024 | 7:21 pm

Vector Group (NYSE:VGR) is distributing a dividend of $0.20 per share today, with an annualized yield of 7.46%. The dividend is available to shareholders who owned the stock before the ex-dividend date of November 30, 2023. The company's dividend per share has decreased from $1.60 in 2019 to $0.80 in 2022, while earnings per share have grown from $0.82 to $0.92 over the same period. This suggests a shift in focus towards reinvesting profits for growth rather than dividend distribution. Vector Group's dividend yield is mid-range compared to industry peers like British American Tobacco (NYSE:BTI), which has a yield of 9.35%.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 3:05 pm

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