Vector Group - VGR Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vector Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VGR shares.
View VGR analyst ratings or view top-rated stocks.

1 brokerages have issued 12-month target prices for Vector Group's stock. Their VGR share price forecasts range from $13.50 to $15.00. On average, they predict the company's share price to reach $14.25 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for VGR or view top-rated stocks among Wall Street analysts.

Vector Group's stock was trading at $11.48 on January 1st, 2022. Since then, VGR shares have decreased by 0.7% and is now trading at $11.40.
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Vector Group saw a drop in short interest in November. As of November 15th, there was short interest totaling 3,430,000 shares, a drop of 28.7% from the October 31st total of 4,810,000 shares. Based on an average trading volume of 757,600 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.6% of the shares of the company are short sold.
View Vector Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our VGR earnings forecast.

Vector Group Ltd. (NYSE:VGR) announced its earnings results on Monday, November, 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.03. The business had revenue of $652.65 million for the quarter, compared to the consensus estimate of $651.80 million. Vector Group had a net margin of 11.21% and a negative trailing twelve-month return on equity of 17.48%. During the same quarter in the previous year, the company posted $0.25 earnings per share.

Vector Group declared a quarterly dividend on Monday, November 28th. Shareholders of record on Friday, December 9th will be paid a dividend of $0.20 per share on Tuesday, December 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for VGR.

Vector Group (NYSE:VGR) pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.16%. VGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VGR will have a dividend payout ratio of 73.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VGR.

4 employees have rated Vector Group Chief Executive Officer Howard M. Lorber on Glassdoor.com. Howard M. Lorber has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Altria Group (MO), AT&T (T), Energy Transfer (ET) and Johnson Controls International (JCI).

Vector Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "VGR."

Vector Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.43%), Vanguard Group Inc. (10.87%), Renaissance Technologies LLC (5.05%), State Street Corp (2.86%), Bank of New York Mellon Corp (1.91%) and Dimensional Fund Advisors LP (1.89%). Insiders that own company stock include Bennett S Lebow, Bennett S Lebow, J Bryant Kirkland III, Paul V Carlucci, Phillip Md Et Al Frost, Richard Lampen and Ronald J Bernstein.
View institutional ownership trends.

Shares of VGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VGR stock can currently be purchased for approximately $11.40.

Vector Group (NYSE:VGR) has a market capitalization of $1.76 billion and generates $1.22 billion in revenue each year. The company earns $219.46 million in net income (profit) each year or $1.00 on an earnings per share basis.

The company employs 500 workers across the globe.

Vector Group's mailing address is 4400 BISCAYNE BOULEVARD, MIAMI FL, 33137. The official website for the company is www.vectorgroupltd.com. The company can be reached via phone at (305) 579-8000, via email at cclancy@sardverb.com, or via fax at 302-655-5049.