NYSE:VGRVector Group Stock Price, Forecast & News

Vector Group's stock was trading at $11.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VGR stock has decreased by 20.6% and is now trading at $8.96. View which stocks have been most impacted by Coronavirus.

Vector Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Vector Group.

Vector Group Ltd (NYSE:VGR) announced its earnings results on Friday, May, 8th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.21. The firm earned $454.50 million during the quarter, compared to analyst estimates of $416.30 million. Vector Group had a net margin of 4.27% and a negative return on equity of 20.78%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. View Vector Group's earnings history.

Vector Group declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Friday, June 19th will be given a dividend of $0.20 per share on Monday, June 29th. This represents a $0.80 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date of this dividend is Thursday, June 18th. View Vector Group's dividend history.

News coverage about VGR stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Vector Group earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Vector Group.

Vector Group saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,090,000 shares, a drop of 6.0% from the June 15th total of 6,480,000 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is presently 5.1 days. Currently, 4.8% of the shares of the company are short sold. View Vector Group's Current Options Chain.

Some companies that are related to Vector Group include Philip Morris International (PM), British American Tobacco (BTI), Altria Group (MO), SWEDISH MATCH A/ADR (SWMAY), mCig (MCIG) and White Fox Ventures (AWAW). View all competitors.

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), Johnson Controls International (JCI) and Energy Transfer LP Unit (ET).

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

Vector Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Insight Folios Inc (0.20%), Envestnet Asset Management Inc. (0.01%), AdvisorShares Investments LLC (0.01%), Wedge Capital Management L L P NC (0.01%) and BEAM Asset Management LLC (0.01%). Company insiders that own Vector Group stock include Bennett S Lebow, Howard M Lorber and Phillip Md Et Al Frost. View institutional ownership trends for Vector Group.

VGR stock was sold by a variety of institutional investors in the last quarter, including Insight Folios Inc, and AdvisorShares Investments LLC. Company insiders that have sold Vector Group company stock in the last year include Bennett S Lebow, and Phillip Md Et Al Frost. View insider buying and selling activity for Vector Group.

VGR stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedge Capital Management L L P NC, and BEAM Asset Management LLC. View insider buying and selling activity for Vector Group.

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

One share of VGR stock can currently be purchased for approximately $8.96.

Vector Group has a market capitalization of $1.33 billion and generates $1.90 billion in revenue each year. The company earns $100.97 million in net income (profit) each year or $0.70 on an earnings per share basis. Vector Group employs 1,418 workers across the globe.

The official website for Vector Group is www.vectorgroupltd.com.

Vector Group's mailing address is 4400 BISCAYNE BOULEVARD, MIAMI FL, 33137. The company can be reached via phone at 305-579-8000 or via email at [email protected]