Vector Group - VGR Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" VGR shares.
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1 equities research analysts have issued 12 month price targets for Vector Group's shares. Their VGR share price forecasts range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
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Vector Group's stock was trading at $11.86 at the beginning of 2023. Since then, VGR shares have decreased by 1.9% and is now trading at $11.64.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
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Vector Group Ltd. (NYSE:VGR) posted its quarterly earnings results on Monday, November, 8th. The company reported $0.34 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 analyst estimates of $651.80 million. Vector Group had a net margin of 11.01% and a negative trailing twelve-month return on equity of 18.57%. During the same period in the previous year, the company posted $0.25 earnings per share.

Vector Group declared a quarterly dividend on Monday, March 6th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.20 per share on Thursday, March 30th. This represents a $0.80 annualized dividend and a yield of 6.87%. The ex-dividend date of this dividend is Thursday, March 16th.
Read our dividend analysis for VGR.

ETFs with the largest weight of Vector Group (NYSE:VGR) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), AdvisorShares Vice ETF (VICE), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco DWA Consumer Staples Momentum ETF (PSL), Global SuperDividend US ETF (DIV), RiverFront Dynamic US Dividend Advantage ETF (RFDA), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and Royce Quant Small-Cap Quality Value ETF (SQLV).

Vector Group (NYSE:VGR) pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.94%. VGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 79.21%. 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 62.99% 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 retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.55%), Dimensional Fund Advisors LP (1.94%), Geode Capital Management LLC (1.79%), Charles Schwab Investment Management Inc. (1.32%), Boston Partners (1.16%) and Victory Capital Management Inc. (0.83%). Insiders that own company stock include Bennett S Lebow, J Bryant Kirkland III, Paul V Carlucci, Richard Lampen and Ronald J Bernstein.
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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 $11.64.

Vector Group (NYSE:VGR) has a market capitalization of $1.82 billion and generates $1.44 billion in revenue each year. The company earns $158.70 million in net income (profit) each year or $1.01 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.