Vector Group - VGR Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vector Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VGR shares.
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2 Wall Street research analysts have issued 1 year target prices for Vector Group's stock. Their VGR share price forecasts range from $13.50 to $15.00. On average, they anticipate the company's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
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Vector Group's stock was trading at $11.48 at the beginning of the year. Since then, VGR shares have decreased by 6.6% and is now trading at $10.72.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our VGR earnings forecast.

Vector Group Ltd. (NYSE:VGR) released its quarterly earnings results on Monday, November, 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 9.96% and a negative trailing twelve-month return on equity of 20.84%. During the same quarter in the previous year, the business posted $0.25 EPS.

Vector Group announced a quarterly dividend on Monday, June 6th. Investors of record on Friday, June 17th will be paid a dividend of $0.20 per share on Wednesday, June 29th. This represents a $0.80 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date of this dividend is Thursday, June 16th.
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 7.55%. VGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VGR will have a dividend payout ratio of 70.80% 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 many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (1.00%), Advisors Asset Management Inc. (0.66%), Principal Financial Group Inc. (0.56%), Insight Folios Inc (0.30%), Bank of Montreal Can (0.26%) and Brandywine Global Investment Management LLC (0.25%). 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.
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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 $10.72.

Vector Group (NYSE:VGR) has a market capitalization of $1.66 billion and generates $1.22 billion in revenue each year. The company earns $219.46 million in net income (profit) each year or $1.07 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.