Vector Group (VGR) Stock Price, News & Analysis

Vector Group's stock was trading at $11.28 at the beginning of 2024. Since then, VGR shares have decreased by 8.9% and is now trading at $10.28.
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Vector Group saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,830,000 shares, a decline of 17.0% from the March 15th total of 3,410,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.1% of the company's shares are short sold.
View Vector Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our VGR earnings forecast.

Vector Group Ltd. (NYSE:VGR) announced its earnings results on Tuesday, February, 13th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.10. The firm had revenue of $360.35 million for the quarter, compared to analysts' expectations of $357.60 million. Vector Group had a net margin of 12.89% and a negative trailing twelve-month return on equity of 24.93%.

Vector Group announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Monday, March 4th will be paid a dividend of $0.20 per share on Thursday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 7.78%. The ex-dividend date of this dividend is Friday, March 1st.
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 7.97%. VGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 68.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VGR will have a dividend payout ratio of 60.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VGR.

ETFs with the largest weight of Vector Group (NYSE:VGR) stock in their portfolio include AdvisorShares Vice ETF (VICE), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Global SuperDividend US ETF (DIV), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Royce Quant Small-Cap Quality Value ETF (SQLV), WisdomTree U.S. SmallCap Dividend Fund (DES) and Syntax Stratified SmallCap ETF (SSLY).

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's stock is owned by a number of institutional and retail investors. Top institutional investors include Insight Folios Inc (0.38%), Hennion & Walsh Asset Management Inc. (0.08%), Denali Advisors LLC (0.08%), Allspring Global Investments Holdings LLC (0.06%), Royal Fund Management LLC (0.05%) and Wealthstar Advisors LLC (0.03%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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