VGR Stock Recent News

Vector Group stands out by engaging in both tobacco sales and luxury real estate development, presenting a unique combination of industries under one corporate umbrella. The company's historical emphasis on dividend payments, coupled with an aggressive push into real estate development, raises the risk of a potential dividend cut, creating a challenge for income-focused investors. Vector's focus on the discount segment is supported by a differentiated distribution network. Liggett deliberately sells cigarettes through tobacco outlets and mass merchandisers rather than convenience stores.

Vector Group Ltd. (NYSE:VGR ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Howard Lorber - President & Chief Executive Officer Nick Anson - President & Chief Operating Officer-Liggett Vector Brands Bryant Kirkland - Chief Financial Officer Conference Call Participants Karru Martinson - Jefferies Operator Welcome to Vector Group Ltd.

Vector Group has gained market share among U.S. cigarette manufacturers. The company's Q2 earnings report was highlighted by climbing EBITDA. We like the stock's compelling 8% dividend yield, supported by strong underlying cash flows.

Vector Group manufactures and sells cigarettes and also invests in real estate through apartment buildings, hotels, and commercial properties on the side. The company has a strong growth history and high profit margins, making it an attractive investment option. Despite regulatory risks in the tobacco industry, my discounted cash flow model suggests a moderate upside for VGR, supporting a buy rating for the stock.

MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) today announced that two members of its senior management team will present at the 2023 Barclays Global Consumer Staples Conference on Thursday, September 7, 2023 at 2:15 p.m. EDT in Boston, MA. Presenters will include J. Bryant Kirkland III, Vector Group's Senior Vice President, Chief Financial Officer and Treasurer, and Nicholas Anson, President and Chief Operating Officer of Liggett Group LLC and Liggett Vector Brands LLC. A live, listen-.

Vector Group (VGR) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.25 per share a year ago.

Vector Group's EPS growth has declined, with no future growth expected due to industry uncertainties and regulatory changes. The company's dividend policy has been volatile, making it an unreliable income investment despite strong cash flow. Current valuation may be a value trap, with downside potential outweighing upside due to challenging business environment and weakening fundamentals.

Vector (VGR) could produce exceptional returns because of its solid growth attributes.

Vector (VGR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Vector Group (VGR) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.17 per share a year ago.