VGR Stock Recent News
VGR LATEST HEADLINES
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.
Vector's market position with value brands has been a huge tailwind for their revenue growth. Vector's management is acutely aware of leverage and manages the balance sheet well.
The Consumer Staples Select Sector SPDR Fund was one of the best-performing sectors last year, falling by less than 1% compared to the 19% decline of the Russell 1000. With economic uncertainty lingering until 2023, diversifying into consumer staples is crucial for risk management.
Vector (VGR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vector Group Ltd. (NYSE:VGR ) Q4 2022 Earnings Conference Call February 16, 2023 8:00 AM ET Company Participants Howard Lorber - President and CEO Bryant Kirkland - CFO Nick Anson - President and COO-Liggett Vector Brands Conference Call Participants Ian Zaffino - Oppenheimer Hale Holden - Barclays Karru Martinson - Jefferies Operator Welcome to Vector Group Ltd.s' Fourth Quarter 2022 Earnings Conference Call.
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) will conduct a conference call and webcast to discuss its fourth quarter and full year results on Thursday, February 16, 2023 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/47624. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on February 16, 2023 through March 2, 2023 at https://www.