Vector Group (VGR) Scheduled to Post Quarterly Earnings on Thursday

Posted by Caroline Horne on Apr 30th, 2024

Vector Group (NYSE:VGR – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Vector Group to post earnings of $0.25 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Vector Group (NYSE:VGR – Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.10. Vector Group had a negative return on equity of 24.93% and a net margin of 12.89%. The company had revenue of $360.35 million for the quarter, compared to the consensus estimate of $357.60 million. On average, analysts expect Vector Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vector Group Trading Down 0.1 %

NYSE VGR traded down $0.01 during trading hours on Tuesday, reaching $10.42. The company’s stock had a trading volume of 260,078 shares, compared to its average volume of 1,009,949. The stock has a market cap of $1.64 billion, a PE ratio of 8.99 and a beta of 1.02. The business has a 50-day simple moving average of $10.68 and a 200 day simple moving average of $10.78. Vector Group has a 52 week low of $9.80 and a 52 week high of $13.43.

Vector Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, March 4th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend was Friday, March 1st. Vector Group’s dividend payout ratio (DPR) is 68.97%.

Vector Group Company Profile

(Get Free Report)

Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.