Vector Group
Market Cap
US$1.6b
Last Updated
2019/08/16 23:45 UTC
Data Sources
Company Financials +
Executive Summary
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States.
Snowflake
Fundamentals
Average dividend payer with acceptable track record.
Risks
- Vector Group is covered by less than 3 analysts.
Share Price & News
How has Vector Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.9%
NYSE:VGR
0.7%
US Tobacco
-1.0%
US Market
1 Year Return
-26.4%
NYSE:VGR
-23.4%
US Tobacco
-0.4%
US Market
VGR underperformed the Tobacco industry which returned -24.8% over the past year.
VGR underperformed the Market in United States of America which returned -1.7% over the past year.
Share holder returns
| VGR | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.9% | 0.7% | -1.0% |
| 30 Day | 21.5% | -6.5% | -3.3% |
| 90 Day | 22.6% | -11.3% | 0.4% |
| 1 Year | -15.1%-26.4% | -18.8%-23.4% | 1.8%-0.4% |
| 3 Year | -16.9%-37.8% | -18.9%-29.2% | 39.4%30.4% |
| 5 Year | -1.2%-35.7% | 35.0%8.8% | 54.2%37.1% |
Price Volatility Vs. Market
How volatile is Vector Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Vector Group Ltd. (NYSE:VGR) Insiders Have Been Selling4 weeks ago | Simply Wall St
Vector Group Ltd. (NYSE:VGR) Is Employing Capital Very Effectively1 month ago | Simply Wall St
We Think Vector Group (NYSE:VGR) In Taking Some Risk With Its DebtValuation
Is Vector Group undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Vector Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
Vector Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Vector Group is overvalued based on earnings compared to the Global Tobacco industry average.
Vector Group is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Vector Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
Vector Group has negative assets, we can't compare the value of its assets to the US Tobacco industry average.
Next Steps
Future Growth
How is Vector Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
-13.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Vector Group's revenue is expected to grow by 17.2% yearly, however this is not considered high growth (20% yearly).
Vector Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Vector Group's revenue growth is expected to exceed the United States of America market average.
Vector Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Vector Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Vector Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Vector Group performed over the past 5 years?
5.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Vector Group's year on year earnings growth rate has been positive over the past 5 years.
Vector Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Vector Group's 1-year earnings growth is negative, it can't be compared to the Global Tobacco industry average.
Return on Equity
It is difficult to establish if Vector Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
Return on Assets
Vector Group used its assets more efficiently than the Global Tobacco industry average last year based on Return on Assets.
Return on Capital Employed
Vector Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Vector Group's financial position?
Financial Position Analysis
Vector Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Vector Group's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Vector Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
Irrelevant to check if Vector Group's debt level has increased considering it has negative shareholder equity.
Debt is not well covered by operating cash flow (11%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
Balance Sheet
High level of physical assets or inventory.
Vector Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Vector Group's current dividend yield, its reliability and sustainability?
13.66%
Current Dividend Yield
Dividend Yield and Payments Analysis
Vector Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
Vector Group's dividend is above the markets top 25% of dividend payers in United States of America (3.9%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Vector Group's salary, the management and board of directors tenure and is there insider trading?
18.3yrs
Average management tenure
CEO
Howard Lorber (70yo)
13.6yrs
Tenure
US$8,441,627
Compensation
Mr. Howard M. Lorber has been the Chief Executive Officer and President of Vector Group Ltd. since January 2006 and January 2001 respectively. Mr. Lorber has been Chief Executive Officer New Valley LLC sin ...
CEO Compensation Analysis
Howard's remuneration is higher than average for companies of similar size in United States of America.
Howard's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
18.3yrs
Average Tenure
61.5yo
Average Age
The average tenure for the Vector Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
15.4yrs
Average Tenure
71.5yo
Average Age
The average tenure for the Vector Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 400,000 |
| Max Price | US$11.88 |
| Entity | Company |
| Shares | 626,250 |
| Max Price | US$12.61 |
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 100,000 |
| Max Price | US$12.47 |
| Entity | Company |
| Shares | 765,000 |
| Max Price | US$13.24 |
| Entity | Company |
| Shares | 450,085 |
| Max Price | US$13.76 |
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 140,000 |
| Max Price | US$13.90 |
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 260,000 |
| Max Price | US$13.92 |
| Entity | Company |
| Shares | 100,000 |
| Max Price | US$14.21 |
| Entity | Company |
| Shares | 45,609 |
| Max Price | US$14.14 |
| Entity | Individual |
| Role | President Member of the Board of Directors |
| Shares | 700,000 |
| Max Price | US$14.18 |
Ownership Breakdown
Management Team
Howard Lorber (70yo)
President
- Tenure: 13.6yrs
- Compensation: $8.44m
Marc Bell (58yo)
Senior VP
- Tenure: 25.3yrs
- Compensation: $1.40m
Richard Lampen (65yo)
Executive Vice President
- Tenure: 23.1yrs
- Compensation: $1.67m
James Kirkland (53yo)
Senior VP
- Tenure: 13.3yrs
- Compensation: $1.02m
Board Members
Howard Lorber (70yo)
President
- Tenure: 18.6yrs
- Compensation: $8.44m
Bennett LeBow (81yo)
Chairman of the Board
- Tenure: 32.8yrs
- Compensation: $122.22k
Jean Sharpe (72yo)
Director
- Tenure: 21.3yrs
- Compensation: $88.84k
Hank Beinstein (76yo)
Director
- Tenure: 15.4yrs
- Compensation: $103.89k
Paul Carlucci (71yo)
Independent Director
- Tenure: 1.4yrs
- Compensation: $135.71k
Ron Bernstein (66yo)
Director
- Tenure: 15.4yrs
- Compensation: $2.18m
Barry Watkins (54yo)
Independent Director
- Tenure: 1.4yrs
- Compensation: $120.97k
Stanley Arkin (81yo)
Director
- Compensation: $69.81k
Company Information
Vector Group Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vector Group Ltd.
- Ticker: VGR
- Exchange: NYSE
- Founded: 1873
- Industry: tobacco
- Sector: food, beverage & tobacco
- Market Cap: US$1.648b
- Shares outstanding: 140.75m
- Website: Click here
Number of Employees
Location
- Vector Group Ltd.
- 4400 Biscayne Boulevard
- Miami
- Florida
- 33137
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VGR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1987 |
| VGR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1987 |
Biography
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 109 combination ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/16 23:45 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.