Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States.
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Proven track record and slightly overvalued.
Share Price & News
How has Vector Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VGR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VGR exceeded the US Tobacco industry which returned -22.2% over the past year.
Return vs Market: VGR underperformed the US Market which returned 6.1% over the past year.
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
2 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Vector Group Ltd. (NYSE:VGR)
4 weeks ago | Simply Wall StDon't Race Out To Buy Vector Group Ltd. (NYSE:VGR) Just Because It's Going Ex-Dividend
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The Vector Group Ltd.'s (NYSE:VGR) Shareholder Register?
Is Vector Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VGR ($9.07) is trading below our estimate of fair value ($42.26)
Significantly Below Fair Value: VGR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VGR is poor value based on its PE Ratio (17.3x) compared to the XX Tobacco industry average (12.8x).
PE vs Market: VGR is poor value based on its PE Ratio (17.3x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: VGR is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: VGR has negative assets, so we can't compare its PB Ratio to the US Tobacco industry average.
How is Vector Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VGR's forecast earnings growth (13.6% per year) is above the savings rate (2.2%).
Earnings vs Market: VGR's earnings (13.6% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: VGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: VGR's revenue (15.8% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: VGR's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VGR's Return on Equity is forecast to be high in 3 years time
How has Vector Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VGR has a large one-off loss of $80.6M impacting its March 31 2020 financial results.
Growing Profit Margin: VGR's current net profit margins (5.2%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: VGR's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: VGR's earnings growth over the past year (30.5%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: VGR earnings growth over the past year (30.5%) exceeded the Tobacco industry -0.3%.
Return on Equity
High ROE: VGR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Vector Group's financial position?
Financial Position Analysis
Short Term Liabilities: VGR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VGR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VGR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VGR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VGR's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: VGR's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Vector Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VGR's dividend (8.82%) is higher than the bottom 25% of dividend payers in the US market (1.7%).
High Dividend: VGR's dividend (8.82%) is in the top 25% of dividend payers in the US market (4.69%)
Stability and Growth of Payments
Stable Dividend: VGR's dividend payments have been volatile in the past 10 years.
Growing Dividend: VGR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (260%), VGR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Howard Lorber (71yo)
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
Compensation vs Market: Howard's total compensation ($USD11.68M) is above average for companies of similar size in the US market ($USD4.76M).
Compensation vs Earnings: Howard's compensation has increased by more than 20% in the past year.
|Senior VP||14.25yrs||US$1.27m||0.14% $1.9m|
|Senior VP||26.17yrs||US$1.48m||0.081% $1.1m|
|Executive Vice President||24yrs||US$2.00m||0.25% $3.4m|
|President & COO of Liggett Group LLC and Liggett Vector Brands LLC||0.50yr||no data||no data|
Experienced Management: VGR's management team is seasoned and experienced (14.5 years average tenure).
|Independent Chairman of the Board||33.75yrs||US$217.22k||3.72% $51.7m|
|Independent Director||22.17yrs||US$182.33k||0.098% $1.4m|
|Independent Director||16.33yrs||US$182.89k||0.094% $1.3m|
|Independent Director||2.33yrs||US$179.39k||0.0093% $128.6k|
|Independent Director||2.33yrs||US$155.50k||0.0093% $128.6k|
|Independent Director||8.67yrs||US$166.41k||0.030% $422.4k|
Experienced Board: VGR's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VGR insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Vector Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Vector Group Ltd.
- Ticker: VGR
- Exchange: NYSE
- Founded: 1873
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: US$1.388b
- Shares outstanding: 153.08m
- Website: https://www.vectorgroupltd.com
Number of Employees
- Vector Group Ltd.
- 4400 Biscayne Boulevard
- United States
|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|
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 100 combinations under the Pyramid, EAGLE 20’s, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. In addition, it provides residential real estate brokerage, relocation, real estate sales and marketing, and title insurance services to real estate buyers and financial institutions; manages cooperatives, condominiums, and rental apartments; and invests in, acquires, and owns real estate properties or projects, as well as develops land. Further, the company operates elliman.com, a Website that enables consumers to search properties and access market information, as well as offers building and neighborhood guides, and other interactive content. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is based in Miami, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 23:59|
|End of Day Share Price||2020/07/10 00:00|
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.