Last $21.13 USD
Change Today -0.25 / -1.17%
Volume 274.3K
VGR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 12:40 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

vector group ltd (VGR) Snapshot

Open
$21.44
Previous Close
$21.38
Day High
$21.49
Day Low
$21.06
52 Week High
09/2/14 - $22.86
52 Week Low
01/9/14 - $15.36
Market Cap
2.4B
Average Volume 10 Days
828.7K
EPS TTM
$0.43
Shares Outstanding
114.5M
EX-Date
12/10/14
P/E TM
48.7x
Dividend
$1.60
Dividend Yield
7.31%
Current Stock Chart for VECTOR GROUP LTD (VGR)

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vector group ltd (VGR) Details

Vector Group Ltd., through its subsidiaries, primarily manufactures and sells cigarettes in the United States. The company operates through Tobacco and Real Estate segments. It produces 123 combinations of cigarettes under the EAGLE 20's, PYRAMID, GRAND PRIX, LIGGETT SELECT, and EVE brand names, as well as USA and various partner brands, and private label brands. The company offers its products primarily to the military, large grocery stores, and drug and convenience store chains, as well as to candy and tobacco distributors. It also provides residential brokerage services, as well as focuses on the acquisition of real estate properties. The company was formerly known as Brooke Group Ltd. Vector Group Ltd. was founded in 1911 and is based in Miami, Florida.

989 Employees
Last Reported Date: 03/3/14
Founded in 1911

vector group ltd (VGR) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $3.1M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $425.0K
Director, Chief Executive Officer of Liggett ...
Total Annual Compensation: $908.7K
Executive Vice President
Total Annual Compensation: $900.0K
Vice President, General Counsel, Secretary, S...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

vector group ltd (VGR) Key Developments

Vector Group Declares Quarterly Cash Dividend Payable on December 30, 2014

Vector Group Ltd. announced that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share. The quarterly cash dividend will be payable on December 30, 2014 to holders of record as of December 12, 2014.

Vector Group Ltd. Announces Restatement of Earnings Results for the Third Quarter and Nine Months September 30, 2014

Vector Group Ltd. announced restated earnings results for the third quarter and nine months September 30, 2014. The company reported that as a result of the recasting of e-cigarettes as a separate segment, to include an additional component of purchase account adjustments related to the company's acquisition of an additional 20.59% interest in Douglas Elliman Realty, LLC in December 2013, and the correction of previously reported non-cash interest expense for the three months ended September 30, 2014. For the three months ended September 30, 2014, the company reported pro-forma adjusted net income attributed to the company of $22,005,000 or $0.21 per share compared to previously reported pro-forma adjusted net income attributed to the company of $21,684,000 or $0.20 per share for the same period a year ago. For the nine months, the company reported pro-forma adjusted net income attributed to the company of $52,716,000 or $0.50 per share compared to previously reported pro-forma adjusted net income attributed to the company of $52,395,000 or $0.50 per share for the same period a year ago.

Vector Group Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Vector Group Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total Revenue was $419,876,000 compared to $277,941,000 for the same period of last year. The increase in revenues in 2014 was primarily due to the acquisition and consolidated presentation of Douglas Elliman. Operating income was $62,984,000 compared to loss of $37,285,000 for the same period of last year. Income before provision for income taxes was $31,669,000 compared to loss of $55,860,000 for the same period of last year. Net income attributed to the company was $14,879,000 compared to loss of $36,891,000 for the same period of last year. Diluted earnings per share was $0.14 compared to loss of $0.39 for the same period of last year. Pro-forma adjusted revenues were $419,876,000 against $405,478,000 a year ago. EBITDA was $81,748,000 against loss of $19,505,000 a year ago. Pro-forma adjusted EBITDA attributed to the company was $65,041,000 against $63,022,000 a year ago. Pro-forma adjusted net income attributed to the company was $21,684,000 or $0.20 diluted per share against $17,910,000 or $0.18 diluted per share a year ago. Pro-forma adjusted operating income was $64,982,000 compared to $63,929,000 for the same period of last year. For the nine months, the company reported total Revenue was $1,173,725,000 compared to $780,336,000 for the same period of last year. The increase in revenues in 2014 was primarily due to the acquisition and consolidated presentation of Douglas Elliman. Operating income was $166,014,000 compared to $50,051,000 for the same period of last year. Income before provision for income taxes was $57,272,000 compared to loss of $34,348,000 for the same period of last year. Net income attributed to the company was $25,384,000 compared to loss of $25,061,000 for the same period of last year. Diluted earnings per share was $0.24 compared to loss of $0.26 for the same period of last year. Pro-forma adjusted revenues were $1,175,408,000 against $1,096,057,000 a year ago. EBITDA was $199,541,000 against $72,702,000 a year ago. Pro-forma adjusted EBITDA attributed to the company was $174,398,000 against $160,119,000 a year ago. Pro-forma adjusted net income attributed to the company was $52,395,000 or $0.50 diluted per share against $46,800,000 or $0.47 diluted per share a year ago. Pro-forma adjusted operating income was $173,163,000 compared to $156,726,000 for the same period of last year.

 

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VGR

Industry Average

Valuation VGR Industry Range
Price/Earnings 24.2x
Price/Sales 2.2x
Price/Book NM Not Meaningful
Price/Cash Flow 26.9x
TEV/Sales 0.6x
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