Vector Group (VGR) Set to Announce Quarterly Earnings on Thursday

Vector Group (NYSE:VGR) is set to announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Vector Group (NYSE:VGR) last posted its quarterly earnings results on Tuesday, February 13th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.26 by $0.10. The business had revenue of $360.35 million during the quarter, compared to analysts’ expectations of $357.60 million. Vector Group had a negative return on equity of 24.93% and a net margin of 12.89%. 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 Stock Performance

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

Vector Group Announces Dividend

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

Vector Group Company Profile

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.