Investing In Vector Group Ltd (NYSE: VGR): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the Tobacco industry segment. The current market capitalization of Vector Group Ltd is $2.15B. A total of 0.75 million shares were traded on the day, compared to an average of 1.44M shares.

In the most recent transaction, LEBOW BENNETT S sold 121,054 shares of VGR for 11.69 per share on Dec 14 ’23. After the transaction, the Director now owns 23,750 company shares. In a previous transaction on Dec 13 ’23, LEBOW BENNETT S sold 50,000 shares at 11.68 per share. VGR shares that Director owns now total 144,804.

Among the insiders who bought shares, LAMPEN RICHARD acquired of 10,000 shares on Sep 08 ’23 at a per-share price of $10.32. This resulted in the EVP/COO holding 797,627 shares of VGR after the transaction. In another insider transaction, KIRKLAND J BRYANT III bought 10,000 shares at $10.32 per share on Sep 11 ’23. Company shares held by the insider now total 450,623.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Vector Group Ltd pays an annual dividend of $0.80, resulting in a dividend yield of 5.87%, and it has a price to earnings (P/E) ratio of 10.81. VGR’s most recent ex-dividend date was 6/5/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 6/14/2024. Previously, the company paid the dividend on 3/14/2024 with an ex-dividend date of 3/1/2024. The VGR stock dividend was $0.20 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, VGR has a high of $13.71 and a low of $9.27.

As of this writing, VGR has an earnings estimate of $0.33 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.33.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VGR’s latest balance sheet shows that the firm has $340.10M in Cash & Short Term Investments as of fiscal 2021. There were $1.41B in debt and $165.29M in liabilities at the time. Its Book Value Per Share was -$4.53, while its Total Shareholder’s Equity was -$841.55M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VGR is Buy with a score of 5.00.

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