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Vector Group Ltd. operates as a holding company, which manufactures and sells tobacco products. It operates through the following segments: Tobacco and Real Estate. Read More The Tobacco segment consists of the manufacture and sale of cigarettes. The Real Estate segment includes investments in consolidated and non-consolidated real estate businesses. The company was founded in 1980 and is headquartered in Miami, FL.
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Seeking AlphaMar 19
Vector Group: Don't Chase The 14+% Yield
Overview Vector Group Ltd. (VGR) reported Q4 2018 and full year 2018 results at the end of February. After some weakness on revenue and earnings through 2018, the company reported a comparatively good Q4 2018, beating both revenue and earnings estimates. Despite the good results from tobacco operations, real estate continues to be challenged as pointed out in my earlier article on the company. Since then the stock price has dropped further due to the possibility of future FDA rules, a jump in long-term deb...
Real estate mogul weighs in on a proposed tax on multi-million dollar second homes in New York
Real estate mogul weighs in on a proposed tax on multi-million dollar second homes in New York 4 Hours Ago Howard Lorber, President and CEO of the Vector Group and Chairman of Douglas Elliman Realty, joins "Squawk Box" to discuss the future of New York real estate....
Yahoo FinanceMar 12
How Vector Group Ltd. (NYSE:VGR) Can Impact Your Portfolio Volatility
If you’re interested in Vector Group Ltd. (NYSE:VGR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories. The first type is company specific volatility. Investors use diversification across uncorrelated stocks to reduce this kind of price volatility across the portfolio. T...
Expected May 9, Pre-Market