Alert: New Earnings Report (5/1/24)-Vector Group Ltd (NYSE: VGR).

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Vector Group Ltd (NYSE: VGR) has reported earnings for its first fiscal quarter (ending March 31) of $0.22 versus $0.22 for the same period a year ago — flat performance. For the latest four quarters through March 31, E.P.S. were $1.16 versus $1.02 for the same period a year ago — an increase of 14%.

Recent Price Action

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Vector Group Ltd (NYSE: VGR) stock rose modestly by 1.0% on 5/1/24. The stock closed at $10.45. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, VGR is expected to be a major Value Eraser.

Vector Group is currently unrated.

Rating Review

The stock is currently unrated.

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