Vector Group (NYSE:VGR) Earning Somewhat Positive Media Coverage, Accern Reports

News headlines about Vector Group (NYSE:VGR) have been trending somewhat positive on Friday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vector Group earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.7913729616158 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of VGR traded down $0.15 during trading hours on Friday, hitting $15.53. The company had a trading volume of 2,029,700 shares, compared to its average volume of 811,383. The company has a debt-to-equity ratio of -2.54, a current ratio of 1.36 and a quick ratio of 1.17. The firm has a market cap of $2.09 billion, a PE ratio of 25.90 and a beta of 0.38. Vector Group has a 52-week low of $15.36 and a 52-week high of $23.14.

Vector Group (NYSE:VGR) last posted its quarterly earnings results on Monday, August 6th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.01. Vector Group had a negative return on equity of 18.66% and a net margin of 4.75%. The firm had revenue of $481.50 million during the quarter, compared to analyst estimates of $494.80 million. During the same quarter in the previous year, the firm earned $0.25 EPS. Vector Group’s quarterly revenue was up 2.0% compared to the same quarter last year. sell-side analysts anticipate that Vector Group will post 0.43 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 27th. Shareholders of record on Tuesday, September 18th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 17th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 10.30%. Vector Group’s dividend payout ratio is currently 266.67%.

Several research analysts have commented on VGR shares. Zacks Investment Research cut shares of Vector Group from a “hold” rating to a “sell” rating in a report on Wednesday. Oppenheimer set a $27.00 price target on shares of Vector Group and gave the company a “buy” rating in a report on Wednesday, May 9th. Finally, ValuEngine lowered Vector Group from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th.

Vector Group Company Profile

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates through Tobacco, E-Cigarettes, and Real Estate segments. The company produces cigarettes in 109 combinations under the PYRAMID, EAGLE 20's, GRAND PRIX, LIGGETT SELECT, and EVE brand names, as well as USA and various partner brands, and private label brands.

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