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Vector (VGR) Company Profile

Updated May 3, 2019
Vector has the following business profile:
Company's Full Name:Vector Group Ltd.
Short Name:Vector
Trading Ticker Symbol:VGR
Primary Exchange:NYSE
Headquarter City/Country:Florida, FL
Primary Industry Sector:Consumer Non-Durables
Seconday Sub-sector:Farming Seeds and Milling
Main Business Areas: Consumer Non-Durables, Farming Seeds and Milling, Consumer Defensive, Tobacco
Dividend Payments:Dividend History

Market and Trading Information for Vector

The following details were available for trading and market data about the stock of Vector as of writing:
Current Share Price:$9.65
Previous Year's Closing Price:$9.73
Percentage Price Change (YTD):-0.82%
Market Cap:$1.36 billion
52-week Price Range:$9.18 - $19.12
Dividend Per Share:$0
EPS (TTM):0.37
Price-Earnings (Trailing):26.29
Price-Earnings (Forward):14.85

Company Profile and Business Description for Vector

Vector Group Ltd., incorporated on September 7, 1999, is a holding company. The Company is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects. The Company's segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Company's e-cigarette business. The Real Estate segment includes the Company's investments in New Valley LLC.

New Valley LLC is engaged in the real estate business and is seeking to acquire or invest in additional real estate properties and projects. New Valley holds interest in Douglas Elliman Realty, LLC (Douglas Elliman Realty), which operates a residential brokerage company in the New York City metropolitan area, which is known as Douglas Elliman Real Estate or Douglas Elliman. It includes Douglas Elliman, Escena, Sagaponack and investments in real estate ventures. New Valley also holds investment interests in various real estate projects domestically and internationally. Douglas Elliman Realty owns Residential Management Group LLC, which conducts business as Douglass Elliman Property Management and is the New York metropolitan area's manager of rental, co-op and condominium housing and Title Services business.

Tobacco Operations

Liggett is the operating successor to Liggett & Myers Tobacco Company. Vector Tobacco is a discount cigarette manufacturer selling product in the deep discount category. Liggett's manufacturing facilities are located in Mebane, North Carolina, where it manufactures Vector Tobacco's cigarettes pursuant to a contract manufacturing agreement. As of December 31, 2016, Liggett produced cigarettes in 116 combinations of length, style and packaging. Liggett's brand portfolio includes EAGLE 20's, PYRAMID, GRAND PRIX, LIGGETT SELECT, EVE and USA and various Partner Brands and private label brands. Liggett's customers are primarily candy and tobacco distributors and grocery, drug and convenience store chains.

E-Cigarettes

The E-Cigarettes segment includes the operations of its subsidiary, Zoom E-Cigs LLC (Zoom). Zoom operates in the United States.

Real Estate Investments

The Company owns and seeks to acquire investment interests in a range of domestic and international real estate projects through debt and equity investments. Its Land Development projects include Escena and Sagaponack. The Company is developing approximately 450-acre approved master planned community in Palm Springs, California. As of December 31, 2016, the development consisted of 667 residential lots, which include both single and multi-family lots, an 18-hole golf course, clubhouse restaurant, golf shop and seven-acre site approved for a 450-room hotel. The Company is also developing an oceanfront plot of land in Sagaponack, New York. As of December 31, 2016, the Company had 15 investments in condominium and mixed-use development real estate ventures. As of December 31, 2016, the Company had two investments in apartment building real estate ventures located in the Houston, Texas and Baltimore, Maryland metropolitan areas. As of December 31, 2016, the Company had two investments in commercial real estate ventures located in the New York City Standard Metropolitan Statistical Area (SMSA) and Las Vegas, Nevada.

The Company competes with Altria Group, Inc., Reynolds American Inc., Imperial Brands Plc, Century-21, ERA, RE/MAX International, Sotheby's International Realty, Better Homes and Gardens Real Estate, Berkshire Hathaway HomeServices, Coldwell Banker, Brown Harris Stevens, Halstead Properties, and Stribling & Associates.

10TH FLOOR, 4400 BISCAYNE BOULEV

Peer / Competitor Companies of Farming Seeds and Milling Sector

Along with Vector Group Ltd., the following other peer (competitor) companies also exist within the same Farming Seeds and Milling - Consumer Non-Durables sector whose company profile and dividend history is as follows:

▶ 22nd Century (XXII): 22nd Century Group, Inc., a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoid....See Detailed Company Profile  and Dividend History.

▶ Adecoagro (AGRO): Adecoagro S.A., incorporated on June 17, 2010, is a holding company primarily engaged through its operating subsidiaries in agricultural and agro-industrial activities. The Company is involved in a range of ....See Detailed Company Profile  and Dividend History.

▶ Alico (ALCO): Alico, Inc., incorporated on February 1, 1960, is an agribusiness and natural resources management company. The Companys segments include Orange Co., Conservation and Environmental Resources and, Other Operations. Its principal ....See Detailed Company Profile  and Dividend History.

▶ Alliance One International (AOI): Alliance One International, Inc., incorporated on October 19, 1994, is principally engaged in purchasing, processing, storing and selling leaf tobacco. The Company purchases tobacco primarily in the United States, Africa, ....See Detailed Company Profile  and Dividend History.

▶ Altria (MO): Altria Group, Inc., incorporated on August 27, 2009, is a holding company. The Companys segments include smokeable products, smokeless products and wine. The Companys subsidiaries include Philip Morris USA Inc. ....See Detailed Company Profile  and Dividend History.

▶ Aoxin Tianli (ABAC): Aoxin Tianli Group, Inc., incorporated on November 9, 2009, is a holding company. The Company is engaged in hog farming. The Company conducts its hog breeding operations through Wuhan Fengze ....See Detailed Company Profile  and Dividend History.

▶ British American Tobacco (BTI): British American Tobacco p.l.c., incorporated on July 23, 1997, is a tobacco and next generation products company. The Companys tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) ....See Detailed Company Profile  and Dividend History.

▶ Cal-Maine Foods (CALM): Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under....See Detailed Company Profile  and Dividend History.

▶ Calavo Growers (CVGW): Calavo Growers, Inc., incorporated on January 5, 2001, operates in the avocado industry. The Company provides value-added fresh food. The Company distributes its products both domestically and internationally. It operates ....See Detailed Company Profile  and Dividend History.

▶ CHS Inc (CHSCL): CHS Inc., incorporated on July 15, 1936, is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ CHS Inc (CHSCM): CHS Inc., incorporated on July 15, 1936, is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ CHS Inc (CHSCN): CHS Inc., incorporated on July 15, 1936, is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ CHS Inc (CHSCO): CHS Inc., incorporated on July 15, 1936, is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ CHS Inc (CHSCP): CHS Inc., incorporated on July 15, 1936, is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ Fresh Del Monte Produce (FDP): Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and intern....See Detailed Company Profile  and Dividend History.

▶ Limoneira Co (LMNR): Limoneira Company, incorporated on April 12, 1990, is engaged in agribusiness and real estate development. The Companys operations consist of fruit production, sales and marketing, rental operations, real estate development ....See Detailed Company Profile  and Dividend History.

▶ Origin Agritech (SEED): Origin Agritech Limited, incorporated on February 10, 2005, is a holding company. The Company, along with its subsidiaries, is an agricultural biotechnology company. The Companys segments are Agri-biotech and product ....See Detailed Company Profile  and Dividend History.

▶ Philip Morris International (PM): Philip Morris International Inc., incorporated on January 4, 2007, is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing ....See Detailed Company Profile  and Dividend History.

▶ Pingtan Marine Enterprise (PME): Pingtan Marine Enterprise Ltd., incorporated on January 18, 2010, is a marine enterprises company. The Company is primarily engaging in ocean fishing through its operating subsidiary, Fujian Provincial Pingtan County ....See Detailed Company Profile  and Dividend History.

▶ Reynolds American (RAI): Reynolds American Inc. (RAI), incorporated on January 2, 2004, is a holding company. The Companys segments include RJR Tobacco, Santa Fe and American Snuff. The RJR Tobacco segment consists of ....See Detailed Company Profile  and Dividend History.

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