Core Viewpoint - Monteverde & Associates PC is investigating Vector Group Ltd. regarding a proposed tender offer from JTI Holding, Inc., which aims to acquire outstanding shares of Vector Group common stock for $15.00 per share in cash [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report and has a successful track record in recovering money for shareholders [1]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [2]. Group 2: Tender Offer Details - JTI Holding, Inc. has proposed a tender offer to acquire Vector Group Ltd. shares at a price of $15.00 per share [1].

Core Viewpoint - Vector Group (VGR) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions for Vector reflects growing analyst optimism regarding its earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, Vector is projected to earn $0.33 per share, with a 6.45% increase in the Zacks Consensus Estimate over the last 30 days, indicating no negative revisions [4]. - For the full year, the expected earnings are $1.22 per share, representing a slight decrease of 0.81% from the prior year, but the consensus estimate has increased by 5.17% due to positive revisions [5]. Zacks Rank - Vector has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock performance [3][6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [6]. Stock Performance - Vector shares have increased by 24.7% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [7].

Vector Group (VGR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors o ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Key Takeaways Cigarette holding company Vector Group agreed to be acquired by Japan's JT Group in a $2.4 billion deal. The price to be paid in cash represents a 7% premium to Vector's closing stock price Tuesday. JT Group has international rights to the Camel and Winston cigarette brands. Shares of cigarette holding company Vector Group (VGR) surged in intraday trading Wednesday after it agreed to be acquired by Tokyo-based JT Group, which has international rights to the Camel and Winston brands. JT Group w ...

MILWAUKEE, Aug. 21, 2024 /PRNewswire/ -- Ademi LLP is investigating Vector Group (NYSE: VGR) for possible breaches of fiduciary duty and other violations of law in its transaction with JT Group. Click here to learn how to join our investigation https://www.ademilaw.com/case/vector-group-ltd or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Vector Group stockholders will receive only $15.00 per share in cash, representing a total enterprise value of $924 million, or approxi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 VECTOR GROUP LTD. (Exact name of registrant as specified in its charter) Delaware 1-5759 65-0949535 (State or other jurisdiction of incorporation Commission File Number (I.R.S. Employer Identification No. ...

Vector Group Ltd. (NYSE:VGR) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Howard Lorber - President and CEO Nicholas Anson - President and COO, Liggett Group and Liggett Vector Brands Bryant Kirkland - SVP, Treasurer, and CFO Conference Call Participants Ian Zaffino - Oppenheimer & Co. Hale Holden - Barclays Karru Martinson - Jefferies Operator Welcome to Vector Group Ltd.'s Second Quarter 2024 Earnings Conference Call. This call is being recorded and simultaneously webcas ...

Contact: FGS Global 212-687-8080 (U.S.) VectorGroupIR@fgsglobal.com J. Bryant Kirkland III, Vector Group Ltd. 305-579-8000 FOR IMMEDIATE RELEASE VECTOR GROUP REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Montego maintains position as largest discount brand in the U.S. Second Quarter 2024 Highlights: • Consolidated revenues of $371.9 million, up 1.7% or $6.3 million compared to the prior year period. • Tobacco segment wholesale market share increased to 5.7% from 5.4% in the prior year period and retail mark ...

Vector Group (VGR) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this discount cigarette maker would post earnings of $0.25 per share when it actually produced earnings of $0.24, delivering a surprise of -4%. Over the last four quarters, ...