Vector Group Ltd. is an American diversified holding company with two major businesses: Liggett Group LLC (tobacco) and New Valley LLC (real estate), including Douglas Elliman. Vector Group was previously called Brooke Group.
Company profile
Ticker
VGR
Exchange
Website
CEO
Howard Lorber
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Philip Morris International • Altria • RLX Technology • TILT • Hempacco • 22nd Century • BOTS • Reynolds American • A1 • RJ Reynolds Tobacco ...
Former names
BROOKE GROUP LTD
SEC CIK
Corporate docs
Subsidiaries
VGR Holding LLC • Liggett Group LLC • Vector Tobacco LLC • New Valley LLC ...
IRS number
650949535
VGR stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
21 Feb 23
8-K
Vector Group Reports Fourth Quarter and Full Year 2022 Financial Results
16 Feb 23
8-K
Departure of Directors or Certain Officers
16 Dec 22
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Vector Group Reports Third Quarter 2022 Financial Results
2 Nov 22
S-3ASR
Automatic shelf registration
9 Sep 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
8-K
Vector Group Reports Second Quarter 2022 Financial Results
5 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
30 Jun 22
8-K
Investor Presentation June 2022
27 Jun 22
Transcripts
VGR
Earnings call transcript
2022 Q4
16 Feb 23
VGR
Earnings call transcript
2022 Q3
2 Nov 22
VGR
Earnings call transcript
2022 Q2
5 Aug 22
VGR
Earnings call transcript
2022 Q1
10 May 22
VGR
Earnings call transcript
2021 Q4
2 Mar 22
VGR
Earnings call transcript
2021 Q3
9 Nov 21
VGR
Earnings call transcript
2021 Q2
5 Aug 21
VGR
Earnings call transcript
2021 Q1
9 May 21
VGR
Earnings call transcript
2020 Q4
25 Feb 21
VGR
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 250.37 mm | 250.37 mm | 250.37 mm | 250.37 mm | 250.37 mm | 250.37 mm |
| Cash burn (monthly) | 53.39 mm | (no burn) | (no burn) | (no burn) | 49.23 mm | (no burn) |
| Cash used (since last report) | 151.77 mm | n/a | n/a | n/a | 139.96 mm | n/a |
| Cash remaining | 98.60 mm | n/a | n/a | n/a | 110.41 mm | n/a |
| Runway (months of cash) | 1.8 | n/a | n/a | n/a | 2.2 | n/a |
Institutional ownership, Q4 2022
71.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 253 |
| Opened positions | 40 |
| Closed positions | 31 |
| Increased positions | 95 |
| Reduced positions | 72 |
| 13F shares | Current |
|---|---|
| Total value | 1.15 tn |
| Total shares | 112.35 mm |
| Total puts | 51.10 k |
| Total calls | 142.40 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 21.41 mm | $253.86 bn |
| Vanguard | 17.05 mm | $202.18 bn |
| Phillip MD Frost Et Al | 14.75 mm | $204.98 mm |
| Capital Research Global Investors | 8.30 mm | $98.45 bn |
| Renaissance Technologies | 7.04 mm | $83.67 bn |
| STT State Street | 4.68 mm | $55.50 bn |
| Dimensional Fund Advisors | 3.01 mm | $35.77 bn |
| Geode Capital Management | 2.77 mm | $32.96 bn |
| BK Bank Of New York Mellon | 2.35 mm | $27.84 bn |
| Charles Schwab Investment Management | 2.04 mm | $24.25 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Mar 23 | Lebow Bennett S | Common Stock | Sell | Dispose S | No | No | 12.0916 | 117,474 | 1.42 mm | 347,304 |
| 24 Feb 23 | Bell Marc N | Common stock | Payment of exercise | Dispose F | No | No | 13.47 | 17,707 | 238.51 k | 323,583 |
| 24 Feb 23 | Lorber Howard M | Common Stock | Payment of exercise | Dispose F | No | No | 13.47 | 113,038 | 1.52 mm | 2,466,491 |
| 24 Feb 23 | Lorber Howard M | Common Stock | Grant | Acquire A | No | No | 0 | 137,500 | 0.00 | 2,579,529 |
| 24 Feb 23 | Nicholas P Anson | Common Stock | Payment of exercise | Dispose F | No | No | 13.47 | 3,315 | 44.65 k | 35,435 |
| 24 Feb 23 | Kirkland J Bryant Iii | Common Stock | Payment of exercise | Dispose F | No | No | 13.47 | 17,707 | 238.51 k | 444,558 |