Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Vector Group Ltd before investing.

In this article, we go over a few key elements for understanding Vector Group Ltd’s stock price such as:

• Vector Group Ltd’s current stock price and volume
• Why Vector Group Ltd’s stock price changed recently
• Upgrades and downgrades for VGR from analysts
• VGR’s stock price momentum as measured by its relative strength

About Vector Group Ltd (VGR)

Before we jump into Vector Group Ltd’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Vector Group Ltd. is a holding company for Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC. The Company operates through two segments: Tobacco and Real Estate. Tobacco segment is engaged in the manufacture and sale of discount cigarettes in the United States through its Liggett Group LLC and Vector Tobacco LLC subsidiaries. Liggett Group LLC manufactures and markets approximately 100 different cigarette brand styles. Liggetts Group LLC’s brand portfolio includes Montego, Eagle 20’s, Pyramid and Grand Prix, Liggett Select, Eve, USA and various partner brands and private label brands. Real Estate segment is engaged in the real estate investment business through its subsidiary, New Valley LLC, which acquires and invests in real estate properties or projects. It invests in numerous real estate projects in different asset classes, including planned communities, condominium and mixed-use developments, apartment buildings, hotels and commercial properties.

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Vector Group Ltd’s Stock Price as of Market Close

As of August 21, 2024, 4:00 PM, CST, Vector Group Ltd’s stock price was $15.13.

Vector Group Ltd is up 8.15% from its previous closing price of $13.99.

During the last market session, Vector Group Ltd’s stock traded between $13.68 and $13.99. Currently, there are 153.74 million shares of Vector Group Ltd stock available for purchase.

Vector Group Ltd’s price-earnings (P/E) ratio is currently at 10.9, which is low compared to the Tobacco industry median of 10.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Vector Group Ltd Stock Price History

Vector Group Ltd’s (VGR) price is currently up 18.39% so far this month.

During the month of August, Vector Group Ltd’s stock price has reached a high of $15.53 and a low of $12.81.

Over the last year, Vector Group Ltd has hit prices as high as $14.08 and as low as $9.28. Year to date, Vector Group Ltd’s stock is up 27.57%.

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What Caused Vector Group Ltd Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 20, 2024, there were 0 analysts who downgraded Vector Group Ltd’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Vector Group Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Vector Group Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Vector Group Ltd’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Vector Group Ltd (VGR) by visiting AAII Stock Evaluator.

Relative Price Strength of Vector Group Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 20, 2024, Vector Group Ltd has a weighted four-quarter relative price strength of 5.01%, which translates to a Momentum Score of 83 and is considered to be Very Strong.

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Vector Group Ltd Stock Price: Bottom Line

As of August 21, 2024, Vector Group Ltd’s stock price is $15.13, which is up 8.15% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Vector Group Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.