Vector Group Ltd.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Howard M. Lorber
- Full Time Employees
- 551
- Sector
- Consumer Defensive
- Industry
- Tobacco
- Address
- 4400 Biscayne Boulevard Miami FL United States of America 33137
- IPO Date
- Oct 8, 1987
- CIK
- 0000059440
- Website
- vectorgroupltd.com
- Similar Companies
- Business
- Vector Group Ltd. is a holding company primarily engaged in the manufacture and sale of discount cigarette products and tobacco-related items in the United States. Its core product portfolio includes discount cigarette brands such as Grand Prix, Liggett Select, and Eve, alongside the production and sale of vapor products under the Zoom E-Cigs brand. The company operates through its subsidiaries, including Liggett Group LLC, Vector Tobacco Inc., and Zoom E-Cigs LLC, providing a mix of traditional tobacco products and newer vaping alternatives. Additionally, Vector Group has a controlling interest in Douglas Elliman Realty LLC through its ownership of New Valley LLC, diversifying its business into the real estate sector. Founded in 1851 and headquartered in Miami, Florida, Vector Group serves the U.S. market and operates within the tobacco manufacturing and real estate industries. The company experienced a major strategic change in 2024 when it agreed to be acquired by JT Group, a subsidiary of Japan Tobacco Inc., in a transaction valued at approximately $2.4 billion. Following a tender offer that saw the majority of Vector Group's outstanding shares tendered, the acquisition was completed on October 7, 2024, making Vector Group a wholly owned subsidiary of JT Group. Subsequently, Vector Group was delisted from the New York Stock Exchange. This acquisition significantly expanded JT Group's presence in the U.S. tobacco market, boosting its cigarette market share and enhancing its distribution network. The transaction aligns with JT Group’s broader strategy to grow its combustible tobacco business while supporting investments in reduced-risk products such as heated tobacco sticks. Vector Group operates primarily in the tobacco industry with a strong focus on discount and combustible cigarettes, as well as electronic vapor products. The company targets value-conscious consumers in the United States. Its diversified business segments include tobacco manufacturing and real estate investment, with operations geographically centered in the U.S. but now under the ownership of a major global tobacco entity headquartered in Tokyo, Japan. Overall, Vector Group Ltd. offers a comprehensive suite of tobacco products, including discount cigarettes and e-cigarettes, supported by a strategic alliance with JT Group following the 2024 acquisition, which positions it for expanded growth and market penetration in the American tobacco landscape. The company’s headquarters remain in Miami, Florida, continuing its longstanding operational history since its establishment in 1851.
Company News
Unity price target lifted as Vector attracts bigger advertising budgets
Co-Diagnostics Announces First Full Vector Smart® Laboratory Installation for Native American Tribe
Co-Diagnostics Highlights Vector Smart® Momentum Following New Federal Initiative on Vector-Borne Disease
Vector Limited (VETTF) Shareholder/Analyst Call Transcript
Elastic Introduces Serverless Vector Database: Ship in Minutes, Scale Affordably to Hundreds of Billions of Vectors
Co-Diagnostics Completes New Vector Smart® Laboratory Installations Amid Rising Dengue Activity in Florida
Co-Diagnostics Expands Vector Smart® Customer Reach with First International Installation in USAF Base
Vector Limited (VETTF) Q4 2026 Earnings Call Transcript
Unity Software: Vector's Inflection Is Becoming Harder To Ignore
Unity shares gain as analysts raise price targets on Vector momentum
Unity Gains on Vector Momentum: How to Play the Stock in 2H26?
Rapid7 Q1 2026 Threat Landscape Report Finds Vulnerability Exploitation Overtakes Social Engineering as the Top Initial Access Vector
Corero Network Security Finds Most DDoS Attacks Now Evade Traditional Defenses as AI Drives Faster, Multi-Vector Threats
Stock Market Today, March 27: Unity Software Surges on Vector AI Guidance
Vector Institute Extends Collaboration With Roche
NamiBox Expands into AI Educational Companion Devices with NAMI COMPANION Series, Introducing a New Growth Vector in Smart Learning Hardware
Wrap Introduces Drone-First Non-Lethal Response and Counter-UAS Strategy Through Partnership with Vector
KIOXIA Achieves 4.8 Billion High-Dimensional Vector Search Database on a Single Server, with 7.8x Index Build Time Acceleration via GPUs
KIOXIA Achieves 4.8 Billion High-Dimensional Vector Search Database on a Single Server, with 7.8x Index Build Time Acceleration via GPUs
Vector Limited (VETTF) Q2 2026 Earnings Call Transcript