Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX)

NYSE: VTMX · IEX Real-Time Price · USD
30.61
-0.10 (-0.33%)
At close: Jul 19, 2024, 4:00 PM
30.70
+0.09 (0.29%)
After-hours: Jul 20, 2024, 12:58 PM EDT
-0.33%
Market Cap 2.70B
Revenue (ttm) 224.86M
Net Income (ttm) 410.66M
Shares Out 88.25M
EPS (ttm) 5.14
PE Ratio 6.36
Forward PE n/a
Dividend $0.71 (2.32%)
Ex-Dividend Date Jul 15, 2024
Volume 176,735
Open 30.84
Previous Close 30.71
Day's Range 30.18 - 30.86
52-Week Range 28.96 - 41.44
Beta 0.48
Analysts Strong Buy
Price Target 42.00 (+37.21%)
Earnings Date Jul 25, 2024

About VTMX

Corporación Inmobiliaria Vesta, S.A.B. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico. [Read more]

Sector Real Estate
IPO Date Jun 30, 2023
Employees 95
Stock Exchange NYSE
Ticker Symbol VTMX
Full Company Profile

Financial Performance

In 2023, VTMX's revenue was $214.47 million, an increase of 20.47% compared to the previous year's $178.03 million. Earnings were $316.64 million, an increase of 29.97%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for VTMX stock is "Strong Buy" and the 12-month stock price forecast is $42.0.

Price Target
$42.0
(37.21% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Vesta Announces Second Quarter 2024 Earnings Conference Call and Webcast

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's second quarter 2024 financial results will be release...

20 days ago - Business Wire

Vesta to Host Investor Day on November 6, 2024, in New York

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, will host its hyb...

2 months ago - Business Wire

Related Group and W5 Group Open New Residential Concept in Wynwood, Miami's First Ground-Up Co-Living Community; Curated, Fully Furnished Suites Starting in the $1,500s

MIAMI--(BUSINESS WIRE)--Related Group, one of the country's premier developers of sophisticated metropolitan living, and W5 Group, a leader in innovative residential investments in Europe and the US, ...

2 months ago - Business Wire

Corporación Inmobiliaria Vesta Reports First Quarter 2024 Earnings Results

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced r...

3 months ago - Business Wire

Vesta Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2023

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta” the “Company”) (NYSE: VTMX), hereby announces that on April 19, 2024, Vesta filed its annual report on Form 20-F f...

3 months ago - Business Wire

Vesta Announces First Quarter 2024 Earnings Conference Call and Webcast

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's first quarter 2024 financial results will be released...

3 months ago - Business Wire

Corporación Inmobiliaria Vesta Reports Fourth Quarter 2023 Earnings Results

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced r...

5 months ago - Business Wire

Vesta Announces Changes for its Fourth Quarter 2023 Earnings Conference Call and Webcast

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today an update regarding the timing of its fourth quarter 2023 financial resu...

5 months ago - Business Wire

Vesta Announces Fourth Quarter 2023 Earnings Conference Call and Webcast

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's fourth quarter 2023 financial results will be release...

6 months ago - Business Wire

Vesta Announces Pricing of Follow-On Offering of US$ 148.8 Million (Gross Proceeds) of ADSs

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (NYSE: VTMX), a fully-integrated, internally managed real estate company that owns, manages, develops and leases ...

8 months ago - Business Wire

Vesta Announces Proposed Follow-On Offering

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (NYSE: VTMX), a fully-integrated, internally managed real estate company that owns, manages, develops and leases ...

8 months ago - Business Wire

Corporación Inmobiliaria Vesta Reports Third Quarter 2023 Earnings Results

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced r...

9 months ago - Business Wire

Vesta Announces Third Quarter 2023 Earnings Conference Call and Webcast

MEXICO CITY , Oct. 3, 2023 /PRNewswire/ -- Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's third quarter 2023 financial results wil...

10 months ago - PRNewsWire

Corporación Inmobiliaria Vesta Second Quarter 2023 Earnings Conference Call Update

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA) (NYSE: VTMX), a leading industrial real estate company in Mexico, today announced ...

1 year ago - Business Wire

Corporación Inmobiliaria Vesta Reports Second Quarter 2023 Earnings Results

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA) (NYSE: VTMX), a leading industrial real estate company in Mexico, today announced ...

1 year ago - Business Wire

Vesta Announces Second Quarter 2023 Earnings Conference Call and Webcast

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX; BMV: VESTA) ("Vesta") is pleased to invite you to its conference call to discuss the second quarter 2023 resul...

1 year ago - Business Wire

IPO market readies for six-deal week, with four expected to raise more than $100 million

There were signs of life in the initial public offering on Monday with a lineup of six deals on tap this week, four of which are expected to raise more than $100 million.

Other symbols: CAVAFIHLGENKIPOKGSSVV
1 year ago - Market Watch