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

NYSE: VTMX · Real-Time Price · USD
23.26
-1.63 (-6.55%)
At close: Apr 4, 2025, 4:00 PM
24.89
+1.63 (7.01%)
After-hours: Apr 4, 2025, 6:15 PM EDT
-6.55%
Market Cap 1.93B
Revenue (ttm) 252.33M
Net Income (ttm) 223.35M
Shares Out 829.78M
EPS (ttm) 0.25
PE Ratio 8.62
Forward PE 13.28
Dividend $0.70 (3.01%)
Ex-Dividend Date Apr 14, 2025
Volume 148,878
Open 24.26
Previous Close 24.89
Day's Range 23.05 - 24.30
52-Week Range 22.10 - 41.44
Beta 0.41
Analysts Sell
Price Target 27.50 (+18.23%)
Earnings Date Apr 23, 2025

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 87
Stock Exchange NYSE
Ticker Symbol VTMX
Full Company Profile

Financial Performance

In 2024, VTMX's revenue was $252.33 million, an increase of 17.65% compared to the previous year's $214.47 million. Earnings were $223.35 million, a decrease of -29.46%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VTMX stock is "Sell." The 12-month stock price forecast is $27.5, which is an increase of 18.23% from the latest price.

Price Target
$27.5
(18.23% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Vesta Announces First Quarter 2025 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 2025 financial results will be released...

1 day ago - Business Wire

Buy The Dip: 2 REITs Getting Way Too Cheap

Earnings season is leading to significant market volatility. The market is quick to overreact to short-term setbacks. Here are two great 'buy-the-dip' opportunities in the REIT sector.

Other symbols: IIPRVNQ
4 weeks ago - Seeking Alpha

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q4 2024 Earnings Call Transcript

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Fernanda Bettinger - Director, IR Lorenzo Berho - CEO Ju...

6 weeks ago - Seeking Alpha

Corporación Inmobiliaria Vesta Reports Fourth 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...

6 weeks ago - Business Wire

Vesta Announces Fourth 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 fourth quarter 2024 financial results will be release...

2 months ago - Business Wire

Vesta: A Growth Story Shadowed By Political Risks

Corporación Inmobiliaria Vesta benefits from near-shoring and e-commerce trends, with a strong portfolio and sound business fundamentals, making it attractively valued for long-term investors. Vesta's...

2 months ago - Seeking Alpha

Vesta Announces Closing of US$545 Million Global Syndicated Sustainable Credit Facility Including US$200 Million Revolving Credit Facility

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta; NYSE: VTMX), a leading industrial real estate company in Mexico, announced today that is has closed ...

3 months ago - Business Wire

The U.S. Election's Impact On REITs

Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare...

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4 months ago - Seeking Alpha

Vesta to Host Investor Day on November 25, 2024

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta; NYSE: VTMX), a leading industrial real estate company in Mexico, announced today a that it will host...

4 months ago - Business Wire

Vesta to Host Investor Day on November 25, 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...

5 months ago - Business Wire

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q3 2024 Earnings Call Transcript

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Fernanda Bettinger - IRO Lorenzo Berho - CEO Juan Sottil ...

5 months ago - Seeking Alpha

Corporación Inmobiliaria Vesta Reports Third 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...

5 months ago - Business Wire

Vesta Announces Third 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 third quarter 2024 financial results will be released...

6 months ago - Business Wire

Corporacion Inmobiliaria Vesta: A Pure Play On The Nearshoring Trend

Despite political uncertainties, the nearshoring trend remains strong, benefiting companies like Corporacion Inmobiliaria Vesta, which focuses on logistics and warehouses. Nearshoring offers significa...

7 months ago - Seeking Alpha

If I Could Only Hold 5 REITs Over The Next Decade

I often hold my REITs for just 1-2 years. But there are some exceptions that we expect to hold for the long run. Here 5 REITs that I will hold for the next decade.

Other symbols: FRRICKWPC
7 months ago - Seeking Alpha

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q2 2024 Earnings Call Transcript

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Mariana Dominguez - IRO Lorenzo Berho - CEO Juan Sottil - CF...

9 months ago - Seeking Alpha

Corporación Inmobiliaria Vesta Reports Second 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...

9 months ago - Business Wire

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...

9 months 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...

11 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, ...

11 months ago - Business Wire

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q1 2024 Earnings Call Transcript

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Fernanda Bettinger - IR Officer Lorenzo Dominique Berho - C...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year 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...

1 year ago - Business Wire

7 Stocks I'm Buying The Last Week Of March

I acknowledge the difficulty of predicting the future of the economy but maintain the belief that it will return to a state of slow growth, disinflation, and low interest rates. I also argue that inte...

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1 year ago - Seeking Alpha