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

NYSE: VTMX · Real-Time Price · USD
24.30
-0.14 (-0.57%)
Nov 22, 2024, 4:00 PM EST - Market closed
-0.57%
Market Cap 2.08B
Revenue (ttm) 243.24M
Net Income (ttm) 348.00M
Shares Out 853.65M
EPS (ttm) 0.39
PE Ratio 5.96
Forward PE 12.17
Dividend $0.72 (2.97%)
Ex-Dividend Date Oct 11, 2024
Volume 119,318
Open 24.40
Previous Close 24.44
Day's Range 23.77 - 24.48
52-Week Range 23.77 - 41.44
Beta 0.48
Analysts Buy
Price Target 35.00 (+44.03%)
Earnings Date Oct 24, 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 87
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 2 analysts, the average rating for VTMX stock is "Buy." The 12-month stock price forecast is $35.0, which is an increase of 44.03% from the latest price.

Price Target
$35.0
(44.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

18 days 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 ...

4 weeks 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...

4 weeks 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...

7 weeks 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...

2 months ago - Seeking Alpha

If I Could Only Hold 5 REITs Over The Next Decade

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2 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...

4 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...

4 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...

5 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...

6 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, ...

6 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...

7 months 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...

7 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...

7 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...

8 months 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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8 months ago - Seeking Alpha

If I Could Only Own 4 REITs, It Would Be These

Not all REITs are created equal. Some are far more attractive than others. I highlight 4 exceptional REITs to buy today.

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9 months ago - Seeking Alpha

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...

9 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...

10 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...

10 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 ...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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