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

Market Cap	2.37B
Revenue (ttm)	236.66M
Net Income (ttm)	399.77M
Shares Out	863.91M
EPS (ttm)	0.46
PE Ratio	5.93
Forward PE	16.76
Dividend	$0.71 (2.59%)
Ex-Dividend Date	Jul 15, 2024

Volume	86,851
Open	28.41
Previous Close	27.59
Day's Range	27.35 - 28.54
52-Week Range	25.30 - 41.44
Beta	0.50
Analysts	Strong Buy
Price Target	40.00 (+44.82%)
Earnings Date	Oct 17, 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.

• Industry: Real Estate - Development
• Sector: Real Estate
• IPO Date: Jun 30, 2023
• Employees: 87
• Stock Exchange: NYSE
• Ticker Symbol: VTMX
• Website: https://www.vesta.com.mx

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%.

Analyst Forecast

According to 2 analysts, the average rating for VTMX stock is "Strong Buy." The 12-month stock price forecast is $40.0, which is an increase of 44.82% from the latest price.

Price Target

$40.0

(44.82% upside)

Analyst Consensus: Strong Buy