Corporación Inmobiliaria Vesta Stock Price, News & Analysis (NYSE:VTMX)

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corporación Inmobiliaria Vesta in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VTMX shares.
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2 brokers have issued 12 month target prices for Corporación Inmobiliaria Vesta's shares. Their VTMX share price targets range from $36.00 to $42.00. On average, they predict the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
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Corporación Inmobiliaria Vesta's stock was trading at $32.22 at the beginning of the year. Since then, VTMX stock has increased by 15.5% and is now trading at $37.21.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our VTMX earnings forecast.

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.51. The company earned $56.40 million during the quarter. Corporación Inmobiliaria Vesta had a trailing twelve-month return on equity of 16.95% and a net margin of 148.56%.

Corporación Inmobiliaria Vesta announced a -- dividend on Wednesday, October 11th. Shareholders of record on Friday, January 1st will be given a dividend of $0.1803 per share on Thursday, October 12th. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, October 12th. This is an increase from the stock's previous -- dividend of $0.17.
Read our dividend analysis for VTMX.

Corporación Inmobiliaria Vesta (NYSE:VTMX) pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 3.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VTMX will have a dividend payout ratio of 7.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VTMX.

(VTMX) raised $388 million in an initial public offering on Friday, June 30th 2023. The company issued 12,500,000 shares at a price of $31.00 per share.

Corporación Inmobiliaria Vesta's lock-up period expires on Wednesday, December 27th. Corporación Inmobiliaria Vesta had issued 12,500,000 shares in its IPO on June 30th. The total size of the offering was $387,500,000 based on an initial share price of $31.00. After the expiration of Corporación Inmobiliaria Vesta's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Corporación Inmobiliaria Vesta's stock is owned by many different institutional and retail investors. Top institutional shareholders include Lord Abbett & CO. LLC (0.02%) and Integrated Wealth Concepts LLC (0.00%).

Shares of VTMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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