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NYSE:VTMX

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

$30.82
-1.88 (-5.75%)
(As of 06/7/2024 ET)
Today's Range
$30.63
$32.64
50-Day Range
$31.44
$41.05
52-Week Range
$28.96
$41.44
Volume
289,413 shs
Average Volume
112,581 shs
Market Capitalization
$26.63 billion
P/E Ratio
6.14
Dividend Yield
0.49%
Price Target
$42.00

Corporación Inmobiliaria Vesta MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.3% Upside
$42.00 Price Target
Short Interest
Healthy
0.04% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Corporación Inmobiliaria Vesta in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-20.00%
From $3.00 to $2.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.05 out of 5 stars

Finance Sector

464th out of 833 stocks

Real Estate Industry

8th out of 24 stocks

VTMX stock logo

About Corporación Inmobiliaria Vesta Stock (NYSE: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.

VTMX Stock Price History

VTMX Stock News Headlines

Corporación Inmobiliaria Vesta (NYSE:VTMX) Trading 3.2% Higher
Corporación Inmobiliaria Vesta (NYSE:VTMX) Shares Down 3.2%
7 REITs to Buy Now: Q2 Edition
If I Could Only Own 4 REITs, It Would Be These
Vesta Real Estate Corporation SAB de CV ADR (VTMX)
VTMX Corporación Inmobiliaria Vesta, S.A.B. de C.V.
Corp. Inmobiliaria Vesta S.A.B. de C.V.
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VESTA.MX)
See More Headlines

Company Calendar

Ex-Dividend for 4/12 Dividend
4/12/2024
Dividend Payable
4/12/2024
Last Earnings
4/25/2024
Today
6/07/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
N/A
Fax
N/A
Employees
96
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.00
High Stock Price Target
$42.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+31.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$316.64 million
Pretax Margin
217.52%

Debt

Sales & Book Value

Annual Sales
$214.47 million
Cash Flow
$0.37 per share
Book Value
$3.04 per share

Miscellaneous

Free Float
N/A
Market Cap
$27.51 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Lorenzo Manuel Berho Corona (Age 63)
    Executive Chairman
  • Mr. Lorenzo Dominique Berho Carranza (Age 41)
    Chief Executive Officer
  • Mr. Juan Felipe Sottil Achutegui (Age 63)
    Chief Financial Officer
  • Mr. Guillermo Díaz Cupido (Age 70)
    Chief Investment Officer
  • Ms. Maria Fernanda Bettinger Davo (Age 31)
    Director of Investor Relations
  • Mr. Alejandro Pucheu Romero (Age 49)
    General Counsel & Secretary
  • Mr. Rodolfo Gerardo Balmaceda García
    Sales Manager
  • Mr. Alfredo Marcos Paredes Calderon (Age 50)
    Chief Human Resources & Integrity Officer
  • Mr. Diego Berho Carranza (Age 36)
    Chief Portfolio Officer
  • Mr. Francisco Eduardo Estrada Gomez Pezuela (Age 59)
    Executive Regional Vice President – Bajío & Central Region

Should I Buy Corporación Inmobiliaria Vesta Stock? VTMX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Corporación Inmobiliaria Vesta, S.A.B. de C.V.:

  • Corporación Inmobiliaria Vesta, S.A.B. de C.V. has shown consistent growth in its real estate portfolio, indicating a strong potential for capital appreciation.
  • The company has a solid track record of dividend payments, providing investors with a steady income stream.
  • Recent market trends suggest an increasing demand for commercial real estate properties, which could positively impact Vesta's profitability.
  • Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s stock price has been on an upward trajectory, reflecting positive investor sentiment and potential for further gains.
  • The company's strategic partnerships and acquisitions have expanded its market presence, enhancing growth prospects and diversification.

Cons

Investors should be bearish about investing in Corporación Inmobiliaria Vesta, S.A.B. de C.V. for these reasons:

  • The real estate sector is subject to economic cycles and market fluctuations, which could impact Vesta's financial performance and stock valuation.
  • Changes in interest rates can influence borrowing costs for real estate development, potentially affecting Vesta's profitability.
  • Regulatory changes or government policies related to the real estate industry may introduce uncertainties and risks for Corporación Inmobiliaria Vesta, S.A.B. de C.V.
  • Competitive pressures within the real estate market could challenge Vesta's market position and profitability in the long term.
  • Global economic conditions and geopolitical events may impact the demand for real estate properties, posing risks to Vesta's revenue and growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 6, 2024. Please send any questions or comments about these Corporación Inmobiliaria Vesta pros and cons to contact@marketbeat.com.

VTMX Stock Analysis - Frequently Asked Questions

Should I buy or sell Corporación Inmobiliaria Vesta stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corporación Inmobiliaria Vesta in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VTMX shares.
View VTMX analyst ratings
or view top-rated stocks.

What is Corporación Inmobiliaria Vesta's stock price target for 2024?

2 Wall Street research analysts have issued 12-month price targets for Corporación Inmobiliaria Vesta's shares. Their VTMX share price targets range from $42.00 to $42.00. On average, they predict the company's share price to reach $42.00 in the next year. This suggests a possible upside of 36.3% from the stock's current price.
View analysts price targets for VTMX
or view top-rated stocks among Wall Street analysts.

How have VTMX shares performed in 2024?

Corporación Inmobiliaria Vesta's stock was trading at $39.62 at the start of the year. Since then, VTMX shares have decreased by 22.2% and is now trading at $30.82.
View the best growth stocks for 2024 here
.

Are investors shorting Corporación Inmobiliaria Vesta?

Corporación Inmobiliaria Vesta saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 380,000 shares, a decrease of 28.5% from the April 30th total of 531,400 shares. Based on an average daily trading volume, of 87,900 shares, the short-interest ratio is presently 4.3 days.
View Corporación Inmobiliaria Vesta's Short Interest
.

When is Corporación Inmobiliaria Vesta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our VTMX earnings forecast
.

How were Corporación Inmobiliaria Vesta's earnings last quarter?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) posted its quarterly earnings results on Thursday, April, 25th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.91. The business earned $60.59 million during the quarter. Corporación Inmobiliaria Vesta had a net margin of 182.61% and a trailing twelve-month return on equity of 18.25%.

How often does Corporación Inmobiliaria Vesta pay dividends? What is the dividend yield for Corporación Inmobiliaria Vesta?

Corporación Inmobiliaria Vesta declared a quarterly dividend on Monday, April 8th. Investors of record on Monday, April 15th will be given a dividend of $0.1832 per share on Friday, April 12th. This represents a $0.73 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Friday, April 12th. This is an increase from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for VTMX
.

Is Corporación Inmobiliaria Vesta a good dividend stock?

Corporación Inmobiliaria Vesta (NYSE:VTMX) pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.45%. The dividend payout ratio is 2.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VTMX will have a dividend payout ratio of 6.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VTMX.

What ETF holds Corporación Inmobiliaria Vesta's stock?

Janus Henderson U.S. Real Estate ETF holds 1,804 shares of VTMX stock, representing 1.98% of its portfolio.

When did Corporación Inmobiliaria Vesta IPO?

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

Who are Corporación Inmobiliaria Vesta's major shareholders?

Corporación Inmobiliaria Vesta's stock is owned by many different institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (0.04%), Centersquare Investment Management LLC (0.03%) and Lord Abbett & CO. LLC (0.02%).

How do I buy shares of Corporación Inmobiliaria Vesta?

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

This page (NYSE:VTMX) was last updated on 6/7/2024 by MarketBeat.com Staff

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