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

$36.16
+0.23 (+0.64%)
(As of 05/3/2024 ET)
Today's Range
$35.87
$36.50
50-Day Range
$34.85
$41.05
52-Week Range
$28.96
$41.44
Volume
32,651 shs
Average Volume
66,580 shs
Market Capitalization
$29.56 billion
P/E Ratio
7.20
Dividend Yield
0.41%
Price Target
$42.00

Corporación Inmobiliaria Vesta MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.2% Upside
$42.00 Price Target
Short Interest
Healthy
0.07% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.46 out of 5 stars

Finance Sector

2805th out of 5,270 stocks

Real Estate Industry

43rd out of 132 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

The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
7 REITs to Buy Now: Q2 Edition
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
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)
Corporacion Inmobiliaria Vesta SAB de CV ADR
Vesta Announces Proposed Follow-On Offering
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 4/12 Dividend
4/12/2024
Dividend Payable
4/12/2024
Today
5/04/2024
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
+16.2%
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
$0.39 per share
Book Value
$3.12 per share

Miscellaneous

Free Float
N/A
Market Cap
$29.56 billion
Optionable
Not Optionable
Beta
N/A
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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 has shown consistent growth in acquiring, developing, and managing industrial buildings and distribution facilities in Mexico, indicating a strong market presence and potential for further expansion.
  • Recent investments by institutional investors, such as Integrated Wealth Concepts LLC, demonstrate confidence in the company's future prospects and could positively impact its stock performance.
  • The company's focus on the real estate industry in Mexico provides investors with exposure to a specific market segment that may offer unique growth opportunities compared to broader real estate investments.
  • Corporación Inmobiliaria Vesta's strategic location in Mexico City, Mexico, positions it well to benefit from the country's economic development and infrastructure projects, potentially leading to increased property values and rental income.
  • Considering the current stock price and market trends, investing in Corporación Inmobiliaria Vesta could be a strategic move for investors looking to diversify their portfolio with a real estate asset in a growing market.

Cons

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

  • Market volatility and economic uncertainties in Mexico could pose risks to the company's operations and financial performance, impacting investor returns.
  • Dependency on industrial and distribution sectors in Mexico may expose Corporación Inmobiliaria Vesta to sector-specific challenges, such as changes in demand, regulatory issues, or competition.
  • Fluctuations in currency exchange rates, particularly involving the Mexican Peso, could affect the company's revenue and profitability, influencing investor confidence and stock valuation.
  • Global economic conditions and trade policies may impact Mexico's real estate market, potentially affecting Corporación Inmobiliaria Vesta's growth prospects and investment attractiveness.
  • Investors should carefully assess the overall real estate market conditions in Mexico and the company's competitive position before making investment decisions to ensure alignment with their risk tolerance and financial goals.
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 Saturday, April 13, 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 twelve months. 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 analysts have issued 1 year price objectives for Corporación Inmobiliaria Vesta's stock. 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 twelve months. This suggests a possible upside of 16.2% 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 beginning of the year. Since then, VTMX stock has decreased by 8.7% and is now trading at $36.16.
View the best growth stocks for 2024 here
.

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) issued its earnings results on Wednesday, February, 21st. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.92. The firm earned $55.94 million during the quarter. Corporación Inmobiliaria Vesta had a trailing twelve-month return on equity of 18.25% and a net margin of 182.61%.

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

Corporación Inmobiliaria Vesta announced a quarterly dividend on Monday, April 8th. Investors of record on Monday, April 15th will be paid a dividend of $0.1832 per share on Friday, April 12th. This represents a $0.73 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Friday, April 12th. This is a positive change 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 0.42%. 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 2.05% of its portfolio.

What guidance has Corporación Inmobiliaria Vesta issued on next quarter's earnings?

Corporación Inmobiliaria Vesta updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $248.8 million-$251.0 million, compared to the consensus revenue estimate of $259.5 million.

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.

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 5/4/2024 by MarketBeat.com Staff

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