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 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. View VTMX analyst ratings or view top-rated stocks .

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

2 brokerages have issued twelve-month price targets for Corporación Inmobiliaria Vesta's stock. 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 year. This suggests that the stock has a possible downside of 1.6%. View analysts price targets for VTMX or view top-rated stocks among Wall Street analysts .

How have VTMX shares performed in 2023?

Corporación Inmobiliaria Vesta's stock was trading at $32.22 at the start of the year. Since then, VTMX stock has increased by 23.0% and is now trading at $39.62. View the best growth stocks for 2023 here .

When is Corporación Inmobiliaria Vesta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 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 data on Thursday, October, 19th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.51. The firm had revenue of $56.40 million for the quarter. Corporación Inmobiliaria Vesta had a net margin of 148.56% and a trailing twelve-month return on equity of 16.95%.

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

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 yield of 0.9%. The ex-dividend date is Thursday, October 12th. This is a boost from the stock's previous -- dividend of $0.17. 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 0.38%. 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 7.50% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VTMX .

When did Corporación Inmobiliaria Vesta IPO?

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

When did Corporación Inmobiliaria Vesta's lock-up period expire?

Corporación Inmobiliaria Vesta's lock-up period expired on Wednesday, December 27th. Corporación Inmobiliaria Vesta had issued 12,500,000 shares in its public offering on June 30th. The total size of the offering was $387,500,000 based on an initial share price of $31.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

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 .

NYSE:VTMX

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

$39.62

+0.02 (+0.05%)

(As of 12/29/2023 ET)

Compare

Today's Range: $39.50
▼
$39.93
50-Day Range: $30.26
▼
$40.01
52-Week Range: $28.96
▼
$40.42

Volume: 116,436 shs
Average Volume: 185,366 shs
Market Capitalization: $32.39 billion

P/E Ratio: 9.07
Dividend Yield: 0.38%
Price Target: $39.00

Corporación Inmobiliaria Vesta MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 1.6% Downside
$39.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -42.86%
From $3.50 to $2.00 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.06 out of 5 stars

Finance Sector

861st out of 867 stocks

Real Estate Industry

24th out of 24 stocks

1.3

Analyst's Opinion

Consensus Rating
Corporación Inmobiliaria Vesta has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.00, Corporación Inmobiliaria Vesta has a forecasted downside of 1.6% from its current price of $39.62.
Amount of Analyst Coverage
Corporación Inmobiliaria Vesta has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for VTMX.

1.7

Dividend Strength

Dividend Yield
Corporación Inmobiliaria Vesta has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Corporación Inmobiliaria Vesta does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Corporación Inmobiliaria Vesta is 3.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Corporación Inmobiliaria Vesta will have a dividend payout ratio of 7.50% next year. This indicates that Corporación Inmobiliaria Vesta will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VTMX.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Corporación Inmobiliaria Vesta this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Corporación Inmobiliaria Vesta to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Corporación Inmobiliaria Vesta insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.10% of the stock of Corporación Inmobiliaria Vesta is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Corporación Inmobiliaria Vesta are expected to decrease by -42.86% in the coming year, from $3.50 to $2.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Corporación Inmobiliaria Vesta is 9.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Corporación Inmobiliaria Vesta is 9.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.40.

See Top Rated MarketRank™ Stocks Here

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 centers in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.

VTMX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VTMX Stock News Headlines

December 28, 2023 | americanbankingnews.com

Head-To-Head Survey: Tejon Ranch (NYSE:TRC) vs. Corporación Inmobiliaria Vesta (NYSE:VTMX)

December 11, 2023 | finance.yahoo.com

Corporación Inmobiliaria Vesta Reports Third Quarter 2023 Earnings Results

December 31, 2023 | MarketBeat Internal (Ad)

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December 11, 2023 | finance.yahoo.com

Vesta Announces Proposed Follow-On Offering

December 11, 2023 | finance.yahoo.com

Vesta Announces Pricing of Follow-On Offering of US$ 148.8 Million (Gross Proceeds) of ADSs

June 27, 2023 | seekingalpha.com

IPO Update: Vesta Real Estate Targets $401 Million U.S. IPO

June 12, 2023 | seekingalpha.com

Vesta Real Estate Begins U.S. IPO Rollout

See More Headlines

Receive VTMX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Corporación Inmobiliaria Vesta and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/12 Dividend: 10/12/2023
Dividend Payable: 10/12/2023
Last Earnings: 10/19/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:VTMX
CUSIP: N/A
CIK: 1969373
Web: www.vesta.com.mx
Phone: 52-55-5950-0070
Fax: N/A
Employees: 94
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.00
High Stock Price Target: $42.00
Low Stock Price Target: $36.00
Potential Upside/Downside: -1.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.37
Trailing P/E Ratio: 9.07
Forward P/E Ratio: 11.32
P/E Growth: N/A
Net Income: $243.63 million
Net Margins: 148.56%
Pretax Margin: 173.15%
Return on Equity: 16.95%
Return on Assets: 9.74%

Debt

Debt-to-Equity Ratio: 0.42
Current Ratio: 4.34
Quick Ratio: 4.34

Sales & Book Value

Annual Sales: $178.03 million
Price / Sales: 181.94
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 817,520,000
Free Float: N/A
Market Cap: $32.39 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Lorenzo Manuel Berho Corona (Age 62)
Executive Chairman
Mr. Lorenzo Dominique Berho Carranza (Age 40)
Chief Executive Officer
Mr. Juan Felipe Sottil Achutegui (Age 63)
Chief Financial Officer
Mr. Guillermo Díaz Cupido (Age 69)
Chief Investment Officer
Ms. Maria Fernanda Bettinger Davo (Age 30)
Director of Investor Relations
Mr. Alejandro Pucheu Romero (Age 48)
General Counsel & Secretary
Mr. Rodolfo Gerardo Balmaceda García
Sales Manager
Mr. Alfredo Marcos Paredes Calderon (Age 49)
Chief Human Resources & Integrity Officer
Mr. Diego Berho Carranza (Age 35)
Chief Portfolio Officer
Mr. Francisco Eduardo Estrada Gomez Pezuela (Age 58)
Executive Regional Vice President Bajío & Central Region

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Corporación Inmobiliaria Vesta was last updated on Friday, December 22, 2023 at 8:31 AM.

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 recently reported strong quarterly earnings, with an EPS of $0.91, surpassing the consensus estimate of $0.40 by $0.51.
The company has a return on equity of 16.95%, indicating efficient use of shareholders' investments.
Institutional investors and hedge funds currently own 7.10% of the stock, suggesting confidence in the company's future prospects.
Corporación Inmobiliaria Vesta has increased its dividend payout, with the latest dividend being $0.1803, representing a dividend yield of 0.9%.
The stock price of Corporación Inmobiliaria Vesta has shown positive growth, recently trading at $36.83, with a 52-week high of $38.70.

Cons

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

The company operates in the real estate industry, which can be susceptible to economic downturns and fluctuations in property values.
Corporación Inmobiliaria Vesta's stock has a relatively high PE ratio of 8.43, which may indicate an overvaluation compared to industry peers.
There is a debt-to-equity ratio of 0.42, suggesting that the company has a moderate level of debt that could impact its financial stability.
The quick ratio and current ratio of 4.34 indicate that the company may have limited liquidity to meet short-term obligations.
While the company has shown positive growth, investors should consider the potential risks associated with investing in the Mexican real estate market.

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 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.
View VTMX analyst ratings or view top-rated stocks.
What is Corporación Inmobiliaria Vesta's stock price target for 2024?: 2 brokerages have issued twelve-month price targets for Corporación Inmobiliaria Vesta's stock. 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 year. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for VTMX or view top-rated stocks among Wall Street analysts.
How have VTMX shares performed in 2023?: Corporación Inmobiliaria Vesta's stock was trading at $32.22 at the start of the year. Since then, VTMX stock has increased by 23.0% and is now trading at $39.62.
View the best growth stocks for 2023 here.
When is Corporación Inmobiliaria Vesta's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 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 data on Thursday, October, 19th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.51. The firm had revenue of $56.40 million for the quarter. Corporación Inmobiliaria Vesta had a net margin of 148.56% and a trailing twelve-month return on equity of 16.95%.
How often does Corporación Inmobiliaria Vesta pay dividends? What is the dividend yield for Corporación Inmobiliaria Vesta?: 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 yield of 0.9%. The ex-dividend date is Thursday, October 12th. This is a boost from the stock's previous -- dividend of $0.17.
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 0.38%. 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 7.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VTMX.
When did Corporación Inmobiliaria Vesta IPO?: (VTMX) raised $388 million in an initial public offering (IPO) on Friday, June 30th 2023. The company issued 12,500,000 shares at a price of $31.00 per share.
When did Corporación Inmobiliaria Vesta's lock-up period expire?: Corporación Inmobiliaria Vesta's lock-up period expired on Wednesday, December 27th. Corporación Inmobiliaria Vesta had issued 12,500,000 shares in its public offering on June 30th. The total size of the offering was $387,500,000 based on an initial share price of $31.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.
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 12/31/2023 by MarketBeat.com Staff

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

Corporación Inmobiliaria Vesta MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Corporación Inmobiliaria Vesta Stock (NYSE:VTMX)

VTMX Stock Price History

VTMX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

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

Pros

Cons

VTMX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™