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Corporacion Inmobiliaria Vesta (VTMX) Stock

Profile

Industry:

Development

Country:

Mexico

IPO:

30 June 2023

Indexes:

Not included

Description:

VTMX, or Corporación Inmobiliaria Vesta, is a real estate company in Mexico. It focuses on developing and managing industrial properties, such as warehouses and distribution centers. Vesta aims to provide high-quality spaces for businesses, supporting economic growth and logistics in the region.

Key Details

Price

$25.63

TTM Dividend Yield

2.13%(+126.60% YoY)

PE Ratio

5.81(-33.45% YoY)

Beta

0.76

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Feb 14, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 11, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

27 Nov '24 Barclays
Overweight
07 Oct '24 Goldman Sachs
Neutral
31 July '24 Barclays
Overweight
15 July '24 Barclays
Overweight
22 Mar '24 Goldman Sachs
Buy
28 Aug '23 Goldman Sachs
Neutral

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Institutional Ownership

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q3 2024 Earnings Call Transcript
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q3 2024 Earnings Call Transcript
Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Q3 2024 Earnings Call Transcript
VTMX
seekingalpha.com25 October 2024

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX ) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Fernanda Bettinger - IRO Lorenzo Berho - CEO Juan Sottil - CFO Conference Call Participants Alejandra Obregon - Morgan Stanley Jorel Guilloty - Goldman Sachs Felipe Barragan - BTG Pactual Isabela Salazar - GBM Armando Rodriguez - Signum Research Operator Greetings, ladies and gentlemen, welcome to the Vesta Third Quarter 2024 Earnings Conference Call.

Corporación Inmobiliaria Vesta Reports Third Quarter 2024 Earnings Results
Corporación Inmobiliaria Vesta Reports Third Quarter 2024 Earnings Results
Corporación Inmobiliaria Vesta Reports Third Quarter 2024 Earnings Results
VTMX
businesswire.com24 October 2024

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the third quarter ended September 30, 2024. All figures included herein were prepared in accordance with International Financial Reporting Standards (IFRS), which differs in certain significant respects from U.S. GAAP. This information should be read in conjunction with, and is qualified.

Vesta Announces Third Quarter 2023 Earnings Conference Call and Webcast
Vesta Announces Third Quarter 2023 Earnings Conference Call and Webcast
Vesta Announces Third Quarter 2023 Earnings Conference Call and Webcast
VTMX
PRNewsWire03 October 2023

MEXICO CITY , Oct. 3, 2023 /PRNewswire/ -- Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's third quarter 2023 financial results will be released after market close on Thursday, October 19, 2023.

Corporación Inmobiliaria Vesta Second Quarter 2023 Earnings Conference Call Update
Corporación Inmobiliaria Vesta Second Quarter 2023 Earnings Conference Call Update
Corporación Inmobiliaria Vesta Second Quarter 2023 Earnings Conference Call Update
VTMX
Business Wire21 July 2023

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta S.A.B. de C.V., (“Vesta”, or the “Company”) (BMV: VESTA) (NYSE: VTMX), a leading industrial real estate company in Mexico, today announced that the conference call results time has been moved to: 11:00 am Mexico City time 12:00 pm Central Time 1:00 PM Eastern Time Please connect to the Results Conference call via the following link: https://us02web.zoom.us/webinar/register/WN_ChpWV_tBR6aXkCovI_9HCQ About Vesta Vesta is a real estate o.

IPO Update: Vesta Real Estate Targets $401 Million U.S. IPO
IPO Update: Vesta Real Estate Targets $401 Million U.S. IPO
IPO Update: Vesta Real Estate Targets $401 Million U.S. IPO
VTMX
Seeking Alpha27 June 2023

Vesta Real Estate Corporation has filed proposed terms for a $401 million U.S. IPO. The firm acquires, develops, and operates industrial real estate properties in Mexico. VTMX looks to be generating a 4.6% distribution yield, so for investors interested in that yield level, the stock may be a good fit.

Vesta Real Estate Begins U.S. IPO Rollout
Vesta Real Estate Begins U.S. IPO Rollout
Vesta Real Estate Begins U.S. IPO Rollout
VTMX
Seeking Alpha12 June 2023

Vesta Real Estate Corporation has filed to raise $100 million in a U.S. IPO, although the final figure may differ. The firm is a REIT that acquires, develops and operates industrial properties in Mexico. VTMX is growing its portfolio amid strong demand for industrial space in the regions where it operates.

FAQ

  • What is the primary business of Corporacion Inmobiliaria Vesta?
  • What is the ticker symbol for Corporacion Inmobiliaria Vesta?
  • Does Corporacion Inmobiliaria Vesta pay dividends?
  • What sector is Corporacion Inmobiliaria Vesta in?
  • What industry is Corporacion Inmobiliaria Vesta in?
  • What country is Corporacion Inmobiliaria Vesta based in?
  • When did Corporacion Inmobiliaria Vesta go public?
  • Is Corporacion Inmobiliaria Vesta in the S&P 500?
  • Is Corporacion Inmobiliaria Vesta in the NASDAQ 100?
  • Is Corporacion Inmobiliaria Vesta in the Dow Jones?
  • When was Corporacion Inmobiliaria Vesta's last earnings report?
  • When does Corporacion Inmobiliaria Vesta report earnings?
  • Should I buy Corporacion Inmobiliaria Vesta stock now?

What is the primary business of Corporacion Inmobiliaria Vesta?

VTMX, or Corporación Inmobiliaria Vesta, is a real estate company in Mexico. It focuses on developing and managing industrial properties, such as warehouses and distribution centers. Vesta aims to provide high-quality spaces for businesses, supporting economic growth and logistics in the region.

What is the ticker symbol for Corporacion Inmobiliaria Vesta?

The ticker symbol for Corporacion Inmobiliaria Vesta is NYSE:VTMX

Does Corporacion Inmobiliaria Vesta pay dividends?

Yes, Corporacion Inmobiliaria Vesta pays dividends. The last payment was $0.18, with an ex-dividend date on 11 October 2024

What sector is Corporacion Inmobiliaria Vesta in?

Corporacion Inmobiliaria Vesta is in the Real Estate sector

What industry is Corporacion Inmobiliaria Vesta in?

Corporacion Inmobiliaria Vesta is in the Development industry

What country is Corporacion Inmobiliaria Vesta based in?

Corporacion Inmobiliaria Vesta is headquartered in Mexico

When did Corporacion Inmobiliaria Vesta go public?

Corporacion Inmobiliaria Vesta's initial public offering (IPO) was on 30 June 2023

Is Corporacion Inmobiliaria Vesta in the S&P 500?

No, Corporacion Inmobiliaria Vesta is not included in the S&P 500 index

Is Corporacion Inmobiliaria Vesta in the NASDAQ 100?

No, Corporacion Inmobiliaria Vesta is not included in the NASDAQ 100 index

Is Corporacion Inmobiliaria Vesta in the Dow Jones?

No, Corporacion Inmobiliaria Vesta is not included in the Dow Jones index

When was Corporacion Inmobiliaria Vesta's last earnings report?

Corporacion Inmobiliaria Vesta's most recent earnings report was on 24 October 2024

When does Corporacion Inmobiliaria Vesta report earnings?

The next expected earnings date for Corporacion Inmobiliaria Vesta is 14 February 2025

Should I buy Corporacion Inmobiliaria Vesta stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions