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

Company Overview

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.

Key Stats

• Today's Range: $27.81 to $28.66
• 50-Day Range: $25.55 to $32.49
• 52-Week Range: $25.30 to $41.44
• Volume: 74,912 shs
• Average Volume: 149,539 shs
• Market Capitalization: $24.09 billion
• P/E Ratio: 5.55
• Dividend Yield: 2.15%
• Price Target: $40.00
• Consensus Rating: Buy

Corporación Inmobiliaria Vesta Stock Analysis - MarketRank™

Corporación Inmobiliaria Vesta scored higher than 70% of companies evaluated by MarketBeat, and ranked 420th out of 908 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Corporación Inmobiliaria Vesta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Corporación Inmobiliaria Vesta has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -20.00%

Earnings Growth

Earnings for Corporación Inmobiliaria Vesta are expected to decrease by -20.00% in the coming year, from $3.00 to $2.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Corporación Inmobiliaria Vesta is 5.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corporación Inmobiliaria Vesta is 5.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.37.

Price to Book Value per Share Ratio

Corporación Inmobiliaria Vesta has a P/B Ratio of 9.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.08% of the outstanding shares of Corporación Inmobiliaria Vesta have been sold short.

Short Interest Ratio / Days to Cover

Corporación Inmobiliaria Vesta has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corporación Inmobiliaria Vesta has recently increased by 18.46%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Corporación Inmobiliaria Vesta pays a meaningful dividend of 2.17%, higher than 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 11.95%. 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 25.00% next year. This indicates that Corporación Inmobiliaria Vesta will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.08% of the outstanding shares of Corporación Inmobiliaria Vesta have been sold short.

Short Interest Ratio / Days to Cover

Corporación Inmobiliaria Vesta has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corporación Inmobiliaria Vesta has recently increased by 18.46%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.34

News Sentiment

Corporación Inmobiliaria Vesta has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Corporación Inmobiliaria Vesta this week, compared to 1 article on an average week.

Search Interest

12 people have searched for VTMX on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Corporación Inmobiliaria Vesta to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 6.94% of the stock of Corporación Inmobiliaria Vesta is held by institutions.

VTMX Stock Analysis - Frequently Asked Questions

How have VTMX shares performed this year?

Corporación Inmobiliaria Vesta's stock was trading at $39.62 at the beginning of 2024. Since then, VTMX shares have decreased by 29.6% and is now trading at $27.88.
View the best growth stocks for 2024 here.

How were Corporación Inmobiliaria Vesta's earnings last quarter?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) announced its quarterly earnings data on Thursday, July, 25th. The company reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.73. The firm earned $63.02 million during the quarter. Corporación Inmobiliaria Vesta had a trailing twelve-month return on equity of 17.11% and a net margin of 179.79%.

When did Corporación Inmobiliaria Vesta IPO?

Corporación Inmobiliaria Vesta (VTMX) raised $388 million in an IPO 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?

Top institutional shareholders of Corporación Inmobiliaria Vesta include Marshall Wace LLP (0.02%) and Rhumbline Advisers.

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.

Company Calendar

• Ex-Dividend for 7/15 Dividend: 7/15/2024
• Dividend Payable: 7/15/2024
• Last Earnings: 7/25/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate
• Sub-Industry: Real Estate
• Current Symbol: NYSE:VTMX
• CUSIP: N/A
• CIK: 1969373
• Web: www.vesta.com.mx
• Phone: 52-55-5950-0070
• Fax: N/A
• Employees: 96
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.00
• High Stock Price Target: $42.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: +43.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.02
• Trailing P/E Ratio: 5.57
• Forward P/E Ratio: 9.32
• P/E Growth: N/A
• Net Income: $316.64 million
• Net Margins: 179.79%
• Pretax Margin: 217.53%
• Return on Equity: 17.11%
• Return on Assets: 11.11%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 3.10
• Quick Ratio: 3.10

Sales & Book Value

• Annual Sales: $214.47 million
• Price / Sales: 112.59
• Cash Flow: $0.39 per share
• Price / Cash Flow: 71.09
• Book Value: $3.04 per share
• Price / Book: 9.19

Miscellaneous

• Outstanding Shares: 863,910,000
• Free Float: N/A
• Market Cap: $24.15 billion
• Optionable: Not Optionable
• Beta: 1.40