Streetbeat News

VTMX

Corporación Inmobiliaria Vesta, S.A.B. de C.V.

https://www.vesta.com.mx

Industry

Real Estate - Development

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.

Open

24.99

Mkt cap

2.2B

Volume

255K

High

25.45

P/E Ratio

5.29

52-wk high

41.44

Low

24.90

Div yield

0.04

52-wk low

23.32

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX) will host an investor day on November 25, 2024, featuring presentations by its management team. The event is open to analysts and investors.

Portfolio Pulse from

November 25, 2024 | 6:00 pm

Goldman Sachs has downgraded Corporacion Inmobiliaria (NYSE:VTMX) from Buy to Neutral and reduced its price target from $42 to $32.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 4:30 pm

Goldman Sachs analyst Jorel Guilloty maintains a Neutral rating on Corporacion Inmobiliaria (NYSE:VTMX) and lowers the price target from $42 to $32.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:20 pm

Barclays analyst Pablo Monsivais maintains an Overweight rating on Corporacion Inmobiliaria (NYSE:VTMX) but lowers the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:01 pm

Vesta Real Estate (NYSE:VTMX) reported Q2 2024 earnings of $0.04 per share and sales of $63.000 million, beating the analyst consensus estimate of $60.813 million. This represents a 21.33% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:03 pm

Barclays analyst Pablo Monsivais maintains an Overweight rating on Corporacion Inmobiliaria (NYSE:VTMX) but lowers the price target from $42 to $40.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:52 pm

Vesta Real Estate (NYSE:VTMX) reported a Q1 2024 FFO of $0.05 per share, up from $0.04 YoY, with sales of $60.600M beating the $58.743M estimate, marking a 21.44% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:52 pm

Goldman Sachs analyst Jorel Guilloty maintains a Buy rating on Corporacion Inmobiliaria (VTMX) and raises the price target from $38 to $42.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:45 pm

Benzinga Insights identifies Arbor Realty Trust (ABR), Corporacion Inmobiliaria (VTMX), Franklin BSP Realty Trust (FBRT), Ready Capital (RC), and Lument Finance Trust (LFT) as notable value stocks in the real estate sector based on low P/E multiples. ABR, FBRT, RC, and LFT experienced changes in earnings per share and dividend yields, indicating varied financial performance in the recent quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:39 pm

Vesta Real Estate (VTMX) reported Q4 2023 FFO of $0.04 per share, meeting analyst estimates. However, its quarterly sales of $54.00 million fell short of the $57.43 million estimate by 5.97%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:05 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.