Corporación Inmobiliaria Vesta (NYSE:VTMX) Announces Quarterly Earnings Results

Corporación Inmobiliaria Vesta (NYSE:VTMX) posted its quarterly earnings data on Tuesday. The company reported ($0.76) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($1.10), Zacks reports. Corporación Inmobiliaria Vesta had a return on equity of 15.40% and a net margin of 164.44%. Corporación Inmobiliaria Vesta updated its FY 2025 guidance to EPS.

Corporación Inmobiliaria Vesta Stock Performance

Shares of VTMX traded down $0.19 during mid-day trading on Tuesday, hitting $26.73. The stock had a trading volume of 204,896 shares, compared to its average volume of 171,261. The firm has a market cap of $23.09 billion, a P/E ratio of 6.05 and a beta of 0.95. The business has a fifty day moving average price of $25.57 and a 200-day moving average price of $26.27. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.59 and a quick ratio of 4.59. Corporación Inmobiliaria Vesta has a 52 week low of $23.22 and a 52 week high of $41.44.

Analysts Set New Price Targets

Separately, Barclays cut their price objective on Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 27th.

Corporación Inmobiliaria Vesta Company Profile

Corporación Inmobiliaria Vesta, SAB. 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.