Vesta (ADR) (VTMX)
Owns, develops and leases industrial parks and buildings across Mexico.
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Owns and leases industrial properties in Mexico while also developing and managing them internally. The business has evolved from a developer into an industrial-real-estate asset manager with development capabilities.
Owns, develops, manages and leases industrial parks and Class A buildings across Mexico. Its portfolio includes more than two hundred Class A buildings. The internally managed platform combines property ownership, development, operations and leasing under one management structure.
The business evolved from a developer into an industrial-real-estate asset manager with development capabilities. Its Level 3 strategy frames a sustainably operated model that incorporates ESG assessment into investment and asset-management decisions.
Operations depend on general economic and real-estate conditions. The dual BMV common-share and NYSE ADS listings also create potential peso–U.S. dollar exposure.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 18, 2026 | UBS | Reiterate | Rating: —Target: $39 | Target: $43 |
| May 4, 2026 | Barclays | Reiterate | Rating: —Target: $40 | Target: $41 |
| Dec 17, 2025 | UBS | Reiterate | Rating: —Target: $35 | Target: $39 |
| Dec 10, 2025 | Scotiabank | Downgrade | ||
| Nov 20, 2025 | Barclays | Reiterate | Rating: —Target: $37 | Target: $40 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $404.2M · Total debt $1.18B · Total assets $4.84B · Shareholders' equity $3.15B
- Revenue
- $84.1M
- Operating income
- $64.2M
- Net income
- $101.6M
HistoryDividendAnnual yield
| Institutions | 8.92% | 7.89M ADS | |
|---|---|---|---|
| 70 holders · as of Jun 30, 2026 | |||
| Insiders | 3.54% | 3.13M ADS | |
| 36 holders · as of Sep 8, 2026 | |||
| Other | 87.54% | 77.43M ADS | |
| remainder | |||
88.45M ADS (1 ADS = 10 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (88.45M in the company's Sep 22, 2026 report, 8.46M elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Corona Lorenzo Manuel BerhoInsiderdirector | 2.36% | 20.87M ordinary | filed Aug 27, 2026 |
Wellington Management Group LLPInstitution | 2.08% | 1.84M ADS | as of Jun 30, 2026 |
Itau Unibanco Holding S.A.Institution | 1.46% | 1.29M ADS | as of Jun 30, 2026 |
Carmignac GestionInstitution | 0.94% | 829,302 ADS | as of Jun 30, 2026 |
FMR LLCInstitution | 0.91% | 805,255 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 4, 2026 | Carranza Diego Berho | officer: Chief Portfolio Officer | −6,219 | $3.48 |
| Aug 28, 2026 | Colmenares Sergio Raul Martin | officer: DEVELOPMENT & CP MANAGER | −1,800 | $3.43 |
| Aug 26, 2026 | Corona Lorenzo Manuel Berho | director | −33,442 | $3.51 |
| Aug 21, 2026 | Carranza Lorenzo Dominique Berho | officer: Chief Executive Officer | −60,000 | $3.59 |
| Aug 13, 2026 | Argueta Fernando Alberto Cuevas | officer: COMPTROLLER | −4,500 | $3.42 |
Not reported.