S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities

Prologis (PLD) Stock Price, News & Analysis

$133.63
-0.97 (-0.72%)
(As of 03/4/2024 ET)
Today's Range
$130.96
$134.60
50-Day Range
$125.44
$135.21
52-Week Range
$96.64
$137.52
Volume
3.32 million shs
Average Volume
3.23 million shs
Market Capitalization
$123.59 billion
P/E Ratio
40.62
Dividend Yield
2.60%
Price Target
$141.73

Prologis MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
6.1% Upside
$141.73 Price Target
Short Interest
Healthy
1.10% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.19
Upright™ Environmental Score
News Sentiment
1.07mentions of Prologis in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$13.76 M Sold Last Quarter
Proj. Earnings Growth
12.18%
From $5.50 to $6.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Real Estate Sector

3rd out of 12 stocks

REIT - Industrial Industry

1st out of 1 stocks


PLD stock logo

About Prologis Stock (NYSE:PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At December 31, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

PLD Stock Price History

PLD Stock News Headlines

Bears covered shorts on this ETF, 3 stocks to pop on the shift
Whenever traders move their money in a big way, it often pays to follow their tracks and reverse engineer what happened that caused them to shift in or out of that space. Today, the tools at MarketBeat have caught a major shift in sentiment and capital out of an ETF (exchange-traded fund) that also happens to represent a key economic indicator.
Bears covered shorts on this ETF, 3 stocks to pop on the shift (PLD)
Bears have ditched their short positions on this ETF, admitting that they too see a bull case for the economy, and these are the stocks to get paid first
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
What are specialty REITs? How to invest in them (PLD)
What are specialty REITs? They are real estate investment trusts that may not fit in with other sectors. Learn more about specialty REITs.
Is Prologis Stock a Buy?
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Prologis: Too Expensive At Current Interest Rates
Prologis: Buy This REIT Now For Winning Dividend Growth
Prologis Stock (NYSE:PLD) Insider Trades
Prologis Stock (NYSE:PLD), Short Interest Report
PLD May 2024 135.000 call
PLD Mar 2024 120.000 call
PLD Mar 2024 120.000 put
PLD Mar 2024 100.000 call
PLD Mar 2024 130.000 put
Decoding 10 Analyst Evaluations For Prologis
See More Headlines
Receive PLD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Prologis and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend
12/15/2023
Dividend Payable
12/29/2023
Last Earnings
1/17/2024
Today
3/05/2024
Ex-Dividend for 3/29 Dividend
3/15/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
4/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
Industrial REITs
CUSIP
74340W10
Employees
2,574
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$141.73
High Stock Price Target
$170.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+6.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Net Income
$3.06 billion
Pretax Margin
43.18%

Debt

Sales & Book Value

Annual Sales
$8.02 billion
Cash Flow
$5.38 per share
Book Value
$62.51 per share

Miscellaneous

Free Float
918,407,000
Market Cap
$123.59 billion
Optionable
Optionable
Beta
1.00

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Should I Buy Prologis Stock? PLD Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Prologis was last updated on Friday, March 1, 2024 at 9:06 PM.

Pros

Here are some ways that investors could benefit from investing in Prologis, Inc.:

  • Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.
  • The company owns properties in high-demand locations, providing stability and potential for growth.
  • Prologis serves a diverse base of approximately 6,700 customers across business-to-business and retail/online fulfillment categories.
  • The company's focus on logistics real estate positions it well in the current market environment.
  • Recent developments have shown positive trends in the company's performance and stock price.

Cons

Investors should be bearish about investing in Prologis, Inc. for these reasons:

  • While the company has strengths, there may be risks associated with market fluctuations and economic conditions.














PLD Stock Analysis - Frequently Asked Questions

Should I buy or sell Prologis stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last twelve months. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLD shares.
View PLD analyst ratings
or view top-rated stocks.

What is Prologis' stock price target for 2024?

13 equities research analysts have issued twelve-month price targets for Prologis' stock. Their PLD share price targets range from $120.00 to $170.00. On average, they anticipate the company's share price to reach $141.73 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for PLD
or view top-rated stocks among Wall Street analysts.

How have PLD shares performed in 2024?

Prologis' stock was trading at $133.30 on January 1st, 2024. Since then, PLD stock has increased by 0.2% and is now trading at $133.63.
View the best growth stocks for 2024 here
.

Are investors shorting Prologis?

Prologis saw a decrease in short interest in January. As of January 31st, there was short interest totaling 9,580,000 shares, a decrease of 12.4% from the January 15th total of 10,930,000 shares. Based on an average daily trading volume, of 3,550,000 shares, the days-to-cover ratio is presently 2.7 days.
View Prologis' Short Interest
.

When is Prologis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024.
View our PLD earnings forecast
.

How were Prologis' earnings last quarter?

Prologis, Inc. (NYSE:PLD) issued its quarterly earnings results on Wednesday, January, 17th. The real estate investment trust reported $0.68 EPS for the quarter, missing the consensus estimate of $1.26 by $0.58. The real estate investment trust had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.85 billion. Prologis had a trailing twelve-month return on equity of 5.29% and a net margin of 38.13%. Prologis's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 EPS.
Read the conference call transcript
.

How often does Prologis pay dividends? What is the dividend yield for Prologis?

Prologis announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 18th will be paid a dividend of $0.96 per share on Friday, March 29th. This represents a $3.84 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Friday, March 15th. This is an increase from the stock's previous quarterly dividend of $0.87.
Read our dividend analysis for PLD
.

Is Prologis a good dividend stock?

Prologis (NYSE:PLD) pays an annual dividend of $3.48 per share and currently has a dividend yield of 2.59%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 105.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PLD will have a dividend payout ratio of 56.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLD.

What guidance has Prologis issued on next quarter's earnings?

Prologis updated its FY 2024 earnings guidance on Thursday, January, 18th. The company provided earnings per share guidance of 5.420-5.560 for the period, compared to the consensus earnings per share estimate of 5.600. The company issued revenue guidance of -.

What is Hamid R. Moghadam's approval rating as Prologis' CEO?

68 employees have rated Prologis Chief Executive Officer Hamid R. Moghadam on Glassdoor.com. Hamid R. Moghadam has an approval rating of 99% among the company's employees. This puts Hamid R. Moghadam in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Prologis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), Salesforce (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Visa (V) and AT&T (T).

Who are Prologis' major shareholders?

Prologis' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.93%), Cohen & Steers Inc. (3.31%), Massachusetts Financial Services Co. MA (1.78%), Nuveen Asset Management LLC (1.49%), Legal & General Group Plc (1.47%) and Dimensional Fund Advisors LP (1.39%). Insiders that own company stock include Avid Modjtabai, David P Oconnor, George L Fotiades, Hamid R Moghadam, Irving F Lyons III, James B Connor, Lydia H Kennard and William D Zollars.
View institutional ownership trends
.

How do I buy shares of Prologis?

Shares of PLD 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.

Does Prologis have any subsidiaries?
The following companies are subsidiares of Prologis: AMB Asia LLC, AMB HFC LP, DCT Industrial, DCT Industrial TRS Inc., DCT Industrial Value Fund I Inc., IMD Holding Corporation, Industrial Property Trust, KTR Capital Partners, Liberty L.P., Liberty Property Trust, Liberty Property Trust UK Ltd, PLD Finance Management BV, PLD Finance Management LLC, PLD International Finance LLC, PLD International Holding L.P., PLD-TRS Holding LLC, Palmtree Acquisition Corporation, Prologis 2 L.P., Prologis B.V., Prologis Brazil Logistics Partners Fund I L.P., Prologis California Inc., Prologis Directorship BV, Prologis Directorship II BV, Prologis Directorship Sarl, Prologis Japan Management LLC, Prologis L.P., Prologis Logistics Services Incorporated, Prologis Management LLC, Prologis Management Services Sarl, Prologis NA3 REIT II LLC, Prologis North American Industrial Fund II L.P., Prologis Park Bradford Management Company Limited, Prologis Park Bromford Gate Management Company Limited, Prologis Park Littlebrook Management Company Limited, Prologis Park Midpoint 2 Management Company Limited, Prologis Park Ryton Management Company Limited, Prologis RFI DIRFT Management Limited, Prologis UK Financial Services Limited, Prologis UK Holdings S.A., Prologis UK Limited, Prologis USLV Operating Partnership L.P., Prologis de Mexico S.A. de C.V., and Solutions Insurance Ltd..
Read More
This page (NYSE:PLD) was last updated on 3/5/2024 by MarketBeat.com Staff