Prologis Company Profile (NYSE:PLD)

About Prologis (NYSE:PLD)

Prologis logoPrologis, Inc. is a real estate investment trust (REIT) company. The Company is engaged in logistics real estate business. The Company's segments include Real Estate Operations and Strategic Capital. The Real estate operations segment consists of rental operations and development. The Company's strategic capital segment includes asset management services, as well as services performed for unconsolidated co-investment ventures. Its strategic capital segment gives the Company access to third-party capital, both private and public. As of December 31, 2016, the Company owned or had investments in, on an owned basis or through co-investment ventures, properties and development projects across 676 million square feet (63 million square meters) in 20 countries spanning four continents.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Industrial REITs
  • Symbol: NYSE:PLD
  • CUSIP: 74340W10
  • Web:
  • Market Cap: $29.64 billion
  • Outstanding Shares: 530,315,000
Average Prices:
  • 50 Day Moving Avg: $54.67
  • 200 Day Moving Avg: $51.82
  • 52 Week Range: $45.93 - $56.10
  • Trailing P/E Ratio: 24.82
  • Foreward P/E Ratio: 44.72
  • P/E Growth: -3.64
Sales & Book Value:
  • Annual Revenue: $2.75 billion
  • Price / Sales: 10.78
  • Book Value: $27.67 per share
  • Price / Book: 2.02
  • Annual Dividend: $1.68
  • Dividend Yield: 3.2%
  • EBIDTA: $1.81 billion
  • Net Margins: 47.76%
  • Return on Equity: 6.62%
  • Return on Assets: 3.93%
  • Debt-to-Equity Ratio: 0.57%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.61%
  • Average Volume: 2.66 million shs.
  • Beta: 1.05
  • Short Ratio: 2.37

Frequently Asked Questions for Prologis (NYSE:PLD)

What is Prologis' stock symbol?

Prologis trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLD."

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

Prologis declared a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.44 per share on Friday, June 30th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Monday, June 12th. View Prologis' Dividend History.

How were Prologis' earnings last quarter?

Prologis Inc (NYSE:PLD) released its earnings results on Tuesday, April, 18th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. The company had revenue of $629.16 million for the quarter, compared to analysts' expectations of $555.37 million. Prologis had a return on equity of 6.62% and a net margin of 47.76%. The business's revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. View Prologis' Earnings History.

When will Prologis make its next earnings announcement?

Prologis is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Prologis.

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

Prologis issued an update on its FY17 earnings guidance on Tuesday, April, 18th. The company provided EPS guidance of $2.72-2.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.67.

Where is Prologis' stock going? Where will Prologis' stock price be in 2017?

18 equities research analysts have issued 12-month price targets for Prologis' stock. Their predictions range from $48.00 to $59.00. On average, they anticipate Prologis' share price to reach $54.01 in the next year. View Analyst Ratings for Prologis.

Who are some of Prologis' key competitors?

Who owns Prologis stock?

Prologis' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.45%), BlackRock Inc. (9.59%), State Street Corp (5.88%), FMR LLC (4.65%), APG Asset Management US Inc. (3.25%) and JPMorgan Chase & Co. (2.46%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, Irving F Lyons III, J Michael Losh, Lori A Palazzolo, Michael S Curless and Thomas S Olinger. View Institutional Ownership Trends for Prologis.

Who sold Prologis stock? Who is selling Prologis stock?

Prologis' stock was sold by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, Daiwa Securities Group Inc., Teachers Advisors LLC, PGGM Investments, Credit Suisse AG, Russell Investments Group Ltd., Wellington Management Group LLP and OppenheimerFunds Inc.. Company insiders that have sold Prologis stock in the last year include Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, Lori A Palazzolo, Michael S Curless and Thomas S Olinger. View Insider Buying and Selling for Prologis.

Who bought Prologis stock? Who is buying Prologis stock?

Prologis' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Brookfield Asset Management Inc., FMR LLC, Vanguard Group Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Goldman Sachs Group Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Prologis.

How do I buy Prologis stock?

Shares of Prologis can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Prologis stock cost?

One share of Prologis stock can currently be purchased for approximately $55.90.

Analyst Ratings

Consensus Ratings for Prologis (NYSE:PLD) (?)
Ratings Breakdown: 8 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: $54.01 (3.39% downside)

Analysts' Ratings History for Prologis (NYSE:PLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/25/2017Citigroup IncBoost Price TargetNeutral$50.00 -> $56.00LowView Rating Details
4/19/2017Evercore ISIBoost Price TargetOutperform$58.00 -> $59.00LowView Rating Details
4/11/2017BTIG ResearchReiterated RatingBuy$57.00LowView Rating Details
2/14/2017Jefferies Group LLCReiterated RatingHold$52.00N/AView Rating Details
2/8/2017Barclays PLCBoost Price TargetOverweight$54.00 -> $56.00N/AView Rating Details
11/28/2016Robert W. BairdUpgradeNeutral -> Outperform$55.00N/AView Rating Details
11/10/2016Cantor FitzgeraldSet Price TargetBuy$55.00N/AView Rating Details
11/2/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$57.00N/AView Rating Details
10/17/2016Capital One Financial Corp.UpgradeUnderweight -> Equal Weight$53.00N/AView Rating Details
9/6/2016Morgan StanleySet Price TargetBuy$58.00N/AView Rating Details
9/4/2016Wells Fargo & CoReiterated RatingHold -> NeutralN/AView Rating Details
7/26/2016Royal Bank of CanadaReiterated RatingOutperform$48.00 -> $55.00N/AView Rating Details
7/20/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$48.00N/AView Rating Details
7/20/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
6/30/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$35.25 -> $49.11N/AView Rating Details
6/24/2016Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
6/21/2016Deutsche Bank AGDowngradeBuy -> Hold$48.00 -> $50.00N/AView Rating Details
6/1/2016Stifel NicolausReiterated RatingBuy$48.00 -> $50.00N/AView Rating Details
1/29/2016BB&T Co.Boost Price Target$46.00 -> $49.00N/AView Rating Details
12/14/2015Goldman Sachs Group IncDowngradeNeutral -> Sell$40.50 -> $36.00N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$46.00 -> $44.00N/AView Rating Details
7/23/2015Cowen and CompanyUpgradeMarket Perform -> Outperform$44.00 -> $48.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Prologis (NYSE:PLD)
Earnings by Quarter for Prologis (NYSE:PLD)
Earnings History by Quarter for Prologis (NYSE:PLD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017Q1 2017$0.62$0.63$555.37 million$629.16 millionViewN/AView Earnings Details
1/24/2017Q416$0.63$0.63$221.07 million$620.00 millionViewN/AView Earnings Details
10/20/2016Q316$0.70$0.73$221.07 million$705.00 millionViewListenView Earnings Details
7/19/2016Q216$0.59$0.60$221.07 million$602.00 millionViewListenView Earnings Details
4/19/2016Q116$0.59$0.61$221.07 million$606.30 millionViewListenView Earnings Details
1/26/2016Q415$0.62$0.64$221.07 million$6.43 billionViewListenView Earnings Details
10/20/2015Q315$0.58$0.58$221.07 million$580.62 millionViewListenView Earnings Details
7/21/2015Q215$0.52$0.52$221.07 million$510.40 millionViewListenView Earnings Details
4/21/2015Q115$0.50$0.49$420.81 million$462.90 millionViewN/AView Earnings Details
1/27/2015Q414$0.47$0.48$436.76 million$450.87 millionViewN/AView Earnings Details
10/23/2014Q314$0.46$0.48$221.10 million$415.15 millionViewListenView Earnings Details
7/22/2014Q214$0.46$0.48$390.31 million$381.27 millionViewN/AView Earnings Details
4/22/2014Q114$0.42$0.43$490.62 million$434.68 millionViewN/AView Earnings Details
1/31/2014Q413$0.42$0.43$221.07 millionViewN/AView Earnings Details
10/23/2013Q313$0.41($0.02)$499.46 million$430.19 millionViewN/AView Earnings Details
7/24/2013Q213$0.37$0.41$221.10 million$419.50 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.41$0.40$221.07 million$490.60 millionViewN/AView Earnings Details
2/6/2013Q412$0.42$0.42$456.78 million$517.60 millionViewN/AView Earnings Details
10/23/2012$0.43$0.49ViewN/AView Earnings Details
7/26/2012$0.42$0.43ViewN/AView Earnings Details
5/1/2012$0.40$0.40ViewN/AView Earnings Details
10/26/2011$0.40$0.44ViewN/AView Earnings Details
7/28/2011$0.26$0.35ViewN/AView Earnings Details
4/20/2011$0.15$0.13ViewN/AView Earnings Details
2/3/2011$0.17$0.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Prologis (NYSE:PLD)
2017 EPS Consensus Estimate: $2.68
2018 EPS Consensus Estimate: $2.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.61$0.63$0.62
Q2 20174$0.63$0.79$0.69
Q3 20174$0.65$0.66$0.66
Q4 20175$0.67$0.73$0.71
Q1 20182$0.70$0.70$0.70
Q2 20182$0.71$0.72$0.72
Q3 20182$0.68$0.71$0.70
Q4 20182$0.68$0.75$0.72
(Data provided by Zacks Investment Research)


Current Dividend Information for Prologis (NYSE:PLD)
Next Dividend:6/30/2017
Annual Dividend:$1.68
Dividend Yield:3.01%
Dividend Growth:14.50% (3 Year Average)
Payout Ratio:74.67% (Trailing 12 Months of Earnings)
-622.22% (Based on This Year's Estimates)
134.40% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Prologis (NYSE:PLD)

Dividend History by Quarter for Prologis (NYSE:PLD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Prologis (NYSE:PLD)
Insider Ownership Percentage: 1.29%
Insider Trades by Quarter for Prologis (NYSE:PLD)
Institutional Ownership by Quarter for Prologis (NYSE:PLD)
Insider Trades by Quarter for Prologis (NYSE:PLD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Edward S NekritzInsiderSell25,000$55.31$1,382,750.00View SEC Filing  
5/3/2017Lori A PalazzoloInsiderSell6,540$53.95$352,833.00View SEC Filing  
4/27/2017Thomas S OlingerCFOSell74,225$55.03$4,084,601.75View SEC Filing  
4/21/2017Michael S CurlessInsiderSell20,429$54.49$1,113,176.21View SEC Filing  
3/20/2017Edward S NekritzInsiderSell84,434$51.45$4,344,129.30View SEC Filing  
3/16/2017Eugene F ReillyCEOSell70,000$50.72$3,550,400.00View SEC Filing  
8/12/2016Gary E. AndersonCEOSell33,043$54.28$1,793,574.04View SEC Filing  
7/29/2016Hamid R MoghadamCEOSell446,991$54.35$24,293,960.85View SEC Filing  
7/15/2016Hamid R MoghadamCEOSell349,668$51.14$17,882,021.52View SEC Filing  
7/14/2016Hamid R MoghadamCEOSell37,673$51.01$1,921,699.73View SEC Filing  
6/17/2016Edward S NekritzInsiderSell5,675$50.20$284,885.00View SEC Filing  
5/12/2016J Michael LoshDirectorSell14,380$46.97$675,428.60View SEC Filing  
5/3/2016Lori A PalazzoloCAOSell4,400$45.76$201,344.00View SEC Filing  
5/2/2016Michael S CurlessCIOSell18,500$45.98$850,630.00View SEC Filing  
4/26/2016Thomas S OlingerCFOSell16,000$45.81$732,960.00View SEC Filing  
3/22/2016Eugene F ReillyCEOSell25,000$42.62$1,065,500.00View SEC Filing  
10/23/2015Gary E AndersonCEOSell11,500$43.00$494,500.00View SEC Filing  
9/4/2015Irving F Lyons IIIDirectorBuy1,000$36.57$36,570.00View SEC Filing  
6/2/2015Eugene F ReillyCEOSell6,500$40.10$260,650.00View SEC Filing  
5/12/2015J Michael LoshDirectorSell7,766$40.21$312,270.86View SEC Filing  
5/11/2015Lydia H KennardDirectorSell7,766$40.89$317,551.74View SEC Filing  
5/6/2015George L FotiadesDirectorBuy8,000$39.60$316,800.00View SEC Filing  
3/18/2015Gary E AndersonCEOSell9,250$43.50$402,375.00View SEC Filing  
3/9/2015Carl B WebbDirectorBuy5,535$41.50$229,702.50View SEC Filing  
1/22/2015Hamid R MoghadamCEOSell142,718$45.04$6,428,018.72View SEC Filing  
12/18/2014Lori A PalazzoloCAOSell1,200$42.54$51,048.00View SEC Filing  
7/24/2014Lydia H KennardDirectorSell20,000$42.09$841,800.00View SEC Filing  
7/24/2014Thomas S OlingerCFOSell14,800$42.12$623,376.00View SEC Filing  
6/19/2014Gary E AndersonCEOSell44,000$41.50$1,826,000.00View SEC Filing  
5/16/2014Jeffrey SkeltonDirectorSell13,502$41.15$555,607.30View SEC Filing  
5/9/2014J Michael LoshDirectorSell13,502$41.21$556,417.42View SEC Filing  
2/3/2014Christine GarveyDirectorSell1,500$38.22$57,330.00View SEC Filing  
10/28/2013Michael S CurlessCIOSell5,283$40.55$214,225.65View SEC Filing  
10/25/2013Eugene F ReillyCEOSell8,737$40.85$356,906.45View SEC Filing  
6/11/2013Christine GarveyDirectorSell1,000$37.79$37,790.00View SEC Filing  
5/17/2013Hamid R MoghadamCEOSell194,957$44.00$8,578,108.00View SEC Filing  
9/17/2012Eugene F ReillyCEOSell49,371$37.04$1,828,701.84View SEC Filing  
9/14/2012J Michael LoshDirectorSell20,000$37.22$744,400.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Prologis (NYSE:PLD)
Latest Headlines for Prologis (NYSE:PLD)
DateHeadline logoPrologis Inc (PLD) Upgraded by Zacks Investment Research to "Buy" - May 22 at 2:38 PM logoPrologis Inc (PLD) Rating Lowered to Hold at Zacks Investment Research - May 19 at 10:54 PM logoWhy Is ProLogis (PLD) Up 1.9% Since the Last Earnings Report? - May 19 at 12:01 PM logoPrologis Inc (PLD) Insider Sells $1,382,750.00 in Stock - May 18 at 7:27 PM logoAnalysts Issue Forecasts for Prologis Inc's FY2017 Earnings (PLD) - May 11 at 11:08 AM logoPrologis Inc (PLD) Expected to Post Quarterly Sales of $627.17 Million - May 10 at 11:54 AM logoPrologis Inc (PLD) Expected to Announce Earnings of $0.74 Per Share - May 8 at 9:56 AM logoPrologis (PLD) Earning Somewhat Favorable Media Coverage, AlphaOne Reports - May 6 at 12:52 AM logoAnalysts Set Prologis Inc (PLD) Price Target at $54.44 - May 5 at 11:20 PM logoPrologis Inc (PLD) Insider Sells $352,833.00 in Stock - May 5 at 10:57 PM logoThis REIT Fund Pays 6% And Trades At An 18% Discount - May 4 at 7:26 PM logoPrologis Inc (PLD) Declares Quarterly Dividend of $0.44 - May 3 at 11:04 PM logoPrologis Declares Quarterly Dividends and Announces Results from Stockholder Meeting - May 3 at 7:46 PM logoPrologis Inc (PLD) Receives Consensus Rating of "Buy" from Brokerages - May 2 at 6:16 PM logoInsider Selling: Prologis Inc (PLD) CFO Sells 74,225 Shares of Stock - May 1 at 8:18 PM logoSomewhat Positive Media Coverage Likely to Affect Prologis (PLD) Share Price - April 29 at 11:57 PM logoSomewhat Favorable News Coverage Very Likely to Impact Prologis (PLD) Share Price - April 26 at 9:34 PM logoPrologis Inc (PLD) Given "Neutral" Rating at Citigroup Inc - April 25 at 11:21 AM logoKeyCorp Research Analysts Boost Earnings Estimates for Prologis Inc (PLD) - April 24 at 7:55 AM logoOppenheimer Holdings Equities Analysts Reduce Earnings Estimates for Prologis Inc (PLD) - April 24 at 7:55 AM logoPrologis (PLD) Getting Somewhat Positive Press Coverage, Report Shows - April 23 at 10:01 PM logoPrologis Inc (PLD) Raised to Buy at Zacks Investment Research - April 21 at 2:23 PM logoREITs' Q1 Earnings to Watch on Apr 24: UDR, CCI & Others - April 21 at 8:57 AM logo12 ways to trade an over-stored retail sector - April 20 at 7:22 PM logoZacks Investment Research Lowers Prologis Inc (PLD) to Hold - April 20 at 1:39 PM logoOppenheimer Holdings Research Analysts Lower Earnings Estimates for Prologis Inc (PLD) - April 20 at 11:45 AM logoCapital One Financial Corp. Analysts Raise Earnings Estimates for Prologis Inc (PLD) - April 20 at 8:11 AM logoPrologis' (PLD) "Outperform" Rating Reiterated at Evercore ISI - April 19 at 5:01 PM logoCapital One Financial Corp. Comments on Prologis Inc's Q1 2018 Earnings (PLD) - April 19 at 3:13 PM logo Brokerages Expect Prologis Inc (PLD) Will Post Quarterly Sales of $607.69 Million - April 19 at 11:58 AM logoLured by incentives, Kohler Co. eyes big expansion in Texas - April 19 at 9:53 AM logoEdited Transcript of PLD earnings conference call or presentation 18-Apr-17 4:00pm GMT - April 19 at 9:53 AM logoPrologis Shares Slip Despite 'High Quality Beat' and Raised Guidance - April 18 at 6:33 PM logoPrologis (PLD) Beats on Q1 FFO Estimates, Raises Outlook - April 18 at 6:33 PM logoPrologis Inc (PLD) Posts Earnings Results, Beats Estimates By $0.01 EPS - April 18 at 2:46 PM logoPrologis Inc (PLD) Issues FY17 Earnings Guidance - April 18 at 10:10 AM logoExclusive: High-end finishes manufacturer looks at big expansion in DeSoto - April 18 at 9:44 AM logoPrologis Q1 Profit Increases, Lifts FY17 Earnings View - April 18 at 9:44 AM logoPrologis Reports First Quarter 2017 Earnings Results - April 18 at 9:44 AM logoPrologis (PLD) Beats on FFO & Revenue Estimates in Q1 - April 18 at 9:44 AM logoPrologis reports 1Q results - April 18 at 9:44 AM logoPrologis beats estimates, boosts guidance - April 18 at 8:33 AM logoSomewhat Critical Media Coverage Very Likely to Affect Prologis (PLD) Share Price - April 17 at 9:27 PM logo$0.62 Earnings Per Share Expected for Prologis Inc (PLD) This Quarter - April 17 at 9:28 AM logoPrologis Inc (PLD) Set to Announce Earnings on Tuesday - April 16 at 7:20 AM logoBTIG Research Reiterates Buy Rating for Prologis Inc (PLD) - April 14 at 6:04 PM logoPrologis (PLD) Receiving Somewhat Favorable Media Coverage, Analysis Finds - April 14 at 2:26 PM logoBrokers Offer Predictions for Prologis Inc's Q1 2017 Earnings (PLD) - April 14 at 8:12 AM logoQ1 2017 EPS Estimates for Prologis Inc (PLD) Reduced by Oppenheimer Holdings - April 14 at 8:12 AM logoPrologis (PLD) to Post Q1 Earnings: What's in the Cards? - April 13 at 7:04 PM



Prologis (PLD) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff