Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2018, 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 685 million square feet (64 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,000 customers across two major categories: business-to-business and retail/online fulfillment.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
SymbolNYSE:PLD
CUSIP74340W10
Phone415-394-9000
Debt
Debt-to-Equity Ratio0.51
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio24.00
Forward P/E Ratio22.40
P/E Growth4.59
Sales & Book Value
Annual Sales$2.62 billion
Price / Sales13.74
Cash Flow$4.9690 per share
Price / Cash13.57
Book Value$35.02 per share
Price / Book1.93
Profitability
EPS (Most Recent Fiscal Year)$2.81
Net Income$1.65 billion
Net Margins74.17%
Return on Equity10.11%
Return on Assets6.36%
Miscellaneous
Employees1,565
Outstanding Shares533,310,000
Market Cap$34.44 billion
Prologis (NYSE:PLD) Frequently Asked Questions
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 announced a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Thursday, June 14th will be paid a dividend of $0.48 per share on Friday, June 29th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Wednesday, June 13th. View Prologis' Dividend History.
How were Prologis' earnings last quarter?
Prologis Inc (NYSE:PLD) released its earnings results on Tuesday, July, 17th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. The real estate investment trust earned $621 million during the quarter, compared to analyst estimates of $557.43 million. Prologis had a return on equity of 10.11% and a net margin of 74.17%. Prologis's revenue for the quarter was down 18.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.84 EPS. View Prologis' Earnings History.
When is Prologis' next earnings date?
What guidance has Prologis issued on next quarter's earnings?
Prologis issued an update on its FY18 earnings guidance on Tuesday, July, 17th. The company provided earnings per share guidance of $2.98-3.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.00.
What price target have analysts set for PLD?
14 equities research analysts have issued twelve-month price objectives for Prologis' stock. Their predictions range from $65.00 to $79.00. On average, they anticipate Prologis' stock price to reach $70.2143 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Prologis.
What is the consensus analysts' recommendation for Prologis?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 1 hold rating and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prologis.
What are Wall Street analysts saying about Prologis stock?
Here are some recent quotes from research analysts about Prologis stock:
- 1. According to Zacks Investment Research, "Prologis’ second-quarter 2018 core funds from operations (FFO) per share came in line with the Zacks Consensus Estimate. Although the company witnessed a weak top line in the quarter, period-end occupancy remained high. Also, Prologis increased and narrowed its guidance for 2018 core FFO per share. Notably, the industrial real estate market is currently enjoying elevated demand for logistics infrastructure amid e-commerce boom and improving economy. Given Prologis’ solid capacity, it remains well poised to capitalize on this trend. Also, shares of Prologis have outperformed its industry in the past year. However, with rising supply of industrial real estate space, there is lesser scope for robust rent and occupancy growth. Any protectionist trade policies will also have an adverse impact on economic growth, as well as the company’s business over the long term. Rate hike remains another concern." (7/18/2018)
- 2. Cantor Fitzgerald analysts commented, "4Q Cash SSNOI (PLD share) increased 5.5% driven by US up 6.8%. The growth was largely driven by rents; cash rents up 8.8% as occupancy remained robust (+10bps y/y to 97.2%)." (1/23/2018)
Who are some of Prologis' key competitors?
Some companies that are related to Prologis include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), DIGITAL RLTY TR/SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
Who are Prologis' key executives?
Prologis' management team includes the folowing people:
- Mr. Hamid R. Moghadam, Chairman & CEO (Age 61)
- Mr. Thomas S. Olinger, Chief Financial Officer (Age 51)
- Mr. Michael S. Curless, Chief Investment Officer (Age 54)
- Mr. Edward S. Nekritz, Chief Legal Officer, Gen. Counsel & Sec. (Age 52)
- Mr. Gary E. Anderson, Chief Exec. Officer of Europe & Asia (Age 52)
Has Prologis been receiving favorable news coverage?
Press coverage about PLD stock has trended somewhat positive on Sunday, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Prologis earned a coverage optimism score of 0.11 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.87 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Prologis.
Who are Prologis' major shareholders?
Prologis' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.76%), FMR LLC (2.97%), Cbre Clarion Securities LLC (1.48%), Dimensional Fund Advisors LP (1.48%), Bank of America Corp DE (1.13%) and Bank of New York Mellon Corp (1.08%). Company insiders that own Prologis stock include Carl B Webb, Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lori A Palazzolo, Michael S Curless, Thomas S Olinger and William D Zollars. View Institutional Ownership Trends for Prologis.
Which institutional investors are selling Prologis stock?
PLD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, American Century Companies Inc., Duff & Phelps Investment Management Co., Russell Investments Group Ltd., Centersquare Investment Management LLC, Standard Life Aberdeen plc and Natixis. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lori A Palazzolo, Michael S Curless, Thomas S Olinger and William D Zollars. View Insider Buying and Selling for Prologis.
Which institutional investors are buying Prologis stock?
PLD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Los Angeles Capital Management & Equity Research Inc., First Republic Investment Management Inc., Long Pond Capital LP, OppenheimerFunds Inc., Renaissance Technologies LLC and Strs Ohio. View Insider Buying and Selling for Prologis.
How do I buy shares of Prologis?
Shares of PLD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Prologis' stock price today?
One share of PLD stock can currently be purchased for approximately $67.43.
How big of a company is Prologis?
Prologis has a market capitalization of $34.44 billion and generates $2.62 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $2.81 on an earnings per share basis. Prologis employs 1,565 workers across the globe.
How can I contact Prologis?
Prologis' mailing address is PIER 1 BAY 1, SAN FRANCISCO CA, 94111. The real estate investment trust can be reached via phone at 415-394-9000 or via email at [email protected]
MarketBeat Community Rating for Prologis (NYSE PLD)
MarketBeat's community ratings are surveys of what our community members think about Prologis and other stocks. Vote "Outperform" if you believe PLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
