NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PLD stock has increased by 42.6% and is now trading at $105.07.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020.
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Prologis Inc (NYSE:PLD) announced its quarterly earnings results on Tuesday, July, 21st. The real estate investment trust reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.08. The real estate investment trust had revenue of $945 million for the quarter, compared to analyst estimates of $921.45 million. Prologis had a return on equity of 5.55% and a net margin of 43.27%. Prologis's quarterly revenue was up 34.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 earnings per share.
View Prologis' earnings history.

Prologis declared a quarterly dividend on Wednesday, April 29th. Investors of record on Tuesday, June 16th will be given a dividend of $0.58 per share on Tuesday, June 30th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Monday, June 15th.
View Prologis' dividend history.

Prologis updated its FY20 earnings guidance on Tuesday, July, 21st. The company provided earnings per share (EPS) guidance of $3.70-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48.

16 Wall Street analysts have issued 1-year target prices for Prologis' stock. Their forecasts range from $85.00 to $121.00. On average, they anticipate Prologis' stock price to reach $100.33 in the next year. This suggests that the stock has a possible downside of 4.5%.
View analysts' price targets for Prologis.

Press coverage about PLD stock has been trending very positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Prologis earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Prologis.

Some companies that are related to Prologis include First Industrial Realty Trust (FR), Eastgroup Properties (EGP), Stag Industrial (STAG), Terreno Realty (TRNO) and Monmouth R.E. Inv. (MNR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), AT&T (T), Visa (V), AbbVie (ABBV), Honeywell International (HON) and Bank of America (BAC).

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

Prologis' stock is owned by a number of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.13%), PGGM Investments (1.06%), Sumitomo Mitsui Trust Holdings Inc. (0.84%), Resolution Capital Ltd (0.73%), Russell Investments Group Ltd. (0.47%) and Swiss National Bank (0.40%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lydia H Kennard, Philip L Hawkins, Thomas S Olinger and William D Zollars.
View institutional ownership trends for Prologis.

PLD stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, SG Americas Securities LLC, Prudential PLC, Scout Investments Inc., Foundry Partners LLC, Colony Capital Inc., Sumitomo Mitsui Trust Holdings Inc., and New York State Common Retirement Fund. Company insiders that have sold Prologis company stock in the last year include George L Fotiades, Jeffrey L Skelton, and Lydia H Kennard.
View insider buying and selling activity for Prologis.

PLD stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., PGGM Investments, Resolution Capital Ltd, Russell Investments Group Ltd., Duff & Phelps Investment Management Co., Alphinity Investment Management Pty Ltd, Foster Dykema Cabot & Co. Inc. MA, and Rafferty Asset Management LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of PLD stock can currently be purchased for approximately $105.07.

Prologis has a market capitalization of $77.62 billion and generates $3.33 billion in revenue each year. The real estate investment trust earns $1.57 billion in net income (profit) each year or $3.31 on an earnings per share basis. Prologis employs 1,712 workers across the globe.

The official website for Prologis is www.prologis.com.

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]