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: Industrial REITs
  • Sub-Industry: Industrial REITs
  • Symbol: NYSE:PLD
  • CUSIP: 74340W10
  • Web:
  • Market Cap: $34.33 billion
  • Outstanding Shares: 531,862,000
Average Prices:
  • 50 Day Moving Avg: $64.22
  • 200 Day Moving Avg: $59.20
  • 52 Week Range: $45.93 - $65.63
  • Trailing P/E Ratio: 29.31
  • Foreward P/E Ratio: 41.38
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $2.94 billion
  • Price / Sales: 11.68
  • Book Value: $27.80 per share
  • Price / Book: 2.32
  • Annual Dividend: $1.76
  • Dividend Yield: 2.8%
  • EBITDA: $1.96 billion
  • Net Margins: 68.50%
  • Return on Equity: 9.92%
  • Return on Assets: 5.99%
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 0.41%
  • Quick Ratio: 0.52%
  • Average Volume: 2.01 million shs.
  • Beta: 0.92
  • Short Ratio: 2.44

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 announced a quarterly dividend on Thursday, September 7th. Investors of record on Monday, September 18th will be given a dividend of $0.44 per share on Friday, September 29th. This represents a $1.76 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend is Friday, September 15th. View Prologis' Dividend History.

How were Prologis' earnings last quarter?

Prologis, Inc. (NYSE:PLD) posted its quarterly earnings results on Tuesday, October, 17th. The company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.67. The firm had revenue of $531.18 million for the quarter, compared to analyst estimates of $573.68 million. Prologis had a return on equity of 9.92% and a net margin of 68.50%. The business's revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 EPS. View Prologis' Earnings History.

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

Prologis issued an update on its FY17 earnings guidance on Tuesday, October, 17th. The company provided EPS guidance of $2.79-2.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.81.

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

14 brokerages have issued twelve-month price targets for Prologis' stock. Their forecasts range from $55.00 to $69.00. On average, they anticipate Prologis' stock price to reach $63.29 in the next year. View Analyst Ratings for Prologis.

Who are some of Prologis' key competitors?

Who are Prologis' key executives?

Prologis' management team includes the folowing people:

  • Hamid R. Moghadam, Chairman of the Board, Chief Executive Officer
  • Thomas S. Olinger, Chief Financial Officer
  • Gary E. Anderson, Chief Executive Officer, Europe and Asia
  • Eugene F. Reilly, Chief Executive Officer, The Americas
  • Michael S. Curless, Chief Investment Officer
  • Edward S. Nekritz J.D., Chief Legal Officer , General Counsel, Secretary
  • Irving F. Lyons III, Lead Independent Director
  • George L. Fotiades, Independent Director
  • Lydia H. Kennard, Independent Director
  • J. Michael Losh, Independent Director

Who owns Prologis stock?

Prologis' stock is owned by a number of of institutional and retail investors. Top institutional investors include Eqis Capital Management Inc. (0.00%). Company insiders that own Prologis stock include Carl B Webb, Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, J Michael Losh, Lori A Palazzolo, Michael S Curless and Thomas S Olinger. View Institutional Ownership Trends 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 Eqis Capital Management Inc.. 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.

What is Prologis' stock price today?

One share of Prologis stock can currently be purchased for approximately $64.55.

MarketBeat Community Rating for Prologis (NYSE PLD)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  409 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  739
MarketBeat's community ratings are surveys of what our community members think about Prologis and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Prologis (NYSE:PLD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $63.29 (1.96% downside)
Consensus Price Target History for Prologis (NYSE:PLD)
Price Target History for Prologis (NYSE:PLD)
Analysts' Ratings History for Prologis (NYSE:PLD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Citigroup Inc.Boost Price TargetNeutral$63.00 -> $66.00N/AView Rating Details
10/17/2017BMO Capital MarketsSet Price TargetBuy$69.00N/AView Rating Details
10/16/2017KeyCorpBoost Price TargetBuy$65.00 -> $68.00N/AView Rating Details
10/12/2017SunTrust Banks, Inc.Reiterated RatingBuy$68.00N/AView Rating Details
9/27/2017BTIG ResearchReiterated RatingBuy$62.00 -> $68.00MediumView Rating Details
9/21/2017Stifel NicolausReiterated RatingBuy$65.00LowView Rating Details
8/24/2017Jefferies Group LLCReiterated RatingHold$59.00 -> $66.00MediumView Rating Details
7/24/2017Barclays PLCReiterated RatingOverweight$59.00 -> $61.00LowView Rating Details
7/21/2017Evercore ISIReiterated RatingOutperform$61.00 -> $64.00LowView Rating Details
6/23/2017Bank of America CorporationUpgradeNeutral -> Buy$58.00 -> $65.00MediumView Rating Details
6/8/2017Royal Bank Of CanadaReiterated RatingBuy$59.00LowView 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 CorporationUpgradeUnderweight -> Equal Weight$53.00N/AView Rating Details
9/6/2016Morgan StanleySet Price TargetBuy$58.00N/AView Rating Details
9/4/2016Wells Fargo & CompanyReiterated RatingHold -> NeutralN/AView Rating Details
7/20/2016Credit Suisse GroupDowngradeOutperform -> Neutral$48.00N/AView Rating Details
7/20/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
6/21/2016Deutsche Bank AGDowngradeBuy -> Hold$48.00 -> $50.00N/AView Rating Details
1/29/2016BB&T CorporationBoost Price Target$46.00 -> $49.00N/AView Rating Details
12/14/2015Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$40.50 -> $36.00N/AView Rating Details
(Data available from 10/20/2015 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
10/17/2017Q3 2017$0.67$0.67$573.68 million$531.18 millionViewN/AView Earnings Details
7/18/2017Q2 2017$0.78$0.84$576.00 million$766.18 millionViewN/AView Earnings Details
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: $2.66
2018 EPS Consensus Estimate: $2.84
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.61$0.63$0.62
Q2 20174$0.63$0.79$0.69
Q3 20175$0.65$0.66$0.66
Q4 20175$0.67$0.73$0.70
Q1 20183$0.70$0.70$0.70
Q2 20183$0.70$0.72$0.71
Q3 20183$0.68$0.72$0.70
Q4 20183$0.68$0.75$0.72
(Data provided by Zacks Investment Research)


Current Dividend Information for Prologis (NYSE:PLD)
Most Recent Dividend:9/29/2017
Annual Dividend:$1.76
Dividend Yield:2.73%
Dividend Growth:14.50% (3 Year Average)
Payout Ratio:52.85% (Trailing 12 Months of Earnings)
-651.85% (Based on This Year's Estimates)
112.82% (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: 1.31%
Institutional Ownership Percentage: 95.91%
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
7/28/2017Carl B WebbDirectorSell20,000$61.38$1,227,600.00View SEC Filing  
6/15/2017Gary E. AndersonCEOSell65,000$58.55$3,805,750.00View SEC Filing  
6/2/2017Edward S NekritzInsiderSell16,850$56.98$960,113.00View SEC Filing  
6/2/2017Hamid R MoghadamCEOSell71,102$56.34$4,005,886.68View SEC Filing  
6/1/2017Hamid R MoghadamCEOSell14,067$56.00$787,752.00View SEC Filing  
5/30/2017Hamid R MoghadamCEOSell271,788$56.04$15,230,999.52View SEC Filing  
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) PT Raised to $66.00 at Citigroup Inc. - October 19 at 3:50 PM logoPrologis CEO on the e-commerce effect on warehouses - October 19 at 7:33 AM logoEarnings Review and Free Research Report: Prologis Beat Revenue Estimates; Met FFO Expectations - October 19 at 7:33 AM logoPrologis Updates 2017 Earnings Guidance - Quick Facts - October 18 at 2:10 AM logoEdited Transcript of PLD earnings conference call or presentation 17-Oct-17 4:00pm GMT - October 18 at 2:10 AM logoForget Rate Tantrums, Bet on REIT ETFs - October 17 at 9:09 PM logoPrologis (PLD) Q3 FFO Meets Estimates, Revenues Beat - Nasdaq - October 17 at 4:06 PM logoPrologis (PLD) Q3 Revenues Beat on Higher Rents, FFO in Line - Nasdaq - October 17 at 4:06 PM logoPrologis Reports Third Quarter 2017 Earnings Results - October 17 at 4:06 PM logoPrologis reports 3Q results - October 17 at 4:06 PM logoPrologis (PLD) Q3 FFO Meets Estimates, Revenues Beat - October 17 at 4:06 PM logoPrologis (PLD) Q3 Revenues Beat on Higher Rents, FFO in Line - October 17 at 4:06 PM logoPrologis, Inc. (PLD) Announces Earnings Results - October 17 at 11:12 AM logoPrologis, Inc. (PLD) PT Set at $69.00 by BMO Capital Markets - October 17 at 10:56 AM logoPrologis, Inc. (PLD) Updates FY17 Earnings Guidance - October 17 at 9:23 AM logoWill Rise in Supply Impact SL Green's (SLG) Q3 Earnings? - October 17 at 6:18 AM logoPrologis, Inc. (PLD) Given Buy Rating at KeyCorp - October 16 at 1:38 PM logoPrologis, Inc. (PLD) Stock Rating Reaffirmed by SunTrust Banks, Inc. - October 12 at 8:20 PM logoPrologis, Inc. (PLD) to Release Earnings on Wednesday - October 11 at 1:56 AM logoPrologis, Inc. : PLD-US: Dividend Analysis : September 18th, 2017 (record date) : By the numbers : October 6, 2017 - October 7 at 7:23 AM logoPLD Crosses Above Average Analyst Target - October 5 at 9:40 PM logoBuy Ranking for Prologis (PLD) Kept - - October 5 at 4:37 PM logoPrologis to Announce Third Quarter 2017 Results October 17 - October 2 at 10:30 AM logoPrologis, Inc. (PLD) Receives Average Recommendation of "Buy" from Brokerages - October 1 at 6:50 PM logoPrologis, Inc. (PLD) Earns Buy Rating from KeyCorp - September 29 at 11:08 PM logoPrologis Inc (PLD): Risks You Need To Consider Before Buying - September 29 at 12:26 PM logoForget Rate Moves, Industrial REITs are Poised to Excel - September 28 at 10:28 AM logoWhy Should You Add Prologis (PLD) to Your Portfolio Now? - Nasdaq - September 27 at 11:01 PM logoBTIG Research Reaffirms "Buy" Rating for Prologis, Inc. (PLD) - September 27 at 1:36 PM logoTop Analyst Upgrades and Downgrades: Albermarle, Blue Apron, Box, Dish Network, GM, Transocean, Under Armour and More - September 25 at 11:44 AM logoHere's Why You Should Hold on to Kimco (KIM) Stock for Now - September 25 at 11:44 AM logoHere's Why You Should Hold on to Kimco (KIM) Stock for Now - September 25 at 11:43 AM logoAnalyzing Prologis (PLD) & Rexford Industrial Realty (REXR) - September 23 at 6:52 AM logoWhy Prologis Has a Downward Sloping Dividend Yield Curve - September 22 at 1:18 PM logoPrologis, Inc. (PLD) Receives "Buy" Rating from Stifel Nicolaus - September 21 at 1:52 PM logoDaily Technical Summary Reports on REIT Stocks -- Uniti, DCT Industrial Trust, Prologis, and QTS Realty Trust - September 20 at 7:47 AM logoReviewing Prologis (PLD) & Duke Realty Corporation (DRE) - September 20 at 4:28 AM logo$616.76 Million in Sales Expected for Prologis, Inc. (PLD) This Quarter - September 18 at 5:44 AM logoPrologis Reports No Significant Damage from Hurricane Irma - September 15 at 7:40 AM logoPrologis and Simon Property Are Top REIT Picks - September 13 at 7:50 AM logoPrologis, Inc. (PLD) Receives New Coverage from Analysts at BMO Capital Markets - September 11 at 9:32 PM logoPrologis Declares Quarterly Dividends and Announces Redemption of 4.00% Notes due 2018 - September 8 at 7:11 AM logoPrologis Inc (PLD) Declares $0.44 Quarterly Dividend - September 7 at 5:28 PM logoPrologis to Participate in Industry Conferences in New York City in September - September 7 at 7:43 AM logoPrologis, Inc. (PLD) Receives Consensus Rating of "Buy" from Brokerages - September 6 at 9:04 PM logoAnalysts Set Expectations for Prologis, Inc.'s Q1 2018 Earnings (PLD) - September 6 at 9:29 AM logoPrologis Reports No Significant Damage from Hurricane Harvey - September 5 at 5:22 PM logoComparing DCT Industrial Trust (DCT) & Prologis (PLD) - September 5 at 12:17 PM logoThe Most Overhyped REIT In The World - September 5 at 6:13 AM logoReviewing Duke Realty Corporation (DRE) and Prologis (PLD) - September 1 at 12:30 AM



Prologis (PLD) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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