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 Ratio0.44
Current Ratio0.17
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio22.63
Forward P/E Ratio21.06
P/E Growth4.16
Sales & Book Value
Annual Sales$2.62 billion
Price / Sales15.29
Cash Flow$4.7597 per share
Price / Cash13.36
Book Value$40.41 per share
Price / Book1.57
Profitability
EPS (Most Recent Fiscal Year)$2.81
Net Income$1.65 billion
Net Margins51.66%
Return on Equity6.64%
Return on Assets4.26%
Miscellaneous
Employees1,565
Outstanding Shares629,520,000
Market Cap$40.03 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 declared a quarterly dividend on Thursday, September 6th. Investors of record on Monday, September 17th will be paid a dividend of $0.48 per share on Friday, September 28th. This represents a $1.92 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Friday, September 14th. View Prologis' Dividend History.
How were Prologis' earnings last quarter?
Prologis Inc (NYSE:PLD) announced its quarterly earnings results on Tuesday, October, 16th. The real estate investment trust reported $0.72 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.01. The real estate investment trust earned $611 million during the quarter, compared to the consensus estimate of $582.23 million. Prologis had a net margin of 51.66% and a return on equity of 6.64%. The company's revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.63 EPS. View Prologis' Earnings History.
When is Prologis' next earnings date?
What guidance has Prologis issued on next quarter's earnings?
Prologis updated its FY 2018 earnings guidance on Tuesday, October, 16th. The company provided earnings per share (EPS) guidance of $3.00-3.04 for the period. Prologis also updated its FY18 guidance to $3.01-3.03 EPS.
What price target have analysts set for PLD?
15 analysts have issued twelve-month target prices for Prologis' stock. Their predictions range from $65.00 to $79.00. On average, they expect Prologis' share price to reach $71.2143 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Prologis.
What is the consensus analysts' recommendation for Prologis?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 3 hold ratings and 12 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, "Shares of Prologis have outperformed its industry over the past three months. Further, the trend in estimate revisions of current-year funds from operations (FFO) per share indicates a favorable outlook for the company. Recently, the company rolled out the Prologis Community Workforce Initiative (CWI), and a Southern California non-profit organization — EXP — has been signed as the first CWI partner of the former. This move comes amid e-commerce boom, growth of the logistic real estate market at a substantial pace, while shortage of labor remains a pressing concern. Moreover, its acquisition of DCT Industrial will be conducive to FFO per share. However, with rising supply of industrial real estate space, there is lesser scope for robust rent increase. Also, any protectionist trade policies will have an adverse impact on economic growth, as well as the company’s business over the long term. Rate hike remains another concern." (9/18/2018)
- 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), AvalonBay Communities (AVB), Welltower (WELL), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Weyerhaeuser (WY), 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)
Who are Prologis' major shareholders?
Prologis' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.13%), Swedbank (0.37%), Strs Ohio (0.28%), Bank of Montreal Can (0.18%), State of New Jersey Common Pension Fund D (0.13%) and Aperio Group LLC (0.07%). 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 major investors are selling Prologis stock?
PLD stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Manning & Napier Group LLC, Fox Run Management L.L.C., BB&T Corp and Atria Investments LLC. 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 major investors are buying Prologis stock?
PLD stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Bank of Montreal Can, Sabal Trust CO, Huntington National Bank, Strs Ohio, Gateway Investment Advisers LLC, Sumitomo Mitsui Asset Management Company LTD and Swedbank. 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 $63.59.
How big of a company is Prologis?
Prologis has a market capitalization of $40.03 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.
What is Prologis' official website?
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.
