NYSE:PLD - Prologis Stock Price, Forecast & News

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

Prologis declared a quarterly dividend on Thursday, December 5th. Investors of record on Thursday, December 19th will be paid a dividend of $0.53 per share on Tuesday, December 31st. This represents a $2.12 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Wednesday, December 18th. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) posted its quarterly earnings results on Tuesday, October, 15th. The real estate investment trust reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.23. The real estate investment trust earned $712 million during the quarter, compared to analyst estimates of $715.40 million. Prologis had a net margin of 53.87% and a return on equity of 6.92%. The business's revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 earnings per share. View Prologis' Earnings History.

Prologis is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Prologis.

Prologis updated its FY19 earnings guidance on Tuesday, October, 15th. The company provided earnings per share guidance of $3.30-3.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.28.

13 brokerages have issued 1-year price objectives for Prologis' stock. Their forecasts range from $71.00 to $101.00. On average, they anticipate Prologis' stock price to reach $89.71 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for Prologis.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 1 hold rating, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prologis.

Media coverage about PLD stock has been trending somewhat negative on Wednesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Prologis earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Prologis.

Prologis saw a increase in short interest in November. As of November 29th, there was short interest totalling 13,020,000 shares, an increase of 8.6% from the November 14th total of 11,990,000 shares. Based on an average trading volume of 2,680,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 2.1% of the shares of the stock are short sold. View Prologis' Current Options Chain.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Visa (V), Honeywell International (HON), Walt Disney (DIS), AT&T (T), Paypal (PYPL) and Bank of America (BAC).

Prologis' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (6.95%), Daiwa Securities Group Inc. (1.04%), Resolution Capital Ltd (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.50%), Russell Investments Group Ltd. (0.44%) and Massachusetts Financial Services Co. MA (0.29%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lori A Palazzolo, Lydia H Kennard, Michael S Curless, 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 Boston Partners, Resolution Capital Ltd, Daiwa Securities Group Inc., Strs Ohio, AMF Pensionsforsakring AB, Millennium Management LLC, Artemis Investment Management LLP and Teacher Retirement System of Texas. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, Lydia H Kennard, Philip L Hawkins, Thomas S Olinger and William D Zollars. View Insider Buying and Selling for Prologis.

PLD stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, Mackay Shields LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc. and EP Wealth Advisors LLC. View Insider Buying and Selling 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 $89.80.

Prologis has a market capitalization of $56.73 billion and generates $2.80 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $3.03 on an earnings per share basis. Prologis employs 1,617 workers across the globe.View Additional Information About Prologis.

The official website for Prologis is http://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]