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 Monday, September 9th. Stockholders of record on Friday, September 20th will be given a dividend of $0.53 per share on Monday, September 30th. This represents a $2.12 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, September 19th. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) released its quarterly earnings results on Tuesday, October, 15th. The real estate investment trust reported $0.71 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.23. The real estate investment trust had revenue of $712 million for the quarter, compared to analysts' expectations of $715.40 million. Prologis had a net margin of 53.87% and a return on equity of 6.92%. Prologis's revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.72 EPS. 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 (EPS) guidance of $3.30-3.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.28.

13 brokers have issued twelve-month price objectives for Prologis' shares. Their forecasts range from $71.00 to $101.00. On average, they expect Prologis' stock price to reach $88.96 in the next year. This suggests that the stock has a possible downside of 2.6%. 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 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prologis.

Media headlines about PLD stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Prologis earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned media 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 stock's share price in the near term. View News Stories for Prologis.

Prologis saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,950,000 shares, an increase of 35.2% from the October 31st total of 6,620,000 shares. Based on an average trading volume of 2,470,000 shares, the short-interest ratio is presently 3.6 days. Approximately 1.4% of the shares of the company 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), Honeywell International (HON), Visa (V), Walt Disney (DIS), AT&T (T), Paypal (PYPL) and UnitedHealth Group (UNH).

Prologis' stock is owned by many different of institutional and retail investors. Top institutional investors 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 purchased 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 $91.35.

Prologis has a market capitalization of $57.71 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]