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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.31%. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) announced its quarterly earnings data on Tuesday, October, 15th. The real estate investment trust reported $0.71 EPS for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.23. The real estate investment trust earned $712 million during the quarter, compared to the consensus estimate of $715.40 million. Prologis had a return on equity of 6.92% and a net margin of 53.87%. Prologis's revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the business 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 EPS estimate of $3.28.

13 brokers have issued 1-year price targets for Prologis' stock. Their forecasts range from $71.00 to $101.00. On average, they expect Prologis' stock price to reach $88.96 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. 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.

News coverage about PLD stock has trended somewhat negative on Friday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring 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 news impact score of -1.0 on InfoTrie's scale. They also assigned media coverage 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 sold short. 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 a variety of 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 $91.65.

Prologis has a market capitalization of $57.90 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]