Prologis Stock Price, Forecast & Analysis (NYSE:PLD)

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

Prologis declared a quarterly dividend on Monday, September 9th. Investors of record on Friday, September 20th will be paid a dividend of $0.53 per share on Monday, September 30th. This represents a $2.12 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date is Thursday, September 19th. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) announced its quarterly earnings results on Tuesday, October, 15th. The real estate investment trust reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.23. The real estate investment trust had revenue of $712 million for the quarter, compared to analyst estimates of $715.40 million. Prologis had a return on equity of 6.92% and a net margin of 53.87%. The business's revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 EPS guidance of $3.30-3.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.28.

13 brokerages have issued 12 month price targets for Prologis' stock. Their forecasts range from $71.00 to $101.00. On average, they anticipate Prologis' share price to reach $88.96 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. 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 very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Prologis earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Prologis.

Prologis saw a increase in short interest in October. As of October 15th, there was short interest totalling 6,620,000 shares, an increase of 6.4% from the September 15th total of 6,220,000 shares. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is presently 3.2 days. Approximately 1.1% of the shares of the stock 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 Walt Disney (DIS), NVIDIA (NVDA), Bank of America (BAC), United Technologies (UTX), Cisco Systems (CSCO), CVS Health (CVS), AbbVie (ABBV), Alibaba Group (BABA), AT&T (T) and Honeywell International (HON).

Prologis' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Daiwa Securities Group Inc. (1.04%), Resolution Capital Ltd (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.50%), Russell Investments Group Ltd. (0.44%), Massachusetts Financial Services Co. MA (0.29%) and Duff & Phelps Investment Management Co. (0.26%). 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 Resolution Capital Ltd, Daiwa Securities Group Inc., Strs Ohio, AMF Pensionsforsakring AB, Artemis Investment Management LLP, Teacher Retirement System of Texas, Massachusetts Financial Services Co. MA and State of Alaska Department of Revenue. 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 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., Nisa Investment Advisors LLC and RiverFront Investment Group 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 $89.10.

Prologis has a market capitalization of $56.29 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]