NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PLD shares have increased by 43.3% and is now trading at $105.59.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020.
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Prologis Inc (NYSE:PLD) announced its quarterly earnings results on Tuesday, July, 21st. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.08. The real estate investment trust earned $945 million during the quarter, compared to analysts' expectations of $921.45 million. Prologis had a net margin of 43.27% and a return on equity of 5.55%. The company's quarterly revenue was up 34.8% on a year-over-year basis. During the same period last year, the company earned $0.77 EPS.
View Prologis' earnings history.

Prologis declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.58 per share on Tuesday, June 30th. This represents a $2.32 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Monday, June 15th.
View Prologis' dividend history.

Prologis updated its FY20 earnings guidance on Tuesday, July, 21st. The company provided EPS guidance of $3.70-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

16 analysts have issued twelve-month target prices for Prologis' stock. Their forecasts range from $85.00 to $115.00. On average, they anticipate Prologis' share price to reach $98.27 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts' price targets for Prologis.

News stories about PLD stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Prologis earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.
View the latest news about Prologis.

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

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

Prologis' stock is owned by a variety of institutional and retail investors. Top institutional investors include PGGM Investments (1.06%), Sumitomo Mitsui Trust Holdings Inc. (0.84%), Resolution Capital Ltd (0.73%), Aew Capital Management L P (0.29%), Strs Ohio (0.18%) and New York State Teachers Retirement System (0.14%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lydia H Kennard, 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 SG Americas Securities LLC, Prudential PLC, Scout Investments Inc., Foundry Partners LLC, Sumitomo Mitsui Trust Holdings Inc., First Trust Advisors LP, Raymond James & Associates, and Adams Diversified Equity Fund Inc.. Company insiders that have sold Prologis company stock in the last year include George L Fotiades, Jeffrey L Skelton, and Lydia H Kennard.
View insider buying and selling activity for Prologis.

PLD stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Resolution Capital Ltd, Alley Co LLC, Aew Capital Management L P, Envestnet Asset Management Inc., Candriam Luxembourg S.C.A., DekaBank Deutsche Girozentrale, and Pacer Advisors Inc..
View insider buying and selling activity 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 $105.59.

Prologis has a market capitalization of $78.01 billion and generates $3.33 billion in revenue each year. The real estate investment trust earns $1.57 billion in net income (profit) each year or $3.31 on an earnings per share basis. Prologis employs 1,712 workers across the globe.

The official website for Prologis is 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]