NYSE:PLD - Prologis Stock Price, News, & Analysis

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$64.70 +0.65 (+1.01 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$64.05
Today's Range$63.99 - $64.94
52-Week Range$55.21 - $68.95
Volume2.39 million shs
Average Volume2.48 million shs
Market Capitalization$40.73 billion
P/E Ratio23.02
Dividend Yield2.97%
Beta0.86
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of September 30, 2018, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 771 million square feet (72 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,500 customers across two major categories: business-to-business and retail/online fulfillment.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP74340W10
Phone415-394-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.62 billion
Cash Flow$4.7574 per share
Book Value$35.02 per share

Profitability

Net Income$1.65 billion

Miscellaneous

Employees1,565
Market Cap$40.73 billion
OptionableOptionable

Prologis (NYSE:PLD) Frequently Asked Questions

What is Prologis' stock symbol?

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

How often does Prologis pay dividends? What is the dividend yield for Prologis?

Prologis declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Tuesday, December 18th will be given a dividend of $0.48 per share on Monday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Monday, December 17th. View Prologis' Dividend History.

How were Prologis' earnings last quarter?

Prologis Inc (NYSE:PLD) issued its earnings results on Tuesday, October, 16th. The real estate investment trust reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.01. The real estate investment trust had revenue of $611 million for the quarter, compared to the consensus estimate of $582.23 million. Prologis had a net margin of 51.66% and a return on equity of 6.65%. The firm's quarterly revenue was up 14.2% compared to the same quarter last year. During the same period last year, the company posted $1.63 EPS. View Prologis' Earnings History.

When is Prologis' next earnings date?

Prologis is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Prologis.

How can I listen to Prologis' earnings call?

Prologis will be holding an earnings conference call on Tuesday, January 22nd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.

What price target have analysts set for PLD?

13 analysts have issued 1 year price objectives for Prologis' shares. Their forecasts range from $65.00 to $79.00. On average, they anticipate Prologis' share price to reach $71.4615 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Prologis.

What is the consensus analysts' recommendation 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 and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prologis.

What are Wall Street analysts saying about Prologis stock?

Here are some recent quotes from research analysts about Prologis stock:
  • 1. According to Zacks Investment Research, "Prologis reported third-quarter 2018 core funds from operations (FFO) per share of 72 cents, beating the Zacks Consensus Estimate by a penny. The company witnessed solid top-line growth in the quarter, while period-end occupancy remained high. Management noted that integration of the DCT Industrial acquisition on Aug 22 is complete and the expected run rate of $80 million per year of immediate savings has already been attained. The company remains well poised to grow as high consumer spending, e-commerce boom and a healthy manufacturing environment amid recovering economy and job market are spurring demand for the industrial real estate category.Further, shares of Prologis have outperformed its industry over the past three months. Nonetheless, a whole lot of new buildings are slated to be completed and made available in the market in the near term. Also, intensifying trade tensions and rate hike remain other concerns." (10/22/2018)
  • 2. Cantor Fitzgerald analysts commented, "4Q Cash SSNOI (PLD share) increased 5.5% driven by US up 6.8%. The growth was largely driven by rents; cash rents up 8.8% as occupancy remained robust (+10bps y/y to 97.2%)." (1/23/2018)

Has Prologis been receiving favorable news coverage?

News stories about PLD stock have been trending very positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. 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 3.2 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are some of Prologis' key competitors?

Who are Prologis' key executives?

Prologis' management team includes the folowing people:
  • Mr. Hamid R. Moghadam, Chairman & CEO (Age 62)
  • Mr. Thomas S. Olinger, Chief Financial Officer (Age 52)
  • Mr. Michael S. Curless, Chief Investment Officer (Age 55)
  • Mr. Edward S. Nekritz, Chief Legal Officer, Gen. Counsel & Sec. (Age 53)
  • Mr. Gary E. Anderson, Chief Exec. Officer of Europe & Asia (Age 53)

Who are Prologis' major shareholders?

Prologis' stock is owned by many different of retail and institutional investors. Top institutional investors include Resolution Capital Ltd (0.81%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%), Timbercreek Investment Management Inc. (0.03%), Gulf International Bank UK Ltd (0.02%) and Moody National Bank Trust Division (0.02%). Company insiders that own Prologis stock include Carl B Webb, Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lori A Palazzolo, Michael S Curless, Philip L Hawkins, Thomas S Olinger and William D Zollars. View Institutional Ownership Trends for Prologis.

Which major investors are selling Prologis stock?

PLD stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, QUANTRES ASSET MANAGEMENT Ltd, Timbercreek Investment Management Inc., Louisiana State Employees Retirement System, DNB Asset Management AS, First Hawaiian Bank, Hedeker Wealth LLC and Highland Capital Management LLC. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Michael S Curless, Philip L Hawkins and William D Zollars. View Insider Buying and Selling for Prologis.

Which major investors are buying Prologis stock?

PLD stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Weather Gauge Advisory LLC, Hotaling Investment Management LLC, Bourgeon Capital Management LLC, Gateway Investment Advisers LLC, Advisors Capital Management LLC, YHB Investment Advisors Inc. and Hudson Valley Investment Advisors Inc. ADV. View Insider Buying and Selling for Prologis.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Prologis' stock price today?

One share of PLD stock can currently be purchased for approximately $64.70.

How big of a company is Prologis?

Prologis has a market capitalization of $40.73 billion and generates $2.62 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $2.81 on an earnings per share basis. Prologis employs 1,565 workers across the globe.

What is Prologis' official website?

The official website for Prologis is http://www.prologis.com.

How can I contact Prologis?

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]


MarketBeat Community Rating for Prologis (NYSE PLD)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  611 (Vote Outperform)
Underperform Votes:  529 (Vote Underperform)
Total Votes:  1,140
MarketBeat's community ratings are surveys of what our community members think about Prologis and other stocks. Vote "Outperform" if you believe PLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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