NYSE:PLD Prologis Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Prologis Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $97.67 +2.31 (+2.42 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$94.76Now: $97.67▼$97.6950-Day Range$95.30MA: $101.56▼$105.0752-Week Range$59.82Now: $97.67▼$106.73Volume1.61 million shsAverage Volume3.79 million shsMarket Capitalization$72.16 billionP/E Ratio38.15Dividend Yield2.43%Beta0.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 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 768 million square feet (71 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,100 customers across two major categories: business-to-business and retail/online fulfillment.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingPrologis has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 14 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $103.33, Prologis has a forecasted upside of 5.8% from its current price of $97.67.Amount of Analyst CoveragePrologis has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesPrologis has received 840 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPrologis has received 615 “underperform” votes. (Add your “underperform” vote.)Community SentimentPrologis has received 57.73% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldPrologis pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrologis has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Prologis is 70.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Prologis will have a dividend payout ratio of 61.21% next year. This indicates that Prologis will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prologis insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.93% of the stock of Prologis is held by insiders.Percentage Held by Institutions94.75% of the stock of Prologis is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Prologis are expected to grow by 1.88% in the coming year, from $3.72 to $3.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prologis is 38.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Prologis is 38.15, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Earnings Growth RatioPrologis has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPrologis has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.89 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryIndustrial REITs SectorFinance Current SymbolNYSE:PLD Previous SymbolNYSE:AMB CUSIP74340W10 CIK1045609 Webwww.prologis.com Phone415-394-9000Debt Debt-to-Equity Ratio0.43 Current Ratio0.48 Quick Ratio0.48Price-To-Earnings Trailing P/E Ratio38.15 Forward P/E Ratio26.26 P/E Growth3.5 Sales & Book Value Annual Sales$3.33 billion Price / Sales21.66 Cash Flow$4.06 per share Price / Cash Flow24.06 Book Value$41.16 per share Price / Book2.37Profitability EPS (Most Recent Fiscal Year)$3.31 Net Income$1.57 billion Net Margins43.27% Return on Equity5.55% Return on Assets3.66%Miscellaneous Employees1,712 Outstanding Shares738,768,000Market Cap$72.16 billion Next Earnings Date10/20/2020 (Estimated) OptionableOptionable $97.67 +2.31 (+2.42 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PLD News and Ratings via Email Sign-up to receive the latest news and ratings for PLD and its competitors with MarketBeat's FREE daily newsletter. Prologis (NYSE:PLD) Frequently Asked Questions How has Prologis' stock been impacted by Coronavirus (COVID-19)? Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PLD stock has increased by 32.5% and is now trading at $97.67. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Prologis? 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." View analyst ratings for Prologis. When is Prologis' next earnings date? Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020. View our earnings forecast for Prologis. How were Prologis' earnings last quarter? Prologis Inc (NYSE:PLD) issued its quarterly earnings results on Tuesday, July, 21st. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.08. The real estate investment trust had revenue of $945 million for the quarter, compared to analyst estimates of $921.45 million. Prologis had a net margin of 43.27% and a return on equity of 5.55%. Prologis's revenue for the quarter was up 34.8% on a year-over-year basis. During the same quarter last year, the business posted $0.77 EPS. View Prologis' earnings history. How often does Prologis pay dividends? What is the dividend yield for Prologis? Prologis announced a quarterly dividend on Friday, September 4th. Investors of record on Thursday, September 17th will be paid a dividend of $0.58 per share on Wednesday, September 30th. This represents a $2.32 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Wednesday, September 16th. View Prologis' dividend history. What guidance has Prologis issued on next quarter's earnings? 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 EPS estimate of $3.48. What price target have analysts set for PLD? 16 equities research analysts have issued 1-year target prices for Prologis' shares. Their forecasts range from $85.00 to $121.00. On average, they anticipate Prologis' stock price to reach $103.33 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View analysts' price targets for Prologis. Who are some of Prologis' key competitors? Some companies that are related to Prologis include Eastgroup Properties (EGP), First Industrial Realty Trust (FR), Stag Industrial (STAG), Terreno Realty (TRNO) and Monmouth R.E. Inv. (MNR). View all competitors. What other stocks do shareholders of Prologis own? Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), AbbVie (ABBV), salesforce.com (CRM), Visa (V), Alibaba Group (BABA), AT&T (T) and Johnson & Johnson (JNJ). Who are Prologis' key executives? Prologis' management team includes the following people: Mr. Hamid R. Moghadam, Chairman & CEO (Age 62)Mr. Thomas S. Olinger, Chief Financial Officer (Age 52)Mr. Gary E. Anderson, Chief Operating Officer (Age 53)Mr. Michael S. Curless, Chief Investment Officer (Age 55)Mr. Eugene F. Reilly, Chief Investment Officer (Age 57) What is Prologis' stock symbol? Prologis trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLD." Who are Prologis' major shareholders? Prologis' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.04%), BlackRock Inc. (9.72%), APG Asset Management US Inc. (3.52%), FMR LLC (3.42%), Principal Financial Group Inc. (2.13%) and Bank of America Corp DE (1.40%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Irving F Lyons III, Jeffrey L Skelton, Lydia H Kennard, Philip L Hawkins, Thomas S Olinger and William D Zollars. View institutional ownership trends for Prologis. Which institutional investors are selling Prologis stock? PLD stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Vanguard Group Inc., BlackRock Inc., FMR LLC, Bank of New York Mellon Corp, Toronto Dominion Bank, Healthcare of Ontario Pension Plan Trust Fund, and Cbre Clarion Securities LLC. 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. Which institutional investors are buying Prologis stock? PLD stock was bought by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Principal Financial Group Inc., APG Asset Management US Inc., Bank of America Corp DE, PGGM Investments, Prudential Financial Inc., Bank of Montreal Can, and Resolution Capital Ltd. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Prologis' stock price today? One share of PLD stock can currently be purchased for approximately $97.67. How big of a company is Prologis? Prologis has a market capitalization of $72.16 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. What is Prologis' official website? The official website for Prologis is 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
