Prologis Stock Forecast, Price & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLD stock has increased by 40.1% and is now trading at $103.24.
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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 Wednesday, January 27th 2021.
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Prologis Inc (NYSE:PLD) released its earnings results on Tuesday, October, 20th. The real estate investment trust reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.88 by $0.48. The real estate investment trust earned $984 million during the quarter, compared to analysts' expectations of $955.32 million. Prologis had a return on equity of 5.55% and a net margin of 43.27%. Prologis's revenue was up 38.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.97 EPS.
View Prologis' earnings history.

Prologis declared a quarterly dividend on Friday, September 4th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.58 per share on Wednesday, September 30th. This represents a $2.32 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Wednesday, September 16th.
View Prologis' dividend history.

Prologis issued an update on its FY20 earnings guidance on Tuesday, October, 20th. The company provided EPS guidance of $3.76-3.78 for the period, compared to the Thomson Reuters consensus estimate of $3.48.

16 analysts have issued 12 month price targets for Prologis' stock. Their forecasts range from $85.00 to $126.00. On average, they anticipate Prologis' stock price to reach $106.36 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for Prologis.

Some companies that are related to Prologis include Eastgroup Properties (EGP), First Industrial Realty Trust (FR), Stag Industrial (STAG), Terreno Realty (TRNO) and Monmouth Real Estate Investment (MNR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), The Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), salesforce.com (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Visa (V) and AT&T (T).

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 shareholders include PGGM Investments (1.16%), Standard Life Aberdeen plc (0.24%), Envestnet Asset Management Inc. (0.10%), Nisa Investment Advisors LLC (0.08%), State of Alaska Department of Revenue (0.05%) and Sabal Trust CO (0.04%). 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.

PLD stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Redpoint Investment Management Pty Ltd, Sabal Trust CO, Retirement Systems of Alabama, Sigma Investment Counselors Inc., and Eii Capital Management 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 bought by a variety of institutional investors in the last quarter, including PGGM Investments, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, Candriam Luxembourg S.C.A., Pacer Advisors Inc., Silverleafe Capital Partners LLC, Forsta AP Fonden, and Wakefield Asset Management LLLP.
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 $103.24.

Prologis has a market capitalization of $76.27 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]