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Closing prices for crude oil, gold and other commodities
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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
3rd Massive Dollar Upheaval Has Started (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
3rd Massive Dollar Upheaval Has Started (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
3rd Massive Dollar Upheaval Has Started (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry

Prologis - PLD Stock Forecast, Price & News

$134.08
-2.55 (-1.87%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$133.50
$136.85
50-Day Range
$108.43
$138.38
52-Week Range
$106.46
$174.54
Volume
2.49 million shs
Average Volume
3.69 million shs
Market Capitalization
$99.27 billion
P/E Ratio
26.82
Dividend Yield
2.31%
Price Target
$171.17

Prologis MarketRank™ Forecast

Analyst Rating
Buy
3.22 Rating Score
Upside/​Downside
27.7% Upside
$171.17 Price Target
Short Interest
Healthy
2.32% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
0.37mentions of Prologis in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1.78 M Bought Last Quarter
Proj. Earnings Growth
11.41%
From $5.17 to $5.76 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.13 out of 5 stars

Finance Sector

48th out of 896 stocks

Real Estate Investment Trusts Industry

7th out of 194 stocks

PLD stock logo

About Prologis (NYSE:PLD) Stock

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, 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 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

Prologis Trading Down 1.9 %

Prologis stock traded down $2.55 during mid-day trading on Friday, hitting $134.08. The company's stock had a trading volume of 2,491,730 shares, compared to its average volume of 3,686,385. The business has a 50 day moving average price of $123.98 and a 200-day moving average price of $139.67. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.42 and a quick ratio of 0.42. Prologis has a 12 month low of $106.46 and a 12 month high of $174.54. The stock has a market cap of $99.27 billion, a price-to-earnings ratio of 26.82, a price-to-earnings-growth ratio of 2.71 and a beta of 0.87.

Prologis (NYSE:PLD - Get Rating) last released its quarterly earnings data on Monday, July 18th. The real estate investment trust reported $0.82 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.30). Prologis had a return on equity of 9.85% and a net margin of 75.72%. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter in the prior year, the firm posted $1.01 EPS. The firm's quarterly revenue was up 8.8% on a year-over-year basis. As a group, analysts forecast that Prologis will post 5.17 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PLD shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Prologis from $179.00 to $184.00 and gave the company a "buy" rating in a research note on Friday, April 22nd. Wells Fargo & Company boosted their price objective on Prologis from $160.00 to $163.00 and gave the stock an "overweight" rating in a report on Thursday, August 11th. Evercore ISI set a $134.00 target price on shares of Prologis in a research note on Tuesday, July 19th. Barclays dropped their target price on shares of Prologis from $190.00 to $183.00 and set an "overweight" rating for the company in a research report on Thursday, July 21st. Finally, Truist Financial decreased their price target on shares of Prologis from $166.00 to $162.00 and set a "na" rating on the stock in a report on Monday, May 16th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $171.17.

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PLD Stock News Headlines

3 Brilliant Ways to Earn Regular Passive Income
Prologis (NYSE:PLD) PT Lowered to $150.00 at Truist Financial
Here's Why Prologis Sees Huge Rent Increases
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PLD Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2022
Dividend Payable
6/30/2022
Last Earnings
7/18/2022
Today
8/19/2022
Next Earnings (Estimated)
10/21/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
Sector
Finance
CUSIP
74340W10
Employees
2,053
Year Founded
1983

Price Target and Rating

Average Stock Price Forecast
$171.17
High Stock Price Forecast
$209.00
Low Stock Price Forecast
$134.00
Forecasted Upside/Downside
+27.7%
Consensus Rating
Buy
Rating Score (0-4)
3.22
Research Coverage
9 Analysts

Profitability

Net Income
$2.94 billion
Pretax Margin
84.01%

Debt

Sales & Book Value

Annual Sales
$4.76 billion
Cash Flow
$5.78 per share
Book Value
$52.42 per share

Miscellaneous

Free Float
735,195,000
Market Cap
$99.27 billion
Optionable
Optionable
Beta
0.87

Social Links


Key Executives

  • Mr. Hamid R. MoghadamMr. Hamid R. Moghadam (Age 65)
    Co-Founder, Chairman & CEO
    Comp: $2.64M
  • Mr. Gary E. AndersonMr. Gary E. Anderson (Age 56)
    Chief Operating Officer
    Comp: $2.82M
  • Mr. Eugene Frederick Reilly (Age 60)
    Chief Investment Officer
    Comp: $3.17M
  • Mr. Edward S. Nekritz (Age 56)
    Chief Legal Officer, Gen. Counsel, Sec. & Head of Global Strategic Risk Mgmt. and ESG Dept.
    Comp: $2.76M
  • Mr. Thomas S. OlingerMr. Thomas S. Olinger (Age 55)
    Advisor
    Comp: $2.55M
  • Mr. Timothy D. ArndtMr. Timothy D. Arndt (Age 49)
    CFO, MD of Treasury & Financial Planning and Treasurer
  • Ms. Lori A. Palazzolo CPA (Age 58)
    MD, Chief Accounting Officer & Sr. VP
  • Mr. Sineesh Keshav
    Chief Technical Officer
  • Mr. Charles E. Sullivan (Age 64)
    Chief Admin. Officer
  • Ms. Tracy A. Ward
    Sr. VP of Investor Relations & Corp. Communications













PLD Stock - Frequently Asked Questions

Should I buy or sell Prologis stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last twelve months. There are currently 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLD shares.
View PLD analyst ratings
or view top-rated stocks.

What is Prologis' stock price forecast for 2022?

9 brokers have issued 1 year target prices for Prologis' stock. Their PLD share price forecasts range from $134.00 to $209.00. On average, they predict the company's stock price to reach $171.17 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for PLD
or view top-rated stocks among Wall Street analysts.

How have PLD shares performed in 2022?

Prologis' stock was trading at $168.36 at the beginning of 2022. Since then, PLD stock has decreased by 20.4% and is now trading at $134.08.
View the best growth stocks for 2022 here
.

When is Prologis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 21st 2022.
View our PLD earnings forecast
.

How were Prologis' earnings last quarter?

Prologis, Inc. (NYSE:PLD) posted its earnings results on Monday, July, 18th. The real estate investment trust reported $0.82 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.30. The real estate investment trust had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.09 billion. Prologis had a trailing twelve-month return on equity of 9.85% and a net margin of 75.72%. The business's quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 EPS.
Read the conference call transcript
.

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

Prologis announced a quarterly dividend on Wednesday, May 4th. Investors of record on Thursday, June 16th will be given a dividend of $0.79 per share on Thursday, June 30th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend is Wednesday, June 15th.
Read our dividend analysis for PLD
.

Is Prologis a good dividend stock?

Prologis (NYSE:PLD) pays an annual dividend of $3.16 per share and currently has a dividend yield of 2.31%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 63.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PLD will have a dividend payout ratio of 54.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLD.

What guidance has Prologis issued on next quarter's earnings?

Prologis updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $4.54-$4.58 for the period. The company issued revenue guidance of -.

What is Hamid R. Moghadam's approval rating as Prologis' CEO?

68 employees have rated Prologis Chief Executive Officer Hamid R. Moghadam on Glassdoor.com. Hamid R. Moghadam has an approval rating of 99% among the company's employees. This puts Hamid R. Moghadam in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Salesforce (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Visa (V) and AT&T (T).

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 number of institutional and retail investors. Top institutional investors include State Street Corp (6.90%), FMR LLC (3.25%), Northern Trust Corp (1.52%), Principal Financial Group Inc. (1.48%), Price T Rowe Associates Inc. MD (1.38%) and UBS Asset Management Americas Inc. (0.82%). Insiders that own company stock include Avid Modjtabai, George L Fotiades, Hamid R Moghadam, Irving F Lyons III, Jeffrey L Skelton, Lydia H Kennard, Lydia H Kennard and William D Zollars.
View institutional ownership trends
.

How do I buy shares of Prologis?

Shares of PLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Prologis' stock price today?

One share of PLD stock can currently be purchased for approximately $134.08.

How much money does Prologis make?

Prologis (NYSE:PLD) has a market capitalization of $99.27 billion and generates $4.76 billion in revenue each year. The real estate investment trust earns $2.94 billion in net income (profit) each year or $5.00 on an earnings per share basis.

How many employees does Prologis have?

The company employs 2,053 workers across the globe.

Does Prologis have any subsidiaries?
The following companies are subsidiares of Prologis: AMB Asia LLC, AMB HFC LP, DCT Industrial, DCT Industrial TRS Inc., DCT Industrial Value Fund I Inc., IMD Holding Corporation, Industrial Property Trust, KTR Capital Partners, Liberty L.P., Liberty Property Trust, Liberty Property Trust UK Ltd, PLD Finance Management BV, PLD Finance Management LLC, PLD International Finance LLC, PLD International Holding L.P., PLD-TRS Holding LLC, Palmtree Acquisition Corporation, Prologis 2 L.P., Prologis B.V., Prologis Brazil Logistics Partners Fund I L.P., Prologis California Inc., Prologis Directorship BV, Prologis Directorship II BV, Prologis Directorship Sarl, Prologis Japan Management LLC, Prologis L.P., Prologis Logistics Services Incorporated, Prologis Management LLC, Prologis Management Services Sarl, Prologis NA3 REIT II LLC, Prologis North American Industrial Fund II L.P., Prologis Park Bradford Management Company Limited, Prologis Park Bromford Gate Management Company Limited, Prologis Park Littlebrook Management Company Limited, Prologis Park Midpoint 2 Management Company Limited, Prologis Park Ryton Management Company Limited, Prologis RFI DIRFT Management Limited, Prologis UK Financial Services Limited, Prologis UK Holdings S.A., Prologis UK Limited, Prologis USLV Operating Partnership L.P., Prologis de Mexico S.A. de C.V., and Solutions Insurance Ltd..
Read More
When was Prologis founded?

Prologis was founded in 1983.

How can I contact Prologis?

Prologis' mailing address is PIER 1 BAY 1, SAN FRANCISCO CA, 94111. The official website for the company is www.prologis.com. The real estate investment trust can be reached via phone at (415) 394-9000, via email at tward@prologis.com, or via fax at 415-394-9001.

This page (NYSE:PLD) was last updated on 8/20/2022 by MarketBeat.com Staff

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