NYSE:PLD - Prologis 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. Since then, PLD shares have increased by 6.5% and is now trading at $78.46. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 2 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Prologis.

Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for Prologis.

Prologis Inc (NYSE:PLD) posted its quarterly earnings data on Wednesday, January, 22nd. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.84. The real estate investment trust earned $728 million during the quarter, compared to analysts' expectations of $727.32 million. Prologis had a return on equity of 6.09% and a net margin of 47.23%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.80 earnings per share. View Prologis' earnings history.

Prologis announced a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 16th will be paid a dividend of $0.58 per share on Tuesday, March 31st. This represents a $2.32 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Friday, March 13th. This is a boost from Prologis's previous quarterly dividend of $0.53. View Prologis' dividend history.

Prologis updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share guidance of $3.67-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

15 brokers have issued 1 year price targets for Prologis' stock. Their forecasts range from $86.00 to $103.00. On average, they expect Prologis' stock price to reach $96.31 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View analysts' price targets for Prologis.

Media stories about PLD stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Prologis earned a news impact score of -3.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutPrologis.

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).

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

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

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 $78.46.

Prologis has a market capitalization of $57.99 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. View additional information about Prologis.

The official website for Prologis is http://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]