Prologis Stock Forecast, Price & 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 stock has increased by 40.2% and is now trading at $103.28.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Prologis stock.
View analyst ratings for Prologis or view MarketBeat's top 5 stock picks.

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

Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Prologis.

Prologis, Inc. (NYSE:PLD) announced its quarterly earnings results on Monday, January, 25th. The real estate investment trust reported $0.38 EPS for the quarter, missing the Zacks' consensus estimate of $0.92 by $0.54. The real estate investment trust earned $1.11 billion during the quarter, compared to analysts' expectations of $993.87 million. Prologis had a net margin of 38.21% and a trailing twelve-month return on equity of 4.67%. The firm's revenue was up 34.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.84 EPS.
View Prologis' earnings history.

Prologis announced a quarterly dividend on Tuesday, December 8th. Stockholders of record on Friday, December 18th will be paid a dividend of $0.58 per share on Thursday, December 31st. This represents a $2.32 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, December 17th.
View Prologis' dividend history.

Prologis pays an annual dividend of $2.32 per share and currently has a dividend yield of 2.19%. The dividend payout ratio of Prologis is 70.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Prologis will have a dividend payout ratio of 60.57% next year. This indicates that Prologis will be able to sustain or increase its dividend.
View Prologis' dividend history.

Prologis issued an update on its FY 2021 Pre-Market earnings guidance on Tuesday, January, 26th. The company provided earnings per share (EPS) guidance of 3.90-4.00 for the period.

14 equities research analysts have issued 1-year price targets for Prologis' stock. Their forecasts range from $85.00 to $126.00. On average, they expect Prologis' stock price to reach $111.15 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts' price targets for Prologis or view Wall Street analyst' top-rated stocks.

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), The 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 many different institutional and retail investors. Top institutional investors include Strs Ohio (0.19%), New York State Teachers Retirement System (0.13%), Nisa Investment Advisors LLC (0.09%), Huntington National Bank (0.09%), Retirement Systems of Alabama (0.07%) and Sarasin & Partners LLP (0.05%). 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 and Thomas S Olinger.
View institutional ownership trends for Prologis.

PLD stock was sold by a variety of institutional investors in the last quarter, including MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, Clark Capital Management Group Inc., Candriam Luxembourg S.C.A., TIAA FSB, Highland Capital Management LLC, Scout Investments Inc., New York State Teachers Retirement System, and Cambridge Trust Co.. Company insiders that have sold Prologis company stock in the last year include George L Fotiades, Jeffrey L Skelton, and Lydia H Kennard.
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PLD stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Retirement Systems of Alabama, GWM Advisors LLC, Sarasin & Partners LLP, DNB Asset Management AS, Pacer Advisors Inc., James Investment Research Inc., and Nisa Investment Advisors LLC.
View insider buying and selling activity for Prologis or or view top insider-buying stocks.

Shares of PLD 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.

One share of PLD stock can currently be purchased for approximately $103.28.

Prologis has a market capitalization of $76.35 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]