NYSE:PLD - Prologis Stock Price, Forecast & News

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

Prologis announced a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be given a dividend of $0.53 per share on Tuesday, December 31st. This represents a $2.12 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Wednesday, December 18th. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) announced its quarterly earnings data on Wednesday, January, 22nd. The real estate investment trust reported $0.84 EPS for the quarter, hitting the consensus estimate of $0.84. The real estate investment trust earned $728 million during the quarter, compared to the consensus estimate of $727.32 million. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 EPS. View Prologis' Earnings History.

Prologis is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Prologis.

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

15 brokerages have issued 1-year price targets for Prologis' stock. Their forecasts range from $86.00 to $103.00. On average, they anticipate Prologis' share price to reach $96.54 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Prologis.

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.

Media headlines about PLD stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Prologis earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Prologis.

Prologis saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 16,650,000 shares, an increase of 20.7% from the December 31st total of 13,790,000 shares. Based on an average daily volume of 2,790,000 shares, the short-interest ratio is presently 6.0 days. Approximately 2.7% of the shares of the stock are short sold. View Prologis' Current Options Chain.

Some companies that are related to Prologis include Eastgroup Properties (EGP), First Industrial Realty Trust (FR), Monmouth R.E. Inv. (MNR), Stag Industrial (STAG) and Terreno Realty (TRNO).

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

Prologis' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.49%), FMR LLC (3.92%), Cohen & Steers Inc. (3.15%), Principal Financial Group Inc. (1.98%), Goldman Sachs Group Inc. (1.80%) and Charles Schwab Investment Management Inc. (1.30%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lydia H Kennard, Michael S Curless, 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 State Street Corp, Cohen & Steers Inc., Mackay Shields LLC, Migdal Insurance & Financial Holdings Ltd., UBS Group AG, Bank of New York Mellon Corp, Mitsubishi UFJ Trust & Banking Corp and Presima Inc.. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Philip L Hawkins and Thomas S Olinger. View Insider Buying and Selling for Prologis.

PLD stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., PGGM Investments, FMR LLC, Prudential Financial Inc., Lasalle Investment Management Securities LLC, Principal Financial Group Inc., Axiom International Investors LLC DE and Resolution Capital Ltd. View Insider Buying and Selling 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 $97.55.