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 annualized dividend and a yield of 2.22%. The ex-dividend date is Wednesday, December 18th. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) announced its earnings results on Wednesday, January, 22nd. The real estate investment trust reported $0.84 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.84. The real estate investment trust had revenue of $728 million for the quarter, compared to analyst estimates of $727.32 million. Prologis had a return on equity of 6.92% and a net margin of 53.87%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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 earnings per share (EPS) guidance of $3.67-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48.

15 analysts have issued 1-year price objectives for Prologis' stock. Their forecasts range from $78.50 to $101.00. On average, they anticipate Prologis' stock price to reach $92.88 in the next year. This suggests that the stock has a possible downside of 2.9%. 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 been trending extremely negative on Thursday, according to InfoTrie. The research group identifies negative and positive press 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 five, with scores nearest to five being the most favorable. Prologis earned a news impact score of -5.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Prologis.

Prologis saw a increase in short interest in December. As of December 31st, there was short interest totalling 16,650,000 shares, an increase of 20.7% from the December 15th total of 13,790,000 shares. Based on an average trading volume of 2,770,000 shares, the days-to-cover ratio is presently 6.0 days. Approximately 2.7% of the company's shares are short sold. View Prologis' Current Options Chain.

Some companies that are related to Prologis include First Industrial Realty Trust (FR), Eastgroup Properties (EGP), 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), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Walt Disney (DIS), Visa (V), AT&T (T), Honeywell International (HON), Paypal (PYPL) and Bank of America (BAC).

Prologis' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.00%), Artemis Investment Management LLP (0.18%), Huntington National Bank (0.07%), Nisa Investment Advisors LLC (0.07%), Sabal Trust CO (0.06%) and State of Alaska Department of Revenue (0.06%). 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 Artemis Investment Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Zurcher Kantonalbank Zurich Cantonalbank, Jaguar Listed Property LLC, Sabal Trust CO, IFM Investors Pty Ltd and Calamos Advisors LLC. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, Lydia H Kennard, 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 PGGM Investments, State of Alaska Department of Revenue, Huntington National Bank, LGT Capital Partners LTD., Nisa Investment Advisors LLC, Janney Montgomery Scott LLC, DNB Asset Management AS and Sciencast Management LP. 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 $95.70.

Prologis has a market capitalization of $60.46 billion and generates $2.80 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $3.03 on an earnings per share basis. Prologis employs 1,617 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]