NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PLD shares have increased by 18.8% and is now trading at $87.55. View which stocks have been most 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 and 13 buy ratings 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 Monday, July 20th 2020. View our earnings forecast for Prologis.

Prologis Inc (NYSE:PLD) released its quarterly earnings data on Tuesday, April, 21st. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.11. The real estate investment trust had revenue of $878.81 million for the quarter, compared to the consensus estimate of $801.54 million. Prologis had a net margin of 48.50% and a return on equity of 6.00%. Prologis's quarterly revenue was up 26.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. View Prologis' earnings history.

Prologis announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.58 per share on Tuesday, June 30th. This represents a $2.32 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Monday, June 15th. View Prologis' dividend history.

Prologis issued an update on its FY20 earnings guidance on Tuesday, April, 21st. The company provided earnings per share guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus estimate of $3.48.

15 brokerages have issued twelve-month price targets for Prologis' shares. Their forecasts range from $85.00 to $103.00. On average, they anticipate Prologis' share price to reach $94.43 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View analysts' price targets for Prologis.

Press coverage about PLD stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Prologis earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave press coverage 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 effect on the company's share price in the near term. View the latest news aboutPrologis.

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). View all competitors.

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

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

Prologis' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.97%), State Street Corp (6.50%), APG Asset Management US Inc. (3.36%), JPMorgan Chase & Co. (3.25%), Cohen & Steers Inc. (2.97%) and Principal Financial Group Inc. (1.92%). 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 Invesco Ltd., Centersquare Investment Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, Capital World Investors, Prudential PLC, Retirement Systems of Alabama, and KBC Group NV. Company insiders that have sold Prologis company stock in the last year include Eugene F Reilly, Jeffrey L Skelton, Lydia H Kennard, Philip L Hawkins, and Thomas S Olinger. View insider buying and selling activity for Prologis.

PLD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Sumitomo Mitsui Trust Holdings Inc., Wellington Management Group LLP, Cohen & Steers Inc., Geode Capital Management LLC, and Nuveen Asset Management LLC. View insider buying and selling activity 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 $87.55.

Prologis has a market capitalization of $64.66 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]