NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PLD shares have increased by 28.7% and is now trading at $94.83. 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 Tuesday, July 21st 2020. View our earnings forecast for Prologis.

Prologis will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Prologis announced a quarterly dividend on Wednesday, April 29th. Investors 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 dividend on an annualized basis and a yield of 2.45%. 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 EPS guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

15 brokers have issued 12 month price targets for Prologis' stock. Their forecasts range from $85.00 to $103.00. On average, they anticipate Prologis' share price to reach $94.43 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts' price targets for Prologis.

Media stories about PLD stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Prologis earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media headlines 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 immediate future. View the latest news about Prologis.

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 shareholders include Envestnet Asset Management Inc. (0.08%), State of Alaska Department of Revenue (0.05%), Timbercreek Investment Management Inc. (0.03%), DNB Asset Management AS (0.01%), Cullinan Associates Inc. (0.01%) and Hudson Valley Investment Advisors Inc. ADV (0.00%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lydia H Kennard, 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 of Alaska Department of Revenue, Timbercreek Investment Management Inc., Patton Fund Management Inc., Beacon Financial Advisory LLC, Diversified Trust Co, Groesbeck Investment Management Corp NJ, Fulton Bank N. A., and IBM Retirement Fund. Company insiders that have sold Prologis company stock in the last year include Eugene F Reilly, George L Fotiades, Jeffrey L Skelton, Lydia H Kennard, 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 Envestnet Asset Management Inc., Cullinan Associates Inc., Platte River Wealth Advisors LLC, Silverleafe Capital Partners LLC, DNB Asset Management AS, Symphony Financial Ltd. Co., Thomasville National Bank, and Red Door Wealth 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 $94.83.

Prologis has a market capitalization of $70.04 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]