NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLD stock has increased by 9.9% and is now trading at $80.95. View which stocks have been mosted 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, 12 buy ratings and 1 strong buy rating 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, April 21st 2020. View our earnings forecast for Prologis.

Prologis will be holding an earnings conference call on Tuesday, April 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 earnings results on Wednesday, January, 22nd. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.84. The real estate investment trust had revenue of $728 million for the quarter, compared to analysts' expectations of $727.32 million. Prologis had a net margin of 47.23% and a return on equity of 6.09%. The business's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.80 earnings per share. View Prologis' earnings history.

Prologis announced a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 16th will be paid a dividend of $0.58 per share on Tuesday, March 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from Prologis's previous quarterly dividend of $0.53. View Prologis' dividend history.

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 estimate of $3.48.

15 Wall Street analysts have issued 1 year price targets for Prologis' stock. Their forecasts range from $85.00 to $103.00. On average, they expect Prologis' share price to reach $94.62 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View analysts' price targets for Prologis.

Press coverage about PLD stock has been trending very negative this week, InfoTrie reports. The research group identifies positive and negative news 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 positive five, with scores nearest to five being the most favorable. Prologis earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news stories 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 the latest news aboutPrologis.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Alibaba Group (BABA), Honeywell International (HON), Home Depot (HD), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ) 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 institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Timbercreek Investment Management Inc. (0.03%), Pensionfund DSM Netherlands (0.02%), Spirit of America Management Corp NY (0.01%), LGT Capital Partners LTD. (0.01%) and Pensionfund Sabic (0.01%). 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 Weather Gauge Advisory LLC. 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 activity for Prologis.

PLD stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., State of Alaska Department of Revenue, Pensionfund DSM Netherlands, Pensionfund Sabic, LGT Capital Partners LTD., Spirit of America Management Corp NY, Fulton Bank N.A., and IBM Retirement Fund. 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 $80.95.

Prologis has a market capitalization of $59.83 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. 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]