NYSE:PLD

Prologis Stock Forecast, Price & News

$112.56
+0.20 (+0.18 %)
(As of 04/16/2021 04:00 PM ET)
Add
Compare
Today's Range
$112.12
Now: $112.56
$113.03
50-Day Range
$95.64
MA: $103.55
$110.78
52-Week Range
$80.12
Now: $112.56
$112.50
Volume2.37 million shs
Average Volume2.88 million shs
Market Capitalization$83.27 billion
P/E Ratio50.03
Dividend Yield2.30%
Beta0.8
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
Prologis logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP74340W10
Phone415-394-9000
Employees1,945
Year Founded1983

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.33 billion
Cash Flow$4.91 per share
Book Value$41.16 per share

Profitability

Net Income$1.57 billion

Miscellaneous

Market Cap$83.27 billion
Next Earnings Date4/19/2021 (Confirmed)
OptionableOptionable

Headlines

Prologis (NYSE:PLD) Hits New 12-Month High at $112.50
April 15, 2021 |  americanbankingnews.com
Prologis (PLD) to Release Quarterly Earnings on Monday
April 12, 2021 |  americanbankingnews.com
Is PLD Stock A Buy or Sell?
April 7, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.68 out of 5 stars

Finance Sector

467th out of 1,955 stocks

Real Estate Investment Trusts Industry

114th out of 274 stocks

Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$112.56
+0.20 (+0.18 %)
(As of 04/16/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PLD News and Ratings via Email

Sign-up to receive the latest news and ratings for PLD and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Prologis (NYSE:PLD) Frequently Asked Questions

Is Prologis a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Prologis stock.
View analyst ratings for Prologis
or view top-rated stocks.

What stocks does MarketBeat like better than Prologis?

Wall Street analysts have given Prologis a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Prologis wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Prologis' next earnings date?

Prologis is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021.
View our earnings forecast for Prologis
.

How can I listen to Prologis' earnings call?

Prologis will be holding an earnings conference call on Monday, April 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Prologis' earnings last quarter?

Prologis, Inc. (NYSE:PLD) posted its quarterly earnings data on Monday, January, 25th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.54. The real estate investment trust had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $993.87 million. Prologis had a trailing twelve-month return on equity of 4.67% and a net margin of 38.21%. Prologis's quarterly revenue was up 34.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS.
View Prologis' earnings history
.

How has Prologis' stock price been impacted by COVID-19 (Coronavirus)?

Prologis' stock was trading at $73.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLD shares have increased by 52.9% and is now trading at $112.66.
View which stocks have been most impacted by COVID-19
.

How often does Prologis pay dividends? What is the dividend yield for Prologis?

Prologis declared a quarterly dividend on Thursday, February 25th. Shareholders of record on Friday, March 19th will be given a dividend of $0.63 per share on Wednesday, March 31st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date is Thursday, March 18th. This is an increase from Prologis's previous quarterly dividend of $0.58.
View Prologis' dividend history
.

Is Prologis a good dividend stock?

Prologis pays an annual dividend of $2.52 per share and currently has a dividend yield of 2.30%. Prologis does not yet have a strock track record of dividend growth. The dividend payout ratio of Prologis is 76.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Prologis will have a dividend payout ratio of 65.80% next year. This indicates that Prologis will be able to sustain or increase its dividend.
View Prologis' dividend history.

What guidance has Prologis issued on next quarter's earnings?

Prologis updated its FY 2021 Pre-Market earnings guidance on Tuesday, January, 26th. The company provided EPS guidance of 3.90-4.00 for the period.

What price target have analysts set for PLD?

13 analysts have issued 1-year target prices for Prologis' shares. Their forecasts range from $98.00 to $126.00. On average, they anticipate Prologis' share price to reach $115.50 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price.
View analysts' price targets for Prologis
or view top-rated stocks among Wall Street analysts.

Who are Prologis' key executives?

Prologis' management team includes the following people:
  • Mr. Hamid R. Moghadam, Chairman & CEO (Age 64, Pay $1.88M) (LinkedIn Profile)
  • Mr. Thomas S. Olinger, Chief Financial Officer (Age 54, Pay $3.21M)
  • Mr. Gary E. Anderson, Chief Operating Officer (Age 55, Pay $3.38M) (LinkedIn Profile)
  • Mr. Eugene F. Reilly, Chief Investment Officer (Age 59, Pay $3.6M) (LinkedIn Profile)
  • Mr. Edward S. Nekritz, Chief Legal Officer, Gen. Counsel, Sec. & Head of Global Strategic Risk Mgmt. and ESG Dept. (Age 55, Pay $3.38M)
  • Mr. Michael S. Curless, Chief Customer Officer (Age 57, Pay $3.21M) (LinkedIn Profile)
  • Ms. Lori A. Palazzolo CPA, MD, Chief Accounting Officer & Sr. VP (Age 57)
  • Mr. Sineesh Keshav, Chief Technical Officer (LinkedIn Profile)
  • Mr. Charles E. Sullivan, Chief Admin. Officer (Age 63)
  • Ms. Tracy A. Ward, Sr. VP of Investor Relations & Corp. Communications

What is Hamid R. Moghadam's approval rating as Prologis' CEO?

68 employees have rated Prologis CEO Hamid R. Moghadam on Glassdoor.com. Hamid R. Moghadam has an approval rating of 99% among Prologis' employees. This puts Hamid R. Moghadam in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Prologis' key competitors?

What other stocks do shareholders of Prologis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), The Walt Disney (DIS), Cisco Systems (CSCO), The Home Depot (HD), salesforce.com (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Visa (V) and AT&T (T).

What is Prologis' stock symbol?

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

Who are Prologis' major shareholders?

Prologis' stock is owned by many different retail and institutional investors. Top institutional shareholders include Presima Inc. (0.11%), Retirement Systems of Alabama (0.11%), Huntington National Bank (0.09%), State of Alaska Department of Revenue (0.06%), Signature Estate & Investment Advisors LLC (0.04%) and Royal London Asset Management Ltd. (0.04%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Jeffrey L Skelton, Lydia H Kennard, Philip L Hawkins and Thomas S Olinger.
View institutional ownership trends for Prologis
.

Which institutional investors are selling Prologis stock?

PLD stock was sold by a variety of institutional investors in the last quarter, including FDx Advisors Inc., Global Retirement Partners LLC, Cordasco Financial Network, Spirit of America Management Corp NY, Private Capital Group LLC, DnB Asset Management AS, Crossmark Global Holdings Inc., and EFG Asset Management Americas Corp.. Company insiders that have sold Prologis company stock in the last year include George L Fotiades, Jeffrey L Skelton, and Lydia H Kennard.
View insider buying and selling activity for Prologis
or view top insider-selling stocks.

Which institutional investors are buying Prologis stock?

PLD stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Presima Inc., State of Alaska Department of Revenue, Pacer Advisors Inc., Huntington National Bank, Everence Capital Management Inc., Pensionfund DSM Netherlands, and Signature Estate & Investment Advisors LLC.
View insider buying and selling activity for Prologis
or or view top insider-buying stocks.

How do I buy shares of Prologis?

Shares of PLD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Prologis' stock price today?

One share of PLD stock can currently be purchased for approximately $112.66.

How much money does Prologis make?

Prologis has a market capitalization of $83.34 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.

How many employees does Prologis have?

Prologis employs 1,945 workers across the globe.

Does Prologis have any subsidiaries?

The following companies are subsidiares of Prologis: AMB HFC LP, AMB Portview Center LLC, AMB/AFCO Cargo LLC, AMB/IMDH Beacon Lakes LLC, DCT Industrial, DCT Industrial TRS Inc., DCT Industrial Value Fund I Inc., DCT Pembroke LLC, Fideicomiso Irrevocable de Administración, IMD Holding Corporation, Industrial Property Trust, KTR Capital Partners, Keystone Realty Services Inc., Liberty Property Trust, PLD Finance Management BV, PLD Finance Management LLC, PLD International Finance LLC, PLD International Holding LLC, PLD-TRS Holding LLC, Palmtree Acquisition Corporation, Prologis 2 L.P., Prologis B.V., Prologis Brazil Logistics Partners Fund I L.P., Prologis CCIG Oakland Global LLC, Prologis Directorship BV, Prologis Directorship II BV, Prologis Directorship Sarl, Prologis Fondo Logistico 5 S. de R.L. de C. V., Prologis Fraser L.P., Prologis Japan Management LLC, Prologis Logistics Services Incorporated, Prologis Management LLC, Prologis Management Services Sarl, Prologis North American Industrial Fund II L.P., Prologis Park Bradford Management Company Limited, Prologis Park Bromford Gate Management Company Limited, Prologis Park Littlebrook Management Company Limited, Prologis Park Midpoint 2 Management Company Limited, Prologis Park Redlands 5 LLC, Prologis Park Ryton Management Company Limited, Prologis Poland Developments FIZ AN, Prologis RFI DIRFT Management Limited, Prologis UK Financial Services Limited, Prologis UK Holdings S.A., Prologis USLV Operating Partnership L.P., Prologis de Mexico S.A. de C.V., Saint Pathus SAS, Siziano Logistics Park S.R.L., and Solutions Insurance Ltd..

When was Prologis founded?

Prologis was founded in 1983.

What is Prologis' official website?

The official website for Prologis is www.prologis.com.

Where are Prologis' headquarters?

Prologis is headquartered at PIER 1 BAY 1, SAN FRANCISCO CA, 94111.

How can I contact Prologis?

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]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.