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 29.4% and is now trading at $95.38. 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) released its quarterly earnings data on Tuesday, April, 21st. The real estate investment trust reported $0.70 EPS for the quarter, missing the consensus estimate of $0.81 by $0.11. The real estate investment trust had revenue of $878.81 million for the quarter, compared to analyst estimates of $801.54 million. Prologis had a net margin of 48.50% and a return on equity of 6.00%. The firm's quarterly revenue was up 26.1% on a year-over-year basis. During the same period last year, the firm earned $0.73 EPS. View Prologis' earnings history.

Prologis declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, June 16th will be paid 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 2.43%. The ex-dividend date is Monday, June 15th. View Prologis' dividend history.

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

15 Wall Street analysts have issued 12 month price targets for Prologis' stock. Their forecasts range from $85.00 to $103.00. On average, they anticipate Prologis' stock price to reach $94.43 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View analysts' price targets for Prologis.

Press coverage about PLD stock has been trending negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. 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 a number of institutional and retail investors. Top institutional investors include 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%), Hudson Valley Investment Advisors Inc. ADV (0.00%) and Platte River Wealth Advisors LLC (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., Beacon Financial Advisory LLC, Diversified Trust Co, Groesbeck Investment Management Corp NJ, Fulton Bank N. A., Hudson Valley Investment Advisors Inc. ADV, and Courier Capital LLC. 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 acquired by a variety of institutional investors in the last quarter, including Cullinan Associates Inc., Platte River Wealth Advisors LLC, DNB Asset Management AS, Thomasville National Bank, Red Door Wealth Management LLC, Pinnacle Bank, Ellevest Inc., and Clarius Group 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 $95.38.

Prologis has a market capitalization of $70.45 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]