NYSE:PLD - Prologis Stock Price, Forecast & News

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

Prologis declared a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 16th will be given a dividend of $0.58 per share on Tuesday, March 31st. This represents a $2.32 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Prologis's previous quarterly dividend of $0.53. View Prologis' Dividend History.

Prologis Inc (NYSE:PLD) announced its earnings results on Wednesday, January, 22nd. The real estate investment trust reported $0.84 EPS for the quarter, hitting the Zacks' consensus estimate of $0.84. The real estate investment trust earned $728 million during the quarter, compared to the consensus estimate of $727.32 million. Prologis had a net margin of 47.23% and a return on equity of 6.09%. The company's revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.80 EPS. View Prologis' Earnings History.

Prologis is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Prologis.

Prologis updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share guidance of $3.67-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48.

15 brokers have issued 1-year target prices for Prologis' shares. Their forecasts range from $86.00 to $103.00. On average, they expect Prologis' stock price to reach $96.54 in the next year. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for Prologis.

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.

News stories about PLD stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Prologis earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Prologis.

Prologis saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 16,650,000 shares, an increase of 20.7% from the December 31st total of 13,790,000 shares. Based on an average daily volume of 2,790,000 shares, the days-to-cover ratio is currently 6.0 days. Currently, 2.7% of the company's stock are sold short. View Prologis' Current Options Chain.

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).

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

Prologis' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (6.49%), FMR LLC (3.92%), Cohen & Steers Inc. (3.15%), Principal Financial Group Inc. (1.98%), Geode Capital Management LLC (1.56%) and Goldman Sachs Group Inc. (1.80%). 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 State Street Corp, Cohen & Steers Inc., Mackay Shields LLC, Migdal Insurance & Financial Holdings Ltd., UBS Group AG, Bank of New York Mellon Corp, Mitsubishi UFJ Trust & Banking Corp and Presima Inc.. 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 for Prologis.

PLD stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., PGGM Investments, Geode Capital Management LLC, FMR LLC, Capital Research Global Investors, Prudential Financial Inc., Lasalle Investment Management Securities LLC and Principal Financial Group Inc.. View Insider Buying and Selling 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 $95.98.

Prologis has a market capitalization of $70.90 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]