Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of September 30, 2018, 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 771 million square feet (72 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,500 customers across two major categories: business-to-business and retail/online fulfillment.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
Phone415-394-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.62 billion
Profitability
Miscellaneous
Employees1,565
OptionableOptionable
Prologis (NYSE:PLD) Frequently Asked Questions
What is Prologis' stock symbol?
Prologis trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLD."
How often does Prologis pay dividends? What is the dividend yield for Prologis?
Prologis announced a quarterly dividend on Thursday, December 6th. Shareholders of record on Tuesday, December 18th will be given a dividend of $0.48 per share on Monday, December 31st. This represents a $1.92 annualized dividend and a yield of 2.99%. The ex-dividend date is Monday, December 17th. View Prologis' Dividend History.
How were Prologis' earnings last quarter?
Prologis Inc (NYSE:PLD) posted its quarterly earnings results on Tuesday, January, 22nd. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The real estate investment trust had revenue of $679.20 million for the quarter, compared to analysts' expectations of $661.64 million. Prologis had a return on equity of 6.65% and a net margin of 51.66%. Prologis's quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. View Prologis' Earnings History.
When is Prologis' next earnings date?
How can I listen to Prologis' earnings call?
Prologis will be holding an earnings conference call on Tuesday, January 22nd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.
What guidance has Prologis issued on next quarter's earnings?
Prologis updated its FY19 earnings guidance on Tuesday, January, 22nd. The company provided earnings per share guidance of $3.12-3.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.15.
What price target have analysts set for PLD?
13 brokerages have issued 1 year price targets for Prologis' stock. Their predictions range from $65.00 to $79.00. On average, they anticipate Prologis' stock price to reach $71.4615 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for Prologis.
What is the consensus analysts' recommendation for Prologis?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prologis.
What are Wall Street analysts saying about Prologis stock?
Here are some recent quotes from research analysts about Prologis stock:
- 1. According to Zacks Investment Research, "Prologis reported third-quarter 2018 core funds from operations (FFO) per share of 72 cents, beating the Zacks Consensus Estimate by a penny. The company witnessed solid top-line growth in the quarter, while period-end occupancy remained high. Management noted that integration of the DCT Industrial acquisition on Aug 22 is complete and the expected run rate of $80 million per year of immediate savings has already been attained. The company remains well poised to grow as high consumer spending, e-commerce boom and a healthy manufacturing environment amid recovering economy and job market are spurring demand for the industrial real estate category.Further, shares of Prologis have outperformed its industry over the past three months. Nonetheless, a whole lot of new buildings are slated to be completed and made available in the market in the near term. Also, intensifying trade tensions and rate hike remain other concerns." (10/22/2018)
- 2. Cantor Fitzgerald analysts commented, "4Q Cash SSNOI (PLD share) increased 5.5% driven by US up 6.8%. The growth was largely driven by rents; cash rents up 8.8% as occupancy remained robust (+10bps y/y to 97.2%)." (1/23/2018)
Has Prologis been receiving favorable news coverage?
News stories about PLD stock have trended very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring 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 five, with scores closest to five being the most favorable. Prologis earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are some of Prologis' key competitors?
Some companies that are related to Prologis include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE IN/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Weyerhaeuser (WY), Boston Properties (BXP) and Essex Property Trust (ESS).
Who are Prologis' key executives?
Prologis' management team includes the folowing people:
- Mr. Hamid R. Moghadam, Chairman & CEO (Age 62)
- Mr. Thomas S. Olinger, Chief Financial Officer (Age 52)
- Mr. Michael S. Curless, Chief Investment Officer (Age 55)
- Mr. Edward S. Nekritz, Chief Legal Officer, Gen. Counsel & Sec. (Age 53)
- Mr. Gary E. Anderson, Chief Exec. Officer of Europe & Asia (Age 53)
Who are Prologis' major shareholders?
Prologis' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Resolution Capital Ltd (0.81%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%), Timbercreek Investment Management Inc. (0.03%), Gulf International Bank UK Ltd (0.02%) and Moody National Bank Trust Division (0.02%). Company insiders that own Prologis stock include Carl B Webb, Edward S Nekritz, Eugene F Reilly, Gary E Anderson, Hamid R Moghadam, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Lori A Palazzolo, Michael S Curless, Philip L Hawkins, Thomas S Olinger and William D Zollars. 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 Gulf International Bank UK Ltd, QUANTRES ASSET MANAGEMENT Ltd, Timbercreek Investment Management Inc., Louisiana State Employees Retirement System, DNB Asset Management AS, First Hawaiian Bank, Hedeker Wealth LLC and Highland Capital Management LLC. Company insiders that have sold Prologis company stock in the last year include Edward S Nekritz, Eugene F Reilly, Irving F Lyons III, J Michael Losh, Jeffrey L Skelton, Michael S Curless, Philip L Hawkins and William D Zollars. View Insider Buying and Selling for Prologis.
Which institutional investors are buying Prologis stock?
PLD stock was acquired by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Weather Gauge Advisory LLC, Hotaling Investment Management LLC, Bourgeon Capital Management LLC, Consolidated Investment Group LLC, Gateway Investment Advisers LLC, Advisors Capital Management LLC and YHB Investment Advisors Inc.. View Insider Buying and Selling for Prologis.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Prologis' stock price today?
One share of PLD stock can currently be purchased for approximately $64.13.
How big of a company is Prologis?
Prologis has a market capitalization of $40.73 billion and generates $2.62 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $2.81 on an earnings per share basis. Prologis employs 1,565 workers across the globe.
What is Prologis' official website?
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]
MarketBeat Community Rating for Prologis (NYSE PLD)
MarketBeat's community ratings are surveys of what our community members think about Prologis and other stocks. Vote "Outperform" if you believe PLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
