NYSE:PLDPrologis Stock Price, Forecast & News

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 39.6% and is now trading at $102.88.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 2 hold ratings and 14 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, October 20th 2020.
View our earnings forecast for Prologis.

Prologis Inc (NYSE:PLD) released its quarterly earnings data on Tuesday, July, 21st. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.08. The real estate investment trust earned $945 million during the quarter, compared to analyst estimates of $921.45 million. Prologis had a return on equity of 5.55% and a net margin of 43.27%. The company's quarterly revenue was up 34.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.77 EPS.
View Prologis' earnings history.

Prologis announced a quarterly dividend on Wednesday, April 29th. Investors 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 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Monday, June 15th.
View Prologis' dividend history.

Prologis issued an update on its FY20 earnings guidance on Tuesday, July, 21st. The company provided earnings per share guidance of $3.70-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

16 brokers have issued 12-month price objectives for Prologis' shares. Their forecasts range from $85.00 to $121.00. On average, they expect Prologis' stock price to reach $103.33 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Prologis.

Media stories about PLD stock have been trending very negative on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press 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 nearest to five being the most favorable. Prologis earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Prologis.

Prologis saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 6,140,000 shares, a decline of 21.6% from the June 15th total of 7,830,000 shares. Based on an average trading volume of 3,430,000 shares, the short-interest ratio is currently 1.8 days.
View Prologis' Short Interest.

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

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 FMR LLC (3.42%), Principal Financial Group Inc. (2.13%), PGGM Investments (1.06%), Sumitomo Mitsui Trust Holdings Inc. (0.84%), Bank of New York Mellon Corp (0.81%) and Resolution Capital Ltd (0.73%). Company insiders that own Prologis stock include Edward S Nekritz, Eugene F Reilly, George L Fotiades, Irving F Lyons III, 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 FMR LLC, Bank of New York Mellon Corp, Toronto Dominion Bank, Healthcare of Ontario Pension Plan Trust Fund, Cbre Clarion Securities LLC, Goldman Sachs Group Inc., State of Tennessee Treasury Department, and Jennison Associates LLC. 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.

PLD stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., PGGM Investments, Prudential Financial Inc., Bank of Montreal Can, Resolution Capital Ltd, Russell Investments Group Ltd., Duff & Phelps Investment Management Co., and California Public Employees Retirement System.
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 $102.88.

Prologis has a market capitalization of $76.00 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]