NYSE:PLDPrologis Stock Price, Forecast & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PLD stock has increased by 27.0% and is now trading at $93.57. 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) posted its quarterly earnings results on Tuesday, April, 21st. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 6.00% and a net margin of 48.50%. The firm's quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 EPS. View Prologis' earnings history.

Prologis announced a quarterly dividend on Wednesday, April 29th. Investors of record on Tuesday, June 16th will be given a dividend of $0.58 per share on Tuesday, June 30th. This represents a $2.32 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Monday, June 15th. View Prologis' dividend history.

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

15 analysts have issued 1-year price targets for Prologis' shares. Their forecasts range from $85.00 to $103.00. On average, they expect Prologis' share price to reach $94.43 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View analysts' price targets for Prologis.

Headlines about PLD stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 daily sentiment score of 1.8 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. 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 many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.08%), State of Alaska Department of Revenue (0.05%), Sabal Trust CO (0.04%), Manning & Napier Group LLC (0.04%), Timbercreek Investment Management Inc. (0.03%) and Moody National Bank Trust Division (0.02%). 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, Sabal Trust CO, IFM Investors Pty Ltd, Whittier Trust Co., Manning & Napier Group LLC, Timbercreek Investment Management Inc., Patton Fund Management Inc., and Beacon Financial Advisory 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Cullinan Associates Inc., LGT Capital Partners LTD., Platte River Wealth Advisors LLC, Silverleafe Capital Partners LLC, N.E.W. Advisory Services LLC, DNB Asset Management AS, and Symphony Financial Ltd. Co.. 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 $93.57.

Prologis has a market capitalization of $69.11 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]