NYSE:PLD - Prologis 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 7.4% and is now trading at $79.17. View which stocks have been mosted 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, 12 buy ratings and 1 strong buy rating 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, April 21st 2020. View our earnings forecast for Prologis.

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

Prologis declared a quarterly dividend on Thursday, February 20th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.58 per share on Tuesday, March 31st. This represents a $2.32 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Friday, March 13th. This is a positive change from Prologis's previous quarterly dividend of $0.53. View Prologis' dividend history.

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

15 brokerages have issued 12-month price objectives for Prologis' shares. Their forecasts range from $86.00 to $103.00. On average, they expect Prologis' stock price to reach $96.31 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Prologis.

Press coverage about PLD stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Prologis earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage 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 impact on the company's share price in the next several days. View the latest news aboutPrologis.

Some companies that are related to Prologis include Eastgroup Properties (EGP), First Industrial Realty Trust (FR), 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), Walt Disney (DIS), AT&T (T), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), Cisco Systems (CSCO), Bank of America (BAC), Visa (V) and Verizon Communications (VZ).

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 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, Macquarie Group Ltd., Macquarie Group Ltd., and Bank of New York Mellon Corp. 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 activity for Prologis.

PLD stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., PGGM Investments, Geode Capital Management LLC, FMR LLC, Capital Research Global Investors, Prudential Financial Inc., and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main. 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 $79.17.

Prologis has a market capitalization of $58.51 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]