Prologis Stock Forecast, Price & News

Prologis' stock was trading at $73.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLD shares have increased by 32.6% and is now trading at $97.68.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Prologis stock.
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Prologis is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Prologis.

Prologis will be holding an earnings conference call on Tuesday, January 26th 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 earnings results on Tuesday, October, 20th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by $0.48. The real estate investment trust had revenue of $984 million for the quarter, compared to the consensus estimate of $955.32 million. Prologis had a net margin of 43.27% and a return on equity of 5.55%. The firm's revenue for the quarter was up 38.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.97 earnings per share.
View Prologis' earnings history.

Prologis announced a quarterly dividend on Tuesday, December 8th. Shareholders of record on Friday, December 18th will be paid a dividend of $0.58 per share on Thursday, December 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Thursday, December 17th.
View Prologis' dividend history.

Prologis pays an annual dividend of $2.32 per share and currently has a dividend yield of 2.43%. The dividend payout ratio of Prologis is 70.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Prologis will have a dividend payout ratio of 61.54% next year. This indicates that Prologis will be able to sustain or increase its dividend.
View Prologis' dividend history.

Prologis updated its FY20 earnings guidance on Tuesday, October, 20th. The company provided earnings per share guidance of $3.76-3.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48.

15 brokers have issued twelve-month price targets for Prologis' stock. Their forecasts range from $85.00 to $126.00. On average, they anticipate Prologis' stock price to reach $107.57 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
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Some companies that are related to Prologis include EastGroup Properties (EGP), First Industrial Realty Trust (FR), STAG Industrial (STAG), Terreno Realty (TRNO) and Monmouth Real Estate Investment (MNR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), The Walt Disney (DIS), Cisco Systems (CSCO), The Home Depot (HD), salesforce.com (CRM), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Visa (V) and AT&T (T).

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 Huntington National Bank (0.09%), State of Alaska Department of Revenue (0.05%), Signature Estate & Investment Advisors LLC (0.04%), Scout Investments Inc. (0.03%), Cullinan Associates Inc. (0.01%) and Redpoint Investment Management Pty Ltd (0.01%). 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 and Thomas S Olinger.
View institutional ownership trends for Prologis.

PLD stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue, Sowell Financial Services LLC, Weather Gauge Advisory LLC, Baldwin Brothers Inc. MA, Raymond James Trust N.A., First Hawaiian Bank, and Gateway Investment Advisers 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 or view top insider-selling stocks.

PLD stock was acquired by a variety of institutional investors in the last quarter, including Huntington National Bank, Signature Estate & Investment Advisors LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Redpoint Investment Management Pty Ltd, Private Trust Co. NA, Global Retirement Partners LLC, and NuWave Investment Management LLC.
View insider buying and selling activity for Prologis or or view top insider-buying stocks.

Shares of PLD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PLD stock can currently be purchased for approximately $97.68.

Prologis has a market capitalization of $72.21 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]