Prologis - PLD Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 1 hold rating, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PLD shares.
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17 Wall Street analysts have issued 12 month price targets for Prologis' stock. Their PLD share price forecasts range from $116.00 to $200.00. On average, they anticipate the company's share price to reach $143.44 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
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Prologis' stock was trading at $112.73 at the beginning of 2023. Since then, PLD shares have increased by 15.2% and is now trading at $129.84.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023.
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Prologis, Inc. (NYSE:PLD) released its quarterly earnings data on Wednesday, January, 18th. The real estate investment trust reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.03. The real estate investment trust earned $1.75 billion during the quarter, compared to analysts' expectations of $1.46 billion. Prologis had a net margin of 56.33% and a trailing twelve-month return on equity of 7.71%. The business's quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.12 EPS.
Read the conference call transcript.

Prologis declared a quarterly dividend on Wednesday, December 7th. Stockholders of record on Monday, December 19th will be given a dividend of $0.79 per share on Friday, December 30th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, December 16th.
Read our dividend analysis for PLD.

Prologis (NYSE:PLD) pays an annual dividend of $3.16 per share and currently has a dividend yield of 2.47%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 72.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PLD will have a dividend payout ratio of 56.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLD.

Prologis updated its FY 2023 earnings guidance on Wednesday, January, 18th. The company provided earnings per share (EPS) guidance of $5.00-$5.10 for the period. The company issued revenue guidance of -.

68 employees have rated Prologis Chief Executive Officer Hamid R. Moghadam on Glassdoor.com. Hamid R. Moghadam has an approval rating of 99% among the company's employees. This puts Hamid R. Moghadam in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), Salesforce (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 a variety of institutional and retail investors. Top institutional investors include Strs Ohio (0.17%), New York State Teachers Retirement System (0.11%), Natixis Advisors L.P. (0.10%), National Bank of Canada FI (0.09%), State of Alaska Department of Revenue (0.07%) and AMF Tjanstepension AB (0.05%). Insiders that own company stock include Avid Modjtabai, David P Oconnor, George L Fotiades, Hamid R Moghadam, Irving F Lyons III, Jeffrey L Skelton, Lydia H Kennard, Lydia H Kennard and William D Zollars.
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Shares of PLD stock 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.
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One share of PLD stock can currently be purchased for approximately $129.84.

Prologis (NYSE:PLD) has a market capitalization of $119.85 billion and generates $5.97 billion in revenue each year. The real estate investment trust earns $3.36 billion in net income (profit) each year or $4.35 on an earnings per share basis.

The company employs 2,053 workers across the globe.

Prologis' mailing address is PIER 1 BAY 1, SAN FRANCISCO CA, 94111. The official website for the company is www.prologis.com. The real estate investment trust can be reached via phone at (415) 394-9000, via email at tward@prologis.com, or via fax at 415-394-9001.