NYSE:PLDPrologis Stock Price, Forecast & 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. Since then, PLD stock has increased by 26.7% and is now trading at $93.35. 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 Monday, July 20th 2020. View our earnings forecast for Prologis.

Prologis Inc (NYSE:PLD) released its quarterly earnings results on Tuesday, April, 21st. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.81 by $0.11. The real estate investment trust earned $878.81 million during the quarter, compared to the consensus estimate of $801.54 million. Prologis had a net margin of 48.50% and a return on equity of 6.00%. The firm's revenue was up 26.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 earnings per share. View Prologis' earnings history.

Prologis announced a quarterly dividend on Wednesday, April 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.49%. 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 EPS guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus estimate of $3.48.

15 Wall Street analysts have issued 1-year price objectives for Prologis' stock. 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 1.2% from the stock's current price. View analysts' price targets for Prologis.

News stories about PLD stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing 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 coverage optimism score of -3.1 on InfoTrie's scale. They also assigned media stories 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 company's share price in the near term. View the latest news aboutPrologis.

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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.97%), State Street Corp (6.50%), APG Asset Management US Inc. (3.36%), JPMorgan Chase & Co. (3.25%), Cohen & Steers Inc. (2.97%) and Principal Financial Group Inc. (1.92%). 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 Invesco Ltd., Centersquare Investment Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, Capital World Investors, Prudential PLC, Retirement Systems of Alabama, and KBC Group NV. Company insiders that have sold Prologis company stock in the last year include Eugene F Reilly, Jeffrey L Skelton, Lydia H Kennard, Philip L Hawkins, 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 BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Sumitomo Mitsui Trust Holdings Inc., Wellington Management Group LLP, Cohen & Steers Inc., Geode Capital Management LLC, and Nuveen Asset Management LLC. 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 $93.35.

Prologis has a market capitalization of $68.95 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]