Prologis, Inc. (PLD)
Market Cap | 95.73B |
Revenue (ttm) | 8.02B |
Net Income (ttm) | 3.05B |
Shares Out | 925.05M |
EPS (ttm) | 3.29 |
PE Ratio | 31.46 |
Forward PE | 39.79 |
Dividend | $3.84 (3.71%) |
Ex-Dividend Date | Mar 15, 2024 |
Volume | 6,847,896 |
Open | 104.64 |
Previous Close | 104.69 |
Day's Range | 102.52 - 104.87 |
52-Week Range | 96.64 - 137.52 |
Beta | 1.00 |
Analysts | Strong Buy |
Price Target | 140.22 (+35.49%) |
Earnings Date | Apr 17, 2024 |
About PLD
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At December 31, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulf... [Read more]
Financial Performance
In 2023, Prologis's revenue was $8.02 billion, an increase of 34.31% compared to the previous year's $5.97 billion. Earnings were $3.05 billion, a decrease of -9.09%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for PLD stock is "Strong Buy." The 12-month stock price forecast is $140.22, which is an increase of 35.49% from the latest price.
News
Jim Cramer talks how overbuilding has impacted J.B. Hunt and Prologis
'Mad Money' host Jim Cramer takes a closer look at J.B. Hunt and Prologis earnings and stock reaction.
Prologis stock slides despite upbeat Q1 earnings: here's why
Prologis Inc (NYSE: PLD) is down about 7.0% on Wednesday even though it came in ahead of Street estimates for its fiscal first quarter. Why is Prologis stock down today?
Prologis Reports First Quarter Results
Positive Long-Term Outlook Amid Near-Term Macroeconomic Uncertainty SAN FRANCISCO , April 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reporte...
These 3 Real Estate Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Invitation Homes (NYSE:INVH), Prologis (NYSE:PLD)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Prologis to Host Virtual 2024 Stockholders Meeting May 9
SAN FRANCISCO , April 1, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host its annual stockholders meeting on Thursday, May 9, 2024, at 2:00 p.m. P...
Prologis to Announce First Quarter 2024 Results April 17
SAN FRANCISCO , March 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss first q...
Industrial construction starts are down: Here's what investors need to know
James Breeze, CBRE global head of industrial research, joins 'The Exchange' to discuss the recent drop in industrial leasing demand, the current health of industrial real estate and more.
Prologis to Participate in Industry Conferences
SAN FRANCISCO , March 1, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Tim Arndt, chief financial officer, will present at the Raymo...
Prologis Board of Directors Approves 10 Percent Increase in Quarterly Common Stock Dividend
SAN FRANCISCO , Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company's annualized dividend by 10% to $3.84 per share of common ...
Prologis Announces Tax Treatment of 2023 Dividends
SAN FRANCISCO , Jan. 26, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the tax treatment of its 2023 distributions. Exhibits A and B refl...
Prologis CEO: The industrial real estate market is in a 'very healthy situation'
Hamid Moghadam, Prologis co-founder and CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, what's ahead for the year, occupancy demand and more.
Prologis Reports Fourth Quarter and Full Year 2023 Results
Fourth consecutive year of double-digit earnings growth; expects strong 2024 SAN FRANCISCO , Jan. 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today...
Prologis and Welltower are well-positioned for 2024, says Victoria Greene
Victoria Greene, G Squared Private Wealth Founding Partner and CIO, gives her top stock picks for 2024.
Prologis to Announce Fourth Quarter 2023 Results January 17
SAN FRANCISCO , Dec. 28, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss fourth q...
Investing in REITs: One stock to buy and one to avoid
Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisor...
Prologis Vice Chairman Gene Reilly to Retire
SAN FRANCISCO , Dec. 21, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that Vice Chairman Gene Reilly will be retiring at year end, after which he will serve as a senior advisor thro...
Prologis to Host Investor Forum in New York City on December 13
SAN FRANCISCO , Dec. 11, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it will hold an Investor Forum on Wednesday, December 13, 2023, fr...
Prologis Declares Quarterly Dividend
SAN FRANCISCO , Dec. 7, 2023 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending December 31, 2023, on the following securities...
Prologis Hits 500-Megawatt Solar Milestone - Halfway to One Gigawatt Goal
Rooftop Solar Benefits Customers and Communities SAN FRANCISCO , Dec. 6, 2023 /PRNewswire/ -- Rooftop solar and storage installations on Prologis Inc's (NYSE: PLD) buildings can now generate 500 megaw...
Logiwa Joins Prologis Essentials Suite of Solutions for Warehouse Operators
CHICAGO--(BUSINESS WIRE)--Logiwa Joins Prologis Essentials Suite of Solutions for Warehouse Operators.
Prologis earnings fall but beat expectations, while occupancy declines
Shares of Prologis Inc. PLD, +1.16% edged up 0.1% in premarket trading Tuesday after the logistics real estate company reported third-quarter earnings that fell from a year ago but beat expectations, ...
Prologis Reports Third Quarter 2023 Results
High-Quality Global Portfolio Continues to Drive Record Results SAN FRANCISCO , Oct. 17, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported thi...
2 ‘Contrarians-Only' Dividends That Will Fly As Rates Fall
The 10-year Treasury yield's latest journey to the stars is setting up a terrific opportunity for us to “lock in” historically high dividend yields.
2025 looks like a great year for fundamentals in real estate, says BMO's John Kim
John Kim, analyst at BMO Capital Markets, joins 'Squawk on the Street' to discuss how REITs typically perform with higher bond yields, the underlying financing for new or existing developments, and pl...
Prologis to Announce Third Quarter 2023 Results October 17
SAN FRANCISCO , Sept. 28, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss third q...