Prologis, Inc. (PLD)

NYSE: PLD · IEX Real-Time Price · USD
113.21
+1.26 (1.13%)
At close: Jul 2, 2024, 4:00 PM
112.72
-0.49 (-0.43%)
After-hours: Jul 2, 2024, 7:54 PM EDT
1.13%
Market Cap 104.81B
Revenue (ttm) 8.21B
Net Income (ttm) 3.17B
Shares Out 925.84M
EPS (ttm) 3.42
PE Ratio 33.10
Forward PE 43.81
Dividend $3.84 (3.39%)
Ex-Dividend Date Jun 17, 2024
Volume 2,805,899
Open 112.65
Previous Close 111.95
Day's Range 111.05 - 113.56
52-Week Range 96.64 - 137.52
Beta 1.08
Analysts Buy
Price Target 130.06 (+14.88%)
Earnings Date Jul 17, 2024

About PLD

Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, 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 fulfil... [Read more]

Sector Real Estate
IPO Date Mar 1, 1994
Employees 2,574
Stock Exchange NYSE
Ticker Symbol PLD
Full Company Profile

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 Statements

Analyst Forecast

According to 18 analysts, the average rating for PLD stock is "Buy." The 12-month stock price forecast is $130.06, which is an increase of 14.88% from the latest price.

Price Target
$130.06
(14.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Prologis to Announce Second Quarter 2024 Results July 17

SAN FRANCISCO , June 27, 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 second q...

5 days ago - PRNewsWire

EQT Exeter to Acquire Five-Million-Square-Foot Industrial Assemblage from Prologis

Acquisition reflects EQT Exeter's conviction in the industrial sector and emphasis on investing behind high-quality assets across the globe Assemblage is strategically located along key logistics rout...

4 weeks ago - PRNewsWire

Prologis to Participate in Industry Conferences in New York City

SAN FRANCISCO, May 28, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Hamid Moghadam, co-founder, chairman and CEO, and Dan Letter, p...

5 weeks ago - PRNewsWire

PERFORMANCE TEAM - A MAERSK COMPANY & PROLOGIS LAUNCH NEW EV TRUCK CHARGING DEPOT, POWERED BY NATION'S LARGEST EV TRUCK MICROGRID

The 9 MW depot can charge 96 heavy-duty trucks simultaneously; project built in just five months through creative, collaborative partnership. LOS ANGELES , May 23, 2024 /PRNewswire/ -- In a significan...

5 weeks ago - PRNewsWire

3 Growing Dividends Set To Cash In On ‘Industrial Revolution II'

This onshoring trend is roaring—but we contrarian dividend investors still have time to cash in. I've got a “3-pack” of cheap stocks that lets us do that, with dividends that are surging (or are about...

Other symbols: CSXUNP
5 weeks ago - Forbes

PROLOGIS' NEKRITZ AND MCKEOWN TO RETIRE; NEW CLO AND CHRO ANNOUNCED

Briones and Carey to join company's executive committee on Jan. 1, 2025 SAN FRANCISCO , May 22, 2024 /PRNewswire/ -- Prologis (NYSE: PLD) today announced Ed Nekritz and Colleen McKeown will retire as ...

5 weeks ago - PRNewsWire

Prologis Declares Quarterly Dividend

SAN FRANCISCO , May 9, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending June 30, 2024, on the following securities: A d...

7 weeks ago - PRNewsWire

REITs outperform in a higher interest rate environment, says BMO Capital's Brian Belski

Brian Belski, BMO Capital chief investment strategist, joins CNBC's 'Squawk on the Street' to discuss markets, real estate, and more.

Other symbols: BXPEQIXPSA
7 weeks ago - CNBC Television

Final Trades: Samsara, Prologis and the XLE

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: IOTXLE
2 months ago - CNBC Television

HASI, PLD, RIVN: Celebrating Earth Day with Stock Picks

Hannon Armstrong (HASI) has seen strong revenue growth over the past decade, notes Peter Krull. He discusses celebrating Earth Day with stock picks.

Other symbols: RIVNHASI
2 months ago - Schwab Network

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.

Other symbols: JBHT
2 months ago - CNBC Television

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?

2 months ago - Invezz

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...

2 months ago - PRNewsWire

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...

Other symbols: INVHSUI
3 months ago - Benzinga

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

Other symbols: STAG
4 months ago - CNBC Television

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

5 months ago - CNBC Television

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...

5 months ago - PRNewsWire

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.

Other symbols: WELL
6 months ago - CNBC Television

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...

6 months ago - PRNewsWire

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...

Other symbols: BXP
6 months ago - Yahoo Finance