Prologis, Inc. (PLD)

NYSE: PLD · IEX Real-Time Price · USD
131.22
-0.17 (-0.13%)
At close: Aug 8, 2022 4:03 PM
132.11
+0.89 (0.68%)
After-hours: Aug 8, 2022 5:44 PM EDT
-0.13%
Market Cap 97.15B
Revenue (ttm) 4.83B
Net Income (ttm) 3.72B
Shares Out 740.38M
EPS (ttm) 4.99
PE Ratio 26.30
Forward PE 54.95
Dividend $2.84 (2.16%)
Ex-Dividend Date Jun 15, 2022
Volume 2,303,336
Open 132.64
Previous Close 131.39
Day's Range 130.22 - 134.00
52-Week Range 106.46 - 174.54
Beta 0.88
Analysts Buy
Price Target 161.77 (+23.3%)
Earnings Date Jul 18, 2022

About PLD

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, 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 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fu... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Mar 1, 1994
CEO Hamid Moghadam
Employees 2,053
Stock Exchange NYSE
Ticker Symbol PLD
Full Company Profile

Financial Performance

In 2021, Prologis's revenue was $4.76 billion, an increase of 7.23% compared to the previous year's $4.44 billion. Earnings were $2.94 billion, an increase of 98.39%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for PLD stock is "Buy." The 12-month stock price forecast is 161.77, which is an increase of 23.28% from the latest price.

Price Target
$161.77
(23.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Prologis Sets Meeting and Record Dates for Special Meeting

SAN FRANCISCO , July 28, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) ("Prologis") today announced that its Board of Directors has called a special meeting of its stockholders to consider and vote on...

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Prologis CEO says he expects Duke Realty deal to close by the end of the third quarter

CNBC's Jim Cramer spoke with Prologis CEO Hamid Moghadam on Monday's episode of "Mad Money."

Other symbols: DRE

Wall Street Analysts Believe Prologis (PLD) Could Rally 30%: Here's is How to Trade

The mean of analysts' price targets for Prologis (PLD) points to a 29.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts i...

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Prologis report sees modest uptick in logistics warehouse vacancies

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Forget What You've Heard: This REIT Isn't Seeing Any Slowdown

Prologis made it clear that demand for warehouse space isn't cooling off.

Prologis sees ‘normalization' in warehouse demand off all-time highs

On a Monday call with analysts, management from logistics warehouse operator Prologis Inc. noted some moderation in demand for logistics space but with the caveat that the change represents only a modes...

Prologis (PLD) Q2 FFO & Revenues Grow Y/Y, 2022 View Up

Prologis' (PLD) second-quarter 2022 results reflect improvement in average occupancy and rent growth. It raises 2022 guidance.

Prologis (PLD) Lags Q2 FFO and Revenue Estimates

Prologis (PLD) delivered FFO and revenue surprises of -0.89% and 0.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Logistics warehouse giant Prologis ups guidance again

Logistics real estate investment trust Prologis Inc. raised its full-year 2022 guidance Monday, noting the market indicators it follows “remain strong.” “The pandemic drove record demand for the past tw...

Prologis Marks ‘Unprecedented' Rise in Rental Growth

COVID-19 helped fuel strong demand for warehousing space, the world's largest logistics and warehousing landlord said Monday (July 18). “The pandemic drove record demand for the past two years, which tr...

Prologis Reports Second Quarter 2022 Earnings Results

Market growth indicators remain strong SAN FRANCISCO , July 18, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the second quarter...

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Prologis (PLD) Boasts Earnings & Price Momentum: Should You Buy?

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