Prologis, Inc. (PLD)
| Market Cap | 109.27B |
| Revenue (ttm) | 7.89B |
| Net Income (ttm) | 3.01B |
| Shares Out | 923.97M |
| EPS (ttm) | 3.14 |
| PE Ratio | 37.66 |
| Forward PE | 45.91 |
| Dividend | $3.48 (2.94%) |
| Ex-Dividend Date | Sep 15, 2023 |
| Volume | 4,159,193 |
| Open | 115.05 |
| Previous Close | 114.93 |
| Day's Range | 114.77 - 118.47 |
| 52-Week Range | 96.64 - 136.67 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 140.56 (+18.86%) |
| Earnings Date | Jan 17, 2024 |
About PLD
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At September 30, 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 (114 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 ful... [Read more]
Financial Performance
In 2022, Prologis's revenue was $5.97 billion, an increase of 25.51% compared to the previous year's $4.76 billion. Earnings were $3.36 billion, an increase of 14.50%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PLD stock is "Strong Buy." The 12-month stock price forecast is $140.56, which is an increase of 18.86% from the latest price.
News
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.
Analysts See Strong Upside Trade for Undervalued REITs
Well, you don't have to conjure up some investment that doesn't exist. Real estate investment trusts, often called REITs, are mandated to distribute profits to shareholders to maintain their special ...
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...
Supply Chain Industry Leaders: Embrace AI or Get Left Behind
Technology, Energy and Logistics Leaders Gathered for GROUNDBREAKERS 2023 SAN FRANCISCO , Sept. 27, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today h...
MEDIA ALERT: GLOBAL SUPPLY CHAIN EVENT FEATURING LEADERS FROM PROLOGIS, HOME DEPOT, NVIDIA, INSTACART, BYD AMERICAS AND MORE
SAN FRANCISCO, Sept. 20, 2023 /PRNewswire/ -- WHAT: Prologis' GROUNDBREAKERS 2023 – GROUNDBREAKERS is Prologis' annual thought leadership forum that brings together business leaders, industry experts...
Prologis to Participate in Industry Conferences in New York City
SAN FRANCISCO , Sept. 8, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Tim Arndt, chief financial officer, will participate in two c...
Prologis Declares Quarterly Dividend
SAN FRANCISCO , Sept. 6, 2023 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending September 30, 2023, on the following securiti...
Prologis Clears Redemption Queue in U.S. and European Funds; Commits $500M to U.S./EU Funds
SAN FRANCISCO , Aug. 29, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it has cleared all redemption requests as of June 30, 2023 for its...
3 High Dividend REITs That Analysts Are Bullish On
After declining 24% last year, the S&P United States REIT index is up 6% so far this year. Of course, with domestic equities vastly outperforming, the sector has been more of an afterthought.
Credit downgrade doesn't directly impact flow of goods: Prologis exec
Real estate investment trust (REIT) Prologis is reportedly positioned against volatility in the case of elevated interest rates and the recent credit downgrade to U.S. debt. Chris Caton, Prologis Mana...
The Chartmaster Carter Worth sticks to REITs
Carter Worth, Worth Charting, talks the office space rebound and why he is sticking with REITs.
After Earnings Results, Markets Love Prologis Stock
As earnings season kicks off, a different set of stocks goes under the scrutinizing spotlight of financial markets' judgment. In today's market, there are clear signs of favoritism and preference as i...
US warehouse rents will defy logistics transportation rate drop -Prologis CEO
Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world's largest warehouse landlord told Reuters on Tuesday.
Our business has been on 'steroids' for the last 2-3 years, says Prologis CEO Hamid Moghadam
Hamid Moghadam, Prologis CEO, joins 'Closing Bell Overtime' to talk the company's second quarter earnings, the rental market and more.
Prologis to keep pushing rents up ‘pretty hard' even as occupancy falls
Shares of Prologis Inc. sank Tuesday, after the fulfillment-center real-estate company reported a disappointing drop in second-quarter occupancy as it plans to keep pushing “pretty hard” to raise rent...
Prologis Boosts Outlook on Record Quarterly Earnings
The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters.
Prologis stock rallies after profit and revenue beats, as net rent change in U.S. jumps 92%
Shares of Prologis Inc. PLD, +0.18% surged 2.4% toward a five-month high in premarket trading Tuesday, after the logistics real estate giant reported second-quarter profit and revenue that rose well a...
Prologis Reports Second Quarter 2023 Results
Premium Global Portfolio Continues to Drive Record Results SAN FRANCISCO , July 18, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported second q...
Prologis to Announce Second Quarter 2023 Results July 18
SAN FRANCISCO , July 3, 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 second qu...
Prologis buying $3.1B industrial property portfolio from Blackstone
The portfolio includes nearly 14 million square feet in about 70 properties in Atlanta, California, Dallas, south Florida and the Washington, D.C., and New York regions.
Prologis acquires $3.1B warehouse portfolio from Blackstone
Logistics real estate operator Prologis announced Monday it entered into an all-cash agreement to acquire a $3.1 billion industrial real estate portfolio from Blackstone. The acquisition includes near...