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Prologis (PLD) Stock Price, News & Analysis

$114.46
+1.16 (+1.02%)
(As of 07/5/2024 08:53 PM ET)
Today's Range
$113.08
$114.94
50-Day Range
$101.84
$114.45
52-Week Range
$96.64
$137.52
Volume
2.25 million shs
Average Volume
3.72 million shs
Market Capitalization
$105.97 billion
P/E Ratio
33.47
Dividend Yield
3.35%
Price Target
$129.76

Prologis MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
13.4% Upside
$129.76 Price Target
Short Interest
Healthy
1.07% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.85
Upright™ Environmental Score
News Sentiment
1.11mentions of Prologis in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.99%
From $5.42 to $6.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Finance Sector

77th out of 822 stocks

Real Estate Investment Trusts Industry

7th out of 174 stocks

PLD stock logo

About Prologis Stock (NYSE: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 fulfillment.

PLD Stock Price History

PLD Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
3 Stocks to Buy Hand Over Fist in June 2024
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Prologis Is A Bargain After Its Recent Price Drop
See More Headlines
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Company Calendar

Last Earnings
1/17/2024
Ex-Dividend for 6/28 Dividend
6/17/2024
Dividend Payable
6/28/2024
Today
7/07/2024
Next Earnings (Confirmed)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
CUSIP
74340W10
Employees
2,574
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$129.76
High Stock Price Target
$154.00
Low Stock Price Target
$112.00
Potential Upside/Downside
+13.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$3.06 billion
Pretax Margin
43.81%

Debt

Sales & Book Value

Annual Sales
$8.02 billion
Cash Flow
$5.42 per share
Book Value
$62.51 per share

Miscellaneous

Free Float
920,659,000
Market Cap
$105.97 billion
Optionable
Optionable
Beta
1.06

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Key Executives

  • Mr. Hamid R. MoghadamMr. Hamid R. Moghadam (Age 67)
    Co-Founder, Chairman & CEO
    Comp: $1.92M
  • Mr. Daniel Stephen Letter (Age 46)
    President
    Comp: $1.71M
  • Mr. Edward Steven Nekritz (Age 58)
    Chief Legal Officer, General Counsel, Secretary & Head of Global Strategic Risk Mgmt. and ESG Dept.
    Comp: $1.75M
  • Mr. Gary E. AndersonMr. Gary E. Anderson (Age 58)
    Advisor
    Comp: $1.55M
  • Mr. Carter H. Andrus (Age 45)
    Chief Operating Officer
  • Mr. Joseph Ghazal (Age 52)
    Chief Investment Officer
  • Ms. Lori A. Palazzolo CPA (Age 60)
    MD, Chief Accounting Officer & Senior VP
  • Mr. Sineesh Keshav
    Chief Technical Officer
  • Mr. Charles E. Sullivan (Age 66)
    Chief Administrative Officer
  • Ms. Tracy A. Ward
    Senior Vice President of Investor Relations & Corporate Communications

PLD Stock Analysis - Frequently Asked Questions

How have PLD shares performed this year?

Prologis' stock was trading at $133.30 at the beginning of 2024. Since then, PLD stock has decreased by 14.1% and is now trading at $114.46.
View the best growth stocks for 2024 here
.

How were Prologis' earnings last quarter?

Prologis, Inc. (NYSE:PLD) posted its quarterly earnings data on Wednesday, January, 17th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $1.26 by $0.58. The company's revenue for the quarter was up 7.8% on a year-over-year basis.
Read the conference call transcript
.

What is Hamid R. Moghadam's approval rating as Prologis' CEO?

68 employees have rated Prologis Chief Executive Officer Hamid R. Moghadam on Glassdoor.com. Hamid R. Moghadam has an approval rating of 99% among the company's employees. This puts Hamid R. Moghadam in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does Prologis have any subsidiaries?

The following companies are subsidiaries of Prologis: Liberty Property Trust, Industrial Property Trust, DCT Industrial, KTR Capital Partners, AMB Asia LLC, AMB HFC LP, DCT Industrial TRS Inc., and more.

Who are Prologis' major shareholders?

Top institutional shareholders of Prologis include DNB Asset Management AS (0.02%), Pensionfund DSM Netherlands (0.02%), Hudson Valley Investment Advisors Inc. ADV (0.01%) and Massmutual Trust Co. FSB ADV. Insiders that own company stock include Irving F Lyons III, James B Connor, Avid Modjtabai, David P Oconnor, George L Fotiades, William D Zollars and Hamid R Moghadam.
View institutional ownership trends
.

How do I buy shares of Prologis?

Shares of PLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Prologis own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Prologis investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD), Salesforce (CRM), AbbVie (ABBV) and Johnson & Johnson (JNJ).

This page (NYSE:PLD) was last updated on 7/8/2024 by MarketBeat.com Staff

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