NYSE:PLD Prologis (PLD) Stock Price, News & Analysis $127.23 -0.18 (-0.14%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$126.05â–Ľ$128.2250-Day Range$111.95â–Ľ$128.9752-Week Range$96.64â–Ľ$137.52Volume2.48 million shsAverage Volume3.62 million shsMarket Capitalization$117.80 billionP/E Ratio37.20Dividend Yield3.02%Price Target$133.12 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Prologis alerts: Email Address Prologis MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside4.6% Upside$133.12 Price TargetShort InterestHealthy1.14% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.85Upright™ Environmental ScoreNews Sentiment0.85Based on 16 Articles This WeekInsider TradingSelling Shares$671,164 Sold Last QuarterProj. Earnings Growth10.70%From $5.42 to $6.00 Per ShareSee Full Details Hide Full Details 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.4.67 out of 5 starsFinance Sector52nd out of 871 stocksReal Estate Investment Trusts Industry4th out of 178 stocks 2.4 Analyst's Opinion Consensus RatingPrologis has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoveragePrologis has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Prologis' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.14% of the outstanding shares of Prologis have been sold short.Short Interest Ratio / Days to CoverPrologis has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Prologis has recently decreased by 9.08%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldPrologis pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrologis has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Prologis is 112.28%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Prologis will have a dividend payout ratio of 64.00% next year. This indicates that Prologis will be able to sustain or increase its dividend.Read more about Prologis' dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePrologis has received a 6.61% net impact score from Upright. Prologis seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Industrial and logistics property leasing services", "Warehouse leasing services", and "Office leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Prologis is -1.85. Previous Next 3.3 News and Social Media Coverage News SentimentPrologis has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Prologis this week, compared to 13 articles on an average week.Search Interest34 people have searched for PLD on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Prologis to their MarketBeat watchlist in the last 30 days. This is a decrease of -72% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prologis insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $671,164.00 in company stock.Percentage Held by InsidersOnly 0.50% of the stock of Prologis is held by insiders.Percentage Held by Institutions93.50% of the stock of Prologis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Prologis' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Prologis are expected to grow by 10.70% in the coming year, from $5.42 to $6.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prologis is 37.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Prologis is 37.20, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.Price to Earnings Growth RatioPrologis has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPrologis has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Prologis' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. 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.Read More PLD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLD Stock News HeadlinesAugust 27, 2024 | insidertrades.comJoseph Ghazal Sells 5,200 Shares of Prologis, Inc. (NYSE:PLD) StockSeptember 6 at 7:39 PM | benzinga.comHere's How Much $1000 Invested In Prologis 10 Years Ago Would Be Worth TodaySeptember 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… September 5 at 5:00 PM | prnewswire.comPrologis to Participate in BofA Securities 2024 Global Real Estate ConferenceSeptember 4 at 1:42 AM | bizjournals.comOakland’s former AB&I Foundry could transform into massive industrial warehouseSeptember 3, 2024 | prnewswire.comPrologis Declares Quarterly DividendSeptember 3, 2024 | seekingalpha.comI Sold These REITsSeptember 2, 2024 | americanbankingnews.comPrologis, Inc. (NYSE:PLD) Receives $133.12 Consensus Price Target from AnalystsSeptember 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 30, 2024 | msn.comShould You be Optimistic on the Growth Prospects of Prologis (PLD)?August 30, 2024 | msn.comPrologis (PLD) Fell on Reducing 2024 GuidanceAugust 30, 2024 | americanbankingnews.comPrologis (NYSE:PLD) Given New $124.00 Price Target at Evercore ISIAugust 29, 2024 | americanbankingnews.comPrologis (NYSE:PLD) PT Raised to $146.00August 29, 2024 | markets.businessinsider.comWells Fargo Sticks to Their Buy Rating for Prologis (PLD)August 29, 2024 | marketwatch.comPrologis Inc. stock underperforms Wednesday when compared to competitorsAugust 28, 2024 | americanbankingnews.comPrologis, Inc. (NYSE:PLD) CIO Joseph Ghazal Sells 5,200 SharesAugust 28, 2024 | americanbankingnews.comScotiabank Increases Prologis (NYSE:PLD) Price Target to $142.00August 28, 2024 | marketwatch.comPrologis Inc. stock rises Tuesday, still underperforms marketSee More Headlines Receive PLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prologis and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/17/2024Dividend Payable6/28/2024Last Earnings7/17/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryIndustrial REITs Current SymbolNYSE:PLD Previous SymbolNYSE:AMB CUSIP74340W10 CIK1045609 Webwww.prologis.com Phone(415) 394-9000Fax415-394-9001Employees2,574Year Founded1983Price Target and Rating Average Stock Price Target$133.12 High Stock Price Target$156.00 Low Stock Price Target$115.00 Potential Upside/Downside+4.6%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$3.42 Trailing P/E Ratio37.20 Forward P/E Ratio23.47 P/E Growth3.28Net Income$3.06 billion Net Margins36.37% Pretax Margin41.10% Return on Equity4.88% Return on Assets3.04% Debt Debt-to-Equity Ratio0.52 Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$7.77 billion Price / Sales15.16 Cash Flow$5.39 per share Price / Cash Flow23.59 Book Value$62.49 per share Price / Book2.04Miscellaneous Outstanding Shares925,844,000Free Float921,215,000Market Cap$117.80 billion OptionableOptionable Beta1.07 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Hamid R. Moghadam (Age 67)Co-Founder, Chairman & CEO Comp: $1.92MMr. Daniel Stephen Letter (Age 46)President Comp: $1.71MMr. Edward Steven Nekritz (Age 58)Chief Legal Officer, General Counsel, Secretary & Head of Global Strategic Risk Mgmt. and ESG Dept. Comp: $1.75MMr. Gary E. Anderson (Age 58)Advisor Comp: $1.55MMr. 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 KeshavChief Technical OfficerMr. Charles E. Sullivan (Age 66)Chief Administrative Officer Ms. Tracy A. WardSenior Vice President of Investor Relations & Corporate CommunicationsMore ExecutivesKey CompetitorsEastGroup PropertiesNYSE:EGPFirst Industrial Realty TrustNYSE:FRSTAG IndustrialNYSE:STAGTerreno RealtyNYSE:TRNOAmerican TowerNYSE:AMTView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 167,861 shares on 9/5/2024Ownership: 0.018%Maven Securities LTDBought 1,800 shares on 8/29/2024Ownership: 0.000%RiverFront Investment Group LLCSold 674 shares on 8/28/2024Ownership: 0.020%Dana Investment Advisors Inc.Sold 1,050 shares on 8/27/2024Ownership: 0.001%New Century Financial Group LLCBought 4,200 shares on 8/27/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Prologis Stock? PLD Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Prologis, Inc.: Prologis has a strong market position as the global leader in logistics real estate, focusing on high-barrier, high-growth markets. Recent target price upgrades by reputable financial institutions like Goldman Sachs and Barclays indicate positive sentiment towards the stock. The company has a solid dividend yield of 3.10%, providing investors with a steady income stream. Prologis has a diverse portfolio of properties and development projects totaling approximately 1.2 billion square feet across 19 countries, reducing risk through geographic diversification. Despite recent fluctuations, Prologis has shown resilience with a market capitalization of $114.79 billion, reflecting investor confidence in the company's long-term prospects. Cons Investors should be bearish about investing in Prologis, Inc. for these reasons: The stock price has experienced recent volatility, with fluctuations impacting short-term investor sentiment. Prologis reported a decrease in revenue during the last quarter, which may raise concerns about the company's ability to maintain growth in a competitive market. With a price-to-earnings ratio of 36.25 and a PEG ratio of 3.02, the stock may be considered relatively expensive compared to industry peers, potentially limiting upside potential. The company's return on equity of 4.88% indicates lower profitability compared to some competitors, which could affect long-term shareholder returns. Investors should monitor the impact of economic conditions on Prologis, as changes in market dynamics could influence the company's performance and stock price. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Prologis pros and cons to contact@marketbeat.com. PLD Stock Analysis - Frequently Asked Questions How have PLD shares performed this year? Prologis' stock was trading at $133.30 at the beginning of the year. Since then, PLD shares have decreased by 4.6% and is now trading at $127.23. View the best growth stocks for 2024 here. How were Prologis' earnings last quarter? Prologis, Inc. (NYSE:PLD) released its earnings results on Wednesday, July, 17th. The real estate investment trust reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by $0.41. The firm's quarterly revenue was down 18.1% 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? Prologis subsidiaries include Liberty Property Trust, Industrial Property Trust, DCT Industrial, KTR Capital Partners, AMB Asia LLC, AMB HFC LP, DCT Industrial TRS Inc., and others. Who are Prologis' major shareholders? Top institutional shareholders of Prologis include APG Asset Management US Inc. (2.13%), Massachusetts Financial Services Co. MA (1.78%), Dimensional Fund Advisors LP (1.43%) and Legal & General Group Plc (1.40%). Insiders that own company stock include Irving F Lyons III, James B Connor, Avid Modjtabai, Joseph Ghazal, 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Prologis, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Prologis With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. 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