Prologis (PLD) Stock Price, News & Analysis

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last twelve months. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PLD shares.
View PLD analyst ratings or view top-rated stocks.

13 Wall Street analysts have issued 1-year target prices for Prologis' stock. Their PLD share price targets range from $120.00 to $170.00. On average, they anticipate the company's stock price to reach $139.27 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for PLD or view top-rated stocks among Wall Street analysts.

Prologis' stock was trading at $112.73 at the start of the year. Since then, PLD stock has increased by 18.2% and is now trading at $133.30.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 17th 2024.
View our PLD earnings forecast.

Prologis will be holding an earnings conference call on Wednesday, January 17th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13743461".

Prologis, Inc. (NYSE:PLD) announced its earnings results on Tuesday, October, 17th. The real estate investment trust reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.04. The real estate investment trust earned $1.78 billion during the quarter, compared to analysts' expectations of $1.72 billion. Prologis had a net margin of 38.24% and a trailing twelve-month return on equity of 5.21%. The business's revenue was up 53.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.73 EPS.
Read the conference call transcript.

Prologis announced a quarterly dividend on Thursday, December 7th. Investors of record on Monday, December 18th will be given a dividend of $0.87 per share on Friday, December 29th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Friday, December 15th.
Read our dividend analysis for PLD.

Prologis (NYSE:PLD) pays an annual dividend of $3.48 per share and currently has a dividend yield of 2.61%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 107.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PLD will have a dividend payout ratio of 63.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLD.

ETFs with the largest weight of Prologis (NYSE:PLD) stock in their portfolio include iShares US Credit Bond ETF (CRED), Pacer Industrial Real Estate ETF (INDS), Janus Henderson U.S. Real Estate ETF (JRE), SPDR Dow Jones REIT ETF (RWR), SP Funds S&P Global REIT Sharia ETF (SPRE), Real Estate Select Sector SPDR Fund (XLRE), ALPS Active REIT ETF (REIT) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE).

Prologis updated its FY 2023 earnings guidance on Tuesday, October, 17th. The company provided earnings per share guidance of $5.58-$5.60 for the period, compared to the consensus EPS estimate of $5.59. The company issued revenue guidance of -.

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.

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

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.
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