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Prologis (PLD)
NYSE:PLD
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PLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$101.11 - $137.52
Previous Close$115.13
Volume2.82M
Average Volume (3M)3.54M
Market Cap
$109.30B
Enterprise Value$145.40B
Total Cash (Recent Filing)$780.87M
Total Debt (Recent Filing)$32.29B
Price to Earnings (P/E)35.5
Beta1.22
Next Earnings
Jan 28, 2025EPS Estimate
$0.73Last Dividend Ex-Date
Sep 16, 2024Dividend Yield3.27%
Share Statistics
EPS (TTM)3.25
Shares Outstanding926,175,000
10 Day Avg. Volume3,706,157
30 Day Avg. Volume3,544,073
Standard Deviation0.08
R-Squared0.44
Alpha-0.00292
Financial Highlights & Ratios
Price to Book (P/B)2.01
Price to Sales (P/S)13.31
Price to Cash Flow (P/CF)18.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.43
Enterprise Value/Gross Profit24.18
Enterprise Value/Ebitda32.13
Forecast
1Y Price Target
$133.23Price Target Upside16.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Prologis News
PremiumCompany Announcements
Prologis Reports Strong Q3 2024 Financial ResultsBulls Say, Bears Say
Bulls Say
Data Center DevelopmentData Center development presents a unique value creation opportunity for PLD, with management anticipating development margins 2-3x higher than traditional warehouse margins.
Financial PerformanceCore FFO guidance for 2024 has been raised, indicating stronger expected financial performance.
Leasing And AcquisitionsPrologis reported strong leasing spreads and an increase in acquisitions, indicating confidence in the long-term outlook for the sector.
Bears Say
Financial PerformancePrologis foreshadowed a lower baseline for 2025 earnings growth, as management indicated +4.5-5.0% annual SSNOI growth, driven by scheduled lease expirations, re-leasing spreads and occupancy.
Market ConditionsSoCal remains the weakest market as rents are off 35% from the frothy peaks of 2023, and management expects some further downside.
Tenant ActivityDemand remains muted with tenants taking longer to make leasing decisions and utilization remains below average.
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Ownership Overview
0.26% Insiders
27.80% Mutual Funds
18.76% Other Institutional Investors
27.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLD FAQ
What was Prologis’s price range in the past 12 months?
Prologis lowest stock price was $101.11 and its highest was $137.52 in the past 12 months.
What is Prologis’s market cap?
Currently, no data Available
When is Prologis’s upcoming earnings report date?
Prologis’s upcoming earnings report date is Jan 28, 2025 which is in 66 days.
How were Prologis’s earnings last quarter?
Prologis released its earnings results on Oct 16, 2024. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.656 by $0.424.
Is Prologis overvalued?
According to Wall Street analysts Prologis’s price is currently Undervalued.
Does Prologis pay dividends?
Prologis pays a Quarterly dividend of $0.96 which represents an annual dividend yield of 3.27%. See more information on Prologis dividends here
What is Prologis’s EPS estimate?
Prologis’s EPS estimate is $0.73.
How many shares outstanding does Prologis have?
Prologis has 926,175,000 shares outstanding.
What happened to Prologis’s price movement after its last earnings report?
Prologis reported an EPS of $1.08 in its last earnings report, beating expectations of $0.656. Following the earnings report the stock price went up 4.597%.
Which hedge fund is a major shareholder of Prologis?
Among the largest hedge funds holding Prologis’s share is AEW Capital Management, L.P.. It holds Prologis’s shares valued at 275M.
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Prologis Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$133.23 (16.32% Upside)
$133.23 (16.32% Upside)
Blogger Sentiment
Bullish
PLD Sentiment 96%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 271.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $671.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.75%
12-Months-Change
Fundamentals
Return on Equity
5.78%
Trailing 12-Months
Asset Growth
4.30%
Trailing 12-Months
Company Description
Prologis
Prologis, Inc. is a real estate investment trust which is engaged in the logistics real estate business. The company owns, operates and develops industrial real estate, with a focus on the consumption side of the global supply chain.
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PLD Company Deck
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PLD Earnings Call
Q3 2024
0:00 / 0:00
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PLD Revenue Breakdown
84.98% Rental
14.96% Strategic capital segment
0.06% Development management and other
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PLD Stock 12 Month Forecast
Average Price Target
$133.23
▲(16.32% Upside)
Technical Analysis
Best Analysts Covering PLD
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+11.10%
reiterated a buy rating 10 months ago
Copying Steve Manaker's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +11.10% per trade.
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