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Prologis (PLD)
NYSE:PLD
Prologis (PLD) Stock Price & Analysis
2,138 Followers
PLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$95.32 - $135.76
Previous Close$104.06
Volume2.87M
Average Volume (3M)3.60M
Market Cap
$98.73B
Enterprise Value$132.39B
Total Cash (Recent Filing)$500.59M
Total Debt (Recent Filing)$29.56B
Price to Earnings (P/E)31.5
Beta1.48
Next Earnings
Jul 15, 2024EPS Estimate
$0.64Last Dividend Ex-Date
Mar 15, 2024Dividend Yield3.45%
Share Statistics
EPS (TTM)3.30
Shares Outstanding924,881,000
10 Day Avg. Volume5,448,121
30 Day Avg. Volume3,595,959
Standard Deviation0.08
R-Squared0.47
Alpha0.00329
Financial Highlights & Ratios
Price to Book (P/B)1.81
Price to Sales (P/S)49.19
Price to Cash Flow (P/CF)22.80
P/FCF Ratio63.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.12
Enterprise Value/Gross Profit20.69
Enterprise Value/Ebitda20.84
Forecast
1Y Price Target
$135.67Price Target Upside29.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Prologis News
Bulls Say, Bears Say
Bulls Say
Growth PotentialAnalyst estimates 7.8% core FFO growth for PLD in 2024E, outpacing the REITs sector's overall growth rate.
Market DynamicsManagement is bullish on the SoCal recovery, given droughts in the Panama Canal + tensions in the Suez will diverts traffic to West Coast ports.
ValuationPLD is trading at its lowest multiple since 2Q16, and its lowest relative to REITs since 3Q22, indicating a potential undervaluation.
Bears Say
Company PerformanceThe sentiment towards industrial REIT valuations has been impacted by lowered rent growth expectations and lease renewals.
Financial GuidanceGuidance for future financial performance has been reduced, reflecting concerns over cost control and leasing decisions by tenants.
Market OutlookOngoing macro uncertainty surrounding interest rates, inflation, and geopolitical unrest have delayed tenant decision-making and leasing decisions.
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Ownership Overview
0.54% Insiders
27.84% Mutual Funds
31.37% Other Institutional Investors
40.25% 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 $95.32 and its highest was $135.75 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 Jul 15, 2024 which is in 75 days.
How were Prologis’s earnings last quarter?
Prologis released its earnings results on Apr 17, 2024. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.05.
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 3.45%. See more information on Prologis dividends here
What is Prologis’s EPS estimate?
Prologis’s EPS estimate is $0.64.
How many shares outstanding does Prologis have?
Prologis has 925,844,000 shares outstanding.
What happened to Prologis’s price movement after its last earnings report?
Prologis reported an EPS of $0.63 in its last earnings report, beating expectations of $0.58. Following the earnings report the stock price went down -7.19%.
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 326M.
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Prologis Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$135.67 (29.20% Upside)
$135.67 (29.20% Upside)
Blogger Sentiment
Bullish
PLD Sentiment 96%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 459.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.78%
12-Months-Change
Fundamentals
Return on Equity
6.00%
Trailing 12-Months
Asset Growth
5.41%
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
Q1 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 Months Forecast
Average Price Target
$135.67
▲(29.20% Upside)
Technical Analysis
Best Analysts Covering PLD
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+5.68%
reiterated a buy rating 6 days ago
Copying Michael Mueller's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +5.68% per trade.
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