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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 - $135.76
Previous Close$111.13
Volume5.59M
Average Volume (3M)3.71M
Market Cap
$105.50B
Enterprise Value$141.60B
Total Cash (Recent Filing)$780.87M
Total Debt (Recent Filing)$32.29B
Price to Earnings (P/E)34.2
Beta1.26
Next Earnings
Jan 28, 2025EPS Estimate
$0.71Last Dividend Ex-Date
Dec 16, 2024Dividend Yield3.37%
Share Statistics
EPS (TTM)3.25
Shares Outstanding926,175,000
10 Day Avg. Volume3,526,051
30 Day Avg. Volume3,712,654
Standard Deviation0.08
R-Squared0.44
Alpha-0.00339
Financial Highlights & Ratios
Price to Book (P/B)1.94
Price to Sales (P/S)13.04
Price to Cash Flow (P/CF)17.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.95
Enterprise Value/Gross Profit23.55
Enterprise Value/Ebitda31.29
Forecast
1Y Price Target
$129.00Price Target Upside18.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Prologis News
Bulls Say, Bears Say
Bulls Say
Development OpportunitiesData Center development presents a unique value creation opportunity for PLD, with management anticipating development margins 2-3x higher than traditional warehouse margins.
Earnings GrowthPrologis reported strong leasing spreads and an increase in acquisitions, indicating confidence in the long-term outlook for the sector.
Financial PerformanceCore FFO guidance for 2024 has been raised, indicating stronger expected financial performance.
Bears Say
Industrial Leasing DemandIndustrial leasing demand is down 56% year-over-year, with no immediate rebound forecasted as Amazon is expanding modestly and shifting toward higher warehouse ownership.
Market Rents And PerformanceSouthern California remains a weak market, with rents down 35% from the 2023 peaks, and management anticipates further declines, contributing to a muted demand and limited occupancy growth.
Valuation And GrowthPLD's valuation appears expensive, with its AFFO yield premium compared to the risk-free rate, and its embedded growth is expected to return to pre-COVID levels by 2026.
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Ownership Overview
0.26% Insiders
27.35% Mutual Funds
18.89% Other Institutional Investors
29.12% 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 $135.76 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 38 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 $0.959 which represents an annual dividend yield of 3.37%. See more information on Prologis dividends here
What is Prologis’s EPS estimate?
Prologis’s EPS estimate is $0.71.
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 258M.
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Prologis Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$129.00 (18.49% Upside)
$129.00 (18.49% Upside)
Blogger Sentiment
Bullish
PLD Sentiment 96%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 76.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.41%
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
$129.00
▲(18.49% Upside)
Technical Analysis
Best Analysts Covering PLD
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
+11.81%
reiterated a buy rating last month
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +11.81% per trade.
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