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Prologis (PLD)
NYSE:PLD
Prologis (PLD) Stock Price & Analysis
2,318 Followers
PLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$94.51 - $134.59
Previous Close$123.75
Volume3.49M
Average Volume (3M)4.11M
Market Cap
$117.41B
Enterprise Value$151.08B
Total Cash (Recent Filing)$500.59M
Total Debt (Recent Filing)$29.56B
Price to Earnings (P/E)41.5
Beta1.48
Next Earnings
Oct 15, 2024EPS Estimate
$0.65Last Dividend Ex-Date
Jun 17, 2024Dividend Yield2.96%
Share Statistics
EPS (TTM)2.98
Shares Outstanding925,844,000
10 Day Avg. Volume4,755,487
30 Day Avg. Volume4,110,271
Standard Deviation0.08
R-Squared0.46
Alpha-0.00081
Financial Highlights & Ratios
Price to Book (P/B)1.91
Price to Sales (P/S)12.62
Price to Cash Flow (P/CF)24.00
P/FCF Ratio66.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.40
Enterprise Value/Gross Profit25.12
Enterprise Value/Ebitda23.78
Forecast
1Y Price Target
$128.50Price Target Upside3.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Prologis News
PremiumCompany Announcements
Prologis Q2 2024 Financial Snapshot RevealedBulls Say, Bears Say
Bulls Say
Leasing ActivityLeasing activity picked up 27% quarter-over-quarter, returning to quarterly highs.
Operational PerformancePrologis reported a 2Q24 beat with core operations coming in better-than-expected.
ValuationsValuations have inflected positively in both US and Europe, indicating strong market confidence.
Bears Say
DemandDeclining demand for warehouse—resulting in higher vacancy and lower market rents, which PLD's share price is highly correlated to.
GuidanceThe company uncharacteristically reduced FY24 FFO and SS NOI guidance due to tenants' focus on controlling costs impacting leasing decisions.
OccupancyPLD's occupancy dipped -100bps from 3/31 to 96.0%, following a -60bps decline q/q in 1Q24.
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Ownership Overview
0.54% Insiders
27.98% Mutual Funds
26.43% Other Institutional Investors
45.05% 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 $94.51 and its highest was $134.59 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 Oct 15, 2024 which is in 85 days.
How were Prologis’s earnings last quarter?
Prologis released its earnings results on Jul 17, 2024. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.616 by $0.304.
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 2.96%. See more information on Prologis dividends here
What is Prologis’s EPS estimate?
Prologis’s EPS estimate is $0.65.
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 $0.92 in its last earnings report, beating expectations of $0.616. Following the earnings report the stock price went up 1.416%.
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 254M.
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Prologis Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$128.50 (3.84% Upside)
$128.50 (3.84% Upside)
Blogger Sentiment
Bullish
PLD Sentiment 96%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 644.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.79%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.24%
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
Q2 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
$128.50
▲(3.84% Upside)
Technical Analysis
Best Analysts Covering PLD
1 Year
1 Year Success Rate
21/29 ratings generated profit
1 Year Average Return
+10.38%
reiterated a buy rating 3 months ago
Copying Michael Carroll's trades and holding each position for 1 Year would result in 72.41% of your transactions generating a profit, with an average return of +10.38% per trade.
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