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NYSE:PLD

Prologis - PLD Stock Forecast, Price & News

$126.54

-0.09 (-0.07%)

(As of 09/8/2022 10:28 AM ET)

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Today's Range: $125.09
▼
$126.89
50-Day Range: $117.65
▼
$138.38
52-Week Range: $106.46
▼
$174.54

Volume: 13,417 shs
Average Volume: 2.17 million shs
Market Capitalization: $93.69 billion

P/E Ratio: 25.31
Dividend Yield: 2.55%
Price Target: $173.38

Prologis MarketRank™ Forecast

Analyst Rating: Buy
3.20 Rating Score
Upside/Downside: 37.2% Upside
$173.38 Price Target
Short Interest: Bearish
2.45% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.02
Upright™ Environmental Score
News Sentiment: 0.41
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.22%
From $5.17 to $5.75 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Finance Sector

203rd out of 870 stocks

Real Estate Investment Trusts Industry

39th out of 194 stocks

3.6

Analyst's Opinion

Consensus Rating
Prologis has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $173.38, Prologis has a forecasted upside of 37.2% from its current price of $126.39.
Amount of Analyst Coverage
Prologis has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.45% of the float of Prologis has been sold short.
Short Interest Ratio / Days to Cover
Prologis has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Prologis has recently increased by 5.87%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Prologis pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Prologis has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Prologis is 63.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Prologis will have a dividend payout ratio of 54.96% next year. This indicates that Prologis will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Prologis has received a 39.39% net impact score from Upright. Prologis seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in industrial, logistics and warehousing buildings", "Industrial and logistics property leasing services", and "Real estate development services of industrial buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for Prologis is -1.02.

1.3

News and Social Media Coverage

News Sentiment
Prologis has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Prologis this week, compared to 9 articles on an average week.
Search Interest
Only 42 people have searched for PLD on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
MarketBeat Follows
Only 21 people have added Prologis to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Prologis insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Prologis is held by insiders.
Percentage Held by Institutions
94.01% of the stock of Prologis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Prologis are expected to grow by 11.22% in the coming year, from $5.17 to $5.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Prologis is 25.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Prologis is 25.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.71.
Price to Earnings Growth Ratio
Prologis has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Prologis has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Prologis (NYSE:PLD) Stock

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

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PLD Stock News Headlines

September 8, 2022 | seekingalpha.com

Duke Realty Stock: Great Company, But Overvalued (NYSE:DRE) - Seeking Alpha

September 7, 2022 | benzinga.com

Prologis Inc (PLD) – Here's How Much $100 Invested In Prologis 10 Years Ago Would Be Worth Today - Benzinga

September 8, 2022 | Investing Trends (Ad)

Potential Gold Rush For Investors Sparked By USA Vs. China Trade War

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September 1, 2022 | finance.yahoo.com

Prologis Declares Quarterly Dividend

September 1, 2022 | finance.yahoo.com

Is Prologis (PLD) a Worthy Investment?

August 31, 2022 | nasdaq.com

My Favorite Growth Stocks for These Uncertain Times - Nasdaq

August 31, 2022 | streetinsider.com

Form S-4 Prologis, L.P. - StreetInsider.com

August 31, 2022 | seekingalpha.com

Which Is The Better Buy: W. P. Carey Or Prologis (NYSE:PLD) - Seeking Alpha

September 8, 2022 | x1esports (Ad)

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This gaming and media portfolio company is bringing a unique rollup strategy and diverse blend of experience brought by its management team to a changing, highly fragmented space.

August 30, 2022 | fool.com

2 Monster Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague - The Motley Fool

August 30, 2022 | fool.com

3 Booming Stocks That Can Get You on the Gravy Train - The Motley Fool

August 30, 2022 | nasdaq.com

Top Stock Picks for Week of August 29, 2022 - Nasdaq

August 30, 2022 | finance.yahoo.com

3 Booming Stocks That Can Get You on the Gravy Train

August 29, 2022 | msn.com

Top Stock Picks for Week of August 29, 2022

August 28, 2022 | nasdaq.com

Prologis, Inc. (NYSE:PLD) insiders sold US$57m worth of stock, possibly signalling a downtrend - Nasdaq

August 25, 2022 | nasdaq.com

Key Factors Why Prologis (PLD) Stock Price Jumps 11.4% QTD - Nasdaq

August 25, 2022 | bizjournals.com

Lyft HQ, Prologis datacenter, Ford EV plant: The National Observer Aug. 25, 2022 - The Business Journals

August 25, 2022 | finance.yahoo.com

Key Factors Why Prologis (PLD) Stock Price Jumps 11.4% QTD

August 23, 2022 | seekingalpha.com

Double Down On Prologis With Japanese Sponsor

August 23, 2022 | nytimes.com

Red-Hot Warehouse Market Tested as Consumer Spending Slows - The New York Times

August 22, 2022 | nasdaq.com

Broadcom Moves Up In Analyst Rankings, Passing Prologis - Nasdaq

August 19, 2022 | nasdaq.com

3 Brilliant Ways to Earn Regular Passive Income - Nasdaq

August 19, 2022 | fool.com

3 Brilliant Ways to Earn Regular Passive Income - The Motley Fool

August 19, 2022 | nasdaq.com

4 Things the Smartest Real Estate Investors Do in Any Market - Nasdaq

August 19, 2022 | finance.yahoo.com

3 Brilliant Ways to Earn Regular Passive Income

August 18, 2022 | bizjournals.com

After Amazon pullback, Prologis unveils new plans for San Leandro site - San Francisco Business Times - The Business Journals

August 18, 2022 | bizjournals.com

Rosecroft Raceway owner agrees to sell storied Fort Washington track

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PLD Company Calendar

Ex-Dividend for 6/30 Dividend: 6/15/2022
Dividend Payable: 6/30/2022
Last Earnings: 7/18/2022
Today: 9/08/2022
Ex-Dividend for 9/30 Dividend: 9/14/2022
Dividend Payable: 9/30/2022
Next Earnings (Estimated): 10/21/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Industrial REITs
Sector: Finance
Current Symbol: NYSE:PLD
Previous Symbol: NYSE:AMB
CUSIP: 74340W10
CIK: 1045609
Web: www.prologis.com
Phone: (415) 394-9000
Fax: 415-394-9001
Employees: 2,053
Year Founded: 1983

Price Target and Rating

Average Stock Price Forecast: $173.38
High Stock Price Forecast: $209.00
Low Stock Price Forecast: $134.00
Forecasted Upside/Downside: +37.0%
Consensus Rating: Buy
Rating Score (0-4): 3.20
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.00
Trailing P/E Ratio: 25.31
Forward P/E Ratio: 24.48
P/E Growth: 2.66
Net Income: $2.94 billion
Net Margins: 75.72%
Pretax Margin: 84.01%
Return on Equity: 9.85%
Return on Assets: 6.36%

Debt

Debt-to-Equity Ratio: 0.46
Current Ratio: 0.42
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $4.76 billion
Price / Sales: 19.68
Cash Flow: $6.05 per share
Price / Cash Flow: 20.91
Book Value: $50.96 per share
Price / Book: 2.48

Miscellaneous

Outstanding Shares: 740,380,000
Free Float: 735,195,000
Market Cap: $93.69 billion
Optionable: Optionable
Beta: 0.88

Social Links

Key Executives

Mr. Hamid R. Moghadam (Age 65)
Co-Founder, Chairman & CEO
Comp: $2.64M

Mr. Gary E. Anderson (Age 56)
Chief Operating Officer
Comp: $2.82M

Mr. Eugene Frederick Reilly (Age 60)
Chief Investment Officer
Comp: $3.17M

Mr. Edward S. Nekritz (Age 56)
Chief Legal Officer, Gen. Counsel, Sec. & Head of Global Strategic Risk Mgmt. and ESG Dept.
Comp: $2.76M

Mr. Thomas S. Olinger (Age 55)
Advisor
Comp: $2.55M

Mr. Timothy D. Arndt (Age 49)
CFO, MD of Treasury & Financial Planning and Treasurer

Ms. Lori A. Palazzolo CPA (Age 58)
MD, Chief Accounting Officer & Sr. VP

Mr. Sineesh Keshav
Chief Technical Officer

Mr. Charles E. Sullivan (Age 64)
Chief Admin. Officer

Ms. Tracy A. Ward
Sr. VP of Investor Relations & Corp. Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PLD Stock - Frequently Asked Questions

Should I buy or sell Prologis stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prologis in the last year. There are currently 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLD shares.
View PLD analyst ratings or view top-rated stocks.
What is Prologis' stock price forecast for 2022?: 10 Wall Street analysts have issued 12-month price objectives for Prologis' shares. Their PLD share price forecasts range from $134.00 to $209.00. On average, they predict the company's stock price to reach $173.38 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for PLD or view top-rated stocks among Wall Street analysts.
How have PLD shares performed in 2022?: Prologis' stock was trading at $168.36 at the beginning of the year. Since then, PLD stock has decreased by 25.1% and is now trading at $126.16.
View the best growth stocks for 2022 here.
When is Prologis' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, October 21st 2022.
View our PLD earnings forecast.
How were Prologis' earnings last quarter?: Prologis, Inc. (NYSE:PLD) announced its earnings results on Monday, July, 18th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by $0.30. The real estate investment trust had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.09 billion. Prologis had a trailing twelve-month return on equity of 9.85% and a net margin of 75.72%. Prologis's revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 EPS.
Read the conference call transcript.
How often does Prologis pay dividends? What is the dividend yield for Prologis?: Prologis declared a quarterly dividend on Thursday, September 1st. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.79 per share on Friday, September 30th. This represents a $3.16 annualized dividend and a yield of 2.50%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for PLD.
Is Prologis a good dividend stock?: Prologis (NYSE:PLD) pays an annual dividend of $3.16 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 63.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PLD will have a dividend payout ratio of 54.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLD.
What guidance has Prologis issued on next quarter's earnings?: Prologis updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $4.54-$4.58 for the period. The company issued revenue guidance of -.

What is Hamid R. Moghadam's approval rating as Prologis' CEO?: 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.
What other stocks do shareholders of Prologis own?: 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).
What is Prologis' stock symbol?: Prologis trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLD."
Who are Prologis' major shareholders?: Prologis' stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (6.90%), FMR LLC (3.25%), Northern Trust Corp (1.52%), Principal Financial Group Inc. (1.48%), Price T Rowe Associates Inc. MD (1.38%) and Legal & General Group Plc (1.20%). Insiders that own company stock include Avid Modjtabai, George L Fotiades, Hamid R Moghadam, Irving F Lyons III, Jeffrey L Skelton, Lydia H Kennard, Lydia H Kennard and William D Zollars.
View institutional ownership trends.
How do I buy shares of Prologis?: Shares of PLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Prologis' stock price today?: One share of PLD stock can currently be purchased for approximately $126.16.
How much money does Prologis make?: Prologis (NYSE:PLD) has a market capitalization of $93.41 billion and generates $4.76 billion in revenue each year. The real estate investment trust earns $2.94 billion in net income (profit) each year or $5.00 on an earnings per share basis.
How many employees does Prologis have?: The company employs 2,053 workers across the globe.
Does Prologis have any subsidiaries?: The following companies are subsidiares of Prologis: AMB Asia LLC, AMB HFC LP, DCT Industrial, DCT Industrial TRS Inc., DCT Industrial Value Fund I Inc., IMD Holding Corporation, Industrial Property Trust, KTR Capital Partners, Liberty L.P., Liberty Property Trust, Liberty Property Trust UK Ltd, PLD Finance Management BV, PLD Finance Management LLC, PLD International Finance LLC, PLD International Holding L.P., PLD-TRS Holding LLC, Palmtree Acquisition Corporation, Prologis 2 L.P., Prologis B.V., Prologis Brazil Logistics Partners Fund I L.P., Prologis California Inc., Prologis Directorship BV, Prologis Directorship II BV, Prologis Directorship Sarl, Prologis Japan Management LLC, Prologis L.P., Prologis Logistics Services Incorporated, Prologis Management LLC, Prologis Management Services Sarl, Prologis NA3 REIT II LLC, Prologis North American Industrial Fund II L.P., Prologis Park Bradford Management Company Limited, Prologis Park Bromford Gate Management Company Limited, Prologis Park Littlebrook Management Company Limited, Prologis Park Midpoint 2 Management Company Limited, Prologis Park Ryton Management Company Limited, Prologis RFI DIRFT Management Limited, Prologis UK Financial Services Limited, Prologis UK Holdings S.A., Prologis UK Limited, Prologis USLV Operating Partnership L.P., Prologis de Mexico S.A. de C.V., and Solutions Insurance Ltd..
Read More
When was Prologis founded?: Prologis was founded in 1983.
How can I contact Prologis?: Prologis' mailing address is PIER 1 BAY 1, SAN FRANCISCO CA, 94111. The official website for the company is www.prologis.com. The real estate investment trust can be reached via phone at (415) 394-9000, via email at tward@prologis.com, or via fax at 415-394-9001.

This page (NYSE:PLD) was last updated on 9/8/2022 by MarketBeat.com Staff

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Prologis - PLD Stock Forecast, Price & News

Prologis MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows