Key Details
Price
$116.90Last Dividend
$0.96Annual ROE
5.29%Beta
0.87Events Calendar
Next earnings date:
Jan 17, 2025Recent quarterly earnings:
Oct 16, 2024Recent annual earnings:
Jan 17, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Sept 16, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Screeners with PLD included
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
We have been hoping for a lower starting price for Prologis. The FFO estimates show that we were right about that aspect. However, the stock price is still much higher than we anticipated.
In the latest trading session, Prologis (PLD) finished at $117.80, showing an increase of 1.4% compared to the day before.
MEXICO CITY, Nov. 26, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a top owner and operator of Class A industrial properties in Mexico, has successfully completed its tender offer to acquire up to 100% of the Terrafina CBFIs not already owned by them. This involved FIBRA Prologis purchasing 100,289,570 Terrafina CBFIs, which, along with their existing holdings, now accounts for 89.88% of all Terrafina CBFIs. Additionally, FIBRA Prologis issued 58,167,950 Exchange CBFIs in return for the tendered Terrafina CBFIs.
Prologis (PLD) closed at $113.97 on the most recent trading day, showing a decrease of 0.5% from its previous closing price.
Prologis presents an attractive investment option with a 3.4% dividend yield, a solid financial position, and a valuation that is lower compared to its past P/FFO. The company's top-notch industrial properties in key areas create significant barriers to entry and support the growth of e-commerce. It shows strong growth indicators, such as high occupancy rates, good rent increases, and a planned development pipeline that includes solar energy projects.
MEXICO CITY, Oct. 30, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a top owner and operator of Class-A industrial properties in Mexico, has announced that its Manager, Prologis Property México, S.A. de C.V., will lower its Asset Management Fee. The new fee structure will be based on the fair market value of the portfolio, with changes effective from January 1, 2025. An amendment to the Management Agreement will be made to confirm this adjustment.
MEXICO CITY, Oct. 29, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a top owner and manager of Class-A industrial properties in Mexico, has announced its results for the third quarter of 2024. KEY POINTS FROM THE QUARTER: The net effective rents during lease renewals were 56.2 percent.
MEXICO CITY, Oct. 21, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a top owner and manager of Class-A industrial properties in Mexico, announced a cash distribution of Ps. 1,083.7 million (US$54.2 million) today.
MEXICO CITY, Oct. 21, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a top owner and manager of Class-A logistics properties in Mexico, will hold a webcast and conference call with its senior management. They will talk about the results for the third quarter, the current market situation, and future expectations on Wednesday, October 30, at 9:00 a.m. Mexico Time.
Prologis stands out in popular markets such as Southern California and Chicago, benefiting from strong tenants like Amazon and Walmart. Although it lacks a competitive advantage, Prologis uses its prime locations and potential for rent increases to achieve growth, surpassing the S&P 500 and other REITs. With a high occupancy rate of 96.2% and solid dividend growth, the company shows its strength and appeal for long-term investors.
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