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PrologisNYSE: PLD

Profile

Industry:

Industrial

Country:

United States

IPO:

21 November 1997

Next earnings report:

17 January 2025

Last dividends:

16 September 2024

Next dividends:

N/A
$105.84 B
-17%vs. 3y high
100%vs. sector
-45%vs. 3y high
59%vs. sector
-48%vs. 3y high
73%vs. sector
-50%vs. 3y high
94%vs. sector

Price

regular market | 6 min ago
$114.31+$0.46(+0.40%)
$2.04 B$1.94 B
$2.04 B$1.01 B

Analysts recommendations

Institutional Ownership

PLD Latest News

Prologis (PLD) Stock Drops Despite Market Gains: Important Facts to Note
zacks.com21 November 2024 Sentiment: NEUTRAL

Prologis (PLD) closed at $113.97 on the most recent trading day, showing a decrease of 0.5% from its previous closing price.

Prologis: Opportunity Knocks With A Perfect Blend Of Yield And Growth
seekingalpha.com17 November 2024 Sentiment: POSITIVE

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.

FIBRA Prologis Reduces Asset Management Fee Paid to its Manager
prnewswire.com30 October 2024 Sentiment: POSITIVE

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.

FIBRA Prologis Announces Third Quarter 2024 Earnings Results
prnewswire.com29 October 2024 Sentiment: POSITIVE

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.

FIBRA Prologis Declares Quarterly Distribution
prnewswire.com21 October 2024 Sentiment: POSITIVE

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.

FIBRA Prologis to Host Third Quarter 2024 Earnings Conference Call October 30
prnewswire.com21 October 2024 Sentiment: POSITIVE

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.

3% Yield And Double-Digit Growth: Why Prologis Remains One Of The Best REITs Money Can Buy
seekingalpha.com19 October 2024 Sentiment: POSITIVE

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.

This Top Dividend Stock Is Growing More Optimistic About What's Ahead
fool.com17 October 2024 Sentiment: POSITIVE

Prologis' fast-growing earnings suggest that it will likely keep raising its dividend quickly. This positive trend indicates strong financial health for the company. Overall, it looks promising for investors.

Prologis, Inc. (PLD) Q3 2024 Earnings Call Transcript
seekingalpha.com16 October 2024 Sentiment: POSITIVE

Prologis, Inc. (NYSE:PLD) will hold its Q3 2024 Earnings Conference Call on October 16, 2024, at 12:00 PM ET. The call will feature company representatives including Justin Meng, Tim Arndt, Dan Letter, and Chris Caton, along with various participants from financial institutions. Currently, all attendees are in listen-only mode.

Prologis' Q3 FFO Beat Estimates, Rental Revenues Improve Y/Y
zacks.com16 October 2024 Sentiment: POSITIVE

PLD's funds from operations for the third quarter exceeded expectations, thanks to increased rental income and strong leasing activity. However, the high interest costs are a worry.

What type of business is Prologis?

Prologis, Inc. is an American real estate investment trust specializing in industrial properties, with headquarters in San Francisco, California. It operates as a REIT fund and was founded as a result of the merger between AMB Property Corporation and ProLogis in June 2011. Currently, Prologis is the largest owner of logistics, industrial, and distribution real estate properties. The spaces are primarily used for distribution, storage, packaging, assembly, and light manufacturing of consumer goods. The majority of operational properties are used by clients for wholesale sales. The client base includes a spectrum of international, national, regional, and local companies: Amazon.com, Inc., FedEx Corporation, The Home Depot, Inc., United Parcel Service, Inc., Walmart Inc., PepsiCo, Inc., Kimberly-Clark Corporation, Kellogg Company, Best Buy Co., Inc., Ford Motor Company, among others.

What sector is Prologis in?

Prologis is in the Real Estate sector

What industry is Prologis in?

Prologis is in the Industrial industry

What country is Prologis from?

Prologis is headquartered in United States

When did Prologis go public?

Prologis initial public offering (IPO) was on 21 November 1997

What is Prologis website?

https://www.prologis.com

Is Prologis in the S&P 500?

Yes, Prologis is included in the S&P 500 index

Is Prologis in the NASDAQ 100?

No, Prologis is not included in the NASDAQ 100 index

Is Prologis in the Dow Jones?

No, Prologis is not included in the Dow Jones index

When was Prologis the previous earnings report?

No data

When does Prologis earnings report?

The next expected earnings date for Prologis is 17 January 2025