PrologisNYSE: PLD

SAN FRANCISCO , June 27, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss second quarter results, current market conditions and future outlook on Wednesday, July 17, 2024, at 9:00 a.m. PT/12:00 p.m.

Prologis (PLD) concluded the recent trading session at $109.83, signifying a -1.61% move from its prior day's close.

MEXICO CITY , June 24, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class-A logistics real estate in Mexico, will host a webcast and conference call with senior management to discuss second quarter results, current market conditions and future outlook on Thursday, July 18, at 9:00 a.m. Mexico Time.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

In the most recent trading session, Prologis (PLD) closed at $111.28, indicating a -0.9% shift from the previous trading day.

In the latest trading session, Prologis (PLD) closed at $111.58, marking a +0.37% move from the previous day.

Prologis (PLD) reachead $111.17 at the closing of the latest trading day, reflecting a +0.88% change compared to its last close.

Prologis trades at a lower dividend yield compared to other REITs, given its history of growth. It has a strong portfolio of warehouses that support the logistics of the e-commerce industry. The future growth of Prologis may be hindered as higher interests rates have slowed acquisitions and inflation threatens consumer spending.

PLD's share price has dropped significantly, leaving the Company undervalued. While the industry faces some headwinds, there are signs of an upcoming shift in the market conditions that could lead to an increasingly favorable supply-to-demand relationship. PLD owns a high-quality, well-located property portfolio with a mission-critical character to its tenants, has a fortress-like balance sheet, an impressive land bank, and a robust development pipeline.