Prologis is a industrial REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker PLD on the NYSE exchange.
Prologis stock last closed at $129.84, up 1.39% from the previous day, and has decreased 12.63% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.06 percentage points. Prologis stock is currently +32.45% from its 52-week low of $98.03, and -25.61% from its 52-week high of $174.54.
At the moment, there are 923.08M shares of PLD outstanding. The market cap of PLD is $119.85B. In the past 24 hours, 2.82M PLD shares were traded.
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Once you have identified the best place to buy Prologis stock, it's very important to evaluate their stock before you invest, so you can comprehend the risk as well as the upside.
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on PLD's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge PLD's intrinsic value.
Using relative valuations methods:
You can do additional valuation analysis on PLD's stock here.
Out of 17 Equities analysts who monitor PLD, the consensus analyst rating on Prologis is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Ki Bin Kim, a top 16% analyst from Truist Securities maintains PLD with a strong buy rating and raises their PLD price target from $135.00 to $140.00, on Jan 27, 2023.
Kim raised his price target on Prologis, Inc. by 3.7%.
While he continues to see upside potential for Prologis, the analyst cautioned that the following that may pose risks:
Kim suggests that investors "focus on AFFO* (adjusted funds from operations) growth compared to FFO (funds from operations) growth on a go-forward basis."
* From here: AFFO is a financial measure used to estimate the value of a REIT (real estate investment trust). It is based on FFO, but is considered preferable because it takes costs into consideration, thus more accurately estimating the REIT's present value and ability to pay dividends.
Ronald Kamdem, a top 21% analyst from Morgan Stanley maintains PLD with a strong buy rating and raises their PLD price target from $121.00 to $128.00, on Jan 23, 2023.
Michael Mueller, a bottom 4% analyst from JP Morgan downgrades PLD to a hold rating and raises their PLD price target from $124.00 to $130.00, on Dec 16, 2022.
Blaine Heck, a bottom 12% analyst from Wells Fargo maintains PLD with a strong buy rating and raises their PLD price target from $127.00 to $135.00, on Nov 22, 2022.
Jeffrey Spector, a top 19% analyst from Bank of America reinstates PLD with a strong buy rating and announces their PLD price target of $140.00, on Oct 24, 2022.
You can dig deeper into what analysts are saying on the Prologis stock forecast page.
Last year, PLD earnings were $4.02B. During the past 5 year, PLD's earnings have grown by 10.01% per year. This was slower than the REIT - Industrial industry average of 16.59%.
Last year, PLD revenue was $5.50B. Over the past 5 year, PLD's revenue has increased by 16% per year. This was faster than the REIT - Industrial industry average of 15.39%.
Find out more about PLD's earnings and revenue performance here.
Over the last 12 months, insiders at PLD have sold more shares than they have bought.
David P. 2. Oconnor, Director of PLD, was the latest PLD insider to buy. They bought $1,027,170.00 worth of PLD shares on Nov 28, 2022.
Research more about who owns PLD stock here.
Prologis pays a dividend of 2.43%, compared to the REIT - Industrial industry's average dividend yield of 4.11%. If you owned $1,000 of PLD stock, you would have received $24.34 in the past 12 months.
Prologis dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Prologis dividend yield and history here.
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