Prologis (PLD)
(Delayed Data from NYSE)
$128.50 USD
+1.48 (1.17%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $128.05 -0.45 (-0.35%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth B Momentum F VGM
Company Summary
Prologis, Inc. is a leading industrial real estate investment trust (REIT) that acquires, develops, operates and manages industrial real estate space in the Americas, Asia and Europe. The company principally targets investments in distribution facilities for customers who are engaged in global trade and depend on efficient movement of goods through the global supply chain.
As of June 30, 2024, Prologis owned or had investments in properties and development projects expected to aggregate around 1.2 billion square feet of space in 19 countries either on a wholly owned basis or through co-investment ventures. Modern logistics facilities are being ...
Company Summary
Prologis, Inc. is a leading industrial real estate investment trust (REIT) that acquires, develops, operates and manages industrial real estate space in the Americas, Asia and Europe. The company principally targets investments in distribution facilities for customers who are engaged in global trade and depend on efficient movement of goods through the global supply chain.
As of June 30, 2024, Prologis owned or had investments in properties and development projects expected to aggregate around 1.2 billion square feet of space in 19 countries either on a wholly owned basis or through co-investment ventures. Modern logistics facilities are being leased by the company to around 6,700 customers. These customers belong to two main categories: business-to-business and retail/online fulfillment.
The company has been actively banking on its growth opportunities through acquisitions and developments. In June 2023, Prologis acquired nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for cash consideration of $3.1 billion.
Moreover, in October 2022, Prologis closed on the acquisition of Duke Realty in an all-stock transaction valued at $23 billion, including the assumption of debt, following the approval of the shareholders of both companies. The transaction enhanced Prologis' presence in the key markets of the United States and aided its expansion into the fourth-largest U.S. gateway for container imports, Savannah, GA.
Since the ProLogis–AMB merger in 2011 through year-end 2020, this industrial REIT has accomplished investment transactions aggregating more than $131.4 billion across 30 global markets. These investments comprise a wide array, including the largest M&A transactions in the real estate sector, as well as individual off-market deals of less than $5 million.
Note**: All EPS numbers presented in this report represents funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
General Information
Prologis, Inc
PIER 1 BAY 1
SAN FRANCISCO, CA 94111
Phone: 415-394-9000
Fax: 415-394-9001
Email: prologis-ir@prologis.com
Industry | REIT and Equity Trust - Other |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/15/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.38 |
Current Year EPS Consensus Estimate | 5.42 |
Estimated Long-Term EPS Growth Rate | 7.20 |
Exp Earnings Date | 10/15/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 127.02 |
52 Week High | 137.52 |
52 Week Low | 96.64 |
Beta | 1.07 |
20 Day Moving Average | 3,018,743.00 |
Target Price Consensus | 135.58 |
4 Week | 2.05 |
12 Week | 15.04 |
YTD | -4.71 |
4 Week | 2.10 |
12 Week | 12.17 |
YTD | -19.10 |
Shares Outstanding (millions) | 925.91 |
Market Capitalization (millions) | 117,609.20 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 3.02% |
Annual Dividend | $3.84 |
Payout Ratio | 0.74 |
Change in Payout Ratio | 0.09 |
Last Dividend Payout / Amount | 6/17/2024 / $0.96 |
Fundamental Ratios
P/E (F1) | 23.43 |
Trailing 12 Months | 24.52 |
PEG Ratio | 3.26 |
vs. Previous Year | -26.78% |
vs. Previous Quarter | 4.69% |
vs. Previous Year | -18.08% |
vs. Previous Quarter | 2.62% |
Price/Book | 2.03 |
Price/Cash Flow | 23.45 |
Price / Sales | 15.14 |
6/30/24 | 4.88 |
3/31/24 | 5.49 |
12/31/23 | 5.29 |
6/30/24 | 3.04 |
3/31/24 | 3.43 |
12/31/23 | 3.34 |
6/30/24 | 0.36 |
3/31/24 | 0.29 |
12/31/23 | 0.30 |
6/30/24 | 0.36 |
3/31/24 | 0.29 |
12/31/23 | 0.30 |
6/30/24 | 36.37 |
3/31/24 | 38.73 |
12/31/23 | 38.13 |
6/30/24 | 36.37 |
3/31/24 | 38.73 |
12/31/23 | 38.13 |
6/30/24 | 41.10 |
3/31/24 | 43.81 |
12/31/23 | 43.18 |
6/30/24 | 62.49 |
3/31/24 | 62.36 |
12/31/23 | 62.51 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.52 |
3/31/24 | 0.51 |
12/31/23 | 0.50 |
6/30/24 | 34.05 |
3/31/24 | 33.84 |
12/31/23 | 33.40 |