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PLD

PLD - Prologis Inc Stock Price, Fair Value and News

106.44USD-1.32 (-1.22%)Delayed as of 08 May 2024, 01:29 pm ET

Market Summary

PLD
USD106.44-1.32
Delayedas of 08 May 2024, 01:29 pm
-1.22%

PLD Stock Price

View Fullscreen

PLD RSI Chart

PLD Valuation

Market Cap

99.8B

Price/Earnings (Trailing)

29.89

Price/Sales (Trailing)

12.16

EV/EBITDA

18.91

Price/Free Cashflow

18.78

PLD Price/Sales (Trailing)

PLD Profitability

EBT Margin

43.81%

Return on Equity

5.86%

Return on Assets

3.63%

Free Cashflow Yield

5.32%

PLD Fundamentals

PLD Revenue

Revenue (TTM)

8.2B

Rev. Growth (Yr)

10.63%

Rev. Growth (Qtr)

3.57%

PLD Earnings

Earnings (TTM)

3.4B

Earnings Growth (Yr)

26.06%

Earnings Growth (Qtr)

-13.34%

Breaking Down PLD Revenue

52 Week Range

105.46130.26
(Low)(High)

Last 7 days

5.7%

Last 30 days

-13.6%

Last 90 days

-16.5%

Trailing 12 Months

-15.3%

How does PLD drawdown profile look like?

PLD Financial Health

Debt/Equity

0.51

Debt/Cashflow

0.18

PLD Investor Care

Dividend Yield

3.31%

Dividend/Share (TTM)

3.57

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

3.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.2B000
20236.5B7.7B7.9B8.0B
20224.8B4.9B5.5B6.0B
20214.4B4.2B4.6B4.8B
20203.5B4.0B3.9B4.2B
20192.8B3.0B3.3B3.3B
20182.7B2.5B2.6B2.8B
20172.6B2.7B2.6B2.6B
20162.3B2.4B2.6B2.5B
20151.8B1.8B2.0B2.2B
20141.7B1.8B1.7B1.8B
20132.0B1.9B1.8B1.8B
20121.7B1.9B1.9B2.0B
2011894.9M991.6M1.2B1.5B
2010991.5M955.9M920.2M884.6M
20090001.0B
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Tracking the Latest Insider Buys and Sells of Prologis Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
ghazal joseph
acquired
-
-
253
chief investment officer
Apr 29, 2024
kennard lydia h
acquired
-
-
1,762
-
Apr 29, 2024
webb carl b
acquired
-
-
1,762
-
Apr 29, 2024
bita cristina gabriela
acquired
-
-
1,762
-
Apr 29, 2024
modjtabai avid
acquired
-
-
1,762
-
Apr 29, 2024
piani olivier
acquired
-
-
1,762
-
Apr 29, 2024
skelton jeffrey l
acquired
-
-
1,762
-

1–10 of 50

Which funds bought or sold PLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Merit Financial Group, LLC
added
96.17
346,021
965,921
0.02%
May 06, 2024
LSV ASSET MANAGEMENT
unchanged
-
-7,000
300,000
-%
May 06, 2024
Black Diamond Financial, LLC
unchanged
-
-
536,124
0.14%
May 06, 2024
Quantbot Technologies LP
new
-
351,724
351,724
0.02%
May 06, 2024
OLD SECOND NATIONAL BANK OF AURORA
reduced
-0.27
-34,233
1,295,170
0.34%
May 06, 2024
GREAT VALLEY ADVISOR GROUP, INC.
added
8.96
120,181
1,975,530
0.06%
May 06, 2024
BANQUE PICTET & CIE SA
new
-
222,676
222,676
-%
May 06, 2024
Valmark Advisers, Inc.
new
-
209,524
209,524
-%
May 06, 2024
IFG Advisory, LLC
sold off
-100
-378,917
-
-%
May 06, 2024
Sabal Trust CO
reduced
-0.06
-928,532
38,260,100
2.22%

1–10 of 48

Are Funds Buying or Selling PLD?

Are funds buying PLD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PLD
No. of Funds

Unveiling Prologis Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.93%
119,484,352
SC 13G/A
Jan 30, 2024
state street corp
6.71%
62,014,856
SC 13G/A
Jan 24, 2024
blackrock inc.
10.3%
95,136,796
SC 13G/A
Jun 08, 2023
blackrock inc.
10.0%
92,769,654
SC 13G/A
Feb 09, 2023
vanguard group inc
13.20%
121,813,945
SC 13G/A
Feb 07, 2023
state street corp
6.71%
61,924,614
SC 13G/A
Jan 24, 2023
blackrock inc.
9.8%
90,770,245
SC 13G/A
Feb 11, 2022
state street corp
6.36%
47,020,804
SC 13G/A
Jan 27, 2022
blackrock inc.
10.4%
77,044,162
SC 13G/A
Jan 26, 2022
blackrock inc.
10.4%
77,044,162
SC 13G/A

Recent SEC filings of Prologis Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
8-K
Current Report
May 03, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 25, 2024
10-Q
Quarterly Report

Peers (Alternatives to Prologis Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
84.7B
11.2B
-4.62% -6.12%
42.91
7.56
3.63% 50.79%
41.8B
6.8B
-4.58% -17.37%
29.96
6.1
-2.39% -16.60%
27.9B
2.8B
8.20% 8.63%
29.16
9.93
5.72% -6.47%
20.9B
3.0B
-3.93% -2.18%
106.61
7.09
10.44% -73.79%
13.4B
-
1.39% 3.90%
31.65
8.24
8.93% 11.87%
11.0B
1.4B
1.05% -0.44%
29.39
8.02
10.48% -2.93%
9.6B
3.3B
-0.78% 19.54%
50.23
2.92
5.31% -77.32%
MID-CAP
8.5B
1.2B
3.38% 9.20%
35.86
7.43
5.48% -38.69%
3.3B
892.3M
-0.89% 140.04%
-6.5
3.73
-5.33% -307.54%
3.3B
884.1M
-5.40% 54.41%
-12
3.72
2.90% -314.82%
SMALL-CAP
1.3B
444.1M
6.11% 16.74%
19.54
3.02
3.54% 8.91%
1.2B
198.2M
5.61% 1.35%
-7.62
5.71
-43.33% -270.70%
1.1B
650.2M
-3.45% 1.92%
35.5
1.67
27.93% 140.31%
562.0M
285.4M
-13.60% -37.59%
-4.08
1.97
11.05% 83.70%
442.4M
277.9M
3.16% -10.49%
-27.9
1.59
44.33% 96.06%

Prologis Inc News

Latest updates
MarketBeat19 hours ago
Zacks Investment Research30 Apr 202402:01 pm
Prologis, Inc - Investor Relations17 Apr 202407:00 am

Prologis Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.6%1,9571,8891,9152,4511,7691,7521,7511,2521,2191,2771,1831,1511,1481,1128261,266978826942790729
  S&GA Expenses13.2%11198.0097.0096.0010085.0088.0083.0075.0074.0067.0074.0078.0066.0074.0065.0070.0066.0065.0066.0070.00
EBITDA Margin1.1%0.83*0.82*0.81*0.82*0.82*0.97*1.14*1.21*1.24*1.09*0.92*0.88*---------
Interest Expenses10.8%19317418115013612164.0060.0064.0063.0064.0068.0071.0077.0081.0081.0076.0060.0060.0059.0061.00
Income Taxes-43.9%33.0058.0041.0079.0032.0018.0039.0050.0029.0040.0059.0049.0026.0041.0012.0047.0031.0021.0013.0027.0014.00
Earnings Before Taxes-9.6%6647348401,3595316381,1086961,2491,341857700425349345501552448504437387
EBT Margin1.5%0.44*0.43*0.43*0.47*0.46*0.62*0.80*0.84*0.86*0.70*0.51*0.43*---------
Net Income-13.3%5866767991,2794656201,0696461,2201,301798650400308201455521426491411161
Net Income Margin1.7%0.41*0.41*0.41*0.45*0.43*0.60*0.77*0.80*0.82*0.66*0.47*0.37*---------
Free Cashflow-1.8%1,0551,0741,9691,2151,1141,2781,203804842716814649---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.3%93,31093,02191,94992,39288,52187,89760,94659,76459,78058,48657,01756,44155,73356,06555,76055,22255,00740,03239,44838,70738,392
    Cash Equivalents-5.6%5015307415315232786364381,9135565856016765989405498081,0891,025401251
Liabilities0.9%35,51335,19733,68934,31431,05630,03421,33920,89021,31820,74420,25919,96119,34819,74019,27018,47618,23113,96013,51312,92912,568
  Long Term Debt1.9%29,55829,00127,57828,12925,15323,8764,20018,04118,36921521516,98516,50316,84916,51815,66715,67711,90611,45910,96810,706
Shareholder's Equity0.0%53,19153,18253,63658,07857,46557,86339,60638,87438,46237,74236,75736,48136,38536,32536,48936,74636,77626,07225,93625,77725,824
  Retained Earnings-48.8%-933-627-449-390-799-457-312-740-764-1,327-2,107-2,363-2,495-2,394-2,245-2,115-2,090-2,151-2,201-2,317-2,366
  Additional Paid-In Capital0.2%54,33654,25054,19854,11654,05854,06535,60635,57435,54635,56235,52735,43335,45435,48935,45635,42435,41625,71925,69425,65225,654
Shares Outstanding0.2%926924924924924923741741740739739739---------
Minority Interest-0.8%4,6064,6424,6254,6124,6304,6264,3134,2984,2904,3154,2514,3754,3774,3534,3924,5034,5163,4193,4183,4473,490
Float----112,988---86,814---87,998---68,587---50,237-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-1.8%1,055,4601,074,4221,969,2011,215,1381,114,2971,277,6171,203,336803,950841,527716,066814,073649,209816,694603,670977,986676,256679,093616,374644,139508,607494,914
  Share Based Compensation16.7%67,23757,62657,24889,86862,90635,33461,67036,92341,42928,61225,89523,94634,57523,47126,55427,99831,80825,09020,52320,18631,758
Cashflow From Investing10.2%-1,084,065-1,207,263-698,947-3,464,033-1,049,154-1,287,590-1,252,452-2,242,444283,429-1,093,489-380,568-408,907-107,094-494,508-328,659-241,990-2,009,173-403,104-364,019-77,866159,639
Cashflow From Financing102.8%2,388-84,005-1,047,6592,279,539172,407-371,523258,348-13,520242,484350,468-443,816-322,664-592,313-466,200-260,325-696,0481,050,411-156,222350,523-285,266-748,634
  Dividend Payments10.3%891,806808,567806,287807,230806,505731,964587,645587,732587,382468,501468,179468,181468,000430,663430,589430,971430,766336,698336,599336,269336,094
  Buy Backs412.5%24648.003,29024,20042,26936,4752,51723,71926,26915,06332,60674,19531,372-29.00--34,829----
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PLD Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Rental$ 1,827,658$ 1,633,770
Strategic capital128,412134,701
Development management and other551116
Total revenues1,956,6211,768,587
Expenses:  
Rental454,257412,554
Strategic capital78,81171,709
General and administrative111,29199,777
Depreciation and amortization637,505602,367
Other12,2447,184
Total expenses1,294,1081,193,591
Operating income before gains on real estate transactions, net662,513574,996
Gains on dispositions of development properties and land, net40,3080
Gains on other dispositions of investments in real estate, net17,5344,047
Operating income720,355579,043
Other income (expense):  
Earnings from unconsolidated entities, net72,47275,779
Interest expense(193,320)(136,011)
Foreign currency, derivative and other gains and other income, net63,5648,614
Gains on early extinguishment of debt, net5363,275
Total other expense(56,748)(48,343)
Earnings before income taxes663,607530,700
Income tax expense(32,800)(32,071)
Consolidated net earnings630,807498,629
Less net earnings attributable to noncontrolling interests45,09234,006
Net earnings attributable to controlling interests585,715464,623
Less preferred stock/unit dividends/distributions1,4521,453
Net earnings attributable to common stockholders/unitholders$ 584,263$ 463,170
Weighted average common shares/units outstanding - Basic925,322923,888
Weighted average common shares/units outstanding - Diluted[1]953,912951,624
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 0.63$ 0.50
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 0.63$ 0.50
Prologis, L.P. [Member]  
Revenues:  
Rental$ 1,827,658$ 1,633,770
Strategic capital128,412134,701
Development management and other551116
Total revenues1,956,6211,768,587
Expenses:  
Rental454,257412,554
Strategic capital78,81171,709
General and administrative111,29199,777
Depreciation and amortization637,505602,367
Other12,2447,184
Total expenses1,294,1081,193,591
Operating income before gains on real estate transactions, net662,513574,996
Gains on dispositions of development properties and land, net40,3080
Gains on other dispositions of investments in real estate, net17,5344,047
Operating income720,355579,043
Other income (expense):  
Earnings from unconsolidated entities, net72,47275,779
Interest expense(193,320)(136,011)
Foreign currency, derivative and other gains and other income, net63,5648,614
Gains on early extinguishment of debt, net5363,275
Total other expense(56,748)(48,343)
Earnings before income taxes663,607530,700
Income tax expense(32,800)(32,071)
Consolidated net earnings630,807498,629
Less net earnings attributable to noncontrolling interests30,30822,357
Net earnings attributable to controlling interests600,499476,272
Less preferred stock/unit dividends/distributions1,4521,453
Net earnings attributable to common stockholders/unitholders$ 599,047$ 474,819
Weighted average common shares/units outstanding - Basic940,608939,054
Weighted average common shares/units outstanding - Diluted[1]953,912951,624
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 0.63$ 0.50
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 0.63$ 0.50
[1]Our total weighted average potentially dilutive shares and units outstanding consisted of the following:

PLD Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Investments in real estate properties$ 89,427,505$ 88,666,575
Less accumulated depreciation11,430,89910,931,485
Net investments in real estate properties77,996,60677,735,090
Investments in and advances to unconsolidated entities9,691,1019,543,970
Assets held for sale or contribution382,793461,657
Net investments in real estate88,070,50087,740,717
Cash and cash equivalents500,589530,388
Other assets4,739,2214,749,735
Total assets93,310,31093,020,840
Liabilities:  
Debt29,557,66729,000,501
Accounts payable and accrued expenses1,752,4851,766,018
Other liabilities4,203,0404,430,601
Total liabilities35,513,19235,197,120
Prologis, Inc. stockholders’ equity:  
Series Q preferred stock at stated liquidation preference of $50 per share; $0.01 par value; 1,279 shares issued and outstanding and 100,000 preferred shares authorized at March 31, 2024 and December 31, 202363,94863,948
Common stock; $0.01 par value; 925,789 shares and 924,391 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively9,2589,244
Additional paid-in capital54,336,00154,249,801
Accumulated other comprehensive loss(285,395)(514,201)
Distributions in excess of net earnings(933,159)(627,068)
Total Prologis, Inc. stockholders’ equity53,190,65353,181,724
Noncontrolling interests4,606,4654,641,996
Total equity57,797,11857,823,720
Total liabilities and equity93,310,31093,020,840
Prologis, L.P. [Member]  
ASSETS  
Investments in real estate properties89,427,50588,666,575
Less accumulated depreciation11,430,89910,931,485
Net investments in real estate properties77,996,60677,735,090
Investments in and advances to unconsolidated entities9,691,1019,543,970
Assets held for sale or contribution382,793461,657
Net investments in real estate88,070,50087,740,717
Cash and cash equivalents500,589530,388
Other assets4,739,2214,749,735
Total assets93,310,31093,020,840
Liabilities:  
Debt29,557,66729,000,501
Accounts payable and accrued expenses1,752,4851,766,018
Other liabilities4,203,0404,430,601
Total liabilities35,513,19235,197,120
Prologis, Inc. stockholders’ equity:  
Noncontrolling interests3,310,7763,324,275
Total capital57,797,11857,823,720
Total liabilities and equity93,310,31093,020,840
Partners’ capital:  
Total partners’ capital54,486,34254,499,445
Prologis, L.P. [Member] | Preferred [Member]  
Partners’ capital:  
General partner63,94863,948
Prologis, L.P. [Member] | Common [Member]  
Partners’ capital:  
General partner53,126,70553,117,776
Limited partners863,303848,160
Prologis, L.P. [Member] | Class A Common [Member]  
Partners’ capital:  
Limited partners$ 432,386$ 469,561
PLD
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At June 30, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (114 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.
 CEO
 WEBSITEprologis.com
 INDUSTRYREIT Mortgage
 EMPLOYEES2466

Prologis Inc Frequently Asked Questions


What is the ticker symbol for Prologis Inc? What does PLD stand for in stocks?

PLD is the stock ticker symbol of Prologis Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Prologis Inc (PLD)?

As of Tue May 07 2024, market cap of Prologis Inc is 99.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLD stock?

You can check PLD's fair value in chart for subscribers.

What is the fair value of PLD stock?

You can check PLD's fair value in chart for subscribers. The fair value of Prologis Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Prologis Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Prologis Inc a good stock to buy?

The fair value guage provides a quick view whether PLD is over valued or under valued. Whether Prologis Inc is cheap or expensive depends on the assumptions which impact Prologis Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLD.

What is Prologis Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, PLD's PE ratio (Price to Earnings) is 29.89 and Price to Sales (PS) ratio is 12.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Prologis Inc's stock?

In the past 10 years, Prologis Inc has provided 0.128 (multiply by 100 for percentage) rate of return.