Latest news with #PLD
Yahoo
5 days ago
- Business
- Yahoo
Prologis Earnings Preview: What to Expect
San Francisco, California-based Prologis, Inc. (PLD) is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. With a market cap of $97.2 billion, the company leases modern logistics facilities to a diverse base of customers. The real estate major is set to unveil its Q2 results before the markets open on Wednesday, July 16. Ahead of the event, analysts expect PLD to report a non-GAAP earnings of $1.41 per share, up 5.2% from the profit of $1.34 per share reported in the year-ago quarter. Moreover, the company has surpassed the Street's bottom-line projections in each of the past four quarters. Ditch Big Tech and Buy These 3 Popular Stocks in 2025 Instead Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current year, its earnings are expected to come in at $5.70 per share, up 2.5% from $5.56 per share reported in the year-ago quarter. In fiscal 2026, its earnings are expected to rise 6.1% year-over-year to $6.05 per share. PLD stock has declined 5.5% over the past 52 weeks, significantly underperforming the Real Estate Select Sector SPDR Fund's (XLRE) 8.5% gains and the S&P 500 Index's ($SPX) 12.1% uptick during the same time frame. On Apr. 16, Prologis stock climbed 1.8% following the release of its Q1 earnings. The company's revenue increased 8.7% year-over-year to $2.14 billion and exceeded analyst expectations. Moreover, its reported core FFO of $1.42 per share also surpassed the consensus estimates by 2.9%. The company also reported a significant 53.7% increase in net effective rent change, showcasing its strong demand and pricing power in the logistics real estate market. The consensus opinion on PLD is cautiously optimistic, with a 'Moderate Buy' rating overall. Of the 24 analysts covering the stock, opinions include 12 'Strong Buys,' two 'Moderate Buys,' eight 'Holds,' and two 'Strong Sells.' Its mean price target of $118.25 suggests a 13.3% upside potential from current price levels On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
How Prologis' Consistent Dividends Continue to Attract Income Investors
Prologis, Inc. (NYSE:PLD) is one of the Best REIT Dividend Stocks to Buy in 2025. A large logistic facility within the industrial real estate sector. The company serves 6,500 customers worldwide, with 86% of income from the US. Its distribution centers handle 3% of global GDP annually. While e-commerce drives growth, 40% of its clients provide essential goods, making its business resilient in downturns. Prologis, Inc. (NYSE:PLD) owns well-located properties that are highly sought after by retail, e-commerce, and logistics companies, keeping occupancy high and rents steadily rising. This results in consistent rental income, which supports a strong and growing dividend. Prologis, Inc. (NYSE:PLD) currently offers a 3.7% yield, which is more than double the market's 1.3%. The company has increased its dividend at a 13% annual rate over the past five years, outperforming both the broader market and most REITs. In addition, the company has raised its payouts for 11 consecutive years. With strong financials, Prologis, Inc. (NYSE:PLD) is well-positioned to keep growing its dividend through rent increases, new warehouse developments on its large land holdings, selective data center construction, and strategic acquisitions. Currently, it offers a quarterly dividend of $1.01 per share. While we acknowledge the potential of PLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Sign in to access your portfolio
Yahoo
19-06-2025
- Business
- Yahoo
Is it Wise to Retain Prologis Stock in Your Portfolio Now?
Prologis PLD is poised to gain from its strategically located modern distribution facilities in key markets globally and scale. Prudent buyouts and development and a healthy balance sheet will drive growth. The company is also converting some of its warehouses into data centers to capitalize on the growing opportunity in this asset category. However, amid macroeconomic uncertainty and geopolitical issues, customers remain focused on cost controls and delay their decision-making with respect to leasing. Elevated interest expenses add to PLD's concerns. Prologis provides industrial distribution warehouse space in some of the busiest distribution markets across the globe. The properties of the company are typically located in large, supply-constrained infill markets in close proximity to airports, seaports and ground transportation facilities, which facilitates rapid distribution of customers' products. The solid demand for Prologis' strategically located facilities has driven healthy operating performance over the past several quarters. The company's new and renewal leases are expected to translate into considerable rises in future rental income. Our estimate points to a year-over-year increase of 6.3% in rental revenues in 2025. Prologis continues to bolster its presence in high-barrier, high-growth markets through strategic acquisitions and development activities. In the first quarter of 2025, the company's share of acquisitions amounted to $811 million. For 2025, the company anticipates acquisitions at Prologis share between $750 million and $1.25 billion. Development starts are expected in the range of $1.5-$2.0 billion. Prologis maintains a healthy balance sheet position with ample flexibility. As of March 31, 2025, this industrial REIT had a total available liquidity of $6.52 billion. As of the same date, the company's weighted average interest rate on its share of the total debt was 3.2%, with a weighted average term of 8.7 years. In addition, as of March 31, 2025, the company's credit ratings were A2 (Outlook Positive) from Moody's and A (Outlook Stable) from Standard & Poor's, enabling the company to borrow at an advantageous rate. The demand for high-performing data centers is likely to increase in the coming years amid high growth in cloud computing, the Internet of Things (IoT), big data and elevated requirements for third-party IT infrastructure. To capitalize on this growing opportunity, Prologis is focusing on both warehouse conversions and ground-up developments, which will aid future revenue growth. Solid dividend payouts are arguably the biggest enticements for REIT shareholders, and Prologis remains committed to that. In the last five years, Prologis has increased its dividend five times, and its five-year annualized dividend growth rate is 13.71%. Given the company's solid operating platform, opportunities for growth and decent financial position compared with the industry, this dividend rate is expected to be sustainable in the near term. Check Prologis' dividend history here. Analysts seem bullish on this Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2025 FFO per share indicates a favorable outlook as it has moved marginally northward over the past month to $5.70. In a volatile and still elevated interest rate environment and geopolitical concerns, customers remain focused on cost controls and delaying their decisions with respect to decision-making for leasing. As such, demand remains subdued, and this trend is expected to continue in the near term. Despite the Federal Reserve announcing rate cuts in the second half of 2024, the interest rate is still high and is a concern for Prologis. The company's consolidated debt as of March 31, 2025 was $32.26 billion. For 2025, our estimate indicates an 11.7% year-over-year increase in the company's interest expenses. Shares of Prologis have declined 6.2% over the past three months, underperforming the industry's fall of 1.2%. Image Source: Zacks Investment Research Some better-ranked stocks from the REIT sector are VICI Properties VICI and W.P. Carey WPC,each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for VICI Properties' 2025 FFO per share is pegged at $2.34, up 3.54% year over year. The Zacks Consensus Estimate for W.P. Carey's2025 FFO per share is pegged at $4.88, up 3.83% year over year. Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prologis, Inc. (PLD) : Free Stock Analysis Report W.P. Carey Inc. (WPC) : Free Stock Analysis Report VICI Properties Inc. (VICI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Prologis (PLD) Stock Moves -1.07%: What You Should Know
Prologis (PLD) ended the recent trading session at $107.28, demonstrating a -1.07% change from the preceding day's closing price. This move was narrower than the S&P 500's daily loss of 1.13%. Meanwhile, the Dow lost 1.79%, and the Nasdaq, a tech-heavy index, lost 1.3%. Shares of the industrial real estate developer witnessed a loss of 0.72% over the previous month, trailing the performance of the Finance sector with its gain of 1.24%, and the S&P 500's gain of 3.55%. The investment community will be closely monitoring the performance of Prologis in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.41, reflecting a 5.22% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2 billion, reflecting a 7.88% rise from the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.7 per share and revenue of $8.09 billion. These totals would mark changes of +2.52% and +7.65%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Prologis. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.18% higher. At present, Prologis boasts a Zacks Rank of #3 (Hold). From a valuation perspective, Prologis is currently exchanging hands at a Forward P/E ratio of 19.02. This valuation marks a premium compared to its industry average Forward P/E of 11.8. Investors should also note that PLD has a PEG ratio of 2.75 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the REIT and Equity Trust - Other industry stood at 2.53 at the close of the market yesterday. The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 135, positioning it in the bottom 46% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prologis, Inc. (PLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Prologis, Inc. (PLD): A Bull Case Theory
We came across a bullish thesis on Prologis, Inc. (PLD) on Business Model Mastery's Substack. In this article, we will summarize the bulls' thesis on PLD. Prologis, Inc. (PLD)'s share was trading at $108.60 as of 30th May. PLD's trailing and forward P/E were 27.08 and 47.17 respectively according to Yahoo Finance. A worker operating heavy machinery on a large construction site, at the center of a bustling city skyline. Prologis is a dominant force in global logistics real estate, managing 1.3 billion square feet across 20 countries. Its strategic emphasis on Last Touch® facilities near major urban centers ensures superior delivery speed and consistently high tenant demand, reflected in its 96%+ occupancy and strong lease mark-to-market gains of approximately 30%. This positions the company for steady, organic growth with a structurally embedded advantage. Adding to its defensible moat, Prologis controls a vast and irreplaceable land pipeline capable of supporting $41.5 billion in future logistics development, including $0.9 billion earmarked for data center conversions. In a landscape where urban zoning restrictions create meaningful entry barriers, this land bank offers long-term development flexibility and competitive protection. Operationally, the company benefits from immense scale while maintaining a lean cost structure. Its general and administrative expense ratio continues to decline as its asset base expands, allowing it to boost margins by leveraging shared infrastructure and partnerships. A critical driver of Prologis's financial engine is its capital flywheel—$56.3 billion in co-investment ventures where it earns recurring fees and performance-based incentives with only modest equity exposure of 15–55%, significantly reducing risk while enhancing returns. Most of these ventures are either long-duration or open-ended, ensuring lasting capital support. Further reinforcing tenant relationships, its Prologis Essentials platform integrates sustainability solutions like LED lighting and solar installations (626 MW deployed), now embedded in all eligible new developments. This ecosystem of ESG-driven value-add services enhances tenant retention and underscores Prologis's comprehensive, multi-pronged strategy for long-term, capital-efficient growth. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of this on Harley Davidson, Inc. (HOG). Prologis, Inc. (PLD) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 55 hedge fund portfolios held PLD at the end of the first quarter which was 55 in the previous quarter. While we acknowledge the potential of PLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data