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PLD

PLD - Prologis Inc Stock Price, Fair Value and News

133.19USD-0.25 (-0.19%)Market Closed
Watchlist

Market Summary

USD133.19-0.25
Market Closed
-0.19%

PLD Stock Price

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PLD RSI Chart

PLD Valuation

Market Cap

123.2B

Price/Earnings (Trailing)

40.27

Price/Sales (Trailing)

15.35

EV/EBITDA

23.01

Price/Free Cashflow

22.93

PLD Price/Sales (Trailing)

PLD Profitability

EBT Margin

43.18%

Return on Equity

5.29%

Return on Assets

3.29%

Free Cashflow Yield

4.36%

PLD Fundamentals

PLD Revenue

Revenue (TTM)

8.0B

Rev. Growth (Yr)

7.86%

Rev. Growth (Qtr)

-1.33%

PLD Earnings

Earnings (TTM)

3.1B

Earnings Growth (Yr)

1.75%

Earnings Growth (Qtr)

-15.61%

Breaking Down PLD Revenue

Last 7 days

0.7%

Last 30 days

1.4%

Last 90 days

21.2%

Trailing 12 Months

4.1%

How does PLD drawdown profile look like?

PLD Financial Health

Debt/Equity

0.5

Debt/Cashflow

0.19

PLD Investor Care

Dividend Yield

2.61%

Dividend/Share (TTM)

3.48

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

3.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Prologis Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 04, 2024
ghazal joseph
acquired
-
-
869
chief investment officer
Feb 04, 2024
ghazal joseph
sold (taxes)
-57,516
129
-445
chief investment officer
Feb 02, 2024
ghazal joseph
acquired
-
-
957
chief investment officer
Feb 02, 2024
ghazal joseph
sold (taxes)
-63,915
130
-490
chief investment officer
Jan 18, 2024
ghazal joseph
acquired
-
-
806
chief investment officer
Jan 17, 2024
ghazal joseph
acquired
-
-
4,293
chief investment officer
Jan 16, 2024
ghazal joseph
sold (taxes)
-92,148
129
-709
chief investment officer
Jan 16, 2024
ghazal joseph
acquired
-
-
1,848
chief investment officer
Jan 16, 2024
bita cristina gabriela
acquired
-
-
1,009
-
Dec 27, 2023
kennard lydia h
gifted
-
-
-8,605
-

1–10 of 50

Which funds bought or sold PLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 22, 2024
SUN LIFE FINANCIAL INC
unchanged
-
7,768,000
49,102,000
2.97%
Feb 22, 2024
Scarborough Advisors, LLC
new
-
4,664
4,664
-%
Feb 21, 2024
Raleigh Capital Management Inc.
reduced
-3.2
70,157
539,450
0.25%
Feb 21, 2024
Garde Capital, Inc.
added
7.07
28,000
131,000
0.01%
Feb 21, 2024
V-Square Quantitative Management LLC
added
39.22
757,072
1,914,860
0.34%
Feb 20, 2024
Pacific Center for Financial Services
sold off
-100
-107,273
-
-%
Feb 20, 2024
Quarry LP
added
38.59
29,883
76,114
0.01%
Feb 20, 2024
EVENTIDE ASSET MANAGEMENT, LLC
sold off
-100
-8,915,650
-
-%
Feb 20, 2024
Covenant Partners, LLC
unchanged
-
150,731
952,696
0.30%
Feb 20, 2024
GLOBALT Investments LLC / GA
new
-
1,042,140
1,042,140
0.04%

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
Feb 16, 2024
424B3
Prospectus Filed
Feb 13, 2024
10-K
Annual Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 05, 2024
4
Insider Trading
Jan 30, 2024
SC 13G/A
Major Ownership Report
Jan 25, 2024
8-K
Current Report
Jan 24, 2024
SC 13G/A
Major Ownership Report
Jan 22, 2024
4
Insider Trading
Jan 18, 2024
4
Insider Trading
Jan 18, 2024
4/A
Insider Trading

What is the Fair Value of PLD?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Prologis Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
88.5B
11.1B
-10.65% -13.65%
138.95
8
5.85% -77.77%
47.2B
7.0B
-3.98% -22.59%
30.4
6.76
-0.07% -3.84%
24.9B
2.8B
-2.97% -1.75%
26.82
9
6.73% -18.26%
21.0B
2.9B
-5.52% -28.01%
202.37
7.27
11.46% -80.13%
12.7B
1.6B
-3.69% 2.47%
28.63
7.85
8.93% 66.32%
10.2B
3.2B
-3.72% -7.14%
56.01
3.16
6.05% -80.01%
MID-CAP
11.2B
1.3B
-5.09% -7.40%
30.75
8.48
8.04% -24.50%
8.2B
1.1B
-2.41% -8.68%
34.42
7.21
5.38% -38.52%
3.6B
873.6M
9.75% 30.95%
-10.78
4.13
1.54% -294.39%
3.1B
899.4M
3.37% 28.11%
-5.42
3.4
37.21% -623.11%
SMALL-CAP
1.3B
419.4M
-7.04% -16.43%
20.59
3.12
-0.77% 17.90%
1.1B
605.6M
-5.97% -2.34%
14.16
1.87
25.53% 134.62%
1.1B
339.3M
-2.17% -
-5.08
3.29
88.48% -170.63%
664.7M
258.7M
-10.18% -35.90%
-13.66
2.57
0.11% 83.70%
417.7M
277.9M
-5.13% -36.77%
-26.34
1.5
42.88% 96.06%

Prologis Inc News

Latest updates
Seeking Alpha3 hours ago
Yahoo Finance21 Feb 202411:00 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-1.3%1,8891,9152,4511,7691,7521,7511,2521,2191,2771,1831,1511,1481,1128261,266978826942790729807
Operating Expenses---------------------566
  S&GA Expenses1.7%98.0097.0096.0010085.0088.0083.0075.0074.0067.0074.0078.0066.0074.0065.0070.0066.0065.0066.0070.0057.00
EBITDA Margin1.0%0.82*0.81*0.82*0.82*0.97*1.14*1.21*1.24*1.09*0.92*0.88*0.81*---------
Interest Expenses-3.6%17418115013612164.0060.0064.0063.0064.0068.0071.0077.0081.0081.0076.0060.0060.0059.0061.0062.00
Income Taxes41.8%58.0041.0079.0032.0018.0039.0050.0029.0040.0059.0049.0026.0041.0012.0047.0031.0021.0013.0027.0014.0019.00
Earnings Before Taxes-12.6%7348401,3595316381,1086961,2491,341857700425349345501552448504437387709
EBT Margin1.1%0.43*0.43*0.47*0.46*0.62*0.80*0.84*0.86*0.70*0.51*0.43*0.37*---------
Net Income-15.6%6317481,2164656201,0156111,1511,301798650400308201455521426491411161690
Net Income Margin-1.4%0.38*0.39*0.43*0.42*0.57*0.74*0.78*0.81*0.66*0.47*0.37*0.31*---------
Free Cashflow-45.4%1,0741,9691,2151,1141,2781,203804842716814649817---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.2%93,02191,94992,39288,52187,89760,94659,76459,78058,48657,01756,44155,73356,06555,76055,22255,00740,03239,44838,70738,39238,418
    Cash Equivalents-28.5%5307415315232786364381,9135565856016765989405498081,0891,025401251344
Liabilities4.5%35,19733,68934,31431,05630,03421,33920,89021,31820,74420,25919,96119,34819,74019,27018,47618,23113,96013,51312,92912,56812,617
  Long Term Debt5.2%29,00127,57828,12925,15323,8762,90018,04118,36917,71521516,98516,50316,84916,51815,66715,67711,90611,45910,96810,70611,090
Shareholder's Equity7.8%57,82453,63658,07857,46553,23739,60638,87438,46237,74236,75736,48136,38536,32536,48936,74636,77626,07225,93625,77725,82425,801
  Retained Earnings-39.5%-627-449-390-799-457-312-740-764-1,327-2,107-2,363-2,495-2,394-2,245-2,115-2,090-2,151-2,201-2,317-2,366-2,378
  Additional Paid-In Capital0.1%54,25054,19854,11654,05854,06535,60635,57435,54635,56235,52735,43335,45435,48935,45635,42435,41625,71925,69425,65225,65425,686
Shares Outstanding0.0%924924924923923741741740740739739739---------
Minority Interest0.4%4,6424,6254,6124,6304,6264,3134,2984,2904,3154,2514,3754,3774,3534,3924,5034,5163,4193,4183,4473,4903,503
Float-------86,814---87,998---68,587---50,237--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-45.4%1,0741,9691,2151,1141,2781,203804842716814649817604978676679616644509495530
  Share Based Compensation0.7%58.0057.0090.0063.0035.0062.0037.0041.0029.0026.0024.0035.0023.0027.0028.0032.0025.0021.0020.0032.0018.00
Cashflow From Investing-72.7%-1,207-698-3,464-1,049-1,287-1,252-2,242283-1,093-380-408-107-494-328-241-2,009-403-364-77.87160-19.69
Cashflow From Financing92.0%-84.00-1,0472,280172-371258-13.52242350-443-322-592-466-260-6961,050-156351-285-748-443
  Dividend Payments0.3%809806807807732588588587469468468468431431431431337337336336304
  Buy Backs-100.0%-3.0024.0042.00-52.503.0024.0026.00-13833.0074.0031.00-0.03--35.00-----43.12

PLD Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Rental$ 6,818,542$ 4,913,171$ 4,147,994
Strategic capital1,200,2321,039,585590,750
Development management and other4,69520,93620,696
Total revenues8,023,4695,973,6924,759,440
Expenses:   
Rental1,624,7931,205,7381,041,316
Strategic capital385,542303,356207,171
General and administrative390,406331,083293,167
Depreciation and amortization2,484,8911,812,7771,577,942
Other53,35440,33622,435
Total expenses4,938,9863,693,2903,142,031
Operating income before gains on real estate transactions, net3,084,4832,280,4021,617,409
Gains on dispositions of development properties and land, net462,270597,745817,017
Gains on other dispositions of investments in real estate, net[1]161,039589,391772,570
Operating income3,707,7923,467,5383,206,996
Other income (expense):   
Earnings from unconsolidated entities, net307,227310,872404,255
Interest expense(641,332)[2](309,037)(266,228)
Foreign currency, derivative and other gains and other income, net87,221241,621165,278
Gains (losses) on early extinguishment of debt3,275(20,184)(187,453)
Total other income (expense)(243,609)223,272115,852
Earnings before income taxes3,464,1833,690,8103,322,848
Total income tax expense(211,038)(135,412)(174,258)
Consolidated net earnings3,253,1453,555,3983,148,590
Less net earnings attributable to noncontrolling interests193,931190,542208,867
Net earnings attributable to controlling interests3,059,2143,364,8562,939,723
Less preferred stock/unit dividends/distributions5,8416,0606,152
Net earnings attributable to common stockholders/unitholders$ 3,053,373$ 3,358,796$ 2,933,571
Weighted average common shares/units outstanding - Basic924,351785,675739,363
Weighted average common shares/units outstanding - Diluted[3]951,791811,608764,762
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 3.3$ 4.28$ 3.97
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 3.29$ 4.25$ 3.94
Prologis, L.P. [Member]   
Revenues:   
Rental$ 6,818,542$ 4,913,171$ 4,147,994
Strategic capital1,200,2321,039,585590,750
Development management and other4,69520,93620,696
Total revenues8,023,4695,973,6924,759,440
Expenses:   
Rental1,624,7931,205,7381,041,316
Strategic capital385,542303,356207,171
General and administrative390,406331,083293,167
Depreciation and amortization2,484,8911,812,7771,577,942
Other53,35440,33622,435
Total expenses4,938,9863,693,2903,142,031
Operating income before gains on real estate transactions, net3,084,4832,280,4021,617,409
Gains on dispositions of development properties and land, net462,270597,745817,017
Gains on other dispositions of investments in real estate, net161,039589,391772,570
Operating income3,707,7923,467,5383,206,996
Other income (expense):   
Earnings from unconsolidated entities, net307,227310,872404,255
Interest expense(641,332)(309,037)(266,228)
Foreign currency, derivative and other gains and other income, net87,221241,621165,278
Gains (losses) on early extinguishment of debt3,275(20,184)(187,453)
Total other income (expense)(243,609)223,272115,852
Earnings before income taxes3,464,1833,690,8103,322,848
Total income tax expense(211,038)(135,412)(174,258)
Consolidated net earnings3,253,1453,555,3983,148,590
Less net earnings attributable to noncontrolling interests116,65798,611127,075
Net earnings attributable to controlling interests3,136,4883,456,7873,021,515
Less preferred stock/unit dividends/distributions5,8416,0606,152
Net earnings attributable to common stockholders/unitholders$ 3,130,647$ 3,450,727$ 3,015,363
Weighted average common shares/units outstanding - Basic939,635799,153751,973
Weighted average common shares/units outstanding - Diluted[3]951,791811,608764,762
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 3.30$ 4.28$ 3.97
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 3.29$ 4.25$ 3.94
[1]In 2023 and 2021, we sold our ownership interest in unconsolidated joint ventures. The net proceeds and gains from these transactions are included in the table.
[2]Interest expense increased in 2023, as compared to 2022, principally due to the financing of acquisition and development activity through the issuance of senior notes in 2023, the assumption of $4.2 billion of debt in the Duke Transaction which was marked to fair value in October 2022 and higher interest rates on new issuances and our credit facilities. We issued $5.4 billion of senior notes during 2023 and $3.3 billion during 2022, with a weighted average interest rate of 4.7% and 2.3%, respectively, at the issuance date.
[3]Our total weighted average potentially dilutive shares and units outstanding for the years ended December 31 consisted of the following

PLD Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Investments in real estate properties$ 88,666,575$ 81,623,396
Less accumulated depreciation10,931,4859,036,085
Net investments in real estate properties77,735,09072,587,311
Investments in and advances to unconsolidated entities9,543,9709,698,898
Assets held for sale or contribution461,657531,257
Net investments in real estate87,740,71782,817,466
Cash and cash equivalents530,388278,483
Other assets4,749,7354,801,499
Total assets93,020,84087,897,448
Liabilities:  
Debt29,000,50123,875,961
Accounts payable and accrued expenses1,766,0181,711,885
Other liabilities4,430,6014,446,509
Total liabilities35,197,12030,034,355
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 December 31, 2023 and 202263,94863,948
Common stock; $0.01 par value; 924,391 and 923,142 shares issued and outstanding at December 31, 2023 and 2022, respectively9,2449,231
Additional paid-in capital54,249,80154,065,407
Accumulated other comprehensive loss(514,201)(443,609)
Distributions in excess of net earnings(627,068)(457,695)
Total Prologis, Inc. stockholders’ equity53,181,72453,237,282
Noncontrolling interests4,641,9964,625,811
Total equity57,823,72057,863,093
Total liabilities and equity93,020,84087,897,448
Prologis, L.P. [Member]  
ASSETS  
Investments in real estate properties88,666,57581,623,396
Less accumulated depreciation10,931,4859,036,085
Net investments in real estate properties77,735,09072,587,311
Investments in and advances to unconsolidated entities9,543,9709,698,898
Assets held for sale or contribution461,657531,257
Net investments in real estate87,740,71782,817,466
Cash and cash equivalents530,388278,483
Other assets4,749,7354,801,499
Total assets93,020,84087,897,448
Liabilities:  
Debt29,000,50123,875,961
Accounts payable and accrued expenses1,766,0181,711,885
Other liabilities4,430,6014,446,509
Total liabilities35,197,12030,034,355
Prologis, Inc. stockholders’ equity:  
Noncontrolling interests3,324,2753,317,767
Total capital57,823,72057,863,093
Total liabilities and equity93,020,84087,897,448
Partners’ capital:  
Total partners’ capital54,499,44554,545,326
Prologis, L.P. [Member] | Preferred [Member]  
Partners’ capital:  
General partner63,94863,948
Prologis, L.P. [Member] | Common [Member]  
Partners’ capital:  
General partner53,117,77653,173,334
Limited partners848,160843,263
Prologis, L.P. [Member] | Class A Common [Member]  
Partners’ capital:  
Limited partners$ 469,561$ 464,781
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
 WEBSITEwww.prologis.com
 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 Fri Feb 23 2024, market cap of Prologis Inc is 123.18 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 Fri Feb 23 2024, PLD's PE ratio (Price to Earnings) is 40.27 and Price to Sales (PS) ratio is 15.35. 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 0.154 (multiply by 100 for percentage) rate of return.