|Bid||12.15 x 100|
|Ask||199,999.98 x 100|
|Day's Range||17.63 - 17.83|
|52 Week Range||14.04 - 17.83|
|PE Ratio (TTM)||386.96|
|Dividend & Yield||0.64 (3.63%)|
|1y Target Est||N/A|
The analysts covering Prologis have assigned the stock a mean price target of $57.8, which is the same as its current price level.
Prologis’s price-to-FFO multiple is now 20.95x, which means that it has been returning consistent capital value and reliable dividend yields to investors.
CEO Michael J. DeMarco, commented: We feel that our operations, specifically distributable cash flow, have improved significantly to the point that we felt that our shareholders should receive an increase on their cash return. The firm has Mack-Cali as one of its only Buy-rated stocks among the "low barrier" office REITS. Analysts wrote June 8: In the low barrier office world, our only Buy-rated office REITs are Mack-Cali (CLI, Buy, $27.06) due to its substantial valuation discount relative to the other low barrier office REITs, Brandywine (BDN, Buy, $17.39) due to attractive valuation metrics and internal growth comparable to Manhattan-centric office REITs, and Highwoods (HIW, Buy, $50.60) due to its ability to improve all of its valuation metrics with over $350mm of development delivering in 2H17.