PLD - Prologis, Inc.
| Previous Close | 85.84 |
| Open | 85.97 |
| Bid | 78.00 x 900 |
| Ask | 86.00 x 800 |
| Day's Range | 85.60 - 86.47 |
| 52 Week Range | 55.21 - 86.94 |
| Volume | 1,387,687 |
| Avg. Volume | 2,069,707 |
| Market Cap | 54.441B |
| Beta (3Y Monthly) | 0.98 |
| PE Ratio (TTM) | 32.03 |
| EPS (TTM) | 2.69 |
| Earnings Date | Oct 15, 2019 |
| Forward Dividend & Yield | 2.12 (2.47%) |
| Ex-Dividend Date | 2019-09-19 |
| 1y Target Est | 87.89 |
- TheStreet.com
[video]Prologis Expected to Earn 53 Cents a Share
Prologis, Inc. is expected to report adjusted net income of $292.8 million, or 53 cents a share, on sales of $715.9 million before the market opens on Tuesday, based on a FactSet survey of 7 analysts. Quarterly estimates have risen less than 1 cent a share in the past month. Prologis is currently trading at a price-to-forward-earnings ratio of 47 based on the 12-month estimates of 7 analysts surveyed by FactSet.
- Zacks
Can Prologis (PLD) Maintain its Beat Streak in Q3 Earnings?
Prologis' (PLD) Q3 performance expected to reflect benefits from the company's efforts to leverage on the industrial real estate market's solid fundamentals.
- Zacks
Duke Realty (DRE) Signs 5 Leases in Chicago This September
Duke Realty (DRE) inks five leases for an aggregate 860,296 square feet of space in Chicago, enabling the company to achieve full occupancy at its recently-delivered spec building.
- Insider Monkey
Here is What Hedge Funds Really Think About Prologis Inc (PLD)
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]
- Benzinga
BiTA Welcomes Logistics Real Estate Leader Prologis
The Blockchain in Transport Alliance (BiTA), a consortium of technology and transportation firms formed to create blockchain standards for the freight industry, announced that Prologis, Inc., the global leader in logistics real estate, has joined as its newest member – and as the first real estate company to participate. Prologis joins IBM, Daimler, FedEx, Panalpina and dozens of other global brands on BiTA's roster.
- Zacks
Liberty Property Breaks Ground on 2 Industrial Properties
Liberty Property's (LPT) upcoming industrial facilities in Southwest Phoenix's in-fill industrial core will likely enable it to command premium rent and enjoy rapid leasing.
- American City Business Journals
Industrial giant Prologis buys land near San Jose Flea Market
Prologis plans to develop a modern industrial facility in North San Jose, according to a member of the team that represented Prologis in the purchase.
- Zacks
Prologis (PLD) Upgraded to Buy: Here's Why
Prologis (PLD) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Zacks
Encouraging Near-Term Outlook for Equity REIT Stocks
Encouraging Near-Term Outlook for Equity REIT Stocks
- Zacks
Duke Realty (DRE) Inks 3 Leases at Greenfield North Park
Capitalizing on favorable fundamentals of the industrial real estate sector, Duke Realty (DRE) signs new as well as renewal and expansion leases at its industrial park in Garner.
- Market Realist
Real Estate Stocks: Look beyond Buying Property
Real estate stocks have outperformed this year, and there's room for growth in a particular subsector. Here's why investors should look beyond property.
- InvestorPlace
Be Your Own Landlord With These 3 Monthly Paying REITs
There are plenty of benefits to having an allocation to real estate in your portfolio. From income generation to having an asset class that helps fight inflation, every investor should have some allocation to real estate. For most of us that aren't high net worth investors that means either owning one or two rental properties or buying real estate investment trusts (REITs).REITs make it real estate ownership easy and without many of the hassles that come with owning a rental property. With the security type, investors can gain access to a variety of property types and locations with one ticker. And thanks to their tax structure, REITs hand back much of their cash flows as dividends. However, there is one way that being a direct property owner does win big over REITs. And that's those sweet monthly rent checks from tenants.But REIT investors may not need to fret.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere are a handful of top-notch and high yielding REITs that do reward their shareholders every month. And with these firms, investors big and small can finally gain all the benefits of a landlord without all the hassles. * 5 Red Hot Housing Stocks Sprinting to Decade Highs With that, here are three monthly paying REITs to buy today. STAG Industrial (STAG)Source: Shutterstock Dividend Yield: 4.81%Talk about being in the right place at the right time. Thanks to rising e-commerce/omnichannel growth and a strengthening economy, STAG Industrial (NYSE:STAG) has been a winner since its IPO back 2011- offering plenty of dividend growth and capital appreciation. The key is that the firm focuses on warehouse and light industrial properties. These property types have been big winners in the shift towards reshoring and online consumerism. Rising demand and rents have simply translated into gains for STAG.But it's the kind of warehouses that STAG owns that sets it apart from rivals like Prologis (NYSE:PLD).STAG focuses on single and smaller warehouse properties. The benefit to the REIT is that often these warehouses can be bought on the cheap and below replacement costs. Secondly, tenant pricing power and quality for many of these small- and mid-size firms allows STAG to charge higher rents than other warehouse REITs. Since 2007, rents for Non-Super Primary markets -- the fancy way of saying STAG's niche -- have grown by nearly 16%. This contrasts to just 9% growth for Super Primary ones. In the end, the combination of these two factors has helped support STAG's FFO growth and dividends.To reduce risk, STAG has grown large. Today, the REIT owns more than 409 properties and no tenant makes up more than 2.1% of its warehouses. A strong balance sheet doesn't hurt either.The best part is STAG is willing to share the wealth via a growing monthly dividend. All in all, STAG could be one fo the best ways for investors to become a landlord via REITs. Apple Hospitality (APLE)Source: Shutterstock Dividend Yield: 7.31%When it comes to REITs, the lodging industry is often overlooked by investors. That's because, unlike something like an apartment building or medical office, hotel demand is very economically sensitive. So, historically, the lodging REITs have been a more volatile subsector of the market. But there are ways to reduce that risk and score a monthly dividend. Case in point, Apple Hospitality (NYSE:APLE).APLE owns 234 hotels across 38 states. Like previously mentioned STAG, the win for Apple comes down to its niche. The hotelier focuses on so-called select-service or room's focused hotel properties. These fall within middle ground between budget conscience travelers and upper-scale consumers. Moreover, select-service hotels tend to be frequented by business travelers who aren't very price-sensitive given then tend to use expense accounts or receive reimbursements for travel. Top brands in APLE's portfolio include Hilton's (NYSE:HLT) Embassy Suites and Marriott's (NASDAQ:MAR) Courtyard, Residence Inn, and TownePlace Suites concepts.What's great about the middle ground is that operating margins tend to be better than even upscale hotels. There's less demand from clients, but the rooms are still nice and command a premium over budget hotels. As a result, Apple has some of the best operating margins in the lodging sector while still maintaining high revenues-per-available-room (RevPAR) numbers. * 7 Stocks to Buy Under $10 And it's used those margins to reduce debt, expand its portfolio of hotels and pay a steady 7.31% monthly dividend. LTC Properties Inc (LTC)Source: Shutterstock Dividend Yield: 4.50%Rising healthcare spending and the continued "Graying of America" could easily be two of the biggest megatrends facing investors these days. Better and greater access to healthcare solutions is only increasing longevity and our lifespans. That's a major problem considering the specialized facilities needed to care for the elderly. Luckily, LTC Properties (NYSE:LTC) is up to the task.The LTC stands for Long-Term Care and REIT invests in senior housing and assisted living facilities. This is a particularly sweet spot in the medical property market as demand for these facilities continues to grow as longevity rises and more seniors need aid. Even better is that private-pay facilities can generate very high margins from tenants. Currently, LTC has about 200 properties under its umbrella. However, it continues to add deals that are instantly accreditive to its bottom line.The cool thing about LTC is that it is considered a hybrid REIT. That is, it owns both physical properties as well as invests in mortgages/provides loans to other developers. This creates a varied income stream for the REIT that helps pads its bottom line. Also helping is that fact that LTC doesn't operate the facilities, it just simply collects a rent check. This eliminates many of the risks associated with the healthcare sector.What it all really does is make LTC an earnings machine. Last quarter, FFO did rise slightly despite plenty of building/construction activity for the REIT. Meanwhile, LTC has managed to raise its monthly dividend 32% since 2010. Currently, LTC yields 4.5%.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Under $10 * 30 Marijuana Stocks to Buy as the Future Turns Green * 7 Consumer Stocks Ready to Rally Hard The post Be Your Own Landlord With These 3 Monthly Paying REITs appeared first on InvestorPlace.
- PR Newswire
Prologis Recognized for Industry-Leading Global ESG Initiatives
SAN FRANCISCO, Sept. 23, 2019 /PRNewswire/ -- Prologis, Inc. (PLD), the global leader in logistics real estate, has again been recognized by the Global Real Estate Sustainability Benchmark (GRESB) and the Dow Jones Sustainability Indices (DJSI) for outstanding performance in environmental stewardship, social responsibility and governance (ESG). "GRESB and DJSI are leading indicators for real estate companies and investors to evaluate and track ESG performance," said Prologis chief legal officer and ESG head Edward S. Nekritz.
- Zacks
Industrial Property Demand Aids Prologis Amid Supply Woes
Though Prologis (PLD) is well poised to gain from high demand for industrial real estate space amid e-retail boom and healthy consumer-spending levels, trade tensions and supply woes remain concerns.
- PR Newswire
Prologis to Announce Third Quarter 2019 Results October 15
SAN FRANCISCO, Sept. 19, 2019 /PRNewswire/ -- Prologis, Inc. (PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss third quarter results, current market conditions and future outlook on Tuesday, October 15, 2019, at 9:00 a.m. PT/12:00 p.m. ET. To access a live broadcast of the call, please dial +1 (877) 209-4258 (toll-free from the United States and Canada) or +1 (647) 689-5198 (from all other countries) and enter conference code 8337209. A telephonic replay will be available October 15-22 at +1 (800) 585-8367 (from the United States and Canada) or +1 (416) 621-4642 (from all other countries) using conference code 8337209.
- Zacks
W. P. Carey (WPC) Registers Industrial Investments Worth $111M
With fixed annual rent escalations, weighted average lease term of 22 years and an asset class experiencing high demand, W. P. Carey's (WPC) industrial investments seem a strategic fit.
- Zacks
Prologis' Seattle Multi-Story Warehouse Gets Amazon as Tenant
Prologis' (PLD) multi-story warehouse in Seattle lures retailers that are in race to lower their shipping times.
- Zacks
Lexington Realty Boosts Industrial Portfolio With $180M Buyout
Delivering on its strategy to increase ownership of industrial properties, Lexington Realty (LXP) acquires a portfolio of three e-commerce properties, which are encouragingly 100% leased.
- Zacks
Sabra (SBRA) Amends $2.2B Credit Facility, Extends Maturities
Sabra Health Care (SBRA) restates unsecured credit facility aggregating $2.2 billion, which will improve its debt maturities laddering. The company has no significant expirations until 2022.
- Benzinga
Amazon, Home Depot Sign On As Tenants To Multi-Story Seattle Warehouse
Amazon.com, Inc. (NASDAQ: AMZN) will take almost 500,000 square feet of space and Home Depot (NYSE: HD) nearly 100,000, according to the Wall Street Journal. The three-story building is reportedly 590,000 square feet and located minutes from downtown Seattle and the port.
- Zacks
Top REIT ETFs: 5G, Cloud Computing & E-Commerce
Real Estate is among the top performing sectors this year and some specialized REIT ETFs have done much better.
- PR Newswire
Prologis Declares Quarterly Dividends
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements involve uncertainties that could significantly impact our financial results.
- PR Newswire
Prologis to Participate in Industry Conferences in New York City
SAN FRANCISCO , Sept. 6, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Thomas S. Olinger , chief financial officer, will participate ...
- Zacks
Terreno Buys Assets in Oakland & Brooklyn, Sells 1 in Doral
With the latest buyouts in Oakland and Brooklyn, Terreno Realty (TRNO) is poised to bank on robust industry fundamentals. Strategic sells offer capital for growth endeavors to the company.
- Zacks
Duke Realty Witnesses Solid Demand in Atlanta Metro Portfolio
Duke Realty (DRE) capitalizing on favorable fundamentals in the Atlanta market, backed by its strong presence.
