64.55 0.00 (0.00%)
After hours: 4:46PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||64.22 - 65.45|
|52 Week Range||45.93 - 65.63|
|PE Ratio (TTM)||28.97|
|Forward Dividend & Yield||1.76 (2.72%)|
|1y Target Est||N/A|
Rising rents drive Prologis' (PLD) Q3 core FFO per share, which came in line with the Zacks Consensus Estimate. Also, the industrial REIT narrowed its 2017 core FFO per share outlook.
The San Francisco-based real estate investment trust said it had funds from operations of $369.7 million, or 67 cents per share, in the period. The average estimate of 11 analysts surveyed by Zacks Investment ...
Prologis (PLD) well poised to benefit from its capacity to offer modern distribution facilities in strategic in-fill locations. Also, the company has decent balance sheet strength.
Increase in supply of office space is expected to offset benefits from the decreasing vacancy rates for SL Green Realty (SLG) in Q3.
It won't be prudent to brood too much on a rate hike. Rather, the focus should be on the expected Q3 financial results of REITs based on the fundamentals of asset categories to which they cater to.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PLD. Over the last one-month, outflows of investor capital in ETFs holding PLD totaled $5.72 billion.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Prologis, Inc. with the following peers – DCT Industrial Trust Inc., First Industrial Realty Trust, Inc., Digital Realty Trust, Inc., Monmouth Real Estate Investment Corporation Class A, CoreSite Realty Corporation, STAG Industrial, Inc., Rexford Industrial Realty, Inc., EastGroup Properties, Inc. and QTS Realty Trust, Inc. ... Read more (Read more...)
Announcement: Moody's: US industrial REITs well positioned to increase earnings from growing demand for warehouse space. Global Credit Research- 29 Sep 2017. New York, September 29, 2017-- Moody's-rated ...
If you are looking to invest in Prologis Inc’s (NYSE:PLD), or currently own the stock, then you need to understand its beta in order to understand how it can affectRead More...
Industrial REITs grab attention riding on high demand, recovering economy and job market, strengthening e-commerce, and a healthy manufacturing environment.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PLD. Over the last one-month, outflows of investor capital in ETFs holding PLD totaled $3.54 billion.
The growth of online shopping is setting off a scramble for industrial real estate near urban centers, giving landlords of once unglamorous properties a chance to push up rents to record levels.
Evercore ISI After several weeks of solid performance by the real-estate investment trust (REIT) group, the sector lagged the S&P 500 for the second week in a row with the group falling 2.3% while the broad market was up a scant 0.1%. Negative news flow from retailers such as Toys “R” Us and Bed Bath & Beyond (BBBY) put pressure on strip-center and mall REITs last week as both group were down more than 4%, giving up some of their recent outperformance. On the positive side, office REITs were nearly flat on the week (down just 0.2%) as a few news reports highlighted some possible leasing activity at SL Green Realty’s (SLG) One Vanderbilt development project which would quell some investor fears about the pending yield on the asset.
E-commerce is setting off a scramble for industrial real estate near urban centers, giving landlords of once-unglamorous properties a chance to push up rents to record levels.
Prologis (PLD) continues to depict robust fundamentals and improving prospects. Further, this Zacks Rank #2 (Buy) stock has risen 20.2% year to date.
Kimco Realty's (KIM) strategy to focus on Internet-resistant alternatives, amid stiff competition from online retailers, augur well for long-term growth.
Prologis has noted a 15.0% rise in revenue in the first half of 2017, driven by every segment. Operating income rose 61.0% despite higher expenses.
Hamid Moghadam, Prologis CEO, discusses how his company is taking advantage of the booming e-commerce space with warehouses to fulfill the needs of the consumer.