70.97 -0.22 (-0.31%)
After hours: 4:26PM EST
|Bid||68.50 x 1000|
|Ask||0.00 x 800|
|Day's Range||70.62 - 71.20|
|52 Week Range||55.21 - 71.29|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||24.81|
|Earnings Date||Apr 15, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||1.92 (2.71%)|
|1y Target Est||71.59|
Facebook has unveiled a refreshed master plan for its massive new Menlo Park campus and tapped a Bay Area developer for the 60-acre project.
January was a very good month for industrial property owners, but did something change for the REIT niche?
Last year, the greater Bay Area was the best performing industrial real estate market in the country, and the second-best in the world.
CBRE found two dozen examples of properties across the country that were once home to retailers but now have turned — or are in the process of being turned — into industrial centers. Since 2016, at these 24 locations, 7.9 million square feet of retail space has been converted into 10.9 million square feet of industrial space.
The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Starbucks, Norfolk and Prologis
SAN FRANCISCO , Jan. 28, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the tax treatment of DCT Industrial Trust Inc. (NYSE: DCT) 2018 distributions ...
SAN FRANCISCO , Jan. 28, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the tax treatment of its 2018 distributions. While the distributions ...
Industrial REITs poised to shine as demand remains solid amid economic recovery, job-market gains, high consumer spending and e-commerce boom. Also, online returns strengthen future prospects.
SAN FRANCISCO, Jan. 24, 2019 /PRNewswire/ -- Prologis, Inc. (PLD), the global leader in logistics real estate, was ranked the top U.S. company and sixth overall among the 2019 Global 100 Most Sustainable Corporations in the World. The announcement was made at the World Economic Forum in Davos. This marks the tenth time that Prologis, the only real estate investment trust on this year's list, has been included in the prestigious ranking.
Real estate investment trust (REIT) Prologis, Inc. (NYSE: PLD) yesterday reported strong fourth-quarter results, capping what Chairman and CEO Hamid Moghadam called the best year in the company's 28-year history. The industrial property sector's fundamentals "remain as strong as I've ever seen it," Moghadam said, based on a transcript of the call provided by SeekingAlpha. Vacancies are at historic lows, new supply is limited, and e-commerce remains a powerful tailwind for industrial demand, according to Moghadam.
Norway's sovereign wealth fund, the world's biggest, has bought six logistics properties in Chicago, Nashville and Orlando together with real estate partner Prologis, the fund said on Wednesday. "Norges ...
It could have been worse. On Tuesday, the S&P 500 lost 1.42% of its value, ending the session at 2632.90. But, that was off the intraday low, and all it took was a kiss of the 50-day moving average line to put the selling on ice. Today will be a telling day. General Electric (NYSE:GE) set the pace, losing 4.4% of its value on worries that its intended Capital Aviation Services (GECAS) may not command the price previously expected. Altria Group (NYSE:MO) actually lost more ground, however, falling 6.9% in response to a Morgan Stanley downgrade. One noteworthy winner … eBay (NASDAQ:EBAY). Shares of the online-auction giant jumped 6.1% after activist investment firm Elliott Management showed some interest that could be a prelude to a serious -- and beneficial -- shakeup. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Headlines generally don't make for good trading, however, as they tend to be flash-in-the-pan events. Rather, top trading prospects generally take shape over the span of several days, like the stock charts of CenterPoint Energy (NYSE:CNP), Prologis (NYSE:PLD) and Mohawk Industries (NYSE:MHK) have of late. ### CenterPoint Energy (CNP) When we last looked at CenterPoint Energy back on Jan. 7, it was once again knocking on the door of a break out of a sideways trading range, between $27 and $29. That happened in the meantime. But, even then we were hesitant to view it in a fully bullish light. * 7 Dark Horse Stocks You Really Need to Look at for 2019 After Tuesday's action, though, the breakout move was tested, and passed the test with flying colors. Click to Enlarge • The big bullish clue is yesterday's low near $29. The bears had a chance to up-end the rally effort, but the former ceiling has become a floor, sparking a gain on a day most other names lost ground. • Underscoring the strength of the uptrend is more buying volume than not. Although choppy, the rising accumulation-distribution line says there's been more buying interest than selling interest since the rally got going in November. • The next plausible ceiling is the $30 area, marked with a red dashed line. That's where CNP peaked a few times in late 2017. ### Prologis (PLD) Prologis is another name we've dissected more than once in recent months, for largely the same reason as CenterPoint Energy. That is, though range-bound, a breakout was possibly brewing within that range. PLD has fallen out of its range, however, with no avail either way. But, Tuesday's bar offers up several clues that the rebound since late November may have run its course and the stock's now ready to pull back. Click to Enlarge • Yesterday's bar is called a doji, and a spinning top in particular, where the open and close are both right at the midpoint of an usually tall bar. This level of indecision is often seen at the end of a trend and the beginning of a trend in the other direction. • Bolstering the possibility that a reversal is taking shape is where this spinning top materialized. It's right at the intersection of the gray 100-day moving average line and the white 200-day line, where one would expect the bears to make a stand. • Still, this is the kind of trading setup that usually requires some proof of a pivot, ideally in the form of a decisive move lower today. ### Mohawk Industries (MHK) Finally, now's not the time to be making new, blind bets on Mohawk Industries. The company is expected to report earnings in early February, and the last two times the flooring company posted quarterly results, the stock was crushed. It may well happen again. Nevertheless, the chart's action over the course of the past few days means it's worth adding to your watchlist. The bulls are testing the waters in front of major news, and that news may well get MHK over a huge technical hurdle. Click to Enlarge • The hurdle in question is $127.80, plotted in yellow on both stock charts. Though Mohawk hasn't been able to push above it, it has been repeatedly trying to since earlier this month. • Underscoring the budding bullish effort is the above-average bullish volume seen in two of the past three trading days, and the fact that the blue 20-day moving average and the purple 50-day moving average line are in a position to act as support. • If for some reason Mohawk shares respond bullishly after last quarter's earnings are posted, that will likely be the beginning of a more prolonged rally. That doesn't necessarily mean would-by buyers have to jump in right away, however. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Consumer Stocks to Buy for Income * 7 Dark Horse Stocks You Really Need to Look at for 2019 * 7 Retail Stocks to Buy for the Rise of Menswear Compare Brokers The post 3 Big Stock Charts for Wednesday: CenterPoint Energy, Prologis and Mohawk Industries appeared first on InvestorPlace.
Developers across the U.S. are racing to build larger and more sophisticated warehouses, aiming to capitalize on retailers’ desire for ever-faster deliveries. To attract tenants, developers are offering a wide range amenities, like more loading docks, higher ceilings, hundreds of parking spaces, and stronger structures to support the movement of large volumes of goods. Less than a year after Prologis Inc. opened the country’s first three-story warehouse in Seattle—a 589,615 square-foot facility that has ramps to the second-floor and a freight elevator to the third floor—developers in New York, North Carolina and Wisconsin are building the first ones with four stories.
To meet the growing demand for transportation, distribution and logistics workers, Prologis Inc (NYSE: PLD) has expanded a community workforce initiative to Miami public schools. The industrial real estate investment trust (REIT), which released its fourth quarter and 2018 full year earnings this morning, is partnering with Miami-Dade County Public Schools to create a Trade and Logistics Lab, a four-year training program. The initiative comes as the e-commerce market booms and industry experiences a severe labor shortage.
The San Francisco-based real estate investment trust said it had funds from operations of $526 million, or 80 cents per share, in the period. The average estimate of 10 analysts surveyed by Zacks Investment ...
# Prologis Inc ### NYSE:PLD View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for PLD with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PLD. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PLD totaled $682 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
SAN FRANCISCO , Jan. 22, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the fourth quarter and full year 2018. Net earnings per ...
Amazon.com Inc is launching its long-awaited in-house fulfillment and delivery network in Brazil after months of delays caused by complicated logistics and a highly complex tax system in the largest Latin American economy. Amazon, which some rivals had expected to kick off direct sales of items beyond books as soon as the Christmas selling season, said it will directly sell 11 categories of merchandise from over 800 suppliers from L'Oreal to Black & Decker as of Tuesday. "We are launching (our direct sales platform) with 320,000 different products in stock, including 200,000 books... Our obsession is always to increase this catalog and to have everything Brazilian consumers seek and want to buy on the internet", Amazon's Brazilian country manager Alex Szapiro told Reuters.
The formation of JV will help Prologis (PLD) bank on the rising demand for modern logistics space in Brazil, particularly in Sao Paulo and Rio de Janeiro.
SAN FRANCISCO, Jan. 18, 2019 /PRNewswire/ -- Prologis, Inc. (PLD), the global leader in logistics real estate, and global real estate investor Ivanhoé Cambridge today announced the close of their agreement to form an approximately $880 million, 20/80 joint venture in Brazil. Prologis Brazil Logistics Venture will develop and operate logistics real estate in Brazil, specifically in São Paulo and Rio de Janeiro.